CocaCola Company (The) (NYSE:KO) Receives $85.00 Consensus Price Target from Brokerages

Shares of CocaCola Company (The) (NYSE:KO) have been assigned a consensus recommendation of “Buy” from the fifteen analysts that are covering the company, Marketbeat reports. Fifteen analysts have rated the stock with a buy recommendation. The average twelve-month target price among analysts that have covered the stock in the last year is $85.00.

Several research analysts have recently weighed in on the company. Barclays increased their price target on CocaCola from $77.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Weiss Ratings restated a “buy (b-)” rating on shares of CocaCola in a research note on Thursday, January 22nd. Royal Bank Of Canada set a $87.00 target price on CocaCola in a research note on Wednesday, February 11th. Wells Fargo & Company raised their target price on CocaCola from $79.00 to $87.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Finally, Truist Financial set a $85.00 target price on CocaCola in a research note on Wednesday, February 11th.

CocaCola Trading Up 0.5%

Shares of CocaCola stock opened at $76.66 on Wednesday. CocaCola has a 1 year low of $65.35 and a 1 year high of $82.00. The firm has a market cap of $329.95 billion, a PE ratio of 25.22, a P/E/G ratio of 3.22 and a beta of 0.36. The stock has a fifty day moving average price of $77.23 and a 200-day moving average price of $73.21. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.46 and a quick ratio of 1.25.

CocaCola (NYSE:KO) last announced its earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.02. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.The firm had revenue of $11.82 billion during the quarter, compared to analyst estimates of $12.04 billion. During the same period last year, the firm posted $0.55 EPS. 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 anticipate that CocaCola will post 3.23 EPS for the current year.

CocaCola Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th were given a dividend of $0.53 per share. This is a boost from CocaCola’s previous quarterly dividend of $0.51. The ex-dividend date was Friday, March 13th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.8%. CocaCola’s dividend payout ratio is 69.74%.

Insider Activity at CocaCola

In other CocaCola news, CFO John Murphy sold 99,437 shares of CocaCola stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $80.42, for a total value of $7,996,723.54. Following the transaction, the chief financial officer directly owned 410,550 shares of the company’s stock, valued at $33,016,431. The trade was a 19.50% 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 Monica Howard Douglas sold 23,880 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $77.37, for a total value of $1,847,595.60. Following the transaction, the executive vice president directly owned 17,725 shares in the company, valued at $1,371,383.25. This trade represents a 57.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 892,925 shares of company stock worth $70,254,796 in the last quarter. 0.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On CocaCola

Several hedge funds have recently added to or reduced their stakes in KO. Louisbourg Investments Inc. purchased a new stake in CocaCola during the first quarter valued at $25,000. Anfield Capital Management LLC increased its position in CocaCola by 438.8% during the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after acquiring an additional 294 shares during the last quarter. Headlands Technologies LLC purchased a new stake in CocaCola during the second quarter valued at $26,000. Evolution Wealth Management Inc. increased its position in CocaCola by 1,081.8% during the fourth quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock valued at $27,000 after acquiring an additional 357 shares during the last quarter. Finally, Marquette Asset Management LLC purchased a new stake in CocaCola during the third quarter valued at $27,000. 70.26% of the stock is owned by institutional investors.

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.