Coca-Cola Company (The) $KO Shares Purchased by Provenance Wealth Advisors LLC

Provenance Wealth Advisors LLC boosted its holdings in Coca-Cola Company (The) (NYSE:KO) by 3,586.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 41,804 shares of the company’s stock after acquiring an additional 40,670 shares during the quarter. Provenance Wealth Advisors LLC’s holdings in Coca-Cola were worth $3,598,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of KO. Banco Santander S.A. grew its holdings in shares of Coca-Cola by 3.1% in the 2nd quarter. Banco Santander S.A. now owns 1,090,758 shares of the company’s stock worth $88,646,000 after acquiring an additional 32,723 shares during the last quarter. CX Institutional lifted its holdings in shares of Coca-Cola by 402.3% during the third quarter. CX Institutional now owns 163,248 shares of the company’s stock valued at $14,052,000 after purchasing an additional 130,746 shares during the last quarter. Daymark Wealth Partners LLC lifted its holdings in shares of Coca-Cola by 68.5% during the second quarter. Daymark Wealth Partners LLC now owns 218,199 shares of the company’s stock valued at $17,733,000 after purchasing an additional 88,690 shares during the last quarter. Moore Capital Management LP acquired a new position in shares of Coca-Cola in the 2nd quarter valued at $12,905,000. Finally, Cidel Asset Management Inc. boosted its position in shares of Coca-Cola by 2,091.3% in the 2nd quarter. Cidel Asset Management Inc. now owns 361,934 shares of the company’s stock valued at $29,414,000 after purchasing an additional 345,417 shares during the period. 70.26% of the stock is owned by institutional investors and hedge funds.

Coca-Cola Trading Down 1.1%

Shares of NYSE KO opened at $94.75 on Wednesday. Coca-Cola Company has a one year low of $67.27 and a one year high of $96.25. The firm has a market capitalization of $407.59 billion, a PE ratio of 27.87, a PEG ratio of 3.74 and a beta of 0.28. The company has a current ratio of 1.38, a quick ratio of 1.19 and a debt-to-equity ratio of 0.93. The business has a 50-day moving average price of $89.63 and a two-hundred day moving average price of $82.31.

Coca-Cola (NYSE:KO) last released its earnings results on Tuesday, October 27th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.03. The company had revenue of $13.35 billion for the quarter, compared to analysts’ expectations of $12.92 billion. Coca-Cola had a return on equity of 38.79% and a net margin of 28.65%. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.82 EPS. As a group, analysts predict that Coca-Cola Company will post 3.34 earnings per share for the current fiscal year.

Coca-Cola Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Tuesday, December 1st. Coca-Cola’s dividend payout ratio (DPR) is currently 62.35%.

Wall Street Analysts Forecast Growth

KO has been the subject of several recent analyst reports. Citigroup raised their target price on shares of Coca-Cola from $102.00 to $103.00 and gave the stock a “buy” rating in a report on Wednesday, October 28th. Argus upped their price target on shares of Coca-Cola from $91.00 to $97.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Coca-Cola from $92.00 to $98.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $93.00 price objective (up from $83.00) on shares of Coca-Cola in a research note on Wednesday, July 29th. Finally, Bank of America lifted their price objective on shares of Coca-Cola from $95.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $97.26.

Key Headlines Impacting Coca-Cola

Here are the key news stories impacting Coca-Cola this week:

• Positive Sentiment: Coca-Cola’s 64-year record of annual dividend increases supports its appeal to income-focused investors. Berkshire Hathaway is expected to collect about $848 million in KO dividends in 2026. Article: Coca-Cola vs. Monster Beverage
• Positive Sentiment: Coverage says Coca-Cola is passing higher costs on to consumers, demonstrating pricing power while inflation persists. Other coverage notes continued revenue and earnings growth and a generally upward revenue trend. Article: Coca-Cola Is Exercising its Pricing Power as Inflation Persists
• Neutral Sentiment: A six-month outlook article focuses on what may determine KO’s next stretch, but the supplied listing does not specify its conclusions. Article: What Will Decide Coca-Cola Stock Over The Next Six Months?
• Negative Sentiment: Some commentary frames Coca-Cola as a defensive “shelter” investment rather than a strong-growth story, which may weigh on sentiment when investors seek faster growth. A reported reduction in the consensus price target adds a cautionary signal, though the cited target is in Swiss francs. Article: Coca-Cola: Investors Are Buying Shelter, Not Growth

Insider Buying and Selling

In related news, EVP Nancy Quan sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the transaction, the executive vice president directly owned 223,330 shares of the company’s stock, valued at approximately $20,186,798.70. The trade was a 18.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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 company’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $86.50, for a total transaction of $861,367.00. Following the completion of the transaction, the insider owned 62,105 shares in the company, valued at approximately $5,372,082.50. This represents a 13.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 171,323 shares of company stock worth $15,507,286. 0.90% of the stock is owned by company insiders.

Coca-Cola Company 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.