Coca-ColaKO
Market Cap: 289B
About: Founded in 1886, Atlanta-headquartered Coca-Cola is the world's largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around two thirds of its total revenue overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.
Employees: 79,100
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
16% more call options, than puts
Call options by funds: $1.79B | Put options by funds: $1.54B
2% more capital invested
Capital invested by funds: $179B [Q4 2023] → $183B (+$4.36B) [Q1 2024]
0% more repeat investments, than reductions
Existing positions increased: 1,160 | Existing positions reduced: 1,157
0% more funds holding in top 10
Funds holding in top 10: 67 [Q4 2023] → 67 (+0) [Q1 2024]
0.65% less ownership
Funds ownership: 70.01% [Q4 2023] → 69.36% (-0.65%) [Q1 2024]
1% less funds holding
Funds holding: 2,903 [Q4 2023] → 2,873 (-30) [Q1 2024]
15% less first-time investments, than exits
New positions opened: 164 | Existing positions closed: 194
Research analyst outlook
20 Wall Street Analysts provided 1 year price forecasts over the past 6 months
20 analyst ratings
TD Cowen Vivien Azer | 4%upside $70 | Hold Maintained | 25 Jul 2024 |
Barclays Lauren Lieberman | 4%upside $70 | Overweight Maintained | 25 Jul 2024 |
Truist Securities Bill Chappell | 4%upside $70 | Buy Maintained | 25 Jul 2024 |
Citigroup Filippo Falorni | 12%upside $75 | Buy Maintained | 24 Jul 2024 |
RBC Capital Nik Modi | 1%upside $68 | Outperform Maintained | 24 Jul 2024 |
Financial journalist opinion
Based on 100 articles about KO published over the past 30 days