Coca-Cola (NYSE:KO) Price Target Raised to $103.00

Coca-Cola (NYSE:KO) had its price objective upped by Citigroup from $102.00 to $103.00 in a research note published on Wednesday,Benzinga reports. They currently have a buy rating on the stock.

Several other equities analysts have also issued reports on the company. Daiwa Securities Group lifted their price target on Coca-Cola from $83.00 to $93.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Evercore restated an “outperform” rating and set a $100.00 price objective (up from $88.00) on shares of Coca-Cola in a research note on Tuesday, July 28th. Jefferies Financial Group raised their price objective on shares of Coca-Cola from $95.00 to $104.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. UBS Group upped their target price on shares of Coca-Cola from $104.00 to $106.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Seaport Research Partners set a $95.00 price target on shares of Coca-Cola in a report on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $97.26.

Coca-Cola Stock Performance

Shares of KO opened at $94.11 on Wednesday. The company has a quick ratio of 1.12, a current ratio of 1.38 and a debt-to-equity ratio of 0.93. The business’s 50 day moving average price is $89.47 and its 200-day moving average price is $82.07. Coca-Cola has a 52 week low of $67.27 and a 52 week high of $95.37. The stock has a market cap of $404.91 billion, a P/E ratio of 27.68, a P/E/G ratio of 3.62 and a beta of 0.32.

Coca-Cola (NYSE:KO) last posted its quarterly earnings results on Tuesday, October 27th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.03. Coca-Cola had a return on equity of 38.79% and a net margin of 28.65%. The company had revenue of $13.35 billion for the quarter, compared to the consensus estimate of $12.92 billion. During the same quarter in the prior year, the business posted $0.82 EPS. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. Equities research analysts anticipate that Coca-Cola will post 3.34 earnings per share for the current fiscal year.

Coca-Cola Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be paid a $0.53 dividend. The ex-dividend date is Tuesday, December 1st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.3%. Coca-Cola’s payout ratio is currently 62.35%.

Insider Activity

In related news, EVP Nancy Quan sold 50,000 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the transaction, the executive vice president owned 223,330 shares in the company, valued at $20,186,798.70. This represents a 18.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Sanket Ray sold 9,958 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $86.50, for a total transaction of $861,367.00. Following the completion of the sale, the insider owned 62,105 shares in the company, valued at $5,372,082.50. This represents a 13.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 171,323 shares of company stock valued at $15,507,286 over the last three months. Insiders own 0.90% of the company’s stock.

Hedge Funds Weigh In On Coca-Cola

Institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE raised its stake in Coca-Cola by 4.4% during the 2nd quarter. Bank of America Corp DE now owns 45,958,636 shares of the company’s stock valued at $3,735,058,000 after purchasing an additional 1,939,673 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Coca-Cola by 0.4% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,354,414 shares of the company’s stock worth $2,954,523,000 after purchasing an additional 162,097 shares during the last quarter. Wellington Management Group LLP grew its position in Coca-Cola by 9.2% in the 2nd quarter. Wellington Management Group LLP now owns 29,053,752 shares of the company’s stock worth $2,361,198,000 after purchasing an additional 2,439,026 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Coca-Cola by 1.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 18,822,295 shares of the company’s stock worth $1,431,495,000 after purchasing an additional 235,785 shares during the last quarter. Finally, Fayez Sarofim & Co increased its holdings in shares of Coca-Cola by 0.7% during the 2nd quarter. Fayez Sarofim & Co now owns 15,272,831 shares of the company’s stock worth $1,241,223,000 after purchasing an additional 113,599 shares during the period. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

Coca-Cola News Roundup

Here are the key news stories impacting Coca-Cola this week:

• Positive Sentiment: Better-than-expected earnings and higher guidance: Coca-Cola’s third-quarter results exceeded Wall Street expectations, supported by 5% unit case-volume growth, consumer recruitment, affordability initiatives, and disciplined execution. Management now expects comparable EPS to increase at least 11% in 2026. Coca-Cola’s Q3 earnings call: our top 5 analyst questions
• Positive Sentiment: Analyst optimism is reinforcing the rally: TD Cowen, JPMorgan, Citigroup, and Freedom Broker all recently raised their Coca-Cola price targets or indicated potential appreciation. Jim Cramer also recommended buying KO after the earnings beat. Coca-Cola stock gets price target boost from JPMorgan Chase
• Positive Sentiment: Defensive dividend appeal: Coca-Cola continues to be highlighted as a dependable “Dividend King,” with a long record of annual payout increases and strong brand durability—features attracting income investors amid broader market uncertainty. No Tricks, Just Treats: 3 Dividend Stocks With Payouts You Can Trust
• Positive Sentiment: Long-term emerging-market opportunity: Coca-Cola’s distribution network and local brands provide room for growth in developing markets, where a large share of beverage purchases remains untapped. The company is also considering a 2027 IPO for its Indian bottling arm, potentially creating capital and valuation benefits. Too Late to Buy Coca-Cola? 1 Reason It Isn’t.

About Coca-Cola

The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Founded in 1886, it is best known for Coca-Cola, one of the world’s most recognized soft drink brands.

The company owns, licenses, and markets a broad portfolio of beverages, including sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and energy drinks. Its brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, smartwater, Powerade, Minute Maid, Simply, fairlife, and Costa Coffee, among others.

The Coca-Cola Company serves consumers in more than 200 countries and territories through a system that includes company-operated operations, independent bottling partners, distributors, retailers, and food-service providers.