Coca-Cola Company (The) (NYSE:KO – Get Free Report)’s stock price traded up 1.3% during mid-day trading on Wednesday. The stock traded as high as $96.56 and last traded at $96.0770. 26,947,025 shares were traded during mid-day trading, an increase of 59% from the average session volume of 16,946,484 shares. The stock had previously closed at $94.80.
Key Headlines Impacting Coca-Cola
Here are the key news stories impacting Coca-Cola this week:
- Positive Sentiment: Coca-Cola reported third-quarter sales of $13.38 billion and net income of $4.01 billion, and raised its 2026 earnings guidance. Higher free-cash-flow guidance and a 64th consecutive annual dividend increase reinforce the stock’s appeal to income-focused investors. Does Raised 2026 Guidance Change The Bull Case For Coca Cola Stock?
- Positive Sentiment: Commentary also highlights Coca-Cola’s pricing power amid persistent inflation, which may help protect margins, and Berkshire Hathaway’s substantial dividend income from its long-held stake. Coca-Cola Is Exercising its Pricing Power as Inflation Persists
- Neutral Sentiment: The company is reportedly considering an IPO for its India bottling assets through Hindustan Coca-Cola Holdings. A listing could offer a way to surface value, but discussions are preliminary and no structure or timing has been decided. Coca-Cola Weighs India Bottling IPO
- Neutral Sentiment: EVP Beatriz Perez sold shares to cover tax withholding tied to vested equity awards. The transaction reduced her direct holdings, but its stated tax-related purpose makes it a less clear-cut bearish signal. SEC Form 4 filing
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on KO shares. Bank of America boosted their price target on shares of Coca-Cola from $95.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Seaport Research Partners set a $95.00 price objective on shares of Coca-Cola in a research report on Friday, August 14th. BNP Paribas Exane upped their price target on Coca-Cola from $90.00 to $98.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Weiss Ratings lowered Coca-Cola from a “buy (a+)” rating to a “buy (a)” rating in a research report on Friday, October 23rd. Finally, Argus raised their price target on Coca-Cola from $91.00 to $97.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $97.26.
Read Our Latest Stock Analysis on Coca-Cola
Coca-Cola Trading Up 1.3%
The company has a current ratio of 1.38, a quick ratio of 1.19 and a debt-to-equity ratio of 0.93. The business has a 50 day simple moving average of $89.63 and a 200-day simple moving average of $82.31. The stock has a market capitalization of $413.31 billion, a price-to-earnings ratio of 28.26, a price-to-earnings-growth ratio of 3.74 and a beta of 0.28.
Coca-Cola (NYSE:KO – Get Free Report) last announced its quarterly earnings results on Tuesday, October 27th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.88 by $0.03. Coca-Cola had a return on equity of 38.79% and a net margin of 28.65%. The company had revenue of $13.35 billion during the quarter, compared to analyst estimates of $12.92 billion. During the same period in the prior year, the firm posted $0.82 earnings per share. The firm’s revenue was up 7.2% on a year-over-year basis. On average, equities analysts predict that Coca-Cola Company will post 3.34 earnings per share for the current year.
Coca-Cola Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be given a $0.53 dividend. The ex-dividend date is Tuesday, December 1st. This represents a $2.12 annualized dividend and a dividend yield of 2.2%. Coca-Cola’s dividend payout ratio (DPR) is presently 62.35%.
Insider Buying and Selling at Coca-Cola
In related news, EVP Beatriz R. Perez sold 67,548 shares of Coca-Cola stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $94.91, for a total transaction of $6,410,980.68. Following the sale, the executive vice president directly owned 160,428 shares in the company, valued at $15,226,221.48. The trade was a 29.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Bruno Pietracci sold 111,365 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $90.93, for a total value of $10,126,419.45. Following the completion of the transaction, the insider directly owned 41,365 shares in the company, valued at $3,761,319.45. This represents a 72.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 238,871 shares of company stock worth $21,918,267 in the last ninety days. 0.90% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Coca-Cola
A number of institutional investors have recently modified their holdings of the stock. Bank of America Corp DE boosted its holdings in Coca-Cola by 4.4% in the second quarter. Bank of America Corp DE now owns 45,958,636 shares of the company’s stock worth $3,735,058,000 after acquiring an additional 1,939,673 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Coca-Cola by 0.4% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,354,414 shares of the company’s stock worth $2,954,523,000 after buying an additional 162,097 shares during the last quarter. Wellington Management Group LLP grew its stake in Coca-Cola by 9.2% in the 2nd quarter. Wellington Management Group LLP now owns 29,053,752 shares of the company’s stock valued at $2,361,198,000 after buying an additional 2,439,026 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Coca-Cola by 1.3% during the first quarter. Dimensional Fund Advisors LP now owns 18,822,295 shares of the company’s stock valued at $1,431,495,000 after buying an additional 235,785 shares during the period. Finally, Fayez Sarofim & Co increased its holdings in shares of Coca-Cola by 0.7% in the second quarter. Fayez Sarofim & Co now owns 15,272,831 shares of the company’s stock worth $1,241,223,000 after purchasing an additional 113,599 shares during the period. Institutional investors and hedge funds own 70.26% of the company’s stock.
Coca-Cola Company Profile
The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Founded in 1886, it is best known for Coca-Cola, one of the world’s most recognized soft drink brands.
The company owns, licenses, and markets a broad portfolio of beverages, including sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and energy drinks. Its brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, smartwater, Powerade, Minute Maid, Simply, fairlife, and Costa Coffee, among others.
The Coca-Cola Company serves consumers in more than 200 countries and territories through a system that includes company-operated operations, independent bottling partners, distributors, retailers, and food-service providers.
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