CocaCola Company (The) $KO Stock Holdings Increased by Wesbanco Bank Inc.

Wesbanco Bank Inc. lifted its position in CocaCola Company (The) (NYSE:KO) by 2.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 415,357 shares of the company’s stock after buying an additional 10,197 shares during the period. CocaCola makes up 0.8% of Wesbanco Bank Inc.’s holdings, making the stock its 24th largest position. Wesbanco Bank Inc.’s holdings in CocaCola were worth $29,038,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of CocaCola by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company’s stock worth $26,200,276,000 after acquiring an additional 5,886,352 shares during the last quarter. State Street Corp grew its holdings in shares of CocaCola by 0.6% during the third quarter. State Street Corp now owns 165,858,003 shares of the company’s stock valued at $11,083,296,000 after buying an additional 923,278 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of CocaCola by 15.1% during the third quarter. Franklin Resources Inc. now owns 39,094,276 shares of the company’s stock valued at $2,592,732,000 after buying an additional 5,135,198 shares in the last quarter. Legal & General Group Plc boosted its position in CocaCola by 2.8% during the third quarter. Legal & General Group Plc now owns 28,051,787 shares of the company’s stock valued at $1,860,395,000 after purchasing an additional 770,235 shares during the last quarter. Finally, Invesco Ltd. boosted its position in CocaCola by 5.5% during the third quarter. Invesco Ltd. now owns 26,721,843 shares of the company’s stock valued at $1,772,193,000 after purchasing an additional 1,393,760 shares during the last quarter. 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: Zacks Research lifted its FY2026 EPS estimate to $3.26, matching consensus and signaling confidence in Coca-Cola’s near-term earnings power.
• Positive Sentiment: Zacks also raised Q3 2026, Q2 2027, and Q3 2027 earnings forecasts, while Erste Group Bank increased its FY2026 and FY2027 EPS estimates, reinforcing a favorable outlook for profit growth.
• Neutral Sentiment: Recent commentary about Coca-Cola’s quality rank and strong Q1 operational efficiency highlights solid fundamentals, but it does not appear to introduce a new catalyst for the stock.
• Negative Sentiment: Zacks reduced its FY2028 EPS estimate slightly, suggesting a bit less optimism farther out in the forecast period.

Insider Buying and Selling

In related news, insider Bruno Pietracci sold 28,765 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $79.41, for a total transaction of $2,284,228.65. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Monica Howard Douglas sold 23,880 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $77.37, for a total value of $1,847,595.60. Following the sale, the executive vice president directly owned 17,725 shares in the company, valued at $1,371,383.25. The trade was a 57.40% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 555,101 shares of company stock worth $44,208,566 over the last 90 days. 0.90% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. UBS Group lifted their price objective on CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Citigroup boosted their price objective on CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Jefferies Financial Group boosted their price target on CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research note on Monday, March 16th. JPMorgan Chase & Co. boosted their price target on CocaCola from $83.00 to $85.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Finally, Wells Fargo & Company upped their price objective on CocaCola from $79.00 to $87.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Fifteen equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $86.27.

CocaCola Stock Down 0.0%

Shares of KO opened at $78.40 on Friday. The firm has a market capitalization of $337.32 billion, a price-to-earnings ratio of 24.65, a PEG ratio of 3.13 and a beta of 0.35. 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 business’s fifty day moving average price is $77.03 and its two-hundred day moving average price is $73.84. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $82.00.

CocaCola (NYSE:KO) last announced 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. The firm had revenue of $12.47 billion for the quarter, compared to analyst estimates of $12.24 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The business’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period last year, the company earned $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, analysts predict that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Dividend Announcement

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

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.