Providence First Trust Co Has $575,000 Holdings in CocaCola Company (The) $KO

Providence First Trust Co decreased its stake in CocaCola Company (The) (NYSE:KO) by 54.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 8,230 shares of the company’s stock after selling 9,850 shares during the quarter. Providence First Trust Co’s holdings in CocaCola were worth $575,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in CocaCola by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company’s stock valued at $26,200,276,000 after purchasing an additional 5,886,352 shares during the period. State Street Corp lifted its holdings in shares of CocaCola by 0.6% during the 3rd quarter. State Street Corp now owns 165,858,003 shares of the company’s stock worth $11,083,296,000 after acquiring an additional 923,278 shares during the period. Franklin Resources Inc. lifted its holdings in shares of CocaCola by 15.1% during the 3rd quarter. Franklin Resources Inc. now owns 39,094,276 shares of the company’s stock worth $2,592,732,000 after acquiring an additional 5,135,198 shares during the period. Legal & General Group Plc lifted its holdings in shares of CocaCola by 2.8% during the 3rd quarter. Legal & General Group Plc now owns 28,051,787 shares of the company’s stock worth $1,860,395,000 after acquiring an additional 770,235 shares during the period. Finally, Invesco Ltd. lifted its holdings in shares of CocaCola by 5.5% during the 3rd quarter. Invesco Ltd. now owns 26,721,843 shares of the company’s stock worth $1,772,193,000 after acquiring an additional 1,393,760 shares during the period. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. UBS Group raised their price objective on shares of CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Citigroup lifted their price target on shares of CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. lifted their price target on shares of CocaCola from $83.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Royal Bank Of Canada set a $87.00 price target on shares of CocaCola in a report on Wednesday, February 11th. Finally, Jefferies Financial Group lifted their price target on shares of CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a report on Monday, March 16th. Fifteen analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $86.27.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Q1 outperformance and dividend stability reinforce the investment case — coverage notes Coca‑Cola’s stronger-than-expected Q1 results and steady dividend policy, which help justify investor demand and income-oriented positioning. Is Coca‑Cola’s Strong Q1 2026 Beat and Dividend Steadiness Altering The Investment Case For Coca‑Cola (KO)?
• Positive Sentiment: Innovation pipeline seen lifting revenues — new SKUs (Cherry Float, Zero Zero, POWERADE Power Water) are cited as contributors to recent top-line momentum; execution and pricing will determine sustainability. Coca‑Cola’s Innovation Pipeline: Is it Enough to Drive Demand?
• Neutral Sentiment: Analyst Q&A highlights points investors should monitor — the earnings call produced several insightful analyst questions around growth drivers, margins and execution that could guide near-term expectations. 5 insightful analyst questions from Coca‑Cola’s Q1 earnings call
• Neutral Sentiment: Coca‑Cola Femsa (KOF) Q1 call shows mixed regional performance — bottler commentary points to Mexico as a drag, which can transmit to KO’s Latin America exposure but is more of a regional bottler risk than a corporate earnings surprise. Coca‑Cola Femsa Q1 Call: Growth, Margins, Mexico Drag
• Negative Sentiment: Valuation premium raises entry concerns — analyses argue KO trades at a premium vs. fair-value estimates, which could cap upside if growth or margin beats fade. Coca‑Cola Trades at Valuation Premium: Overvalued or Apt for Entry?
• Negative Sentiment: Competitive gap to PepsiCo highlighted — coverage comparing PEP vs KO suggests PepsiCo may be pulling ahead on certain execution and efficiency fronts, a risk for KO’s relative performance. PepsiCo vs Coca‑Cola: A Decade‑Long Fight for Dominance
• Negative Sentiment: Conflicting fair-value checks — recent writeups flag differing valuation conclusions after recent share moves, adding short-term volatility risk as investors reconcile models. Coca‑Cola (KO) Valuation Check After Recent Share Price Moves And Conflicting Fair Value Estimates

CocaCola Trading Up 0.5%

KO opened at $78.55 on Wednesday. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $82.00. The firm has a 50-day moving average price of $77.10 and a two-hundred day moving average price of $73.69. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $337.96 billion, a PE ratio of 24.70, a PEG ratio of 3.12 and a beta of 0.35.

CocaCola (NYSE:KO) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.81 by $0.05. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The company had revenue of $12.47 billion during the quarter, compared to analysts’ expectations of $12.24 billion. During the same quarter in the previous year, the company earned $0.73 EPS. CocaCola’s revenue was up 11.4% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, equities analysts anticipate that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a dividend of $0.53 per share. The ex-dividend date is Monday, June 15th. This represents a $2.12 annualized dividend and a dividend yield of 2.7%. CocaCola’s payout ratio is currently 66.67%.

Insider Activity at CocaCola

In other news, EVP Monica Howard Douglas sold 23,880 shares of CocaCola stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $77.37, for a total transaction of $1,847,595.60. Following the completion of the sale, the executive vice president owned 17,725 shares in the company, valued at $1,371,383.25. The trade was a 57.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Bruno Pietracci sold 28,765 shares of CocaCola stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.41, for a total transaction of $2,284,228.65. The SEC filing for this sale provides additional information. Insiders have sold 555,101 shares of company stock worth $44,208,566 over the last 90 days. Insiders own 0.90% of the company’s stock.

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.