Berkshire Hathaway Stock Portfolio: 5 Long-Term Stock Picks

4. The Coca-Cola Company (NYSE:KO)

Berkshire Hathaway’s Stake Value: $21.6 billion
Percentage of Berkshire Hathaway’s 13F Portfolio: 7.38%
Number of Hedge Fund Holders: 62

In the second quarter of 2021, The Coca-Cola Company (NYSE:KO) reported an EPS of $0.68, beating estimates by $0.12. The company’s revenue for the quarter came in at $10.13 billion, an increase of 42% on a year-over-year basis, and beat revenue estimates by $823.1 million. The stock has gained 11.22% in the past twelve months.

On July 22, Truist analyst Bill Chappell maintained a Buy rating on The Coca-Cola Company (NYSE:KO) and increased his price target for the stock to $65 from $60.

According to the latest 13F filings, Berkshire Hathaway owns 400 million shares of The Coca-Cola Company, worth more than $21.6 billion, and representing 7.38% of the fund’s total investment portfolio. By the end of the second quarter of 2021, 62 hedge funds out of the 873 tracked by Insider Monkey held stakes in The Coca-Cola Company (NYSE:KO) worth roughly $24.96 billion. This is compared to 61 hedge funds in the previous quarter with a total stake value of approximately $24.90 billion.