PNC Financial Services Group Inc. Acquires 359,853 Shares of CocaCola Company (The) $KO

PNC Financial Services Group Inc. boosted its stake in shares of CocaCola Company (The) (NYSE:KO) by 6.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,190,133 shares of the company’s stock after buying an additional 359,853 shares during the period. PNC Financial Services Group Inc. owned approximately 0.14% of CocaCola worth $410,530,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in CocaCola by 13.3% in the fourth quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock worth $2,433,000 after purchasing an additional 4,591 shares during the last quarter. Revolve Wealth Partners LLC grew its position in shares of CocaCola by 3.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock valued at $548,000 after purchasing an additional 293 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in CocaCola during the first quarter valued at $210,000. Empirical Asset Management LLC lifted its stake in shares of CocaCola by 2.8% in the 2nd quarter. Empirical Asset Management LLC now owns 7,917 shares of the company’s stock valued at $560,000 after purchasing an additional 212 shares during the last quarter. Finally, Nicholson Wealth Management Group LLC boosted its stake in shares of CocaCola by 4.7% during the 2nd quarter. Nicholson Wealth Management Group LLC now owns 9,341 shares of the company’s stock worth $661,000 after purchasing an additional 423 shares during the period. Hedge funds and other institutional investors own 70.26% of the company’s stock.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: UBS raised its price target to $87 and kept a Buy rating, citing stability in Coke’s core business — a supportive analyst takeaway for the shares. UBS Sees Stability in The Coca‑Cola Company’s Core Business, Raises PT to $87
• Positive Sentiment: Market reaction to the quarter included an initial uptick — headlines reported the stock trading higher after the better‑than‑expected EPS, reflecting investor focus on margin and cash generation. CocaCola (NYSE:KO) Trading Up 2.5% Following Better‑Than‑Expected Earnings
• Positive Sentiment: Zacks notes KO hit a 52‑week high, attributing strength to pricing discipline, brand power and solid Q4 results despite FX headwinds — momentum that can attract momentum and quality‑stock flows. Coca‑Cola Hits 52‑Week High: Should You Buy the Stock Now or Wait?
• Positive Sentiment: The Motley Fool included KO among two consumer‑staples picks to buy, reinforcing its appeal to yield‑and‑defensive‑oriented investors. 2 Consumer Staples Stocks to Buy in February 2026
• Neutral Sentiment: Coca‑Cola FEMSA (KOF) completed an oversubscribed Ps.10 billion bond, signaling access to cheap local financing in Latin America — relevant for regional bottler stability but indirect for KO’s US listing. Coca‑Cola FEMSA Raises Ps. 10 Billion in Oversubscribed Mexican Bond Offering
• Neutral Sentiment: Coca‑Cola Bottlers Japan reported a 2025 loss but flagged a rebound plan and governance moves (new director, reserve reclassification) — localized execution risk that’s unlikely to move KO significantly but worth monitoring for regional supply/earnings impact. Coca‑Cola Bottlers Japan Swings to 2025 Loss but Signals Earnings Rebound in 2026
• Negative Sentiment: A TipRanks piece warns that a defensive rotation has left KO “fully priced,” implying limited upside from current multiples and raising the risk of short‑term pullbacks as investors rotate into other defensives. ‘Defensive Rotation’ Leaves Coca‑Cola Stock (KO) Fully Priced, Says Analyst
• Negative Sentiment: The Motley Fool also published a cautious take suggesting alternatives they’d buy instead, highlighting concerns about valuation and a weaker revenue beat — a reminder some investors prefer higher growth or deeper discounts. Coca‑Cola Stock Is Interesting, But Here’s What I’d Buy Instead

Insider Buying and Selling

In other news, CEO James Quincey sold 337,824 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $77.10, for a total transaction of $26,046,230.40. Following the completion of the sale, the chief executive officer owned 342,546 shares in the company, valued at $26,410,296.60. This trade represents a 49.65% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Nancy Quan sold 31,625 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $71.17, for a total value of $2,250,751.25. Following the completion of the transaction, the executive vice president owned 223,330 shares of the company’s stock, valued at $15,894,396.10. The trade was a 12.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.97% of the company’s stock.

CocaCola Stock Down 0.4%

NYSE:KO opened at $78.68 on Friday. The company’s fifty day moving average price is $72.08 and its 200-day moving average price is $70.09. The firm has a market capitalization of $338.46 billion, a P/E ratio of 25.88, a PEG ratio of 3.30 and a beta of 0.36. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $80.41. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.46 and a quick ratio of 1.00.

CocaCola (NYSE:KO) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. CocaCola had a net margin of 27.34% and a return on equity of 41.31%. The firm had revenue of $11.80 billion for the quarter, compared to the consensus estimate of $12.04 billion. During the same period in the prior year, the firm posted $0.55 earnings per share. The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. As a group, equities research analysts anticipate that CocaCola Company will post 2.96 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on KO shares. Truist Financial set a $85.00 price target on CocaCola in a research note on Wednesday. Citigroup upped their price target on shares of CocaCola from $85.00 to $87.00 and gave the stock a “buy” rating in a report on Wednesday. Weiss Ratings reiterated a “buy (b-)” rating on shares of CocaCola in a report on Thursday, January 22nd. Morgan Stanley reaffirmed an “overweight” rating and issued a $87.00 price objective on shares of CocaCola in a research note on Wednesday. Finally, UBS Group boosted their price target on shares of CocaCola from $82.00 to $87.00 and gave the company a “buy” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating and sixteen have issued a Buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $84.19.

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.