2,429,588 Shares in CocaCola Company (The) $KO Acquired by Danica Pension Livsforsikringsaktieselskab

Danica Pension Livsforsikringsaktieselskab purchased a new position in shares of CocaCola Company (The) (NYSE:KO) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,429,588 shares of the company’s stock, valued at approximately $161,130,000. CocaCola accounts for about 2.5% of Danica Pension Livsforsikringsaktieselskab’s investment portfolio, making the stock its 12th largest position. Danica Pension Livsforsikringsaktieselskab owned approximately 0.06% of CocaCola at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in KO. Norges Bank purchased a new stake in CocaCola during the second quarter valued at about $3,846,270,000. Vanguard Group Inc. raised its holdings in shares of CocaCola by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 367,441,971 shares of the company’s stock worth $25,996,519,000 after purchasing an additional 6,241,163 shares during the period. Laurel Wealth Advisors LLC raised its holdings in shares of CocaCola by 7,239.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 6,149,632 shares of the company’s stock worth $435,086,000 after purchasing an additional 6,065,840 shares during the period. Franklin Resources Inc. raised its holdings in shares of CocaCola by 15.1% in the 3rd quarter. Franklin Resources Inc. now owns 39,094,276 shares of the company’s stock worth $2,592,732,000 after purchasing an additional 5,135,198 shares during the period. Finally, Assenagon Asset Management S.A. lifted its stake in shares of CocaCola by 343.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 4,486,096 shares of the company’s stock valued at $297,518,000 after purchasing an additional 3,474,015 shares in the last quarter. Institutional investors and hedge funds own 70.26% of the company’s stock.

Analysts Set New Price Targets

KO has been the subject of a number of research analyst reports. UBS Group increased their target price on shares of CocaCola from $82.00 to $87.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $83.00 price objective on shares of CocaCola in a research note on Thursday, January 29th. Royal Bank Of Canada set a $87.00 price objective on shares of CocaCola in a research report on Wednesday, February 11th. Morgan Stanley set a $88.00 target price on shares of CocaCola in a research note on Wednesday, March 11th. Finally, Wells Fargo & Company upped their price target on shares of CocaCola from $79.00 to $87.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating and fifteen have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, CocaCola has an average rating of “Buy” and a consensus price target of $84.60.

Insider Transactions at CocaCola

In other CocaCola news, EVP Nancy Quan sold 23,556 shares of CocaCola stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.50, for a total transaction of $1,872,702.00. Following the sale, the executive vice president directly owned 223,330 shares in the company, valued at $17,754,735. The trade was a 9.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Monica Howard Douglas sold 23,880 shares of CocaCola stock in a transaction on Monday, March 9th. The stock was sold at an average price of $77.37, for a total transaction of $1,847,595.60. Following the completion of the sale, the executive vice president owned 17,725 shares of the company’s stock, valued at approximately $1,371,383.25. This trade represents a 57.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 892,925 shares of company stock valued at $70,254,796 in the last three months. 0.90% of the stock is currently owned by company insiders.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Jefferies raised its price target on KO to $90 and maintains a Buy rating — a material analyst upgrade that signals upside versus current levels and can support investor demand. Benzinga
• Positive Sentiment: Analysts and reports point to zero‑sugar variants (Coke Zero Sugar, Sprite Zero Sugar) as a margin and pricing tailwind, helping volume growth and profitability as consumers shift to low‑calorie options. This reinforces KO’s ability to expand margins even if top‑line growth is modest. Zacks: Is Zero Sugar Acting as a Margin Driver
• Positive Sentiment: Coca‑Cola secured a high‑profile Sprite sponsorship with the NBA, increasing brand exposure for Sprite and supporting marketing-driven volume gains in a key demographic. This is especially relevant as the company pushes flavored and zero‑sugar innovations. MSN: Sprite back to the NBA
• Positive Sentiment: KO appears on a “high‑yielding stocks to buy” list, which can attract income‑focused investors given Coca‑Cola’s dividend profile. Inclusion in retail investor lists can help support demand. 247WallSt: High‑Yielding Stocks
• Neutral Sentiment: Corporate philanthropy: The American Indian College Fund honored Coca‑Cola First Generation Scholars — a reputational/ESG positive but with limited direct near‑term impact on the stock. GlobeNewswire: Coca‑Cola Scholars
• Negative Sentiment: Some commentary urges caution: a Seeking Alpha piece recommends a defensive stance on KO, arguing valuation and macro risks may limit near‑term upside — a viewpoint that can weigh on sentiment among growth‑oriented holders. Seeking Alpha: Time To Play Defensive
• Negative Sentiment: Coverage noting a product shift (new Mango Citrus Sprite Walmart exclusive) and the retirement of long‑serving board member Maria Elena Lagomasino raises governance and valuation questions for some investors—mixed operational upside but also structural change that can introduce near‑term uncertainty. Yahoo Finance: Product Shift & Board Change

CocaCola Stock Down 0.3%

NYSE KO opened at $77.61 on Wednesday. The company has a quick ratio of 1.25, a current ratio of 1.46 and a debt-to-equity ratio of 1.23. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $82.00. The business has a 50 day moving average price of $76.03 and a two-hundred day moving average price of $71.53. The stock has a market cap of $333.77 billion, a PE ratio of 25.53, a P/E/G ratio of 3.26 and a beta of 0.35.

CocaCola (NYSE:KO) last announced its earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.02. The business had revenue of $11.82 billion during the quarter, compared to the consensus estimate of $12.04 billion. CocaCola had a net margin of 27.34% and a return on equity of 41.31%. The business’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.55 earnings per share. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. As a group, sell-side analysts predict that CocaCola Company will post 2.96 EPS for the current fiscal year.

CocaCola Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 13th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 2.7%. This is a positive change from CocaCola’s previous quarterly dividend of $0.51. The ex-dividend date is Friday, March 13th. CocaCola’s payout ratio is presently 69.74%.

CocaCola 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.