BNP Paribas Buys 41,633 Shares of CocaCola Company (The) $KO

BNP Paribas lifted its stake in shares of CocaCola Company (The) (NYSE:KO) by 6.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 692,394 shares of the company’s stock after acquiring an additional 41,633 shares during the quarter. CocaCola comprises approximately 1.4% of BNP Paribas’ holdings, making the stock its 15th largest position. BNP Paribas’ holdings in CocaCola were worth $48,439,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of CocaCola by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company’s stock worth $26,200,276,000 after acquiring an additional 5,886,352 shares in the last quarter. State Street Corp boosted its stake in shares of CocaCola by 0.6% during the 3rd quarter. State Street Corp now owns 165,858,003 shares of the company’s stock worth $11,083,296,000 after acquiring an additional 923,278 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of CocaCola by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company’s stock worth $6,273,037,000 after acquiring an additional 433,547 shares in the last quarter. Norges Bank bought a new stake in shares of CocaCola during the 4th quarter worth about $3,865,807,000. Finally, Franklin Resources Inc. lifted its position in shares of CocaCola by 15.1% during the 3rd quarter. Franklin Resources Inc. now owns 39,094,276 shares of the company’s stock worth $2,592,732,000 after purchasing an additional 5,135,198 shares during the last quarter. Institutional investors own 70.26% of the company’s stock.

Wall Street Analysts Forecast Growth

KO has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft boosted their price objective on CocaCola from $83.00 to $86.00 and gave the stock a “buy” rating in a research report on Monday, March 30th. Evercore reissued an “outperform” rating and set a $85.00 price objective on shares of CocaCola in a research report on Wednesday, February 11th. Jefferies Financial Group boosted their price objective on CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. JPMorgan Chase & Co. boosted their price objective on CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Finally, Morgan Stanley set a $88.00 price objective on CocaCola in a research report on Wednesday, March 11th. Fifteen research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $86.80.

Insider Buying and Selling

In related news, EVP Monica Howard Douglas sold 23,880 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $77.37, for a total transaction of $1,847,595.60. Following the sale, the executive vice president directly owned 17,725 shares in the company, valued at $1,371,383.25. This represents a 57.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Nancy Quan sold 31,625 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $80.93, for a total value of $2,559,411.25. Following the sale, the executive vice president owned 223,330 shares in the company, valued at approximately $18,074,096.90. This trade represents a 12.40% 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 have sold a total of 255,505 shares of company stock worth $20,187,007 in the last three months. Insiders own 0.90% of the company’s stock.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: 247wallst highlighted Coca-Cola as a momentum stock, noting it is only a few percent below its 52-week high after strong Q1 results with 10% organic revenue growth and margins at a new peak. Coca Cola Stock Will Hit a New All-Time High On This Date
• Positive Sentiment: Zacks said Wall Street analysts remain optimistic on Coca-Cola, suggesting the stock continues to benefit from favorable sentiment and expectations for steady performance. Is Coca-Cola (KO) a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Zacks also framed Coca-Cola as a reliable dividend and income stock, pointing to the company’s solid quarterly performance despite inflation, geopolitics, and shifting consumer spending. Coca-Cola’s Dividend Strength: Still a Reliable Income Play?
• Positive Sentiment: Yahoo Finance/Barchart coverage continued to describe KO as a strong mix of growth and income, reinforcing its appeal to defensive and dividend-focused investors. Coca-Cola (KO) Combines Growth and Income in a Challenging Consumer Environment
• Neutral Sentiment: Several articles were more commentary-oriented, including a piece on why Warren Buffett has held Coca-Cola for decades, which supports the long-term bull case but is not a near-term catalyst. Why Warren Buffett Hasn’t Sold Coca-Cola Stock for Over 30 Years
• Negative Sentiment: One recent market update noted Coca-Cola stock had declined 1.8% in a separate session, showing there is still some volatility and profit-taking even with the broader positive tone. CocaCola (NYSE:KO) Stock Price Down 1.8% – Here’s What Happened

CocaCola Trading Down 0.4%

Shares of KO opened at $78.68 on Tuesday. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $82.66. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. The stock has a 50 day simple moving average of $77.81 and a 200-day simple moving average of $75.14. The stock has a market cap of $338.52 billion, a PE ratio of 24.74, a PEG ratio of 3.16 and a beta of 0.35.

CocaCola (NYSE:KO) last issued its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The business had revenue of $12.47 billion during the quarter, compared to analysts’ expectations of $12.24 billion. During the same period in the prior year, the firm posted $0.73 EPS. CocaCola’s quarterly revenue was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, sell-side analysts predict that CocaCola Company will post 3.26 EPS for the current fiscal year.

CocaCola Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be given a dividend of $0.53 per share. The ex-dividend date is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.7%. CocaCola’s dividend payout ratio is 66.67%.

CocaCola Profile

The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.