10,879 Shares in CocaCola Company (The) $KO Bought by Greg Jennings LLC

Greg Jennings LLC acquired a new stake in CocaCola Company (The) (NYSE:KO) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 10,879 shares of the company’s stock, valued at approximately $936,000.

A number of other hedge funds have also recently added to or reduced their stakes in KO. Louisbourg Investments Inc. bought a new position in shares of CocaCola in the 1st quarter worth $25,000. Guardian Partners Inc. acquired a new stake in CocaCola in the 2nd quarter valued at $27,000. Horizons Wealth Management bought a new stake in CocaCola during the 3rd quarter valued at $31,000. Atomic Invest LLC increased its stake in CocaCola by 38.7% during the 2nd quarter. Atomic Invest LLC now owns 437 shares of the company’s stock valued at $36,000 after purchasing an additional 122 shares in the last quarter. Finally, Timbuktu Capital Management LLC acquired a new position in CocaCola during the second quarter worth $41,000. Institutional investors and hedge funds own 70.26% of the company’s stock.

Insider Activity

In other news, insider Bruno Pietracci sold 111,365 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $90.93, for a total value of $10,126,419.45. Following the completion of the sale, the insider owned 41,365 shares in the company, valued at $3,761,319.45. This represents a 72.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO John Murphy sold 152,483 shares of the firm’s stock in a transaction dated Friday, July 31st. The shares were 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 in the company, valued at $24,439,553.27. The trade was a 35.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 926,620 shares of company stock worth $83,075,714. Company insiders own 0.90% of the company’s stock.

Key Stories Impacting CocaCola

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?

CocaCola Stock Down 0.6%

Shares of NYSE:KO traded down $0.54 during mid-day trading on Monday, hitting $93.36. 16,929,317 shares of the company traded hands, compared to its average volume of 16,908,000. The stock has a market cap of $401.69 billion, a P/E ratio of 28.04, a P/E/G ratio of 3.65 and a beta of 0.32. The company has a current ratio of 1.30, a quick ratio of 1.12 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 stock has a 50-day moving average price of $88.47 and a two-hundred day moving average price of $83.39.

CocaCola (NYSE:KO) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.04. The business 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%. CocaCola’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities research analysts forecast that CocaCola Company will post 3.30 earnings per share for the current year.

CocaCola Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, December 1st. CocaCola’s payout ratio is currently 63.66%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on KO shares. Wells Fargo & Company dropped their price objective on shares of CocaCola from $95.00 to $90.00 and set an “overweight” rating on the stock in a research note on Monday, October 5th. BNP Paribas Exane lifted their price objective on shares of CocaCola from $90.00 to $98.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Piper Sandler reissued an “overweight” rating and set a $95.00 target price (up from $88.00) on shares of CocaCola in a research report on Wednesday, September 16th. Daiwa Securities Group boosted their target price on shares of CocaCola from $83.00 to $93.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $93.00 target price (up from $83.00) on shares of CocaCola in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, CocaCola presently has a consensus rating of “Moderate Buy” and a consensus target price of $96.27.

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.