Chemung Canal Trust Co. Has $6.52 Million Holdings in CocaCola Company (The) $KO

Chemung Canal Trust Co. decreased its holdings in shares of CocaCola Company (The) (NYSE:KO) by 17.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 98,280 shares of the company’s stock after selling 20,743 shares during the quarter. CocaCola makes up about 1.3% of Chemung Canal Trust Co.’s investment portfolio, making the stock its 24th biggest holding. Chemung Canal Trust Co.’s holdings in CocaCola were worth $6,518,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC increased its position in shares of CocaCola by 13.3% during the 4th quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock worth $2,433,000 after purchasing an additional 4,591 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in shares of CocaCola by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock valued at $548,000 after buying an additional 293 shares in the last quarter. Driehaus Capital Management LLC acquired a new position in CocaCola during the first quarter worth $771,000. Calton & Associates Inc. bought a new stake in CocaCola during the first quarter worth $561,000. Finally, Ameriflex Group Inc. lifted its stake in CocaCola by 323.6% in the first quarter. Ameriflex Group Inc. now owns 21,393 shares of the company’s stock valued at $1,532,000 after acquiring an additional 16,343 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Cowen reaffirmed a “buy” rating on shares of CocaCola in a report on Wednesday, October 22nd. Bank of America boosted their price target on CocaCola from $78.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Wells Fargo & Company raised their price objective on CocaCola from $75.00 to $79.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. TD Cowen boosted their target price on CocaCola from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Wednesday, October 22nd. Finally, Evercore ISI restated an “outperform” rating on shares of CocaCola in a research note on Tuesday, October 21st. One research analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the company. According to MarketBeat.com, CocaCola has an average rating of “Buy” and an average target price of $79.08.

Insiders Place Their Bets

In other CocaCola news, EVP Monica Howard Douglas sold 13,548 shares of the business’s stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $69.93, for a total value of $947,411.64. Following the completion of the sale, the executive vice president owned 37,725 shares of the company’s stock, valued at $2,638,109.25. The trade was a 26.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Nancy Quan sold 31,625 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $71.17, for a total transaction of $2,250,751.25. Following the transaction, the executive vice president owned 223,330 shares in the company, valued at approximately $15,894,396.10. The trade was a 12.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 225,252 shares of company stock worth $15,953,007. 0.90% of the stock is currently owned by insiders.

CocaCola Price Performance

Shares of NYSE KO opened at $70.10 on Tuesday. The firm has a market cap of $301.53 billion, a P/E ratio of 23.21, a price-to-earnings-growth ratio of 3.88 and a beta of 0.39. The business’s 50 day moving average is $70.54 and its 200-day moving average is $69.36. The company has a current ratio of 1.21, a quick ratio of 1.00 and a debt-to-equity ratio of 1.30. CocaCola Company has a 1-year low of $60.62 and a 1-year high of $74.38.

CocaCola (NYSE:KO) last issued its quarterly earnings data on Thursday, March 27th. The company reported $0.55 EPS for the quarter. The firm had revenue of $11.40 billion for the quarter. CocaCola had a return on equity of 43.62% and a net margin of 27.34%. Equities research analysts predict that CocaCola Company will post 2.96 earnings per share for the current year.

CocaCola Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Monday, December 1st. CocaCola’s dividend payout ratio (DPR) is currently 67.55%.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Zacks argues KO can hit the high end of its organic‑growth target by gaining value share and leaning on pricing, volume and productivity despite macro pressure — a near‑term bullish case for revenue and margin resilience. Coca-Cola’s Story: Can Organic Growth Stay Resilient in 2026?
• Positive Sentiment: The Motley Fool highlights KO as a defensive, dividend‑rich pick to own into a bear market — supporting demand from income and risk‑averse investors. Worried About a Bear Market? 3 Reasons to Buy Coca‑Cola Like There’s No Tomorrow
• Positive Sentiment: Another Fool piece names KO among “recession‑proof” dividend payers (with J&J and Microsoft), reinforcing the stock’s appeal for dividend and total‑return investors. Could These 3 “Recession‑Proof” Dividend Stocks Surge 100% by 2031?
• Positive Sentiment: Fool’s “Beyond Index Funds” piece notes Coca‑Cola’s asset‑light model and durable brand moat — supportive for steady free cash flow and dividends. Beyond Index Funds: 2 Stocks That Teach You How to Think Like a Value Investor
• Neutral Sentiment: 24/7 Wall St. provides a price‑forecast update noting YTD gains but a recent monthly pullback — a mixed market signal that may temper enthusiasm until new catalysts appear. Coca‑Cola (NYSE: KO) Price Prediction and Forecast 2026‑2030 (January 2026)
• Neutral Sentiment: Seeking Alpha reminds investors KO delivers stability and consistent guidance (mid‑single‑digit organic revenue, mid‑to‑high single‑digit EPS growth) but trades at a premium — a “steady but not high‑growth” read. Coca‑Cola: Before Investing, Set Expectations Straight
• Negative Sentiment: Another Seeking Alpha piece argues KO’s dividend and defensiveness don’t offset limited upside — cites sub‑3% yield, slower growth, and a ~23x P/E as reasons the stock may underperform higher‑growth alternatives. Coca‑Cola: Not Even The Storied Dividend Can Create A Compelling Investment Case
• Negative Sentiment: Forbes revisits risks and historical volatility, noting past rapid drawdowns — a reminder that macro shocks or sentiment shifts can still pressure KO despite its defensive profile. What Is Weighing On Coca‑Cola Stock?

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.