SageGuard Financial Group LLC Trims Position in CocaCola Company (The) $KO

Key Points

• SageGuard Financial Group cut its Coca-Cola stake by 13.4% in the first quarter, selling 32,769 shares and leaving it with 211,501 shares worth about $16.1 million.
• Coca-Cola reported solid first-quarter results, beating earnings and revenue expectations with EPS of $0.86 and revenue of $12.47 billion, and it raised FY2026 guidance to $3.24-$3.27 EPS.
• Wall Street remains generally upbeat on KO: analysts have a Moderate Buy rating overall, the stock pays a $0.53 quarterly dividend (2.6% yield), and recent commentary highlighted its defensive appeal and potential upside.

SageGuard Financial Group LLC trimmed its holdings in CocaCola Company (The) (NYSE:KO - Free Report) by 13.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 211,501 shares of the company's stock after selling 32,769 shares during the period. CocaCola comprises about 2.5% of SageGuard Financial Group LLC's investment portfolio, making the stock its 8th largest holding. SageGuard Financial Group LLC's holdings in CocaCola were worth $16,085,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Louisbourg Investments Inc. acquired a new position in CocaCola in the 1st quarter worth $25,000. Anfield Capital Management LLC grew its stake in CocaCola by 438.8% in the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company's stock valued at $25,000 after purchasing an additional 294 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of CocaCola in the second quarter valued at $26,000. Evolution Wealth Management Inc. increased its stake in shares of CocaCola by 1,081.8% during the 4th quarter. Evolution Wealth Management Inc. now owns 390 shares of the company's stock worth $27,000 after purchasing an additional 357 shares during the last quarter. Finally, Daytona Street Capital LLC acquired a new position in CocaCola during the fourth quarter worth approximately $29,000. Institutional investors and hedge funds own 70.26% of the company's stock.

CocaCola Stock Performance

Shares of KO stock opened at $82.63 on Monday. CocaCola Company has a one year low of $65.35 and a one year high of $84.04. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. The business's 50 day simple moving average is $79.44 and its 200 day simple moving average is $76.32. The stock has a market capitalization of $355.51 billion, a PE ratio of 25.98, a PEG ratio of 3.30 and a beta of 0.35.

CocaCola (NYSE:KO - Get Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, topping analysts' consensus estimates of $0.81 by $0.05. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The business had revenue of $12.47 billion during the quarter, compared to the consensus estimate of $12.24 billion. During the same quarter last year, the firm earned $0.73 earnings per share. CocaCola's quarterly revenue was up 11.4% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, research analysts forecast that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be paid a $0.53 dividend. The ex-dividend date is Monday, June 15th. This represents a $2.12 annualized dividend and a dividend yield of 2.6%. CocaCola's payout ratio is currently 66.67%.

Wall Street Analyst Weigh In

Several equities analysts have commented on KO shares. JPMorgan Chase & Co. upped their price objective on shares of CocaCola from $83.00 to $85.00 and gave the company an "overweight" rating in a report on Wednesday, April 29th. Morgan Stanley set a $89.00 price objective on CocaCola in a research note on Wednesday, June 10th. Jefferies Financial Group boosted their target price on shares of CocaCola from $87.00 to $90.00 and gave the company a "buy" rating in a research report on Monday, March 16th. UBS Group raised their price objective on CocaCola from $90.00 to $92.00 and gave the company a "buy" rating in a research note on Wednesday, April 29th. Finally, TD Cowen increased their price objective on shares of CocaCola from $85.00 to $90.00 and gave the company a "buy" rating in a research note on Wednesday, April 29th. Fifteen analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $86.88.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: 24/7 Wall St. issued a bullish view on KO, calling it a quality compounder with a price target of $90.07, implying about 12% upside and recommending the stock as a buy. Coca Cola Price Prediction: The Case for 12% Upside
• Positive Sentiment: Zacks highlighted Coca-Cola as one of four defensive stocks to own as inflation rises, reinforcing KO’s appeal as a stable consumer staples name in a more uncertain macro environment. Buy 4 Defensive Stocks as Inflation Hits Highest Level in 3 Years
• Positive Sentiment: Growth rankings also looked supportive, with an article noting Monster Beverage and Coca-Cola leading S&P 500 consumer staples stocks by growth grades, which may help sentiment around KO’s fundamental profile. Monster Beverage, Coca-Cola lead S&P 500 consumer staples stocks by growth grades
• Neutral Sentiment: The company announced a leadership transition in its North America operating unit, with Jennifer Mann stepping down and CFO John Murphy taking over temporarily. This is operationally important, but the market impact is likely limited unless it signals broader strategic changes. The Coca-Cola Company Announces Leadership Transition for North America Operating Unit
• Neutral Sentiment: Investors are also watching the company’s long-running $20 billion IRS tax dispute, which has reached a promising stage in court but still represents a potential overhang on long-term cash flow and taxes. Coca-Cola's longstanding $20B tax case is off to a promising start in the courtroom
• Negative Sentiment: Recent analysis questioning whether the current share price is justified after a roughly 19% one-year decline could temper enthusiasm, even though the stock remains viewed by some as attractively valued. Coca-Cola (KO) Stock After 19% Year Loss Is The Current Price Justified?

Insider Buying and Selling at CocaCola

In related news, Chairman James Quincey sold 436,296 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $80.13, for a total value of $34,960,398.48. Following the transaction, the chairman directly owned 122,833 shares in the company, valued at $9,842,608.29. This trade represents a 78.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Jennifer K. Mann sold 23,984 shares of the firm's stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $83.41, for a total transaction of $2,000,505.44. Following the completion of the transaction, the executive vice president directly owned 157,400 shares in the company, valued at $13,128,734. This trade represents a 13.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 899,905 shares of company stock valued at $71,832,315. Corporate insiders own 0.90% of the company's stock.

CocaCola Profile

The Coca‑Cola Company NYSE: KO is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.

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