Howland Capital Management 13F: Cuts KO Stake by $1.1M

Howland Capital Management trimmed its holdings in The Coca-Cola Company KO by 13,209 shares during the third quarter, according to a Form 13F filing on October 22, 2026. The move lowered the firm's stake by 14.6% to a total of 77,555 shares.

KO The Coca-Cola Company

$94.84 ▲ +39.88% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Howland Capital Management's The Coca-Cola Company Position

The filing shows Howland Capital Management held 90,764 shares prior to the adjustment. After dropping 13,209 shares, the remaining 77,555 shares carried a reported value of $6,717,395 as of the filing date.

Other Institutional Activity in The Coca-Cola Company

Other institutional investors adjusted their positions around the same time. Financial Synergies Wealth Advisors opened a new position with 2,681 shares valued at $230,819. Kmg Fiduciary Partners reduced its holdings by 5,536 shares, ending with 153,020 shares worth about $13,171,944, a 3.5% decrease. Royal Fund Management cut its stake by 33,904 shares to finish with 42,990 shares valued at $3,700,610, representing a 44.1% drop. SBI Securities grew its holdings by 40,010 shares, ending with 284,080 shares worth about $24,453,606, a 16.4% increase. E. Ohman J:or Asset Management reduced its holdings by 43,880 shares, ending with 105,385 shares worth about $9,071,541, a 29.4% decrease.

The Coca-Cola Company Stock Up 2.0%

The stock recently traded around $95.34 as of October 23, 2026, remaining right around its event-day close of $95.34 on October 22, 2026. Shares sit comfortably above both their 50-day moving average of $88.82 and their 200-day moving average of $81.33.

Recent Earnings

The beverage maker reported trailing twelve month revenue of $50,128,998,400 with a net profit margin of 28.6%. The company posted an earnings per share of $3.33 and a return on equity of 42.1%, with its next earnings report scheduled for October 27, 2026.

Dividend

The company pays an annual dividend rate of $2.12 per share, translating to a dividend yield of 2.3%. The payout ratio stands at 62.5% of earnings.

Insider Buying and Selling at The Coca-Cola Company

Company insiders completed several transactions ahead of the filing. Chairman of the Board James R. Quincey disposed of 527,087 shares valued at $47,468,615 on July 29, 2026. President John Murphy sold 152,483 shares at an average price of $87.31 for a total of $13,313,580 on July 31, 2026. Divisional Officer Luisa Ortega parted with 55,755 shares worth $4,827,894 on August 6, 2026. Officer Nancy W Quan sold 50,000 shares at a price of $90.39 totaling $4,519,260 on August 19, 2026.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock through the late summer and fall. On July 30, 2026, Argus Research maintained a Buy rating and raised its target from $91.00 to $97.00. JP Morgan maintained an Overweight rating on September 28, 2026, while adjusting its target from $96.00 to $95.00. Wells Fargo maintained an Overweight rating on October 5, 2026, moving its target from $95.00 to $90.00. Citigroup maintained a Buy rating on October 14, 2026, lifting its target from $100.00 to $102.00. Barclays maintained an Overweight rating on October 16, 2026, raising its target from $93.00 to $98.00. Overall, the stock carries a consensus Buy rating from 24 analysts with a mean price target of $95.13.

About The Coca-Cola Company

Headquartered in Atlanta, Georgia, The Coca-Cola Company manufactures and sells nonalcoholic beverages globally, ranging from sparkling soft drinks to waters, coffees, teas, and juices. Institutional interest remains high as the company approaches its next earnings announcement.

Bottom Line

Investors will look toward the upcoming October 27 earnings release for fresh details on revenue growth and profit margins. Monitoring subsequent 13F filings will show whether other institutional managers follow Howland Capital in adjusting their positions.