Coca-Cola (NYSE:KO) EVP Sells $1,968,337.70 in Stock

Coca-Cola Company (The) (NYSE:KO) EVP Nancy Quan sold 20,585 shares of the business’s stock in a transaction dated Thursday, November 5th. The stock was sold at an average price of $95.62, for a total value of $1,968,337.70. Following the transaction, the executive vice president owned 223,330 shares of the company’s stock, valued at approximately $21,354,814.60. The trade was a 8.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Nancy Quan also recently made the following trade(s):

• On Wednesday, August 19th, Nancy Quan sold 50,000 shares of Coca-Cola stock. The stock was sold at an average price of $90.39, for a total transaction of $4,519,500.00.

Coca-Cola Price Performance

Shares of NYSE:KO opened at $97.59 on Thursday. The firm has a market capitalization of $419.82 billion, a price-to-earnings ratio of 28.70, a PEG ratio of 3.78 and a beta of 0.28. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.38 and a quick ratio of 1.19. Coca-Cola Company has a one year low of $67.27 and a one year high of $97.83. The company’s fifty day moving average price is $90.45 and its 200-day moving average price is $83.06.

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

Coca-Cola Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be given a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Tuesday, December 1st. Coca-Cola’s dividend payout ratio (DPR) is presently 62.35%.

Institutional Investors Weigh In On Coca-Cola

A number of large investors have recently made changes to their positions in the business. Bank of America Corp DE boosted its holdings in Coca-Cola by 4.4% in the second quarter. Bank of America Corp DE now owns 45,958,636 shares of the company’s stock valued at $3,735,058,000 after acquiring an additional 1,939,673 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Coca-Cola by 0.4% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,354,414 shares of the company’s stock valued at $2,954,523,000 after purchasing an additional 162,097 shares during the period. Wellington Management Group LLP raised its holdings in Coca-Cola by 9.2% in the 2nd quarter. Wellington Management Group LLP now owns 29,053,752 shares of the company’s stock worth $2,361,198,000 after purchasing an additional 2,439,026 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Coca-Cola by 1.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 18,822,295 shares of the company’s stock worth $1,431,495,000 after purchasing an additional 235,785 shares in the last quarter. Finally, Fayez Sarofim & Co raised its holdings in Coca-Cola by 0.7% in the 2nd quarter. Fayez Sarofim & Co now owns 15,272,831 shares of the company’s stock worth $1,241,223,000 after purchasing an additional 113,599 shares in the last quarter. 70.26% of the stock is currently owned by institutional investors.

Key Coca-Cola News

Investors following KO have been watching these news items:

• Positive Sentiment: Zacks Research raised its earnings estimates for multiple periods, including FY2026 to $3.34 per share from $3.29 and FY2028 to $3.78 from $3.74. The upward revisions reinforce expectations for continued earnings growth. Zacks Research estimate revisions
• Positive Sentiment: Recent commentary highlights momentum in functional beverages, including fairlife, Powerade and smartwater, as well as innovation and capacity expansion that could support growth. Can Coca-Cola Benefit From Rising Demand for Functional Drinks?
• Negative Sentiment: KO’s roughly 36% one-year rise has reduced its forward dividend yield to about 2.2%, and commentary cautions that the shares are not cheap. This could limit upside if earnings growth does not keep pace with the stock’s advance. Coca-Cola Stock Is Up 36% in a Year

Analysts Set New Price Targets

KO has been the subject of several recent research reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a $96.00 price objective on shares of Coca-Cola in a research report on Monday, October 26th. Daiwa Securities Group lifted their target price on shares of Coca-Cola from $83.00 to $93.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. The Goldman Sachs Group reiterated a “neutral” rating and set a $86.00 price target (up from $82.00) on shares of Coca-Cola in a report on Tuesday, July 28th. TD Cowen increased their price target on shares of Coca-Cola from $100.00 to $104.00 and gave the company a “buy” rating in a research report on Wednesday, October 28th. Finally, BNP Paribas Exane raised their price target on shares of Coca-Cola from $90.00 to $98.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $97.26.

Coca-Cola Company Profile

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.