Raleigh Capital Management Inc. Sells 10,202 Shares of CocaCola Company (The) $KO

Raleigh Capital Management Inc. lowered its position in shares of CocaCola Company (The) (NYSE:KO) by 55.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,038 shares of the company’s stock after selling 10,202 shares during the quarter. Raleigh Capital Management Inc.’s holdings in CocaCola were worth $653,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Brighton Jones LLC boosted its holdings in CocaCola by 13.3% during 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 CocaCola by 3.4% in 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 bought a new position in CocaCola in the first quarter valued at $210,000. Jump Financial LLC increased its stake in CocaCola by 450.5% in the 2nd quarter. Jump Financial LLC now owns 39,583 shares of the company’s stock valued at $2,800,000 after buying an additional 32,392 shares during the last quarter. Finally, Osterweis Capital Management Inc. increased its stake in CocaCola by 548.2% in the 2nd quarter. Osterweis Capital Management Inc. now owns 1,063 shares of the company’s stock valued at $75,000 after buying an additional 899 shares during the last quarter. 70.26% of the stock is owned by institutional investors.

CocaCola Stock Performance

NYSE KO opened at $87.66 on Friday. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97. The firm’s fifty day moving average price is $83.51 and its two-hundred day moving average price is $79.81. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $90.92. The firm has a market capitalization of $377.15 billion, a P/E ratio of 26.32, a price-to-earnings-growth ratio of 3.05 and a beta of 0.33.

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

CocaCola Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on KO shares. Argus increased their price objective on shares of CocaCola from $91.00 to $97.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Piper Sandler raised their price objective on CocaCola from $88.00 to $95.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $93.00 target price on shares of CocaCola in a research report on Wednesday, July 29th. Wells Fargo & Company upped their target price on CocaCola from $90.00 to $95.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Finally, Barclays increased their price target on CocaCola from $91.00 to $93.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. Fifteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $95.76.

Insiders Place Their Bets

In other CocaCola news, insider Sanket Ray sold 9,958 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $86.50, for a total transaction of $861,367.00. Following the transaction, the insider owned 62,105 shares of the company’s stock, valued at $5,372,082.50. The trade was a 13.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Jennifer K. Mann sold 23,984 shares of the company’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 in the company, valued at $13,128,734. This represents a 13.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,433,535 shares of company stock worth $121,922,698 in the last three months. Insiders own 0.90% of the company’s stock.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Raised outlook and margin gains: Coca-Cola’s improved full-year revenue and earnings guidance, expanding margins, broad-based volume growth and market-share gains reinforce confidence in its operating momentum. Coca-Cola’s Raised Guidance And Margin Gains Might Change the Case for Investing in Coca-Cola
• Positive Sentiment: Volume growth supports demand: Recent analysis points to steady global volume growth, suggesting consumers continue to purchase Coca-Cola products despite broader economic pressure. Coca-Cola in Focus as Volume Growth Anchors a Steady Picture
• Positive Sentiment: Analyst expectations remain supportive: Analysts have issued higher earnings forecasts and are preparing for third-quarter results, extending the positive reaction to the company’s latest earnings beat. Coca-Cola reported $0.97 in quarterly EPS versus a $0.93 consensus estimate, with revenue up 6.2% year over year.
• Positive Sentiment: Defensive and income appeal: Commentary continues to highlight KO as a Dividend King and a long-term Warren Buffett-backed holding. That reputation may support demand from investors seeking reliable dividends and relatively defensive consumer-staples exposure. 5 Dividend Kings to Buy and Hold Forever in August
• Neutral Sentiment: Valuation and sustainability are under debate: Investors are weighing Coca-Cola’s stronger results against whether its recent momentum can persist through the second half of the year. With the stock trading at a premium earnings multiple, further gains may depend on continued execution. The Debates That Matter for KO Stock
• Neutral Sentiment: Macro risks remain: Coverage is monitoring inflation, gasoline prices and consumer spending because higher household costs could pressure demand or reduce purchasing power. Why Is Coca-Cola in Focus as Gasoline Prices Pressure Consumers?
• Neutral Sentiment: Bottler financing news: Coca-Cola İçecek authorized management to seek up to $1 billion in overseas debt for refinancing and growth. The development concerns the regional bottler rather than Coca-Cola directly, so its immediate effect on KO is likely limited. Coca-Cola İçecek Seeks Up to USD 1 Billion in Overseas Debt

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.