Envestnet Asset Management Inc. Sells 525,206 Shares of CocaCola Company (The) $KO

Envestnet Asset Management Inc. trimmed its stake in shares of CocaCola Company (The) (NYSE:KO) by 9.3% in the third quarter, HoldingsChannel.com reports. The fund owned 5,136,546 shares of the company’s stock after selling 525,206 shares during the quarter. Envestnet Asset Management Inc.’s holdings in CocaCola were worth $340,656,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Norges Bank bought a new position in shares of CocaCola during the 2nd quarter worth approximately $3,846,270,000. Vanguard Group Inc. boosted its stake in CocaCola by 1.7% during the 2nd quarter. Vanguard Group Inc. now owns 367,441,971 shares of the company’s stock valued at $25,996,519,000 after purchasing an additional 6,241,163 shares during the last quarter. Laurel Wealth Advisors LLC boosted its position in shares of CocaCola by 7,239.2% during the second quarter. Laurel Wealth Advisors LLC now owns 6,149,632 shares of the company’s stock valued at $435,086,000 after buying an additional 6,065,840 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of CocaCola by 343.3% in the third quarter. Assenagon Asset Management S.A. now owns 4,486,096 shares of the company’s stock valued at $297,518,000 after purchasing an additional 3,474,015 shares during the last quarter. Finally, Schroder Investment Management Group increased its stake in CocaCola by 28.7% in the 2nd quarter. Schroder Investment Management Group now owns 11,713,984 shares of the company’s stock valued at $828,764,000 after buying an additional 2,613,316 shares during the last quarter. 70.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on KO. Weiss Ratings reiterated a “buy (b-)” rating on shares of CocaCola in a research note on Thursday, January 22nd. Barclays restated an “overweight” rating on shares of CocaCola in a research report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $83.00 price target on shares of CocaCola in a report on Thursday, January 29th. Piper Sandler boosted their price objective on CocaCola from $80.00 to $81.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. Finally, TD Cowen reaffirmed a “buy” rating on shares of CocaCola in a research note on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $80.43.

Insider Activity

In related news, EVP Nancy Quan sold 31,625 shares of the stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $71.17, for a total transaction of $2,250,751.25. Following the completion of the sale, the executive vice president directly owned 223,330 shares in the company, valued at $15,894,396.10. This represents a 12.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Manuel Arroyo sold 139,689 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $70.80, for a total transaction of $9,889,981.20. Following the completion of the transaction, the executive vice president owned 58,067 shares in the company, valued at $4,111,143.60. This represents a 70.64% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 211,704 shares of company stock valued at $15,005,595. Insiders own 0.97% of the company’s stock.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Jefferies raised its price target on KO to $88 and kept a Buy rating, signaling analyst conviction and providing near‑term upside support for the shares. Benzinga
• Positive Sentiment: Zacks highlights Coca‑Cola’s strong history of earnings surprises and says KO currently has the setup (metrics and momentum) that makes another quarterly beat likely — a catalyst that can lift the stock into earnings. Will Coca‑Cola (KO) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Unusually large options activity flagged bullish positioning: traders bought roughly 68,341 call contracts (about +35% vs. the call average), which can amplify upside if short‑term momentum continues.
• Positive Sentiment: Analyst/strategy coverage (Zacks) points to KO’s “all‑weather” playbook — marketing, innovation and portfolio strength — supporting steady growth through cycles, reinforcing its defensive, dividend‑oriented appeal. Coca‑Cola’s All‑Weather Strategy
• Positive Sentiment: Investor commentary (Motley Fool) reiterates KO’s low‑risk, dividend‑king status and portfolio reshaping to match consumer trends — a narrative that attracts long‑term income investors. Could Buying Coca‑Cola Today Set You Up for Life?
• Neutral Sentiment: Barron’s warns the consumer‑staples group (including KO) has become frothy after a strong run; that raises valuation risk if broader sentiment rotates back into cyclicals or risk assets. Staples Stocks Are Known for Safety. Now They Look Way Too Frothy.
• Neutral Sentiment: Multiple previews note KO is headed into a scheduled quarterly report and a CEO transition period; coverage pieces focus on valuation and timing rather than new business risks — important background but not immediate upside/downside. Assessing Coca‑Cola (KO) Valuation
• Negative Sentiment: Prediction‑market activity has put Coca‑Cola’s Super Bowl plans under regulatory scrutiny, introducing a potential reputational/regulatory overhang that could create short‑term volatility if investigations follow. Prediction Markets Put Coca‑Cola Super Bowl Plans Under Regulatory Spotlight

CocaCola Price Performance

Shares of CocaCola stock opened at $77.31 on Thursday. The stock has a market capitalization of $332.56 billion, a price-to-earnings ratio of 25.60, a price-to-earnings-growth ratio of 3.95 and a beta of 0.36. The company has a fifty day moving average of $71.10 and a 200-day moving average of $69.64. CocaCola Company has a 52-week low of $62.58 and a 52-week high of $78.11. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.00 and a current ratio of 1.21.

About CocaCola

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.