Coca-Cola Company (The) $KO Stock Sold by Candriam S.C.A.

Candriam S.C.A. lessened its stake in Coca-Cola Company (The) (NYSE:KO) by 4.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 760,448 shares of the company’s stock after selling 32,943 shares during the quarter. Candriam S.C.A.’s holdings in Coca-Cola were worth $65,699,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Banco Santander S.A. raised its position in shares of Coca-Cola by 3.1% in the 2nd quarter. Banco Santander S.A. now owns 1,090,758 shares of the company’s stock valued at $88,646,000 after buying an additional 32,723 shares in the last quarter. CX Institutional boosted its holdings in shares of Coca-Cola by 402.3% during the 3rd quarter. CX Institutional now owns 163,248 shares of the company’s stock valued at $14,052,000 after acquiring an additional 130,746 shares in the last quarter. Daymark Wealth Partners LLC grew its holdings in shares of Coca-Cola by 68.5% during the second quarter. Daymark Wealth Partners LLC now owns 218,199 shares of the company’s stock worth $17,733,000 after purchasing an additional 88,690 shares during the last quarter. Moore Capital Management LP acquired a new position in Coca-Cola in the 2nd quarter valued at approximately $12,905,000. Finally, Cidel Asset Management Inc. raised its position in Coca-Cola by 2,091.3% during the 2nd quarter. Cidel Asset Management Inc. now owns 361,934 shares of the company’s stock worth $29,414,000 after purchasing an additional 345,417 shares during the last quarter. 70.26% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, insider Sanket Ray sold 9,958 shares of the firm’s stock in a transaction 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 completion of the sale, the insider owned 62,105 shares of the company’s stock, valued at $5,372,082.50. This trade represents a 13.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Beatriz Perez sold 67,548 shares of Coca-Cola stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $94.91, for a total transaction of $6,410,980.68. Following the completion of the sale, the executive vice president owned 160,428 shares in the company, valued at approximately $15,226,221.48. This trade represents a 29.63% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 238,871 shares of company stock worth $21,918,267 in the last ninety days. Insiders own 0.90% of the company’s stock.

Coca-Cola Stock Performance

Coca-Cola stock opened at $95.69 on Friday. The company has a current ratio of 1.38, a quick ratio of 1.19 and a debt-to-equity ratio of 0.93. The firm has a market cap of $411.63 billion, a P/E ratio of 28.14, a P/E/G ratio of 3.73 and a beta of 0.28. Coca-Cola Company has a 1-year low of $67.27 and a 1-year high of $97.39. The firm has a 50-day moving average of $89.96 and a 200-day moving average of $82.69.

Coca-Cola (NYSE:KO) last released its quarterly earnings data on Tuesday, October 27th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.03. Coca-Cola had a return on equity of 38.79% and a net margin of 28.65%. The business had revenue of $13.35 billion during the quarter, compared to analysts’ expectations of $12.92 billion. During the same quarter last year, the business posted $0.82 EPS. The business’s revenue was up 7.2% on a year-over-year basis. Sell-side analysts expect that Coca-Cola Company will post 3.34 EPS for the current year.

Coca-Cola Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Tuesday, December 1st. Coca-Cola’s dividend payout ratio is currently 62.35%.

Coca-Cola News Roundup

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

• Positive Sentiment: Coca-Cola shares reportedly reached a record high as investors sought defensive stocks amid a market downturn. Its established brands and dividend income may be attracting buyers looking for more resilient businesses. Coca-Cola Stock Hits Record High as Market Crashes
• Positive Sentiment: Recent articles point to Coca-Cola’s shelf presence, distribution reach and consumer habits as sources of a durable competitive advantage. The company’s ability to raise prices while still growing volume supports the long-term investment case. Coca-Cola Stock Is a Buy Thanks to Shelf Space and Habits
• Positive Sentiment: Investors are also focusing on the company’s 64 consecutive years of dividend increases. Its latest quarterly results beat estimates, with revenue up year over year, and coverage says the company raised its outlook and dividend—supporting its earnings and income appeal. Coca-Cola Earnings Beat Lifts Guidance and Dividend
• Positive Sentiment: Margin expansion despite higher marketing spending, supported by productivity gains and disciplined pricing, suggests Coca-Cola is balancing investment with profitability. Can Coca-Cola Keep Expanding Margins While Investing More?
• Neutral Sentiment: Executive Beatriz Perez sold 67,548 shares, but the reported sale was to cover tax withholding on vested equity awards, making it a limited signal about her view of the business. Coca-Cola EVP Share Sale
• Negative Sentiment: After a strong run this year and a move to record levels, valuation may constrain further gains; one dividend-focused article suggests prospective investors consider waiting before buying. Coca-Cola’s Dividend Record and Valuation

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. HSBC boosted their price target on shares of Coca-Cola from $90.00 to $98.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Wells Fargo & Company increased their target price on Coca-Cola from $90.00 to $100.00 and gave the stock an “overweight” rating in a report on Wednesday, October 28th. TD Cowen lifted their price target on Coca-Cola from $100.00 to $104.00 and gave the company a “buy” rating in a research note on Wednesday, October 28th. Barclays increased their target price on shares of Coca-Cola from $93.00 to $98.00 and gave the company an “overweight” rating in a report on Friday, October 16th. Finally, Jefferies Financial Group boosted their price objective on Coca-Cola from $95.00 to $104.00 and gave the stock a “buy” rating 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 data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $97.26.

Coca-Cola Company 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.