Insider Selling: CocaCola (NYSE:KO) EVP Sells $1,847,595.60 in Stock

CocaCola Company (The) (NYSE:KO) EVP Monica Howard Douglas sold 23,880 shares of the stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $77.37, for a total transaction of $1,847,595.60. Following the sale, the executive vice president owned 17,725 shares of the company’s stock, valued at approximately $1,371,383.25. This represents a 57.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Monica Howard Douglas also recently made the following trade(s):

• On Wednesday, February 25th, Monica Howard Douglas sold 20,000 shares of CocaCola stock. The shares were sold at an average price of $80.16, for a total value of $1,603,200.00.

CocaCola Trading Down 0.1%

KO opened at $77.56 on Friday. CocaCola Company has a one year low of $65.35 and a one year high of $82.00. 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 business has a 50 day simple moving average of $75.47 and a two-hundred day simple moving average of $71.31. The firm has a market capitalization of $333.55 billion, a price-to-earnings ratio of 25.51, a PEG ratio of 3.25 and a beta of 0.35.

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

CocaCola Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 13th will be issued a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.7%. This is an increase from CocaCola’s previous quarterly dividend of $0.51. The ex-dividend date is Friday, March 13th. CocaCola’s dividend payout ratio (DPR) is presently 67.11%.

Institutional Trading of CocaCola

Institutional investors and hedge funds have recently bought and sold shares of the company. Brighton Jones LLC increased its position in shares of CocaCola by 13.3% during the fourth quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock valued at $2,433,000 after acquiring an additional 4,591 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in CocaCola by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock valued at $548,000 after acquiring an additional 293 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in CocaCola during the 1st quarter valued at $210,000. United Bank boosted its stake in CocaCola by 9.5% during the 2nd quarter. United Bank now owns 91,201 shares of the company’s stock valued at $6,452,000 after purchasing an additional 7,903 shares during the last quarter. Finally, Fox Run Management L.L.C. bought a new stake in shares of CocaCola in the 2nd quarter worth $214,000. 70.26% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on KO. Morgan Stanley set a $88.00 target price on shares of CocaCola in a research report on Wednesday. Truist Financial set a $85.00 price target on shares of CocaCola in a research report on Wednesday, February 11th. Barclays raised their price objective on shares of CocaCola from $77.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CocaCola in a research report on Thursday, January 22nd. Finally, TD Cowen reiterated a “buy” rating on shares of CocaCola in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $84.40.

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.