CocaCola (NYSE:KO) Reaches New 12-Month High – Time to Buy?

CocaCola Company (The) (NYSE:KO)’s stock price reached a new 52-week high on Thursday . The company traded as high as $84.14 and last traded at $83.93, with a volume of 17926160 shares changing hands. The stock had previously closed at $81.29.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: 24/7 Wall St. says Coca-Cola’s fourth straight earnings beat, strong momentum, and defensive positioning could support a move toward a new high, with an implied upside target of $91.13. Price Prediction: Coca-Cola’s Fourth Consecutive Earnings Beat Sets Up a Run Toward a New High
• Positive Sentiment: Zacks noted KO hit a 52-week high as resilient demand, market share gains, and strong execution continue to fuel momentum. Coca-Cola Stock Hits 52-Week High: Time to Buy or Wait for Now?
• Positive Sentiment: Several outlets pointed to Coca-Cola as a favored blue-chip and dividend stock, reinforcing investor interest in its earnings strength and income profile. Dow Records Best 1H Performance Since 2021: 5 Top Picks for 2H 2026
• Neutral Sentiment: Some coverage focused on whether analysts’ bullish ratings and dividend appeal make KO a good long-term holding, but these pieces did not add fresh company-specific catalysts. Coca-Cola (KO) Is Considered a Good Investment by Brokers: Is That True?
• Neutral Sentiment: Articles about dividend investing and whether to buy before earnings mainly reiterated Coca-Cola’s steady growth and income characteristics rather than introducing new news. Should Dividend Stock Investors Buy Coca-Cola Stock Before Earnings?

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. TD Cowen boosted their price objective on shares of CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Sanford C. Bernstein started coverage on shares of CocaCola in a research note on Thursday, June 11th. They issued a “market perform” rating and a $84.00 target price for the company. Morgan Stanley set a $89.00 price target on shares of CocaCola in a report on Wednesday, June 10th. Barclays upped their price target on CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a report on Monday, March 30th. Fifteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, CocaCola has a consensus rating of “Moderate Buy” and a consensus target price of $86.88.

CocaCola Trading Down 0.2%

The stock has a market cap of $361.11 billion, a price-to-earnings ratio of 26.39, a P/E/G ratio of 3.36 and a beta of 0.34. 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 company’s fifty day moving average price is $80.18 and its 200-day moving average price is $76.72.

CocaCola (NYSE:KO) last released its earnings results on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The company had revenue of $12.47 billion during the quarter, compared to analysts’ expectations of $12.24 billion. During the same period last 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, research analysts expect that CocaCola Company will post 3.26 EPS for the current fiscal year.

CocaCola Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th were issued a dividend of $0.53 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.5%. CocaCola’s payout ratio is 66.67%.

Insider Activity

In related news, Chairman James Quincey sold 436,296 shares of the company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $80.13, for a total value of $34,960,398.48. Following the transaction, the chairman directly owned 122,833 shares of the company’s stock, valued at $9,842,608.29. This represents a 78.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 Jennifer K. Mann sold 23,984 shares of the firm’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $83.41, for a total value of $2,000,505.44. Following the completion of the transaction, the executive vice president owned 157,400 shares of the company’s stock, valued at $13,128,734. This trade represents a 13.22% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 899,905 shares of company stock valued at $71,832,315 over the last ninety days. 0.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On CocaCola

A number of institutional investors have recently bought and sold shares of the business. Versant Capital Management Inc raised its holdings in shares of CocaCola by 6.1% during the second quarter. Versant Capital Management Inc now owns 16,522 shares of the company’s stock worth $1,343,000 after purchasing an additional 950 shares during the last quarter. Hilltop National Bank boosted its holdings in CocaCola by 12.2% in the second quarter. Hilltop National Bank now owns 7,277 shares of the company’s stock valued at $591,000 after purchasing an additional 792 shares during the last quarter. Hamilton Wealth LLC boosted its holdings in CocaCola by 7.0% in the first quarter. Hamilton Wealth LLC now owns 3,092 shares of the company’s stock valued at $235,000 after purchasing an additional 201 shares during the last quarter. FAS Wealth Partners Inc. grew its position in CocaCola by 3.7% during the 1st quarter. FAS Wealth Partners Inc. now owns 19,061 shares of the company’s stock worth $1,450,000 after purchasing an additional 677 shares during the period. Finally, Rathbones Group PLC grew its position in CocaCola by 1.5% during the 1st quarter. Rathbones Group PLC now owns 6,012,230 shares of the company’s stock worth $457,230,000 after purchasing an additional 86,475 shares during the period. 70.26% of the stock is owned by hedge funds and other institutional investors.

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.