CocaCola Company (The) $KO Stock: E. Ohman J or Asset Management AB Lowers Holdings

Key Points

• E. Ohman J or Asset Management AB reduced its Coca-Cola stake by 29.4% in the third quarter, selling 43,880 shares and retaining holdings valued at approximately $9.1 million. Institutional investors collectively own 70.26% of the company.
• Coca-Cola reported quarterly EPS of $0.97, beating estimates by $0.04, while revenue rose 6.2% year over year to $13.37 billion. The company declared a quarterly dividend of $0.53 per share, equivalent to a 2.2% annualized yield.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $96.27, but investors face valuation, volume, operational and potential data-breach-related risks. The stock recently traded near its 52-week high at $95.32.

E. Ohman J or Asset Management AB cut its stake in CocaCola Company (The) (NYSE:KO - Free Report) by 29.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 105,385 shares of the company's stock after selling 43,880 shares during the quarter. E. Ohman J or Asset Management AB's holdings in CocaCola were worth $9,072,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Louisbourg Investments Inc. acquired a new stake in CocaCola in the first quarter valued at approximately $25,000. Guardian Partners Inc. acquired a new position in shares of CocaCola during the second quarter worth $27,000. Horizons Wealth Management acquired a new position in shares of CocaCola during the third quarter worth $31,000. Atomic Invest LLC boosted its stake in shares of CocaCola by 38.7% in the second quarter. Atomic Invest LLC now owns 437 shares of the company's stock valued at $36,000 after purchasing an additional 122 shares during the period. Finally, Timbuktu Capital Management LLC purchased a new position in shares of CocaCola in the second quarter valued at $41,000. Institutional investors and hedge funds own 70.26% of the company's stock.

CocaCola Stock Up 2.8%

NYSE:KO opened at $95.32 on Friday. The company has a market capitalization of $410.12 billion, a price-to-earnings ratio of 28.69, a price-to-earnings-growth ratio of 3.61 and a beta of 0.32. CocaCola Company has a one year low of $67.27 and a one year high of $95.37. The stock has a 50-day simple moving average of $89.01 and a 200 day simple moving average of $83.88. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.12 and a current ratio of 1.30.

CocaCola (NYSE:KO - Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.04. CocaCola had a return on equity of 39.38% and a net margin of 28.56%. The firm had revenue of $13.37 billion for the quarter, compared to analysts' expectations of $13.17 billion. During the same quarter in the prior year, the firm posted $0.87 earnings per share. CocaCola's revenue for the quarter was up 6.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Sell-side analysts predict that CocaCola Company will post 3.30 EPS for the current fiscal year.

CocaCola Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be paid a dividend of $0.53 per share. The ex-dividend date is Tuesday, December 1st. This represents a $2.12 annualized dividend and a yield of 2.2%. CocaCola's dividend payout ratio (DPR) is 63.66%.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Defensive-sector rotation: Investors moved toward reliable, dividend-paying consumer and healthcare companies as broader large-cap stocks weakened, benefiting Coca-Cola’s safe-haven profile. Defensive consumer stocks article
• Positive Sentiment: Encouraging earnings setup: Coca-Cola reports third-quarter results before the market opens on October 27. Analysts are looking for more than $12.9 billion in sales, while the company enters the report after six consecutive EPS beats and previously raised its 2026 organic-revenue and earnings-growth outlook. Coca-Cola third-quarter earnings preview
• Positive Sentiment: KFC distribution win: KFC plans to return Coca-Cola beverages to roughly 3,600 U.S. restaurants beginning in early 2027, replacing PepsiCo products. The agreement could provide incremental fountain-volume growth and reinforce Coca-Cola’s commercial momentum. Coca-Cola KFC agreement article
• Positive Sentiment: Marketing investment: Coca-Cola selected agency partners as part of a global marketing review focused on data, technology and artificial intelligence, while retaining WPP Open X as its global media partner in most markets. Management expects the effort to strengthen consumer connections and support long-term growth. Coca-Cola marketing agency announcement
• Neutral Sentiment: Valuation limits upside: After a roughly 30%-plus annual gain, Coca-Cola trades at about 28 times earnings. Investors increasingly need evidence that pricing power, volume growth and margins can justify the premium.
• Negative Sentiment: Operational and legal risks: Pre-earnings analysis points to weak volumes in some key markets, while a law firm is investigating potential class-action claims related to a reported data breach. These issues could pressure results or create reputational and financial costs. Coca-Cola data breach investigation

Insider Activity

In other CocaCola news, insider Bruno Pietracci sold 111,365 shares of the stock in a transaction on 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 sale, the insider directly owned 41,365 shares of the company's stock, valued at approximately $3,761,319.45. This represents a 72.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 stock was sold at an average price of $86.50, for a total transaction 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. The trade was a 13.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 926,620 shares of company stock valued at $83,075,714 over the last three months. 0.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

KO has been the topic of several analyst reports. Barclays lifted their price target on shares of CocaCola from $93.00 to $98.00 and gave the stock an "overweight" rating in a research note on Friday, October 16th. Bank of America upped their price objective on shares of CocaCola from $95.00 to $100.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. HSBC upped their price objective on shares of CocaCola from $90.00 to $98.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. UBS Group restated a "buy" rating on shares of CocaCola in a research note on Monday. Finally, CICC Research boosted their price target on CocaCola from $85.00 to $95.00 and gave the stock an "outperform" rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $96.27.

CocaCola 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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