Coca-Cola (NYSE:KO) Shares Down 1.1% – Here’s Why

Coca-Cola Company (The) (NYSE:KO) was down 1.1% during trading on Tuesday. The stock traded as low as $94.18 and last traded at $94.7470. 15,996,279 shares changed hands during trading, a decline of 5% from the average daily volume of 16,906,867 shares. The stock had previously closed at $95.83.

Coca-Cola News Roundup

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

• Positive Sentiment: Coca-Cola has increased its dividend for 64 consecutive years. Berkshire Hathaway is expected to collect about $848 million in KO dividends in 2026, underscoring the stock’s appeal to income-focused investors. Read More.
• Positive Sentiment: Recent commentary says Coca-Cola is passing higher costs on to consumers, highlighting pricing power amid inflation. The supplied earnings data also showed revenue growth and an EPS beat, though those results are not new today. Read More.
• Neutral Sentiment: A comparison with Monster Beverage shows Coca-Cola’s revenue base is larger, with both companies generally trending upward over the periods reviewed. This is useful context, but not a new company-specific catalyst. Read More.
• Negative Sentiment: A report says the consensus price target for Coca-Cola was reduced by 11.9%. Separately, an opinion piece characterizes KO as a defensive “shelter” rather than a growth stock. With shares near their 12-month high and a P/E around 28, valuation and more limited growth expectations may temper enthusiasm. Read More. · Read More.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on KO. Argus increased their target price on Coca-Cola from $91.00 to $97.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Daiwa Securities Group boosted their price target on shares of Coca-Cola from $83.00 to $93.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. TD Cowen upped their price objective on shares of Coca-Cola from $100.00 to $104.00 and gave the stock a “buy” rating in a report on Wednesday, October 28th. Seaport Research Partners set a $95.00 price objective on shares of Coca-Cola in a research note on Friday, August 14th. Finally, BNP Paribas Exane raised their price objective on shares of Coca-Cola from $90.00 to $98.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Coca-Cola currently has an average rating of “Moderate Buy” and an average price target of $97.26.

Coca-Cola Trading Down 1.1%

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 firm has a 50 day moving average price of $89.57 and a 200 day moving average price of $82.20. The stock has a market capitalization of $407.59 billion, a PE ratio of 27.87, a P/E/G ratio of 3.52 and a beta of 0.32.

Coca-Cola (NYSE:KO) last announced its earnings results on Tuesday, October 27th. The company reported $0.91 earnings per share (EPS) for the quarter, beating 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 analysts’ expectations of $12.92 billion. During the same quarter in the previous year, the firm earned $0.82 earnings per share. Coca-Cola’s quarterly revenue was up 7.2% on a year-over-year basis. Equities analysts expect that Coca-Cola Company will post 3.34 EPS for the current fiscal year.

Coca-Cola Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, December 1st. Coca-Cola’s payout ratio is currently 62.35%.

Insider Transactions at Coca-Cola

In related news, EVP Nancy Quan sold 50,000 shares of the business’s stock in a transaction dated 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 directly owned 223,330 shares in the company, valued at approximately $20,186,798.70. The trade was a 18.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Bruno Pietracci sold 111,365 shares of the business’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $90.93, for a total transaction of $10,126,419.45. Following the transaction, the insider owned 41,365 shares in the company, valued at approximately $3,761,319.45. This trade represents a 72.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 171,323 shares of company stock worth $15,507,286 in the last quarter. 0.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Coca-Cola

Several hedge funds have recently modified their holdings of the company. Bank of America Corp DE increased its stake in shares of Coca-Cola by 9.5% in the first quarter. Bank of America Corp DE now owns 44,018,963 shares of the company’s stock worth $3,347,642,000 after purchasing an additional 3,836,640 shares in the last quarter. OMERS ADMINISTRATION Corp boosted its stake in shares of Coca-Cola by 1,763.2% in the first quarter. OMERS ADMINISTRATION Corp now owns 3,383,332 shares of the company’s stock worth $257,302,000 after acquiring an additional 3,201,742 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Coca-Cola in the third quarter worth about $260,682,000. Wellington Management Group LLP boosted its stake in shares of Coca-Cola by 9.2% in the second quarter. Wellington Management Group LLP now owns 29,053,752 shares of the company’s stock worth $2,361,198,000 after acquiring an additional 2,439,026 shares during the period. Finally, Alecta Tjanstepension Omsesidigt purchased a new stake in shares of Coca-Cola during the second quarter worth about $197,470,000. Institutional investors own 70.26% of the company’s stock.

Coca-Cola Company Profile

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.