165,809 Coca-Cola Company (The) $KO Shares Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA trimmed its position in Coca-Cola Company (The) (NYSE:KO) by 6.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,604,718 shares of the company’s stock after selling 165,809 shares during the quarter. Pictet Asset Management Holding SA owned approximately 0.06% of Coca-Cola worth $224,217,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Allen Investment Management LLC grew its stake in shares of Coca-Cola by 43.7% during the third quarter. Allen Investment Management LLC now owns 341,016 shares of the company’s stock worth $29,355,000 after purchasing an additional 103,772 shares in the last quarter. Tennessee Valley Asset Management Partners increased its holdings in Coca-Cola by 2.0% in the third quarter. Tennessee Valley Asset Management Partners now owns 6,721 shares of the company’s stock valued at $581,000 after buying an additional 129 shares during the last quarter. Parallel Advisors LLC raised its stake in Coca-Cola by 1.3% in the third quarter. Parallel Advisors LLC now owns 102,033 shares of the company’s stock valued at $8,783,000 after buying an additional 1,359 shares in the last quarter. Asset Dedication LLC raised its stake in Coca-Cola by 1.6% in the third quarter. Asset Dedication LLC now owns 46,930 shares of the company’s stock valued at $4,040,000 after buying an additional 742 shares in the last quarter. Finally, Plancorp LLC raised its stake in Coca-Cola by 21.9% in the third quarter. Plancorp LLC now owns 20,721 shares of the company’s stock valued at $1,949,000 after buying an additional 3,716 shares in the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on KO shares. Evercore reaffirmed an “outperform” rating and set a $100.00 price target (up from $88.00) on shares of Coca-Cola in a report on Tuesday, July 28th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $86.00 price objective (up from $82.00) on shares of Coca-Cola in a report on Tuesday, July 28th. Wells Fargo & Company raised their target price on Coca-Cola from $90.00 to $100.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 28th. Deutsche Bank Aktiengesellschaft raised their target price on Coca-Cola from $92.00 to $98.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Finally, Rothschild & Co Redburn boosted their target price on Coca-Cola from $86.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $97.26.

Insider Transactions at Coca-Cola

In other news, insider Sanket Ray sold 9,958 shares of Coca-Cola stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $86.50, for a total transaction of $861,367.00. Following the sale, the insider owned 62,105 shares in the company, valued at approximately $5,372,082.50. The trade was a 13.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Nancy Quan sold 50,000 shares of the business’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $90.39, for a total value of $4,519,500.00. Following the completion of the sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $20,186,798.70. The trade was a 18.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 238,871 shares of company stock worth $21,918,267 over the last three months. 0.90% of the stock is currently owned by company insiders.

Key Headlines Impacting Coca-Cola

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

• Positive Sentiment: Coca-Cola shares reportedly reached a record high as investors sought defensive stocks amid a market downturn. Its established brands and dividend income may be attracting buyers looking for more resilient businesses. Coca-Cola Stock Hits Record High as Market Crashes
• Positive Sentiment: Recent articles point to Coca-Cola’s shelf presence, distribution reach and consumer habits as sources of a durable competitive advantage. The company’s ability to raise prices while still growing volume supports the long-term investment case. Coca-Cola Stock Is a Buy Thanks to Shelf Space and Habits
• Positive Sentiment: Investors are also focusing on the company’s 64 consecutive years of dividend increases. Its latest quarterly results beat estimates, with revenue up year over year, and coverage says the company raised its outlook and dividend—supporting its earnings and income appeal. Coca-Cola Earnings Beat Lifts Guidance and Dividend
• Positive Sentiment: Margin expansion despite higher marketing spending, supported by productivity gains and disciplined pricing, suggests Coca-Cola is balancing investment with profitability. Can Coca-Cola Keep Expanding Margins While Investing More?
• Neutral Sentiment: Executive Beatriz Perez sold 67,548 shares, but the reported sale was to cover tax withholding on vested equity awards, making it a limited signal about her view of the business. Coca-Cola EVP Share Sale
• Negative Sentiment: After a strong run this year and a move to record levels, valuation may constrain further gains; one dividend-focused article suggests prospective investors consider waiting before buying. Coca-Cola’s Dividend Record and Valuation

Coca-Cola Trading Down 0.0%

Shares of Coca-Cola stock opened at $95.69 on Friday. The company has a current ratio of 1.38, a quick ratio of 1.19 and a debt-to-equity ratio of 0.93. The company has a fifty day simple moving average of $89.96 and a 200-day simple moving average of $82.69. The stock has a market cap of $411.63 billion, a price-to-earnings ratio of 28.14, a PEG ratio of 3.73 and a beta of 0.28. Coca-Cola Company has a 12-month low of $67.27 and a 12-month high of $97.39.

Coca-Cola (NYSE:KO) last announced its quarterly earnings results on Tuesday, October 27th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.88 by $0.03. Coca-Cola had a net margin of 28.65% and a return on equity of 38.79%. The firm had revenue of $13.35 billion for the quarter, compared to analyst estimates of $12.92 billion. During the same period last year, the business earned $0.82 EPS. Coca-Cola’s revenue for the quarter was up 7.2% compared to the same quarter last year. On average, equities analysts forecast that Coca-Cola Company will post 3.34 EPS for the current fiscal year.

Coca-Cola Dividend Announcement

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 issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $2.12 annualized dividend and a dividend yield of 2.2%. Coca-Cola’s dividend payout ratio (DPR) is presently 62.35%.

Coca-Cola Profile

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.