MRA Advisory Group decreased its holdings in shares of CocaCola Company (The) (NYSE:KO – Free Report) by 67.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,123 shares of the company’s stock after selling 12,857 shares during the period. MRA Advisory Group’s holdings in CocaCola were worth $527,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. State Street Corp lifted its position in CocaCola by 1.2% during the fourth quarter. State Street Corp now owns 167,850,330 shares of the company’s stock valued at $11,734,417,000 after purchasing an additional 1,992,327 shares in the last quarter. Bank of America Corp DE increased its position in CocaCola by 4.4% in the second quarter. Bank of America Corp DE now owns 45,958,636 shares of the company’s stock worth $3,735,058,000 after buying an additional 1,939,673 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of CocaCola by 0.4% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,354,414 shares of the company’s stock worth $2,954,523,000 after buying an additional 162,097 shares during the period. Wellington Management Group LLP raised its stake in shares of CocaCola by 9.2% in the second quarter. Wellington Management Group LLP now owns 29,053,752 shares of the company’s stock worth $2,361,198,000 after buying an additional 2,439,026 shares during the period. Finally, Invesco Ltd. lifted its position in shares of CocaCola by 6.7% during the 4th quarter. Invesco Ltd. now owns 28,520,214 shares of the company’s stock valued at $1,993,848,000 after buying an additional 1,798,371 shares in the last quarter. 70.26% of the stock is currently owned by hedge funds and other institutional investors.
CocaCola News Summary
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: New product launches support growth prospects. Coca-Cola is bringing back a seasonal favorite and introducing banana- and vanilla-flavored beverages, along with sugar-free probiotic and other “better-for-you” sodas. The launches could help broaden its portfolio and appeal to consumers seeking lower-sugar options. Coca-Cola Stock Fizzes on New Banana, Vanilla and Better-for-You Soda Launches
- Positive Sentiment: Wells Fargo reiterated its Buy rating. The endorsement provides additional support for the stock and suggests the bank remains constructive on Coca-Cola’s earnings outlook and defensive qualities. Wells Fargo Reaffirms Buy Rating on Coca-Cola
- Positive Sentiment: Dividend reliability remains an attraction. Coca-Cola has increased its dividend for 64 consecutive years and offers a roughly 2.5% yield, supporting its appeal to income-focused and defensive investors. Coca-Cola Dividend Investment Analysis
- Neutral Sentiment: KO is increasingly positioned around changing consumer preferences. Coverage highlights new beverages and the potential effect of GLP-1 weight-loss drugs on demand, indicating that product innovation is becoming more important as consumers may reduce consumption of traditional sugary drinks. Coca-Cola Unveils New Drinks as GLP-1 Use Shifts Demand
- Negative Sentiment: Valuation limits upside. Coca-Cola trades at about 26 times earnings, above the S&P 500’s cited 21.5 multiple. Investors are therefore paying a premium for stability and dividend growth, leaving less room for disappointment. Has Coca-Cola Stock Become a Different Bet?
Insider Activity
Wall Street Analysts Forecast Growth
KO has been the subject of a number of recent research reports. Barclays boosted their price objective on CocaCola from $91.00 to $93.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $93.00 price target (up from $83.00) on shares of CocaCola in a report on Wednesday, July 29th. Royal Bank Of Canada upped their price target on shares of CocaCola from $87.00 to $96.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Seaport Research Partners set a $95.00 price objective on shares of CocaCola in a research note on Friday, August 14th. Finally, Bank of America lifted their target price on shares of CocaCola from $95.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, CocaCola currently has an average rating of “Moderate Buy” and an average target price of $95.95.
Read Our Latest Stock Analysis on KO
CocaCola Price Performance
Shares of KO traded down $0.14 during mid-day trading on Wednesday, hitting $86.03. 5,000,101 shares of the stock were exchanged, compared to its average volume of 16,891,406. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.12 and a current ratio of 1.30. The company has a market cap of $370.17 billion, a PE ratio of 25.91, a price-to-earnings-growth ratio of 3.37 and a beta of 0.32. CocaCola Company has a 52-week low of $66.00 and a 52-week high of $92.49. The firm has a 50-day moving average of $88.08 and a two-hundred day moving average of $82.57.
CocaCola (NYSE:KO – Get Free Report) last posted its 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 firm had revenue of $13.37 billion during the quarter, compared to analyst estimates of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. CocaCola’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period last year, the firm posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities analysts predict that CocaCola Company will post 3.29 earnings per share for the current year.
CocaCola Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th were issued a $0.53 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.5%. CocaCola’s payout ratio is 63.66%.
CocaCola Company Profile
The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Its portfolio includes sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and other ready-to-drink products. The company’s best-known brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, Powerade, Minute Maid, fairlife, and Georgia Coffee.
Founded in 1886, the company develops, owns, licenses, markets, and distributes beverage brands through a network of bottling partners, distributors, retailers, and food-service operators.
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