Analytici očekávají, že Coca-Cola vykáže čtvrtletní zisk 0,87 USD na akcii, což představuje meziroční nárůst o 6,1 %, při tržbách ve výši 12,93 miliardy USD (+4,1 %).
Analysts on Wall Street project that Coca-Cola (KO - Free Report) will announce quarterly earnings of $0.87 per share in its forthcoming report, representing an increase of 6.1% year over year. Revenues are projected to reach $12.93 billion, increasing 4.1% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Coca-Cola metrics that Wall Street analysts commonly model and monitor.
The consensus estimate for 'Net Operating Revenues- North America' stands at $5.47 billion. The estimate points to a change of +4.1% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Net Operating Revenues- Latin America' of $1.73 billion. The estimate indicates a year-over-year change of +9.7%.
Based on the collective assessment of analysts, 'Net Operating Revenues- Asia Pacific' should arrive at $1.46 billion. The estimate indicates a change of -3.1% from the prior-year quarter.
Analysts forecast 'Net Operating Revenues- Bottling investments' to reach $1.40 billion. The estimate indicates a year-over-year change of +3.7%.
The average prediction of analysts places 'Net Operating Revenues- Europe, Middle East & Africa' at $3.08 billion. The estimate points to a change of +2.8% from the year-ago quarter.
The consensus among analysts is that 'Net Operating Revenues- Corporate' will reach $34.43 million. The estimate suggests a change of +1.3% year over year.
The combined assessment of analysts suggests that 'Operating Income- Europe, Middle East & Africa- Non-GAAP' will likely reach $1.14 billion. The estimate is in contrast to the year-ago figure of $1.08 billion.
Analysts' assessment points toward 'Operating Income- Bottling Investments- Non-GAAP' reaching $72.61 million. The estimate compares to the year-ago value of $58.00 million.
Analysts expect 'Operating income- North America- Non-GAAP' to come in at $1.70 billion. Compared to the present estimate, the company reported $1.64 billion in the same quarter last year.
According to the collective judgment of analysts, 'Operating Income- Asia Pacific- Non-GAAP' should come in at $504.76 million. The estimate is in contrast to the year-ago figure of $504.00 million.
It is projected by analysts that the 'Operating Income- Latin America- Non-GAAP' will reach $1.02 billion. Compared to the present estimate, the company reported $887.00 million in the same quarter last year.
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Coca-Cola shares have witnessed a change of +5.2% in the past month, in contrast to the Zacks S&P 500 composite's no move. With a Zacks Rank #2 (Buy), KO is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
As I write, shares of Coca-Cola (KO -0.87%) are up around 33% in 2026 on price alone, from $69.91 at year-end 2025 to about $93. This puts the drinks giant on pace for its best calendar-year gain since 1996. Shares closed at $93.90 on Oct. 16, a record, and trade just under that mark now.
After a climb like this, it's fair to ask if the gains are about to stop. But the stock's own history surprised me. Coca-Cola has seen 11 other calendar years with price gains of 30% or better since 1963, and the stock rose again the next year in 10 of those.
That record isn't a reason to buy by itself. But I think it's a solid reason not to sell just because this year's been so good.
Image source: Getty Images.
What happened after Coca-Cola's other big years?These numbers use year-end closing prices, adjusted for stock splits. They don't count dividends, which would have lifted all of these returns on a dividend stock like Coca-Cola.
YearPrice change that yearPrice change the next year1963Up 36%Up 22%1967Up 48%Up 8%1971Up 44%Up 22%1975Up 55%Down 4%1982Up 50%Up 3%1985Up 35%Up 34%1986Up 34%Up 1%1989Up 73%Up 20%1991Up 73%Up 4%1995Up 44%Up 42%1996Up 42%Up 27%Data source: Yahoo Finance. Calculations by author.
The median follow-up gain was around 20%. For comparison, the stock climbed in 48 of all 63 years from 1963 to 2025, with a median yearly gain of about 8%.
That said, the history is messier than a 10-out-of-11 count suggests. Three of the follow-up gains were below 5%. And two of the follow-up years (1986 and 1996) were 30%-plus years in their own right, so the best runs turn up twice.
