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

CocaCola Company (The) (NYSE:KO) EVP Jennifer Mann sold 100,000 shares of the stock in a transaction dated Friday, June 5th. The shares were 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 represents a 32.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 Stock Up 2.2%

Shares of KO opened at $81.30 on Wednesday. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $82.66. The firm’s 50 day moving average is $78.30 and its 200-day moving average is $75.48. The stock has a market capitalization of $349.78 billion, a PE ratio of 25.57, a P/E/G ratio of 3.18 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 earnings results on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.81 by $0.05. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The company had revenue of $12.47 billion for the quarter, compared to analysts’ expectations of $12.24 billion. During the same period last year, the firm earned $0.73 earnings per share. The business’s revenue for the quarter was up 11.4% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Equities research analysts forecast that CocaCola Company will post 3.26 EPS for the current year.

CocaCola Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on KO. TD Cowen increased their price target on shares of CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Evercore reiterated an “outperform” rating and set a $85.00 price target on shares of CocaCola in a research report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft increased their price target on shares of CocaCola from $83.00 to $86.00 and gave the stock a “buy” rating in a research report on Monday, March 30th. Weiss Ratings upgraded shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, May 4th. Finally, Wells Fargo & Company increased their price target on shares of CocaCola from $87.00 to $90.00 and gave the stock an “overweight” rating in a research report on Monday, May 18th. Fifteen equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $86.80.

Key CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Bank of America highlighted Coca-Cola as a key stock to watch as the 2026 World Cup begins, saying beverage volumes could surge during the tournament and benefit KO. The World Cup Is Here: Analyst Names One Beverage Stock To Watch
• Positive Sentiment: Recent coverage also pointed to Coca-Cola’s strong pricing power and volume growth, with Q1 results showing 10% organic revenue growth and 3% volume gains, reinforcing the company’s ability to offset inflation. Coca-Cola’s Inflation Balancing Act: Price Increases vs. Volume
• Positive Sentiment: Multiple articles emphasized KO’s dividend appeal, calling it a Dividend King with decades of consecutive dividend increases, which can attract income-focused investors. 1 Plain-As-Day Dividend King to Buy and Never Sell That Has Increased Its Payout for 64 Consecutive Years
• Positive Sentiment: News that Coca-Cola is launching BodyArmor Fit supports its expansion into the “better-for-you” beverage category, broadening growth opportunities beyond traditional soda. Coca-Cola launches BodyArmor Fit as it branches out in the ‘better-for-you’ category
• Neutral Sentiment: Chairman James Quincey and EVP Jennifer K. Mann disclosed stock sales, but both were pre-planned 10b5-1 transactions tied to tax withholding on equity awards, making them less concerning than open-market insider selling.

Institutional Trading of CocaCola

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

About CocaCola

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.