Coca-Cola Company (The) $KO Shares Acquired by Choreo LLC

Key Points

• Choreo LLC increased its Coca-Cola stake by 7.5% in the third quarter, adding 18,710 shares for a total holding of 268,303 shares valued at approximately $23.2 million. Institutional investors collectively own 70.26% of KO.
• Coca-Cola reported a strong third quarter, with revenue of $13.35 billion and adjusted EPS of $0.91, exceeding estimates; revenue rose 7.2% year over year and global unit case volume increased 5%.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and $97.26 target price, while Coca-Cola offers a $0.53 quarterly dividend, equivalent to a 2.3% yield. However, some analysts caution that the stock’s recent rally has left it at a premium valuation.

Choreo LLC boosted its stake in shares of Coca-Cola Company (The) (NYSE:KO - Free Report) by 7.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 268,303 shares of the company's stock after buying an additional 18,710 shares during the quarter. Choreo LLC's holdings in Coca-Cola were worth $23,236,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Garrett Wealth Advisory Group LLC raised its position in shares of Coca-Cola by 1.7% during the third quarter. Garrett Wealth Advisory Group LLC now owns 6,274 shares of the company's stock worth $540,000 after acquiring an additional 107 shares during the last quarter. Lantern Wealth Advisors LLC lifted its stake in shares of Coca-Cola by 3.6% in 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 lifted its stake in shares of Coca-Cola by 4.4% in the third quarter. New Wave Wealth Advisors LLC now owns 2,747 shares of the company's stock worth $248,000 after acquiring an additional 116 shares during the period. Gill Capital Partners LLC lifted its stake in shares of Coca-Cola by 4.1% in the second quarter. Gill Capital Partners LLC now owns 2,992 shares of the company's stock worth $243,000 after acquiring an additional 117 shares during the period. Finally, Atomic Invest LLC boosted its holdings in Coca-Cola by 38.7% in the second quarter. Atomic Invest LLC now owns 437 shares of the company's stock valued at $36,000 after acquiring an additional 122 shares during the last quarter. Institutional investors own 70.26% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. DZ Bank reissued a "buy" rating on shares of Coca-Cola in a research report on Wednesday, July 29th. Freedom Broker raised their price target on shares of Coca-Cola from $85.00 to $89.00 and gave the stock a "hold" rating in a report on Wednesday. Barclays boosted their price target on shares of Coca-Cola from $93.00 to $98.00 and gave the stock an "overweight" rating in a research report on Friday, October 16th. Seaport Research Partners set a $95.00 price objective on shares of Coca-Cola in a research note on Friday, August 14th. Finally, Wells Fargo & Company upped their price objective on shares of Coca-Cola from $90.00 to $100.00 and gave the company an "overweight" rating in a research note on Wednesday. One equities 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 stock. According to MarketBeat.com, Coca-Cola has a consensus rating of "Moderate Buy" and a consensus target price of $97.26.

Insiders Place Their Bets

In other Coca-Cola news, insider Sanket Ray sold 9,958 shares of the business's stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $86.50, for a total value of $861,367.00. Following the transaction, the insider directly owned 62,105 shares of the company's stock, valued at approximately $5,372,082.50. The trade was a 13.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Nancy Quan sold 50,000 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total value of $4,519,500.00. Following the transaction, the executive vice president owned 223,330 shares in the company, 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. Over the last three months, insiders sold 171,323 shares of company stock worth $15,507,286. 0.90% of the stock is owned by corporate insiders.

Key Coca-Cola News

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

• Positive Sentiment: Coca-Cola reported its sixth consecutive earnings beat, with third-quarter revenue of $13.35 billion and adjusted EPS of $0.91, ahead of estimates. Global unit case volume increased 5%, and management raised its 2026 comparable EPS growth forecast to at least 11%. KO Q3 Earnings Call Highlights
• Positive Sentiment: Analysts remained constructive following the results. Citigroup raised its target to $103, JPMorgan to $98, and TD Cowen to $104; the firms maintained Buy or Overweight ratings. TD Cowen Coca-Cola Rating
• Positive Sentiment: Jim Cramer endorsed Coca-Cola, while investors continue to view its global distribution network, iconic brands and emerging-market opportunity as long-term growth advantages. India’s strong performance and potential 2027 IPO of Hindustan Coca-Cola Holdings could also unlock value. Jim Cramer Says Buy Coca-Cola
• Neutral Sentiment: Coca-Cola’s 64-year record of dividend increases and approximately 2.3% yield support its appeal as an income and defensive investment, though the lower yield provides less immediate income after the stock’s strong rally.
• Negative Sentiment: Some commentary suggests waiting for a better entry point because the shares trade at a premium valuation after a roughly 31%–35% 2026 advance. Flat North American volume, potential revenue pressure from divestitures and ongoing IRS litigation remain concerns. Coca-Cola Raised Its 2026 Outlook
• Negative Sentiment: Freedom Broker raised its price target to $89 but kept a Hold rating, implying that the stock may already exceed near-term fair value. Comparisons with higher-yielding beverage or consumer-staple alternatives may further limit buying enthusiasm.

Coca-Cola Stock Performance

KO stock opened at $92.84 on Friday. The stock has a 50-day moving average price of $89.40 and a 200-day moving average price of $81.96. Coca-Cola Company has a 1-year low of $67.27 and a 1-year high of $95.37. The company has a current ratio of 1.38, a quick ratio of 1.12 and a debt-to-equity ratio of 0.93. The firm has a market cap of $399.47 billion, a PE ratio of 27.31, a price-to-earnings-growth ratio of 3.52 and a beta of 0.32.

Coca-Cola (NYSE:KO - Get Free Report) last announced its quarterly earnings data on Tuesday, October 27th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $12.92 billion. During the same period in the previous year, the business earned $0.82 EPS. The firm's revenue was up 7.2% compared to the same quarter last year. As a group, equities research analysts expect that Coca-Cola Company will post 3.34 earnings per share for the current year.

Coca-Cola Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Tuesday, December 1st. Coca-Cola's payout ratio is presently 63.66%.

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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