Machina Capital S.A.S. purchased a new stake in shares of CocaCola Company (The) (NYSE:KO – Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 7,358 shares of the company’s stock, valued at approximately $488,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Paulson Wealth Management Inc. increased its position in CocaCola by 2.2% during the 2nd quarter. Paulson Wealth Management Inc. now owns 6,773 shares of the company’s stock valued at $479,000 after purchasing an additional 149 shares during the period. Summitry LLC increased its position in shares of CocaCola by 1.9% during the second quarter. Summitry LLC now owns 7,865 shares of the company’s stock valued at $556,000 after buying an additional 149 shares during the period. Ashton Thomas Securities LLC increased its position in shares of CocaCola by 1.2% during the third quarter. Ashton Thomas Securities LLC now owns 12,656 shares of the company’s stock valued at $835,000 after buying an additional 149 shares during the period. Cetera Trust Company N.A raised its stake in CocaCola by 0.5% in the second quarter. Cetera Trust Company N.A now owns 30,371 shares of the company’s stock worth $2,149,000 after buying an additional 150 shares in the last quarter. Finally, Diversified Enterprises LLC lifted its holdings in CocaCola by 1.0% in the third quarter. Diversified Enterprises LLC now owns 14,656 shares of the company’s stock worth $972,000 after buying an additional 150 shares during the period. Hedge funds and other institutional investors own 70.26% of the company’s stock.
Insider Activity
In other news, EVP Manuel Arroyo sold 139,689 shares of the stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $70.80, for a total transaction of $9,889,981.20. Following the sale, the executive vice president owned 58,067 shares in the company, valued at $4,111,143.60. This represents a 70.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO James Quincey sold 337,824 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $77.10, for a total transaction of $26,046,230.40. Following the sale, the chief executive officer directly owned 342,546 shares of the company’s stock, valued at $26,410,296.60. This trade represents a 49.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 549,528 shares of company stock valued at $41,051,826. Company insiders own 0.97% of the company’s stock.
Key Stories Impacting CocaCola
- Positive Sentiment: Jefferies raised its price target on KO to $88 and maintained a Buy rating, giving investors a larger upside case vs. the prior target. Jefferies Raises Target
- Positive Sentiment: Deutsche Bank lifted its KO target to $83 (from $82) and reaffirmed a Buy ahead of Q4 results — a modest analyst tailwind that supports current optimism. Deutsche Bank Lifts Target
- Positive Sentiment: KO hit a fresh one‑year high following analyst upgrades and positive coverage, reinforcing momentum into the company’s upcoming quarterly report. 1‑Year High After Upgrade
- Neutral Sentiment: Zacks previews point to Wall Street expectations for KO’s Q4 metrics and note Coca‑Cola’s history of earnings beats — this keeps investor focus on the upcoming print as a potential catalyst. Zacks Q4 Preview
- Neutral Sentiment: Zacks and other outlets flag KO as a trending dividend stock — investor demand for stable, high‑quality dividend names (amid tech volatility) supports multiple buyer flows into KO. KO Trending Stock Note
- Negative Sentiment: CEO James Quincey disclosed a large sale of 337,824 KO shares (filed with the SEC), materially reducing his reported holdings — an insider sale of this size can create near‑term investor concern about insider sentiment. SEC Form 4
- Negative Sentiment: Coca‑Cola will discontinue frozen product offerings (including Minute Maid frozen orange juice concentrate) in the U.S. and Canada — a small revenue contraction in a niche category but potentially a cost/complexity reduction; investors may view the move as mixed to modestly negative for near‑term sales. Discontinue Frozen Products Minute Maid Frozen OJ Ends
CocaCola Trading Up 1.4%
NYSE KO opened at $78.46 on Friday. CocaCola Company has a 12 month low of $62.91 and a 12 month high of $78.86. The company has a current ratio of 1.21, a quick ratio of 1.00 and a debt-to-equity ratio of 1.30. The stock’s fifty day moving average price is $71.21 and its 200-day moving average price is $69.70. The stock has a market cap of $337.48 billion, a P/E ratio of 25.98, a P/E/G ratio of 3.97 and a beta of 0.36.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on KO shares. Piper Sandler upped their target price on CocaCola from $80.00 to $81.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. Jefferies Financial Group upped their price target on CocaCola from $84.00 to $88.00 and gave the stock a “buy” rating in a research note on Wednesday. Wells Fargo & Company raised their price objective on CocaCola from $75.00 to $79.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. TD Cowen reaffirmed a “buy” rating on shares of CocaCola in a research report on Wednesday, October 22nd. Finally, Bank of America increased their price target on shares of CocaCola from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $80.43.
View Our Latest Stock Report on KO
CocaCola Profile
The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.
Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.
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