Does Warren Buffett own Coca-Cola stock? (2024)

Does Warren Buffett own Coca-Cola stock?

Warren Buffett Coca-Cola Co

How much Coca-Cola stock does Warren Buffet own?

Who owns the most Coca-Cola stock?

Largest shareholders include Berkshire Hathaway Inc, Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Jpmorgan Chase & Co, Geode Capital Management, Llc, Fmr Llc, and Morgan Stanley .

Why does Warren Buffett hold Coca-Cola?

Key Points. Coca-Cola and American Express are old, established businesses that pay dividends. Buffett took the opportunity to extol their brand value and ability to build a global presence.

Is Coca-Cola a good long term investment?

With its 3-star rating, we believe co*ke's stock is fairly valued compared with our long-term fair value estimate, which we maintain at $60 per share. Our fair value estimate implies a 22 times multiple against our adjusted 2024 earnings estimate and a 2023 enterprise value/adjusted EBITDA multiple of 19 times.

What if you invested $1000 in Coca-Cola 10 years ago?

If you invested in the company 10 years ago, that decision could have paid off. According to CNBC calculations, a $1,000 investment in Coca-Cola in 2009 would be worth more than $2,800 as of Feb. 15, 2019.

Does Buffett still own Coca-Cola?

Warren Buffett Coca-Cola Co

Warren Buffett acquired 400 Million Coca-Cola shares worth $23.8 Billion. That's 6.91% of their entire equity portfolio (4th largest holding). The investor owns 9.20% of the outstanding Coca-Cola stock. The first Coca-Cola trade was made in Q4 1998.

Who makes more money co*ke or Pepsi?

The most recent information on the exact annual revenues of Pepsi and Coca-Cola, but as of 2022, it was reported that PepsiCo's annual revenue was around $67 billion, while The Coca-Cola Company's annual revenue was around $37.3 billion.

Who owns more PepsiCo or Coca-Cola?

Coca-Cola owned 17.8% of the global carbonated soft drink market in 2019, while Pepsi owned 8.4%. This statistic is a testament to the dominance of Coca-Cola in the global carbonated soft drink market.

Who is a bigger company co*ke or Pepsi?

Key Highlights. Revenue Comparison: In 2022, Coca-Cola generated over $43 billion in revenue, while PepsiCo's revenue surpassed $86 billion. Primary Operations: PepsiCo's main operations are in the United States. Coca-Cola holds the title of the world's largest beverage company.

When was the last time Warren Buffett bought Coca-Cola?

Warren Buffett purchased Coca-Cola stock in 1988 and 1989 for Berkshire Hathaway, which sat at 37% of Berkshire's total equity value in 1989.

Is Coca-Cola a safe stock?

Coca-Cola is a safe stock for dividend investors and with $15 billion in cash and top line revenue of $45 billion dollars, the company has plenty of resources to grow.

What are the cons of investing in Coca-Cola?

Con: It's Expensive

While KO stock does have the size and brand recognition to command respect, the firm's most recent performance and expectations for the future don't justify its current price tag. KO's price-earnings ratio is a staggering 42.4.

Which is a better investment co*ke or Pepsi?

Outlook and prices. Pepsi is the cheaper stock, but investors might still prefer paying the premium for co*ke over its less expensive rival. Sure, you can own Pepsi for 2.5 times sales, or less than half of co*ke's price-to-sales (P/S) ratio of 5.6. You'll get roughly the same 3% dividend yield in either case.

What is the highest co*ke stock has ever been?

The all-time high Coca-Cola Bottling Consolidated stock closing price was 930.72 on December 27, 2023. The Coca-Cola Bottling Consolidated 52-week high stock price is 961.91, which is 15.8% above the current share price.

Is Coca-Cola overvalued or undervalued?

Intrinsic Value. The intrinsic value of one KO stock under the Base Case scenario is 51.66 USD. Compared to the current market price of 60.13 USD, Coca-Cola Co is Overvalued by 14%.

How much is an original share of Coca-Cola worth today?

The early years of Coca-Cola

At the end of 2015, one share of KO stock purchased in 1919 (with dividends reinvested) would have been worth $12,748,802, an annual growth rate of 14.11%.

Does Buffett own McDonald's?

2. McDonald's. It's important to clarify that McDonald's stock is not directly in Buffett's Berkshire Hathaway portfolio. Rather, its position is held in New England Asset Management (NEAM), a subsidiary of Berkshire Hathaway.

What religion is Warren Buffett?

Buffett worked with Christopher Webber on an animated series called "Secret Millionaires Club" with chief Andy Heyward of DiC Entertainment. The series features Buffett and Munger and teaches children healthy financial habits. Buffett was raised as a Presbyterian, but has since described himself as agnostic.

Does Warren Buffett get a dividend from Coca-Cola?

Berkshire currently owns 400 million shares of Coca-Cola. This means that on an annualized basis, Warren Buffett's company generates $736 million in dividend income from the beverage giant. That is a huge passive income stream that likely explains why Buffett isn't exiting the position.

What is the best selling soda in the world?

Top Selling Soft Drink: Coca-Cola

It was first introduced in 1886 and has since become a household name in more than 200 countries. According to Statista, Coca-Cola sold over 30 billion liters of its products worldwide in 2020, making it the most consumed soda brand in the world.

Does Pepsi own Dr Pepper?

The majority of Pepsi and co*ke bottlers bottling Dr Pepper are owned by PepsiCo and The Coca-Cola Company after their buyouts of their major bottlers. Presently, Keurig Dr Pepper relies on its own bottling group to bottle and distribute its products in more than 30 states.

Who owns Mountain Dew?

Mountain Dew is owned by PepsiCo, an American soft drink manufacturer, based in Purchase, NY.

Who owns Dr Pepper?

Strangely, Dr Pepper is only owned by Coca Cola in its European and South Korean markets. Everywhere else it is sold is managed by the Keurig Dr Pepper company. Oli joined the Latest News team in 2021, taking an interest in economics, world news, and articles that build from his study of history.

What is the most popular soft drink in the US?

Coca-Cola is the most well-known soft drink brand in the U.S. Based in Atlanta, Georgia, the American brand of carbonated soft drinks is recognized by 95 percent of internet respondents.