Even the lone exception was mild. After surging 55% in 1975, the stock fell around 4% in 1976.
It's also worth noting that all 11 of these years came before 1997. From 1997 through 2025, the stock's best year was a 27% gain in 2007. That makes 2026 the first test of the pattern in nearly three decades, and a pattern from the 1960s through the 1990s might not apply to today's Coca-Cola.
Earnings grew much less than the stockManagement began 2026 guiding for non-GAAP (adjusted) earnings-per-share growth of 7% to 8%. It raised the range to 8% to 9% in April, then to 9% to 10% in July, bumping the outlook up by one point every time.
The July raise came with a strong second quarter of 2026. Organic revenue (revenue growth excluding foreign exchange, acquisitions, and divestitures) grew 6% year over year, and adjusted earnings per share rose 11% to $0.97.
The stock popped 5% to a record close on July 28, when Coca-Cola reported.
But earnings haven't kept up with the share price. In the last four quarters, Coca-Cola's adjusted earnings per share came to around $3.23, about 8% above its 2025 total of $3.00. The stock's 33% rise is more than four times that.
Put simply, investors now pay around $29 for each dollar of Coca-Cola's adjusted earnings over the past year, up from about $23 at the end of 2025.
Of course, investors can't rely on paying more for each dollar of earnings every year. From here, I think further gains will likely have to come mainly from earnings growth.
$92.68-$0.81 (-0.87%)
NYSE · As of 4:00 PM ET 10/21/26
Should new money wait?Coca-Cola reports third-quarter results before the opening bell on Tuesday, Oct. 27. Management doesn't need to lift its outlook a third time. But the report must show the 9% to 10% target still holding. Investors paying around 29 times adjusted earnings are already relying on growth like that, and the stock might have a tougher time if the target slips.
Should anyone sell after the stock's best year in three decades? In 10 of the 11 past cases, holding for another year paid off. If I owned shares, I wouldn't sell them because of this year's rise alone.
Buying is a different story. With most of the rise coming from a higher valuation, I'd want either a lower price or a few more quarters of earnings growth before putting new money in. Coca-Cola's business is healthy, but the stock costs much more than it did at the start of the year.
Coca-Cola (KO -0.48%) has been around for a long time -- 140 years -- and is about as familiar as it gets. It's a classic blue chip stock, providing stability, reliable profits, and even a great dividend. Those are traits that investors appreciate, but they're nothing that generates a jaw-dropping moment.
But these are also interesting times -- there are concerns that the artificial intelligence (AI) market is developing an unsustainable bubble, and investors may start looking for safe, reliable picks for some safety.
The global beverage giant will report third-quarter earnings on Oct. 27, and I think the stage is set for Coca-Cola to remind investors that there's nothing wrong with bubbles -- as long as they're in carbonated drinks that are loved around the world.
Coca-Cola stock trades up about 33% so far this year, and after raising its full-year guidance in July, I think another strong earnings report could send Coca-Cola stock higher.
Image source: Getty Images.
Coca-Cola's business is picking up steam
Coca-Cola is proving that its line of beverages, which includes soft drinks, coffee, tea, sports drinks, water, dairy products, and juices, is growing in popularity -- and adding to the company's bottom line.
In the second quarter, Coca-Cola reported $13.4 billion in revenue, up 7% from a year ago. And global unit case volume, a measure of beverage sales, increased by 5%. In short, consumers are actually buying more products, rather than the company simply charging more for the same amount of soda.
Coca-Cola Zero Sugar volume increased 16%, while sports drinks, water, and tea all recorded gains. The company also gained market share in the global nonalcoholic ready-to-drink beverage market.
Those results helped Coca-Cola record adjusted earnings per share of $0.97, up 11% from a year ago.
$93.05-$0.45 (-0.48%)
NYSE · As of 12:31 PM ET 10/21/26
The global strategy delivers results
Coca-Cola has another advantage that investors shouldn't overlook -- its international distribution network. In Q2, it used the FIFA World Cup to promote its brands in more than 180 markets. Coca-Cola says the campaign contributed to 5% volume growth for its flagship brand and 8% for Powerade.
