Stonebridge Capital Management Inc. Decreases Stake in CocaCola Company (The) $KO

Stonebridge Capital Management Inc. lessened its position in shares of CocaCola Company (The) (NYSE:KO) by 15.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 60,741 shares of the company’s stock after selling 11,320 shares during the period. CocaCola comprises 2.4% of Stonebridge Capital Management Inc.’s investment portfolio, making the stock its 14th biggest holding. Stonebridge Capital Management Inc.’s holdings in CocaCola were worth $4,936,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in KO. Brighton Jones LLC increased its position in shares of 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 in the last quarter. Revolve Wealth Partners LLC grew its holdings in CocaCola by 3.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock worth $548,000 after acquiring an additional 293 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in shares of CocaCola in the 1st quarter valued at about $210,000. Jump Financial LLC lifted its position in shares of CocaCola by 450.5% during the 2nd quarter. Jump Financial LLC now owns 39,583 shares of the company’s stock valued at $2,800,000 after acquiring an additional 32,392 shares during the period. 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 purchasing an additional 899 shares in the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

CocaCola Stock Performance

NYSE:KO opened at $90.07 on Thursday. The company has a market cap of $387.53 billion, a P/E ratio of 27.05, a P/E/G ratio of 3.20 and a beta of 0.33. The firm’s 50 day moving average is $84.93 and its two-hundred day moving average is $80.69. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $92.49. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97.

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

CocaCola Dividend Announcement

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

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola launched a new Fanta Halloween campaign aimed at making the brand a larger part of seasonal consumer spending. The initiative could support marketing engagement and incremental sales, although its near-term financial impact is uncertain. Coca-Cola launches the Fanta Halloween campaign
• Positive Sentiment: Analyst coverage remains generally favorable, with Coca-Cola carrying an average “Moderate Buy” rating. Recent quarterly earnings beats, global brand strength and full-year 2026 EPS guidance of $3.27-$3.30 continue to support the growth-compounder narrative. Coca-Cola receives Moderate Buy recommendation
• Neutral Sentiment: Coca-Cola’s quarterly dividend remains an important part of the investment case, with a declared payment of $0.53 per share and an annualized yield of about 2.3%. However, higher bond yields may make income-oriented investors less willing to pay a premium for defensive dividend stocks. 5 Blue-Chip Dividend Stocks to Buy
• Negative Sentiment: The 30-year Treasury yield has risen above 5.2%, increasing competition for Coca-Cola’s dividend and potentially pressuring the valuation of this low-beta, defensive stock. 30-Year Treasury yield rises above Coca-Cola yield
• Negative Sentiment: Recent market commentary says Coca-Cola is declining more than the broader market, while comparisons with PepsiCo highlight concerns about relative growth and performance. With KO trading at roughly 27 times earnings and after a strong rally, investors may be taking profits or demanding faster growth. Coca-Cola declines more than the market

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. UBS Group set a $104.00 target price on CocaCola and gave the company a “buy” rating in a report on Wednesday, July 29th. Morgan Stanley reissued an “overweight” rating and issued a $100.00 price objective (up from $89.00) on shares of CocaCola in a research note on Wednesday, July 29th. Wells Fargo & Company raised their target price on shares of CocaCola from $90.00 to $95.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Sanford C. Bernstein restated a “market perform” rating and set a $93.00 target price on shares of CocaCola in a research report on Wednesday, July 29th. Finally, Bank of America increased their price target on shares of CocaCola from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, July 10th. 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 target price of $95.76.

Insider Activity

In other CocaCola news, insider Bruno Pietracci sold 111,365 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $90.93, for a total value of $10,126,419.45. Following the completion of the sale, the insider owned 41,365 shares of the company’s stock, valued at $3,761,319.45. This trade represents a 72.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Nancy Quan sold 50,000 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the transaction, the executive vice president directly owned 223,330 shares in the company, valued at approximately $20,186,798.70. The trade was a 18.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,594,900 shares of company stock worth $136,568,617 in the last ninety days. 0.90% of the stock is currently owned by company insiders.

CocaCola 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.