CocaCola Company (The) $KO Shares Bought by New Mexico Educational Retirement Board

New Mexico Educational Retirement Board grew its holdings in CocaCola Company (The) (NYSE:KO) by 8.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 192,620 shares of the company’s stock after acquiring an additional 14,300 shares during the period. New Mexico Educational Retirement Board’s holdings in CocaCola were worth $15,654,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in KO. State Street Corp lifted its stake in shares of CocaCola by 1.2% during the fourth quarter. State Street Corp now owns 167,850,330 shares of the company’s stock worth $11,734,417,000 after purchasing an additional 1,992,327 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of CocaCola by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company’s stock valued at $6,273,037,000 after buying an additional 433,547 shares in the last quarter. Norges Bank purchased a new stake in shares of CocaCola during the 4th quarter valued at about $3,865,807,000. Bank of America Corp DE raised its holdings in shares of CocaCola by 4.4% during the 2nd quarter. Bank of America Corp DE now owns 45,958,636 shares of the company’s stock valued at $3,735,058,000 after buying an additional 1,939,673 shares during the period. Finally, Franklin Resources Inc. lifted its position in CocaCola by 3.1% during the 4th quarter. Franklin Resources Inc. now owns 40,289,857 shares of the company’s stock worth $2,816,697,000 after acquiring an additional 1,195,581 shares in the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors.

CocaCola Stock Up 0.6%

KO stock opened at $89.63 on Friday. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97. The firm has a 50 day simple moving average of $85.32 and a 200-day simple moving average of $80.83. The company has a market capitalization of $385.64 billion, a P/E ratio of 26.92, a PEG ratio of 3.11 and a beta of 0.33. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $92.49.

CocaCola (NYSE:KO) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.04. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The firm had revenue of $13.37 billion for the quarter, compared to analysts’ expectations of $13.17 billion. During the same period in the prior year, the company posted $0.87 earnings per share. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities research analysts predict that CocaCola Company will post 3.29 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts have weighed in on KO shares. The Goldman Sachs Group restated a “neutral” rating and issued a $86.00 price target (up from $82.00) on shares of CocaCola in a report on Tuesday, July 28th. TD Cowen lifted their price objective 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. Royal Bank Of Canada boosted their target price on shares of CocaCola from $87.00 to $96.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Piper Sandler upped their target price on shares of CocaCola from $88.00 to $95.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of CocaCola in a report on Friday, July 31st. Fifteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $95.76.

Insiders Place Their Bets

In related news, insider Sanket Ray sold 9,958 shares of the business’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $86.50, for a total value of $861,367.00. Following the completion of the sale, the insider directly owned 62,105 shares of the company’s stock, valued at $5,372,082.50. The trade was a 13.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman James Quincey sold 145,947 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $90.09, for a total value of $13,148,365.23. Following the sale, the chairman owned 122,833 shares in the company, valued at $11,066,024.97. The trade was a 54.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. In the last quarter, insiders have sold 1,594,900 shares of company stock worth $136,568,617. Company insiders own 0.90% of the company’s stock.

Key CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Defensive-sector demand is supporting KO. Market commentary points to Coca-Cola’s stable cash flows and relatively low volatility as attractive while investors seek safety and quality amid changing interest-rate expectations. Why is Coca-Cola drawing steady demand as staples turn defensive today?
• Positive Sentiment: Zacks upgraded Coca-Cola to Rank #2, or “Buy.” The upgrade reflects improving expectations for the company’s earnings prospects and could provide a near-term sentiment boost. Coca-Cola upgraded to Buy
• Positive Sentiment: Recent operating momentum remains constructive. Coca-Cola’s latest quarter included revenue growth of about 6% year over year and an earnings beat, while the company maintains fiscal 2026 EPS guidance of $3.27–$3.30.
• Neutral Sentiment: Institutional positioning is mixed but leans supportive. More institutions added KO shares than reduced them in the latest quarter, with notable additions from JPMorgan, Geode and Capital World Investors, although BlackRock, Capital Research and Invesco trimmed positions.
• Neutral Sentiment: Analyst support is positive, but valuation may limit upside. Barclays and JPMorgan maintain “Overweight” ratings, while the reported median price target of $89.50 is close to the current trading level. Commentary also describes the valuation as stretched. Coca-Cola upgraded to Buy
• Negative Sentiment: Insider selling is a cautionary signal. Company insiders made 30 open-market sales and no purchases over the past six months, including substantial sales by Chairman James Quincey and other senior executives.

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.