35,691 Coca-Cola Company (The) $KO Shares Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lifted its position in shares of Coca-Cola Company (The) (NYSE:KO) by 27.6% during the third quarter, Holdings Channel.com reports. The firm owned 164,919 shares of the company’s stock after buying an additional 35,691 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Coca-Cola were worth $14,196,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Guardian Partners Inc. bought a new stake in Coca-Cola in the 2nd quarter valued at $27,000. Horizons Wealth Management bought a new position in Coca-Cola during the 3rd quarter worth $31,000. Atomic Invest LLC increased its position in Coca-Cola by 38.7% during the 2nd quarter. Atomic Invest LLC now owns 437 shares of the company’s stock worth $36,000 after buying an additional 122 shares during the period. Timbuktu Capital Management LLC bought a new position in Coca-Cola during the 2nd quarter worth $41,000. Finally, Holos Integrated Wealth LLC lifted its holdings in shares of Coca-Cola by 35.2% during the third quarter. Holos Integrated Wealth LLC now owns 541 shares of the company’s stock worth $51,000 after buying an additional 141 shares in the last quarter. 70.26% of the stock is owned by institutional investors and hedge funds.

Coca-Cola Price Performance

Shares of NYSE:KO opened at $91.33 on Wednesday. The company has a market capitalization of $392.94 billion, a P/E ratio of 27.43 and a beta of 0.32. Coca-Cola Company has a 1 year low of $67.27 and a 1 year high of $95.37. The business’s 50 day simple moving average is $89.29 and its 200 day simple moving average is $81.73.

Coca-Cola (NYSE:KO) last posted its quarterly earnings data on Tuesday, October 27th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. The company had revenue of $13.40 billion for the quarter, compared to the consensus estimate of $12.92 billion. Coca-Cola’s revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the business earned $0.82 EPS. On average, sell-side analysts anticipate that Coca-Cola Company will post 3.30 EPS for the current fiscal year.

Coca-Cola Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders 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 2.3%. The ex-dividend date of this dividend is Tuesday, December 1st. Coca-Cola’s dividend payout ratio is 63.66%.

Insider Buying and Selling

In related news, insider Sanket Ray sold 9,958 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $86.50, for a total value of $861,367.00. Following the transaction, the insider owned 62,105 shares in the company, valued at approximately $5,372,082.50. This trade represents a 13.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Bruno Pietracci sold 111,365 shares of the business’s 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 transaction, the insider directly owned 41,365 shares of the company’s stock, valued at approximately $3,761,319.45. This trade represents a 72.92% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 323,806 shares of company stock worth $28,820,577 over the last three months. Company insiders own 0.90% of the company’s stock.

Analysts Set New Price Targets

KO has been the subject of a number of recent research reports. Jefferies Financial Group boosted their target price on shares of Coca-Cola from $95.00 to $104.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. CICC Research upped their price target on shares of Coca-Cola from $85.00 to $95.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. Evercore reaffirmed an “outperform” rating and set a $100.00 price target (up from $88.00) on shares of Coca-Cola in a research report on Tuesday, July 28th. DZ Bank reiterated a “buy” rating on shares of Coca-Cola in a research note on Wednesday, July 29th. Finally, TD Cowen reissued a “buy” rating on shares of Coca-Cola in a report on Friday, October 16th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $96.59.

Coca-Cola News Roundup

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

• Positive Sentiment: Quarterly adjusted EPS was $0.91, above the approximately $0.88 analyst consensus, while revenue reached $13.38 billion versus expectations of $12.92 billion. Revenue increased 7.2% year over year. Coca-Cola Q3 Earnings Beat Estimates on Volume Growth, Outlook Raised
• Positive Sentiment: Global unit case volume grew 5%, organic revenue increased 7%, and Coca-Cola Zero Sugar volume rose 16%, indicating that growth was supported by demand and volume—not solely by pricing. Coca-Cola Organic Revenue Jumps 7% Despite Flat North America Volumes
• Positive Sentiment: Management raised its full-year comparable EPS growth outlook to at least 11%, up from 9% to 10%, marking the third consecutive outlook increase. The company also cited sustained momentum in premium beverages and emerging markets. Coca-Cola Raises Profit Outlook, but Warns Consumer Pressures Could Persist Into 2027
• Positive Sentiment: Year-to-date free cash flow reached $11.4 billion, supporting Coca-Cola’s long-standing dividend appeal and reinforcing its defensive profile for income-oriented investors. Coca-Cola: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Diet Coke remained a notable demand driver, with CEO Henrique Braun dismissing the “fridge cigarette” nickname as consumer-driven branding rather than a business concern.
• Negative Sentiment: North American volume was flat, with weakness in water, sports drinks, coffee, and tea. Investors are concerned that international growth is currently offsetting softness in Coca-Cola’s home market. Coca-Cola Stock Pulls Back Amid Slowing U.S. Demand
• Negative Sentiment: KO had already risen sharply and trades at a premium valuation, with a P/E near 27. Investors may therefore be taking profits after the beat, particularly as management warned that consumer pressures could persist into 2027.

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.