Stonebridge Capital Management Inc. Sells 11,320 Shares of CocaCola Company (The) $KO

Stonebridge Capital Management Inc. reduced its position in CocaCola Company (The) (NYSE:KO - Free Report) by 15.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 60,741 shares of the company's stock after selling 11,320 shares during the quarter. CocaCola accounts for approximately 2.4% of Stonebridge Capital Management Inc.'s holdings, making the stock its 14th biggest holding. Stonebridge Capital Management Inc.'s holdings in CocaCola were worth $4,936,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in KO. Anfield Capital Management LLC raised its position in CocaCola by 438.8% during the 4th 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. Louisbourg Investments Inc. bought a new position in CocaCola in the first quarter worth approximately $25,000. Headlands Technologies LLC purchased a new stake in CocaCola during the second quarter worth $26,000. Evolution Wealth Management Inc. boosted its position in CocaCola by 1,081.8% during the 4th quarter. Evolution Wealth Management Inc. now owns 390 shares of the company's stock valued at $27,000 after acquiring an additional 357 shares in the last quarter. Finally, Guardian Partners Inc. purchased a new position in shares of CocaCola in the 2nd quarter valued at $27,000. 70.26% of the stock is currently owned by institutional investors.

CocaCola Stock Down 1.7%

KO stock opened at $90.07 on Thursday. CocaCola Company has a one year low of $65.35 and a one year high of $92.49. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.12 and a current ratio of 1.30. The firm's fifty day moving average is $84.93 and its 200 day moving average is $80.69. The firm has a market cap of $387.53 billion, a PE ratio of 27.05, a P/E/G ratio of 3.20 and a beta of 0.33.

CocaCola (NYSE:KO - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, beating analysts' consensus estimates of $0.93 by $0.04. The business had revenue of $13.37 billion during the quarter, compared to analysts' expectations of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The business's revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, research analysts forecast that CocaCola Company will post 3.29 EPS for the current year.

CocaCola Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.4%. The ex-dividend date is Tuesday, September 15th. CocaCola's dividend payout ratio is presently 63.66%.

Insider Transactions at CocaCola

In other news, EVP Nancy Quan sold 50,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the completion of the sale, the executive vice president owned 223,330 shares in the company, valued at $20,186,798.70. This trade represents a 18.29% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Bruno Pietracci sold 111,365 shares of the firm's stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $90.93, for a total value of $10,126,419.45. Following the sale, the insider directly owned 41,365 shares of the company's stock, valued at $3,761,319.45. The trade was a 72.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 1,594,900 shares of company stock valued at $136,568,617 in the last three months. 0.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on KO. Jefferies Financial Group raised their price target on shares of CocaCola from $95.00 to $104.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. TD Cowen raised their target price on shares of CocaCola from $90.00 to $100.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. Bank of America upped their price target on CocaCola from $90.00 to $95.00 and gave the stock a "buy" rating in a research report on Friday, July 10th. Wells Fargo & Company increased their price target on CocaCola from $90.00 to $95.00 and gave the company an "overweight" rating in a research note on Wednesday, July 29th. Finally, Evercore restated an "outperform" rating and set a $100.00 price objective on shares of CocaCola in a report on Tuesday, July 28th. Fifteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $95.76.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola launched a new Fanta Halloween campaign aimed at making the brand a larger part of seasonal consumer spending. The initiative could support marketing engagement and incremental sales, although its near-term financial impact is uncertain. Coca-Cola launches the Fanta Halloween campaign
• Positive Sentiment: Analyst coverage remains generally favorable, with Coca-Cola carrying an average “Moderate Buy” rating. Recent quarterly earnings beats, global brand strength and full-year 2026 EPS guidance of $3.27-$3.30 continue to support the growth-compounder narrative. Coca-Cola receives Moderate Buy recommendation
• Neutral Sentiment: Coca-Cola’s quarterly dividend remains an important part of the investment case, with a declared payment of $0.53 per share and an annualized yield of about 2.3%. However, higher bond yields may make income-oriented investors less willing to pay a premium for defensive dividend stocks. 5 Blue-Chip Dividend Stocks to Buy
• Negative Sentiment: The 30-year Treasury yield has risen above 5.2%, increasing competition for Coca-Cola’s dividend and potentially pressuring the valuation of this low-beta, defensive stock. 30-Year Treasury yield rises above Coca-Cola yield
• Negative Sentiment: Recent market commentary says Coca-Cola is declining more than the broader market, while comparisons with PepsiCo highlight concerns about relative growth and performance. With KO trading at roughly 27 times earnings and after a strong rally, investors may be taking profits or demanding faster growth. Coca-Cola declines more than the market

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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