UBS Group Issues Positive Forecast for CocaCola (NYSE:KO) Stock Price

CocaCola (NYSE:KO) had its price objective upped by equities researchers at UBS Group from $87.00 to $90.00 in a report released on Tuesday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s price target would suggest a potential upside of 18.16% from the company’s previous close.

KO has been the topic of several other reports. Morgan Stanley set a $88.00 price target on shares of CocaCola in a report on Wednesday, March 11th. Wells Fargo & Company lifted their price objective on shares of CocaCola from $79.00 to $87.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Truist Financial set a $85.00 price objective on shares of CocaCola in a report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft lifted their price objective 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, JPMorgan Chase & Co. lifted their price objective on shares of CocaCola from $79.00 to $83.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating and fifteen have given a Buy rating to the company. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $85.00.

CocaCola Stock Performance

CocaCola stock traded down $1.05 during trading on Tuesday, reaching $76.17. The company had a trading volume of 3,678,205 shares, compared to its average volume of 18,058,500. CocaCola has a 52 week low of $65.35 and a 52 week high of $82.00. The firm’s 50-day simple moving average is $77.39 and its 200 day simple moving average is $72.34. The firm has a market capitalization of $327.83 billion, a price-to-earnings ratio of 25.05, a price-to-earnings-growth ratio of 3.24 and a beta of 0.36. The company has a current ratio of 1.46, a quick ratio of 1.25 and a debt-to-equity ratio of 1.23.

CocaCola (NYSE:KO) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. The business had revenue of $11.82 billion during the quarter, compared to analyst estimates of $12.04 billion. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.CocaCola’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.55 EPS. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. Sell-side analysts forecast that CocaCola will post 2.96 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO John Murphy sold 99,437 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $80.42, for a total transaction of $7,996,723.54. Following the completion of the transaction, the chief financial officer owned 410,550 shares of the company’s stock, valued at approximately $33,016,431. This trade represents a 19.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Nancy Quan sold 23,556 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.50, for a total transaction of $1,872,702.00. Following the transaction, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $17,754,735. The trade was a 9.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 892,925 shares of company stock worth $70,254,796 in the last three months. 0.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On CocaCola

Hedge funds have recently made changes to their positions in the stock. Vestia Personal Wealth Advisors boosted its position in CocaCola by 3.8% in the 4th quarter. Vestia Personal Wealth Advisors now owns 3,819 shares of the company’s stock valued at $275,000 after buying an additional 140 shares during the period. Alteri Wealth LLC raised its holdings in shares of CocaCola by 1.9% in the 4th quarter. Alteri Wealth LLC now owns 7,738 shares of the company’s stock valued at $541,000 after purchasing an additional 141 shares in the last quarter. Apexium Financial LP raised its stake in CocaCola by 1.2% during the 3rd quarter. Apexium Financial LP now owns 12,154 shares of the company’s stock worth $810,000 after acquiring an additional 142 shares in the last quarter. Lbmc Investment Advisors LLC raised its stake in CocaCola by 0.4% during the 4th quarter. Lbmc Investment Advisors LLC now owns 38,886 shares of the company’s stock worth $2,718,000 after acquiring an additional 143 shares in the last quarter. Finally, Stockman Wealth Management Inc. raised its stake in CocaCola by 1.7% during the 4th quarter. Stockman Wealth Management Inc. now owns 8,901 shares of the company’s stock worth $622,000 after acquiring an additional 147 shares in the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

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.