TrinityBridge Ltd lowered its stake in shares of Coca-Cola Company (The) (NYSE:KO – Free Report) by 2.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 229,556 shares of the company’s stock after selling 6,186 shares during the quarter. TrinityBridge Ltd’s holdings in Coca-Cola were worth $19,759,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in KO. Lyell Wealth Management LP boosted its holdings in shares of Coca-Cola by 9.8% in the 3rd quarter. Lyell Wealth Management LP now owns 6,345 shares of the company’s stock valued at $546,000 after purchasing an additional 566 shares in the last quarter. Associated Banc Corp bought a new position in shares of Coca-Cola during the third quarter worth about $22,329,000. Putney Financial Group LLC acquired a new position in Coca-Cola in the third quarter valued at $43,000. Integrity Alliance LLC. boosted its position in shares of Coca-Cola by 0.4% during the 3rd quarter. Integrity Alliance LLC. now owns 51,382 shares of the company’s stock valued at $4,423,000 after purchasing an additional 215 shares in the last quarter. Finally, Integrity Advisory Solutions LLC grew its holdings in Coca-Cola by 4.4% in the third quarter. Integrity Advisory Solutions LLC now owns 8,537 shares of the company’s stock worth $735,000 after purchasing an additional 362 shares during the period. 70.26% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
KO has been the subject of several recent research reports. Citigroup boosted their target price on shares of Coca-Cola from $102.00 to $103.00 and gave the stock a “buy” rating in a research report on Wednesday, October 28th. Bank of America upped their target price on Coca-Cola from $95.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. DZ Bank reaffirmed a “buy” rating on shares of Coca-Cola in a report on Wednesday, July 29th. Weiss Ratings downgraded shares of Coca-Cola from a “buy (a+)” rating to a “buy (a)” rating in a report on Friday, October 23rd. Finally, Freedom Broker upped their price objective on shares of Coca-Cola from $85.00 to $89.00 and gave the company a “hold” rating in a report on Wednesday, October 28th. 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $97.26.
Read Our Latest Report on Coca-Cola
More Coca-Cola News
Here are the key news stories impacting Coca-Cola this week:
- Positive Sentiment: Coca-Cola’s 64-year record of annual dividend increases supports its appeal to income-focused investors. Berkshire Hathaway is expected to collect about $848 million in KO dividends in 2026. Article: Coca-Cola vs. Monster Beverage
- Positive Sentiment: Coverage says Coca-Cola is passing higher costs on to consumers, demonstrating pricing power while inflation persists. Other coverage notes continued revenue and earnings growth and a generally upward revenue trend. Article: Coca-Cola Is Exercising its Pricing Power as Inflation Persists
- Neutral Sentiment: A six-month outlook article focuses on what may determine KO’s next stretch, but the supplied listing does not specify its conclusions. Article: What Will Decide Coca-Cola Stock Over The Next Six Months?
- Negative Sentiment: Some commentary frames Coca-Cola as a defensive “shelter” investment rather than a strong-growth story, which may weigh on sentiment when investors seek faster growth. A reported reduction in the consensus price target adds a cautionary signal, though the cited target is in Swiss francs. Article: Coca-Cola: Investors Are Buying Shelter, Not Growth
Insider Activity at Coca-Cola
In other Coca-Cola news, insider Bruno Pietracci sold 111,365 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $90.93, for a total transaction of $10,126,419.45. Following the transaction, the insider directly owned 41,365 shares in the company, valued at $3,761,319.45. This trade represents a 72.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 Coca-Cola stock in a transaction that occurred 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 transaction, the executive vice president directly owned 223,330 shares in the company, valued at $20,186,798.70. This trade represents a 18.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 171,323 shares of company stock valued at $15,507,286. Corporate insiders own 0.90% of the company’s stock.
Coca-Cola Stock Performance
NYSE KO opened at $94.75 on Wednesday. The stock has a market capitalization of $407.59 billion, a PE ratio of 27.87, a P/E/G ratio of 3.74 and a beta of 0.28. Coca-Cola Company has a 1 year low of $67.27 and a 1 year high of $96.25. The company’s 50 day simple moving average is $89.63 and its two-hundred day simple moving average is $82.31. 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 (NYSE:KO – Get Free Report) last released its quarterly earnings results on Tuesday, October 27th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $12.92 billion. During the same quarter in the previous year, the company earned $0.82 EPS. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. Analysts predict that Coca-Cola Company will post 3.34 earnings per share for the current fiscal year.
Coca-Cola Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, December 1st. Coca-Cola’s dividend payout ratio (DPR) is currently 62.35%.
About Coca-Cola
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.
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