It's also adapting products to local preferences, including lemon-flavored Sprite+Tea in China and expanding Coca-Cola Zero into additional international markets. Unit case volume was up 8% in Asia Pacific during the second quarter, while North America and Latin America were both up 3%.
Expect another strong quarter
Coca-Cola raised its full-year outlook after reporting second-quarter earnings. Management forecast organic revenue growth of 5% and adjusted EPS growth of 9% to 10%, up from its previous range of 8% to 9%. The company also increased its projected free cash flow to $12.4 billion.
Coca-Cola has spent decades building a global distribution network and a portfolio of recognizable brands. Now it's using those advantages to sell more beverages, reach new consumers, and improve profitability.
That combination could give investors another reason to buy the stock when Coca-Cola reports on Tuesday, Oct. 27.
Coca-Cola vyplácí roční dividendu 2,12 USD na akcii; k dosažení ročního dividendového příjmu 1 000 USD je potřeba 472 akcií v hodnotě přibližně 43 424 USD.
It's common for equity income investors to say they want to generate a specific amount in yearly income from a specific dividend stock. Accruing the capital to hit that goal, particularly if it's of the four-figure or higher variety, right off the bat is another matter.
Take the case of Coca-Cola (KO +2.06%), one of the largest consumer staples companies by market cap. On Thursday, Oct. 15, the beloved soft drink stock hit an all-time high before settling at $92. The stock is up nearly 34% year to date, outperforming all "Magnificent Seven" stocks.
It's expensive to grab $1,000 a year in dividends from Coca-Cola stock, but it is worth it. Image source: Getty Images.
Still, it's not cheap to extract $1,000 in yearly income from this stock. My back-of-the-envelope math tells me that, based on Coke's annual dividend of $2.12 per share and an Oct. 15 closing price of $92, the 472 shares required to get to $1,000 in annual dividends from Coke will cost a cool $43,424. That's not small potatoes, but that capital outlay is worth it for investors who can afford it.
Don't trip on Treasury comparisons Coca-Cola is a Dividend King, or one of the companies with a dividend increase streak of at least 50 years. For the beverage giant, the streak of payout increases spans 65 consecutive years. However, the stock yields just 2.31%.
Sure, that's more than double the dividend yield on the S&P 500, but it's not a knock-your-socks-off yield. It arguably seems paltry at a time when 10- and 30-year Treasuries are yielding north of 5%. Conventional wisdom often dictates that when U.S. government bond yields are unusually high, that's bad news for dividend stocks because investors may be apt to ditch those stocks for the perceived lower-risk attributes of Treasuries.
As noted above, Coca-Cola stock is up nearly 34% this year, so it's defying that wisdom. Plus, the last 10 years of history confirm that shares of Coke have been an infinitely better bet than intermediate-term and long-dated Treasuries from a performance perspective.
KO Total Return Level data by YCharts
The point is that the real risks may well be leaving potentially significant amounts of capital appreciation on the table in the name of safety and high yields. An interesting, related footnote: While researching this article, I came across a 2019 piece about "Coca-Cola millionaires," or folks who bought small amounts of the stock during the Great Depression and went on to become millionaires decades later (or their heirs did). One of the author's points was to embrace dividend growth and not be tricked by yield.
Coke is stackin' dubs As in "W's" for "wins." Not only is Coke performing like a technology stock this year, but more importantly, it's scoring victories, including over rival PepsiCo. On Thursday, KFC announced it's moving to Coca-Cola beverages away from Pepsi.
That sign that the beverage wars rage on is noteworthy because KFC's parent, Yum! Brands was spun out of Pepsi in 1997, and since then, Yum's KFC, Pizza Hut, and Taco Bell have served Pepsi drinks. That news comes on the heels of Marriott International announcing in July that it will switch from Pepsi to Coke; Costco made the same announcement last year.
Those are wins that support the case for Coca-Cola stock, confirming that long-term investors, regardless of starting capital, ought to consider the shares.
