Canandaigua National Trust Co of Florida Buys 26,694 Shares of CocaCola Company (The) $KO

Canandaigua National Trust Co of Florida bought a new stake in CocaCola Company (The) (NYSE:KO) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 26,694 shares of the company’s stock, valued at approximately $2,298,000. CocaCola makes up approximately 1.3% of Canandaigua National Trust Co of Florida’s holdings, making the stock its 18th biggest holding.

A number of other institutional investors have also made changes to their positions in the business. Cardano Risk Management B.V. lifted its position in shares of CocaCola by 867.2% during the fourth quarter. Cardano Risk Management B.V. now owns 14,432,190 shares of the company’s stock worth $1,008,954,000 after purchasing an additional 12,939,959 shares in the last quarter. Auto Owners Insurance Co raised its position in shares of CocaCola by 10,842.4% during the 4th quarter. Auto Owners Insurance Co now owns 4,781,844 shares of the company’s stock valued at $33,430,000 after acquiring an additional 4,738,144 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of CocaCola by 15.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 31,747,305 shares of the company’s stock valued at $2,219,454,000 after acquiring an additional 4,207,841 shares during the last quarter. Bank of America Corp DE lifted its stake in CocaCola by 9.5% in the first quarter. Bank of America Corp DE now owns 44,018,963 shares of the company’s stock valued at $3,347,642,000 after buying an additional 3,836,640 shares during the period. Finally, OMERS ADMINISTRATION Corp raised its position in shares of CocaCola by 1,763.2% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 3,383,332 shares of the company’s stock valued at $257,302,000 after acquiring an additional 3,201,742 shares during the period. 70.26% of the stock is owned by institutional investors.

Analysts Set New Price Targets

KO has been the topic of several recent analyst reports. Royal Bank Of Canada lifted their price objective on CocaCola from $87.00 to $96.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. lowered their target price on CocaCola from $96.00 to $95.00 and set an “overweight” rating for the company in a research note on Monday, September 28th. HSBC raised their target price on shares of CocaCola from $90.00 to $98.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $93.00 price target (up from $83.00) on shares of CocaCola in a report on Wednesday, July 29th. Finally, Argus increased their price objective on shares of CocaCola from $91.00 to $97.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, CocaCola currently has a consensus rating of “Moderate Buy” and a consensus price target of $95.95.

CocaCola Stock Down 0.4%

Shares of KO stock traded down $0.38 on Wednesday, hitting $85.79. 12,953,452 shares of the stock were exchanged, compared to its average volume of 16,934,100. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97. The firm has a market capitalization of $369.11 billion, a P/E ratio of 25.76, a price-to-earnings-growth ratio of 3.37 and a beta of 0.32. CocaCola Company has a fifty-two week low of $66.00 and a fifty-two week high of $92.49. The business has a 50-day moving average of $88.08 and a 200 day moving average of $82.57.

CocaCola (NYSE:KO) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The firm had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The business’s revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Equities analysts anticipate that CocaCola Company will post 3.29 EPS for the current year.

CocaCola Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th were given a dividend of $0.53 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $2.12 annualized dividend and a yield of 2.5%. CocaCola’s payout ratio is 63.66%.

Insider Activity

In related news, EVP Nancy Quan sold 50,000 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the sale, the executive vice president owned 223,330 shares in the company, valued at approximately $20,186,798.70. This represents a 18.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Sanket Ray sold 9,958 shares of the stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $86.50, for a total value of $861,367.00. Following the transaction, the insider directly owned 62,105 shares of the company’s stock, valued at $5,372,082.50. This trade represents a 13.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 926,620 shares of company stock worth $83,075,714. 0.90% of the stock is currently owned by company insiders.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola is launching or bringing back several products, including banana- and vanilla-flavored beverages and sugar-free probiotic drinks. The product expansion is intended to capture demand for more varied and health-oriented options. Coca-Cola Stock Fizzes on New Banana, Vanilla and Better-for-You Soda Launches
• Positive Sentiment: Wells Fargo reaffirmed its Buy rating on KO, providing continued analyst support for the shares. Wells Fargo Reaffirms Buy Rating on Coca-Cola
• Positive Sentiment: Coca-Cola continues to be highlighted as a defensive dividend investment, having increased its dividend for 64 consecutive years. Its roughly 2.5% yield and established global business may appeal to investors seeking dependable income. Coca-Cola Dividend Investment Analysis
• Neutral Sentiment: Commentary comparing Coca-Cola with PepsiCo suggests KO is benefiting from a more favorable relative outlook ahead of PepsiCo’s earnings, although the discussion is opinion-based rather than a new company-specific catalyst. Jim Cramer Compares PepsiCo and Coca-Cola
• Negative Sentiment: Analysts note that GLP-1 drug usage could alter beverage consumption patterns. Coca-Cola’s new offerings may help offset that risk, but the shift creates uncertainty about long-term demand and growth. Coca-Cola New Drinks and GLP-1 Demand
• Negative Sentiment: KO trades at a valuation premium to the broader market, meaning investors need sustained earnings growth to justify the price. Commentary also suggests Coca-Cola’s investment profile is shifting from pricing power toward product innovation and volume growth. Has Coca-Cola Stock Become a Different Bet

About CocaCola

The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Its portfolio includes sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and other ready-to-drink products. The company’s best-known brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, Powerade, Minute Maid, fairlife, and Georgia Coffee.

Founded in 1886, the company develops, owns, licenses, markets, and distributes beverage brands through a network of bottling partners, distributors, retailers, and food-service operators.