Chesley Taft & Associates LLC Sells 5,971 Shares of CocaCola Company (The) $KO

Chesley Taft & Associates LLC reduced its position in shares of CocaCola Company (The) (NYSE:KO) by 2.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 267,641 shares of the company’s stock after selling 5,971 shares during the period. Chesley Taft & Associates LLC’s holdings in CocaCola were worth $21,751,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of KO. Trust Point Inc. raised its position in CocaCola by 33.8% in the 2nd quarter. Trust Point Inc. now owns 25,319 shares of the company’s stock valued at $2,058,000 after buying an additional 6,397 shares during the last quarter. Aurora Investment Managers LLC. acquired a new position in CocaCola during the 2nd quarter worth approximately $353,000. Community Trust & Investment Co. boosted its position in CocaCola by 1.5% during the 2nd quarter. Community Trust & Investment Co. now owns 49,147 shares of the company’s stock worth $3,994,000 after acquiring an additional 732 shares during the last quarter. Wynn Capital LLC boosted its position in CocaCola by 1.8% during the 2nd quarter. Wynn Capital LLC now owns 21,807 shares of the company’s stock worth $1,772,000 after acquiring an additional 383 shares during the last quarter. Finally, Praetorian Wealth Management Inc. bought a new position in shares of CocaCola during the 2nd quarter worth approximately $2,083,000. 70.26% of the stock is currently owned by institutional investors.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola is highlighted as a leading beverage-industry company, with brand strength and global distribution positioning it to benefit from continued demand and industry innovation. Zacks Industry Outlook The Coca-Cola, Monster, Fomento, Primo and The Vita Coco
• Positive Sentiment: Analysts and market commentary point to steady beverage demand, volume growth, margin improvement and a stronger cash-flow outlook as reasons Coca-Cola remains attractive among consumer-staples stocks. Coca-Cola Draws Focus As Beverage Demand Steadies Today
• Positive Sentiment: Emerging-market momentum and Coca-Cola’s affordability strategy may cushion weaker U.S. demand. Global growth is also cited as a support for the company’s raised 2026 outlook. Will Coca-Cola’s Emerging Market Expansion Offset U.S. Slowdown?
• Positive Sentiment: Coca-Cola’s long dividend-growth record continues to appeal to income-focused investors, although maintaining the payout depends on sustained earnings and cash-flow growth. Can Coca-Cola Keep Its Steady Payout Streak Intact This Year?
• Neutral Sentiment: Recent analyst coverage examines Coca-Cola’s target price and compares it with other major companies, suggesting investor sentiment remains constructive but dependent on valuation and future execution. What are Wall Street Analysts’ Target Price for Coca-Cola Stock?
• Negative Sentiment: After a roughly 24% gain in 2026, Coca-Cola is trading near a record high, leaving less room for disappointment. Its premium valuation could limit additional upside if growth slows. Up 24% in 2026, Is Coca-Cola a Buy Near an All-Time High?

CocaCola Trading Up 0.2%

Shares of CocaCola stock opened at $87.06 on Friday. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $90.92. The stock has a market cap of $374.58 billion, a P/E ratio of 26.14, a P/E/G ratio of 3.04 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 business’s 50 day moving average is $82.66 and its 200-day moving average is $79.27.

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

CocaCola Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given 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 (DPR) is 63.66%.

Analyst Ratings Changes

A number of analysts have recently issued reports on KO shares. HSBC downgraded shares of CocaCola from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. TD Cowen raised their target price on shares of CocaCola from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $93.00 price target on shares of CocaCola in a research note on Wednesday, July 29th. Weiss Ratings reissued a “buy (b+)” rating on shares of CocaCola in a research report on Friday, July 31st. Finally, Piper Sandler boosted their price target on shares of CocaCola from $88.00 to $95.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Fifteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, CocaCola has an average rating of “Moderate Buy” and an average target price of $95.76.

Insider Buying and Selling

In other news, EVP Jennifer K. Mann sold 100,000 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $79.46, for a total transaction of $7,946,000.00. Following the transaction, the executive vice president directly owned 181,384 shares in the company, valued at $14,412,772.64. The trade was a 35.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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. Also, insider Bruno Pietracci sold 75,727 shares of the company’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $89.65, for a total transaction of $6,788,925.55. Following the completion of the sale, the insider directly owned 35,393 shares in the company, valued at approximately $3,172,982.45. The trade was a 68.15% decrease in their ownership of the stock. 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. Over the last quarter, insiders have sold 1,455,202 shares of company stock worth $123,620,742. Corporate insiders own 0.90% of the company’s stock.

CocaCola Company 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.