Key Points
- Coca-Cola Chairman James Quincey sold 145,947 shares for approximately $13.15 million, reducing his position by 54.3%. The sale occurred under a pre-arranged Rule 10b5-1 plan to cover tax obligations tied to vested equity awards.
- Coca-Cola reported stronger-than-expected quarterly results, with EPS of $0.97 versus the $0.93 consensus and revenue of $13.37 billion, up 6.2% year over year. Analysts maintain a broadly positive outlook, with a consensus “Moderate Buy” rating and a $95.76 target price.
- The company announced a quarterly dividend of $0.53 per share, equivalent to $2.12 annually and a 2.4% yield. Shares opened at $88.53, near their 52-week high of $90.92, while valuation concerns and recent insider selling may limit further upside.
CocaCola Company (The) (NYSE:KO - Get Free Report) Chairman James Quincey sold 145,947 shares of the firm's stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $90.09, for a total value of $13,148,365.23. Following the completion of the transaction, the chairman owned 122,833 shares of the company's stock, valued at approximately $11,066,024.97. The trade was a 54.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 Tuesday, July 28th, James Quincey sold 381,140 shares of CocaCola stock. The stock was sold at an average price of $90.04, for a total value of $34,317,845.60.
- On Thursday, June 4th, James Quincey sold 8,000 shares of CocaCola stock. The stock was sold at an average price of $80.00, for a total value of $640,000.00.
- 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 transaction of $15,780,000.00.
CocaCola Stock Down 0.6%
NYSE:KO opened at $88.53 on Friday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 1.15. The firm's 50-day moving average price is $81.92 and its 200-day moving average price is $78.65. The company has a market capitalization of $380.90 billion, a PE ratio of 26.59, a P/E/G ratio of 3.59 and a beta of 0.34. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $90.92.
CocaCola (NYSE:KO - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.93 by $0.04. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The company had revenue of $13.37 billion during the quarter, compared to analysts' expectations of $13.17 billion. During the same period last year, the company posted $0.87 EPS. CocaCola's revenue was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities analysts predict that CocaCola Company will post 3.28 EPS for the current fiscal year.
CocaCola Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.53 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.4%. CocaCola's dividend payout ratio (DPR) is currently 66.67%.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on KO shares. Morgan Stanley restated an "overweight" rating and issued a $100.00 price target (up from $89.00) on shares of CocaCola in a research note on Wednesday. The Goldman Sachs Group reiterated a "neutral" rating and set a $86.00 price objective (up from $82.00) on shares of CocaCola in a research note on Tuesday. Barclays boosted their target price on CocaCola from $91.00 to $93.00 and gave the stock an "overweight" rating in a report on Thursday. Truist Financial set a $88.00 target price on CocaCola in a research note on Friday, June 26th. Finally, TD Cowen raised their price target on CocaCola from $90.00 to $100.00 and gave the company a "buy" rating in a report on Wednesday. Fifteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, CocaCola presently has a consensus rating of "Moderate Buy" and a consensus target price of $95.76.
Check Out Our Latest Research Report on CocaCola
Hedge Funds Weigh In On CocaCola
Several hedge funds and other institutional investors have recently added to or reduced their stakes in KO. Brighton Jones LLC lifted its stake in CocaCola by 13.3% during the 4th quarter. Brighton Jones LLC now owns 39,072 shares of the company's stock valued at $2,433,000 after acquiring an additional 4,591 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of CocaCola by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company's stock worth $548,000 after acquiring an additional 293 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in shares of CocaCola during the first quarter valued at approximately $210,000. Jump Financial LLC raised its holdings in shares of CocaCola by 450.5% during the second quarter. Jump Financial LLC now owns 39,583 shares of the company's stock valued at $2,800,000 after purchasing an additional 32,392 shares during the last quarter. Finally, Osterweis Capital Management Inc. lifted its position in CocaCola by 548.2% during the second quarter. Osterweis Capital Management Inc. now owns 1,063 shares of the company's stock valued at $75,000 after purchasing an additional 899 shares during the period. 70.26% of the stock is owned by institutional investors.
Trending Headlines about CocaCola
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Strong second-quarter results remain the main catalyst. Coca-Cola reported adjusted EPS of $0.97, topping the $0.93 consensus, while revenue rose 6.2% year over year to $13.37 billion, ahead of the $13.17 billion estimate. Global unit-case volume increased 5%, and management raised its 2026 outlook, supporting expectations for continued earnings growth. Coca-Cola Q2 2026 Earnings Call Highlights
- Positive Sentiment: World Cup marketing boosted demand. Management credited FIFA World Cup activation with helping deliver the company’s strongest quarterly volume growth in 17 years. Pricing, product mix, zero-sugar beverages and Fairlife also contributed to broad-based growth across regions. KO Q2 Earnings Call Highlights
- Positive Sentiment: Analyst sentiment improved. Jefferies raised its price target to $104, while TD Cowen and Citigroup moved to $100 and JPMorgan increased its target to $96. Argus also raised its target to $97 and assigned a Buy rating, reinforcing the bullish response to the earnings report.
- Neutral Sentiment: Fairlife’s ransomware disruption appears contained. A cyberattack shut down all four U.S. Fairlife plants for 11 days in July, but Coca-Cola said most production has resumed, reducing the risk of a prolonged supply or financial impact. Coca-Cola keeps beating its rivals, and Wall Street noticed
- Negative Sentiment: Valuation is limiting additional upside. After a substantial 2026 rally and trading near its yearly high, Coca-Cola’s P/E near 27 has prompted caution. HSBC downgraded the stock to Hold, arguing that PepsiCo may offer better value.
- Negative Sentiment: Recent insider sales add a modest overhang. Chairman James Quincey sold roughly $47.5 million of shares, and insider Bruno Pietracci sold about $6.8 million. The transactions were made under pre-arranged Rule 10b5-1 plans to cover tax withholding on vested equity awards, making them less concerning than discretionary selling but still a potential sentiment headwind.
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.
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