CocaCola (NYSE:KO) Trading Up 3.2% – Time to Buy?

Shares of CocaCola Company (The) (NYSE:KO) traded up 3.2% during mid-day trading on Thursday . The stock traded as high as $84.14 and last traded at $83.93. 17,980,041 shares were traded during trading, an increase of 3% from the average daily volume of 17,481,973 shares. The stock had previously closed at $81.29.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola and Marriott announced a strategic global beverage deal that will put Coca-Cola products across Marriott’s hotel network worldwide, potentially boosting distribution and long-term revenue. An Iconic Pairing: Marriott International and The Coca?Cola Company Come Together in Strategic Beverage Agreement
• Positive Sentiment: Analysts and market commentary highlighted KO as one of several blue-chip stocks that could see momentum in the second half of 2026, which may be adding to investor interest. Dow Records Best 1H Performance Since 2021: 5 Top Picks for 2H 2026
• Neutral Sentiment: Coca-Cola was also included in a broader list of dividend and blue-chip stock ideas, reinforcing its status as a defensive income name rather than signaling any new company-specific change. Dow Records Best 1H Performance Since 2021: 5 Top Picks for 2H 2026
• Neutral Sentiment: Zacks noted that investors have been paying attention to KO, but the article did not cite a material new catalyst beyond general stock screening interest. CocaCola Company (The) (KO) is Attracting Investor Attention: Here is What You Should Know

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on KO shares. Jefferies Financial Group upped their target price on CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, March 16th. UBS Group boosted their price target on CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. TD Cowen upped their price objective on CocaCola from $85.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Sanford C. Bernstein assumed coverage on CocaCola in a research report on Thursday, June 11th. They set a “market perform” rating and a $84.00 price objective on the stock. Finally, Morgan Stanley set a $89.00 target price on CocaCola in a report on Wednesday, June 10th. Fifteen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $86.88.

CocaCola Trading Up 3.2%

The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. The company has a market capitalization of $361.11 billion, a price-to-earnings ratio of 26.39, a P/E/G ratio of 3.25 and a beta of 0.34. The business’s 50-day moving average price is $79.81 and its two-hundred day moving average price is $76.57.

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

CocaCola Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th were issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Monday, June 15th. CocaCola’s dividend payout ratio is 66.67%.

Insider Buying and Selling

In related news, EVP Jennifer K. Mann sold 100,000 shares of the business’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $79.46, for a total value of $7,946,000.00. Following the completion of the transaction, the executive vice president owned 181,384 shares of the company’s stock, valued at $14,412,772.64. The trade was a 35.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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. Also, Chairman James Quincey sold 436,296 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $80.13, for a total transaction of $34,960,398.48. Following the sale, the chairman directly owned 122,833 shares of the company’s stock, valued at $9,842,608.29. This represents a 78.03% decrease in their position. The SEC filing for this sale provides additional information. 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. Over the last quarter, insiders have sold 899,905 shares of company stock worth $71,832,315. Company insiders own 0.90% of the company’s stock.

Institutional Trading of CocaCola

Several large investors have recently made changes to their positions in KO. Vanguard Group Inc. lifted its stake in CocaCola by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company’s stock worth $26,200,276,000 after purchasing an additional 5,886,352 shares during the last quarter. State Street Corp increased its stake in shares of CocaCola by 1.2% in the 4th quarter. State Street Corp now owns 167,850,330 shares of the company’s stock valued at $11,734,417,000 after purchasing an additional 1,992,327 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of CocaCola by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company’s stock worth $6,273,037,000 after buying an additional 433,547 shares in the last quarter. Norges Bank bought a new stake in shares of CocaCola during the 4th quarter worth $3,865,807,000. Finally, Bank of America Corp DE lifted its position in shares of CocaCola by 9.5% during the 1st quarter. Bank of America Corp DE now owns 44,018,963 shares of the company’s stock worth $3,347,642,000 after buying an additional 3,836,640 shares during the last quarter. Institutional investors and hedge funds own 70.26% of the company’s stock.

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.