Arizona State Retirement System Has $87.36 Million Stake in CocaCola Company (The) $KO

Arizona State Retirement System reduced its stake in shares of CocaCola Company (The) (NYSE:KO) by 4.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,074,888 shares of the company’s stock after selling 45,027 shares during the quarter. Arizona State Retirement System’s holdings in CocaCola were worth $87,356,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. California State Teachers Retirement System lifted its position in CocaCola by 7,365.2% in the 2nd quarter. California State Teachers Retirement System now owns 487,509,960 shares of the company’s stock worth $39,619,934,000 after buying an additional 480,979,487 shares in the last quarter. Norges Bank purchased a new position in shares of CocaCola during the 4th quarter valued at $3,865,807,000. Cardano Risk Management B.V. increased its stake in shares of CocaCola by 867.2% in the fourth quarter. Cardano Risk Management B.V. now owns 14,432,190 shares of the company’s stock worth $1,008,954,000 after acquiring an additional 12,939,959 shares during the last quarter. Marshall Wace LLP increased its stake in shares of CocaCola by 1,206.9% in the fourth quarter. Marshall Wace LLP now owns 10,641,007 shares of the company’s stock worth $743,913,000 after acquiring an additional 9,826,768 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of CocaCola by 29.2% during the fourth quarter. Bank of America Corp DE now owns 40,182,323 shares of the company’s stock worth $2,809,146,000 after acquiring an additional 9,078,447 shares in the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on KO shares. Morgan Stanley reissued an “overweight” rating and set a $100.00 price objective (up from $89.00) on shares of CocaCola in a research report on Wednesday, July 29th. Evercore reaffirmed an “outperform” rating and set a $100.00 price target on shares of CocaCola in a research note on Tuesday, July 28th. TD Cowen lifted their price target on CocaCola from $90.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Weiss Ratings raised CocaCola from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Thursday. Finally, Wells Fargo & Company lifted their target price on shares of CocaCola from $90.00 to $95.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $95.76.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola’s premiumization strategy is expanding sales through higher-priced products, varied packaging and brand strength, while maintaining lower-priced options to preserve affordability. The strategy could support revenue and margins, although execution remains important. Coca-Cola’s Premiumization Push: Smart Strategy or Risky Move?
• Positive Sentiment: Analysts and market commentators point to two return drivers for KO: business growth and shareholder distributions, including dividends and potential compounding from reinvestment. This helps explain the stock’s strong 2026 performance. Why Coca-Cola Is Outperforming
• Positive Sentiment: Coca-Cola is being highlighted as a pricing-power stock that may offer defensive protection against inflation and a weaker U.S. dollar. Its global brand portfolio and ability to adjust prices remain key investor attractions. Safety Stocks Built for a Weaker Dollar
• Positive Sentiment: KO is featured among dividend-focused alternatives to JEPI, emphasizing Coca-Cola’s long-term income appeal without the same potential limits on capital appreciation. Dividend Stocks Versus JEPI
• Neutral Sentiment: Recent comparisons portray Coca-Cola as the strongest-performing defensive consumer stock in 2026, but the stock’s roughly 26% gain and valuation near 26.5 times earnings raise questions about how much optimism is already reflected. Is Coca-Cola a Buy Near an All-Time High?
• Neutral Sentiment: News of former Coca-Cola executive Brian Dyson’s death is historically notable because of his role during the New Coke episode, but it has no apparent effect on KO’s current fundamentals. Brian Dyson Dies at Age 90
• Neutral Sentiment: Announcements concerning Coca-Cola İçecek’s regional subsidiaries and approval to issue up to $1 billion of overseas debt relate primarily to the bottling partner, not directly to KO. The funding could support expansion but also increases leverage considerations. Coca-Cola Icecek Debt Issuance

Insider Activity at CocaCola

In other CocaCola news, EVP Jennifer Mann sold 23,984 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $83.41, for a total transaction of $2,000,505.44. Following the transaction, the executive vice president owned 157,400 shares in the company, valued at $13,128,734. This trade represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman James Quincey sold 381,140 shares of the business’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $90.04, for a total transaction of $34,317,845.60. Following the completion of the sale, the chairman owned 122,833 shares of the company’s stock, valued at $11,059,883.32. The trade was a 75.63% 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 90 days, insiders have sold 950,604 shares of company stock valued at $85,076,219. 0.90% of the stock is owned by company insiders.

CocaCola Stock Up 0.4%

NYSE KO traded up $0.31 during trading on Tuesday, hitting $88.38. 19,405,566 shares of the company traded hands, compared to its average volume of 17,077,551. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $92.49. The business has a fifty day simple moving average of $86.20 and a 200 day simple moving average of $81.26. The company has a market capitalization of $380.27 billion, a P/E ratio of 26.54, a PEG ratio of 3.43 and a beta of 0.34. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97.

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

CocaCola Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders 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 dividend on an annualized basis and a yield of 2.4%. CocaCola’s dividend payout ratio is presently 63.66%.

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.