Rakuten Investment Management Inc. boosted its stake in shares of Coca-Cola Company (The) (NYSE:KO – Free Report) by 9.7% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 695,028 shares of the company’s stock after purchasing an additional 61,595 shares during the period. Rakuten Investment Management Inc.’s holdings in Coca-Cola were worth $60,356,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its stake in shares of Coca-Cola by 9.5% during the 1st quarter. Bank of America Corp DE now owns 44,018,963 shares of the company’s stock valued at $3,347,642,000 after buying an additional 3,836,640 shares during the period. OMERS ADMINISTRATION Corp grew its holdings in shares of Coca-Cola by 1,763.2% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 3,383,332 shares of the company’s stock valued at $257,302,000 after acquiring an additional 3,201,742 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Coca-Cola in the third quarter worth $260,682,000. Wellington Management Group LLP increased its stake in shares of Coca-Cola 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 acquiring an additional 2,439,026 shares during the last quarter. Finally, Alecta Tjanstepension Omsesidigt acquired a new position in shares of Coca-Cola in the second quarter worth $197,470,000. Institutional investors and hedge funds own 70.26% of the company’s stock.
Key Stories Impacting Coca-Cola
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
Insider Buying and Selling at Coca-Cola
In other news, insider Sanket Ray sold 9,958 shares of the company’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $86.50, for a total transaction of $861,367.00. Following the completion of the sale, the insider owned 62,105 shares in the company, valued at approximately $5,372,082.50. This represents a 13.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Bruno Pietracci sold 111,365 shares of the company’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $90.93, for a total value of $10,126,419.45. Following the sale, the insider owned 41,365 shares of the company’s stock, valued at approximately $3,761,319.45. This trade represents a 72.92% decrease in their position. 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 have sold a total of 171,323 shares of company stock worth $15,507,286 over the last three months. Corporate insiders own 0.90% of the company’s stock.
Coca-Cola Stock Performance
Shares of KO opened at $94.75 on Wednesday. The company’s fifty day moving average is $89.63 and its 200-day moving average is $82.31. Coca-Cola Company has a 12 month low of $67.27 and a 12 month high of $96.25. The firm has a market cap of $407.59 billion, a price-to-earnings ratio of 27.87, a price-to-earnings-growth ratio of 3.74 and a beta of 0.28. The company has a quick ratio of 1.19, a current ratio of 1.38 and a debt-to-equity ratio of 0.93.
Coca-Cola (NYSE:KO – Get Free Report) last released its quarterly earnings results on Tuesday, October 27th. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. Coca-Cola had a net margin of 28.65% and a return on equity of 38.79%. The business had revenue of $13.35 billion for the quarter, compared to the consensus estimate of $12.92 billion. During the same quarter last year, the firm earned $0.82 EPS. Coca-Cola’s revenue for the quarter was up 7.2% on a year-over-year basis. Equities analysts expect that Coca-Cola Company will post 3.34 EPS for the current fiscal year.
Coca-Cola Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 2.2%. The ex-dividend date is Tuesday, December 1st. Coca-Cola’s dividend payout ratio (DPR) is 62.35%.
Analysts Set New Price Targets
Several analysts recently issued reports on the company. Barclays increased their price objective on Coca-Cola from $93.00 to $98.00 and gave the stock an “overweight” rating in a report on Friday, October 16th. Deutsche Bank Aktiengesellschaft boosted their target price on Coca-Cola from $92.00 to $98.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. raised their price target on Coca-Cola from $95.00 to $98.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 28th. Morgan Stanley raised their price target on Coca-Cola from $100.00 to $103.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 28th. Finally, HSBC lifted their price target on Coca-Cola from $90.00 to $98.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $97.26.
Get Our Latest Stock Analysis on KO
Coca-Cola Company Profile
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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