WNY Asset Management LLC Buys Shares of 9,447 CocaCola Company (The) $KO

WNY Asset Management LLC bought a new position in CocaCola Company (The) (NYSE:KO) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 9,447 shares of the company’s stock, valued at approximately $718,000.

Several other hedge funds have also recently modified their holdings of the business. Coastline Complete Wealth LLC bought a new position in shares of CocaCola during the first quarter valued at $233,000. Montchanin Asset Management LLC bought a new stake in CocaCola in the 1st quarter worth about $983,000. Leigh Baldwin & CO. LLC increased its holdings in CocaCola by 2.9% in the 1st quarter. Leigh Baldwin & CO. LLC now owns 5,759 shares of the company’s stock worth $438,000 after buying an additional 162 shares in the last quarter. Western Wealth Management LLC raised its position in CocaCola by 44.0% in the 1st quarter. Western Wealth Management LLC now owns 70,192 shares of the company’s stock worth $5,338,000 after buying an additional 21,440 shares during the last quarter. Finally, Orographic Financial Advisors LLC purchased a new position in CocaCola in the 1st quarter worth about $1,572,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on KO. Sanford C. Bernstein restated a “market perform” rating and set a $93.00 target price on shares of CocaCola in a research note on Wednesday. Truist Financial set a $88.00 price target on shares of CocaCola in a research note on Friday, June 26th. Piper Sandler boosted their price objective on shares of CocaCola from $88.00 to $95.00 and gave the company an “overweight” rating in a report on Wednesday. Morgan Stanley restated an “overweight” rating and set a $100.00 price objective (up from $89.00) on shares of CocaCola in a research report on Wednesday. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $86.00 target price (up from $82.00) on shares of CocaCola in a report on Tuesday. Fifteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $95.76.

CocaCola Stock Down 0.9%

KO stock opened at $87.67 on Friday. The company has a market cap of $377.18 billion, a price-to-earnings ratio of 26.33, a P/E/G ratio of 3.06 and a beta of 0.34. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.15 and a current ratio of 1.30. The business’s 50-day moving average is $82.04 and its two-hundred day moving average is $78.72. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $90.92.

CocaCola (NYSE:KO) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to the consensus estimate of $13.17 billion. During the same period in the previous year, the company posted $0.87 EPS. The business’s quarterly 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, analysts forecast that CocaCola Company will post 3.29 earnings per share for the current year.

CocaCola Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.4%. CocaCola’s dividend payout ratio (DPR) is presently 63.66%.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Strong second-quarter results remain the primary catalyst. Coca-Cola reported adjusted earnings of $0.97 per share, above the $0.93 consensus, while revenue increased 6.2% year over year to $13.37 billion, topping the $13.17 billion estimate. Global unit-case volume rose 5%, and management raised its 2026 earnings outlook to $3.27-$3.30 per share. Coca-Cola Q2 2026 Earnings Call Highlights
• Positive Sentiment: Premium beverages could support future revenue growth. Coca-Cola is using innovation, pricing and packaging to expand premium offerings and capture higher-value consumption occasions. Growth in Fairlife, zero-sugar products and favorable product mix also contributed to recent momentum. Can Coca-Cola’s Premium Beverage Strategy Boost Revenues?
• Positive Sentiment: Analyst targets moved higher. Jefferies raised its target to $104, TD Cowen to $100 and Argus to $97 with a Buy rating. Citigroup also forecast meaningful appreciation, helping reinforce the broadly Moderate Buy consensus.
• Neutral Sentiment: The dividend remains an income-supporting feature. Coca-Cola declared a quarterly dividend of $0.53 per share, or $2.12 annualized, representing an approximately 2.4% yield at recent prices. The company’s long dividend-growth record continues to appeal to defensive and income-focused investors. Coca-Cola Raised Its Full-Year Guidance
• Negative Sentiment: Valuation may be limiting near-term upside. With KO trading near its 52-week high at roughly 26 times earnings, HSBC cut the stock to Hold and argued that PepsiCo may offer better value. Coca-Cola Cut to Hold at HSBC
• Negative Sentiment: Insider selling creates a modest sentiment overhang. Chairman James Quincey sold approximately $13.1 million of shares, following a larger sale the prior day. The transactions were conducted under pre-arranged Rule 10b5-1 plans to cover tax withholding, making them less concerning than discretionary sales but still notable.

Insider Buying and Selling at CocaCola

In other CocaCola news, EVP Jennifer K. Mann sold 23,984 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president directly owned 157,400 shares of the company’s stock, valued at approximately $13,128,734. This represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Nancy Quan sold 31,625 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the completion of the transaction, the executive vice president owned 223,330 shares in the company, valued at $18,074,096.90. The trade was 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 three months, insiders have sold 1,502,719 shares of company stock valued at $126,087,452. 0.90% of the stock is owned by corporate insiders.

About CocaCola

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.