Nixon Peabody Trust Co. Reduces Position in CocaCola Company (The) $KO

Nixon Peabody Trust Co. decreased its holdings in shares of CocaCola Company (The) (NYSE:KO) by 6.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 176,914 shares of the company’s stock after selling 11,547 shares during the period. Nixon Peabody Trust Co.’s holdings in CocaCola were worth $13,454,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Evolution Wealth Management Inc. lifted its position in CocaCola by 90.8% during the first quarter. Evolution Wealth Management Inc. now owns 744 shares of the company’s stock valued at $57,000 after purchasing an additional 354 shares in the last quarter. QRG Capital Management Inc. increased its position in CocaCola by 20.2% in the first quarter. QRG Capital Management Inc. now owns 457,348 shares of the company’s stock worth $34,781,000 after buying an additional 76,998 shares in the last quarter. HB Wealth Management LLC increased its position in CocaCola by 4.9% in the first quarter. HB Wealth Management LLC now owns 629,106 shares of the company’s stock worth $47,844,000 after buying an additional 29,336 shares in the last quarter. Moran Wealth Management LLC increased its position in CocaCola by 3.2% in the first quarter. Moran Wealth Management LLC now owns 50,454 shares of the company’s stock worth $3,837,000 after buying an additional 1,571 shares in the last quarter. Finally, Investors Asset Management of Georgia Inc. GA ADV raised its stake in shares of CocaCola by 1.1% in the first quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 37,144 shares of the company’s stock worth $2,825,000 after buying an additional 420 shares during the period. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: 24/7 Wall St. says Coca-Cola’s fourth straight earnings beat, strong momentum, and defensive positioning could support a move toward a new high, with an implied upside target of $91.13. Price Prediction: Coca-Cola’s Fourth Consecutive Earnings Beat Sets Up a Run Toward a New High
• Positive Sentiment: Zacks noted KO hit a 52-week high as resilient demand, market share gains, and strong execution continue to fuel momentum. Coca-Cola Stock Hits 52-Week High: Time to Buy or Wait for Now?
• Positive Sentiment: Several outlets pointed to Coca-Cola as a favored blue-chip and dividend stock, reinforcing investor interest in its earnings strength and income profile. Dow Records Best 1H Performance Since 2021: 5 Top Picks for 2H 2026
• Neutral Sentiment: Some coverage focused on whether analysts’ bullish ratings and dividend appeal make KO a good long-term holding, but these pieces did not add fresh company-specific catalysts. Coca-Cola (KO) Is Considered a Good Investment by Brokers: Is That True?
• Neutral Sentiment: Articles about dividend investing and whether to buy before earnings mainly reiterated Coca-Cola’s steady growth and income characteristics rather than introducing new news. Should Dividend Stock Investors Buy Coca-Cola Stock Before Earnings?

Insider Transactions at CocaCola

In other CocaCola news, EVP Nancy Quan sold 31,625 shares of CocaCola stock in a transaction on Friday, May 15th. The shares were sold at an average price of $80.93, for a total value of $2,559,411.25. Following the sale, the executive vice president directly owned 223,330 shares in the company, valued at approximately $18,074,096.90. The trade was a 12.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman James Quincey sold 436,296 shares of the business’s stock in a transaction on 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 owned 122,833 shares in the company, valued at approximately $9,842,608.29. The trade was a 78.03% decrease in their position. The SEC filing for this sale provides additional information. 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. 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 corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on KO. Sanford C. Bernstein began coverage on CocaCola in a research note on Thursday, June 11th. They set a “market perform” rating and a $84.00 price objective for the company. Citigroup raised their target price on shares of CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Piper Sandler reaffirmed an “overweight” rating on shares of CocaCola in a report on Friday, June 26th. Weiss Ratings upgraded shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, May 4th. Finally, Morgan Stanley set a $89.00 price target on shares of CocaCola in a research report on Wednesday, June 10th. Fifteen investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, CocaCola currently has a consensus rating of “Moderate Buy” and an average price target of $86.88.

CocaCola Price Performance

Shares of CocaCola stock opened at $83.93 on Friday. The company has a market capitalization of $361.11 billion, a price-to-earnings ratio of 26.39, a PEG ratio of 3.36 and a beta of 0.34. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09. The stock’s 50-day simple moving average is $80.18 and its 200-day simple moving average is $76.72. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $84.14.

CocaCola (NYSE:KO) last released its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.05. The firm had revenue of $12.47 billion during the quarter, compared to analysts’ expectations of $12.24 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The firm’s revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the business posted $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, analysts expect that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th were issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Monday, June 15th. CocaCola’s dividend payout ratio (DPR) is 66.67%.

CocaCola 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.