CocaCola Company (The) $KO Stock: Thurston Springer Miller Herd & Titak Inc. Reduces Position

Thurston Springer Miller Herd & Titak Inc. lowered its holdings in CocaCola Company (The) (NYSE:KO) by 68.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 2,990 shares of the company’s stock after selling 6,602 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in CocaCola were worth $257,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Bank of America Corp DE boosted its holdings in CocaCola by 4.4% in the second 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in CocaCola by 0.4% during the second 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 lifted its position in shares of CocaCola by 9.2% during the 2nd quarter. Wellington Management Group LLP now owns 29,053,752 shares of the company’s stock worth $2,361,198,000 after buying an additional 2,439,026 shares during the last quarter. Invesco Ltd. lifted its position in shares of CocaCola by 6.7% during the 4th quarter. Invesco Ltd. now owns 28,520,214 shares of the company’s stock worth $1,993,848,000 after buying an additional 1,798,371 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of CocaCola by 1.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 18,822,295 shares of the company’s stock valued at $1,431,495,000 after buying an additional 235,785 shares in the last quarter. Institutional investors and hedge funds own 70.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. HSBC increased their target price on shares of CocaCola from $90.00 to $98.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. DZ Bank reiterated a “buy” rating on shares of CocaCola in a research note on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of CocaCola from $92.00 to $98.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. UBS Group set a $104.00 price objective on shares of CocaCola and gave the company a “buy” rating in a research note on Wednesday, July 29th. Finally, Seaport Research Partners set a $95.00 price objective on shares of CocaCola in a research note on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, CocaCola presently has a consensus rating of “Moderate Buy” and a consensus target price of $95.95.

CocaCola Stock Performance

NYSE:KO traded up $1.54 during trading hours on Wednesday, reaching $91.65. 5,706,784 shares of the company’s stock were exchanged, compared to its average volume of 16,813,043. CocaCola Company has a 1-year low of $66.92 and a 1-year high of $92.49. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. The firm has a market capitalization of $394.33 billion, a price-to-earnings ratio of 27.52, a P/E/G ratio of 3.49 and a beta of 0.32. The company has a 50-day moving average of $88.14 and a 200 day moving average of $83.04.

CocaCola (NYSE:KO) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The company had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. CocaCola’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Research analysts anticipate that CocaCola Company will post 3.30 EPS for the current year.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola’s global brand, pricing power and marketing investments—including artificial-intelligence-enabled campaigns and FIFA World Cup promotions—could support volume growth, margins and long-term competitive advantages. Can Coca-Cola’s Marketing Investments Keep Improving Returns?
• Positive Sentiment: Investors continue to favor KO as a defensive income investment because Coca-Cola has increased its dividend for 63 consecutive years. Its established distribution network and consumer staples exposure reinforce the stock’s appeal. Coca-Cola Has Raised Dividends for 63 Years
• Positive Sentiment: Analyst coverage and heavy searches on Zacks indicate elevated investor attention, while brokerage sentiment is presented as supportive of considering KO. These reports may help sustain buying interest, although they do not identify a major new earnings catalyst. Brokers Suggest Investing in Coca-Cola
• Neutral Sentiment: Coca-Cola is reportedly evaluating a possible sale of Costa Coffee after limited growth. A divestiture could sharpen capital allocation, but discussions are preliminary and no valuation or timetable has been disclosed. Does Coca-Cola Need To Rethink Its Coffee Strategy?
• Negative Sentiment: Coca-Cola’s valuation remains relatively demanding, while its dividend payments reportedly exceeded free cash flow by billions last year. That raises questions about payout sustainability if cash generation weakens. Coca-Cola Dividend Sustainability
• Negative Sentiment: PepsiCo’s weak North American volumes and reduced outlook highlight broader consumer-staples and beverage risks, including cautious consumers, rising costs and potential pressure on demand. PepsiCo’s Earnings and North American Business

Insider Activity

In related news, EVP Nancy Quan sold 50,000 shares of the business’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total value of $4,519,500.00. Following the transaction, the executive vice president owned 223,330 shares in the company, valued at $20,186,798.70. The trade was a 18.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO John Murphy sold 152,483 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $87.31, for a total value of $13,313,290.73. Following the completion of the transaction, the chief financial officer owned 279,917 shares in the company, valued at $24,439,553.27. This trade represents a 35.26% 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. Over the last 90 days, insiders have sold 926,620 shares of company stock valued at $83,075,714. Insiders own 0.90% of the company’s stock.

CocaCola Company Profile

The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Its portfolio includes sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and other ready-to-drink products. The company’s best-known brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, Powerade, Minute Maid, fairlife, and Georgia Coffee.

Founded in 1886, the company develops, owns, licenses, markets, and distributes beverage brands through a network of bottling partners, distributors, retailers, and food-service operators.