CocaCola Company (The) (NYSE:KO – Get Free Report) shares traded down 2% during trading on Monday after an insider sold shares in the company. The stock traded as low as $80.25 and last traded at $80.9390. 19,956,642 shares traded hands during trading, an increase of 18% from the average session volume of 16,850,053 shares. The stock had previously closed at $82.62.
Specifically, EVP Jennifer K. Mann sold 23,984 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $83.41, for a total value of $2,000,505.44. Following the sale, the executive vice president owned 157,400 shares of the company’s stock, valued at approximately $13,128,734. This represents a 13.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jennifer K. Mann sold 100,000 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $79.46, for a total transaction of $7,946,000.00. Following the completion of the transaction, the executive vice president directly owned 207,400 shares of the company’s stock, valued at approximately $16,480,004. This represents a 32.53% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. In other news, EVP Jennifer K. Mann sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $79.46, for a total value of $7,946,000.00. Following the completion of the transaction, the executive vice president owned 207,400 shares of the company’s stock, valued at $16,480,004. The trade was a 32.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at 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.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on KO. Sanford C. Bernstein began coverage on shares of CocaCola in a research report on Thursday. They issued a “market perform” rating and a $84.00 price objective for the company. UBS Group boosted their price objective on shares of CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Wells Fargo & Company boosted their price objective on shares of CocaCola from $87.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a research report on Monday, March 30th. Finally, Citigroup upped their price target on shares of CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Fifteen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $86.69.
Key CocaCola News
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Coca-Cola’s cost-saving initiatives and operating efficiencies are helping offset commodity inflation and support profitability, which could bolster margins even as supply-chain pressures persist. Are Coca-Cola’s Cost-Saving Initiatives Boosting Profitability?
- Positive Sentiment: KO is being highlighted as a low-beta consumer staples stock that may help investors navigate surging inflation and rate-hike fears, reinforcing demand for the shares as a defensive holding. 4 Low-Beta Consumer Staples Stocks to Navigate Through Surging Inflation
- Positive Sentiment: Jim Cramer described Coca-Cola as a “quintessential defensive stock,” suggesting the recent pullback was being seen as an opportunity as investors rotate into safer sectors. Jim Cramer on Coca-Cola: “This Is a Quintessential Defensive Stock”
- Positive Sentiment: Commentary continues to frame Coca-Cola as a reliable long-term income stock, supported by its Dividend King status and ongoing appeal to income-focused investors. Want a Lifetime of Passive Income? Buy Coca-Cola in June and Never Sell.
- Neutral Sentiment: Some articles focus on KO’s valuation after hitting an all-time high, with investors debating whether the stock still offers upside at current levels. Up 18% in 2026, Is Coca-Cola a Buy at an All-Time High?
- Neutral Sentiment: Coverage noting Coca-Cola near a 52-week high also suggests the stock may be close to fair value, which could temper near-term upside even as the business remains strong. Coca Cola at 52-Week High: Buy, Sell or Hold?
- Negative Sentiment: One recent piece suggests McDonald’s is exploring specialty drinks beyond Coca-Cola, which could hint at competitive pressure in beverage partnerships over time. McDonald’s looks beyond Coca-Cola as it chases specialty drink boom
CocaCola Stock Down 2.0%
The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. The firm’s 50-day moving average is $78.70 and its 200 day moving average is $75.70. The stock has a market cap of $348.24 billion, a price-to-earnings ratio of 25.45, a price-to-earnings-growth ratio of 3.30 and a beta of 0.35.
CocaCola (NYSE:KO – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.81 by $0.05. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The firm had revenue of $12.47 billion during the quarter, compared to analyst estimates of $12.24 billion. During the same quarter in the prior year, the business posted $0.73 earnings per share. CocaCola’s revenue for the quarter was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Sell-side analysts anticipate that CocaCola Company will post 3.26 earnings per share for the current fiscal year.
CocaCola Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 2.6%. The ex-dividend date is Monday, June 15th. CocaCola’s payout ratio is currently 66.67%.
Institutional Investors Weigh In On CocaCola
Several institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. grew its stake in CocaCola by 0.3% during the first quarter. Geneos Wealth Management Inc. now owns 40,879 shares of the company’s stock worth $3,109,000 after buying an additional 129 shares during the period. HORAN Wealth LLC grew its stake in CocaCola by 3.9% during the first quarter. HORAN Wealth LLC now owns 3,458 shares of the company’s stock worth $263,000 after buying an additional 130 shares during the period. Wills Financial Group LLC grew its stake in CocaCola by 1.3% during the first quarter. Wills Financial Group LLC now owns 10,170 shares of the company’s stock worth $816,000 after buying an additional 133 shares during the period. Beacon Financial Advisory LLC grew its stake in CocaCola by 0.5% during the first quarter. Beacon Financial Advisory LLC now owns 26,844 shares of the company’s stock worth $2,041,000 after buying an additional 136 shares during the period. Finally, Vestia Personal Wealth Advisors grew its stake in CocaCola by 3.8% during the fourth quarter. Vestia Personal Wealth Advisors now owns 3,819 shares of the company’s stock worth $275,000 after buying an additional 140 shares during the period. 70.26% of the stock is currently owned by hedge funds and other institutional investors.
About CocaCola
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.
See Also
- Five stocks we like better than CocaCola
- These 5 Companies Just Made a Massive Bet on Themselves
- 5 Stocks Built to Thrive in a Higher-for-Longer Economy
- RH’s Strong Q1 Still Leaves Investors With One Big Question
- Iran Ceasefire or Not, These 3 Companies Could Win
Receive News & Ratings for CocaCola Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CocaCola and related companies with MarketBeat.com's FREE daily email newsletter.
