CocaCola Company (The) $KO Stock: Assenagon Asset Management S.A. Grows Stake

Assenagon Asset Management S.A. boosted its holdings in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 36.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,519,273 shares of the company's stock after buying an additional 939,148 shares during the quarter. Assenagon Asset Management S.A. owned about 0.08% of CocaCola worth $302,939,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of KO. Bank of America Corp DE raised its stake in shares of 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 acquiring 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 CocaCola 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 purchasing an additional 162,097 shares during the period. Wellington Management Group LLP boosted its position in CocaCola 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 purchasing an additional 2,439,026 shares during the period. Invesco Ltd. boosted its position in CocaCola by 6.7% during the fourth quarter. Invesco Ltd. now owns 28,520,214 shares of the company's stock worth $1,993,848,000 after purchasing an additional 1,798,371 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake 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 worth $1,431,495,000 after buying an additional 235,785 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: KFC is switching to Coca-Cola. KFC will replace PepsiCo beverages with Coca-Cola products at its U.S. restaurants, ending a partnership that dates back to 1986. The agreement gives KO additional fountain-drink distribution and represents a competitive win, although the financial contribution was not disclosed. KFC to switch to Coca-Cola beverages in U.S. restaurants
• Positive Sentiment: Momentum remains strong. KO has risen about 34% in 2026 and has outperformed the so-called Magnificent Seven technology stocks. Shares have also held above their 50-day moving average, supporting the bullish technical trend. Coca-Cola stock is up 34% in 2026
• Positive Sentiment: Dividend income remains a core attraction. Coca-Cola’s board declared its regular quarterly dividend, reinforcing the company’s long record of annual payout increases and its appeal to income-focused investors. Coca-Cola Board declares quarterly dividend
• Neutral Sentiment: Analyst and earnings context is mixed. Bernstein maintained a Hold rating, while broader brokerage recommendations remain favorable. Coca-Cola’s latest quarter exceeded EPS and revenue expectations, but investors will look to the scheduled Oct. 27 results for evidence that growth can support the elevated share price.
• Negative Sentiment: Valuation is a potential constraint. KO trades at a premium earnings multiple after its strong run, prompting questions about whether future growth justifies the price. Commentary also highlights the need for continued pricing power, innovation and volume growth to sustain performance. Coca-Cola’s dividend growth streak faces a valuation reality check

CocaCola Trading Down 0.0%

KO opened at $91.78 on Friday. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97. The stock has a market capitalization of $394.87 billion, a PE ratio of 27.56, a PEG ratio of 3.57 and a beta of 0.32. CocaCola Company has a 1-year low of $67.16 and a 1-year high of $94.10. The firm has a 50-day moving average price of $88.34 and a two-hundred day moving average price of $83.27.

CocaCola (NYSE:KO - Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $13.17 billion. During the same period in the prior year, the business earned $0.87 earnings per share. CocaCola'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 anticipate that CocaCola Company will post 3.30 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CFO John Murphy sold 152,483 shares of the business's stock in a transaction on Friday, July 31st. The stock was sold at an average price of $87.31, for a total transaction of $13,313,290.73. Following the completion of the sale, the chief financial officer owned 279,917 shares in the company, valued at $24,439,553.27. The trade was a 35.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Sanket Ray sold 9,958 shares of the firm's stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $86.50, for a total value of $861,367.00. Following the completion of the transaction, the insider owned 62,105 shares in the company, valued at approximately $5,372,082.50. This represents a 13.82% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 926,620 shares of company stock worth $83,075,714. 0.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Morgan Stanley reissued an "overweight" rating and set a $100.00 target price (up from $89.00) on shares of CocaCola in a research report on Wednesday, July 29th. Citigroup raised their price target on CocaCola from $100.00 to $102.00 and gave the company a "buy" rating in a research report on Wednesday. JPMorgan Chase & Co. lowered their price target on CocaCola from $96.00 to $95.00 and set an "overweight" rating on the stock in a research report on Monday, September 28th. Weiss Ratings upgraded CocaCola from a "buy (a-)" rating to a "buy (a+)" rating in a research note on Thursday, October 8th. Finally, Argus boosted their price objective on CocaCola from $91.00 to $97.00 and gave the company a "buy" rating in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, CocaCola has a consensus rating of "Moderate Buy" and an average target price of $96.05.

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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