Jennifer Mann Sells 100,000 Shares of CocaCola (NYSE:KO) Stock

CocaCola Company (The) (NYSE:KO) EVP Jennifer Mann sold 100,000 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $79.46, for a total value of $7,946,000.00. Following the transaction, the executive vice president directly owned 207,400 shares of the company’s stock, valued at approximately $16,480,004. The trade was a 32.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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

Shares of CocaCola stock opened at $83.60 on Thursday. The stock has a 50 day moving average of $78.44 and a 200 day moving average of $75.57. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $83.85. The firm has a market cap of $359.67 billion, a PE ratio of 26.29, a PEG ratio of 3.25 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.

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

CocaCola Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, June 15th. CocaCola’s dividend payout ratio (DPR) is presently 66.67%.

Institutional Investors Weigh In On CocaCola

A number of institutional investors and hedge funds have recently modified their holdings of the business. FAS Wealth Partners Inc. lifted its stake in shares of CocaCola by 3.7% during the 1st quarter. FAS Wealth Partners Inc. now owns 19,061 shares of the company’s stock worth $1,450,000 after acquiring an additional 677 shares during the last quarter. Rathbones Group PLC lifted its stake in shares of CocaCola by 1.5% during the 1st quarter. Rathbones Group PLC now owns 6,012,230 shares of the company’s stock worth $457,230,000 after acquiring an additional 86,475 shares during the last quarter. First National Bank of Mount Dora Trust Investment Services lifted its stake in shares of CocaCola by 16.3% during the 1st quarter. First National Bank of Mount Dora Trust Investment Services now owns 11,239 shares of the company’s stock worth $855,000 after acquiring an additional 1,574 shares during the last quarter. Pine Valley Investments Ltd Liability Co lifted its stake in shares of CocaCola by 1.8% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 41,097 shares of the company’s stock worth $3,129,000 after acquiring an additional 716 shares during the last quarter. Finally, Wealthquest Corp lifted its stake in shares of CocaCola by 2.8% during the 1st quarter. Wealthquest Corp now owns 7,598 shares of the company’s stock worth $578,000 after acquiring an additional 206 shares during the last quarter. 70.26% of the stock is owned by institutional investors.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Bank of America highlighted Coca-Cola as a stock to watch as the 2026 World Cup begins, saying beverage volumes could rise during the tournament and boost demand for KO. The World Cup Is Here: Analyst Names One Beverage Stock To Watch
• Positive Sentiment: Investor interest also showed up in unusually heavy call-option buying, suggesting some traders are positioning for more upside in KO.
• Positive Sentiment: Recent coverage continues to point to Coca-Cola’s solid fundamentals, including Q1 results that beat estimates and showed strong organic revenue growth and volume gains, supporting the bullish case for the stock. Coca-Cola’s Q1 Results Prove It’s a Good Buy to Hold and Hold
• Positive Sentiment: The company’s reliable dividend profile remains a draw for income investors, with Coca-Cola continuing to be viewed as a long-term dividend compounder. 1 Plain-As-Day Dividend King to Buy and Never Sell That Has Increased Its Payout for 64 Consecutive Years
• Neutral Sentiment: Chairman James Quincey and EVP Jennifer K. Mann disclosed stock sales, but both were pre-arranged 10b5-1 transactions tied to tax withholding on equity awards, so the insider activity is less concerning than discretionary selling.

Analysts Set New Price Targets

Several research firms have recently issued reports on KO. UBS Group raised their price objective on CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Jefferies Financial Group raised their price objective on CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research note on Monday, March 16th. Wells Fargo & Company raised their price objective on CocaCola from $87.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. Evercore reaffirmed an “outperform” rating and issued a $85.00 price objective on shares of CocaCola in a research note on Wednesday, February 11th. Finally, Morgan Stanley set a $89.00 price objective on CocaCola in a research note on Wednesday. Fifteen investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, CocaCola currently has a consensus rating of “Buy” and a consensus target price of $86.87.

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.