CocaCola (NYSE:KO) Hits New 52-Week High – Should You Buy?

CocaCola Company (The) (NYSE:KO)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $82.88 and last traded at $83.0590, with a volume of 2524139 shares changing hands. The stock had previously closed at $81.34.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Bank of America highlighted Coca-Cola as a stock to watch as the 2026 World Cup begins, arguing that beverage volumes could rise during the tournament and lift sales. The World Cup Is Here: Analyst Names One Beverage Stock To Watch
• Positive Sentiment: Recent coverage praised Coca-Cola’s ability to raise prices without losing momentum, with Q1 results showing 10% organic revenue growth and 3% volume growth, supporting confidence in earnings durability. Coca-Cola’s Inflation Balancing Act: Price Increases vs. Volume
• Positive Sentiment: Several articles reinforced KO’s appeal as a Dividend King, citing its decades-long dividend growth record, which can attract income-focused buyers. 1 Plain-As-Day Dividend King to Buy and Never Sell That Has Increased Its Payout for 64 Consecutive Years
• Positive Sentiment: News that Coca-Cola is launching BodyArmor Fit supports its push into “better-for-you” beverages, adding another growth avenue beyond traditional soda. Coca-Cola launches BodyArmor Fit as it branches out in the ‘better-for-you’ category
• Neutral Sentiment: Chairman James Quincey and EVP Jennifer Mann disclosed stock sales, but both were pre-planned 10b5-1 transactions tied to tax withholding on equity awards, so the insider activity is not a strong negative signal.

Wall Street Analyst Weigh In

KO has been the subject of several recent research reports. Jefferies Financial Group upped their price objective on CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research note on Monday, March 16th. Citigroup upped their price objective on CocaCola from $90.00 to $91.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft upped their price objective on CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a research note on Monday, March 30th. Weiss Ratings raised CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 4th. Finally, Evercore reaffirmed an “outperform” rating and issued a $85.00 price objective on shares of CocaCola in a research note on Wednesday, February 11th. Fifteen research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $86.87.

CocaCola Price Performance

The stock has a market capitalization of $359.65 billion, a price-to-earnings ratio of 26.35, a P/E/G ratio of 3.18 and a beta of 0.35. The company has a fifty day simple moving average of $78.30 and a 200 day simple moving average of $75.48. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36.

CocaCola (NYSE:KO) last announced its 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. The firm had revenue of $12.47 billion for the quarter, compared to the consensus estimate of $12.24 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The business’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Equities research analysts forecast that CocaCola Company will post 3.26 EPS for the current fiscal year.

CocaCola Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 2.5%. CocaCola’s payout ratio is presently 66.67%.

Insiders Place Their Bets

In other news, Chairman James Quincey sold 436,296 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $80.13, for a total value of $34,960,398.48. Following the transaction, the chairman directly owned 122,833 shares of the company’s stock, valued at $9,842,608.29. The trade was a 78.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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. Also, EVP Nancy Quan sold 31,625 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $80.93, for a total value of $2,559,411.25. Following the completion of the transaction, the executive vice president directly owned 223,330 shares in the company, valued at $18,074,096.90. This represents a 12.40% decrease in their ownership of the stock. 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. In the last three months, insiders have sold 775,921 shares of company stock valued at $61,885,810. 0.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On CocaCola

A number of institutional investors and hedge funds have recently modified their holdings of the business. Geneos Wealth Management Inc. boosted its holdings in shares of CocaCola by 0.3% during the 1st 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 in the last quarter. HORAN Wealth LLC boosted its holdings in shares of CocaCola by 3.9% during the 1st quarter. HORAN Wealth LLC now owns 3,458 shares of the company’s stock worth $263,000 after buying an additional 130 shares in the last quarter. Wills Financial Group LLC boosted its holdings in shares of CocaCola by 1.3% during the 1st quarter. Wills Financial Group LLC now owns 10,170 shares of the company’s stock worth $816,000 after buying an additional 133 shares in the last quarter. Beacon Financial Advisory LLC boosted its holdings in shares of CocaCola by 0.5% during the 1st 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 in the last quarter. Finally, Vestia Personal Wealth Advisors boosted its holdings in shares of CocaCola by 3.8% during the 4th quarter. Vestia Personal Wealth Advisors now owns 3,819 shares of the company’s stock worth $275,000 after buying an additional 140 shares in the last quarter. 70.26% of the stock is currently owned by 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.