James Quincey Sells 8,000 Shares of CocaCola (NYSE:KO) Stock

CocaCola Company (The) (NYSE:KO - Get Free Report) Chairman James Quincey sold 8,000 shares of the business's stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $80.00, for a total value of $640,000.00. Following the sale, the chairman directly owned 122,833 shares in the company, valued at $9,826,640. This trade represents a 6.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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.

James Quincey also recently made the following trade(s):

  • On Friday, June 5th, James Quincey sold 436,296 shares of CocaCola stock. The shares were sold at an average price of $80.13, for a total value of $34,960,398.48.
  • On Thursday, May 7th, James Quincey sold 200,000 shares of CocaCola stock. The shares were sold at an average price of $78.90, for a total value of $15,780,000.00.

CocaCola Price Performance

KO stock opened at $79.53 on Tuesday. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $82.66. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36. The stock's 50 day moving average price is $78.19 and its 200 day moving average price is $75.41. The firm has a market cap of $342.18 billion, a P/E ratio of 25.01, a PEG ratio of 3.18 and a beta of 0.35.




CocaCola (NYSE:KO - Get Free Report) last posted its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.81 by $0.05. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The firm had revenue of $12.47 billion for the quarter, compared to analyst estimates of $12.24 billion. During the same quarter in the prior year, the company earned $0.73 EPS. CocaCola's revenue was up 11.4% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, sell-side analysts expect that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a $0.53 dividend. The ex-dividend date is Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 2.7%. CocaCola's payout ratio is 66.67%.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

Wall Street Analyst Weigh In

KO has been the subject of several analyst reports. Citigroup boosted their price target on CocaCola from $90.00 to $91.00 and gave the company a "buy" rating in a report on Monday, May 18th. Evercore reiterated an "outperform" rating and issued a $85.00 price target on shares of CocaCola in a report on Wednesday, February 11th. UBS Group boosted their price target on CocaCola from $90.00 to $92.00 and gave the company a "buy" rating in a report on Wednesday, April 29th. Truist Financial set a $85.00 price objective on CocaCola in a report on Wednesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on CocaCola from $83.00 to $86.00 and gave the stock a "buy" rating in a report on Monday, March 30th. Fifteen research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $86.80.

Read Our Latest Analysis on CocaCola

Institutional Trading of CocaCola

Several large investors have recently added to or reduced their stakes in the stock. First National Bank of Mount Dora Trust Investment Services increased its holdings 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 valued at $855,000 after purchasing an additional 1,574 shares in the last quarter. Pine Valley Investments Ltd Liability Co boosted its position 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 valued at $3,129,000 after buying an additional 716 shares during the last quarter. Wealthquest Corp boosted its position in CocaCola by 2.8% in the 1st quarter. Wealthquest Corp now owns 7,598 shares of the company's stock valued at $578,000 after buying an additional 206 shares during the last quarter. Parallel Advisors LLC boosted its position in CocaCola by 5.5% in the 1st quarter. Parallel Advisors LLC now owns 101,076 shares of the company's stock valued at $7,687,000 after buying an additional 5,274 shares during the last quarter. Finally, First Nebraska Trust Co purchased a new position in CocaCola in the 1st quarter valued at about $5,521,000. 70.26% of the stock is currently owned by institutional investors and hedge funds.

About CocaCola

(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.

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