Coca-Cola Company (The) $KO Stock Position Decreased by Lockheed Martin Investment Management Co.

Key Points

• Lockheed Martin Investment Management cut its Coca-Cola stake by 56.5% in the third quarter, selling 177,025 shares and retaining 136,440 shares valued at about $11.7 million.
• Coca-Cola beat quarterly expectations, reporting EPS of $0.91 versus $0.88 expected and revenue of $13.35 billion, up 7.2% year over year.
• Analysts maintain a “Moderate Buy” consensus, with an average price target of $97.26; the company also announced a quarterly dividend of $0.53 per share.

Lockheed Martin Investment Management Co. cut its holdings in Coca-Cola Company (The) (NYSE:KO - Free Report) by 56.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 136,440 shares of the company's stock after selling 177,025 shares during the quarter. Coca-Cola comprises 0.8% of Lockheed Martin Investment Management Co.'s holdings, making the stock its 21st biggest position. Lockheed Martin Investment Management Co.'s holdings in Coca-Cola were worth $11,745,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

KO has been the topic of a number of recent research reports. Piper Sandler lifted their target price on Coca-Cola from $95.00 to $102.00 and gave the company an "overweight" rating in a research report on Monday, October 26th. JPMorgan Chase & Co. upped their price target on Coca-Cola from $95.00 to $98.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 28th. Jefferies Financial Group raised their price target on shares of Coca-Cola from $95.00 to $104.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Coca-Cola from $92.00 to $98.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. Finally, Morgan Stanley boosted their price objective on shares of Coca-Cola from $100.00 to $103.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 28th. One 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 company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $97.26.

Coca-Cola Price Performance

Shares of NYSE KO opened at $96.00 on Tuesday. The business's 50 day moving average price is $90.09 and its two-hundred day moving average price is $82.81. The company has a market cap 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 quick ratio of 1.19, a current ratio of 1.38 and a debt-to-equity ratio of 0.93. Coca-Cola Company has a twelve month low of $67.27 and a twelve month high of $97.39.

Coca-Cola (NYSE:KO - Get Free Report) last released 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 during the quarter, compared to analysts' expectations of $12.92 billion. During the same period last year, the firm posted $0.82 earnings per share. The business's revenue was up 7.2% on a year-over-year basis. On average, analysts predict that Coca-Cola Company will post 3.34 EPS for the current year.

Coca-Cola Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 2.2%. Coca-Cola's payout ratio is presently 62.35%.

Trending Headlines about Coca-Cola

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

Insider Activity at Coca-Cola

In related news, EVP Nancy Quan sold 20,585 shares of the stock in a transaction on Thursday, November 5th. The stock was sold at an average price of $95.62, for a total value of $1,968,337.70. Following the sale, the executive vice president owned 223,330 shares in the company, valued at approximately $21,354,814.60. This represents a 8.44% decrease in their position. The transaction was disclosed in a legal filing 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, insider Bruno Pietracci sold 111,365 shares of the firm's stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $90.93, for a total value of $10,126,419.45. Following the sale, the insider directly 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 SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 249,498 shares of company stock worth $23,025,238. Company insiders own 0.90% of the company's stock.

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.

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