James Quincey Sells 381,140 Shares of CocaCola (NYSE:KO) Stock

CocaCola Company (The) (NYSE:KO) Chairman James Quincey sold 381,140 shares of the stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $90.04, for a total transaction of $34,317,845.60. Following the completion of the transaction, the chairman owned 122,833 shares of the company’s stock, valued at $11,059,883.32. This trade represents a 75.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through 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.

James Quincey also recently made the following trade(s):

• On Wednesday, July 29th, James Quincey sold 145,947 shares of CocaCola stock. The shares were sold at an average price of $90.09, for a total value of $13,148,365.23.
• On Thursday, June 4th, James Quincey sold 8,000 shares of CocaCola stock. The shares were sold at an average price of $80.00, for a total transaction of $640,000.00.
• On Friday, June 5th, James Quincey sold 436,296 shares of CocaCola stock. The shares were sold at an average price of $80.13, for a total transaction of $34,960,398.48.
• On Thursday, May 7th, James Quincey sold 200,000 shares of CocaCola stock. The shares were sold at an average price of $78.90, for a total value of $15,780,000.00.

CocaCola Trading Down 0.9%

Shares of NYSE KO opened at $87.67 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $90.92. The company has a market cap of $377.18 billion, a price-to-earnings ratio of 26.33, a P/E/G ratio of 3.09 and a beta of 0.34. The business has a fifty day simple moving average of $82.04 and a 200-day simple moving average of $78.72.

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

CocaCola Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 15th. CocaCola’s dividend payout ratio (DPR) is currently 63.66%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on KO shares. Barclays upped their price objective on shares of CocaCola from $91.00 to $93.00 and gave the company an “overweight” rating in a research note on Thursday. Morgan Stanley restated an “overweight” rating and set a $100.00 price target (up from $89.00) on shares of CocaCola in a report on Wednesday. Argus upped their price target on shares of CocaCola from $91.00 to $97.00 and gave the stock a “buy” rating in a research note on Thursday. Citigroup increased their price objective on CocaCola from $97.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, UBS Group set a $104.00 price objective on CocaCola and gave the company a “buy” rating in a research report on Wednesday. Fifteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $95.76.

Institutional Trading of CocaCola

Institutional investors have recently added to or reduced their stakes in the business. Quadcap Wealth Management LLC increased its stake in shares of CocaCola by 23.6% during the 2nd quarter. Quadcap Wealth Management LLC now owns 7,739 shares of the company’s stock worth $629,000 after purchasing an additional 1,478 shares during the last quarter. BOCHK Asset Management Ltd bought a new position in shares of CocaCola during the 2nd quarter valued at $5,364,000. Becker Capital Management Inc. lifted its stake in shares of 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 purchasing an additional 563 shares during the last quarter. Knights of Columbus Asset Advisors LLC lifted its stake in shares of 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 purchasing an additional 98,808 shares during the last quarter. Finally, MGO One Seven LLC boosted its holdings in CocaCola by 4.2% in the second quarter. MGO One Seven LLC now owns 109,219 shares of the company’s stock worth $8,876,000 after purchasing an additional 4,418 shares in the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting 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.

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.