Johnson Investment Counsel Inc. Has $98.91 Million Position in CocaCola Company (The) $KO

Johnson Investment Counsel Inc. increased its stake in shares of CocaCola Company (The) (NYSE:KO) by 0.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,491,381 shares of the company’s stock after acquiring an additional 9,032 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in CocaCola were worth $98,908,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of KO. Paulson Wealth Management Inc. raised its stake in CocaCola by 2.2% during the 2nd quarter. Paulson Wealth Management Inc. now owns 6,773 shares of the company’s stock worth $479,000 after buying an additional 149 shares during the period. Summitry LLC raised its position in shares of CocaCola by 1.9% during the second quarter. Summitry LLC now owns 7,865 shares of the company’s stock worth $556,000 after purchasing an additional 149 shares during the period. Ashton Thomas Securities LLC raised its position in shares of CocaCola by 1.2% during the third quarter. Ashton Thomas Securities LLC now owns 12,656 shares of the company’s stock worth $835,000 after purchasing an additional 149 shares during the period. Cetera Trust Company N.A lifted its holdings in shares of CocaCola by 0.5% in the 2nd quarter. Cetera Trust Company N.A now owns 30,371 shares of the company’s stock worth $2,149,000 after purchasing an additional 150 shares in the last quarter. Finally, Diversified Enterprises LLC grew its position in CocaCola by 1.0% in the 3rd quarter. Diversified Enterprises LLC now owns 14,656 shares of the company’s stock valued at $972,000 after purchasing an additional 150 shares during the period. 70.26% of the stock is owned by institutional investors.

Key CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analyst upgrade and higher target — Wells Fargo raised its price target on KO to $87 and kept an “overweight” rating, offering explicit upside that can attract buyers ahead of earnings. Read More.
• Positive Sentiment: Fairlife production ramp — Coca‑Cola is expanding Fairlife production to tap the growing protein/functional beverage category, a growth push that supports longer‑term organic revenue upside. Read More.
• Positive Sentiment: Sector tailwinds — Consumer staples are outperforming the broader market, and Coca‑Cola (a top holding in defensive ETFs) has seen strong YTD momentum; that defensive demand can support the share price in risk‑off sessions. Read More.
• Neutral Sentiment: Earnings day catalyst — Multiple previews note KO reports Q4 results before the open on Feb 10; guidance and margin commentary will likely be the primary driver of near‑term volatility rather than the quarter’s raw numbers. Read More.
• Neutral Sentiment: Investor discussion and odds — Market commentary (TipRanks/Polymarket previews) and many outlets debating whether KO will beat estimates increases attention but doesn’t change fundamentals ahead of guidance. Read More.
• Neutral Sentiment: Options/income interest — Articles laying out income strategies and option plays around KO reflect elevated trader activity into earnings; this can boost volume and IV but is market‑direction agnostic. Read More.
• Negative Sentiment: Insider selling — A recent filing showed the CEO sold stock worth roughly $26M, which can prompt short‑term caution among some investors despite routine explanations for planned sales. Read More.

Insider Buying and Selling

In related news, EVP Nancy Quan sold 31,625 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $71.17, for a total value of $2,250,751.25. Following the transaction, the executive vice president directly owned 223,330 shares of the company’s stock, valued at approximately $15,894,396.10. The trade was a 12.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Manuel Arroyo sold 139,689 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $70.80, for a total transaction of $9,889,981.20. Following the sale, the executive vice president owned 58,067 shares of the company’s stock, valued at $4,111,143.60. This trade represents a 70.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 509,138 shares of company stock valued at $38,186,963. 0.90% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

KO has been the topic of several research reports. Barclays restated an “overweight” rating on shares of CocaCola in a report on Thursday, October 23rd. Jefferies Financial Group upped their target price on shares of CocaCola from $84.00 to $88.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. UBS Group reiterated a “buy” rating and set a $82.00 price target on shares of CocaCola in a research note on Tuesday, February 3rd. Evercore reissued an “outperform” rating on shares of CocaCola in a research note on Tuesday, October 21st. Finally, Piper Sandler lifted their target price on CocaCola from $80.00 to $81.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $81.14.

CocaCola Stock Down 1.2%

KO stock opened at $78.08 on Tuesday. The stock has a market cap of $335.87 billion, a P/E ratio of 25.85, a P/E/G ratio of 4.06 and a beta of 0.36. The company has a current ratio of 1.21, a quick ratio of 1.00 and a debt-to-equity ratio of 1.30. The stock’s fifty day simple moving average is $71.45 and its two-hundred day simple moving average is $69.83. CocaCola Company has a 1-year low of $63.66 and a 1-year high of $79.20.

CocaCola Profile

The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.