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Coca-Cola
KO

$62.77
1.05%
 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 11 analysts
0
News positive %
of 51 articles

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

11 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$65
4%
upside
Avg. target
$69
9%
upside
High target
$72
15%
upside

11 analyst ratings

11 positive
100%
neutral
0%
negative
0%
Morgan Stanley
Dara Mohsenian
12%upside
$70
Overweight
Maintained
10 Jun 2024
Argus Research
Taylor Conrad
15%upside
$72
Buy
Maintained
22 May 2024
Barclays
Lauren Lieberman
10%upside
$69
Overweight
Maintained
2 May 2024
UBS
Peter Grom
15%upside
$72
Buy
Maintained
1 May 2024
Evercore ISI Group
Robert Ottenstein
12%upside
$70
Outperform
Maintained
1 May 2024

Financial journalist opinion

Based on 51 articles about KO published over the past 30 days