CocaCola (NYSE:KO) Shares Down 1.4% – Here’s What Happened

Posted by Geri Gentry on May 28th, 2026

Shares of CocaCola Company (The) (NYSE:KO – Get Free Report) dropped 1.4% during mid-day trading on Thursday . The company traded as low as $80.34 and last traded at $80.45. Approximately 14,590,622 shares changed hands during trading, a decline of 13% from the average daily volume of 16,689,021 shares. The stock had previously closed at $81.62.

Analyst Upgrades and Downgrades

KO has been the topic of a number of research analyst reports. Evercore reissued an “outperform” rating and set a $85.00 price objective on shares of CocaCola in a research report on Wednesday, February 11th. Jefferies Financial Group raised their price target on shares of CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, March 16th. JPMorgan Chase & Co. raised their price target on shares of CocaCola from $83.00 to $85.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. UBS Group raised their price target on shares of CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Finally, Truist Financial set a $85.00 price target on shares of CocaCola in a research report on Wednesday, February 11th. Fifteen investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $86.80.

Check Out Our Latest Analysis on CocaCola

CocaCola Stock Performance

The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. The firm has a market cap of $346.13 billion, a P/E ratio of 25.30, a PEG ratio of 3.22 and a beta of 0.35. The company’s 50-day moving average is $77.63 and its two-hundred day moving average is $74.96.

CocaCola (NYSE:KO – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.81 by $0.05. The firm had revenue of $12.47 billion during the quarter, compared to analyst estimates of $12.24 billion. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter last year, the business posted $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, equities analysts predict that CocaCola Company will post 3.26 EPS for the current fiscal year.

CocaCola Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be paid a $0.53 dividend. The ex-dividend date is Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 2.6%. CocaCola’s dividend payout ratio (DPR) is 66.67%.

Insider Transactions at CocaCola

In other CocaCola news, Chairman James Quincey sold 200,000 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $78.90, for a total value of $15,780,000.00. Following the completion of the sale, the chairman owned 78,155 shares in the company, valued at approximately $6,166,429.50. This trade represents a 71.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO John Murphy sold 72,449 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $80.52, for a total transaction of $5,833,593.48. Following the sale, the chief financial officer owned 279,917 shares of the company’s stock, valued at approximately $22,538,916.84. The trade was a 20.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 630,963 shares of company stock worth $50,016,979. Company insiders own 0.90% of the company’s stock.

Institutional Investors Weigh In On CocaCola

Several large investors have recently modified their holdings of KO. Anfield Capital Management LLC increased its stake in shares of CocaCola by 438.8% during the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock worth $25,000 after purchasing an additional 294 shares during the last quarter. Louisbourg Investments Inc. purchased a new stake in shares of CocaCola during the 1st quarter worth approximately $25,000. Headlands Technologies LLC purchased a new stake in shares of CocaCola during the 2nd quarter worth approximately $26,000. Cloud Capital Management LLC purchased a new stake in shares of CocaCola during the 3rd quarter worth approximately $27,000. Finally, Evolution Wealth Management Inc. increased its stake in shares of CocaCola by 1,081.8% during the 4th quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock worth $27,000 after purchasing an additional 357 shares during the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

CocaCola Company Profile

(Get Free Report)

The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.