Warren Buffett: 19 Coca-Cola transactions (Berkshire Hathaway / KO) (2024)

FAQs

How much did Warren Buffett pay for KO? ›

Warren Buffett bought more than $1 billion in shares of the Coca-Cola Company (KO) in 1988, an amount that was then equivalent to 6.2% of the company. The purchase made it the single largest position in Buffett's Berkshire Hathaway Inc. (BRK. A, BRK.B)

You would have more than doubled your money, with a total investment worth of $2,029.55. That's a 103% return, or a 7.23% annual rate of return. Interestingly, despite co*ke's dominance on the world stage, investing in co*ke's main rival, Pepsi, 10 years ago would have given you more pop for your buck.

KO Stock Forecast FAQ

Coca-Cola has a consensus rating of Strong Buy which is based on 13 buy ratings, 3 hold ratings and 0 sell ratings. The average price target for Coca-Cola is $67.80. This is based on 16 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Buffett invested in and eventually took control of a textile manufacturing company, Berkshire Hathaway. He began buying shares in Berkshire from Seabury Stanton, the owner, whom he later fired. Buffett's partnerships began purchasing shares at $7.60 per share.

Coca-Cola (KO -0.53%) is Warren Buffett's longest-held stock and one of his favorites. His holding company, Berkshire Hathaway, first bought shares of co*ke stock in 1988 and owns 400 million shares.

Approximately 55.76% of the company's stock is owned by Institutional Investors, 5.84% is owned by Insiders and 38.41% is owned by Public Companies and Individual Investors. The ownership structure of Coca-Cola (KO) stock is a mix of institutional, retail and individual investors.

So, if you had invested in Netflix ten years ago, you're likely feeling pretty good about your investment today. A $1000 investment made in March 2014 would be worth $9,728.72, or a gain of 872.87%, as of March 4, 2024, according to our calculations. This return excludes dividends but includes price appreciation.

1, according to CNBC's calculations. And if you had given your $1,000 investment into McDonald's a decade to grow, it would be worth about $3,270 as of Feb. 1, according to CNBC's calculations.

Coca-Cola's stock has split 13 times over the years. One original share from 1919 has now grown into 9,216 stubs, and each one was worth $47.80 at the close of Friday's trading. That works out to $1.1 million for a $100 investment. That single share from 1919 is going to produce $1,511.42 of dividend payouts this year.

The Coca-Cola Corporation, which has been around for over 130 years, and PepsiCo, with roots dating back to 1898, have been long-term competitors for ages. With its market value, the multinational food and beverage company PepsiCo directly follows Coca-Cola in the ranking of the largest companies in the world.

Does KO pay monthly dividends? ›

Regular payouts for KO are paid quarterly.

Buffett, who's driven a Cadillac for decades, only decided to replace his 2006 model after Barra visited him in his hometown of Omaha in May 2014. The investor's Berkshire Hathaway had invested in GM in 2012.

In Bill Gates's current portfolio as of 2024-03-31, the top 5 holdings are Microsoft Corp (MSFT), Waste Management Inc (WM), Berkshire Hathaway Inc (BRK. B), Canadian National Railway Co (CNI), Caterpillar Inc (CAT), not including call and put options.

Susan died at the age of 72 after suffering a cerebral hemorrhage during the summer of 2004 in Cody, Wyoming. Bono performed "Forever Young" and "All I Want Is You" at her funeral. Warren was so grief-stricken that he did not attend.

The Dividend Growth Machine

One of the key reasons for Coca-Cola's success as a long-term investment is its consistent dividend growth. In 1994, Berkshire Hathaway received a $75 million cash dividend from Coca-Cola. By 2023, that annual dividend had grown to $736 million.

Peter Buffett was just 19 years old when he received his inheritance: $90,000 to use as he pleased. There were no strings attached, no expectations—but also no more money. The youngest son of investor Warren Buffett understood that this was the extent of his inheritance. The question was, what to do with the funds?

made a splash by buying $3 billion in shares of Citigroup (NYSE: C).

Renowned for serving as an investment conduit for Buffett and his long-time business partner Charles Munger, who passed away in November 2023, Berkshire Hathaway is also notable for having the highest-valued stock in the United States—its Class A shares exceeding $500,000 per share in 2023.