Retirement Planning Group LLC Buys 9,056 Shares of CocaCola Company (The) $KO

Retirement Planning Group LLC lifted its stake in CocaCola Company (The) (NYSE:KO) by 70.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,876 shares of the company’s stock after buying an additional 9,056 shares during the period. Retirement Planning Group LLC’s holdings in CocaCola were worth $1,451,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Klingman & Associates LLC grew its position in CocaCola by 32.8% during the 3rd quarter. Klingman & Associates LLC now owns 19,483 shares of the company’s stock worth $1,292,000 after acquiring an additional 4,807 shares during the last quarter. Family Capital Management Inc. boosted its stake in shares of CocaCola by 5.0% during the third quarter. Family Capital Management Inc. now owns 5,901 shares of the company’s stock valued at $391,000 after purchasing an additional 283 shares during the period. PBMares Wealth Management LLC grew its holdings in shares of CocaCola by 12.5% in the third quarter. PBMares Wealth Management LLC now owns 4,508 shares of the company’s stock worth $299,000 after purchasing an additional 500 shares during the last quarter. Concurrent Investment Advisors LLC increased its stake in shares of CocaCola by 1.8% in the third quarter. Concurrent Investment Advisors LLC now owns 228,389 shares of the company’s stock worth $15,147,000 after buying an additional 4,113 shares during the period. Finally, Liberty One Investment Management LLC raised its holdings in CocaCola by 93.6% during the 3rd quarter. Liberty One Investment Management LLC now owns 875,107 shares of the company’s stock valued at $58,052,000 after buying an additional 423,051 shares during the last quarter. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other CocaCola news, COO Henrique Braun sold 40,390 shares of the stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $70.93, for a total value of $2,864,862.70. Following the completion of the transaction, the chief operating officer owned 62,621 shares in the company, valued at approximately $4,441,707.53. This represents a 39.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Max R. Levchin acquired 7,206 shares of the stock in a transaction on Friday, October 24th. The shares were purchased at an average cost of $69.87 per share, with a total value of $503,483.22. Following the transaction, the director directly owned 14,267 shares of the company’s stock, valued at approximately $996,835.29. This trade represents a 102.05% increase in their position. The SEC filing for this purchase provides additional information. Insiders sold 225,252 shares of company stock valued at $15,953,007 over the last 90 days. 0.97% of the stock is currently owned by company insiders.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Wells Fargo upgraded KO to a buy, giving the stock momentum as investors respond to a favorable analyst view pointing to upside versus peers. Coca-Cola (KO) Gets a Buy from Wells Fargo
• Positive Sentiment: Coca‑Cola announced a major leadership reshuffle to accelerate digital transformation and created a new digital role; Henrique Braun is set to become CEO this spring — moves that investors see as clarifying succession and prioritizing growth/efficiency initiatives. Coca-Cola Reshapes Leadership to Speed Digital Transformation
• Neutral Sentiment: Analysts remain mixed on KO despite the upgrade and leadership news, producing conflicting sentiment that could mute upside until the market sees execution on digital initiatives and capital allocation. Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Constellation Brands (STZ) and Coca-Cola (KO)
• Negative Sentiment: Coca‑Cola has halted the sale process for Costa Coffee after bids fell short of expectations — a negative for near-term cash proceeds and a sign that private equity appetite/valuations for the asset are weaker than the company hoped. Coca‑Cola scraps Costa Coffee sale, FT reports

Analyst Ratings Changes

KO has been the topic of a number of recent analyst reports. Piper Sandler raised their price target on shares of CocaCola from $80.00 to $81.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. Cowen reissued a “buy” rating on shares of CocaCola in a research note on Wednesday, October 22nd. Weiss Ratings restated a “buy (b-)” rating on shares of CocaCola in a report on Wednesday, October 8th. TD Cowen increased their price objective on CocaCola from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Wednesday, October 22nd. Finally, UBS Group reiterated a “buy” rating on shares of CocaCola in a research report on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $79.08.

CocaCola Stock Performance

Shares of KO opened at $71.35 on Thursday. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.21 and a quick ratio of 1.00. CocaCola Company has a one year low of $61.32 and a one year high of $74.38. The company has a 50-day simple moving average of $70.58 and a two-hundred day simple moving average of $69.34. The firm has a market capitalization of $306.92 billion, a PE ratio of 23.63, a price-to-earnings-growth ratio of 3.66 and a beta of 0.39.

CocaCola (NYSE:KO) last posted its earnings results on Tuesday, October 21st. The company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.04. CocaCola had a return on equity of 43.62% and a net margin of 27.34%.The firm had revenue of $12.46 billion for the quarter, compared to the consensus estimate of $12.46 billion. During the same quarter in the prior year, the business earned $0.77 EPS. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. CocaCola has set its FY 2025 guidance at 2.966-2.966 EPS. On average, analysts anticipate that CocaCola Company will post 2.96 EPS for the current fiscal year.

CocaCola Company Profile

The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.