Coca-Cola Company (The) $KO Stock Bought by Park Avenue Securities LLC

Park Avenue Securities LLC boosted its position in Coca-Cola Company (The) (NYSE:KO) by 13.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 128,911 shares of the company’s stock after purchasing an additional 15,461 shares during the period. Park Avenue Securities LLC’s holdings in Coca-Cola were worth $11,097,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Bank of America Corp DE raised its stake in 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 period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of 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 buying an additional 162,097 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of Coca-Cola by 9.2% during the 2nd 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 period. Dimensional Fund Advisors LP boosted its stake in shares of Coca-Cola by 1.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 18,822,295 shares of the company’s stock worth $1,431,495,000 after acquiring 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 2nd quarter. Fayez Sarofim & Co now owns 15,272,831 shares of the company’s stock worth $1,241,223,000 after acquiring an additional 113,599 shares during the period. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Seaport Research Partners set a $95.00 target price on Coca-Cola in a report on Friday, August 14th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $93.00 price target (up from $83.00) on shares of Coca-Cola in a report on Wednesday, July 29th. HSBC raised 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. Daiwa Securities Group lifted their price objective on shares of Coca-Cola from $83.00 to $93.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Finally, BNP Paribas Exane upped their price objective on shares of Coca-Cola from $90.00 to $98.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $96.59.

Coca-Cola Stock Performance

KO stock opened at $91.33 on Wednesday. Coca-Cola Company has a 52 week low of $67.27 and a 52 week high of $95.37. The company has a market capitalization of $392.94 billion, a PE ratio of 27.43 and a beta of 0.32. The company’s 50-day simple moving average is $89.29 and its 200 day simple moving average is $81.73.

Coca-Cola (NYSE:KO) last issued its quarterly earnings data on Tuesday, October 27th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.03. The business had revenue of $13.40 billion during the quarter, compared to analyst estimates of $12.92 billion. Coca-Cola’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.82 EPS. On average, analysts forecast that Coca-Cola Company will post 3.30 EPS for the current year.

Coca-Cola Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be issued 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 dividend yield of 2.3%. Coca-Cola’s dividend payout ratio (DPR) is currently 63.66%.

Key Headlines Impacting Coca-Cola

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

• Positive Sentiment: Quarterly adjusted EPS was $0.91, above the approximately $0.88 analyst consensus, while revenue reached $13.38 billion versus expectations of $12.92 billion. Revenue increased 7.2% year over year. Coca-Cola Q3 Earnings Beat Estimates on Volume Growth, Outlook Raised
• Positive Sentiment: Global unit case volume grew 5%, organic revenue increased 7%, and Coca-Cola Zero Sugar volume rose 16%, indicating that growth was supported by demand and volume—not solely by pricing. Coca-Cola Organic Revenue Jumps 7% Despite Flat North America Volumes
• Positive Sentiment: Management raised its full-year comparable EPS growth outlook to at least 11%, up from 9% to 10%, marking the third consecutive outlook increase. The company also cited sustained momentum in premium beverages and emerging markets. Coca-Cola Raises Profit Outlook, but Warns Consumer Pressures Could Persist Into 2027
• Positive Sentiment: Year-to-date free cash flow reached $11.4 billion, supporting Coca-Cola’s long-standing dividend appeal and reinforcing its defensive profile for income-oriented investors. Coca-Cola: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Diet Coke remained a notable demand driver, with CEO Henrique Braun dismissing the “fridge cigarette” nickname as consumer-driven branding rather than a business concern.
• Negative Sentiment: North American volume was flat, with weakness in water, sports drinks, coffee, and tea. Investors are concerned that international growth is currently offsetting softness in Coca-Cola’s home market. Coca-Cola Stock Pulls Back Amid Slowing U.S. Demand
• Negative Sentiment: KO had already risen sharply and trades at a premium valuation, with a P/E near 27. Investors may therefore be taking profits after the beat, particularly as management warned that consumer pressures could persist into 2027.

Insider Buying and Selling at Coca-Cola

In related news, EVP Nancy Quan sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total value of $4,519,500.00. Following the completion of the sale, the executive vice president directly owned 223,330 shares in the company, valued at approximately $20,186,798.70. The trade was a 18.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO John Murphy sold 152,483 shares of the stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $87.31, for a total value of $13,313,290.73. Following the sale, the chief financial officer directly owned 279,917 shares in the company, valued at $24,439,553.27. This represents a 35.26% 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 sold a total of 323,806 shares of company stock valued at $28,820,577 over the last ninety days. Company insiders own 0.90% of the company’s stock.

Coca-Cola 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.