Candriam S.C.A. Sells 32,943 Shares of Coca-Cola Company (The) $KO

Candriam S.C.A. decreased its position in Coca-Cola Company (The) (NYSE:KO) by 4.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 760,448 shares of the company’s stock after selling 32,943 shares during the period. Candriam S.C.A.’s holdings in Coca-Cola were worth $65,699,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Garrett Wealth Advisory Group LLC grew its holdings in shares of Coca-Cola by 1.7% during the 3rd quarter. Garrett Wealth Advisory Group LLC now owns 6,274 shares of the company’s stock worth $540,000 after purchasing an additional 107 shares in the last quarter. Certified Advisory Corp raised its stake in shares of Coca-Cola by 0.3% in the third quarter. Certified Advisory Corp now owns 33,711 shares of the company’s stock valued at $2,902,000 after purchasing an additional 108 shares in the last quarter. Lantern Wealth Advisors LLC raised its stake in shares of Coca-Cola by 3.6% in the second quarter. Lantern Wealth Advisors LLC now owns 3,316 shares of the company’s stock valued at $270,000 after purchasing an additional 115 shares in the last quarter. New Wave Wealth Advisors LLC lifted its position in Coca-Cola by 4.4% in the third quarter. New Wave Wealth Advisors LLC now owns 2,747 shares of the company’s stock worth $248,000 after purchasing an additional 116 shares during the period. Finally, Gill Capital Partners LLC boosted its stake in Coca-Cola by 4.1% during the second quarter. Gill Capital Partners LLC now owns 2,992 shares of the company’s stock worth $243,000 after buying an additional 117 shares in the last quarter. Institutional investors own 70.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on KO shares. Seaport Research Partners set a $95.00 price target on shares of Coca-Cola in a report on Friday, August 14th. TD Cowen raised their price objective on shares of Coca-Cola from $100.00 to $104.00 and gave the stock a “buy” rating in a report on Wednesday, October 28th. Rothschild & Co Redburn lifted their target price on shares of Coca-Cola from $86.00 to $92.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Royal Bank Of Canada reissued an “outperform” rating and issued a $96.00 target price on shares of Coca-Cola in a research note on Monday, October 26th. Finally, Argus upped their target price on shares of Coca-Cola from $91.00 to $97.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $97.26.

Insider Activity

In related news, EVP Nancy Quan sold 50,000 shares of the stock in a transaction dated 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 completion of the sale, the executive vice president owned 223,330 shares in the company, valued at $20,186,798.70. This trade represents a 18.29% decrease in their position. The sale 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, insider Bruno Pietracci sold 111,365 shares of Coca-Cola 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 transaction, the insider directly owned 41,365 shares of the company’s stock, valued at $3,761,319.45. This represents a 72.92% 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. Insiders sold a total of 238,871 shares of company stock worth $21,918,267 in the last quarter. 0.90% of the stock is owned by company insiders.

Key Stories Impacting 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

Coca-Cola Price Performance

Shares of KO stock opened at $95.69 on Friday. The stock’s fifty day simple moving average is $89.96 and its 200 day simple moving average is $82.69. 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 has a market cap of $411.63 billion, a price-to-earnings ratio of 28.14, a P/E/G ratio of 3.73 and a beta of 0.28. Coca-Cola Company has a one year low of $67.27 and a one year high of $97.39.

Coca-Cola (NYSE:KO) last released its quarterly earnings data 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 analyst estimates of $12.92 billion. During the same period in the prior year, the company posted $0.82 earnings per share. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. On average, analysts expect that Coca-Cola Company will post 3.34 earnings per share for the current fiscal year.

Coca-Cola Dividend Announcement

The company 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 of this dividend is Tuesday, December 1st. This represents a $2.12 annualized dividend and a dividend 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.