UBS Group Issues Positive Forecast for CocaCola (NYSE:KO) Stock Price

CocaCola (NYSE:KO) had its price target increased by research analysts at UBS Group from $87.00 to $90.00 in a research report issued on Tuesday, MarketBeat.com reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price target would indicate a potential upside of 18.16% from the company’s current price.

KO has been the topic of several other research reports. Wells Fargo & Company increased their price target on CocaCola from $79.00 to $87.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Truist Financial set a $85.00 price objective on CocaCola in a research report on Wednesday, February 11th. Weiss Ratings reissued a “buy (b-)” rating on shares of CocaCola in a research report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft increased their price objective on CocaCola from $83.00 to $86.00 and gave the stock a “buy” rating in a research note on Monday, March 30th. Finally, Barclays increased their price objective on CocaCola from $77.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating and fifteen have given a Buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $85.00.

CocaCola Stock Down 1.4%

Shares of NYSE:KO traded down $1.05 during midday trading on Tuesday, reaching $76.17. The company had a trading volume of 3,678,205 shares, compared to its average volume of 18,058,500. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.46 and a quick ratio of 1.25. The stock’s fifty day moving average price is $77.39 and its 200-day moving average price is $72.34. The stock has a market capitalization of $327.83 billion, a P/E ratio of 25.05, a PEG ratio of 3.24 and a beta of 0.36. CocaCola has a one year low of $65.35 and a one year high of $82.00.

CocaCola (NYSE:KO) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. CocaCola had a net margin of 27.34% and a return on equity of 41.31%. The business had revenue of $11.82 billion during the quarter, compared to analyst estimates of $12.04 billion. During the same quarter in the previous year, the firm earned $0.55 earnings per share. The business’s revenue was up 2.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. Equities research analysts expect that CocaCola will post 2.96 earnings per share for the current fiscal year.

Insider Buying and Selling at CocaCola

In related news, CEO James Quincey sold 250,688 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $79.14, for a total transaction of $19,839,448.32. Following the sale, the chief executive officer owned 278,155 shares in the company, valued at $22,013,186.70. This represents a 47.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Nancy Quan sold 23,556 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.50, for a total value of $1,872,702.00. Following the completion of the transaction, the executive vice president owned 223,330 shares in the company, valued at approximately $17,754,735. The trade was a 9.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 892,925 shares of company stock worth $70,254,796 over the last quarter. 0.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd grew its position in shares of CocaCola by 82.3% in the third quarter. Dynamic Technology Lab Private Ltd now owns 49,700 shares of the company’s stock valued at $3,296,000 after purchasing an additional 22,444 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of CocaCola by 2.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,051,957 shares of the company’s stock worth $136,086,000 after acquiring an additional 57,407 shares during the period. Nicola Wealth Management LTD. boosted its position in shares of CocaCola by 42.3% in the 3rd quarter. Nicola Wealth Management LTD. now owns 185,000 shares of the company’s stock worth $12,269,000 after purchasing an additional 55,000 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of CocaCola by 1.9% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 10,408,798 shares of the company’s stock valued at $690,311,000 after buying an additional 198,886 shares during the period. Finally, Yeomans Consulting Group Inc. raised its holdings in CocaCola by 88.9% in the 3rd quarter. Yeomans Consulting Group Inc. now owns 69,020 shares of the company’s stock worth $4,609,000 after purchasing an additional 32,478 shares during the period. Institutional investors own 70.26% of the company’s stock.

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.