CocaCola (NYSE:KO) Chairman James Quincey Sells 8,000 Shares of Stock

CocaCola Company (The) (NYSE:KO) Chairman James Quincey sold 8,000 shares of CocaCola stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $80.00, for a total value of $640,000.00. Following the sale, the chairman directly owned 122,833 shares of the company’s stock, valued at $9,826,640. This trade represents a 6.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 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 Up 0.1%

Shares of NYSE KO opened at $79.53 on Tuesday. The company has a market capitalization of $342.18 billion, a price-to-earnings ratio of 25.01, a price-to-earnings-growth ratio of 3.18 and a beta of 0.35. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. The business has a 50-day moving average of $78.19 and a two-hundred day moving average of $75.41. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $82.66.

CocaCola (NYSE:KO) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The company had revenue of $12.47 billion during the quarter, compared to the consensus estimate of $12.24 billion. During the same period in the previous year, the business earned $0.73 EPS. CocaCola’s revenue for the quarter was up 11.4% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, analysts forecast that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a dividend of $0.53 per share. The ex-dividend date is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.7%. CocaCola’s payout ratio is 66.67%.

Wall Street Analysts Forecast Growth

KO has been the topic of a number of research analyst reports. Barclays lifted their target price on CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. TD Cowen lifted their target price on CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Morgan Stanley set a $88.00 target price on CocaCola in a research report on Wednesday, March 11th. Evercore reiterated an “outperform” rating and set a $85.00 target price on shares of CocaCola in a research report on Wednesday, February 11th. Finally, Citigroup boosted their price target on CocaCola from $90.00 to $91.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Fifteen equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $86.80.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Multiple articles highlighted Coca-Cola’s status as a Dividend King, noting its 64 consecutive years of dividend increases and its reputation as a reliable long-term income stock. Here’s How Many Shares of Coca-Cola You’d Need for $10,000 in Yearly Dividends
• Positive Sentiment: Coca-Cola’s inflation strategy was described favorably, with selective price increases and smaller affordable packs helping drive 10% organic revenue growth and 3% volume growth in Q1 2026. Coca-Cola’s Inflation Balancing Act: Price Increases vs. Volume
• Positive Sentiment: News that Coca-Cola is launching BodyArmor Fit supports its push into the “better-for-you” category, which could broaden growth beyond its core soda business. Coca-Cola launches BodyArmor Fit as it branches out in the ‘better-for-you’ category
• Positive Sentiment: Coverage also pointed to Coca-Cola’s India bottler IPO plans and refranchising strategy as a potential way to unlock value and improve capital allocation in a key emerging market. How Coca-Cola’s India Bottler IPO Plans and World Cup Push Could Impact Coca-Cola (KO) Investors
• Neutral Sentiment: Chairman James Quincey disclosed stock sales, but the transactions were made under a pre-arranged 10b5-1 plan and were tied to tax withholding on equity awards, which makes the news less concerning than a discretionary insider exit.

Hedge Funds Weigh In On CocaCola

Several institutional investors and hedge funds have recently added to or reduced their stakes in KO. Vanguard Group Inc. boosted its stake in shares of CocaCola by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company’s stock worth $26,200,276,000 after acquiring an additional 5,886,352 shares in the last quarter. State Street Corp boosted its stake in shares of CocaCola by 1.2% during the 4th quarter. State Street Corp now owns 167,850,330 shares of the company’s stock worth $11,734,417,000 after acquiring an additional 1,992,327 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of CocaCola by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company’s stock worth $6,273,037,000 after acquiring an additional 433,547 shares in the last quarter. Norges Bank purchased a new stake in shares of CocaCola during the 4th quarter worth approximately $3,865,807,000. Finally, Bank of America Corp DE boosted its stake in shares of CocaCola by 9.5% during the 1st quarter. Bank of America Corp DE now owns 44,018,963 shares of the company’s stock worth $3,347,642,000 after acquiring an additional 3,836,640 shares in the last quarter. Institutional investors and hedge funds 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.