Bank Pictet & Cie Europe AG Buys 18,666 Shares of CocaCola Company (The) $KO

Key Points

• Bank Pictet & Cie Europe AG increased its Coca-Cola stake by 66.5% in the third quarter, purchasing 18,666 shares and bringing its holdings to 46,736 shares valued at approximately $4.0 million. Institutional investors collectively own 70.26% of KO.
• Analysts remain broadly bullish on Coca-Cola, with 21 of 23 analysts rating it Buy or Strong Buy and an average price target of $96.27.
• Coca-Cola recently beat quarterly earnings and revenue estimates, while maintaining a $0.53 quarterly dividend—a 2.3% annualized yield. However, the stock’s strong rise has compressed its yield and raised valuation and near-term earnings-beat concerns.

Bank Pictet & Cie Europe AG increased its stake in CocaCola Company (The) (NYSE:KO - Free Report) by 66.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,736 shares of the company's stock after purchasing an additional 18,666 shares during the quarter. Bank Pictet & Cie Europe AG's holdings in CocaCola were worth $4,023,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of KO. Bank of America Corp DE boosted its stake in CocaCola by 4.4% in the 2nd quarter. Bank of America Corp DE now owns 45,958,636 shares of the company's stock worth $3,735,058,000 after purchasing an additional 1,939,673 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in CocaCola by 0.4% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,354,414 shares of the company's stock worth $2,954,523,000 after purchasing an additional 162,097 shares in the last quarter. Wellington Management Group LLP raised its stake in CocaCola by 9.2% during the 2nd quarter. Wellington Management Group LLP now owns 29,053,752 shares of the company's stock valued at $2,361,198,000 after purchasing an additional 2,439,026 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of CocaCola by 1.3% in the first quarter. Dimensional Fund Advisors LP now owns 18,822,295 shares of the company's stock valued at $1,431,495,000 after purchasing an additional 235,785 shares in the last quarter. Finally, Fayez Sarofim & Co lifted its holdings in shares of CocaCola by 0.7% in the second quarter. Fayez Sarofim & Co now owns 15,272,831 shares of the company's stock valued at $1,241,223,000 after purchasing an additional 113,599 shares in the last quarter. Institutional investors and hedge funds own 70.26% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on KO shares. JPMorgan Chase & Co. decreased their target price on CocaCola from $96.00 to $95.00 and set an "overweight" rating for the company in a research report on Monday, September 28th. UBS Group reiterated a "buy" rating on shares of CocaCola in a report on Monday. Evercore reissued an "outperform" rating and set a $100.00 price target (up from $88.00) on shares of CocaCola in a research report on Tuesday, July 28th. DZ Bank reissued a "buy" rating on shares of CocaCola in a research note on Wednesday, July 29th. Finally, Piper Sandler reissued an "overweight" rating and issued a $95.00 price objective (up from $88.00) on shares of CocaCola in a research note on Wednesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $96.27.

CocaCola Stock Performance

Shares of KO opened at $93.44 on Wednesday. The company's 50 day moving average price is $88.74 and its 200 day moving average price is $83.64. CocaCola Company has a 52 week low of $67.27 and a 52 week high of $94.10. The company has a market capitalization of $402.04 billion, a PE ratio of 28.92, a PEG ratio of 3.63 and a beta of 0.32. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.12 and a current ratio of 1.30.

CocaCola (NYSE:KO - Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.93 by $0.04. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The company had revenue of $13.37 billion during the quarter, compared to analyst estimates of $13.17 billion. During the same quarter last year, the business posted $0.87 EPS. The company's revenue for the quarter was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Research analysts expect that CocaCola Company will post 3.30 EPS for the current fiscal year.

CocaCola Announces Dividend

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. This represents a $2.12 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Tuesday, December 1st. CocaCola's dividend payout ratio (DPR) is currently 63.66%.

Insider Buying and Selling at CocaCola

In related news, EVP Nancy Quan sold 50,000 shares of CocaCola stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the completion of the sale, the executive vice president owned 223,330 shares of the company's stock, valued at approximately $20,186,798.70. This trade represents a 18.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO John Murphy sold 152,483 shares of CocaCola stock in a transaction on Friday, July 31st. The shares were sold at an average price of $87.31, for a total value of $13,313,290.73. Following the sale, the chief financial officer directly owned 279,917 shares of the company's stock, valued at approximately $24,439,553.27. The trade was a 35.26% decrease in their position. 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 sold 926,620 shares of company stock valued at $83,075,714 in the last quarter. Corporate insiders own 0.90% of the company's stock.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analysts remain bullish: Wells Fargo and UBS both maintained their Buy ratings on Coca-Cola, reinforcing confidence in the company’s growth outlook and defensive qualities. Wells Fargo Coca-Cola rating UBS Coca-Cola rating
• Positive Sentiment: KFC partnership expands foodservice reach: KFC will replace Pepsi with Coca-Cola beverages in its U.S. restaurants beginning in January 2027, eventually covering roughly 3,700–4,000 locations. The direct revenue impact may be limited, but the deal improves fountain distribution, brand visibility and consumer occasions. Coca-Cola KFC partnership
• Positive Sentiment: Defensive-investment appeal persists: Articles continue to highlight Coca-Cola’s 64-year record of dividend increases, global scale and low-beta profile, which may attract investors amid renewed market volatility. Defensive stocks article
• Neutral Sentiment: Coffee strategy is under review: Coverage questions what Coca-Cola may change in its coffee business, signaling potential portfolio adjustments but no clearly identified near-term financial impact. Coca-Cola coffee business
• Negative Sentiment: Valuation and earnings concerns are emerging: After rising roughly 35%–40% this year, Coca-Cola’s dividend yield has compressed to about 2.2%. Zacks also says the company may lack the usual indicators for an upcoming earnings beat, creating a risk that expectations have outpaced near-term results. Coca-Cola earnings expectations

CocaCola 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.

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