CocaCola (NYSE:KO) Trading Down 1.4% - Here's Why

Key Points

• Coca‑Cola traded down 1.4% to $76.41 on Monday with volume of 12.66 million shares, about 29% below its average session volume.
• Analysts remain bullish: the consensus rating is "Buy" with an average price target of $85, and several firms recently raised targets into the $83–$87 range.
• Mixed fundamentals and shareholder moves: quarterly EPS beat at $0.58 versus $0.56 but revenue missed ($11.82B vs. $12.04B), management set FY2026 EPS guidance of 3.210–3.240, the quarterly dividend was raised to $0.53 (2.8% yield), and insiders including the CEO sold sizable stakes in March.

CocaCola Company (The) (NYSE:KO - Get Free Report)'s stock price traded down 1.4% during trading on Monday . The company traded as low as $75.82 and last traded at $76.4110. 12,661,974 shares were traded during trading, a decline of 29% from the average session volume of 17,879,762 shares. The stock had previously closed at $77.47.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. lifted their price target on shares of CocaCola from $79.00 to $83.00 and gave the stock an "overweight" rating in a report on Wednesday, February 11th. Evercore reiterated an "outperform" rating and set a $85.00 price target on shares of CocaCola in a report on Wednesday, February 11th. Royal Bank Of Canada set a $87.00 price target on shares of CocaCola in a report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of CocaCola from $83.00 to $86.00 and gave the company a "buy" rating in a report on Monday, March 30th. Finally, Barclays boosted their target price on shares of CocaCola from $77.00 to $83.00 and gave the company an "overweight" rating in a report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating and fifteen have given a Buy rating to the company. According to data from MarketBeat, CocaCola has an average rating of "Buy" and an average target price of $85.00.

CocaCola Trading Down 1.4%

The company has a debt-to-equity ratio of 1.23, a current ratio of 1.46 and a quick ratio of 1.25. The stock has a market capitalization of $328.88 billion, a PE ratio of 25.14, a PEG ratio of 3.27 and a beta of 0.36. The stock's 50 day simple moving average is $77.67 and its two-hundred day simple moving average is $72.64.

CocaCola (NYSE:KO - Get Free Report) last released its earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.56 by $0.02. The firm had revenue of $11.82 billion for the quarter, compared to analysts' expectations of $12.04 billion. CocaCola had a net margin of 27.34% and a return on equity of 41.31%. The company's quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.55 earnings per share. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. On average, sell-side analysts expect that CocaCola Company will post 2.96 EPS for the current year.

CocaCola Increases Dividend

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

Insider Activity at CocaCola

In other CocaCola news, EVP Nancy Quan sold 23,556 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.50, for a total value of $1,872,702.00. Following the sale, the executive vice president directly owned 223,330 shares in the company, valued at $17,754,735. This represents a 9.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO James Quincey sold 250,688 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.14, for a total transaction of $19,839,448.32. Following the completion of the sale, the chief executive officer owned 278,155 shares in the company, valued at $22,013,186.70. This represents a 47.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 892,925 shares of company stock worth $70,254,796 in the last ninety days. Insiders own 0.90% of the company's stock.

Institutional Trading of CocaCola

Several institutional investors and hedge funds have recently bought and sold shares of KO. Dynamic Technology Lab Private Ltd grew its holdings in CocaCola by 82.3% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 49,700 shares of the company's stock worth $3,296,000 after acquiring an additional 22,444 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of CocaCola by 2.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,051,957 shares of the company's stock valued at $136,086,000 after purchasing an additional 57,407 shares in the last quarter. Nicola Wealth Management LTD. boosted its stake in shares of CocaCola by 42.3% during the 3rd quarter. Nicola Wealth Management LTD. now owns 185,000 shares of the company's stock valued at $12,269,000 after purchasing an additional 55,000 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of CocaCola by 1.9% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 10,408,798 shares of the company's stock valued at $690,311,000 after purchasing an additional 198,886 shares in the last quarter. Finally, Yeomans Consulting Group Inc. boosted its stake in shares of CocaCola by 88.9% during the 3rd quarter. Yeomans Consulting Group Inc. now owns 69,020 shares of the company's stock valued at $4,609,000 after purchasing an additional 32,478 shares in the last quarter. 70.26% of the stock is currently owned by hedge funds and other 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.

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