Coca-Cola Company (The) $KO Stock Sold by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS decreased its position in shares of Coca-Cola Company (The) (NYSE:KO) by 1.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 564,275 shares of the company’s stock after selling 7,377 shares during the period. Coca-Cola accounts for 0.9% of Kornitzer Capital Management Inc. KS’s holdings, making the stock its 29th biggest position. Kornitzer Capital Management Inc. KS’s holdings in Coca-Cola were worth $48,573,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of KO. Guardian Partners Inc. acquired a new position in shares of Coca-Cola during the second quarter worth $27,000. Horizons Wealth Management purchased a new stake in shares of Coca-Cola during the 3rd quarter valued at $31,000. Atomic Invest LLC boosted its position in shares of 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 purchasing an additional 122 shares in the last quarter. Putney Financial Group LLC acquired a new stake in shares of Coca-Cola in the 3rd quarter worth $43,000. Finally, Timbuktu Capital Management LLC acquired a new stake in shares of Coca-Cola in the 2nd quarter worth $41,000. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Coca-Cola News Roundup

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

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft boosted their target price on Coca-Cola from $92.00 to $98.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Barclays increased their price target on Coca-Cola from $93.00 to $98.00 and gave the company an “overweight” rating in a research note on Friday, October 16th. Seaport Research Partners set a $95.00 price target on Coca-Cola in a report on Friday, August 14th. BNP Paribas Exane boosted their price target on Coca-Cola from $90.00 to $98.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $96.00 price target on shares of Coca-Cola in a research note on Monday, October 26th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $97.26.

Insider Transactions at Coca-Cola

In other Coca-Cola news, EVP Beatriz Perez sold 67,548 shares of Coca-Cola stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $94.91, for a total transaction of $6,410,980.68. Following the completion of the sale, the executive vice president owned 160,428 shares of the company’s stock, valued at approximately $15,226,221.48. The trade was a 29.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 dated Monday, August 10th. The shares were sold at an average price of $86.50, for a total value of $861,367.00. Following the sale, the insider owned 62,105 shares in the company, valued at approximately $5,372,082.50. The trade was a 13.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 238,871 shares of company stock worth $21,918,267. Insiders own 0.90% of the company’s stock.

Coca-Cola Trading Down 0.0%

NYSE KO opened at $95.69 on Friday. The company has a fifty day simple moving average of $89.96 and a two-hundred day simple moving average of $82.69. The stock has a market cap 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. Coca-Cola Company has a 12-month low of $67.27 and a 12-month high of $97.39. The company has a current ratio of 1.38, a quick ratio of 1.19 and a debt-to-equity ratio of 0.93.

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

Coca-Cola Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be paid a $0.53 dividend. The ex-dividend date is Tuesday, December 1st. This represents a $2.12 dividend on an annualized basis and a yield of 2.2%. Coca-Cola’s dividend payout ratio (DPR) is 62.35%.

Coca-Cola 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.