Coca-Cola Company (The) $KO Shares Newly Bought by Cornerstone Advisors LLC

Cornerstone Advisors LLC acquired a new stake in Coca-Cola Company (The) (NYSE:KO) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 175,944 shares of the company’s stock, valued at approximately $15,145,000.

Other hedge funds and other institutional 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 valued at approximately $27,000. Horizons Wealth Management bought a new stake in shares of Coca-Cola during the third quarter valued at approximately $31,000. Atomic Invest LLC raised its holdings in shares of Coca-Cola by 38.7% during the second quarter. Atomic Invest LLC now owns 437 shares of the company’s stock valued at $36,000 after buying an additional 122 shares during the last quarter. Timbuktu Capital Management LLC acquired a new position in shares of Coca-Cola during the second quarter worth approximately $41,000. Finally, Putney Financial Group LLC acquired a new position in shares of Coca-Cola during the third quarter worth approximately $43,000. 70.26% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Coca-Cola

In other news, EVP Beatriz R. Perez sold 67,548 shares of the company’s stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $94.91, for a total value of $6,410,980.68. Following the completion of the sale, the executive vice president owned 160,428 shares in the company, valued at $15,226,221.48. This represents a 29.63% decrease in their ownership of the stock. The sale was disclosed in a filing 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, EVP Nancy Quan sold 50,000 shares of the company’s 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 sale, the executive vice president owned 223,330 shares of the company’s stock, valued at approximately $20,186,798.70. This trade represents a 18.29% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 249,498 shares of company stock valued at $23,025,238. 0.90% of the stock is owned by corporate insiders.

Coca-Cola Trading Up 1.7%

Shares of NYSE:KO opened at $99.08 on Friday. The company has a 50 day moving average of $90.83 and a 200-day moving average of $83.31. The firm has a market cap of $426.24 billion, a P/E ratio of 29.14, a P/E/G ratio of 3.80 and a beta of 0.28. Coca-Cola Company has a twelve month low of $67.27 and a twelve month high of $99.30. The company has a current ratio of 1.38, a quick ratio of 1.19 and a debt-to-equity ratio of 0.93.

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

Coca-Cola Announces Dividend

The company 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 $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Tuesday, December 1st. Coca-Cola’s dividend payout ratio is 62.35%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. CICC Research increased their price objective on Coca-Cola from $85.00 to $95.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. Rothschild & Co Redburn lifted their target price on Coca-Cola from $86.00 to $92.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. increased their price target on Coca-Cola from $95.00 to $98.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 28th. BNP Paribas Exane raised their price target on Coca-Cola from $90.00 to $98.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Finally, HSBC raised their price target on Coca-Cola from $90.00 to $98.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. One investment 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 company. According to MarketBeat.com, Coca-Cola has a consensus rating of “Moderate Buy” and an average target price of $97.26.

Key Stories Impacting Coca-Cola

Investors following KO have been watching these stories:

• Positive Sentiment: Shares reached a fresh all-time high near $100, reflecting continued investor demand and extending the stock’s recent run. KO Stock Alert: Coca-Cola Just Hit a New All-Time High
• Neutral Sentiment: The latest analyst estimate updates are mixed: FY2026 estimates were lifted, while Zacks Research trimmed its Q1 2028 EPS estimate slightly, from $0.95 to $0.94. FY2026 EPS Estimates for Coca-Cola Lifted by Zacks Research
• Negative Sentiment: With KO near a record high, coverage cautions that its premium valuation could make the stock less attractive to new buyers and leave less room for gains if growth disappoints. Coca-Cola Stock Hits 52-Week High: Should You Buy Now or Wait?

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.