Gateway Investment Advisers LLC Reduces Stake in CocaCola Company (The) $KO

Gateway Investment Advisers LLC lowered its position in CocaCola Company (The) (NYSE:KO) by 5.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 145,785 shares of the company’s stock after selling 8,670 shares during the quarter. Gateway Investment Advisers LLC’s holdings in CocaCola were worth $11,848,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in KO. Everpar Advisors LLC increased its position in shares of CocaCola by 0.9% during the 2nd quarter. Everpar Advisors LLC now owns 14,504 shares of the company’s stock worth $1,179,000 after purchasing an additional 125 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of CocaCola by 0.3% in the first quarter. Geneos Wealth Management Inc. now owns 40,879 shares of the company’s stock valued at $3,109,000 after purchasing an additional 129 shares in the last quarter. HORAN Wealth LLC increased its position in shares of CocaCola by 3.9% during the first quarter. HORAN Wealth LLC now owns 3,458 shares of the company’s stock worth $263,000 after acquiring an additional 130 shares during the period. Wills Financial Group LLC increased its holdings in CocaCola by 1.3% during the 1st quarter. Wills Financial Group LLC now owns 10,170 shares of the company’s stock worth $816,000 after purchasing an additional 133 shares during the period. Finally, Beacon Financial Advisory LLC increased its stake in shares of CocaCola by 0.5% during the first quarter. Beacon Financial Advisory LLC now owns 26,844 shares of the company’s stock worth $2,041,000 after buying an additional 136 shares during the period. Institutional investors and hedge funds own 70.26% of the company’s stock.

Insider Buying and Selling

In other CocaCola news, CFO John Murphy sold 152,483 shares of CocaCola stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $87.31, for a total value of $13,313,290.73. Following the completion of the sale, the chief financial officer owned 279,917 shares in the company, valued at $24,439,553.27. The trade was a 35.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Jennifer K. Mann sold 100,000 shares of CocaCola stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $79.46, for a total value of $7,946,000.00. Following the completion of the sale, the executive vice president owned 181,384 shares of the company’s stock, valued at $14,412,772.64. This trade represents a 35.54% 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. Insiders sold a total of 1,433,535 shares of company stock worth $121,922,698 in the last three months. 0.90% of the stock is currently owned by insiders.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Strong earnings underpin investor confidence: Coca-Cola’s latest quarter exceeded expectations, with EPS of $0.97 versus the $0.93 consensus and revenue of $13.37 billion versus $13.17 billion expected. Revenue increased 6.2% year over year, while full-year 2026 guidance remains $3.27–$3.30 in EPS. The debates that matter for KO stock
• Positive Sentiment: Profit estimates are moving higher: Zacks Research raised its FY2026 EPS forecast to $3.29 from $3.26, FY2027 to $3.51 from $3.47 and FY2028 to $3.74 from $3.71. Several quarterly estimates were also increased, suggesting analysts see continued earnings momentum. Coca-Cola analyst estimates
• Positive Sentiment: Defensive and dividend characteristics remain attractive: Coca-Cola’s globally recognized brands, approximately 2.4% dividend yield and long dividend-growth record make KO appealing to income-oriented investors seeking stability while markets become less certain. Its long-standing Berkshire Hathaway holding also reinforces the stock’s “buy and hold” reputation. Warren Buffett stocks to buy and hold
• Neutral Sentiment: Investors are monitoring consumer pressure: Articles focus on gasoline prices, inflation data and their potential effect on household spending. Coca-Cola’s affordable beverage portfolio may prove relatively resilient, although sustained cost-of-living pressure could affect volumes or product mix. Coca-Cola and gasoline prices
• Neutral Sentiment: International bottler updates have limited direct impact: Coca-Cola İçecek’s disclosures about its regional bottling network and debt redemption relate primarily to the separate bottler, COLZF, rather than directly to KO. Coca-Cola Icecek bottling network
• Negative Sentiment: Valuation creates downside risk: After its recent rally, KO trades near 26 times earnings. Analysts are debating whether the premium is justified by Coca-Cola’s growth and margin performance, leaving less room for disappointment. Coca-Cola valuation analysis
• Negative Sentiment: Insider selling may weigh modestly on sentiment: Insider Sanket Ray sold 9,958 shares for about $861,000, reducing his direct holding by 13.8%. The transaction is not necessarily a fundamental warning, but it could attract attention at elevated share-price levels. Coca-Cola insider sale

Analysts Set New Price Targets

KO has been the topic of a number of analyst reports. Citigroup raised their price target on CocaCola from $97.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of CocaCola in a report on Friday, July 31st. Truist Financial set a $88.00 price objective on CocaCola in a research note on Friday, June 26th. Bank of America upped their price objective on shares of CocaCola from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Finally, Evercore reissued an “outperform” rating and issued a $100.00 price target on shares of CocaCola in a report on Tuesday, July 28th. Fifteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $95.76.

CocaCola Stock Up 1.0%

Shares of NYSE:KO opened at $87.57 on Friday. The company has a market capitalization of $376.77 billion, a P/E ratio of 26.30, a P/E/G ratio of 3.03 and a beta of 0.33. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. The stock’s fifty day simple moving average is $83.35 and its 200-day simple moving average is $79.75. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $90.92.

CocaCola (NYSE:KO) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The business had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, equities research analysts forecast that CocaCola Company will post 3.29 earnings per share for the current fiscal year.

CocaCola Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola’s payout ratio is presently 63.66%.

About CocaCola

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.