151,722 Coca-Cola Company (The) $KO Shares Acquired by Allspring Global Investments Holdings LLC

Key Points

• Allspring Global Investments increased its Coca-Cola stake by 17.4%, buying 151,722 shares in the third quarter and ending the period with 1,021,691 shares valued at about $88 million.
• Coca-Cola beat quarterly estimates, reporting earnings of $0.91 per share and revenue of $13.35 billion, up 7.2% year over year. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $97.26.
• The company declared a quarterly dividend of $0.53 per share, equivalent to an annualized yield of about 2.2%; meanwhile, coverage cited valuation concerns after the stock’s strong 2026 rise.

Allspring Global Investments Holdings LLC boosted its stake in shares of Coca-Cola Company (The) (NYSE:KO - Free Report) by 17.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,021,691 shares of the company's stock after purchasing an additional 151,722 shares during the quarter. Allspring Global Investments Holdings LLC's holdings in Coca-Cola were worth $87,968,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of KO. Garrett Wealth Advisory Group LLC boosted its holdings in shares of Coca-Cola by 1.7% during the 3rd quarter. Garrett Wealth Advisory Group LLC now owns 6,274 shares of the company's stock worth $540,000 after buying an additional 107 shares during the period. Certified Advisory Corp boosted its holdings in shares of Coca-Cola by 0.3% during the third 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 boosted its holdings in shares of Coca-Cola by 3.6% during the second quarter. Lantern Wealth Advisors LLC now owns 3,316 shares of the company's stock worth $270,000 after acquiring an additional 115 shares during the period. New Wave Wealth Advisors LLC increased its stake in shares of Coca-Cola by 4.4% during the third quarter. New Wave Wealth Advisors LLC now owns 2,747 shares of the company's stock worth $248,000 after purchasing an additional 116 shares during the period. Finally, Gill Capital Partners LLC increased its stake in shares of Coca-Cola by 4.1% during the second quarter. Gill Capital Partners LLC now owns 2,992 shares of the company's stock worth $243,000 after purchasing an additional 117 shares during the period. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently issued reports on KO shares. Piper Sandler boosted their price target on Coca-Cola from $95.00 to $102.00 and gave the company an "overweight" rating in a research note on Monday, October 26th. Sanford C. Bernstein reissued a "market perform" rating and set a $93.00 target price (up from $83.00) on shares of Coca-Cola in a report on Wednesday, July 29th. HSBC raised their target price on shares of Coca-Cola from $90.00 to $98.00 and gave the stock a "buy" rating in a report on Wednesday, July 29th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $96.00 price target on shares of Coca-Cola in a research note on Monday, October 26th. Finally, Evercore reaffirmed an "outperform" rating and issued a $100.00 price objective (up from $88.00) on shares of Coca-Cola in a report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $97.26.

Coca-Cola News Summary

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

Coca-Cola Trading Up 0.4%

Shares of Coca-Cola stock opened at $96.00 on Tuesday. The firm has a market capitalization of $413.00 billion, a PE ratio of 28.24, a price-to-earnings-growth ratio of 3.74 and a beta of 0.28. 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 firm's 50 day moving average is $90.09 and its 200 day moving average is $82.81. Coca-Cola Company has a 1 year low of $67.27 and a 1 year high of $97.39.

Coca-Cola (NYSE:KO - Get Free Report) last issued its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $12.92 billion. Coca-Cola had a net margin of 28.65% and a return on equity of 38.79%. The firm's revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.82 EPS. Equities research analysts forecast that Coca-Cola Company will post 3.34 earnings per share 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. Investors 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 62.35%.

Insider Activity at Coca-Cola

In other news, EVP Nancy Quan sold 20,585 shares of the business's stock in a transaction dated 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 sale, 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 transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Beatriz R. Perez sold 67,548 shares of the firm's 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 completion of the transaction, the executive vice president owned 160,428 shares of the company's stock, valued at approximately $15,226,221.48. This trade represents a 29.63% decrease in their position. 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 have sold a total of 249,498 shares of company stock valued at $23,025,238 in 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.

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