Recent instrument reports published on 2026-05-24, 2026-06-01, and 2026-06-09 noted that no material corporate announcements served as primary drivers for coverage of The Coca-Cola Company during that period [Brief - 2026-05-24] [Brief - 2026-06-01] [Brief - 2026-06-09]. Each report identified a series of notable institutional position changes disclosed in 13F filings as the principal trigger for coverage, reflecting shifts in how major asset managers have sized their exposure to Coca-Cola during the relevant reporting periods.
Coca-Cola's trailing twelve-month revenue stood at $49.28 billion, representing year-over-year growth of 12.07%, while net income for the same period reached $13.70 billion [SEC 10-Q - KO - 2026-04-03]. Gross margin was recorded at 61.74%, operating margin at 29.34%, and net margin at 27.80% [SEC 10-Q - KO - 2026-04-03]. EPS grew 18.18% year-over-year, and the company carried $10.57 billion in cash against total debt of $38.87 billion [SEC 10-Q - KO - 2026-04-03]. The price-to-earnings ratio was reported at 25.25 [SEC 10-Q - KO - 2026-04-03].
Insider activity in June 2026 comprised 18 transactions with a net direction of selling, totalling a net value of approximately -$61.57 million [SEC Form 4 - KO - 2026-06]. On the institutional side, Citadel added 51% to its existing position, while Soros Fund Management opened a new position [SEC 13F - Citadel - Q1 2026] [SEC 13F - SorosFundMgmt - Q1 2026]. Conversely, Bridgewater reduced its position by 21%, Millennium reduced its position by 10%, and AQR Capital reduced its position by 6.9% [SEC 13F - Bridgewater - Q1 2026] [SEC 13F - Millennium - Q1 2026] [SEC 13F - AQRCapital - Q1 2026].
The 10-year US Treasury yield stood at 4.47% and the 2-year yield at 4.07%, producing a normal yield curve spread of approximately 40 basis points [FRED DGS10] [FRED DGS2]. This rate environment represents the prevailing macro backdrop against which Coca-Cola's debt load of $38.87 billion and cash position of $10.57 billion are situated [SEC 10-Q - KO - 2026-04-03].