Fulton Bank N.A. Sells 11,309 Shares of CocaCola Company (The) $KO

Fulton Bank N.A. cut its stake in shares of CocaCola Company (The) (NYSE:KO) by 17.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 54,235 shares of the company’s stock after selling 11,309 shares during the period. Fulton Bank N.A.’s holdings in CocaCola were worth $4,408,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Anfield Capital Management LLC grew its stake in shares of CocaCola by 438.8% in the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after buying an additional 294 shares in the last quarter. Louisbourg Investments Inc. acquired a new stake in CocaCola in the first quarter valued at $25,000. Headlands Technologies LLC bought a new position in shares of CocaCola in the 2nd quarter valued at about $26,000. Evolution Wealth Management Inc. grew its position in shares of CocaCola by 1,081.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock valued at $27,000 after acquiring an additional 357 shares during the period. Finally, Elevated Capital Advisors LLC bought a new position in shares of CocaCola in the 4th quarter valued at about $30,000. 70.26% of the stock is currently owned by institutional investors.

CocaCola Stock Performance

NYSE KO opened at $86.82 on Tuesday. The firm has a 50-day moving average price of $82.82 and a two-hundred day moving average price of $79.44. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $90.92. The company has a market capitalization of $373.55 billion, a P/E ratio of 26.07, 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.

CocaCola (NYSE:KO) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates 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 net margin of 28.56% and a return on equity of 39.38%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Analysts anticipate that CocaCola Company will post 3.29 earnings per share for the current year.

CocaCola Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 15th. CocaCola’s dividend payout ratio is presently 63.66%.

Analyst Ratings Changes

KO has been the topic of a number of research analyst reports. Wells Fargo & Company upped their target price on shares of CocaCola from $90.00 to $95.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $93.00 price objective on shares of CocaCola in a report on Wednesday, July 29th. Evercore reissued an “outperform” rating and issued a $100.00 price objective on shares of CocaCola in a research report on Tuesday, July 28th. Argus upped their price target on shares of CocaCola from $91.00 to $97.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Finally, TD Cowen increased their price target on shares of CocaCola from $90.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Fifteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $95.76.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Volume-led growth supports the bullish case. Coca-Cola’s second-quarter organic revenue increased 6%, led by a 5% rise in unit case volume, while price and mix contributed about 2%. The stronger volume performance suggests demand remains healthy rather than growth being driven mainly by higher prices. Coca-Cola’s Revenue Growth: Organic Strength or Pricing-Led?
• Positive Sentiment: Recent earnings continue to provide support. Coca-Cola exceeded quarterly expectations, reporting $0.97 in adjusted earnings per share versus a $0.93 consensus estimate and $13.37 billion in revenue versus $13.17 billion expected. Analysts and market coverage also point to sustained earnings strength, resilient demand and the company’s long record of dividend increases as reasons for investor interest. 5 Stocks the Market Rewarded After Strong Earnings Results
• Neutral Sentiment: Coca-Cola İçecek reported strong first-half results, but the read-through to KO is limited. The bottling affiliate cited international growth and margin gains, while PwC and the company’s board confirmed the accuracy and compliance of its interim financial statements. These developments are supportive for the broader Coca-Cola system but concern Coca-Cola İçecek A.Ş. directly, not necessarily KO’s consolidated results. Coca-Cola İçecek Delivers Strong H1 2026 Results
• Negative Sentiment: Valuation is the main pressure point. After a substantial multiyear gain and a move near its all-time high, analysts argue that KO is close to fair value or modestly expensive. At approximately 26 times earnings, the stock’s premium may already reflect much of its earnings, dividend and defensive-growth appeal. Coca-Cola Stock Recently Hit a New All-Time High

Insider Activity

In other news, EVP Jennifer K. Mann sold 23,984 shares of the stock in a transaction 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 sale, the executive vice president directly owned 157,400 shares of the company’s stock, valued at approximately $13,128,734. This represents a 13.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Nancy Quan sold 31,625 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $80.93, for a total value of $2,559,411.25. Following the completion of the transaction, the executive vice president directly owned 223,330 shares of the company’s stock, valued at approximately $18,074,096.90. This trade represents a 12.40% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 1,455,202 shares of company stock worth $123,620,742. 0.90% of the stock is owned by insiders.

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.