Cidel Asset Management Inc. Increases Position in CocaCola Company (The) $KO

Cidel Asset Management Inc. grew its position in shares of CocaCola Company (The) (NYSE:KO) by 2,091.3% during the second quarter, Holdings Channel reports. The firm owned 361,934 shares of the company’s stock after acquiring an additional 345,417 shares during the quarter. CocaCola makes up approximately 1.4% of Cidel Asset Management Inc.’s portfolio, making the stock its 20th biggest holding. Cidel Asset Management Inc.’s holdings in CocaCola were worth $29,414,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. California State Teachers Retirement System boosted its holdings in CocaCola by 7,365.2% during the 2nd quarter. California State Teachers Retirement System now owns 487,509,960 shares of the company’s stock valued at $39,619,934,000 after acquiring an additional 480,979,487 shares during the period. State Street Corp increased its stake in 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 period. Geode Capital Management LLC increased its stake in 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 period. Norges Bank acquired a new stake in shares of CocaCola during the fourth quarter worth about $3,865,807,000. Finally, Bank of America Corp DE lifted its position in shares of CocaCola by 4.4% during the second quarter. Bank of America Corp DE now owns 45,958,636 shares of the company’s stock worth $3,735,058,000 after purchasing an additional 1,939,673 shares in the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analysts and market commentators continue to highlight Coca-Cola’s ability to generate returns through both business growth and shareholder distributions. Its brand strength, pricing power and defensive demand are helping explain its outperformance in 2026. Andrew Sather: Most Investors Are Missing Why Coca-Cola Is Outperforming
• Positive Sentiment: Coca-Cola is being identified as a pricing-power stock that may offer defensive protection against inflation and a weaker dollar. This supports investor demand for KO as a relatively stable consumer-staples holding. Safety Stocks Are Not What They Used to Be
• Positive Sentiment: The company remains attractive to income investors because its dividend profile offers ongoing shareholder returns without the capped upside associated with some covered-call income funds. JEPI Is an Income Machine
• Neutral Sentiment: Coca-Cola’s premiumization strategy is expanding higher-priced offerings while retaining affordable packages. The approach could improve revenue and margins, but it also carries risk if pricing pressures reduce consumer demand. Coca-Cola’s Premiumization Push
• Neutral Sentiment: Several articles compare KO’s 2026 performance with other defensive stocks and assess whether its advance near record levels is sustainable, signaling strong sentiment but also elevated valuation risk. Is Coca-Cola a Buy Near an All-Time High?
• Neutral Sentiment: News about former executive Brian Dyson’s death is historical and unlikely to materially affect Coca-Cola’s current financial outlook. Brian Dyson Dies at Age 90

Insiders Place Their Bets

In other CocaCola news, EVP Nancy Quan sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total value of $4,519,500.00. Following the completion of the sale, the executive vice president owned 223,330 shares in the company, valued at approximately $20,186,798.70. The trade was a 18.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Bruno Pietracci sold 111,365 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $90.93, for a total transaction of $10,126,419.45. Following the transaction, the insider owned 41,365 shares in the company, valued at approximately $3,761,319.45. This trade represents a 72.92% 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 three months, insiders sold 926,620 shares of company stock worth $83,075,714. Corporate insiders own 0.90% of the company’s stock.

CocaCola Price Performance

Shares of KO opened at $88.38 on Wednesday. The firm has a market capitalization of $380.27 billion, a price-to-earnings ratio of 26.54, a PEG ratio of 3.43 and a beta of 0.34. The firm’s fifty day simple moving average is $86.35 and its 200-day simple moving average is $81.32. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $92.49. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97.

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

CocaCola Announces Dividend

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

Wall Street Analysts Forecast Growth

KO has been the subject of a number of research reports. Sanford C. Bernstein restated a “market perform” rating and issued a $93.00 price objective on shares of CocaCola in a report on Wednesday, July 29th. UBS Group set a $104.00 price target on shares of CocaCola and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Evercore reaffirmed an “outperform” rating and set a $100.00 price objective on shares of CocaCola in a research report on Tuesday, July 28th. Citigroup increased their price objective on CocaCola from $97.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Finally, JPMorgan Chase & Co. boosted their target price on CocaCola from $90.00 to $96.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $95.76.

CocaCola Company Profile

The Coca-Cola Company (NYSE: KO) is a global beverage company best known for its Coca-Cola soft drink, which was first introduced in 1886. The company was incorporated in 1892 and has grown into one of the world’s largest beverage businesses.

Its portfolio includes sparkling soft drinks such as Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite and Fanta, along with water, sports drinks, coffee, tea, juice and dairy-based beverages. Other brands associated with the company include Dasani, smartwater, Powerade, Minute Maid, Simply, Costa Coffee, fairlife and Topo Chico.

The Coca-Cola Company primarily develops, owns and markets beverage brands, while relying on a global network of independent bottling partners and distributors to manufacture, package and deliver many of its products.