Coca-Cola Company (The) $KO Stock Sold by Glenview Trust Co

Glenview Trust Co cut its holdings in Coca-Cola Company (The) (NYSE:KO) by 1.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 451,271 shares of the company’s stock after selling 7,692 shares during the period. Glenview Trust Co’s holdings in Coca-Cola were worth $38,845,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bank of America Corp DE boosted its holdings in Coca-Cola by 4.4% in the 2nd quarter. Bank of America Corp DE now owns 45,958,636 shares of the company’s stock valued at $3,735,058,000 after purchasing an additional 1,939,673 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Coca-Cola by 0.4% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,354,414 shares of the company’s stock worth $2,954,523,000 after purchasing an additional 162,097 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of Coca-Cola by 9.2% during the second quarter. Wellington Management Group LLP now owns 29,053,752 shares of the company’s stock worth $2,361,198,000 after purchasing an additional 2,439,026 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Coca-Cola by 1.3% during the first quarter. Dimensional Fund Advisors LP now owns 18,822,295 shares of the company’s stock worth $1,431,495,000 after purchasing an additional 235,785 shares during the period. Finally, Fayez Sarofim & Co increased its holdings in shares of Coca-Cola by 0.7% during the second quarter. Fayez Sarofim & Co now owns 15,272,831 shares of the company’s stock worth $1,241,223,000 after purchasing an additional 113,599 shares during the period. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Coca-Cola Trading Up 1.4%

Shares of Coca-Cola stock opened at $94.11 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.38 and a debt-to-equity ratio of 0.93. Coca-Cola Company has a 12-month low of $67.27 and a 12-month high of $95.37. The company has a market capitalization of $404.91 billion, a price-to-earnings ratio of 27.68, a PEG ratio of 3.62 and a beta of 0.32. The firm’s 50-day moving average price is $89.47 and its two-hundred day moving average price is $82.07.

Coca-Cola (NYSE:KO) last issued its earnings results on Tuesday, October 27th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03. The company had revenue of $13.35 billion during the quarter, compared to analysts’ expectations 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 company earned $0.82 EPS. On average, analysts forecast that Coca-Cola Company will post 3.34 earnings per share for the current fiscal year.

Coca-Cola Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be given a dividend of $0.53 per share. 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 (DPR) is currently 62.35%.

Insider Activity at Coca-Cola

In other Coca-Cola news, EVP Nancy Quan sold 50,000 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was 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 directly owned 223,330 shares in the company, valued at $20,186,798.70. This represents a 18.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $86.50, for a total value of $861,367.00. Following the completion of the sale, the insider directly owned 62,105 shares in the company, valued at approximately $5,372,082.50. This represents a 13.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 171,323 shares of company stock valued at $15,507,286 over the last three months. 0.90% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

KO has been the subject of a number of analyst reports. JPMorgan Chase & Co. lifted their price target on shares of Coca-Cola from $95.00 to $98.00 and gave the company an “overweight” rating in a research report on Wednesday. Royal Bank Of Canada reissued an “outperform” rating and set a $96.00 price target on shares of Coca-Cola in a research report on Monday. Jefferies Financial Group raised their price objective on Coca-Cola from $95.00 to $104.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Evercore reaffirmed an “outperform” rating and issued a $100.00 price objective (up from $88.00) on shares of Coca-Cola in a report on Tuesday, July 28th. Finally, Daiwa Securities Group upped their target price on Coca-Cola from $83.00 to $93.00 and gave the company an “outperform” rating in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $97.26.

Coca-Cola News Summary

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 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.