CocaCola (NYSE:KO) Price Target Raised to $100.00

CocaCola (NYSE:KO) had its target price upped by Citigroup from $97.00 to $100.00 in a research note released on Wednesday morning, MarketBeat.com reports. Citigroup currently has a buy rating on the stock.

A number of other analysts also recently issued reports on KO. Truist Financial set a $88.00 price target on shares of CocaCola in a report on Friday, June 26th. Bank of America increased their price objective on CocaCola from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. The Goldman Sachs Group reissued a “neutral” rating and set a $86.00 target price (up from $82.00) on shares of CocaCola in a research note on Tuesday. Sanford C. Bernstein restated a “market perform” rating and issued a $93.00 target price on shares of CocaCola in a research report on Wednesday. Finally, JPMorgan Chase & Co. increased their price target on CocaCola from $90.00 to $96.00 and gave the stock an “overweight” rating in a report on Wednesday. Fifteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, CocaCola currently has an average rating of “Moderate Buy” and an average target price of $95.76.

CocaCola Stock Performance

NYSE KO opened at $87.67 on Wednesday. CocaCola has a fifty-two week low of $65.35 and a fifty-two week high of $90.92. The firm has a market capitalization of $377.18 billion, a P/E ratio of 26.33, a price-to-earnings-growth ratio of 3.09 and a beta of 0.34. The stock’s fifty day moving average is $82.04 and its two-hundred day moving average is $78.72. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.15 and a current ratio of 1.30.

CocaCola (NYSE:KO) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.93 by $0.04. The business had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, research analysts anticipate that CocaCola will post 3.29 earnings per share for the current year.

CocaCola Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a $0.53 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.4%. CocaCola’s dividend payout ratio is 63.66%.

Insider Transactions at CocaCola

In other CocaCola news, insider Bruno Pietracci sold 75,727 shares of CocaCola stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $89.65, for a total transaction of $6,788,925.55. Following the transaction, the insider owned 35,393 shares of the company’s stock, valued at $3,172,982.45. The trade was a 68.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 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 that occurred on 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 sale, the executive vice president owned 223,330 shares of the company’s stock, valued at approximately $18,074,096.90. This represents a 12.40% 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. Over the last quarter, insiders have sold 1,502,719 shares of company stock worth $126,087,452. 0.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On CocaCola

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Quadcap Wealth Management LLC raised its stake in CocaCola by 23.6% during the 2nd quarter. Quadcap Wealth Management LLC now owns 7,739 shares of the company’s stock valued at $629,000 after acquiring an additional 1,478 shares during the last quarter. BOCHK Asset Management Ltd purchased a new position in shares of CocaCola in the 2nd quarter valued at approximately $5,364,000. Becker Capital Management Inc. grew its position in CocaCola by 12.1% in the 2nd quarter. Becker Capital Management Inc. now owns 5,234 shares of the company’s stock valued at $428,000 after buying an additional 563 shares during the last quarter. Knights of Columbus Asset Advisors LLC grew its position in CocaCola by 156.0% in the 2nd quarter. Knights of Columbus Asset Advisors LLC now owns 162,150 shares of the company’s stock valued at $13,178,000 after buying an additional 98,808 shares during the last quarter. Finally, MGO One Seven LLC increased its stake in CocaCola by 4.2% in the 2nd quarter. MGO One Seven LLC now owns 109,219 shares of the company’s stock valued at $8,876,000 after buying an additional 4,418 shares during the period. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Strong second-quarter results remain the primary catalyst. Coca-Cola reported adjusted earnings of $0.97 per share, above the $0.93 consensus, while revenue increased 6.2% year over year to $13.37 billion, topping the $13.17 billion estimate. Global unit-case volume rose 5%, and management raised its 2026 earnings outlook to $3.27-$3.30 per share. Coca-Cola Q2 2026 Earnings Call Highlights
• Positive Sentiment: Premium beverages could support future revenue growth. Coca-Cola is using innovation, pricing and packaging to expand premium offerings and capture higher-value consumption occasions. Growth in Fairlife, zero-sugar products and favorable product mix also contributed to recent momentum. Can Coca-Cola’s Premium Beverage Strategy Boost Revenues?
• Positive Sentiment: Analyst targets moved higher. Jefferies raised its target to $104, TD Cowen to $100 and Argus to $97 with a Buy rating. Citigroup also forecast meaningful appreciation, helping reinforce the broadly Moderate Buy consensus.
• Neutral Sentiment: The dividend remains an income-supporting feature. Coca-Cola declared a quarterly dividend of $0.53 per share, or $2.12 annualized, representing an approximately 2.4% yield at recent prices. The company’s long dividend-growth record continues to appeal to defensive and income-focused investors. Coca-Cola Raised Its Full-Year Guidance
• Negative Sentiment: Valuation may be limiting near-term upside. With KO trading near its 52-week high at roughly 26 times earnings, HSBC cut the stock to Hold and argued that PepsiCo may offer better value. Coca-Cola Cut to Hold at HSBC
• Negative Sentiment: Insider selling creates a modest sentiment overhang. Chairman James Quincey sold approximately $13.1 million of shares, following a larger sale the prior day. The transactions were conducted under pre-arranged Rule 10b5-1 plans to cover tax withholding, making them less concerning than discretionary sales but still notable.

CocaCola Company Profile

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.