Ibex Wealth Advisors purchased a new position in Coca-Cola Company (The) (NYSE:KO – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 55,684 shares of the company’s stock, valued at approximately $4,793,000.
Several other hedge funds have also recently added to or reduced their stakes in KO. Bank of America Corp DE grew its holdings in shares of Coca-Cola by 9.5% in the 1st quarter. Bank of America Corp DE now owns 44,018,963 shares of the company’s stock worth $3,347,642,000 after acquiring an additional 3,836,640 shares during the last quarter. OMERS ADMINISTRATION Corp raised its position in shares of Coca-Cola by 1,763.2% during the first quarter. OMERS ADMINISTRATION Corp now owns 3,383,332 shares of the company’s stock worth $257,302,000 after purchasing an additional 3,201,742 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Coca-Cola during the third quarter worth $260,682,000. Wellington Management Group LLP lifted its holdings in shares of Coca-Cola by 9.2% during the second 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. Finally, Alecta Tjanstepension Omsesidigt purchased a new stake in shares of Coca-Cola during the second quarter valued at $197,470,000. Institutional investors and hedge funds own 70.26% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on KO shares. Daiwa Securities Group lifted their price target on Coca-Cola from $83.00 to $93.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. BNP Paribas Exane boosted their price objective on Coca-Cola from $90.00 to $98.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Weiss Ratings lowered shares of Coca-Cola from a “buy (a+)” rating to a “buy (a)” rating in a research note on Friday, October 23rd. UBS Group upped their price objective on shares of Coca-Cola from $104.00 to $106.00 and gave the company a “buy” rating in a research note on Wednesday, October 28th. Finally, Wells Fargo & Company raised their target price on shares of Coca-Cola from $90.00 to $100.00 and gave the stock an “overweight” rating in a report on Wednesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $97.26.
Read Our Latest Analysis on Coca-Cola
Coca-Cola Stock Up 1.7%
NYSE:KO traded up $1.64 during trading hours on Friday, hitting $99.08. 18,016,764 shares of the stock traded hands, compared to its average volume of 18,540,020. The firm has a 50 day moving average price of $90.83 and a 200 day moving average price of $83.31. The firm has a market cap of $426.24 billion, a price-to-earnings ratio of 29.14, a PEG ratio of 3.80 and a beta of 0.28. Coca-Cola Company has a fifty-two week low of $67.27 and a fifty-two week high of $99.30. The company has a current ratio of 1.38, a quick ratio of 1.19 and a debt-to-equity ratio of 0.93.
Coca-Cola (NYSE:KO – Get Free Report) last issued its earnings results on Tuesday, October 27th. The company reported $0.91 EPS 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 business had revenue of $13.35 billion during the quarter, compared to analysts’ expectations of $12.92 billion. During the same quarter last year, the firm posted $0.82 earnings per share. Coca-Cola’s revenue was up 7.2% compared to the same quarter last year. Equities research analysts anticipate that Coca-Cola Company will post 3.34 earnings per share for the current year.
Coca-Cola Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be given a dividend of $0.53 per share. The ex-dividend date is Tuesday, December 1st. This represents a $2.12 dividend on an annualized basis and a yield of 2.1%. Coca-Cola’s dividend payout ratio (DPR) is presently 62.35%.
Coca-Cola News Summary
Here’s some of the latest news about KO:
- Positive Sentiment: Call-option activity was unusually high, with traders acquiring about 60,740 contracts—roughly 18% above typical volume. This may signal increased bullish positioning, though options activity is not a guarantee of future performance.
- Positive Sentiment: Zacks Research reportedly raised its FY2026 EPS estimates. Recent coverage also points to revenue growth, rising volumes, brand innovation and an upbeat 2026 outlook as supports for the investment case. Coca-Cola Stock Hits 52-Week High: Should You Buy Now or Wait?
- Neutral Sentiment: The latest analyst estimate updates are mixed: FY2026 estimates were lifted, while Zacks Research trimmed its Q1 2028 EPS estimate slightly, from $0.95 to $0.94. FY2026 EPS Estimates for Coca-Cola Lifted by Zacks Research
Insiders Place Their Bets
In other Coca-Cola news, EVP Nancy Quan sold 20,585 shares of the firm’s stock in a transaction dated Thursday, November 5th. The stock was sold at an average price of $95.62, for a total transaction of $1,968,337.70. Following the completion of the sale, the executive vice president directly owned 223,330 shares in the company, valued at approximately $21,354,814.60. This trade represents a 8.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Beatriz Perez sold 67,548 shares of Coca-Cola stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $94.91, for a total value of $6,410,980.68. Following the transaction, the executive vice president directly owned 160,428 shares in the company, valued at approximately $15,226,221.48. This trade represents a 29.63% decrease in their position. 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 ninety days, insiders sold 249,498 shares of company stock worth $23,025,238. 0.90% of the stock is currently owned by company insiders.
About Coca-Cola
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.
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