Summit Wealth Partners LLC Buys 11,605 Shares of CocaCola Company (The) $KO

Summit Wealth Partners LLC lifted its stake in shares of CocaCola Company (The) (NYSE:KO) by 322.2% in the 1st quarter, Holdings Channel reports. The institutional investor owned 15,207 shares of the company’s stock after purchasing an additional 11,605 shares during the quarter. Summit Wealth Partners LLC’s holdings in CocaCola were worth $1,157,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in CocaCola by 1.6% in the fourth 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 last quarter. State Street Corp grew its holdings 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 during the last quarter. Geode Capital Management LLC grew its holdings in shares of CocaCola by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company’s stock worth $6,273,037,000 after purchasing an additional 433,547 shares during the last quarter. Norges Bank acquired a new position in shares of CocaCola in the fourth quarter valued at approximately $3,865,807,000. Finally, Franklin Resources Inc. increased its stake in shares of CocaCola by 3.1% in the fourth quarter. Franklin Resources Inc. now owns 40,289,857 shares of the company’s stock valued at $2,816,697,000 after buying an additional 1,195,581 shares during the period. 70.26% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

KO has been the topic of several recent research reports. Jefferies Financial Group lifted their target price on shares of CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. Citigroup upped their price target on shares of CocaCola from $90.00 to $91.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Weiss Ratings raised shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 4th. Sanford C. Bernstein assumed coverage on shares of CocaCola in a report on Thursday, June 11th. They set a “market perform” rating and a $84.00 price target on the stock. Finally, Barclays boosted their price objective on shares of CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Fifteen equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $86.69.

Insider Buying and Selling at CocaCola

In other CocaCola news, Chairman James Quincey sold 436,296 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $80.13, for a total transaction of $34,960,398.48. Following the completion of the sale, the chairman directly owned 122,833 shares in the company, valued at approximately $9,842,608.29. This trade represents a 78.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible 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 CocaCola stock in a transaction dated Friday, May 15th. The stock was 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 approximately $18,074,096.90. This trade 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 have sold 899,905 shares of company stock valued at $71,832,315. 0.90% of the stock is currently owned by insiders.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analysts continue to highlight Coca-Cola’s low-beta, defensive profile as attractive in a steady-rate environment, which can support demand for the stock among income and safety-focused investors.
• Positive Sentiment: Recent commentary suggests KO’s 2026 growth is being driven by a healthier mix of pricing power, volume gains, affordability initiatives, and innovation, reinforcing the company’s earnings resilience.
• Neutral Sentiment: Market coverage also emphasized Coca-Cola’s long record of dividend growth and its broad global footprint, underscoring the stock’s appeal as a stable blue-chip holding.
• Negative Sentiment: The biggest headline risk is the IRS transfer-pricing case, now in federal appeals court, which could leave Coca-Cola on the hook for up to $20 billion in additional taxes and interest if it loses. Article Title

CocaCola Stock Up 0.3%

Shares of NYSE KO opened at $79.66 on Tuesday. The company has a market capitalization of $342.72 billion, a P/E ratio of 25.05, a price-to-earnings-growth ratio of 3.17 and a beta of 0.35. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $84.04. 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’s 50 day moving average price is $79.06 and its 200-day moving average price is $76.02.

CocaCola (NYSE:KO) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.05. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The company had revenue of $12.47 billion for the quarter, compared to analyst estimates of $12.24 billion. During the same period in the prior year, the firm posted $0.73 EPS. The company’s quarterly revenue was up 11.4% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Equities analysts forecast that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.7%. CocaCola’s dividend payout ratio is 66.67%.

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.