Deutsche Bank AG Sells 852,366 Shares of CocaCola Company (The) $KO

Deutsche Bank AG lessened its stake in shares of CocaCola Company (The) (NYSE:KO) by 5.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,262,125 shares of the company’s stock after selling 852,366 shares during the quarter. Deutsche Bank AG’s holdings in CocaCola were worth $1,136,885,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Norges Bank acquired a new position in shares of CocaCola during the fourth quarter worth $3,865,807,000. Capital World Investors lifted its holdings in shares of CocaCola by 98.7% during the fourth quarter. Capital World Investors now owns 12,573,527 shares of the company’s stock worth $879,015,000 after purchasing an additional 6,246,627 shares during the period. Vanguard Group Inc. lifted its holdings in shares of CocaCola by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company’s stock worth $26,200,276,000 after purchasing an additional 5,886,352 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of CocaCola by 23.9% during the fourth quarter. Bank of New York Mellon Corp now owns 28,679,192 shares of the company’s stock worth $2,004,962,000 after purchasing an additional 5,529,810 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in shares of CocaCola by 15.1% during the third quarter. Franklin Resources Inc. now owns 39,094,276 shares of the company’s stock worth $2,592,732,000 after purchasing an additional 5,135,198 shares during the period. Institutional investors own 70.26% of the company’s stock.

Key CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Bank of America highlighted Coca-Cola as a key stock to watch as the 2026 World Cup begins, saying beverage volumes could surge during the tournament and benefit KO. The World Cup Is Here: Analyst Names One Beverage Stock To Watch
• Positive Sentiment: Recent coverage also pointed to Coca-Cola’s strong pricing power and volume growth, with Q1 results showing 10% organic revenue growth and 3% volume gains, reinforcing the company’s ability to offset inflation. Coca-Cola’s Inflation Balancing Act: Price Increases vs. Volume
• Positive Sentiment: Multiple articles emphasized KO’s dividend appeal, calling it a Dividend King with decades of consecutive dividend increases, which can attract income-focused investors. 1 Plain-As-Day Dividend King to Buy and Never Sell That Has Increased Its Payout for 64 Consecutive Years
• Positive Sentiment: News that Coca-Cola is launching BodyArmor Fit supports its expansion into the “better-for-you” beverage category, broadening growth opportunities beyond traditional soda. Coca-Cola launches BodyArmor Fit as it branches out in the ‘better-for-you’ category
• Neutral Sentiment: Chairman James Quincey and EVP Jennifer K. Mann disclosed stock sales, but both were pre-planned 10b5-1 transactions tied to tax withholding on equity awards, making them less concerning than open-market insider selling.

Insider Activity

In other news, EVP Nancy Quan sold 31,625 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the transaction, the executive vice president owned 223,330 shares in the company, valued at approximately $18,074,096.90. This represents a 12.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman James Quincey sold 436,296 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $80.13, for a total transaction of $34,960,398.48. Following the transaction, the chairman owned 122,833 shares in the company, valued at $9,842,608.29. This represents a 78.03% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 775,921 shares of company stock worth $61,885,810. Company insiders own 0.90% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Evercore reiterated an “outperform” rating and set a $85.00 price target on shares of CocaCola in a report on Wednesday, February 11th. Morgan Stanley set a $88.00 price target on shares of CocaCola in a report on Wednesday, March 11th. Jefferies Financial Group lifted their price target on shares of CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a report on Monday, March 16th. Wells Fargo & Company lifted their price target on shares of CocaCola from $87.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. Finally, Citigroup lifted their price target on shares of CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Fifteen analysts have rated the stock with a Buy rating, According to MarketBeat, CocaCola presently has an average rating of “Buy” and a consensus target price of $86.80.

CocaCola Price Performance

KO stock opened at $81.30 on Wednesday. The company’s fifty day simple moving average is $78.30 and its 200 day simple moving average is $75.48. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $82.66. The firm has a market cap of $349.78 billion, a price-to-earnings ratio of 25.57, a PEG ratio of 3.18 and a beta of 0.35. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09.

CocaCola (NYSE:KO) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, beating 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 firm had revenue of $12.47 billion for the quarter, compared to analyst estimates of $12.24 billion. During the same quarter in the prior year, the business earned $0.73 earnings per share. The business’s quarterly revenue was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, analysts expect that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be issued 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 2.6%. CocaCola’s dividend payout ratio is currently 66.67%.

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.