The Manufacturers Life Insurance Company Cuts Stake in Coca-Cola Europacific Partners $CCEP

The Manufacturers Life Insurance Company lessened its position in Coca-Cola Europacific Partners (NASDAQ:CCEP) by 15.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 65,061 shares of the company’s stock after selling 12,118 shares during the period. The Manufacturers Life Insurance Company’s holdings in Coca-Cola Europacific Partners were worth $5,899,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. M&T Bank Corp raised its stake in shares of Coca-Cola Europacific Partners by 298.4% during the 4th quarter. M&T Bank Corp now owns 25,603 shares of the company’s stock worth $2,322,000 after buying an additional 19,176 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Coca-Cola Europacific Partners by 17.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 144,681 shares of the company’s stock worth $13,123,000 after buying an additional 21,587 shares during the last quarter. SEB Asset Management AB purchased a new stake in shares of Coca-Cola Europacific Partners in the first quarter valued at about $6,759,000. Arrowstreet Capital Limited Partnership lifted its stake in Coca-Cola Europacific Partners by 157.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 493,118 shares of the company’s stock valued at $44,715,000 after buying an additional 301,910 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its holdings in Coca-Cola Europacific Partners by 0.7% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 5,873,922 shares of the company’s stock valued at $532,765,000 after buying an additional 38,339 shares during the last quarter. Hedge funds and other institutional investors own 31.35% of the company’s stock.

Key Coca-Cola Europacific Partners News

Here are the key news stories impacting Coca-Cola Europacific Partners this week:

• Positive Sentiment: CCEP reported a strong first half, with revenue rising 6.1% to approximately €10.7 billion, operating profit increasing 8.1% to about €1.5 billion, and diluted EPS climbing 10.6% to roughly €2.20. The results reportedly exceeded first-half forecasts. Coca-Cola Europacific Partners posts strong H1 2026 and reaffirms guidance
• Positive Sentiment: Wells Fargo raised its price target for CCEP to $120, signaling additional potential upside and reinforcing the view that the company’s earnings performance remains solid. Wells Fargo raises Coca-Cola Europacific Partners price target
• Neutral Sentiment: Management reaffirmed its full-year 2026 targets, including approximately 3%–4% revenue growth, about 7% operating-profit growth and comparable free cash flow of at least €1.7 billion. Reaffirmation provides stability but was not an upgrade that could have driven a stronger rally. CCEP 2026 Q2 results presentation
• Negative Sentiment: Investors are weighing a tougher second half, including six fewer selling days, a more difficult comparison base and greater exposure to commodity and geopolitical cost pressures. Those factors may constrain margins and explain the muted initial reaction despite the strong H1 performance. CCEP falls as investors weigh results and outlook
• Negative Sentiment: The shares had reached a record high before the interim results, prompting profit-taking after the announcement even though earnings and profit were higher year over year. Coca-Cola Europacific shares lose fizz after interim results

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CCEP. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Coca-Cola Europacific Partners in a report on Thursday, July 2nd. Wells Fargo & Company lifted their price objective on Coca-Cola Europacific Partners from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Monday. UBS Group boosted their target price on shares of Coca-Cola Europacific Partners from $107.00 to $109.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Weiss Ratings lowered shares of Coca-Cola Europacific Partners from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 18th. Finally, Barclays raised their price target on shares of Coca-Cola Europacific Partners from $108.00 to $114.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 21st. Eight equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Coca-Cola Europacific Partners currently has a consensus rating of “Moderate Buy” and a consensus target price of $108.22.

Coca-Cola Europacific Partners Stock Performance

CCEP stock opened at $108.58 on Thursday. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.80 and a quick ratio of 0.60. The stock has a 50-day moving average price of $101.86 and a two-hundred day moving average price of $98.27. Coca-Cola Europacific Partners has a 12-month low of $84.65 and a 12-month high of $113.67.

About Coca-Cola Europacific Partners

Coca-Cola Europacific Partners is a major independent bottler and distributor of nonalcoholic ready-to-drink beverages, operating under a long-standing franchise relationship with The Coca-Cola Company. The business manufactures, bottles, sells and delivers a broad portfolio of global and local beverage brands, including still and sparkling soft drinks, waters, juices, sports drinks and ready-to-drink teas and coffees. Its activities encompass production, packaging, marketing and route-to-market distribution for retail, foodservice, convenience and vending customers.

The company was created through the combination of Coca-Cola European Partners and Coca-Cola Amatil in 2021, bringing together beverage operations across Europe and the Asia-Pacific region.