CocaCola Company (The) (NYSE:KO - Get Free Report) CFO John Murphy sold 152,483 shares of CocaCola stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $87.31, for a total value of $13,313,290.73. Following the completion of the sale, the chief financial officer owned 279,917 shares in the company, valued at approximately $24,439,553.27. This trade represents a 35.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
CocaCola Trading Down 0.9%
Shares of KO stock opened at $86.84 on Tuesday. The business's fifty day moving average price is $82.15 and its 200 day moving average price is $78.88. The firm has a market capitalization of $373.62 billion, a PE ratio of 26.08, a P/E/G ratio of 3.06 and a beta of 0.33. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 1.12. 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 released its earnings results on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, beating analysts' consensus estimates of $0.93 by $0.04. The company had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.CocaCola's quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, sell-side analysts forecast that CocaCola Company will post 3.29 EPS for the current fiscal year.
CocaCola Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 15th. CocaCola's dividend payout ratio (DPR) is currently 63.66%.
Wall Street Analyst Weigh In
Several research analysts have weighed in on the stock. Barclays upped their target price on shares of CocaCola from $91.00 to $93.00 and gave the stock an "overweight" rating in a research report on Thursday. Bank of America lifted their price target on shares of CocaCola from $90.00 to $95.00 and gave the company a "buy" rating in a research report on Friday, July 10th. UBS Group set a $104.00 price target on CocaCola and gave the stock a "buy" rating in a research note on Wednesday, July 29th. TD Cowen upped their price target on CocaCola from $90.00 to $100.00 and gave the stock a "buy" rating in a report on Wednesday, July 29th. Finally, Jefferies Financial Group raised their price objective on CocaCola from $95.00 to $104.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. Fifteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $95.76.
Check Out Our Latest Report on KO
Trending Headlines about CocaCola
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Coca-Cola is being highlighted as a defensive consumer-staples investment as weakening consumer confidence and market volatility increase demand for stable, dividend-paying companies. 4 Consumer Staples Stocks to Play Safe Amid Sinking Consumer Confidence
- Positive Sentiment: Recent coverage points to Coca-Cola’s strong second-quarter results and long record of dividend growth as reasons investors may rotate toward KO and other defensive names away from technology and artificial-intelligence trades. 2 Consumer Staples Stocks Giving Investors a Break From the AI Trade
- Positive Sentiment: The company’s latest quarter exceeded expectations, with earnings of $0.97 per share versus a $0.93 consensus and revenue of $13.37 billion versus $13.17 billion. Revenue increased 6.2% year over year, reinforcing the company’s earnings momentum. Coca-Cola’s dividend also remains strategically important to Berkshire Hathaway, which is expected to receive roughly $848 million in dividends this year. Prediction: Greg Abel Will Continue Holding This Berkshire Hathaway Stock
- Neutral Sentiment: CFO John Murphy sold 152,483 shares, reducing his holdings by about 35%, but the filing said the transaction covered tax-withholding obligations tied to vested equity awards. This makes the sale less concerning than a discretionary disposal, although it can still affect short-term sentiment. SEC Form 4 Filing
- Negative Sentiment: Analysts are focusing on Coca-Cola absorbing near-term margin pressure as it expands in China, creating a potential offset to otherwise steady beverage demand and solid sales growth. Coca-Cola Absorbs Margin Hit for Expansion in Key Market
- Negative Sentiment: Separate reports of Coca-Cola’s chairman selling sizable blocks of stock add to insider-selling concerns, even as the broader earnings and dividend outlook remains favorable. Coca-Cola Chairman Sells Stock
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the business. Eurizon SLJ Capital Ltd acquired a new stake in shares of CocaCola in the 4th quarter worth approximately $552,000. Farther Finance Advisors LLC increased its stake in shares of CocaCola by 38.1% during the fourth quarter. Farther Finance Advisors LLC now owns 111,598 shares of the company's stock valued at $7,802,000 after acquiring an additional 30,786 shares during the period. Greenberg Financial Group bought a new stake in CocaCola during the fourth quarter worth approximately $507,000. King Luther Capital Management Corp raised its holdings in CocaCola by 0.8% during the fourth quarter. King Luther Capital Management Corp now owns 3,852,525 shares of the company's stock worth $269,330,000 after purchasing an additional 31,694 shares in the last quarter. Finally, Retirement Guys Formula LLC lifted its position in CocaCola by 40.5% in the fourth quarter. Retirement Guys Formula LLC now owns 49,056 shares of the company's stock worth $3,429,000 after purchasing an additional 14,130 shares during the period. Hedge funds and other institutional investors own 70.26% of the company's stock.
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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