MassMutual Private Wealth & Trust FSB Has $8.67 Million Holdings in CocaCola Company (The) $KO

MassMutual Private Wealth & Trust FSB lessened its holdings in shares of CocaCola Company (The) (NYSE:KO) by 6.7% in the second quarter, Holdings Channel.com reports. The fund owned 106,653 shares of the company’s stock after selling 7,598 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in CocaCola were worth $8,668,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Brighton Jones LLC lifted its stake in CocaCola by 13.3% in the fourth quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock valued at $2,433,000 after buying an additional 4,591 shares during the period. Revolve Wealth Partners LLC raised its holdings in CocaCola by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock worth $548,000 after buying an additional 293 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in CocaCola in the 1st quarter valued at $210,000. Jump Financial LLC boosted its position in shares of CocaCola by 450.5% during the second quarter. Jump Financial LLC now owns 39,583 shares of the company’s stock worth $2,800,000 after buying an additional 32,392 shares during the period. Finally, Osterweis Capital Management Inc. raised its position in CocaCola by 548.2% in the 2nd quarter. Osterweis Capital Management Inc. now owns 1,063 shares of the company’s stock valued at $75,000 after buying an additional 899 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola is being highlighted as a defensive consumer-staples investment as weakening consumer confidence and market volatility increase demand for stable, dividend-paying companies. 4 Consumer Staples Stocks to Play Safe Amid Sinking Consumer Confidence
• Positive Sentiment: Recent coverage points to Coca-Cola’s strong second-quarter results and long record of dividend growth as reasons investors may rotate toward KO and other defensive names away from technology and artificial-intelligence trades. 2 Consumer Staples Stocks Giving Investors a Break From the AI Trade
• Positive Sentiment: The company’s latest quarter exceeded expectations, with earnings of $0.97 per share versus a $0.93 consensus and revenue of $13.37 billion versus $13.17 billion. Revenue increased 6.2% year over year, reinforcing the company’s earnings momentum. Coca-Cola’s dividend also remains strategically important to Berkshire Hathaway, which is expected to receive roughly $848 million in dividends this year. Prediction: Greg Abel Will Continue Holding This Berkshire Hathaway Stock
• Neutral Sentiment: CFO John Murphy sold 152,483 shares, reducing his holdings by about 35%, but the filing said the transaction covered tax-withholding obligations tied to vested equity awards. This makes the sale less concerning than a discretionary disposal, although it can still affect short-term sentiment. SEC Form 4 Filing
• Negative Sentiment: Analysts are focusing on Coca-Cola absorbing near-term margin pressure as it expands in China, creating a potential offset to otherwise steady beverage demand and solid sales growth. Coca-Cola Absorbs Margin Hit for Expansion in Key Market
• Negative Sentiment: Separate reports of Coca-Cola’s chairman selling sizable blocks of stock add to insider-selling concerns, even as the broader earnings and dividend outlook remains favorable. Coca-Cola Chairman Sells Stock

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Morgan Stanley reaffirmed an “overweight” rating and set a $100.00 price target (up from $89.00) on shares of CocaCola in a research report on Wednesday, July 29th. JPMorgan Chase & Co. lifted their price objective on shares of CocaCola from $90.00 to $96.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. The Goldman Sachs Group reissued a “neutral” rating and issued a $86.00 price objective (up from $82.00) on shares of CocaCola in a research report on Tuesday, July 28th. Argus increased their target price on shares of CocaCola from $91.00 to $97.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Finally, Piper Sandler raised their target price on shares of CocaCola from $88.00 to $95.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Fifteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $95.76.

CocaCola Stock Performance

Shares of KO opened at $86.84 on Tuesday. The firm has a 50-day moving average of $82.15 and a 200-day moving average of $78.88. CocaCola Company has a one year low of $65.35 and a one year high of $90.92. The company has a market cap of $373.62 billion, a PE ratio of 26.08, a price-to-earnings-growth ratio of 3.06 and a beta of 0.33. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 1.12.

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

CocaCola Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola’s dividend payout ratio is currently 63.66%.

Insider Transactions at CocaCola

In other news, insider Bruno Pietracci sold 75,727 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $89.65, for a total transaction of $6,788,925.55. Following the transaction, the insider directly owned 35,393 shares of the company’s stock, valued at approximately $3,172,982.45. This trade represents a 68.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 Nancy Quan sold 31,625 shares of CocaCola stock in a transaction on Friday, May 15th. The shares were sold at an average price of $80.93, for a total value of $2,559,411.25. Following the completion of the transaction, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $18,074,096.90. This represents a 12.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 1,655,202 shares of company stock worth $139,400,742. 0.90% of the stock is currently owned by company insiders.

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.