Coca-Cola Company (The) $KO Shares Acquired by StoneX Group Inc.

StoneX Group Inc. grew its stake in shares of Coca-Cola Company (The) (NYSE:KO) by 128.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 27,276 shares of the company’s stock after acquiring an additional 15,328 shares during the period. StoneX Group Inc.’s holdings in Coca-Cola were worth $2,367,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Bank of America Corp DE raised its holdings in shares of Coca-Cola by 4.4% in the 2nd quarter. Bank of America Corp DE now owns 45,958,636 shares of the company’s stock worth $3,735,058,000 after purchasing an additional 1,939,673 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Coca-Cola by 0.4% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,354,414 shares of the company’s stock valued at $2,954,523,000 after purchasing an additional 162,097 shares during the period. Wellington Management Group LLP grew its holdings in 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 period. Dimensional Fund Advisors LP grew its holdings in Coca-Cola by 1.3% during the first quarter. Dimensional Fund Advisors LP now owns 18,822,295 shares of the company’s stock valued at $1,431,495,000 after purchasing an additional 235,785 shares during the period. Finally, Fayez Sarofim & Co increased its position in Coca-Cola by 0.7% in the second quarter. Fayez Sarofim & Co now owns 15,272,831 shares of the company’s stock worth $1,241,223,000 after buying an additional 113,599 shares during the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Trending Headlines about Coca-Cola

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

• Positive Sentiment: Coca-Cola shares reportedly reached a record high as investors sought defensive stocks amid a market downturn. Its established brands and dividend income may be attracting buyers looking for more resilient businesses. Coca-Cola Stock Hits Record High as Market Crashes
• Positive Sentiment: Recent articles point to Coca-Cola’s shelf presence, distribution reach and consumer habits as sources of a durable competitive advantage. The company’s ability to raise prices while still growing volume supports the long-term investment case. Coca-Cola Stock Is a Buy Thanks to Shelf Space and Habits
• Positive Sentiment: Investors are also focusing on the company’s 64 consecutive years of dividend increases. Its latest quarterly results beat estimates, with revenue up year over year, and coverage says the company raised its outlook and dividend—supporting its earnings and income appeal. Coca-Cola Earnings Beat Lifts Guidance and Dividend
• Positive Sentiment: Margin expansion despite higher marketing spending, supported by productivity gains and disciplined pricing, suggests Coca-Cola is balancing investment with profitability. Can Coca-Cola Keep Expanding Margins While Investing More?
• Neutral Sentiment: Executive Beatriz Perez sold 67,548 shares, but the reported sale was to cover tax withholding on vested equity awards, making it a limited signal about her view of the business. Coca-Cola EVP Share Sale
• Negative Sentiment: After a strong run this year and a move to record levels, valuation may constrain further gains; one dividend-focused article suggests prospective investors consider waiting before buying. Coca-Cola’s Dividend Record and Valuation

Insider Buying and Selling at Coca-Cola

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 transaction of $10,126,419.45. Following the completion of the sale, the insider directly owned 41,365 shares in the company, valued at approximately $3,761,319.45. This represents a 72.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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, EVP Nancy Quan sold 50,000 shares of the company’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 value of $4,519,500.00. Following the transaction, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $20,186,798.70. The trade was a 18.29% decrease in their position. 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. Insiders sold 228,913 shares of company stock valued at $21,056,900 in the last quarter. Company insiders own 0.90% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the company. UBS Group boosted their target price on Coca-Cola from $104.00 to $106.00 and gave the company a “buy” rating in a research note on Wednesday, October 28th. Seaport Research Partners set a $95.00 price target on Coca-Cola in a research report on Friday, August 14th. TD Cowen increased their price target on Coca-Cola from $100.00 to $104.00 and gave the stock a “buy” rating in a research note on Wednesday, October 28th. Barclays lifted their price objective on Coca-Cola from $93.00 to $98.00 and gave the stock an “overweight” rating in a report on Friday, October 16th. Finally, Citigroup boosted their price objective on Coca-Cola from $102.00 to $103.00 and gave the company a “buy” rating in a research note on Wednesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Coca-Cola currently has an average rating of “Moderate Buy” and an average price target of $97.26.

Coca-Cola Trading Up 0.0%

Shares of KO opened at $95.69 on Monday. Coca-Cola Company has a 1-year low of $67.27 and a 1-year high of $97.39. The company has a market capitalization of $411.63 billion, a P/E ratio of 28.14, a P/E/G ratio of 3.73 and a beta of 0.28. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.38 and a quick ratio of 1.19. The firm’s 50 day simple moving average is $89.96 and its 200 day simple moving average is $82.69.

Coca-Cola (NYSE:KO) last posted its quarterly earnings data on Tuesday, October 27th. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. Coca-Cola had a return on equity of 38.79% and a net margin of 28.65%. The firm had revenue of $13.35 billion during the quarter, compared to analysts’ expectations of $12.92 billion. During the same period in the prior year, the business earned $0.82 EPS. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. Sell-side analysts forecast that Coca-Cola Company will post 3.34 earnings per share for the current fiscal year.

Coca-Cola Announces Dividend

The company also recently declared 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 of this dividend is Tuesday, December 1st. This represents a $2.12 annualized dividend and a yield of 2.2%. Coca-Cola’s dividend payout ratio is presently 62.35%.

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.