7,716 Coca-Cola Company (The) $KO Shares Sold by Heritage Investors Management Corp

Heritage Investors Management Corp lowered its stake in shares of Coca-Cola Company (The) (NYSE:KO) by 3.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 244,767 shares of the company’s stock after selling 7,716 shares during the period. Heritage Investors Management Corp’s holdings in Coca-Cola were worth $21,070,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Banco Santander S.A. grew its stake in shares of Coca-Cola by 3.1% during the second quarter. Banco Santander S.A. now owns 1,090,758 shares of the company’s stock valued at $88,646,000 after buying an additional 32,723 shares during the last quarter. CX Institutional raised its holdings in Coca-Cola by 402.3% in the 3rd quarter. CX Institutional now owns 163,248 shares of the company’s stock worth $14,052,000 after purchasing an additional 130,746 shares in the last quarter. Daymark Wealth Partners LLC raised its stake in Coca-Cola by 68.5% in the second quarter. Daymark Wealth Partners LLC now owns 218,199 shares of the company’s stock worth $17,733,000 after buying an additional 88,690 shares in the last quarter. Moore Capital Management LP bought a new position in Coca-Cola in the second quarter worth about $12,905,000. Finally, Cidel Asset Management Inc. lifted its holdings in Coca-Cola by 2,091.3% in the second quarter. Cidel Asset Management Inc. now owns 361,934 shares of the company’s stock worth $29,414,000 after buying an additional 345,417 shares during the period. 70.26% of the stock is owned by institutional investors.

Coca-Cola Stock Performance

Shares of KO opened at $94.11 on Monday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.38 and a quick ratio of 1.19. Coca-Cola Company has a one year low of $67.27 and a one year high of $95.37. The firm has a market capitalization of $404.85 billion, a P/E ratio of 27.68, a PEG ratio of 3.67 and a beta of 0.28. The business has a fifty day moving average of $89.47 and a 200 day moving average of $82.07.

Coca-Cola (NYSE:KO) last issued its quarterly 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. Coca-Cola had a net margin of 28.65% and a return on equity of 38.79%. The business had revenue of $13.35 billion for the quarter, compared to analysts’ expectations of $12.92 billion. During the same quarter last year, the company posted $0.82 EPS. The company’s revenue was up 7.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Coca-Cola Company will post 3.34 EPS for the current year.

Coca-Cola Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.3%. The ex-dividend date is Tuesday, December 1st. Coca-Cola’s dividend payout ratio is presently 62.35%.

Wall Street Analyst Weigh In

KO has been the topic of a number of research analyst reports. HSBC upped their target price on Coca-Cola from $90.00 to $98.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. increased their price objective on Coca-Cola from $95.00 to $98.00 and gave the stock an “overweight” rating in a report on Wednesday, October 28th. The Goldman Sachs Group restated a “neutral” rating and set a $86.00 target price (up from $82.00) on shares of Coca-Cola in a report on Tuesday, July 28th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $96.00 target price on shares of Coca-Cola in a research report on Monday, October 26th. Finally, Seaport Research Partners set a $95.00 price target on shares of Coca-Cola in a research note on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $97.26.

Insider Buying and Selling at Coca-Cola

In other Coca-Cola news, insider Bruno Pietracci sold 111,365 shares of the business’s stock in a transaction on 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 sale, the insider owned 41,365 shares in the company, valued at $3,761,319.45. The trade was a 72.92% decrease in their position. The sale was disclosed in a document filed 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, 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 transaction, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $20,186,798.70. This trade represents a 18.29% decrease in their position. 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 171,323 shares of company stock valued at $15,507,286 in the last three months. 0.90% of the stock is currently owned by corporate insiders.

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 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.