Coca-Cola Company (The) $KO Stake Raised by Fisher Asset Management LLC

Key Points

• Fisher Asset Management increased its Coca-Cola stake by 5.9% in the third quarter, adding 384,780 shares to hold about 6.9 million shares valued at $594.2 million.
• Coca-Cola beat quarterly estimates, reporting EPS of $0.91 versus $0.88 expected and revenue of $13.35 billion, up 7.2% year over year. Analysts’ consensus rating was “Moderate Buy,” with an average price target of $97.26.
• The company declared a quarterly dividend of $0.53 per share, equivalent to $2.12 annually and a 2.2% yield.

Fisher Asset Management LLC increased its holdings in Coca-Cola Company (The) (NYSE:KO - Free Report) by 5.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,903,071 shares of the company's stock after acquiring an additional 384,780 shares during the quarter. Fisher Asset Management LLC owned about 0.16% of Coca-Cola worth $594,216,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Legacy Trust raised its position in shares of Coca-Cola by 3.3% in the 3rd quarter. Legacy Trust now owns 13,774 shares of the company's stock worth $1,296,000 after acquiring an additional 445 shares in the last quarter. Ariadne Wealth Management LP lifted its stake in shares of Coca-Cola by 26.6% in the 3rd quarter. Ariadne Wealth Management LP now owns 4,516 shares of the company's stock valued at $389,000 after purchasing an additional 948 shares during the period. Eurizon Capital SGR S.p.A. lifted its stake in shares of Coca-Cola by 12.3% in the 3rd quarter. Eurizon Capital SGR S.p.A. now owns 4,974,431 shares of the company's stock valued at $429,301,000 after purchasing an additional 543,242 shares during the period. Werba Rubin Papier Wealth Management boosted its position in shares of Coca-Cola by 9.4% during the third quarter. Werba Rubin Papier Wealth Management now owns 10,264 shares of the company's stock valued at $884,000 after purchasing an additional 882 shares in the last quarter. Finally, Nikulski Financial Inc. boosted its position in shares of Coca-Cola by 50.0% during the third quarter. Nikulski Financial Inc. now owns 4,228 shares of the company's stock valued at $364,000 after purchasing an additional 1,410 shares in the last quarter. Institutional investors own 70.26% of the company's stock.

Key Stories Impacting Coca-Cola

Here are a few of the latest stories about KO:

• Positive Sentiment: Coverage highlighted revenue growth, rising volumes, brand innovation and the company’s positive 2026 outlook as drivers behind KO reaching a 52-week high. Its global distribution network also underpins its growth prospects. Coca-Cola Stock Hits 52-Week High: Should You Buy Now or Wait?
• Positive Sentiment: Zacks Research raised several earnings forecasts, including FY2026 EPS to $3.34 from $3.29 and FY2028 EPS to $3.78 from $3.74, signaling improved expectations for longer-term earnings. Zacks Research earnings estimate updates
• Neutral Sentiment: Coca-Cola announced that President and CFO John Murphy will speak at the Morgan Stanley Global Consumer & Retail Conference on December 2. The notice did not include new financial guidance. The Coca-Cola Company Announces Participation in Morgan Stanley Global Consumer & Retail Conference

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on KO shares. Weiss Ratings cut shares of Coca-Cola from a "buy (a+)" rating to a "buy (a)" rating in a report on Friday, October 23rd. Evercore reaffirmed an "outperform" rating and issued a $100.00 target price (up from $88.00) on shares of Coca-Cola in a research report on Tuesday, July 28th. Bank of America upped their price objective on shares of Coca-Cola from $95.00 to $100.00 and gave the stock a "buy" rating in a report on Wednesday, July 29th. Rothschild & Co Redburn raised their target price on shares of Coca-Cola from $86.00 to $92.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. Finally, Argus raised their target price on shares of Coca-Cola from $91.00 to $97.00 and gave the company a "buy" rating in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $97.26.

Insider Buying and Selling at Coca-Cola

In other news, insider Bruno Pietracci sold 111,365 shares of the company's stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $90.93, for a total transaction of $10,126,419.45. Following the completion of the sale, the insider owned 41,365 shares of the company's stock, valued at $3,761,319.45. This represents a 72.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Nancy Quan sold 20,585 shares of the stock in a transaction that occurred on 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 completion of the transaction, the executive vice president owned 223,330 shares in the company, valued at $21,354,814.60. This trade represents a 8.44% 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 a total of 249,498 shares of company stock worth $23,025,238 in the last three months. 0.90% of the stock is currently owned by company insiders.

Coca-Cola Trading Down 0.2%

Coca-Cola stock opened at $97.40 on Friday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.38 and a quick ratio of 1.19. Coca-Cola Company has a one year low of $67.27 and a one year high of $98.38. The stock has a market capitalization of $419.02 billion, a PE ratio of 28.65, a price-to-earnings-growth ratio of 3.81 and a beta of 0.28. The business's fifty day moving average is $90.62 and its 200 day moving average is $83.18.

Coca-Cola (NYSE:KO - Get Free Report) last issued its earnings results on Tuesday, October 27th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.03. The company had revenue of $13.35 billion for the quarter, compared to analysts' expectations of $12.92 billion. Coca-Cola had a net margin of 28.65% and a return on equity of 38.79%. The firm's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the company posted $0.82 earnings per share. On average, sell-side analysts predict that Coca-Cola Company will post 3.34 EPS for the current year.

Coca-Cola Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Tuesday, December 1st. Coca-Cola's payout ratio is currently 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.

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