Banque Pictet & Cie SA lifted its position in shares of CocaCola Company (The) (NYSE:KO – Free Report) by 11.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 239,687 shares of the company’s stock after acquiring an additional 24,724 shares during the period. Banque Pictet & Cie SA’s holdings in CocaCola were worth $20,632,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also made changes to their positions in KO. Louisbourg Investments Inc. acquired a new position in shares of CocaCola in the 1st quarter valued at about $25,000. Guardian Partners Inc. acquired a new position in shares of CocaCola during the 2nd quarter valued at $27,000. Horizons Wealth Management bought a new position in CocaCola during the third quarter worth $31,000. Atomic Invest LLC grew its holdings in CocaCola by 38.7% in the second quarter. Atomic Invest LLC now owns 437 shares of the company’s stock worth $36,000 after purchasing an additional 122 shares during the period. Finally, Timbuktu Capital Management LLC acquired a new stake in CocaCola in the second quarter worth $41,000. Institutional investors and hedge funds own 70.26% of the company’s stock.
Analyst Ratings Changes KO has been the subject of several recent research reports. DZ Bank restated a “buy” rating on shares of CocaCola in a report on Wednesday, July 29th. Barclays increased their target price on CocaCola from $93.00 to $98.00 and gave the stock an “overweight” rating in a report on Friday. Citigroup lifted their price target on shares of CocaCola from $100.00 to $102.00 and gave the company a “buy” rating in a research report on Wednesday. Royal Bank Of Canada boosted their price target on shares of CocaCola from $87.00 to $96.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Finally, Weiss Ratings upgraded shares of CocaCola from a “buy (a-)” rating to a “buy (a+)” rating in a report on Thursday, October 8th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, CocaCola has an average rating of “Moderate Buy” and a consensus target price of $96.27.
View Our Latest Stock Report on CocaCola Insider Activity at CocaCola In related news, CFO John Murphy sold 152,483 shares of CocaCola stock in a transaction on Friday, July 31st. The shares were sold at an average price of $87.31, for a total value of $13,313,290.73. Following the transaction, the chief financial officer owned 279,917 shares in the company, valued at $24,439,553.27. This trade represents a 35.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Nancy Quan sold 50,000 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the completion of the sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $20,186,798.70. This represents a 18.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 926,620 shares of company stock worth $83,075,714 in the last 90 days. Corporate insiders own 0.90% of the company’s stock.
Key Stories Impacting CocaCola Here are the key news stories impacting CocaCola this week:
Positive Sentiment: KFC switches from Pepsi to Coca-Cola: KFC will replace PepsiCo beverages with Coca-Cola products at its U.S. restaurants next year, ending a relationship that began in 1986. The high-profile contract should provide incremental fountain volume, strengthen Coca-Cola’s North American position and pressure PepsiCo. KFC to switch to Coca-Cola beverages in U.S. restaurants Positive Sentiment: Analyst support: UBS reaffirmed its Buy rating, while Jefferies maintained a Buy rating and Barclays reportedly raised its price target. Analysts view the KFC win as evidence of improving competitive momentum in North America. Jefferies maintains Coca-Cola Buy rating Positive Sentiment: Rotation into defensive stocks: Coca-Cola, Visa and Mastercard reached records as investors rotated away from chip and artificial-intelligence stocks. KO’s low-beta profile and dependable cash flows make it a potential beneficiary if technology-market volatility increases. Coca-Cola, Visa and Mastercard hit records Positive Sentiment: Strong brand and product execution: Coca-Cola Zero Sugar volume grew 16% in the second quarter, outpacing 5% growth for the broader Coca-Cola trademark. Localized pricing, marketing and product strategies are also supporting global consumer engagement. How Coca-Cola is using local execution to fuel global growth Neutral Sentiment: Dividend remains a support: Coca-Cola declared a quarterly dividend of $0.53 per share, or $2.12 annualized, representing an indicated yield of about 2.3%. The payout reinforces KO’s income appeal, although the stock’s elevated valuation limits the margin of safety. Negative Sentiment: Valuation and growth questions: At roughly 28 times earnings, investors are paying a premium for a mature company. The Zero Sugar gains may partly reflect consumers switching among Coca-Cola products rather than creating entirely new demand, which could limit the long-term earnings benefit. Is Zero Sugar creating new demand or shifting existing sales? CocaCola Price Performance NYSE KO opened at $93.72 on Friday. The company has a market cap of $403.23 billion, a PE ratio of 28.48, a price-to-earnings-growth ratio of 3.58 and a beta of 0.32. CocaCola Company has a 52 week low of $67.27 and a 52 week high of $94.10. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. The firm’s 50-day simple moving average is $88.47 and its two-hundred day simple moving average is $83.34.
