Encore Global Management LP Acquires Shares of 33,000 CocaCola Company (The) $KO

Encore Global Management LP acquired a new stake in shares of CocaCola Company (The) (NYSE:KO) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 33,000 shares of the company’s stock, valued at approximately $2,510,000. CocaCola comprises about 1.8% of Encore Global Management LP’s portfolio, making the stock its 24th largest holding.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in CocaCola by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company’s stock valued at $26,200,276,000 after purchasing an additional 5,886,352 shares during the period. State Street Corp lifted its holdings in CocaCola by 1.2% in the 4th quarter. State Street Corp now owns 167,850,330 shares of the company’s stock worth $11,734,417,000 after buying an additional 1,992,327 shares during the period. Geode Capital Management LLC lifted its holdings in CocaCola by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company’s stock worth $6,273,037,000 after buying an additional 433,547 shares during the period. Norges Bank bought a new stake in shares of CocaCola in the 4th quarter worth approximately $3,865,807,000. Finally, Franklin Resources Inc. grew its position in shares of CocaCola by 3.1% in the 4th quarter. Franklin Resources Inc. now owns 40,289,857 shares of the company’s stock worth $2,816,697,000 after buying an additional 1,195,581 shares during the last quarter. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at CocaCola

In other CocaCola news, EVP Jennifer K. Mann sold 100,000 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $79.46, for a total transaction of $7,946,000.00. Following the completion of the transaction, the executive vice president owned 181,384 shares of the company’s stock, valued at approximately $14,412,772.64. This trade represents a 35.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through 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 Nancy Quan sold 31,625 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the sale, the executive vice president owned 223,330 shares in the company, valued at approximately $18,074,096.90. This trade represents a 12.40% decrease in their position. 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 90 days, insiders sold 899,905 shares of company stock valued at $71,832,315. 0.90% of the stock is currently owned by company insiders.

Key CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Quarterly results beat expectations. Coca-Cola reported adjusted earnings of $0.97 per share, above the $0.92-$0.93 analyst consensus, while revenue reached approximately $13.37 billion, up 6.2%-7% year over year and ahead of estimates. Net income attributable to shareholders rose 16% to $4.43 billion. Coca-Cola Reports Second Quarter 2026 Results and Raises Full Year Guidance
• Positive Sentiment: Demand and market share remained resilient. Global unit-case volume increased 5%, reportedly Coca-Cola’s strongest quarterly volume growth in 17 years. The company gained value share despite economic pressure, helped by zero-sugar beverages, fairlife and affordable offerings such as an extra-caffeinated Mr. Pibb. Coca-Cola hails World Cup hydration breaks as it lifts annual forecasts
• Positive Sentiment: Management raised 2026 guidance. Coca-Cola now expects approximately 5% organic revenue growth, compared with prior guidance of 4%-5%, and comparable EPS growth of 9%-10%, up from 8%-9%. The company’s reported FY 2026 EPS guidance is $3.27-$3.30. The FIFA World Cup provided an additional marketing and consumption boost. Coca-Cola Lifts 2026 Earnings Outlook as Second-Quarter Results Top Views
• Neutral Sentiment: The strong rally leaves KO trading near the top of its yearly range, with a P/E ratio around 28 and a PEG ratio above 3. Investors may therefore expect continued execution before assigning further valuation expansion.
• Neutral Sentiment: Broader market rotation from technology stocks into Dow blue chips also supported investor attention, although the primary catalyst was Coca-Cola’s earnings and guidance update.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on KO shares. The Goldman Sachs Group restated a “neutral” rating and set a $86.00 target price on shares of CocaCola in a report on Tuesday. Royal Bank Of Canada reiterated an “outperform” rating on shares of CocaCola in a report on Friday. JPMorgan Chase & Co. boosted their price objective on shares of CocaCola from $85.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday, July 10th. Weiss Ratings upgraded shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday, May 4th. Finally, Sanford C. Bernstein set a $83.00 price objective on shares of CocaCola in a report on Thursday, July 9th. Fourteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $90.06.

CocaCola Stock Up 5.2%

KO stock opened at $88.44 on Wednesday. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $90.22. The business’s 50 day moving average price is $81.62 and its two-hundred day moving average price is $78.39. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36. The company has a market capitalization of $380.51 billion, a price-to-earnings ratio of 27.81, a price-to-earnings-growth ratio of 3.41 and a beta of 0.34.

CocaCola (NYSE:KO) last announced its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.04. The firm had revenue of $13.37 billion during the quarter, compared to analyst estimates of $13.17 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The business’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, analysts forecast that CocaCola Company will post 3.26 earnings per share for the current fiscal 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. The ex-dividend date is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.4%. CocaCola’s dividend payout ratio is 66.67%.

CocaCola Company 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.