CocaCola Company (The) (NYSE:KO – Get Free Report)’s share price was up 2.8% during mid-day trading on Wednesday . The stock traded as high as $83.85 and last traded at $83.5960. Approximately 20,458,145 shares were traded during trading, an increase of 21% from the average daily volume of 16,891,561 shares. The stock had previously closed at $81.34.
CocaCola News Roundup
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Bank of America named Coca-Cola a key stock to watch as the 2026 World Cup begins, arguing that beverage volumes could rise during the tournament and support sales. The World Cup Is Here: Analyst Names One Beverage Stock To Watch
- Positive Sentiment: Unusually heavy call-option buying suggests traders are positioning for more upside in KO, with bullish options volume running above normal.
- Positive Sentiment: Coverage continues to highlight Coca-Cola’s strong dividend profile and long history of dividend growth, which tends to attract income investors and support the stock during volatile markets. 1 Plain-As-Day Dividend King to Buy and Never Sell That Has Increased Its Payout for 64 Consecutive Years
- Positive Sentiment: Recent articles also point to Coca-Cola’s ability to grow through pricing power, volume gains, and expansion into “better-for-you” beverages like BodyArmor Fit, reinforcing the growth story. Coca-Cola launches BodyArmor Fit as it branches out in the ‘better-for-you’ category
- Neutral Sentiment: Insider sales by Chairman James Quincey and EVP Jennifer K. Mann were disclosed, but both were pre-planned 10b5-1 transactions tied to tax withholding on equity awards, making them less concerning than discretionary selling.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on KO shares. Wells Fargo & Company lifted their target price on shares of CocaCola from $87.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Royal Bank Of Canada set a $87.00 target price on shares of CocaCola in a research report on Wednesday, February 11th. TD Cowen lifted their target price on shares of CocaCola from $85.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Truist Financial set a $85.00 target price on shares of CocaCola in a research report on Wednesday, February 11th. Finally, UBS Group boosted their price objective on shares of CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Fifteen research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $86.87.
CocaCola Trading Up 2.8%
The stock has a market capitalization of $359.67 billion, a P/E ratio of 26.29, a price-to-earnings-growth ratio of 3.18 and a beta of 0.35. 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 stock’s fifty day moving average price is $78.30 and its two-hundred day moving average price is $75.48.
CocaCola (NYSE:KO – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates 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%. During the same period in the previous year, the business posted $0.73 EPS. The business’s quarterly revenue was up 11.4% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Equities research analysts forecast that CocaCola Company will post 3.26 EPS for the current year.
CocaCola Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, June 15th. CocaCola’s payout ratio is presently 66.67%.
Insider Buying and Selling
In related news, Chairman James Quincey sold 436,296 shares of CocaCola stock in a transaction on Friday, June 5th. The shares were sold at an average price of $80.13, for a total value of $34,960,398.48. Following the transaction, the chairman directly owned 122,833 shares of the company’s stock, valued at $9,842,608.29. The trade was a 78.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Jennifer K. Mann sold 100,000 shares of the business’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $79.46, for a total transaction of $7,946,000.00. Following the transaction, the executive vice president directly owned 207,400 shares in the company, valued at approximately $16,480,004. The trade was a 32.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 875,921 shares of company stock valued at $69,831,810 over the last three months. 0.90% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. FAS Wealth Partners Inc. boosted its stake in CocaCola by 3.7% in the 1st quarter. FAS Wealth Partners Inc. now owns 19,061 shares of the company’s stock worth $1,450,000 after purchasing an additional 677 shares in the last quarter. Rathbones Group PLC boosted its stake in CocaCola by 1.5% in the 1st quarter. Rathbones Group PLC now owns 6,012,230 shares of the company’s stock worth $457,230,000 after purchasing an additional 86,475 shares in the last quarter. First National Bank of Mount Dora Trust Investment Services boosted its stake in CocaCola by 16.3% in the 1st quarter. First National Bank of Mount Dora Trust Investment Services now owns 11,239 shares of the company’s stock worth $855,000 after purchasing an additional 1,574 shares in the last quarter. Pine Valley Investments Ltd Liability Co boosted its stake in CocaCola by 1.8% in the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 41,097 shares of the company’s stock worth $3,129,000 after purchasing an additional 716 shares in the last quarter. Finally, Wealthquest Corp boosted its stake in CocaCola by 2.8% in the 1st quarter. Wealthquest Corp now owns 7,598 shares of the company’s stock worth $578,000 after purchasing an additional 206 shares in the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors.
CocaCola Company Profile
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.
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