Kestra Advisory Services LLC boosted its holdings in Coca-Cola Company (The) (NYSE:KO – Free Report) by 7.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 806,777 shares of the company’s stock after acquiring an additional 57,561 shares during the quarter. Kestra Advisory Services LLC’s holdings in Coca-Cola were worth $69,447,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Guardian Partners Inc. purchased a new position in shares of Coca-Cola in the second quarter worth $27,000. Horizons Wealth Management bought a new position in shares of Coca-Cola during the third quarter valued at $31,000. Atomic Invest LLC boosted its position in shares of Coca-Cola by 38.7% during the second quarter. Atomic Invest LLC now owns 437 shares of the company’s stock valued at $36,000 after buying an additional 122 shares during the last quarter. Putney Financial Group LLC purchased a new stake in shares of Coca-Cola during the third quarter valued at $43,000. Finally, Timbuktu Capital Management LLC bought a new stake in Coca-Cola in the 2nd quarter worth about $41,000. 70.26% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
KO has been the subject of a number of recent analyst reports. Piper Sandler boosted their target price on Coca-Cola from $95.00 to $102.00 and gave the stock an “overweight” rating in a research report on Monday, October 26th. Jefferies Financial Group raised their price target on shares of Coca-Cola from $95.00 to $104.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Rothschild & Co Redburn lifted their price target on shares of Coca-Cola from $86.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Bank of America boosted their price objective on shares of Coca-Cola from $95.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Coca-Cola from $95.00 to $98.00 and gave the company an “overweight” rating in a research report on Wednesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $97.26.
View Our Latest Analysis on KO
Coca-Cola Trading Up 0.0%
Coca-Cola stock opened at $95.83 on Friday. The business has a 50-day simple moving average of $89.83 and a two-hundred day simple moving average of $82.57. The company has a market cap of $412.23 billion, a P/E ratio of 28.18, a P/E/G ratio of 3.74 and a beta of 0.28. Coca-Cola Company has a 52-week low of $67.27 and a 52-week high of $97.39. 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 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03. Coca-Cola had a net margin of 28.65% and a return on equity of 38.79%. The firm had revenue of $13.35 billion during the quarter, compared to analyst estimates of $12.92 billion. During the same quarter in the prior year, the firm earned $0.82 EPS. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. Analysts predict that Coca-Cola Company will post 3.34 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. Investors of record on Tuesday, December 1st will be given 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 payout ratio is 62.35%.
More Coca-Cola News
Here are the key news stories impacting Coca-Cola this week:
- Positive Sentiment: Coca-Cola’s third-quarter sales and earnings beat expectations, and the company raised its 2026 earnings outlook and lifted its dividend for the 64th consecutive year. The results and guidance reinforce the company’s earnings and income appeal. Does Raised 2026 Guidance Change The Bull Case For Coca Cola Stock?
- Positive Sentiment: Analysts highlighted continued margin expansion despite higher marketing spending, supported by productivity improvements and disciplined pricing—an encouraging sign that Coca-Cola can invest in growth while protecting profitability. Can Coca-Cola Keep Expanding Margins While Investing More?
- Positive Sentiment: Pricing power has not come at the expense of demand: a separate report noted that price increases contributed to sales growth while beverage volume also rose. That combination supports the durability of Coca-Cola’s growth. 1 Reason to Hold Coca-Cola Stock for 10 Years
- Neutral Sentiment: Coca-Cola is reportedly considering an IPO for its India bottling operations, but discussions are preliminary and no decision or timeline has been announced. Coca-Cola Weighs India Bottling IPO
- Neutral Sentiment: EVP Beatriz Perez sold shares, but the transaction was reported as covering tax withholding on vested equity awards, which makes it less informative as a signal about the company’s prospects. Coca-Cola EVP Share Sale
Insider Buying and Selling at Coca-Cola
In other Coca-Cola news, insider Sanket Ray sold 9,958 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $86.50, for a total transaction of $861,367.00. Following the completion of the sale, the insider directly owned 62,105 shares of the company’s stock, valued at approximately $5,372,082.50. This represents a 13.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Beatriz Perez sold 67,548 shares of the stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 160,428 shares in the company, valued at $15,226,221.48. The trade was a 29.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 valued at $21,918,267 in the last ninety days. Corporate insiders own 0.90% of the company’s stock.
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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