CocaCola (NYSE:KO – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.04. The company had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Research analysts predict that CocaCola Company will post 3.30 earnings per share for the current year.
CocaCola Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $2.12 annualized dividend and a dividend yield of 2.3%. CocaCola’s dividend payout ratio (DPR) is currently 63.66%.
CocaCola Company Profile (Free Report)
The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Its portfolio includes sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and other ready-to-drink products. The company’s best-known brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, Powerade, Minute Maid, fairlife, and Georgia Coffee.
Founded in 1886, the company develops, owns, licenses, markets, and distributes beverage brands through a network of bottling partners, distributors, retailers, and food-service operators.
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KFC's U.S. restaurants will ditch PepsiCo and switch to Coca-Cola beverages next year, marking the first time in decades that the Yum Brands chain has changed its drink supplier, the restaurant company said Thursday.
Some of KFC's international markets serve Coke products, but the chain's U.S. restaurants have stuck with PepsiCo drinks ever since Pepsi bought KFC in 1986. At the time of the acquisition, KFC was Coke's second-largest fountain account, trailing only McDonald's. Pepsi later spun off KFC, along with sister chains Pizza Hut and Taco Bell — but even as the combined Yum Brands, the company stayed loyal to its previous owner. Without Pepsi, Taco Bell would not serve its iconic Mountain Dew Baja Blast.
The change comes as KFC aims to win back U.S. diners, who have ditched the fried chicken chain for rivals like Chick-fil-A or Popeyes.
"This decision is a critical step in the Kentucky Fried Comeback," KFC U.S. President Catherine Tan-Gillespie wrote in a memo to franchisees and employees obtained by CNBC. "A new beverage offering, with a new partner in Coca-Cola, gives us a platform to innovate, meet changing tastes and give customers more reasons to choose us."
For many fast-food chains, beverages have become a critical way to attract consumers. A number of restaurants, like McDonald's and Taco Bell, have broadened their drink offerings with options like refreshers or "dirty soda." For its part, KFC recently unveiled new drinks, like iced coffees and shakes, at Open House, its innovation restaurant in Texas.
Coke told CNBC earlier this year that the company has helped many of its restaurant partners create new drinks.
KFC expects to be pouring Coke beverages in all of its U.S. restaurants by the end of the first quarter of 2027, Tan-Gillespie said.
Tan-Gillespie also said that Pepsi remains an important partner for KFC's parent company and the chain's international markets.
For decades, Coke and Pepsi have tussled over important restaurant partners, which represent both a sales opportunity and the chance to grow the visibility of their beverage brands.
It is unusual for large restaurant chains to switch beverage providers, but not unprecedented. In 2024, Pepsi poached Subway, the largest U.S. restaurant chain by number of locations, from Coke. Besides KFC, Coke has wooed away a number of notable Pepsi customers in recent years, including Culver's, Arby's and Panda Express.
Akcie Coca-Cola (KO) do 14. října letošního roku vzrostly o 32,78 % na 91,78 USD; tržby za 2. čtvrtletí dosáhly 13,38 mld. USD a překonaly očekávání o 220 mil. USD.
Considering its total growth in the current century is at a relatively modest 218% – for comparison, the S&P 500 benchmark index is up over 490% within the timeframe – Coca-Cola (NYSE: KO) stock has been one of the most surprising top performers of 2026.
Indeed, after starting the year at $69.12, KO shares rallied 32.78% by the Wednesday, October 14, close at $91.78 – the S&P 500 is up 12.55% year-to-date (YTD).
If the Thursday pre-market rally to $93.19 is taken into account, the soft drink giant’s YTD gains extend to 34.82%, putting it just $6.81 short of $100.
Why the October 27 earnings can decide if KO stock hits $100 by 2027 While such momentum appears to strongly indicate that Coca-Cola shares can hit the psychological threshold by 2027, the deciding moment is likely to come only in late October.
Specifically, a key driver behind KO stock’s strong 2026 performance has been its ability to beat analyst forecasts and, perhaps somewhat counterintuitively, reverse the weakness prevalent through much of 2025.
