Coca-Cola Company (The) $KO Shares Acquired by Fisher Asset Management LLC

Fisher Asset Management LLC grew its stake in Coca-Cola Company (The) (NYSE:KO) by 5.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 6,903,071 shares of the company’s stock after buying an additional 384,780 shares during the period. Fisher Asset Management LLC’s holdings in Coca-Cola were worth $594,216,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Guardian Partners Inc. purchased a new position in shares of Coca-Cola during the 2nd quarter valued at about $27,000. Horizons Wealth Management bought a new position in shares of Coca-Cola during the 3rd quarter valued at approximately $31,000. Atomic Invest LLC increased its holdings in Coca-Cola by 38.7% in the 2nd quarter. Atomic Invest LLC now owns 437 shares of the company’s stock worth $36,000 after acquiring an additional 122 shares in the last quarter. Putney Financial Group LLC purchased a new stake in Coca-Cola in the 3rd quarter worth approximately $43,000. Finally, Timbuktu Capital Management LLC purchased a new stake in Coca-Cola in the 2nd quarter worth approximately $41,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on KO. Morgan Stanley raised their target price on shares of Coca-Cola from $100.00 to $103.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 28th. CICC Research upped their price target on shares of Coca-Cola from $85.00 to $95.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th. UBS Group increased their price objective on shares of Coca-Cola from $104.00 to $106.00 and gave the stock a “buy” rating in a research note on Wednesday, October 28th. Freedom Broker increased their price objective on shares of Coca-Cola from $85.00 to $89.00 and gave the stock a “hold” rating in a research note on Wednesday, October 28th. Finally, DZ Bank restated a “buy” rating on shares of Coca-Cola in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Coca-Cola currently has a consensus rating of “Moderate Buy” and a consensus target price of $97.26.

Latest Coca-Cola News

Here’s some of the latest news about KO:

• Positive Sentiment: Zacks Research raised several earnings forecasts, including FY2026 EPS to $3.34 from $3.29 and FY2028 EPS to $3.78 from $3.74, signaling improved expectations for longer-term earnings. Zacks Research earnings estimate updates
• Neutral Sentiment: Coca-Cola announced that President and CFO John Murphy will speak at the Morgan Stanley Global Consumer & Retail Conference on December 2. The notice did not include new financial guidance. The Coca-Cola Company Announces Participation in Morgan Stanley Global Consumer & Retail Conference
• Negative Sentiment: Some analysts caution that KO’s valuation is elevated after its run-up, and Zacks Research trimmed its Q1 2028 EPS estimate slightly, from $0.95 to $0.94. These factors could weigh on investor appetite despite the positive business outlook. Coca-Cola Stock Hits 52-Week High: Should You Buy Now or Wait?

Insider Buying and Selling

In other Coca-Cola news, EVP Nancy Quan sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total value of $4,519,500.00. Following the completion of the transaction, the executive vice president directly owned 223,330 shares in the company, valued at $20,186,798.70. This represents a 18.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 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 the stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $94.91, for a total transaction of $6,410,980.68. Following the sale, the executive vice president directly owned 160,428 shares of the company’s stock, valued at approximately $15,226,221.48. This trade represents a 29.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 249,498 shares of company stock valued at $23,025,238. Corporate insiders own 0.90% of the company’s stock.

Coca-Cola Price Performance

Shares of Coca-Cola stock opened at $97.40 on Friday. The stock’s 50-day simple moving average is $90.62 and its 200-day simple moving average is $83.18. Coca-Cola Company has a 52 week low of $67.27 and a 52 week high of $98.38. The company has a market capitalization of $419.02 billion, a price-to-earnings ratio of 28.65, a PEG ratio of 3.81 and a beta of 0.28. The company has a quick ratio of 1.19, a current ratio of 1.38 and a debt-to-equity ratio of 0.93.

Coca-Cola (NYSE:KO) last released its earnings results on Tuesday, October 27th. The company reported $0.91 earnings per share (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 firm had revenue of $13.35 billion during the quarter, compared to analysts’ expectations of $12.92 billion. During the same quarter last year, the business posted $0.82 earnings per share. The firm’s revenue was up 7.2% on a year-over-year basis. As a group, analysts expect that Coca-Cola Company will post 3.34 earnings per share for the current fiscal year.

Coca-Cola Announces Dividend

The firm 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 $0.53 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $2.12 dividend on an annualized basis and a yield of 2.2%. Coca-Cola’s payout ratio is currently 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.