Florida Trust Wealth Management Co Has $6.40 Million Stock Holdings in CocaCola Company (The) $KO

Florida Trust Wealth Management Co grew its holdings in CocaCola Company (The) (NYSE:KO) by 11.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 96,485 shares of the company’s stock after purchasing an additional 9,763 shares during the period. Florida Trust Wealth Management Co’s holdings in CocaCola were worth $6,399,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Caitong International Asset Management Co. Ltd boosted its stake in shares of CocaCola by 5,142.9% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 367 shares of the company’s stock valued at $26,000 after purchasing an additional 360 shares in the last quarter. Headlands Technologies LLC bought a new position in CocaCola in the 2nd quarter valued at approximately $26,000. Marquette Asset Management LLC bought a new position in CocaCola in the 3rd quarter valued at approximately $27,000. GFG Capital LLC acquired a new stake in CocaCola in the second quarter valued at approximately $34,000. Finally, MMA Asset Management LLC bought a new stake in shares of CocaCola during the second quarter worth $34,000. 70.26% of the stock is currently owned by institutional investors.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Management shakeup and new chief digital officer announced, aimed at stepping up digital marketing, consumer data capabilities and e‑commerce — could help accelerate top‑line growth and margin expansion over time. 1 Prediction for KO in 2026
• Positive Sentiment: Dividend durability and Buffett association continue to support investor demand: KO remains a Dividend King with 63+ years of increases, attracting income‑oriented and long‑term holders. This background reduces downside in uncertain markets. 1 Prediction for KO in 2026
• Positive Sentiment: Short‑term attention from a viral Lionel Messi video has driven incremental retail interest and helped lift sentiment and trading volume recently. Such publicity can create near‑term positive momentum. 1 Prediction for KO in 2026
• Neutral Sentiment: Planned IPO of Hindustan Coca‑Cola Beverages (HCCB) in India (targeting roughly $1B) could unlock value and raise capital for brand initiatives, but the benefit depends on deal structure and use of proceeds. Execution timeline and proceeds are uncertain. Coca-Cola plans to pop the cap on $1 billion HCCB IPO this year
• Neutral Sentiment: Valuation is middling for a defensive consumer name (P/E in the mid‑20s in recent coverage). That tradeoff — steady cash flow and dividends vs. limited high‑growth upside — makes KO more attractive to income investors than growth seekers. 2 Buffett Stocks to Load Up On—And 1 to Ditch
• Negative Sentiment: Potential risks: the HCCB IPO and continued strategy of asset‑light brand focus could reduce consolidated revenue growth and introduce short‑term execution/market‑reaction risk; if growth remains reliant on pricing rather than volume, margin and volume sensitivity could cap upside. Coca‑Cola is on track for a $1B summer IPO of its India bottler

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Cowen reissued a “buy” rating on shares of CocaCola in a report on Wednesday, October 22nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of CocaCola in a research report on Wednesday, October 8th. Evercore ISI restated an “outperform” rating on shares of CocaCola in a report on Tuesday, October 21st. Wells Fargo & Company upped their price objective on CocaCola from $75.00 to $79.00 and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. Finally, Bank of America raised their price objective on shares of CocaCola from $78.00 to $80.00 and gave the company a “buy” rating in a report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the company’s stock. According to data from MarketBeat, CocaCola has an average rating of “Buy” and an average target price of $79.08.

CocaCola Price Performance

KO stock opened at $70.44 on Monday. The company has a quick ratio of 1.00, a current ratio of 1.21 and a debt-to-equity ratio of 1.30. The company’s fifty day simple moving average is $70.60 and its 200 day simple moving average is $69.32. CocaCola Company has a 12-month low of $61.37 and a 12-month high of $74.38. The firm has a market cap of $303.01 billion, a price-to-earnings ratio of 23.32, a PEG ratio of 3.62 and a beta of 0.39.

CocaCola (NYSE:KO) last issued its earnings results on Tuesday, October 21st. The company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.04. CocaCola had a return on equity of 43.62% and a net margin of 27.34%.The business had revenue of $12.46 billion during the quarter, compared to the consensus estimate of $12.46 billion. During the same period in the previous year, the company posted $0.77 earnings per share. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. CocaCola has set its FY 2025 guidance at 2.966-2.966 EPS. On average, analysts expect that CocaCola Company will post 2.96 earnings per share for the current year.

Insider Buying and Selling at CocaCola

In other CocaCola news, EVP Manuel Arroyo sold 139,689 shares of the company’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $70.80, for a total transaction of $9,889,981.20. Following the transaction, the executive vice president owned 58,067 shares in the company, valued at approximately $4,111,143.60. This represents a 70.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Nancy Quan sold 31,625 shares of the firm’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $71.17, for a total transaction of $2,250,751.25. Following the completion of the transaction, the executive vice president directly owned 223,330 shares in the company, valued at $15,894,396.10. This trade represents a 12.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 225,252 shares of company stock worth $15,953,007 in the last quarter. Company insiders own 0.97% of the company’s stock.

CocaCola Company Profile

The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.