For example, Coca-Cola’s earnings report covering the quarter that ended on December 31 last year showed revenue at $11.82 billion – significantly below the analyst forecast of $12.03 billion.
The subsequent filing – covering the first calendar quarter (Q1) of 2026 – discloses sales amounting to $12.47 billion – $650 million higher than in the preceding period and $230 million higher than the expected $12.24 billion.
Coca-Cola’s performance in Q2 proved even better, with revenue reaching $13.38 billion – once again, $220 million higher than was forecasted – for a $1.56 billion increase in just six months.
Under the circumstances, the October 27 Q3 filing could make or break KO stock’s performance for the final two months of 2026.
Here’s how Coca-Cola stock performed after each 2026 earnings report KO shares were 0.22% lower one month after the Q4 earnings – published in the February 10 pre-market – and 0.86% higher two months later.
The situation was noticeably different following the Q2 filing – made early on July 28 – with a 5.94% rally within a month, and gains then diminished to 3.75% by the Monday, September 28, closing bell.
Finally, the Q1 2026 report led to a surge greater than 8% within the first month, and roughly 9.50% by the end of the second.
The importance of the October 27 earnings report for Coca-Cola stock’s year-end price can also be seen in the fact that the latest KO rally – started after hitting support on October 7 and leading to 6.94% gains by the latest close – came in the form of quarterly outlook revisions and the strategic decision to sell Costa Coffee.
Featured image via Shutterstock
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Akcie Coca-Cola uzavřely poslední seanci na 91,78 USD, což představuje růst o 1,85 %. Výsledky za čtvrtletí společnost zveřejní 27. října 2026; konsensus očekává EPS ve výši 0,87 USD a tržby 12,93 mld. USD.
Coca-Cola (KO - Free Report) closed the most recent trading day at $91.78, moving +1.85% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 1.11%. Meanwhile, the Dow experienced a drop of 0.09%, and the technology-dominated Nasdaq saw a decrease of 1.88%.
Shares of the world's largest beverage maker have appreciated by 1.58% over the course of the past month, outperforming the Consumer Staples sector's loss of 0.28%, and lagging the S&P 500's gain of 2.06%.
Analysts and investors alike will be keeping a close eye on the performance of Coca-Cola in its upcoming earnings disclosure. The company's earnings report is set to go public on October 27, 2026. The company's earnings per share (EPS) are projected to be $0.87, reflecting a 6.1% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $12.93 billion, reflecting a 4.15% rise from the equivalent quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $3.3 per share and a revenue of $49.82 billion, representing changes of +10% and +4.02%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Coca-Cola. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.09% higher. Coca-Cola is holding a Zacks Rank of #2 (Buy) right now.
With respect to valuation, Coca-Cola is currently being traded at a Forward P/E ratio of 27.34. This valuation marks a premium compared to its industry average Forward P/E of 18.27.
One should further note that KO currently holds a PEG ratio of 3.51. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Beverages - Soft drinks industry was having an average PEG ratio of 2.02.
The Beverages - Soft drinks industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 90, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
VMFXX nabízí aktuální výnos 3,68 %, který se mění v závislosti na úrokových sazbách; Coca-Cola má výnos 2,26 %, ale dividendu zvýšila již 63 let po sobě.
The money market fund yields more right now, the dividend stock has raised its payout for 63 straight years, and taxes treat them completely differently. Knowing which one actually belongs in your retirement account requires looking at a risk most…
Vanguard Federal Money Market Fund (VMFXX), one of the largest government money market funds, paid $0.036757 per share in distributions over the 12 months through its September 30, 2026 payout. With its share price at $1.0000 on October 13, 2026, that is a trailing distribution yield of about 3.68%. The fund’s latest monthly payout runs at an annualized pace of about 3.64%. On the same date, 4-week Treasury bills averaged a 3.98% yield, and Coca-Cola (NYSE:KO | KO Price Prediction) carried a dividend yield of 2.26%. On paper the cash fund pays more. That comparison only starts the analysis for someone who needs income for the next 20 years.
