CocaCola Company (The) $KO Stock Acquired by Farther Finance Advisors LLC

Key Points

• Farther Finance Advisors increased its Coca-Cola stake by 22.4% in the third quarter, bringing its holdings to 197,252 shares valued at approximately $16.98 million. Institutional investors collectively own 70.26% of KO.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $95.95. Coca-Cola recently exceeded quarterly earnings and revenue expectations, while reporting 6.2% year-over-year revenue growth.
• Coca-Cola continues to offer income appeal through its $0.53 quarterly dividend, equivalent to a 2.4% yield, but valuation and insider-selling concerns remain; the stock trades at a P/E ratio near 26, and insiders sold about $83.1 million of shares over the past three months.

Farther Finance Advisors LLC increased its stake in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 22.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 197,252 shares of the company's stock after purchasing an additional 36,067 shares during the period. Farther Finance Advisors LLC's holdings in CocaCola were worth $16,979,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. State Street Corp boosted its stake in shares of CocaCola by 1.2% during the fourth quarter. State Street Corp now owns 167,850,330 shares of the company's stock valued at $11,734,417,000 after acquiring an additional 1,992,327 shares during the last quarter. Bank of America Corp DE raised 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 valued at $3,735,058,000 after purchasing an additional 1,939,673 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in CocaCola by 0.4% in 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 valued at $2,954,523,000 after purchasing an additional 162,097 shares during the last quarter. Wellington Management Group LLP lifted its holdings in CocaCola by 9.2% in 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 in the last quarter. Finally, Invesco Ltd. lifted its holdings in CocaCola by 6.7% in the 4th quarter. Invesco Ltd. now owns 28,520,214 shares of the company's stock valued at $1,993,848,000 after purchasing an additional 1,798,371 shares in the last quarter. Hedge funds and other institutional investors own 70.26% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Wells Fargo & Company lowered their price target on shares of CocaCola from $95.00 to $90.00 and set an "overweight" rating for the company in a report on Monday. UBS Group set a $104.00 price objective on shares of CocaCola and gave the company a "buy" rating in a research note on Wednesday, July 29th. TD Cowen raised their target price on shares of CocaCola from $90.00 to $100.00 and gave the stock a "buy" rating in a research report on Wednesday, July 29th. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $86.00 target price (up from $82.00) on shares of CocaCola in a research note on Tuesday, July 28th. Finally, Weiss Ratings raised CocaCola from a "buy (b+)" rating to a "buy (a-)" rating in a research note on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, CocaCola has a consensus rating of "Moderate Buy" and a consensus target price of $95.95.

Insider Activity at CocaCola

In other news, Chairman James Quincey sold 145,947 shares of the company's stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $90.09, for a total transaction of $13,148,365.23. Following the completion of the sale, the chairman directly owned 122,833 shares in the company, valued at $11,066,024.97. This represents a 54.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $90.93, for a total value of $10,126,419.45. Following the completion of the transaction, the insider directly owned 41,365 shares in the company, valued at $3,761,319.45. This trade represents a 72.92% decrease in their ownership of the stock. 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. Over the last three months, insiders sold 926,620 shares of company stock worth $83,075,714. 0.90% of the stock is owned by corporate insiders.

CocaCola Trading Up 2.2%

Shares of KO stock opened at $87.73 on Friday. The firm has a market cap of $377.48 billion, a P/E ratio of 26.35, a PEG ratio of 3.34 and a beta of 0.32. CocaCola Company has a 1-year low of $66.00 and a 1-year high of $92.49. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 1.12. The firm's 50-day simple moving average is $88.00 and its 200-day simple moving average is $82.73.

CocaCola (NYSE:KO - Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.04. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The business had revenue of $13.37 billion for the quarter, compared to analysts' expectations of $13.17 billion. During the same period last year, the company earned $0.87 earnings per share. The company's quarterly revenue was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, equities analysts forecast that CocaCola Company will post 3.29 EPS for the current year.

CocaCola Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th were issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Tuesday, September 15th. CocaCola's dividend payout ratio (DPR) is 63.66%.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Potential Costa Coffee sale: Coca-Cola is reportedly exploring another sale of Costa Coffee. A divestiture could generate cash, simplify the portfolio and allow management to focus on higher-priority beverage businesses, although no transaction has been announced. Coca-Cola looks to sell Costa Coffee again, Semafor reports
• Positive Sentiment: Healthy volume and guidance trends: Recent coverage highlights approximately 5% volume growth in the second quarter, broader gains across cases sold, pricing and operating margins, and multiple outlook increases. Coca-Cola previously beat earnings expectations, reporting $0.97 in EPS versus a $0.93 consensus estimate and $13.37 billion in revenue versus $13.17 billion expected. Coca-Cola raises its outlook
• Positive Sentiment: Product innovation: New zero-sugar, prebiotic and flavored soda launches—including banana-vanilla offerings—could support consumer engagement and longer-term growth as preferences shift toward “better-for-you” beverages. Coca-Cola launches new soda products
• Neutral Sentiment: Defensive appeal remains intact: Coca-Cola continues to attract income-focused investors because of its long dividend history, strong global distribution network and roughly 28.5% net margin. However, comparisons with PepsiCo and other consumer-staples stocks offer no clear new catalyst for KO. Three soda giants pay dividends
• Negative Sentiment: Valuation and execution risks: Analysts caution that KO trades above its historical average multiple, with a P/E near 26, while its cash-flow-based valuation appears close to fair value. A bearish earnings preview also points to insider selling and limited room for disappointment ahead of results. Coca-Cola Q3 earnings preview

CocaCola Company Profile

The Coca-Cola Company NYSE: KO is a global beverage company headquartered in Atlanta, Georgia. Its portfolio includes sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and other ready-to-drink products. The company's best-known brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, Powerade, Minute Maid, fairlife, and Georgia Coffee.

Founded in 1886, the company develops, owns, licenses, markets, and distributes beverage brands through a network of bottling partners, distributors, retailers, and food-service operators.

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