Rep. Josh Gottheimer Buys The Coca-Cola Company (NYSE:KO) Shares

Representative Josh Gottheimer (D-New Jersey) recently bought shares of The Coca-Cola Company (NYSE:KO). In a filing disclosed on February 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Coca-Cola stock on January 21st. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Mastercard (NYSE:MA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 1/30/2025.

Coca-Cola Stock Up 1.7 %

Coca-Cola stock opened at $68.73 on Thursday. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.06 and a quick ratio of 0.90. The stock has a market capitalization of $296.08 billion, a PE ratio of 28.40, a price-to-earnings-growth ratio of 3.55 and a beta of 0.61. The business has a 50 day simple moving average of $62.76 and a 200-day simple moving average of $66.33. The Coca-Cola Company has a 12 month low of $57.93 and a 12 month high of $73.53.

Coca-Cola (NYSE:KO) last issued its quarterly earnings results on Tuesday, February 11th. The company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.51 by $0.04. Coca-Cola had a net margin of 22.45% and a return on equity of 44.01%. On average, analysts anticipate that The Coca-Cola Company will post 2.85 EPS for the current fiscal year.

Institutional Investors Weigh In On Coca-Cola

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Brown Miller Wealth Management LLC acquired a new stake in shares of Coca-Cola during the third quarter valued at about $218,000. Annex Advisory Services LLC increased its holdings in Coca-Cola by 11.3% in the 3rd quarter. Annex Advisory Services LLC now owns 7,558 shares of the company’s stock valued at $543,000 after purchasing an additional 769 shares during the last quarter. Retirement Planning Group LLC purchased a new stake in Coca-Cola in the third quarter valued at approximately $861,000. Carnegie Investment Counsel lifted its stake in Coca-Cola by 0.9% during the third quarter. Carnegie Investment Counsel now owns 82,488 shares of the company’s stock worth $5,927,000 after purchasing an additional 761 shares in the last quarter. Finally, CHICAGO TRUST Co NA boosted its position in shares of Coca-Cola by 3.1% during the third quarter. CHICAGO TRUST Co NA now owns 30,886 shares of the company’s stock worth $2,219,000 after buying an additional 928 shares during the period. Institutional investors and hedge funds own 70.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $69.00 price target on shares of Coca-Cola in a research note on Thursday, February 6th. Morgan Stanley raised their target price on Coca-Cola from $76.00 to $78.00 and gave the company an “overweight” rating in a research report on Wednesday. Evercore ISI boosted their price target on Coca-Cola from $72.00 to $75.00 and gave the stock an “outperform” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft upgraded Coca-Cola from a “hold” rating to a “buy” rating and raised their price objective for the company from $68.00 to $70.00 in a report on Thursday, December 12th. Finally, Piper Sandler dropped their target price on shares of Coca-Cola from $74.00 to $73.00 and set an “overweight” rating for the company in a report on Thursday, January 23rd. Two analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $73.82.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Coca-Cola Company Profile

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.