Money Concepts Capital Corp grew its position in shares of Coca-Cola Company (The) (NYSE:KO – Free Report) by 5.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 146,239 shares of the company’s stock after purchasing an additional 7,110 shares during the quarter. Money Concepts Capital Corp’s holdings in Coca-Cola were worth $12,588,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of KO. Garrett Wealth Advisory Group LLC lifted its holdings in Coca-Cola by 1.7% in the third quarter. Garrett Wealth Advisory Group LLC now owns 6,274 shares of the company’s stock valued at $540,000 after buying an additional 107 shares during the period. Certified Advisory Corp grew its holdings in Coca-Cola by 0.3% during the 3rd quarter. Certified Advisory Corp now owns 33,711 shares of the company’s stock worth $2,902,000 after acquiring an additional 108 shares during the period. Lantern Wealth Advisors LLC raised its position in shares of Coca-Cola by 3.6% in the 2nd quarter. Lantern Wealth Advisors LLC now owns 3,316 shares of the company’s stock worth $270,000 after acquiring an additional 115 shares in the last quarter. New Wave Wealth Advisors LLC lifted its stake in shares of Coca-Cola by 4.4% in the 3rd quarter. New Wave Wealth Advisors LLC now owns 2,747 shares of the company’s stock valued at $248,000 after purchasing an additional 116 shares during the period. Finally, Gill Capital Partners LLC lifted its stake in shares of Coca-Cola by 4.1% in the 2nd quarter. Gill Capital Partners LLC now owns 2,992 shares of the company’s stock valued at $243,000 after purchasing an additional 117 shares during the period. 70.26% of the stock is owned by institutional investors.
Coca-Cola Price Performance
KO stock opened at $97.40 on Friday. The stock has a market capitalization of $419.02 billion, a PE ratio of 28.65, a price-to-earnings-growth ratio of 3.81 and a beta of 0.28. The company’s 50-day moving average is $90.62 and its 200-day moving average is $83.18. 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 $98.38.
Coca-Cola (NYSE:KO – Get Free Report) 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. Coca-Cola had a return on equity of 38.79% and a net margin of 28.65%. The company had revenue of $13.35 billion during the quarter, compared to the consensus estimate of $12.92 billion. During the same period last year, the business posted $0.82 EPS. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. Equities research analysts expect 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 paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, December 1st. Coca-Cola’s dividend payout ratio (DPR) is 62.35%.
More Coca-Cola News
Investors following KO have been watching these news items:
- Positive Sentiment: Coverage highlighted revenue growth, rising volumes, brand innovation and the company’s positive 2026 outlook as drivers behind KO reaching a 52-week high. Its global distribution network also underpins its growth prospects. Coca-Cola Stock Hits 52-Week High: Should You Buy Now or Wait?
- Positive Sentiment: Zacks Research raised several earnings forecasts, including FY2026 EPS to $3.34 from $3.29 and FY2028 EPS to $3.78 from $3.74, signaling improved expectations for longer-term earnings. Zacks Research earnings estimate updates
- Neutral Sentiment: Coca-Cola announced that President and CFO John Murphy will speak at the Morgan Stanley Global Consumer & Retail Conference on December 2. The notice did not include new financial guidance. The Coca-Cola Company Announces Participation in Morgan Stanley Global Consumer & Retail Conference
Insider Activity
In other news, EVP Nancy Quan sold 20,585 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the executive vice president owned 223,330 shares in the company, valued at $21,354,814.60. The trade was a 8.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Bruno Pietracci sold 111,365 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $90.93, for a total value of $10,126,419.45. Following the transaction, the insider directly owned 41,365 shares in the company, valued at $3,761,319.45. The trade was a 72.92% decrease in their ownership of the stock. 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. Insiders sold a total of 249,498 shares of company stock worth $23,025,238 over the last quarter. 0.90% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
KO has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their target price on Coca-Cola from $95.00 to $98.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 28th. Royal Bank Of Canada restated an “outperform” rating and set a $96.00 price target on shares of Coca-Cola in a report on Monday, October 26th. Argus raised their price objective on shares of Coca-Cola from $91.00 to $97.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. DZ Bank reaffirmed a “buy” rating on shares of Coca-Cola in a research report on Wednesday, July 29th. Finally, CICC Research lifted their price objective 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 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’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $97.26.
Check Out Our Latest Report on KO
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.
See Also
- Five stocks we like better than Coca-Cola
- Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
- Can NVIDIA Maintain Its Momentum Without Huang?
- Six Flags Lost $366 Million in Q3—Its Insiders Just Went Shopping
- What Went Wrong With Amprius Technologies’ Q3? Less Than You’d Think
Want to see what other hedge funds are holding KO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Coca-Cola Company (The) (NYSE:KO – Free Report).
Receive News & Ratings for Coca-Cola Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca-Cola and related companies with MarketBeat.com's FREE daily email newsletter.
