CocaCola Company (The) (NYSE:KO - Get Free Report) insider Bruno Pietracci sold 111,365 shares of the company's stock in a transaction dated Thursday, August 20th. The stock was 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 of the company's stock, valued at approximately $3,761,319.45. The trade was a 72.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Bruno Pietracci also recently made the following trade(s):
- On Tuesday, July 28th, Bruno Pietracci sold 75,727 shares of CocaCola stock. The shares were sold at an average price of $89.65, for a total value of $6,788,925.55.
CocaCola Stock Performance
NYSE:KO opened at $91.94 on Tuesday. The stock has a market cap of $395.59 billion, a P/E ratio of 27.61, a price-to-earnings-growth ratio of 3.18 and a beta of 0.33. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97. The stock's 50-day moving average is $84.49 and its 200-day moving average is $80.51. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $92.49.
CocaCola (NYSE:KO - Get Free Report) last issued its quarterly earnings data 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. The business had revenue of $13.37 billion during the quarter, compared to analyst estimates of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The firm's quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the business earned $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Equities research analysts anticipate that CocaCola Company will post 3.29 earnings per share for the current year.
CocaCola Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be given a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.3%. The ex-dividend date is Tuesday, September 15th. CocaCola's dividend payout ratio is 63.66%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Brighton Jones LLC increased its holdings in CocaCola by 13.3% in the fourth quarter. Brighton Jones LLC now owns 39,072 shares of the company's stock worth $2,433,000 after purchasing an additional 4,591 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of CocaCola by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company's stock worth $548,000 after buying an additional 293 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of CocaCola during the 1st quarter worth approximately $210,000. Jump Financial LLC grew its position in shares of CocaCola by 450.5% during the 2nd quarter. Jump Financial LLC now owns 39,583 shares of the company's stock worth $2,800,000 after buying an additional 32,392 shares during the period. Finally, Osterweis Capital Management Inc. increased its stake in CocaCola by 548.2% in 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 in the last quarter. 70.26% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the stock. HSBC lowered shares of CocaCola from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 28th. Jefferies Financial Group raised their target price on CocaCola from $95.00 to $104.00 and gave the stock a "buy" rating in a research report on Wednesday, July 29th. Morgan Stanley reaffirmed an "overweight" rating and set a $100.00 target price (up from $89.00) on shares of CocaCola in a report on Wednesday, July 29th. Citigroup upped their price target on CocaCola from $97.00 to $100.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. Finally, Truist Financial set a $88.00 price target on CocaCola in a research note on Friday, June 26th. Fifteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, CocaCola has a consensus rating of "Moderate Buy" and an average target price of $95.76.
Get Our Latest Stock Analysis on KO
CocaCola News Summary
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Coca-Cola ranked among the leading consumer-staples companies for growth, reinforcing confidence in its ability to expand despite a relatively mature market. Coca-Cola leads consumer staples growth rankings
- Positive Sentiment: Analysts noted that Coca-Cola is adapting to changing consumer health preferences through flagship brands, product diversification and innovation across more beverage occasions. This may help protect long-term sales as consumers reduce consumption of traditional sugary drinks. Coca-Cola Faces Consumer Health Trend Shifts
- Positive Sentiment: Coca-Cola continues to attract attention as a potential long-term dividend compounder, appealing to investors seeking dependable income and stability amid a market environment that has favored speculation. 3 Dividend Stocks to Buy Before August Ends
- Neutral Sentiment: Executive Bruno Pietracci sold 111,365 KO shares for approximately $10.1 million, reducing his position by about 73%. The filing said the sale covered tax-withholding obligations tied to vested equity awards, making it less concerning than a discretionary sale but still a potential short-term sentiment overhang. Top Coca-Cola Executive Makes a Major Move
- Negative Sentiment: Valuation analysis suggests KO is closer to fairly valued than clearly undervalued. Its discounted-cash-flow estimate is near the current market price, while earnings multiples appear expensive after an 88% five-year return, potentially limiting upside for new buyers. Coca-Cola Stock Looks Cheap on Cash Flow but Pricey on Earnings
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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