Nancy Quan Sells 50,000 Shares of CocaCola (NYSE:KO) Stock

CocaCola Company (The) (NYSE:KO) EVP Nancy Quan sold 50,000 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total value of $4,519,500.00. Following the completion of the transaction, the executive vice president directly owned 223,330 shares of the company’s stock, valued at approximately $20,186,798.70. The trade was a 18.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

CocaCola Price Performance

Shares of KO stock opened at $90.91 on Friday. The stock’s fifty day simple moving average is $84.27 and its 200 day simple moving average is $80.37. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 1.12. The firm has a market cap of $391.14 billion, a price-to-earnings ratio of 27.30, a P/E/G ratio of 3.18 and a beta of 0.33. CocaCola Company has a one year low of $65.35 and a one year high of $91.86.

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

CocaCola Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 annualized dividend and a dividend yield of 2.3%. CocaCola’s dividend payout ratio is presently 63.66%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on KO shares. Sanford C. Bernstein reissued a “market perform” rating and set a $93.00 price target on shares of CocaCola in a report on Wednesday, July 29th. UBS Group set a $104.00 target price on CocaCola and gave the stock a “buy” rating in a report on Wednesday, July 29th. Royal Bank Of Canada increased their price target on CocaCola from $87.00 to $96.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Seaport Research Partners set a $95.00 price target on CocaCola in a report on Friday, August 14th. Finally, HSBC cut CocaCola from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. Fifteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $95.76.

Hedge Funds Weigh In On CocaCola

Institutional investors have recently modified their holdings of the stock. Lantern Wealth Advisors LLC lifted its holdings in CocaCola by 3.6% during the 2nd quarter. Lantern Wealth Advisors LLC now owns 3,316 shares of the company’s stock worth $270,000 after buying an additional 115 shares in the last quarter. Gill Capital Partners LLC boosted its position in CocaCola by 4.1% in the 2nd quarter. Gill Capital Partners LLC now owns 2,992 shares of the company’s stock valued at $243,000 after buying an additional 117 shares during the last quarter. Paragon Private Wealth Management LLC boosted its position in CocaCola by 1.4% in the 2nd quarter. Paragon Private Wealth Management LLC now owns 8,726 shares of the company’s stock valued at $709,000 after buying an additional 123 shares during the last quarter. Everpar Advisors LLC increased its stake in shares of CocaCola by 0.9% in the 2nd quarter. Everpar Advisors LLC now owns 14,504 shares of the company’s stock valued at $1,179,000 after buying an additional 125 shares during the period. Finally, Geneos Wealth Management Inc. increased its stake in shares of CocaCola by 0.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 40,879 shares of the company’s stock valued at $3,109,000 after buying an additional 129 shares during the period. 70.26% of the stock is owned by institutional investors.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analyst coverage remains generally supportive, with brokers highlighting Coca-Cola as an investment candidate. Recent quarterly results also exceeded expectations, with earnings and revenue above consensus and revenue growth of 6.2% year over year. Brokers Suggest Investing in Coca-Cola
• Positive Sentiment: Investors have been seeking established, lower-volatility companies, helping Coca-Cola reach an all-time high and break above $90 for the first time. Its strong brand portfolio and defensive characteristics may be attractive amid market uncertainty. Coca-Cola Hits All-Time High
• Positive Sentiment: Coca-Cola’s long dividend record continues to support its appeal to income-focused investors. Berkshire Hathaway reportedly receives approximately $848 million annually from its Coca-Cola holdings, underscoring the scale and consistency of the payout. Dividend King Pays Berkshire
• Neutral Sentiment: Coverage is also examining Coca-Cola’s cash flow and dividend sustainability as interest rates and bond yields rise. Higher yields could increase the relative appeal of fixed-income investments, although Coca-Cola’s recurring cash generation remains central to its income-investor case. Coca-Cola Cash Flow as Yields Rise
• Negative Sentiment: Executive Vice President Nancy Quan sold 50,000 shares worth about $4.5 million. The filing states the sale covered tax withholding tied to vested equity awards, reducing its negative signaling value, though it may create modest near-term selling pressure.

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.