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

CocaCola Company (The) (NYSE:KOGet Free Report) EVP Jennifer Mann sold 100,000 shares of CocaCola stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $79.46, for a total transaction of $7,946,000.00. Following the completion of the transaction, the executive vice president directly owned 207,400 shares in the company, valued at approximately $16,480,004. This trade represents a 32.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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 Stock Performance

CocaCola stock opened at $83.60 on Thursday. The firm’s 50 day simple moving average is $78.44 and its 200-day simple moving average is $75.57. The company has a market cap of $359.67 billion, a P/E ratio of 26.29, a price-to-earnings-growth ratio of 3.25 and a beta of 0.35. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $83.85.

CocaCola (NYSE:KOGet Free Report) last released its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.05. The business had revenue of $12.47 billion for the quarter, compared to the consensus estimate of $12.24 billion. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The firm’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period last year, the firm posted $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, equities research analysts predict that CocaCola Company will post 3.26 EPS for the current year.

CocaCola Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given 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 66.67%.

Key Stories 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.

Institutional Trading of CocaCola

A number of institutional investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. lifted its stake in CocaCola by 0.3% in the first quarter. Geneos Wealth Management Inc. now owns 40,879 shares of the company’s stock valued at $3,109,000 after acquiring an additional 129 shares during the last quarter. HORAN Wealth LLC lifted its stake in shares of CocaCola by 3.9% in the first quarter. HORAN Wealth LLC now owns 3,458 shares of the company’s stock worth $263,000 after buying an additional 130 shares during the last quarter. Wills Financial Group LLC lifted its stake in shares of CocaCola by 1.3% in the first quarter. Wills Financial Group LLC now owns 10,170 shares of the company’s stock worth $816,000 after buying an additional 133 shares during the last quarter. Beacon Financial Advisory LLC lifted its stake in shares of CocaCola by 0.5% in the first quarter. Beacon Financial Advisory LLC now owns 26,844 shares of the company’s stock worth $2,041,000 after buying an additional 136 shares during the last quarter. Finally, Vestia Personal Wealth Advisors lifted its stake in shares of CocaCola by 3.8% in the fourth quarter. Vestia Personal Wealth Advisors now owns 3,819 shares of the company’s stock worth $275,000 after buying an additional 140 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. UBS Group raised their price target on shares of CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Royal Bank Of Canada set a $87.00 price target on shares of CocaCola in a report on Wednesday, February 11th. Evercore restated an “outperform” rating and set a $85.00 price target on shares of CocaCola in a report on Wednesday, February 11th. Barclays raised their price target on shares of CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Finally, Wells Fargo & Company raised their price target on shares of CocaCola from $87.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. Fifteen investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $86.87.

Read Our Latest Stock Report on CocaCola

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.

Further Reading

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

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