CocaCola (NYSE:KO) Price Target Raised to $96.00

CocaCola (NYSE:KO) had its price objective raised by JPMorgan Chase & Co. from $90.00 to $96.00 in a research note released on Wednesday morning, Marketbeat reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

A number of other equities analysts also recently commented on KO. The Goldman Sachs Group restated a “neutral” rating and set a $86.00 target price (up from $82.00) on shares of CocaCola in a report on Tuesday. Barclays lifted their price target on shares of CocaCola from $89.00 to $91.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Sanford C. Bernstein reissued a “market perform” rating and set a $93.00 price objective on shares of CocaCola in a research report on Wednesday. Morgan Stanley restated an “overweight” rating and issued a $100.00 price objective (up from $89.00) on shares of CocaCola in a report on Wednesday. Finally, Piper Sandler raised their target price on shares of CocaCola from $88.00 to $95.00 and gave the stock an “overweight” rating in a research report on Wednesday. Fifteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $95.76.

CocaCola Stock Down 0.9%

NYSE KO opened at $87.67 on Wednesday. CocaCola has a 1 year low of $65.35 and a 1 year high of $90.92. The stock has a market capitalization of $377.18 billion, a PE ratio of 26.33, a PEG ratio of 3.09 and a beta of 0.34. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 1.15. The business’s 50-day moving average is $82.04 and its 200 day moving average is $78.72.

CocaCola (NYSE:KO) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The business had revenue of $13.37 billion during the quarter, compared to analyst estimates of $13.17 billion. During the same quarter in the prior year, the company posted $0.87 EPS. CocaCola’s quarterly revenue was up 6.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Sell-side analysts forecast that CocaCola will post 3.29 earnings per share for the current year.

CocaCola Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola’s dividend payout ratio (DPR) is 63.66%.

Insider Buying and Selling

In other CocaCola news, EVP Nancy Quan sold 31,625 shares of the business’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $80.93, for a total value of $2,559,411.25. Following the sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at approximately $18,074,096.90. The trade was a 12.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Bruno Pietracci sold 75,727 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $89.65, for a total value of $6,788,925.55. Following the completion of the sale, the insider directly owned 35,393 shares in the company, valued at approximately $3,172,982.45. This represents a 68.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Insiders have sold a total of 1,502,719 shares of company stock worth $126,087,452 over the last three months. 0.90% of the stock is owned by corporate insiders.

Institutional Trading of CocaCola

A number of institutional investors and hedge funds have recently bought and sold shares of KO. Louisbourg Investments Inc. purchased a new stake in shares of CocaCola during the first quarter valued at approximately $25,000. Guardian Partners Inc. purchased a new position in CocaCola in the 2nd quarter worth approximately $27,000. Anfield Capital Management LLC raised its holdings in CocaCola by 438.8% in the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock worth $25,000 after acquiring an additional 294 shares during the last quarter. Headlands Technologies LLC bought a new position in CocaCola in the 2nd quarter valued at approximately $26,000. Finally, Evolution Wealth Management Inc. lifted its position in CocaCola by 1,081.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock valued at $27,000 after acquiring an additional 357 shares in the last quarter. 70.26% of the stock is currently owned by institutional investors.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Strong second-quarter results remain the primary catalyst. Coca-Cola reported adjusted earnings of $0.97 per share, above the $0.93 consensus, while revenue increased 6.2% year over year to $13.37 billion, topping the $13.17 billion estimate. Global unit-case volume rose 5%, and management raised its 2026 earnings outlook to $3.27-$3.30 per share. Coca-Cola Q2 2026 Earnings Call Highlights
• Positive Sentiment: Premium beverages could support future revenue growth. Coca-Cola is using innovation, pricing and packaging to expand premium offerings and capture higher-value consumption occasions. Growth in Fairlife, zero-sugar products and favorable product mix also contributed to recent momentum. Can Coca-Cola’s Premium Beverage Strategy Boost Revenues?
• Positive Sentiment: Analyst targets moved higher. Jefferies raised its target to $104, TD Cowen to $100 and Argus to $97 with a Buy rating. Citigroup also forecast meaningful appreciation, helping reinforce the broadly Moderate Buy consensus.
• Neutral Sentiment: The dividend remains an income-supporting feature. Coca-Cola declared a quarterly dividend of $0.53 per share, or $2.12 annualized, representing an approximately 2.4% yield at recent prices. The company’s long dividend-growth record continues to appeal to defensive and income-focused investors. Coca-Cola Raised Its Full-Year Guidance
• Negative Sentiment: Valuation may be limiting near-term upside. With KO trading near its 52-week high at roughly 26 times earnings, HSBC cut the stock to Hold and argued that PepsiCo may offer better value. Coca-Cola Cut to Hold at HSBC
• Negative Sentiment: Insider selling creates a modest sentiment overhang. Chairman James Quincey sold approximately $13.1 million of shares, following a larger sale the prior day. The transactions were conducted under pre-arranged Rule 10b5-1 plans to cover tax withholding, making them less concerning than discretionary sales but still notable.

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.