3,028,369 Shares in Coca-Cola Company (The) $KO Purchased by Mirae Asset Global Investments Co. Ltd.

Posted by Brenda Bartman on Nov 1st, 2026

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Coca-Cola Company (The) (NYSE:KO – Free Report) in the 3rd quarter, Holdings Channel reports. The firm purchased 3,028,369 shares of the company’s stock, valued at approximately $260,682,000.

A number of other large investors also recently bought and sold shares of the stock. Garrett Wealth Advisory Group LLC grew its stake in shares of Coca-Cola by 1.7% during the 3rd quarter. Garrett Wealth Advisory Group LLC now owns 6,274 shares of the company’s stock valued at $540,000 after buying an additional 107 shares during the period. Lantern Wealth Advisors LLC increased its holdings in shares of Coca-Cola by 3.6% during the 2nd quarter. Lantern Wealth Advisors LLC now owns 3,316 shares of the company’s stock worth $270,000 after buying an additional 115 shares during the last quarter. New Wave Wealth Advisors LLC raised its position in shares of Coca-Cola by 4.4% in the 3rd quarter. New Wave Wealth Advisors LLC now owns 2,747 shares of the company’s stock worth $248,000 after buying an additional 116 shares during the period. Gill Capital Partners LLC raised its position in shares of Coca-Cola by 4.1% in the 2nd quarter. Gill Capital Partners LLC now owns 2,992 shares of the company’s stock worth $243,000 after buying an additional 117 shares during the period. Finally, Prosperitas Financial LLC raised its position in shares of Coca-Cola by 2.5% in the 3rd quarter. Prosperitas Financial LLC now owns 4,922 shares of the company’s stock worth $424,000 after buying an additional 120 shares during the period. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Coca-Cola Stock Up 1.4%

Shares of Coca-Cola stock opened at $94.11 on Friday. The company has a fifty day moving average price of $89.47 and a 200 day moving average price of $82.07. The company has a current ratio of 1.38, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93. Coca-Cola Company has a twelve month low of $67.27 and a twelve month high of $95.37. The stock has a market cap of $404.85 billion, a price-to-earnings ratio of 27.68, a price-to-earnings-growth ratio of 3.67 and a beta of 0.32.

Coca-Cola (NYSE:KO – Get Free Report) last released its quarterly earnings data 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 company had revenue of $13.35 billion for the quarter, compared to analyst estimates of $12.92 billion. During the same period last year, the company posted $0.82 earnings per share. The firm’s revenue was up 7.2% compared to the same quarter last year. Equities research analysts forecast that Coca-Cola Company will post 3.34 earnings per share for the current fiscal year.

Coca-Cola Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $2.12 annualized dividend and a yield of 2.3%. Coca-Cola’s payout ratio is 62.35%.

Insiders Place Their Bets

In other Coca-Cola news, insider Bruno Pietracci sold 111,365 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $90.93, for a total value of $10,126,419.45. Following the completion of the sale, the insider owned 41,365 shares of the company’s stock, valued at $3,761,319.45. This trade represents a 72.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Sanket Ray sold 9,958 shares of the business’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $86.50, for a total transaction of $861,367.00. Following the transaction, the insider directly owned 62,105 shares in the company, valued at approximately $5,372,082.50. The trade was a 13.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 171,323 shares of company stock worth $15,507,286 in the last 90 days. 0.90% of the stock is owned by company insiders.

Key Headlines Impacting Coca-Cola

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

Positive Sentiment: Better-than-expected earnings and higher guidance: Coca-Cola’s third-quarter results exceeded Wall Street expectations, supported by 5% unit case-volume growth, consumer recruitment, affordability initiatives, and disciplined execution. Management now expects comparable EPS to increase at least 11% in 2026. Coca-Cola’s Q3 earnings call: our top 5 analyst questions
Positive Sentiment: Analyst optimism is reinforcing the rally: TD Cowen, JPMorgan, Citigroup, and Freedom Broker all recently raised their Coca-Cola price targets or indicated potential appreciation. Jim Cramer also recommended buying KO after the earnings beat. Coca-Cola stock gets price target boost from JPMorgan Chase
Positive Sentiment: Defensive dividend appeal: Coca-Cola continues to be highlighted as a dependable “Dividend King,” with a long record of annual payout increases and strong brand durability—features attracting income investors amid broader market uncertainty. No Tricks, Just Treats: 3 Dividend Stocks With Payouts You Can Trust
Positive Sentiment: Long-term emerging-market opportunity: Coca-Cola’s distribution network and local brands provide room for growth in developing markets, where a large share of beverage purchases remains untapped. The company is also considering a 2027 IPO for its Indian bottling arm, potentially creating capital and valuation benefits. Too Late to Buy Coca-Cola? 1 Reason It Isn’t.

Wall Street Analyst Weigh In

A number of research firms have issued reports on KO. Jefferies Financial Group boosted their price target on Coca-Cola from $95.00 to $104.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Argus upped their price target on Coca-Cola from $91.00 to $97.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Piper Sandler raised their price objective on Coca-Cola from $95.00 to $102.00 and gave the stock an “overweight” rating in a report on Monday, October 26th. Weiss Ratings lowered Coca-Cola from a “buy (a+)” rating to a “buy (a)” rating in a research note on Friday, October 23rd. Finally, DZ Bank reiterated a “buy” rating on shares of Coca-Cola in a report on Wednesday, July 29th. 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 stock. According to MarketBeat.com, Coca-Cola has a consensus rating of “Moderate Buy” and a consensus target price of $97.26.

Read Our Latest Stock Report on Coca-Cola

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.