CocaCola Company (The) $KO Stock Purchased by Brookstone Capital Management

Key Points

• Brookstone Capital Management increased its Coca-Cola position by 23.2% in the third quarter, acquiring 21,377 additional shares for a total holding of 113,340 shares valued at approximately $9.8 million.
• Institutional investors own 70.26% of Coca-Cola, with several major firms—including Bank of America, Wellington Management and Fifth Third Bancorp—also increasing their stakes.
• Coca-Cola maintains a favorable analyst outlook, with a “Moderate Buy” consensus and an average price target of $96.27, while shares offer a 2.3% dividend yield; however, the stock’s premium valuation and weak volumes in some markets remain risks.

Brookstone Capital Management boosted its position in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 23.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 113,340 shares of the company's stock after buying an additional 21,377 shares during the period. Brookstone Capital Management's holdings in CocaCola were worth $9,756,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in shares of CocaCola by 9.5% in the first quarter. Bank of America Corp DE now owns 44,018,963 shares of the company's stock valued at $3,347,642,000 after buying an additional 3,836,640 shares during the last quarter. OMERS ADMINISTRATION Corp boosted its stake in shares of CocaCola by 1,763.2% during the first quarter. OMERS ADMINISTRATION Corp now owns 3,383,332 shares of the company's stock worth $257,302,000 after buying an additional 3,201,742 shares during the period. Wellington Management Group LLP boosted its stake in shares of 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 buying an additional 2,439,026 shares during the period. Alecta Tjanstepension Omsesidigt purchased a new position in shares of CocaCola during the second quarter worth about $197,470,000. Finally, Fifth Third Bancorp grew its holdings in shares of CocaCola by 76.5% during the first quarter. Fifth Third Bancorp now owns 2,999,625 shares of the company's stock worth $228,121,000 after buying an additional 1,300,577 shares during the last quarter. Hedge funds and other institutional investors own 70.26% of the company's stock.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Defensive investors have favored Coca-Cola as broader large-cap markets weakened, while the company’s industry-leading margins, reliable dividend and global brand continue to support demand for the stock. Defensive consumer stocks article
• Positive Sentiment: KFC plans to move roughly 3,600 U.S. restaurants back to Coca-Cola products beginning in early 2027, potentially adding fountain-volume growth and strengthening KO’s restaurant-channel presence. Coca-Cola KFC agreement article
• Positive Sentiment: Coca-Cola selected agency partners and reaffirmed its global marketing strategy, including expanded use of data, technology and artificial intelligence. Management expects the initiative to improve consumer engagement and support long-term growth. Coca-Cola marketing agency announcement
• Positive Sentiment: KO has beaten earnings-per-share estimates for six consecutive quarters. Wall Street expects third-quarter results before the market opens on October 27, with projected sales above $12.9 billion; another beat could extend the stock’s momentum. Coca-Cola third-quarter earnings preview
• Neutral Sentiment: Coca-Cola’s shares have gained roughly one-third in 2026 and recently entered the $400 billion market-capitalization group. Historical analysis suggests strong calendar-year gains have often been followed by additional advances, although the comparison does not guarantee future performance. Coca-Cola historical performance article
• Negative Sentiment: KO’s premium valuation leaves limited room for an earnings disappointment. Analysts see benefits from pricing and margin expansion, but weak volumes in some key markets remain a concern. A reported data-breach investigation and potential class-action claims also introduce legal and reputational risk. Coca-Cola data breach investigation

Analyst Upgrades and Downgrades

KO has been the topic of several recent research reports. Truist Financial set a $88.00 price target on CocaCola in a research report on Friday, June 26th. TD Cowen reaffirmed a "buy" rating on shares of CocaCola in a research note on Friday, October 16th. Morgan Stanley reaffirmed an "overweight" rating and set a $100.00 price objective (up from $89.00) on shares of CocaCola in a research report on Wednesday, July 29th. Citigroup lifted their target price on CocaCola from $100.00 to $102.00 and gave the company a "buy" rating in a research note on Wednesday, October 14th. Finally, Evercore reissued an "outperform" rating and issued a $100.00 target price (up from $88.00) on shares of CocaCola in a report on Tuesday, July 28th. 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 company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $96.27.

CocaCola Stock Performance

NYSE KO opened at $92.77 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 business's 50 day moving average is $89.11 and its two-hundred day moving average is $83.94. CocaCola Company has a 12-month low of $67.27 and a 12-month high of $95.37. The stock has a market capitalization of $399.15 billion, a price-to-earnings ratio of 29.52, a PEG ratio of 3.71 and a beta of 0.32.

CocaCola (NYSE:KO - Get Free Report) last issued 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 return on equity of 39.38% and a net margin of 28.56%. The business had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $13.17 billion. During the same period in the prior year, the business posted $0.87 EPS. The company's revenue for the quarter was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Research analysts expect that CocaCola Company will post 3.30 EPS for the current year.

CocaCola Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Tuesday, December 1st. CocaCola's payout ratio is presently 63.66%.

Insider Activity at CocaCola

In other news, insider Bruno Pietracci sold 111,365 shares of the company's 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 transaction, 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 stock in a transaction dated Monday, August 10th. The shares were 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 of the company's stock, valued at $5,372,082.50. This represents a 13.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 926,620 shares of company stock worth $83,075,714. 0.90% of the stock is currently owned by insiders.

About CocaCola

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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