Coca-Cola (NYSE:KO) Shares Acquired Rep. Josh Gottheimer

Representative Josh Gottheimer (D-New Jersey) recently bought shares of The Coca-Cola Company (NYSE:KO). In a filing disclosed on February 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Coca-Cola stock on January 16th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Mastercard (NYSE:MA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 1/30/2025.

Coca-Cola Stock Up 1.7 %

KO stock traded up $1.13 during midday trading on Wednesday, reaching $68.73. 26,004,520 shares of the company were exchanged, compared to its average volume of 16,459,250. The company has a market cap of $296.08 billion, a price-to-earnings ratio of 28.40, a price-to-earnings-growth ratio of 3.55 and a beta of 0.61. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.90 and a current ratio of 1.06. The Coca-Cola Company has a 1-year low of $57.93 and a 1-year high of $73.53. The stock’s 50-day simple moving average is $62.63 and its 200 day simple moving average is $66.32.

Coca-Cola (NYSE:KO) last announced its quarterly earnings results on Tuesday, February 11th. The company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.04. Coca-Cola had a net margin of 22.45% and a return on equity of 44.01%. On average, equities analysts forecast that The Coca-Cola Company will post 2.85 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on KO shares. Piper Sandler decreased their target price on Coca-Cola from $74.00 to $73.00 and set an “overweight” rating for the company in a research report on Thursday, January 23rd. Jefferies Financial Group upgraded Coca-Cola from a “hold” rating to a “buy” rating and lifted their target price for the company from $69.00 to $75.00 in a research note on Thursday, January 30th. Morgan Stanley upped their price target on Coca-Cola from $76.00 to $78.00 and gave the stock an “overweight” rating in a research note on Wednesday. Royal Bank of Canada reissued an “outperform” rating and issued a $69.00 price objective on shares of Coca-Cola in a research note on Thursday, February 6th. Finally, Wells Fargo & Company lifted their price objective on Coca-Cola from $70.00 to $75.00 and gave the company an “overweight” rating in a report on Wednesday. Two research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $73.31.

Institutional Trading of Coca-Cola

Large investors have recently modified their holdings of the business. Disciplined Investors L.L.C. purchased a new stake in Coca-Cola during the 4th quarter worth about $315,000. SevenBridge Financial Group LLC grew its holdings in shares of Coca-Cola by 7.0% during the fourth quarter. SevenBridge Financial Group LLC now owns 13,677 shares of the company’s stock worth $925,000 after buying an additional 894 shares in the last quarter. RFG Bristol Wealth Advisors LLC acquired a new position in shares of Coca-Cola in the fourth quarter valued at approximately $6,338,000. Meeder Advisory Services Inc. lifted its stake in shares of Coca-Cola by 2.2% during the fourth quarter. Meeder Advisory Services Inc. now owns 68,842 shares of the company’s stock valued at $4,286,000 after buying an additional 1,488 shares during the period. Finally, May Hill Capital LLC acquired a new stake in Coca-Cola during the fourth quarter worth approximately $343,000. 70.26% of the stock is currently owned by institutional investors and hedge funds.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Coca-Cola

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.