Coca-Cola Company (The) $KO Stock Sold by ProShare Advisors LLC

ProShare Advisors LLC lessened its holdings in Coca-Cola Company (The) (NYSE:KO) by 5.4% in the third quarter, HoldingsChannel.com reports. The firm owned 2,692,855 shares of the company’s stock after selling 152,758 shares during the period. ProShare Advisors LLC’s holdings in Coca-Cola were worth $231,801,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Bank of America Corp DE increased its position in Coca-Cola by 4.4% in the 2nd quarter. Bank of America Corp DE now owns 45,958,636 shares of the company’s stock worth $3,735,058,000 after purchasing an additional 1,939,673 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Coca-Cola by 0.4% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,354,414 shares of the company’s stock worth $2,954,523,000 after buying an additional 162,097 shares in the last quarter. Wellington Management Group LLP boosted its position in Coca-Cola by 9.2% in the 2nd quarter. Wellington Management Group LLP now owns 29,053,752 shares of the company’s stock valued at $2,361,198,000 after buying an additional 2,439,026 shares during the last quarter. Dimensional Fund Advisors LP grew its position 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 buying an additional 235,785 shares during the period. Finally, Fayez Sarofim & Co grew its stake in shares of Coca-Cola by 0.7% during the second quarter. Fayez Sarofim & Co now owns 15,272,831 shares of the company’s stock worth $1,241,223,000 after purchasing an additional 113,599 shares during the period. 70.26% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

KO has been the subject of several research analyst reports. DZ Bank reiterated a “buy” rating on shares of Coca-Cola in a report on Wednesday, July 29th. Freedom Broker boosted their target price on shares of Coca-Cola from $85.00 to $89.00 and gave the stock a “hold” rating in a report on Wednesday. Weiss Ratings downgraded shares of Coca-Cola from a “buy (a+)” rating to a “buy (a)” rating in a research note on Friday, October 23rd. Sanford C. Bernstein reiterated a “market perform” rating and issued a $93.00 price objective (up from $83.00) on shares of Coca-Cola in a research note on Wednesday, July 29th. Finally, Morgan Stanley raised their target price on Coca-Cola from $100.00 to $103.00 and gave the stock an “overweight” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $97.26.

Coca-Cola Stock Up 1.4%

KO stock opened at $94.11 on Friday. The stock has a market cap of $404.85 billion, a P/E ratio of 27.68, a PEG ratio of 3.67 and a beta of 0.32. The company has a quick ratio of 1.12, a current ratio of 1.38 and a debt-to-equity ratio of 0.93. The business’s 50-day moving average price is $89.47 and its 200-day moving average price is $82.07. Coca-Cola Company has a twelve month low of $67.27 and a twelve month high of $95.37.

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. 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 analysts’ expectations of $12.92 billion. During the same period in the previous year, the firm posted $0.82 earnings per share. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. On average, equities research analysts forecast that Coca-Cola Company will post 3.34 EPS for the current 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 issued a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, December 1st. Coca-Cola’s dividend payout ratio (DPR) is currently 62.35%.

Coca-Cola News Roundup

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.

Insider Activity

In related 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 value of $861,367.00. Following the completion of the sale, the insider directly owned 62,105 shares of the company’s stock, valued at $5,372,082.50. This represents a 13.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Nancy Quan sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were 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 of the company’s stock, valued at $20,186,798.70. This represents a 18.29% decrease in their ownership of the stock. 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. In the last 90 days, insiders have sold 171,323 shares of company stock valued at $15,507,286. 0.90% of the stock is currently owned by company insiders.

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.