Confluence Wealth Services Inc. Raises Holdings in CocaCola Company (The) $KO

Confluence Wealth Services Inc. lifted its stake in CocaCola Company (The) (NYSE:KO) by 58.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 29,747 shares of the company’s stock after purchasing an additional 11,018 shares during the quarter. Confluence Wealth Services Inc.’s holdings in CocaCola were worth $1,973,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of KO. Brighton Jones LLC lifted its stake in shares of CocaCola by 13.3% during the fourth quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock worth $2,433,000 after buying an additional 4,591 shares during the period. Revolve Wealth Partners LLC raised its stake in CocaCola by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock worth $548,000 after acquiring an additional 293 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in CocaCola during the 1st quarter valued at about $210,000. Sovran Advisors LLC increased its holdings in shares of CocaCola by 3.1% in the second quarter. Sovran Advisors LLC now owns 20,132 shares of the company’s stock valued at $1,414,000 after purchasing an additional 597 shares during the period. Finally, Focus Financial Network Inc. raised its stake in shares of CocaCola by 1.1% in the second quarter. Focus Financial Network Inc. now owns 27,383 shares of the company’s stock worth $1,951,000 after purchasing an additional 286 shares during the last quarter. Institutional investors and hedge funds own 70.26% of the company’s stock.

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

Insider Buying and Selling at CocaCola

In other CocaCola news, Director Max R. Levchin bought 7,206 shares of the firm’s stock in a transaction dated Friday, October 24th. The shares were purchased at an average price of $69.87 per share, for a total transaction of $503,483.22. Following the transaction, the director directly owned 14,267 shares of the company’s stock, valued at approximately $996,835.29. This represents a 102.05% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Monica Howard Douglas sold 13,548 shares of the business’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $69.93, for a total transaction of $947,411.64. Following the completion of the sale, the executive vice president directly owned 37,725 shares of the company’s stock, valued at approximately $2,638,109.25. The trade was a 26.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 225,252 shares of company stock worth $15,953,007. 0.97% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Evercore ISI reiterated an “outperform” rating on shares of CocaCola in a research report on Tuesday, October 21st. Bank of America upped 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. Piper Sandler raised their target price on shares of CocaCola from $80.00 to $81.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. Cowen reaffirmed a “buy” rating on shares of CocaCola in a report on Wednesday, October 22nd. Finally, Wells Fargo & Company lifted 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. One research analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $79.08.

CocaCola Stock Down 0.1%

KO opened at $70.44 on Friday. The company has a fifty day moving average of $70.60 and a two-hundred day moving average of $69.35. The stock has a market capitalization 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 Company has a fifty-two week low of $61.37 and a fifty-two week high of $74.38. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.00 and a current ratio of 1.21.

CocaCola (NYSE:KO) last posted its earnings results on Tuesday, October 21st. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.04. CocaCola had a net margin of 27.34% and a return on equity of 43.62%. The business had revenue of $12.46 billion for the quarter, compared to analyst estimates of $12.46 billion. During the same period in the prior year, the company posted $0.77 EPS. The company’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, research analysts expect that CocaCola Company will post 2.96 earnings per share for the current year.

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.