Soltis Investment Advisors LLC increased its stake in shares of Coca-Cola Company (The) (NYSE:KO – Free Report) by 30.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 167,813 shares of the company’s stock after buying an additional 38,878 shares during the quarter. Coca-Cola accounts for about 0.7% of Soltis Investment Advisors LLC’s investment portfolio, making the stock its 24th biggest holding. Soltis Investment Advisors LLC’s holdings in Coca-Cola were worth $14,445,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the company. Guardian Partners Inc. acquired a new stake in shares of Coca-Cola in the second quarter worth $27,000. Horizons Wealth Management purchased a new stake in shares of Coca-Cola in the third quarter worth about $31,000. Atomic Invest LLC boosted its stake in shares of Coca-Cola by 38.7% in the second quarter. Atomic Invest LLC now owns 437 shares of the company’s stock worth $36,000 after buying an additional 122 shares during the last quarter. Timbuktu Capital Management LLC acquired a new stake in Coca-Cola during the second quarter worth about $41,000. Finally, Holos Integrated Wealth LLC grew its holdings in Coca-Cola by 35.2% during the third quarter. Holos Integrated Wealth LLC now owns 541 shares of the company’s stock worth $51,000 after acquiring an additional 141 shares during the period. Hedge funds and other institutional investors own 70.26% of the company’s stock.
Coca-Cola Price Performance
NYSE:KO opened at $92.84 on Friday. Coca-Cola Company has a 52 week low of $67.27 and a 52 week high of $95.37. The company has a quick ratio of 1.12, a current ratio of 1.38 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $399.47 billion, a PE ratio of 27.31, a price-to-earnings-growth ratio of 3.52 and a beta of 0.32. The stock’s 50-day moving average price is $89.40 and its 200-day moving average price is $81.96.
Coca-Cola (NYSE:KO – Get Free Report) last announced its quarterly earnings results on Tuesday, October 27th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.03. The firm had revenue of $13.35 billion during the quarter, compared to analyst estimates of $12.92 billion. Coca-Cola had a return on equity of 38.79% and a net margin of 28.65%. Coca-Cola’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.82 EPS. As a group, equities analysts expect that Coca-Cola Company will post 3.34 EPS for the current fiscal year.
Coca-Cola Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be issued a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, December 1st. Coca-Cola’s dividend payout ratio (DPR) is presently 63.66%.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the company. Jefferies Financial Group boosted their price target on Coca-Cola from $95.00 to $104.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. HSBC upped their price objective on Coca-Cola from $90.00 to $98.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Evercore reaffirmed an “outperform” rating and set a $100.00 price objective (up from $88.00) on shares of Coca-Cola in a research note on Tuesday, July 28th. Rothschild & Co Redburn lifted their target price on shares of Coca-Cola from $86.00 to $92.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Finally, BNP Paribas Exane boosted their target price on shares of Coca-Cola from $90.00 to $98.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Coca-Cola has a consensus rating of “Moderate Buy” and a consensus target price of $97.26.
View Our Latest Stock Report on KO
Insider Activity
In other news, insider Bruno Pietracci sold 111,365 shares of the business’s stock in a transaction that occurred 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 sale, the insider directly owned 41,365 shares in the company, valued at $3,761,319.45. The trade was a 72.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 company’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $86.50, for a total value of $861,367.00. Following the transaction, the insider directly owned 62,105 shares of the company’s stock, 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 171,323 shares of company stock worth $15,507,286 over the last three months. 0.90% of the stock is currently owned by corporate insiders.
Coca-Cola News Roundup
Here are the key news stories impacting Coca-Cola this week:
- Positive Sentiment: Coca-Cola reported its sixth consecutive earnings beat, with third-quarter revenue of $13.35 billion and adjusted EPS of $0.91, ahead of estimates. Global unit case volume increased 5%, and management raised its 2026 comparable EPS growth forecast to at least 11%. KO Q3 Earnings Call Highlights
- Positive Sentiment: Analysts remained constructive following the results. Citigroup raised its target to $103, JPMorgan to $98, and TD Cowen to $104; the firms maintained Buy or Overweight ratings. TD Cowen Coca-Cola Rating
- Positive Sentiment: Jim Cramer endorsed Coca-Cola, while investors continue to view its global distribution network, iconic brands and emerging-market opportunity as long-term growth advantages. India’s strong performance and potential 2027 IPO of Hindustan Coca-Cola Holdings could also unlock value. Jim Cramer Says Buy Coca-Cola
- Neutral Sentiment: Coca-Cola’s 64-year record of dividend increases and approximately 2.3% yield support its appeal as an income and defensive investment, though the lower yield provides less immediate income after the stock’s strong rally.
- Negative Sentiment: Some commentary suggests waiting for a better entry point because the shares trade at a premium valuation after a roughly 31%–35% 2026 advance. Flat North American volume, potential revenue pressure from divestitures and ongoing IRS litigation remain concerns. Coca-Cola Raised Its 2026 Outlook
- Negative Sentiment: Freedom Broker raised its price target to $89 but kept a Hold rating, implying that the stock may already exceed near-term fair value. Comparisons with higher-yielding beverage or consumer-staple alternatives may further limit buying enthusiasm.
About Coca-Cola
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.
See Also
- Five stocks we like better than Coca-Cola
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Want to see what other hedge funds are holding KO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Coca-Cola Company (The) (NYSE:KO – Free Report).
Receive News & Ratings for Coca-Cola Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca-Cola and related companies with MarketBeat.com's FREE daily email newsletter.
