Coca-Cola Company (The) $KO Stock Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. decreased its holdings in shares of Coca-Cola Company (The) (NYSE:KO) by 2.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,987,776 shares of the company’s stock after selling 232,344 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Coca-Cola were worth $773,668,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in KO. Bank of America Corp DE lifted its position in Coca-Cola by 9.5% during the 1st quarter. Bank of America Corp DE now owns 44,018,963 shares of the company’s stock worth $3,347,642,000 after acquiring an additional 3,836,640 shares during the period. OMERS ADMINISTRATION Corp lifted its holdings in shares of Coca-Cola 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 purchasing an additional 3,201,742 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new position in Coca-Cola in the 3rd quarter valued at $260,682,000. Wellington Management Group LLP grew its position in Coca-Cola by 9.2% in the 2nd quarter. Wellington Management Group LLP now owns 29,053,752 shares of the company’s stock valued at $2,361,198,000 after buying an additional 2,439,026 shares during the last quarter. Finally, Alecta Tjanstepension Omsesidigt acquired a new position in Coca-Cola in the 2nd quarter valued at $197,470,000. Institutional investors and hedge funds own 70.26% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on KO. Bank of America lifted their target price on shares of Coca-Cola from $95.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Evercore restated an “outperform” rating and issued a $100.00 price target (up from $88.00) on shares of Coca-Cola in a research note on Tuesday, July 28th. Morgan Stanley upped their price objective on Coca-Cola from $100.00 to $103.00 and gave the stock an “overweight” rating in a report on Wednesday. Wells Fargo & Company upped their price objective on Coca-Cola from $90.00 to $100.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $93.00 price objective (up from $83.00) on shares of Coca-Cola in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Coca-Cola has an average rating of “Moderate Buy” and a consensus target price of $97.26.

Insider Activity

In other Coca-Cola news, EVP Nancy Quan sold 50,000 shares of Coca-Cola stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $90.39, for a total value of $4,519,500.00. Following the completion of the transaction, the executive vice president owned 223,330 shares of the company’s stock, valued at $20,186,798.70. The trade was a 18.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 business’s 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 sale, the insider directly owned 62,105 shares of the company’s stock, valued at approximately $5,372,082.50. This represents a 13.82% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 171,323 shares of company stock worth $15,507,286. 0.90% of the stock is currently owned by corporate insiders.

Coca-Cola Stock Up 1.4%

KO opened at $94.11 on Friday. The stock has a market capitalization of $404.85 billion, a price-to-earnings ratio of 27.68, a price-to-earnings-growth ratio of 3.67 and a beta of 0.32. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.38 and a quick ratio of 1.12. The business has a 50-day moving average of $89.47 and a two-hundred day moving average of $82.07. Coca-Cola Company has a 12 month low of $67.27 and a 12 month high of $95.37.

Coca-Cola (NYSE:KO) last released its quarterly earnings data on Tuesday, October 27th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03. The company had revenue of $13.35 billion for 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%. The firm’s revenue was up 7.2% compared to the same quarter last year. During the same period last year, the company posted $0.82 earnings per share. On average, research analysts expect that Coca-Cola Company will post 3.34 earnings per share for the current year.

Coca-Cola Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Tuesday, December 1st. Coca-Cola’s dividend payout ratio is 62.35%.

Key Stories Impacting Coca-Cola

Here are the key news stories impacting Coca-Cola this week:

• Positive Sentiment: Better-than-expected earnings and higher guidance: Coca-Cola’s third-quarter results exceeded Wall Street expectations, supported by 5% unit case-volume growth, consumer recruitment, affordability initiatives, and disciplined execution. Management now expects comparable EPS to increase at least 11% in 2026. Coca-Cola’s Q3 earnings call: our top 5 analyst questions
• Positive Sentiment: Analyst optimism is reinforcing the rally: TD Cowen, JPMorgan, Citigroup, and Freedom Broker all recently raised their Coca-Cola price targets or indicated potential appreciation. Jim Cramer also recommended buying KO after the earnings beat. Coca-Cola stock gets price target boost from JPMorgan Chase
• Positive Sentiment: Defensive dividend appeal: Coca-Cola continues to be highlighted as a dependable “Dividend King,” with a long record of annual payout increases and strong brand durability—features attracting income investors amid broader market uncertainty. No Tricks, Just Treats: 3 Dividend Stocks With Payouts You Can Trust
• Positive Sentiment: Long-term emerging-market opportunity: Coca-Cola’s distribution network and local brands provide room for growth in developing markets, where a large share of beverage purchases remains untapped. The company is also considering a 2027 IPO for its Indian bottling arm, potentially creating capital and valuation benefits. Too Late to Buy Coca-Cola? 1 Reason It Isn’t.

Coca-Cola 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.