TrinityBridge Ltd lessened its stake in Coca-Cola Company (The) (NYSE:KO – Free Report) by 2.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 229,556 shares of the company’s stock after selling 6,186 shares during the period. TrinityBridge Ltd’s holdings in Coca-Cola were worth $19,759,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of KO. Bank of America Corp DE increased its stake in Coca-Cola by 4.4% in the 2nd quarter. Bank of America Corp DE now owns 45,958,636 shares of the company’s stock worth $3,735,058,000 after purchasing an additional 1,939,673 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Coca-Cola 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 valued at $2,954,523,000 after purchasing an additional 162,097 shares during the last quarter. Wellington Management Group LLP lifted its position in Coca-Cola by 9.2% in the second quarter. Wellington Management Group LLP now owns 29,053,752 shares of the company’s stock valued at $2,361,198,000 after purchasing an additional 2,439,026 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Coca-Cola by 1.3% during the first quarter. Dimensional Fund Advisors LP now owns 18,822,295 shares of the company’s stock valued at $1,431,495,000 after purchasing an additional 235,785 shares during the period. Finally, Fayez Sarofim & Co boosted its stake in shares of Coca-Cola by 0.7% during the second quarter. Fayez Sarofim & Co now owns 15,272,831 shares of the company’s stock valued at $1,241,223,000 after purchasing an additional 113,599 shares during the period. 70.26% of the stock is currently owned by hedge funds and other institutional investors.
Coca-Cola News Roundup
Here are the key news stories impacting Coca-Cola this week:
- Positive Sentiment: Coca-Cola’s 64-year record of annual dividend increases supports its appeal to income-focused investors. Berkshire Hathaway is expected to collect about $848 million in KO dividends in 2026. Article: Coca-Cola vs. Monster Beverage
- Positive Sentiment: Coverage says Coca-Cola is passing higher costs on to consumers, demonstrating pricing power while inflation persists. Other coverage notes continued revenue and earnings growth and a generally upward revenue trend. Article: Coca-Cola Is Exercising its Pricing Power as Inflation Persists
- Neutral Sentiment: A six-month outlook article focuses on what may determine KO’s next stretch, but the supplied listing does not specify its conclusions. Article: What Will Decide Coca-Cola Stock Over The Next Six Months?
- Negative Sentiment: Some commentary frames Coca-Cola as a defensive “shelter” investment rather than a strong-growth story, which may weigh on sentiment when investors seek faster growth. A reported reduction in the consensus price target adds a cautionary signal, though the cited target is in Swiss francs. Article: Coca-Cola: Investors Are Buying Shelter, Not Growth
Coca-Cola Price Performance
Shares of KO stock opened at $94.75 on Wednesday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.19 and a current ratio of 1.38. Coca-Cola Company has a fifty-two week low of $67.27 and a fifty-two week high of $96.25. The firm has a market cap of $407.59 billion, a P/E ratio of 27.87, a P/E/G ratio of 3.74 and a beta of 0.28. The business’s 50 day moving average price is $89.63 and its 200-day moving average price is $82.31.
Coca-Cola (NYSE:KO – Get Free Report) last announced its earnings results on Tuesday, October 27th. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. Coca-Cola had a return on equity of 38.79% and a net margin of 28.65%. The company had revenue of $13.35 billion during the quarter, compared to the consensus estimate of $12.92 billion. During the same quarter in the prior year, the company earned $0.82 earnings per share. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. On average, equities research analysts anticipate that Coca-Cola Company will post 3.34 earnings per share for the current year.
Coca-Cola Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, December 1st. Coca-Cola’s payout ratio is presently 62.35%.
Wall Street Analyst Weigh In
Several brokerages recently commented on KO. JPMorgan Chase & Co. lifted their target price on shares of Coca-Cola from $95.00 to $98.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 28th. Seaport Research Partners set a $95.00 price target on shares of Coca-Cola in a report on Friday, August 14th. TD Cowen increased their price target on shares of Coca-Cola from $100.00 to $104.00 and gave the company a “buy” rating in a research report on Wednesday, October 28th. Morgan Stanley raised their price target on shares of Coca-Cola from $100.00 to $103.00 and gave the stock an “overweight” rating in a report on Wednesday, October 28th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $86.00 price objective (up from $82.00) on shares of Coca-Cola in a research report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Coca-Cola presently has an average rating of “Moderate Buy” and an average target price of $97.26.
View Our Latest Analysis on KO
Insiders Place Their Bets
In other Coca-Cola news, EVP Nancy Quan sold 50,000 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $90.39, for a total value of $4,519,500.00. Following the completion of the transaction, the executive vice president directly owned 223,330 shares in the company, valued at approximately $20,186,798.70. This represents a 18.29% decrease in their position. The sale was disclosed in a document filed 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, insider Bruno Pietracci sold 111,365 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $90.93, for a total transaction of $10,126,419.45. Following the completion of the sale, the insider directly owned 41,365 shares of the company’s stock, valued at approximately $3,761,319.45. This represents a 72.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 171,323 shares of company stock worth $15,507,286. 0.90% of the stock is currently owned by corporate insiders.
About Coca-Cola
The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Founded in 1886, it is best known for Coca-Cola, one of the world’s most recognized soft drink brands.
The company owns, licenses, and markets a broad portfolio of beverages, including sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and energy drinks. Its brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, smartwater, Powerade, Minute Maid, Simply, fairlife, and Costa Coffee, among others.
The Coca-Cola Company serves consumers in more than 200 countries and territories through a system that includes company-operated operations, independent bottling partners, distributors, retailers, and food-service providers.
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