CocaCola Company (The) $KO Shares Sold by Mainstay Capital Management LLC ADV

Mainstay Capital Management LLC ADV lowered its holdings in CocaCola Company (The) (NYSE:KO) by 50.2% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 16,566 shares of the company’s stock after selling 16,696 shares during the quarter. Mainstay Capital Management LLC ADV’s holdings in CocaCola were worth $1,099,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in KO. Vanguard Group Inc. boosted its holdings in CocaCola by 0.4% in the third quarter. Vanguard Group Inc. now owns 368,885,160 shares of the company’s stock valued at $24,464,464,000 after purchasing an additional 1,443,189 shares in the last quarter. State Street Corp raised its holdings in CocaCola by 0.6% during the third quarter. State Street Corp now owns 165,858,003 shares of the company’s stock worth $11,083,296,000 after purchasing an additional 923,278 shares in the last quarter. Norges Bank purchased a new stake in shares of CocaCola during the 2nd quarter worth approximately $3,846,270,000. Franklin Resources Inc. lifted its position 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 buying an additional 5,135,198 shares during the last quarter. Finally, Legal & General Group Plc boosted its holdings in shares of CocaCola by 2.8% in the 3rd quarter. Legal & General Group Plc now owns 28,051,787 shares of the company’s stock valued at $1,860,395,000 after buying an additional 770,235 shares in the last quarter. Institutional investors and hedge funds own 70.26% of the company’s stock.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Jefferies published a bullish forecast calling for strong price appreciation for KO, a direct buy‑side vote of confidence that can support the stock or limit downside after recent weakness. Jefferies Forecasts Strong Price Appreciation for CocaCola
• Positive Sentiment: Coca‑Cola secured a prominent marketing win by bringing Sprite back to the NBA via a sponsorship deal — a revenue/brand exposure positive that may help beverage sales and youth engagement over time. Coca-Cola brings Sprite back to the NBA
• Positive Sentiment: Coverage pieces and lists continue to include KO among attractive high‑yielding stocks, keeping it on investor radars for dividend income strategies. This supports demand from income‑oriented buyers. 3 No-Brainer High-Yielding Stocks to Buy
• Neutral Sentiment: Market writeups note KO trading steady within the S&P 500; this suggests moves are more about sector/market flows than company‑specific shocks. The Coca-Cola Company Steady in S&P 500 Trade Activity
• Neutral Sentiment: Comparisons and feature articles (e.g., Coca‑Cola vs. PepsiCo, and pieces highlighting other dividend stocks) provide context but are unlikely to trigger large moves unless they lead to fund flows. Coca‑Cola vs. PepsiCo
• Neutral Sentiment: Corporate community/CSR items (e.g., Coca‑Cola Scholars honored by the American Indian College Fund) are reputation positives but have limited near‑term stock impact. American Indian College Fund Honors Coca‑Cola Scholars
• Negative Sentiment: A market note highlighted that KO declined more than the broader market in the latest session — investors may be trimming positions after a recent run or reacting to mixed fundamentals (Coke recently beat EPS but missed revenue estimates), contributing to today’s weakness. Coca‑Cola (KO) Declines More Than Market
• Neutral Sentiment: Industry commentary highlighting other long‑running dividend payers can shift investor attention away from blue‑chips like KO but isn’t an immediate threat to Coca‑Cola’s business. Meet Wall Street’s Greatest Dividend Stock

Insider Activity

In other CocaCola news, CFO John Murphy sold 99,437 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $80.42, for a total transaction of $7,996,723.54. Following the completion of the sale, the chief financial officer directly owned 410,550 shares of the company’s stock, valued at approximately $33,016,431. This trade represents a 19.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 value of $1,847,595.60. Following the completion of the transaction, the executive vice president owned 17,725 shares in the company, valued at $1,371,383.25. This trade represents a 57.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 892,925 shares of company stock valued at $70,254,796. Insiders own 0.97% of the company’s stock.

CocaCola Stock Down 2.1%

KO stock opened at $75.98 on Thursday. The company has a fifty day moving average price of $76.20 and a 200 day moving average price of $71.57. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $82.00. The company has a market cap of $326.76 billion, a price-to-earnings ratio of 24.99, a price-to-earnings-growth ratio of 3.25 and a beta of 0.35. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.46 and a quick ratio of 1.25.

CocaCola (NYSE:KO) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.02. The company had revenue of $11.82 billion for the quarter, compared to the consensus estimate of $12.04 billion. CocaCola had a net margin of 27.34% and a return on equity of 41.31%. CocaCola’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same period last year, the firm posted $0.55 EPS. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. Sell-side analysts expect that CocaCola Company will post 2.96 earnings per share for the current year.

CocaCola Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 13th will be issued a dividend of $0.53 per share. This is an increase from CocaCola’s previous quarterly dividend of $0.51. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, March 13th. CocaCola’s dividend payout ratio is 69.74%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on KO shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $83.00 price target on shares of CocaCola in a research note on Thursday, January 29th. TD Cowen restated a “buy” rating on shares of CocaCola in a research note on Wednesday, February 11th. Evercore reaffirmed an “outperform” rating and set a $85.00 price objective on shares of CocaCola in a report on Wednesday, February 11th. UBS Group lifted their target price on CocaCola from $82.00 to $87.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Finally, Truist Financial set a $85.00 target price on CocaCola in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $84.60.

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.