How a Money Market Fund Holds $1 and Why Its Yield Floats A money market fund is a mutual fund that buys very short-term debt: Treasury bills, government agency paper and repurchase agreements backed by Treasuries. Government funds such as VMFXX aim for a stable share price of $1, and the fund’s stated objective is current income “while maintaining liquidity and a stable share price of $1.” Under SEC rules, government and retail funds may keep that stable price, while institutional prime and institutional tax-exempt funds must let their price float with the value of their holdings. Institutional prime funds also face a required liquidity fee framework under Rule 2a-7.
You never hold anything to maturity. The fund’s holdings mature within days or weeks and the proceeds are rolled into new paper at whatever rates prevail at that point. As a result, the yield resets constantly and tracks the Federal Reserve’s policy rate closely. Nothing is fixed.
The fed funds target upper bound stands at 4.00% as of October 14, 2026, after the Fed raised it from 3.75% on September 17, 2026. That increase followed a cut from 4% to 3.75% on December 11, 2025. Fees are taken out before you get paid: VMFXX’s net expense ratio is 0.11%, while Fidelity Government Money Market Fund (SPAXX) charges 0.42%, so yields differ from fund to fund.
A money market fund is not a bank deposit and carries no FDIC insurance. SIPC coverage at a brokerage protects your holdings, up to its limits, if the broker itself fails. A drop in the fund’s value falls outside that protection. During the 2007-2008 financial crisis, a major prime fund “broke the buck” and dropped below $1, which is the episode that set off the reforms. Government funds holding Treasuries carry far less of that risk, but the $1 price is an unguaranteed target.
Dividend Safety First: Can Coca-Cola Keep Paying? A higher yield means nothing if the payment is at risk, so the stock side of this comparison starts with safety. Coca-Cola’s dividend increase in 2026 was its 63rd consecutive annual increase, the kind of run that sets it in the small club of Dividend Kings we ranked by valuation in a free report here. It paid $0.53 per share on October 1, 2026, which puts the forward annual rate at $2.12. That works out to about 64% of trailing diluted EPS of $3.33, a payout that leaves room for earnings to slip.
One weak spot: reported free cash flow for 2025 came to $5.296 billion, short of the $8.8 billion the company paid out in dividends that year. A one-time contingent payment linked to the fairlife acquisition caused most of that gap. Coca-Cola has since raised its 2026 free cash flow guidance to approximately $12.4 billion, up from $12.2 billion. The balance sheet has room too. On the July call, the CFO said, “Our balance sheet remains strong with our net debt leverage of 1.4 times EBITDA, which is below our target range of 2 to 2.5 times.”
Two risks stand out: Coca-Cola is in a long-running tax dispute with the IRS that now sits with the 11th Circuit Court of Appeals, and management says the timing of a decision is unknown. Currency swings also hit reported results. Neither looks like a threat to the dividend right now. Still, the payment remains a discretionary board decision.
Cut Risk Versus Reinvestment Risk: Both Halves of the Trade The first half favors the cash fund. Coca-Cola can cut its dividend, and once a money market distribution is paid, nobody can take it back. On the other side, the fund’s next distribution can be smaller, and history shows how fast that happens. VMFXX paid $0.003577789 per share for August 2025 and $0.00307354 for August 2026. In December 2020, after the Fed had cut rates to near zero, the monthly payout fell to $0.00002 per share. This shows reinvestment risk: when short-term rates fall, a money market yield falls with them almost immediately, and a retiree living on that income takes a pay cut with no warning.
The second half favors the stock. A dividend can grow and a money market yield cannot grow on its own. Coca-Cola’s quarterly payment went from $0.44 in 2022 to $0.46 in 2023, $0.485 in 2024, $0.51 in 2025 and $0.53 in 2026. Management is guiding to 9 to 10% comparable EPS growth for 2026, and that is the earnings base future increases come from.
The cost is price risk. A yield measures income only and excludes price changes. Coca-Cola shares rose 31.41% year to date, from $68.57 to $90.11 as of October 13, 2026. The 52-week range runs from $65.19 to $91.94. That rally is why the yield now looks thin: the price rose faster than the dividend. At a trailing P/E of 27, the stock can lose value even with the dividend intact. A beta of 0.318 points to lower-than-market volatility, but low volatility still means the price moves. The money market fund’s $1 share price barely moves at all.
