Shares of CocaCola Company (The) (NYSE:KO – Get Free Report) traded up 1.4% during trading on Thursday after Jefferies Financial Group raised their price target on the stock from $84.00 to $88.00. Jefferies Financial Group currently has a buy rating on the stock. CocaCola traded as high as $78.86 and last traded at $78.4550. 21,477,924 shares were traded during trading, an increase of 11% from the average session volume of 19,425,984 shares. The stock had previously closed at $77.35.
Several other research firms have also commented on KO. Evercore ISI reiterated an “outperform” rating on shares of CocaCola in a research note on Tuesday, October 21st. UBS Group reissued a “buy” rating and issued a $82.00 price objective on shares of CocaCola in a research report on Tuesday. Barclays reaffirmed an “overweight” rating on shares of CocaCola in a research report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $83.00 price target on shares of CocaCola in a report on Thursday, January 29th. Finally, Wells Fargo & Company raised their price objective on shares of CocaCola from $75.00 to $79.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. One research analyst has rated the stock with a Strong Buy rating and fifteen have given a Buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $80.43.
Read Our Latest Stock Report on CocaCola
Insider Buying and Selling
Key CocaCola News
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Jefferies raised its price target on KO to $88 and maintained a Buy rating, giving investors a larger upside case vs. the prior target. Jefferies Raises Target
- Positive Sentiment: Deutsche Bank lifted its KO target to $83 (from $82) and reaffirmed a Buy ahead of Q4 results — a modest analyst tailwind that supports current optimism. Deutsche Bank Lifts Target
- Positive Sentiment: KO hit a fresh one‑year high following analyst upgrades and positive coverage, reinforcing momentum into the company’s upcoming quarterly report. 1‑Year High After Upgrade
- Neutral Sentiment: Zacks previews point to Wall Street expectations for KO’s Q4 metrics and note Coca‑Cola’s history of earnings beats — this keeps investor focus on the upcoming print as a potential catalyst. Zacks Q4 Preview
- Neutral Sentiment: Zacks and other outlets flag KO as a trending dividend stock — investor demand for stable, high‑quality dividend names (amid tech volatility) supports multiple buyer flows into KO. KO Trending Stock Note
- Negative Sentiment: CEO James Quincey disclosed a large sale of 337,824 KO shares (filed with the SEC), materially reducing his reported holdings — an insider sale of this size can create near‑term investor concern about insider sentiment. SEC Form 4
- Negative Sentiment: Coca‑Cola will discontinue frozen product offerings (including Minute Maid frozen orange juice concentrate) in the U.S. and Canada — a small revenue contraction in a niche category but potentially a cost/complexity reduction; investors may view the move as mixed to modestly negative for near‑term sales. Discontinue Frozen Products Minute Maid Frozen OJ Ends
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the business. Brighton Jones LLC grew its position in CocaCola by 13.3% in the fourth quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock worth $2,433,000 after acquiring an additional 4,591 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in CocaCola by 3.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock worth $548,000 after purchasing an additional 293 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in CocaCola during the first quarter worth about $210,000. Venturi Wealth Management LLC increased its position in shares of CocaCola by 8.9% during the 2nd quarter. Venturi Wealth Management LLC now owns 18,434 shares of the company’s stock valued at $1,304,000 after purchasing an additional 1,502 shares during the last quarter. Finally, Sax Wealth Advisors LLC bought a new position in shares of CocaCola during the 2nd quarter valued at about $233,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.
CocaCola Stock Up 1.4%
The company has a market cap of $337.48 billion, a P/E ratio of 25.98, a P/E/G ratio of 3.97 and a beta of 0.36. The stock has a 50-day moving average of $71.21 and a two-hundred day moving average of $69.70. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.00 and a current ratio of 1.21.
About CocaCola
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.
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