CocaCola (NYSE:KO) EVP Nancy Quan Sells 31,625 Shares

CocaCola Company (The) (NYSE:KOGet Free Report) EVP Nancy Quan sold 31,625 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $80.93, for a total value of $2,559,411.25. Following the transaction, the executive vice president owned 223,330 shares of the company’s stock, valued at approximately $18,074,096.90. This trade represents a 12.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Nancy Quan also recently made the following trade(s):

  • On Tuesday, March 3rd, Nancy Quan sold 23,556 shares of CocaCola stock. The shares were sold at an average price of $79.50, for a total value of $1,872,702.00.

CocaCola Stock Performance

CocaCola stock opened at $81.90 on Wednesday. The stock has a market cap of $352.36 billion, a P/E ratio of 25.75, a price-to-earnings-growth ratio of 3.24 and a beta of 0.35. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. The stock has a 50 day moving average of $77.19 and a 200-day moving average of $74.43. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $82.66.

CocaCola (NYSE:KOGet Free Report) last released its earnings results on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.81 by $0.05. The company had revenue of $12.47 billion during the quarter, compared to analysts’ expectations of $12.24 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The business’s revenue was up 11.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, analysts expect that CocaCola Company will post 3.26 EPS for the current fiscal year.

CocaCola Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a dividend of $0.53 per share. The ex-dividend date is Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 2.6%. CocaCola’s dividend payout ratio (DPR) is 66.67%.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

Analyst Ratings Changes

Several brokerages recently issued reports on KO. UBS Group raised their price objective on CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Barclays raised their price objective on CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Royal Bank Of Canada set a $87.00 price objective on CocaCola in a research note on Wednesday, February 11th. Citigroup raised their price objective on CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Morgan Stanley set a $88.00 price objective on CocaCola in a research note on Wednesday, March 11th. Fifteen investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $86.53.

View Our Latest Stock Analysis on CocaCola

Institutional Investors Weigh In On CocaCola

Hedge funds have recently added to or reduced their stakes in the stock. Louisbourg Investments Inc. bought a new stake in CocaCola in the first quarter valued at $25,000. Anfield Capital Management LLC lifted its stake in CocaCola by 438.8% in the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after buying an additional 294 shares during the last quarter. Headlands Technologies LLC bought a new stake in CocaCola in the second quarter valued at $26,000. Evolution Wealth Management Inc. lifted its stake in CocaCola by 1,081.8% in the fourth quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock valued at $27,000 after buying an additional 357 shares during the last quarter. Finally, Daytona Street Capital LLC bought a new stake in CocaCola in the fourth quarter valued at $29,000. 70.26% of the stock is currently owned by institutional investors.

CocaCola Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for CocaCola (NYSE:KO)

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