Triton Financial Group Inc bought a new position in shares of CocaCola Company (The) (NYSE:KO – Free Report) during the second quarter, HoldingsChannel.com reports. The firm bought 40,618 shares of the company’s stock, valued at approximately $3,301,000. CocaCola comprises about 1.9% of Triton Financial Group Inc’s portfolio, making the stock its 17th biggest position.
Several other institutional investors also recently bought and sold shares of the business. Eurizon SLJ Capital Ltd purchased a new stake in CocaCola during the fourth quarter valued at about $552,000. Banco Santander S.A. increased its stake in CocaCola by 3.1% during the second quarter. Banco Santander S.A. now owns 1,090,758 shares of the company’s stock worth $88,646,000 after acquiring an additional 32,723 shares during the last quarter. King Luther Capital Management Corp raised its holdings in shares of CocaCola by 0.8% in the 4th quarter. King Luther Capital Management Corp now owns 3,852,525 shares of the company’s stock worth $269,330,000 after purchasing an additional 31,694 shares during the period. Cibc World Market Inc. raised its holdings in shares of CocaCola by 4.8% in the 4th quarter. Cibc World Market Inc. now owns 1,759,546 shares of the company’s stock worth $123,010,000 after purchasing an additional 79,946 shares during the period. Finally, Daymark Wealth Partners LLC lifted its stake in shares of CocaCola by 68.5% in the 2nd quarter. Daymark Wealth Partners LLC now owns 218,199 shares of the company’s stock valued at $17,733,000 after purchasing an additional 88,690 shares in the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other news, insider Bruno Pietracci sold 111,365 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $90.93, for a total value of $10,126,419.45. Following the completion of the transaction, the insider directly owned 41,365 shares in the company, valued at approximately $3,761,319.45. This represents a 72.92% 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 link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO John Murphy sold 152,483 shares of the firm’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $87.31, for a total transaction of $13,313,290.73. Following the sale, the chief financial officer directly owned 279,917 shares of the company’s stock, valued at approximately $24,439,553.27. The trade was a 35.26% 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. In the last ninety days, insiders sold 1,594,900 shares of company stock valued at $136,568,617. Corporate insiders own 0.90% of the company’s stock.
Analyst Ratings Changes
View Our Latest Analysis on KO
CocaCola Price Performance
KO stock opened at $89.16 on Friday. The firm has a market cap of $383.59 billion, a P/E ratio of 26.77, a price-to-earnings-growth ratio of 3.14 and a beta of 0.33. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.12 and a current ratio of 1.30. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $92.49. The stock has a 50-day simple moving average of $85.12 and a 200-day simple moving average of $80.76.
CocaCola (NYSE:KO – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.93 by $0.04. The firm had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.CocaCola’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities analysts predict that CocaCola Company will post 3.29 earnings per share for the current fiscal year.
CocaCola Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola’s payout ratio is presently 63.66%.
Key CocaCola News
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Analyst-model upgrade supports the shares. Zacks upgraded Coca-Cola to Rank #2 (Buy), citing improving earnings prospects. The company’s latest quarter also showed momentum, with revenue up 6.2% year over year and EPS of $0.97 exceeding consensus by $0.04. Coca-Cola Upgraded to Buy: Here’s What You Should Know
- Positive Sentiment: Defensive positioning is attracting demand. Market commentary indicates investors are favoring staples such as KO amid a more defensive trading environment. Coca-Cola’s relatively stable demand, strong margins and dividend profile can benefit from this rotation. Why is Coca-Cola drawing steady demand as staples turn defensive today?
- Positive Sentiment: Brand marketing could support seasonal sales. Coca-Cola launched a Fanta Halloween campaign designed to expand the brand’s presence during another major holiday period. The initiative is strategically positive, although its direct financial impact is not yet quantified. Coca-Cola launches Fanta Halloween campaign
- Neutral Sentiment: Post-earnings momentum is being reassessed. KO has gained since its latest earnings report, but analysts are watching estimate revisions and forward guidance to determine whether that performance can continue. Management’s full-year 2026 EPS guidance is $3.27–$3.30. Coca-Cola Up 1.1% Since Last Earnings Report: Can It Continue?
- Negative Sentiment: Higher bond yields pressure dividend-stock valuations. The 30-year Treasury yield has moved above 5.2%, making government bonds more competitive with Coca-Cola’s dividend and potentially weighing on income-oriented demand. The 30-Year U.S. Treasury Bond Now Has a Higher Yield Than Ford and Coca-Cola
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.
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Want to see what other hedge funds are holding KO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CocaCola Company (The) (NYSE:KO – Free Report).
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