Sumitomo Mitsui Trust Group Inc. cut its position in shares of Coca-Cola Company (The) (NYSE:KO – Free Report) by 2.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,987,776 shares of the company’s stock after selling 232,344 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.21% of Coca-Cola worth $773,668,000 as of its most recent filing with the SEC.
Several other institutional investors also recently bought and sold shares of KO. Guardian Partners Inc. acquired a new stake in Coca-Cola in the 2nd quarter valued at $27,000. Horizons Wealth Management purchased a new position in shares of Coca-Cola in the third quarter valued at approximately $31,000. Atomic Invest LLC boosted its stake in shares of Coca-Cola by 38.7% in the second quarter. Atomic Invest LLC now owns 437 shares of the company’s stock worth $36,000 after acquiring an additional 122 shares during the last quarter. Timbuktu Capital Management LLC acquired a new stake in shares of Coca-Cola in the second quarter worth approximately $41,000. Finally, Holos Integrated Wealth LLC increased its position 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 purchasing an additional 141 shares in the last quarter. 70.26% of the stock is owned by institutional investors and hedge funds.
More Coca-Cola News
Here are the key news stories impacting Coca-Cola this week:
- Positive Sentiment: Better-than-expected earnings and higher guidance: Coca-Cola’s third-quarter results exceeded Wall Street expectations, supported by 5% unit case-volume growth, consumer recruitment, affordability initiatives, and disciplined execution. Management now expects comparable EPS to increase at least 11% in 2026. Coca-Cola’s Q3 earnings call: our top 5 analyst questions
- Positive Sentiment: Analyst optimism is reinforcing the rally: TD Cowen, JPMorgan, Citigroup, and Freedom Broker all recently raised their Coca-Cola price targets or indicated potential appreciation. Jim Cramer also recommended buying KO after the earnings beat. Coca-Cola stock gets price target boost from JPMorgan Chase
- Positive Sentiment: Defensive dividend appeal: Coca-Cola continues to be highlighted as a dependable “Dividend King,” with a long record of annual payout increases and strong brand durability—features attracting income investors amid broader market uncertainty. No Tricks, Just Treats: 3 Dividend Stocks With Payouts You Can Trust
- Positive Sentiment: Long-term emerging-market opportunity: Coca-Cola’s distribution network and local brands provide room for growth in developing markets, where a large share of beverage purchases remains untapped. The company is also considering a 2027 IPO for its Indian bottling arm, potentially creating capital and valuation benefits. Too Late to Buy Coca-Cola? 1 Reason It Isn’t.
Coca-Cola Trading Up 1.4%
KO opened at $94.11 on Friday. Coca-Cola Company has a one year low of $67.27 and a one year high of $95.37. The company has a market cap of $404.85 billion, a P/E ratio of 27.68, a PEG ratio of 3.67 and a beta of 0.32. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.12 and a current ratio of 1.38. The business’s 50-day simple moving average is $89.47 and its 200-day simple moving average is $82.07.
Coca-Cola (NYSE:KO – Get Free Report) last posted its earnings results on Tuesday, October 27th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.03. The firm had revenue of $13.35 billion during 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 firm’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.82 earnings per share. As a group, equities research analysts expect that Coca-Cola Company will post 3.34 EPS for the current fiscal year.
Coca-Cola Dividend Announcement
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 $0.53 dividend. The ex-dividend date is Tuesday, December 1st. This represents a $2.12 annualized dividend and a dividend yield of 2.3%. Coca-Cola’s dividend payout ratio is presently 62.35%.
Insider Activity
In related news, insider Bruno Pietracci sold 111,365 shares of Coca-Cola stock in a transaction on 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 sale, the insider directly owned 41,365 shares in the company, valued at $3,761,319.45. This trade represents a 72.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 business’s stock in a transaction 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 sale, the insider directly owned 62,105 shares of the company’s stock, valued at approximately $5,372,082.50. This trade represents a 13.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 171,323 shares of company stock worth $15,507,286. Corporate insiders own 0.90% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on KO. TD Cowen raised their target price on shares of Coca-Cola from $100.00 to $104.00 and gave the stock a “buy” rating in a research note on Wednesday. CICC Research upped their price target on Coca-Cola from $85.00 to $95.00 and gave the company an “outperform” rating in a research report on Thursday, July 30th. Daiwa Securities Group increased their price target on Coca-Cola from $83.00 to $93.00 and gave the company an “outperform” rating in a report on Thursday, July 30th. DZ Bank reiterated a “buy” rating on shares of Coca-Cola in a research report on Wednesday, July 29th. Finally, BNP Paribas Exane boosted their price objective on Coca-Cola from $90.00 to $98.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $97.26.
Get Our Latest Stock Analysis on KO
About Coca-Cola
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.
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