Fairvoy Private Wealth LLC increased its stake in shares of CocaCola Company (The) (NYSE:KO – Free Report) by 80.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 26,438 shares of the company’s stock after acquiring an additional 11,798 shares during the quarter. Fairvoy Private Wealth LLC’s holdings in CocaCola were worth $2,276,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of KO. Bank of America Corp DE increased its holdings in CocaCola by 9.5% in 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 acquiring an additional 3,836,640 shares during the last quarter. OMERS ADMINISTRATION Corp boosted its holdings in shares of CocaCola 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 purchasing an additional 3,201,742 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of CocaCola by 9.2% during 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 purchasing an additional 2,439,026 shares during the last quarter. Alecta Tjanstepension Omsesidigt purchased a new position in shares of CocaCola during the second quarter valued at about $197,470,000. Finally, Fifth Third Bancorp grew its position in shares of CocaCola by 76.5% during the first quarter. Fifth Third Bancorp now owns 2,999,625 shares of the company’s stock valued at $228,121,000 after purchasing an additional 1,300,577 shares in the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In related news, insider Sanket Ray sold 9,958 shares of the firm’s stock in a transaction on 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 in the company, valued at $5,372,082.50. This trade 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 available through this hyperlink. Also, CFO John Murphy sold 152,483 shares of CocaCola stock in a transaction on Friday, July 31st. The stock was sold at an average price of $87.31, for a total transaction of $13,313,290.73. Following the transaction, the chief financial officer directly owned 279,917 shares of the company’s stock, valued at $24,439,553.27. The trade was a 35.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 926,620 shares of company stock worth $83,075,714. Company insiders own 0.90% of the company’s stock.
CocaCola Trading Down 0.6%
KO traded down $0.54 on Monday, hitting $93.36. The company had a trading volume of 16,929,317 shares, compared to its average volume of 16,908,000. The business’s fifty day simple moving average is $88.47 and its 200 day simple moving average is $83.39. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. CocaCola Company has a 12-month low of $67.27 and a 12-month high of $94.10. The company has a market cap of $401.69 billion, a PE ratio of 28.04, a PEG ratio of 3.65 and a beta of 0.32.
CocaCola (NYSE:KO – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. CocaCola had a return on equity of 39.38% and a net margin of 28.56%. The business had revenue of $13.37 billion for the quarter, compared to the consensus estimate of $13.17 billion. During the same period in the prior year, the business posted $0.87 earnings per share. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Equities research analysts expect that CocaCola Company will post 3.30 EPS for the current year.
CocaCola Dividend Announcement
The business 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 $0.53 dividend. The ex-dividend date is Tuesday, December 1st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.3%. CocaCola’s payout ratio is 63.66%.
More CocaCola News
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: KFC will switch its U.S. beverage partnership to Coca-Cola in January 2027, bringing KO products to approximately 3,700–4,000 restaurants by spring. The agreement expands Coca-Cola’s fountain presence, creates additional consumption occasions and represents a competitive win over PepsiCo. Is KFC Drink Deal Altering The Investment Case For Coca Cola?
- Positive Sentiment: Analysts and commentators view the KFC win as strategically more important than its immediate revenue contribution, highlighting Coca-Cola’s marketing, exclusive beverage offerings and restaurant technology as tools for winning foodservice accounts. Coca-Cola’s KFC Win Is About More Than Soda
- Positive Sentiment: Coca-Cola continues to attract income-focused investors because of its scale, diversified portfolio, defensive demand and long record of dividend increases. Recent articles emphasize the potential for compounding through regular investments and dividend reinvestment. Coca-Cola Dividend Income Over 10 Years
- Neutral Sentiment: Coca-Cola has materially outperformed the broader market over the past year, and its low beta and dependable dividend continue to position KO as a defensive holding as market volatility returns. However, the strong run may limit near-term upside. What Are Coca-Cola Stock Bulls Not Worried About?
- Negative Sentiment: Management has identified ongoing financial pressure on shoppers. Although Coca-Cola recently raised its annual revenue and profit outlook after strong sales linked partly to the FIFA World Cup, weaker consumer purchasing power remains a risk to volumes and product mix. What Are Coca-Cola Stock Bulls Not Worried About?
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on KO shares. Evercore reaffirmed an “outperform” rating and issued a $100.00 target price (up from $88.00) on shares of CocaCola in a report on Tuesday, July 28th. DZ Bank reiterated a “buy” rating on shares of CocaCola in a research report on Wednesday, July 29th. Morgan Stanley reissued an “overweight” rating and set a $100.00 price target (up from $89.00) on shares of CocaCola in a research note on Wednesday, July 29th. Barclays raised their price target on CocaCola from $93.00 to $98.00 and gave the company an “overweight” rating in a report on Friday. Finally, Rothschild & Co Redburn raised their price target on CocaCola from $86.00 to $92.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, CocaCola has an average rating of “Moderate Buy” and an average price target of $96.27.
Get Our Latest Report on CocaCola
CocaCola 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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