Coca-Cola Company (The) $KO Stock Sold by Retirement Systems of Alabama

Retirement Systems of Alabama trimmed its position in shares of Coca-Cola Company (The) (NYSE:KO) by 38.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,121,068 shares of the company’s stock after selling 691,757 shares during the period. Retirement Systems of Alabama’s holdings in Coca-Cola were worth $96,502,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in KO. Clear Wave Wealth Management LLC grew its position in Coca-Cola by 4.8% during the third quarter. Clear Wave Wealth Management LLC now owns 12,855 shares of the company’s stock valued at $1,107,000 after acquiring an additional 584 shares during the period. Joseph Group Capital Management raised its holdings in shares of Coca-Cola by 25.9% in the 3rd quarter. Joseph Group Capital Management now owns 1,779 shares of the company’s stock worth $153,000 after purchasing an additional 366 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of Coca-Cola by 17.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,021,691 shares of the company’s stock valued at $87,968,000 after purchasing an additional 151,722 shares in the last quarter. Griffith & Werner Inc. lifted its stake in shares of Coca-Cola by 4.2% in the 3rd quarter. Griffith & Werner Inc. now owns 90,851 shares of the company’s stock valued at $7,820,000 after purchasing an additional 3,656 shares in the last quarter. Finally, Beverly Hills Private Wealth LLC acquired a new stake in Coca-Cola during the 3rd quarter worth approximately $218,000. 70.26% of the stock is owned by hedge funds and other institutional investors.

Coca-Cola Price Performance

Shares of NYSE KO opened at $96.00 on Tuesday. 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 1-year low of $67.27 and a 1-year high of $97.39. The company has a market capitalization of $413.00 billion, a price-to-earnings ratio of 28.24, a PEG ratio of 3.74 and a beta of 0.28. The business has a 50-day moving average of $90.09 and a 200-day moving average of $82.81.

Coca-Cola (NYSE:KO) last announced 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 business had revenue of $13.35 billion for the quarter, compared to the consensus estimate of $12.92 billion. Coca-Cola had a return on equity of 38.79% and a net margin of 28.65%. The company’s revenue was up 7.2% on a year-over-year basis. During the same period last year, the business posted $0.82 EPS. On average, equities analysts anticipate that Coca-Cola Company will post 3.34 EPS 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. Shareholders of record on Tuesday, December 1st will be given a $0.53 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $2.12 annualized dividend and a yield of 2.2%. Coca-Cola’s dividend payout ratio (DPR) is 62.35%.

More Coca-Cola News

Here are the key news stories impacting Coca-Cola this week:

• Positive Sentiment: Several articles point to Coca-Cola’s durable brands and dividend appeal, noting its 64-year streak of dividend increases. One comparison says a $1,000 investment in KO outperformed PepsiCo over the past decade. These themes may support income-oriented investors’ interest. 3 Top Dividend Stocks to Buy in November for a Lifetime of Passive Income PepsiCo Has Raised Its Dividend 54 Straight Years, but $1,000 in Coca-Cola Finished $1,296 Ahead Over the Past Decade
• Neutral Sentiment: Coca-Cola India’s IPO is moving forward with draft papers, though its 40% partner, Jubilant Beverages, will not participate in the sale. The reports provide no details on proceeds or the potential financial impact for KO. Coca-Cola India IPO moves forward with draft papers
• Neutral Sentiment: EVP Nancy Quan sold 20,585 shares, but the filing says the sale covered tax withholding on vested equity awards; she retained 223,330 shares. That makes the transaction less indicative of a change in her outlook. SEC Form 4 filing
• Negative Sentiment: A valuation concern stands out: commentary says KO shares are up about 37% in 2026, while the company has raised its 2026 earnings forecast only about 3% since February. Another article places KO among Dow stocks with limited upside; the cited average analyst target of $97.26 is close to the recent share price. This may temper enthusiasm after the stock’s run toward a record. Coca-Cola Stock Keeps Setting Records. I’m Still Not Buying It. Coca-Cola Makes the Dow’s Low-Upside List

Analyst Ratings Changes

A number of research analysts have weighed in on KO shares. Seaport Research Partners set a $95.00 price target on shares of Coca-Cola in a research report on Friday, August 14th. Daiwa Securities Group boosted their price objective on shares of Coca-Cola from $83.00 to $93.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Rothschild & Co Redburn increased their price objective on shares of Coca-Cola from $86.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Argus raised their target price on shares of Coca-Cola from $91.00 to $97.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Finally, CICC Research raised their target price on shares of Coca-Cola from $85.00 to $95.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. One investment 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 company’s stock. Based on data from MarketBeat.com, Coca-Cola presently has an average rating of “Moderate Buy” and a consensus price target of $97.26.

Insider Buying and Selling at Coca-Cola

In other news, EVP Beatriz Perez sold 67,548 shares of Coca-Cola stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $94.91, for a total transaction of $6,410,980.68. Following the sale, the executive vice president owned 160,428 shares in the company, valued at $15,226,221.48. This trade represents a 29.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, 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 20,585 shares of the business’s stock in a transaction on Thursday, November 5th. The stock was sold at an average price of $95.62, for a total transaction of $1,968,337.70. Following the transaction, the executive vice president directly owned 223,330 shares in the company, valued at approximately $21,354,814.60. The trade was a 8.44% 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. Insiders sold 249,498 shares of company stock valued at $23,025,238 over the last 90 days. 0.90% of the stock is owned by corporate insiders.

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.