Pacer Advisors Inc. Sells 115,726 Shares of CocaCola Company (The) $KO

Pacer Advisors Inc. trimmed its stake in shares of CocaCola Company (The) (NYSE:KO) by 30.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 260,777 shares of the company’s stock after selling 115,726 shares during the quarter. Pacer Advisors Inc.’s holdings in CocaCola were worth $19,832,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of KO. Eurizon SLJ Capital Ltd acquired a new position in shares of CocaCola in the 4th quarter worth approximately $552,000. Farther Finance Advisors LLC increased its holdings in CocaCola by 38.1% during the 4th quarter. Farther Finance Advisors LLC now owns 111,598 shares of the company’s stock valued at $7,802,000 after purchasing an additional 30,786 shares in the last quarter. King Luther Capital Management Corp raised its position in CocaCola by 0.8% in the 4th quarter. King Luther Capital Management Corp now owns 3,852,525 shares of the company’s stock valued at $269,330,000 after purchasing an additional 31,694 shares during the last quarter. Greenberg Financial Group bought a new position in CocaCola in the 4th quarter valued at $507,000. Finally, Retirement Guys Formula LLC boosted its stake in CocaCola by 40.5% in the fourth quarter. Retirement Guys Formula LLC now owns 49,056 shares of the company’s stock worth $3,429,000 after purchasing an additional 14,130 shares in the last quarter. 70.26% of the stock is currently owned by institutional investors.

CocaCola Price Performance

Shares of KO stock opened at $86.84 on Tuesday. The firm has a market cap of $373.62 billion, a price-to-earnings ratio of 26.08, a PEG ratio of 3.06 and a beta of 0.33. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $90.92. 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 stock has a 50-day moving average price of $82.15 and a 200 day moving average price of $78.88.

CocaCola (NYSE:KO) last released its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The company had revenue of $13.37 billion for 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 company’s revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Research analysts expect that CocaCola Company will post 3.29 EPS for the current year.

CocaCola Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.4%. The ex-dividend date is Tuesday, September 15th. CocaCola’s dividend payout ratio is currently 63.66%.

Insiders Place Their Bets

In other CocaCola news, EVP Nancy Quan sold 31,625 shares of the firm’s stock in a transaction that occurred on 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 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Jennifer K. Mann sold 100,000 shares of CocaCola stock in a transaction on Monday, June 8th. The stock was sold at an average price of $79.46, for a total transaction of $7,946,000.00. Following the sale, the executive vice president directly owned 181,384 shares of the company’s stock, valued at $14,412,772.64. This represents a 35.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. Insiders sold a total of 1,655,202 shares of company stock valued at $139,400,742 over the last three months. 0.90% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several analysts have recently commented on KO shares. Royal Bank Of Canada increased their target price on CocaCola from $87.00 to $96.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Argus upped their price target on shares of CocaCola from $91.00 to $97.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. The Goldman Sachs Group reissued a “neutral” rating and set a $86.00 price objective (up from $82.00) on shares of CocaCola in a report on Tuesday, July 28th. Jefferies Financial Group boosted their target price on shares of CocaCola from $95.00 to $104.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Finally, HSBC cut shares of CocaCola from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. 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 data from MarketBeat, CocaCola presently has an average rating of “Moderate Buy” and an average price target of $95.76.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola is being highlighted as a defensive consumer-staples investment as weakening consumer confidence and market volatility increase demand for stable, dividend-paying companies. 4 Consumer Staples Stocks to Play Safe Amid Sinking Consumer Confidence
• Positive Sentiment: Recent coverage points to Coca-Cola’s strong second-quarter results and long record of dividend growth as reasons investors may rotate toward KO and other defensive names away from technology and artificial-intelligence trades. 2 Consumer Staples Stocks Giving Investors a Break From the AI Trade
• Positive Sentiment: The company’s latest quarter exceeded expectations, with earnings of $0.97 per share versus a $0.93 consensus and revenue of $13.37 billion versus $13.17 billion. Revenue increased 6.2% year over year, reinforcing the company’s earnings momentum. Coca-Cola’s dividend also remains strategically important to Berkshire Hathaway, which is expected to receive roughly $848 million in dividends this year. Prediction: Greg Abel Will Continue Holding This Berkshire Hathaway Stock
• Neutral Sentiment: CFO John Murphy sold 152,483 shares, reducing his holdings by about 35%, but the filing said the transaction covered tax-withholding obligations tied to vested equity awards. This makes the sale less concerning than a discretionary disposal, although it can still affect short-term sentiment. SEC Form 4 Filing
• Negative Sentiment: Analysts are focusing on Coca-Cola absorbing near-term margin pressure as it expands in China, creating a potential offset to otherwise steady beverage demand and solid sales growth. Coca-Cola Absorbs Margin Hit for Expansion in Key Market
• Negative Sentiment: Separate reports of Coca-Cola’s chairman selling sizable blocks of stock add to insider-selling concerns, even as the broader earnings and dividend outlook remains favorable. Coca-Cola Chairman Sells 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.