CocaCola (NYSE:KO) Chairman Sells $34,317,845.60 in Stock

CocaCola Company (The) (NYSE:KO) Chairman James Quincey sold 381,140 shares of the stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $90.04, for a total value of $34,317,845.60. Following the sale, the chairman directly owned 122,833 shares in the company, valued at $11,059,883.32. This represents a 75.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, 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 Wednesday, July 29th, James Quincey sold 145,947 shares of CocaCola stock. The shares were sold at an average price of $90.09, for a total value of $13,148,365.23.
• 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 stock was 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 stock was sold at an average price of $78.90, for a total value of $15,780,000.00.

CocaCola Stock Performance

Shares of NYSE KO traded down $0.81 during midday trading on Thursday, reaching $88.27. 7,837,842 shares of the stock were exchanged, compared to its average volume of 17,414,385. The company has a quick ratio of 1.15, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. The firm has a market cap of $379.80 billion, a price-to-earnings ratio of 26.51, a PEG ratio of 3.56 and a beta of 0.34. The firm has a 50-day simple moving average of $81.77 and a two-hundred day simple moving average of $78.53. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $90.92.

CocaCola (NYSE:KO) 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. The firm had revenue of $13.37 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, analysts anticipate that CocaCola Company will post 3.27 EPS for the current fiscal year.

CocaCola Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola’s dividend payout ratio is presently 66.67%.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Strong second-quarter performance remains the primary bullish catalyst. Coca-Cola reported adjusted EPS of $0.97, above the $0.93 consensus, while revenue rose 6.2% year over year to $13.37 billion, exceeding expectations. Global unit-case volume increased 5%, and management raised its 2026 outlook, including comparable EPS growth of approximately 9% to 10%. Coca-Cola Q2 2026 earnings call highlights
• Positive Sentiment: World Cup marketing helped accelerate demand. Management said FIFA World Cup activation contributed to Coca-Cola’s strongest quarterly volume growth in 17 years. Pricing, product mix, zero-sugar beverages, and Fairlife also supported revenue and margin expansion. Coca-Cola lifts annual forecasts
• Positive Sentiment: Analyst sentiment improved. Jefferies, TD Cowen, and Citigroup raised their price targets to $104, $100, and $100, respectively, while JPMorgan lifted its target to $96. The consensus rating remains bullish, supporting the longer-term investment case.
• Neutral Sentiment: Most Fairlife production has resumed following a cyberattack, reducing the risk of a prolonged supply disruption but offering limited incremental upside. Fairlife production resumes
• Negative Sentiment: Profit-taking and valuation are likely pressuring the stock. After gaining more than 20% in 2026 and trading at roughly 27 times earnings, Coca-Cola offers less valuation room for further near-term gains. HSBC downgraded the shares to Hold and said PepsiCo may provide better value.
• Negative Sentiment: Insider Bruno Pietracci sold 75,727 shares for about $6.8 million under a pre-arranged Rule 10b5-1 plan to cover tax withholding on vested equity awards. The planned, tax-related nature of the transaction makes it a limited bearish signal.

Analyst Ratings Changes

A number of equities analysts recently weighed in on KO shares. Evercore reaffirmed an “outperform” rating and issued a $100.00 price target on shares of CocaCola in a report on Tuesday. Piper Sandler upped their target price on CocaCola from $88.00 to $95.00 and gave the stock an “overweight” rating in a research note on Wednesday. The Goldman Sachs Group reissued a “neutral” rating and issued a $86.00 price target (up from $82.00) on shares of CocaCola in a research note on Tuesday. Argus upped their price objective on shares of CocaCola from $91.00 to $97.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Barclays increased their price objective on shares of CocaCola from $91.00 to $93.00 and gave the company an “overweight” rating in a report on Thursday. Fifteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $95.76.

Institutional Trading of CocaCola

A number of institutional investors have recently made changes to their positions in the company. Norges Bank acquired a new position in CocaCola in the 4th quarter valued at $3,865,807,000. Cardano Risk Management B.V. grew its holdings in shares of CocaCola by 867.2% during the fourth quarter. Cardano Risk Management B.V. now owns 14,432,190 shares of the company’s stock worth $1,008,954,000 after buying an additional 12,939,959 shares in the last quarter. Marshall Wace LLP raised its position in shares of CocaCola by 1,206.9% in the fourth quarter. Marshall Wace LLP now owns 10,641,007 shares of the company’s stock valued at $743,913,000 after buying an additional 9,826,768 shares during the last quarter. Bank of America Corp DE raised its position in shares of CocaCola by 29.2% in the fourth quarter. Bank of America Corp DE now owns 40,182,323 shares of the company’s stock valued at $2,809,146,000 after buying an additional 9,078,447 shares during the last quarter. Finally, Capital World Investors lifted its stake in shares of CocaCola by 98.7% in the fourth quarter. Capital World Investors now owns 12,573,527 shares of the company’s stock worth $879,015,000 after buying an additional 6,246,627 shares in the last quarter. 70.26% of the stock is owned by institutional investors and hedge funds.

CocaCola Company Profile

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.