Coca-Cola (NYSE:KO) Stock Price Down 1.1% – Here’s What Happened

Coca-Cola Company (The) (NYSE:KO) shares were down 1.1% during mid-day trading on Tuesday. The company traded as low as $94.18 and last traded at $94.7470. 15,996,279 shares traded hands during trading, a decline of 5% from the average session volume of 16,906,867 shares. The stock had previously closed at $95.83.

Key Stories Impacting Coca-Cola

Here are the key news stories impacting Coca-Cola this week:

• Positive Sentiment: Coca-Cola has increased its dividend for 64 consecutive years. Berkshire Hathaway is expected to collect about $848 million in KO dividends in 2026, underscoring the stock’s appeal to income-focused investors. Read More.
• Positive Sentiment: Recent commentary says Coca-Cola is passing higher costs on to consumers, highlighting pricing power amid inflation. The supplied earnings data also showed revenue growth and an EPS beat, though those results are not new today. Read More.
• Neutral Sentiment: A comparison with Monster Beverage shows Coca-Cola’s revenue base is larger, with both companies generally trending upward over the periods reviewed. This is useful context, but not a new company-specific catalyst. Read More.
• Negative Sentiment: A report says the consensus price target for Coca-Cola was reduced by 11.9%. Separately, an opinion piece characterizes KO as a defensive “shelter” rather than a growth stock. With shares near their 12-month high and a P/E around 28, valuation and more limited growth expectations may temper enthusiasm. Read More. · Read More.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on KO shares. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Coca-Cola from $92.00 to $98.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. HSBC raised their target price on shares of Coca-Cola from $90.00 to $98.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Seaport Research Partners set a $95.00 price target on shares of Coca-Cola in a report on Friday, August 14th. Citigroup boosted their price target on shares of Coca-Cola from $102.00 to $103.00 and gave the stock a “buy” rating in a research note on Wednesday, October 28th. Finally, Piper Sandler increased their price objective on shares of Coca-Cola from $95.00 to $102.00 and gave the company an “overweight” rating in a report on Monday, October 26th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Coca-Cola has a consensus rating of “Moderate Buy” and a consensus target price of $97.26.

Coca-Cola Price Performance

The firm’s 50-day moving average is $89.57 and its two-hundred day moving average is $82.20. The company has a market cap of $407.59 billion, a P/E ratio of 27.87, a PEG ratio of 3.52 and a beta of 0.32. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.38 and a quick ratio of 1.12.

Coca-Cola (NYSE:KO) last released its quarterly earnings data on Tuesday, October 27th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03. Coca-Cola had a net margin of 28.65% and a return on equity of 38.79%. The business had revenue of $13.35 billion during the quarter, compared to analyst estimates of $12.92 billion. During the same quarter last year, the business earned $0.82 earnings per share. Coca-Cola’s quarterly revenue was up 7.2% compared to the same quarter last year. Analysts anticipate that Coca-Cola Company will post 3.34 earnings per share for the current year.

Coca-Cola Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, December 1st. Coca-Cola’s payout ratio is presently 62.35%.

Insider Buying and Selling at Coca-Cola

In other news, insider Bruno Pietracci sold 111,365 shares of the firm’s stock in a transaction that occurred on 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 sale, the insider directly owned 41,365 shares of the company’s stock, valued at $3,761,319.45. This trade represents a 72.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Nancy Quan sold 50,000 shares of Coca-Cola stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total value 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 approximately $20,186,798.70. This trade represents a 18.29% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 171,323 shares of company stock worth $15,507,286 over the last ninety days. Company insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Allen Investment Management LLC raised its holdings in shares of Coca-Cola by 43.7% in the third quarter. Allen Investment Management LLC now owns 341,016 shares of the company’s stock worth $29,355,000 after buying an additional 103,772 shares during the period. Tennessee Valley Asset Management Partners boosted its holdings in Coca-Cola by 2.0% during the 3rd quarter. Tennessee Valley Asset Management Partners now owns 6,721 shares of the company’s stock valued at $581,000 after acquiring an additional 129 shares during the period. Parallel Advisors LLC boosted its holdings in Coca-Cola by 1.3% during the 3rd quarter. Parallel Advisors LLC now owns 102,033 shares of the company’s stock valued at $8,783,000 after acquiring an additional 1,359 shares during the period. Asset Dedication LLC boosted its holdings in Coca-Cola by 1.6% during the 3rd quarter. Asset Dedication LLC now owns 46,930 shares of the company’s stock valued at $4,040,000 after acquiring an additional 742 shares during the period. Finally, Plancorp LLC grew its position in Coca-Cola by 21.9% in the 3rd quarter. Plancorp LLC now owns 20,721 shares of the company’s stock valued at $1,949,000 after acquiring an additional 3,716 shares during the last quarter. Institutional investors own 70.26% of the company’s stock.

About Coca-Cola

The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Founded in 1886, it is best known for Coca-Cola, one of the world’s most recognized soft drink brands.

The company owns, licenses, and markets a broad portfolio of beverages, including sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and energy drinks. Its brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, smartwater, Powerade, Minute Maid, Simply, fairlife, and Costa Coffee, among others.

The Coca-Cola Company serves consumers in more than 200 countries and territories through a system that includes company-operated operations, independent bottling partners, distributors, retailers, and food-service providers.