CocaCola Company (The) $KO Shares Purchased by Cidel Asset Management Inc.

Cidel Asset Management Inc. increased its position in shares of CocaCola Company (The) (NYSE:KO) by 2,091.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 361,934 shares of the company’s stock after purchasing an additional 345,417 shares during the quarter. CocaCola makes up approximately 1.4% of Cidel Asset Management Inc.’s investment portfolio, making the stock its 20th largest position. Cidel Asset Management Inc.’s holdings in CocaCola were worth $29,414,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in KO. California State Teachers Retirement System grew its holdings in shares of CocaCola by 7,365.2% during the second quarter. California State Teachers Retirement System now owns 487,509,960 shares of the company’s stock worth $39,619,934,000 after buying an additional 480,979,487 shares in the last quarter. Norges Bank purchased a new position in shares of CocaCola in the fourth quarter worth about $3,865,807,000. Cardano Risk Management B.V. boosted its position in CocaCola by 867.2% during the fourth quarter. Cardano Risk Management B.V. now owns 14,432,190 shares of the company’s stock worth $1,008,954,000 after acquiring an additional 12,939,959 shares during the last quarter. Marshall Wace LLP boosted its position in CocaCola by 1,206.9% during the fourth quarter. Marshall Wace LLP now owns 10,641,007 shares of the company’s stock worth $743,913,000 after acquiring an additional 9,826,768 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in CocaCola by 29.2% during the 4th quarter. Bank of America Corp DE now owns 40,182,323 shares of the company’s stock valued at $2,809,146,000 after acquiring an additional 9,078,447 shares in the last quarter. 70.26% of the stock is owned by institutional investors and hedge funds.

CocaCola News Summary

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

Insider Activity at CocaCola

In other news, EVP Nancy Quan sold 50,000 shares of the company’s stock in a transaction 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 transaction, the executive vice president owned 223,330 shares of the company’s stock, valued at $20,186,798.70. This represents a 18.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Sanket Ray sold 9,958 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $86.50, for a total value of $861,367.00. Following the transaction, the insider owned 62,105 shares of the company’s stock, valued at approximately $5,372,082.50. This represents a 13.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 926,620 shares of company stock valued at $83,075,714 over the last 90 days. Corporate insiders own 0.90% of the company’s stock.

CocaCola Stock Performance

NYSE:KO opened at $88.38 on Wednesday. The company’s 50-day moving average is $86.35 and its two-hundred day moving average is $81.32. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $92.49. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 1.12. 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.

CocaCola (NYSE:KO) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The business had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The business’s revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Analysts forecast that CocaCola Company will post 3.29 EPS for the current year.

CocaCola Announces Dividend

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

Analysts Set New Price Targets

A number of research firms have commented on KO. UBS Group set a $104.00 price objective on shares of CocaCola and gave the company a “buy” rating in a report on Wednesday, July 29th. Evercore restated an “outperform” rating and set a $100.00 target price on shares of CocaCola in a report on Tuesday, July 28th. Weiss Ratings upgraded CocaCola from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Thursday, September 3rd. Truist Financial set a $88.00 price target on CocaCola in a report on Friday, June 26th. Finally, Citigroup lifted their price objective on CocaCola from $97.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $95.76.

About CocaCola

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.