Coca-Cola Company (The) $KO Position Trimmed by Pictet Asset Management Holding SA

Posted by George Bondi on Nov 8th, 2026

Pictet Asset Management Holding SA lowered its holdings in shares of Coca-Cola Company (The) (NYSE:KO – Free Report) by 6.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,604,718 shares of the company’s stock after selling 165,809 shares during the period. Pictet Asset Management Holding SA’s holdings in Coca-Cola were worth $224,217,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of KO. Bank of America Corp DE raised its holdings in shares of Coca-Cola by 4.4% in the second quarter. Bank of America Corp DE now owns 45,958,636 shares of the company’s stock valued at $3,735,058,000 after buying an additional 1,939,673 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Coca-Cola by 0.4% during 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 boosted its stake in shares of Coca-Cola by 9.2% during 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. Dimensional Fund Advisors LP grew its holdings 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 worth $1,431,495,000 after buying an additional 235,785 shares during the last quarter. Finally, Fayez Sarofim & Co grew its holdings 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 worth $1,241,223,000 after buying an additional 113,599 shares during the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

KO has been the topic of several recent research reports. Bank of America boosted their price target on Coca-Cola from $95.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Morgan Stanley increased their price objective on Coca-Cola from $100.00 to $103.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 28th. HSBC increased their price objective on Coca-Cola from $90.00 to $98.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $93.00 target price (up from $83.00) on shares of Coca-Cola in a research note on Wednesday, July 29th. Finally, TD Cowen boosted their target price on Coca-Cola from $100.00 to $104.00 and gave the company a “buy” rating in a report on Wednesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Coca-Cola has a consensus rating of “Moderate Buy” and a consensus price target of $97.26.

Check Out Our Latest Analysis on KO

Insiders Place Their Bets

In other news, insider Bruno Pietracci sold 111,365 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $90.93, for a total transaction of $10,126,419.45. Following the transaction, the insider directly owned 41,365 shares of the company’s stock, valued at $3,761,319.45. This represents a 72.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Beatriz R. Perez sold 67,548 shares of the company’s stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $94.91, for a total transaction of $6,410,980.68. Following the transaction, the executive vice president directly owned 160,428 shares in the company, valued at approximately $15,226,221.48. This trade represents a 29.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 238,871 shares of company stock worth $21,918,267 in the last ninety days. 0.90% of the stock is owned by insiders.

Coca-Cola News Summary

Here are the key news stories impacting Coca-Cola this week:

Positive Sentiment: Coca-Cola shares reportedly reached a record high as investors sought defensive stocks amid a market downturn. Its established brands and dividend income may be attracting buyers looking for more resilient businesses. Coca-Cola Stock Hits Record High as Market Crashes
Positive Sentiment: Recent articles point to Coca-Cola’s shelf presence, distribution reach and consumer habits as sources of a durable competitive advantage. The company’s ability to raise prices while still growing volume supports the long-term investment case. Coca-Cola Stock Is a Buy Thanks to Shelf Space and Habits
Positive Sentiment: Investors are also focusing on the company’s 64 consecutive years of dividend increases. Its latest quarterly results beat estimates, with revenue up year over year, and coverage says the company raised its outlook and dividend—supporting its earnings and income appeal. Coca-Cola Earnings Beat Lifts Guidance and Dividend
Positive Sentiment: Margin expansion despite higher marketing spending, supported by productivity gains and disciplined pricing, suggests Coca-Cola is balancing investment with profitability. Can Coca-Cola Keep Expanding Margins While Investing More?
Neutral Sentiment: Executive Beatriz Perez sold 67,548 shares, but the reported sale was to cover tax withholding on vested equity awards, making it a limited signal about her view of the business. Coca-Cola EVP Share Sale
Negative Sentiment: After a strong run this year and a move to record levels, valuation may constrain further gains; one dividend-focused article suggests prospective investors consider waiting before buying. Coca-Cola’s Dividend Record and Valuation

Coca-Cola Stock Performance

Shares of KO stock opened at $95.69 on Friday. The company has a market cap of $411.63 billion, a price-to-earnings ratio of 28.14, a price-to-earnings-growth ratio of 3.73 and a beta of 0.28. The stock has a 50 day simple moving average of $89.96 and a 200-day simple moving average of $82.69. Coca-Cola Company has a 12-month low of $67.27 and a 12-month high of $97.39. The company has a current ratio of 1.38, a quick ratio of 1.19 and a debt-to-equity ratio of 0.93.

Coca-Cola (NYSE:KO – Get Free Report) last posted its quarterly earnings results on Tuesday, October 27th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03. Coca-Cola had a return on equity of 38.79% and a net margin of 28.65%. The business had revenue of $13.35 billion during the quarter, compared to analysts’ expectations of $12.92 billion. During the same period last year, the firm earned $0.82 EPS. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, equities analysts forecast that Coca-Cola Company will post 3.34 EPS for the current year.

Coca-Cola Announces Dividend

The firm 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 $0.53 dividend. The ex-dividend date is Tuesday, December 1st. This represents a $2.12 annualized dividend and a yield of 2.2%. Coca-Cola’s dividend payout ratio is presently 62.35%.

Coca-Cola Company Profile

(Free Report)

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.