CocaCola (NYSE:KO) EVP Sells $4,519,500.00 in Stock

CocaCola Company (The) (NYSE:KO - Get Free Report) EVP Nancy Quan sold 50,000 shares of CocaCola stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the completion of the transaction, the executive vice president owned 223,330 shares of the company's stock, valued at $20,186,798.70. This represents a 18.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

CocaCola Stock Performance

• 5 Stocks the Market Rewarded After Strong Earnings Results

Shares of KO stock opened at $90.91 on Friday. The company has a market cap of $391.14 billion, a P/E ratio of 27.30, a PEG ratio of 3.16 and a beta of 0.33. The firm has a fifty day moving average price of $84.27 and a 200 day moving average price of $80.37. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $91.86.

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CocaCola (NYSE:KO - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.04. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The company had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $13.17 billion. During the same period in the previous year, the business earned $0.87 EPS. CocaCola's revenue for the quarter was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Sell-side analysts predict that CocaCola Company will post 3.29 earnings per share for the current fiscal year.

CocaCola Announces Dividend

• Why Coca-Cola Is Winning While AI Stocks Grab the Headlines

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued 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 yield of 2.3%. CocaCola's dividend payout ratio (DPR) is presently 63.66%.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analyst coverage remains generally supportive, with brokers highlighting Coca-Cola as an investment candidate. Recent quarterly results also exceeded expectations, with earnings and revenue above consensus and revenue growth of 6.2% year over year. Brokers Suggest Investing in Coca-Cola
• Positive Sentiment: Investors have been seeking established, lower-volatility companies, helping Coca-Cola reach an all-time high and break above $90 for the first time. Its strong brand portfolio and defensive characteristics may be attractive amid market uncertainty. Coca-Cola Hits All-Time High
• Positive Sentiment: Coca-Cola’s long dividend record continues to support its appeal to income-focused investors. Berkshire Hathaway reportedly receives approximately $848 million annually from its Coca-Cola holdings, underscoring the scale and consistency of the payout. Dividend King Pays Berkshire
• Neutral Sentiment: Coverage is also examining Coca-Cola’s cash flow and dividend sustainability as interest rates and bond yields rise. Higher yields could increase the relative appeal of fixed-income investments, although Coca-Cola’s recurring cash generation remains central to its income-investor case. Coca-Cola Cash Flow as Yields Rise
• Negative Sentiment: Executive Vice President Nancy Quan sold 50,000 shares worth about $4.5 million. The filing states the sale covered tax withholding tied to vested equity awards, reducing its negative signaling value, though it may create modest near-term selling pressure.

Hedge Funds Weigh In On CocaCola

• 2 Consumer Staples Stocks Giving Investors a Break From the AI Trade

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in CocaCola by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company's stock worth $26,200,276,000 after acquiring an additional 5,886,352 shares during the period. State Street Corp boosted its holdings in CocaCola by 1.2% in the 4th quarter. State Street Corp now owns 167,850,330 shares of the company's stock valued at $11,734,417,000 after purchasing an additional 1,992,327 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of CocaCola by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company's stock worth $6,273,037,000 after buying an additional 433,547 shares in the last quarter. Norges Bank acquired a new stake in shares of CocaCola in the 4th quarter valued at approximately $3,865,807,000. Finally, Bank of America Corp DE lifted its holdings in shares of CocaCola by 4.4% in the 2nd quarter. Bank of America Corp DE now owns 45,958,636 shares of the company's stock valued at $3,735,058,000 after buying an additional 1,939,673 shares during the period. Hedge funds and other institutional investors own 70.26% of the company's stock.

Analyst Ratings Changes

KO has been the topic of a number of recent analyst reports. Truist Financial set a $88.00 target price on shares of CocaCola in a research report on Friday, June 26th. Sanford C. Bernstein reiterated a "market perform" rating and set a $93.00 target price on shares of CocaCola in a research report on Wednesday, July 29th. JPMorgan Chase & Co. raised their price target on CocaCola from $90.00 to $96.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 29th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $86.00 price target (up from $82.00) on shares of CocaCola in a research report on Tuesday, July 28th. Finally, UBS Group set a $104.00 price objective on CocaCola and gave the company a "buy" rating in a research note on Wednesday, July 29th. Fifteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $95.76.

View Our Latest Stock Analysis on KO

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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