Kestra Advisory Services LLC Raises Stock Holdings in CocaCola Company (The) $KO

Kestra Advisory Services LLC increased its stake in CocaCola Company (The) (NYSE:KO) by 9.6% during the 1st quarter, Holdings Channel reports. The firm owned 652,315 shares of the company’s stock after purchasing an additional 57,149 shares during the quarter. Kestra Advisory Services LLC’s holdings in CocaCola were worth $49,609,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. grew its stake in 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 buying an additional 5,886,352 shares in the last quarter. State Street Corp raised its position in shares of CocaCola by 1.2% during the 4th quarter. State Street Corp now owns 167,850,330 shares of the company’s stock valued at $11,734,417,000 after buying an additional 1,992,327 shares in the last quarter. Geode Capital Management LLC raised its position in shares of CocaCola by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company’s stock valued at $6,273,037,000 after buying an additional 433,547 shares in the last quarter. Norges Bank bought a new stake in shares of CocaCola during the 4th quarter worth $3,865,807,000. Finally, Franklin Resources Inc. lifted its holdings in shares of CocaCola by 3.1% during the 4th quarter. Franklin Resources Inc. now owns 40,289,857 shares of the company’s stock worth $2,816,697,000 after acquiring an additional 1,195,581 shares during the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors.

Key CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola announced a global strategic beverage partnership with Marriott International, making KO Marriott’s primary beverage provider across guestrooms, restaurants, lounges, and events. The phased worldwide rollout could expand Coca-Cola’s reach in the hospitality channel and support sales for its broader beverage portfolio. Article Title
• Positive Sentiment: Separate coverage highlighted the Marriott deal as potentially “game changing” for Coca-Cola, reinforcing investor optimism that the new distribution agreement could become a meaningful growth driver over time. Article Title
• Neutral Sentiment: Several articles focused on Coca-Cola’s long-term appeal and steady compounding profile, which supports the stock’s defensive reputation but does not point to an immediate catalyst. Article Title
• Neutral Sentiment: Some commentary questioned whether KO has become expensive after its recent run, which could temper upside as investors weigh valuation against Coca-Cola’s stable fundamentals. Article Title
• Negative Sentiment: Despite the broader market moving higher, Coca-Cola was cited as closing lower in the latest session, suggesting some near-term profit-taking or cautious sentiment around the stock. Article Title

Insider Activity

In other CocaCola news, Chairman James Quincey sold 436,296 shares of CocaCola stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $80.13, for a total value of $34,960,398.48. Following the transaction, the chairman directly owned 122,833 shares of the company’s stock, valued at $9,842,608.29. The trade was a 78.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 Jennifer K. Mann sold 23,984 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $83.41, for a total value of $2,000,505.44. Following the completion of the sale, the executive vice president owned 157,400 shares of the company’s stock, valued at $13,128,734. The trade was a 13.22% 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. In the last quarter, insiders sold 899,905 shares of company stock valued at $71,832,315. Insiders own 0.90% of the company’s stock.

CocaCola Price Performance

KO stock opened at $82.50 on Friday. The firm has a market cap of $354.93 billion, a P/E ratio of 25.94, a P/E/G ratio of 3.33 and a beta of 0.34. The firm’s fifty day moving average is $80.70 and its 200 day moving average is $77.12. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $85.68. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36.

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

CocaCola Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th were paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, June 15th. CocaCola’s payout ratio is 66.67%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on KO. Citigroup upped their target price on shares of CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Weiss Ratings raised CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 4th. TD Cowen upped their price objective on CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Sanford C. Bernstein set a $83.00 price objective on CocaCola in a research report on Thursday. Finally, JPMorgan Chase & Co. increased their price objective on CocaCola from $83.00 to $85.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Fifteen investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $86.81.

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.