Bruno Pietracci Sells 75,727 Shares of CocaCola (NYSE:KO) Stock

CocaCola Company (The) (NYSE:KO) insider Bruno Pietracci sold 75,727 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $89.65, for a total transaction of $6,788,925.55. Following the sale, the insider directly owned 35,393 shares of the company’s stock, valued at $3,172,982.45. The trade was a 68.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 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.

CocaCola Price Performance

KO traded up $1.53 on Wednesday, reaching $89.80. 10,214,971 shares of the company’s stock were exchanged, compared to its average volume of 17,399,564. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $90.92. The stock has a market cap of $386.35 billion, a PE ratio of 28.22, a P/E/G ratio of 3.41 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 stock’s fifty day moving average price is $81.62 and its 200-day moving average price is $78.39.

CocaCola (NYSE:KO) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The company had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $13.17 billion. During the same quarter in the prior year, the firm earned $0.87 EPS. CocaCola’s quarterly revenue was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Sell-side analysts expect that CocaCola Company will post 3.26 EPS for the current year.

CocaCola Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a dividend of $0.53 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.4%. CocaCola’s dividend payout ratio (DPR) is presently 66.67%.

Analyst Ratings Changes

Several research analysts have recently commented on the company. The Goldman Sachs Group reiterated a “neutral” rating and set a $86.00 price target (up from $82.00) on shares of CocaCola in a report on Tuesday. Piper Sandler reissued an “overweight” rating and issued a $95.00 price objective (up from $88.00) on shares of CocaCola in a report on Wednesday. Royal Bank Of Canada raised their price objective on shares of CocaCola from $87.00 to $96.00 and gave the stock an “outperform” rating in a research report on Wednesday. Citigroup lifted their target price on shares of CocaCola from $97.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, HSBC lowered shares of CocaCola from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Fourteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $95.56.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Q2 earnings and revenue beat expectations. Coca-Cola reported adjusted earnings of $0.97 per share versus the $0.93 consensus, while revenue reached approximately $13.37 billion, ahead of expectations near $13.17 billion. Revenue rose about 6% year over year, and EPS increased from $0.87 a year earlier. Coca-Cola earnings report
• Positive Sentiment: Broad-based demand improved. Global unit case volume grew 5%, reportedly the company’s strongest quarterly volume growth in 17 years, helped by FIFA World Cup-related demand, zero-sugar beverages, fairlife and market-share gains. Higher pricing, product mix and concentrate sales also supported profit growth. Reuters Coca-Cola outlook article
• Positive Sentiment: Management raised 2026 guidance. Coca-Cola now expects approximately 5% organic revenue growth and comparable EPS growth of 9% to 10%, up from previous ranges of 4%-5% and 8%-9%, respectively. Full-year EPS guidance is $3.27-$3.30. Coca-Cola second-quarter results
• Positive Sentiment: Analysts raised targets. TD Cowen and Citigroup lifted their targets to $100, Jefferies raised its target to $104, and JPMorgan increased its target to $96. The firms maintained bullish ratings ranging from Buy to Overweight.
• Neutral Sentiment: Fairlife production is recovering after a cyberattack. Coca-Cola said most production has resumed, reducing the risk of a prolonged operational disruption, though the incident remains a near-term consideration. Fairlife production recovery
• Negative Sentiment: Valuation and a downgrade temper the bullish case. With KO trading at roughly 28 times earnings after a substantial 2026 gain, some investors see limited additional upside. HSBC downgraded the stock from Strong Buy to Hold, while commentary suggested PepsiCo may offer better value.

Hedge Funds Weigh In On CocaCola

Large investors have recently modified their holdings of the business. Eurizon SLJ Capital Ltd purchased a new stake in shares of CocaCola in the 4th quarter valued at approximately $552,000. Farther Finance Advisors LLC boosted its position in shares of CocaCola by 38.1% during the 4th quarter. Farther Finance Advisors LLC now owns 111,598 shares of the company’s stock worth $7,802,000 after purchasing an additional 30,786 shares during the period. Greenberg Financial Group purchased a new position in shares of CocaCola during the 4th quarter worth approximately $507,000. King Luther Capital Management Corp increased its holdings in CocaCola by 0.8% in the 4th quarter. King Luther Capital Management Corp now owns 3,852,525 shares of the company’s stock valued at $269,330,000 after purchasing an additional 31,694 shares during the last quarter. Finally, Retirement Guys Formula LLC raised its position in CocaCola by 40.5% in the fourth quarter. Retirement Guys Formula LLC now owns 49,056 shares of the company’s stock valued at $3,429,000 after purchasing an additional 14,130 shares during the period. Institutional investors and hedge funds own 70.26% of the company’s stock.

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.