Taxes Can Flip the Answer Money market distributions show up on your tax forms as dividends, but most of the money comes from interest. A fund can report a payout as qualified dividend income only up to the qualified dividends it received itself, under 26 U.S.C. § 854(b)(1)(C)(ii), and a fund holding T-bills receives almost none. In practice, the distributions are taxed at ordinary income rates. For 2025, those federal brackets run from 10% to 37%. Government funds have one advantage: the part of the income that comes from Treasury obligations is often exempt from state income tax. How much qualifies depends on your state’s rules and the fund’s year-end tax statement.
Coca-Cola’s dividends come from a domestic corporation, so they count as qualified dividend income and are taxed as net capital gain under 26 U.S.C. § 1(h)(11). For most retirees that means a rate of 0%, 15% or 20%, provided they hold the shares long enough before the ex-dividend date (§ 1(h)(11)(B)(iii)). Unlike Treasury income, Coca-Cola’s dividends get no state tax break.
These rules apply only in a taxable account. IRS guidance says the investment-income rules do not apply to investments held in IRAs and 401(k) plans, and withdrawals from a traditional IRA are taxed as ordinary income no matter what produced them. Inside a tax-deferred retirement account, Coca-Cola’s qualified-dividend advantage goes away. Outside tax-deferred accounts, it can close much of the gap between the two headline yields.
Who Each Option Suits A government money market fund fits investors seeking principal stability and same-day access to cash: next year’s spending, an emergency reserve, or money waiting to be invested, held by people who accept that their income will drop when the Fed cuts rates. A dividend stock like Coca-Cola fits retirees with a time horizon of a decade or more who can bear price swings in exchange for income that has grown for 63 straight years. That trade works best where the 0% to 20% qualified rates apply. Many retirees will end up holding both, with each account doing the job it fits.
Contact [email protected] for any questions or corrections.
Key Takeaways Coca-Cola breaks above its 50-day SMA on Oct. 8 and remains above its 200-day SMA, signaling bullish momentum.KO's 28.9% YTD rally outpaces industry peers, backed by brand strength, innovation and operational efficiency.Coca-Cola projects 9-10% EPS growth in 2026, but its 25.92X forward P/E signals a premium valuation. Shares of The Coca-Cola Company (KO - Free Report) have demonstrated resilience in recent months, outperforming key industry benchmarks and exhibiting encouraging technical momentum. The bullish trend gained further traction on Oct. 8, 2026, when KO moved above its 50-day simple moving average (SMA). The stock closed at $87.77, surpassing its 50-day SMA of $87.65, indicating strengthening near-term momentum and renewed buying interest.
A breakout above the 50-day SMA is generally viewed as a positive technical signal, suggesting a shift toward bullish sentiment. This development often reflects improving investor confidence and stronger buying activity, particularly when a stock is recovering from recent weakness. Sustained trading above this level could further reinforce the positive momentum.
Adding to the favorable technical picture, Coca-Cola has been trading above its 200-day SMA since Jan. 8, 2026, reflecting a sustained upward trend. The stock's position above this key long-term indicator suggests underlying price strength and reinforces the broader bullish technical outlook.
The SMA is a widely followed technical indicator that smooths daily price fluctuations, helping investors identify prevailing trends and assess a stock's directional momentum. While the 50-day SMA provides insights into near-term price movements, the 200-day SMA serves as an important gauge of longer-term trend strength.
KO Stock Trades Above 50 & 200-Day SMAs
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Coca-Cola has exhibited impressive momentum, with its shares rising 28.9% in the year-to-date period, comfortably outperforming the Beverages – Soft Drinks industry's 14.4% growth. The KO stock has also outpaced the broader Zacks Consumer Staples sector and the S&P 500, which have gained 7.8% and 13.8%, respectively, in the same period. This notable outperformance underscores Coca-Cola's relative strength amid a mixed market environment.
KO's year-to-date performance also stands out against key industry peers, including PepsiCo Inc. (PEP - Free Report) , Monster Beverage Corporation (MNST - Free Report) and Primo Brands Corporation (PRMB - Free Report) . While Coca-Cola has delivered robust gains, PepsiCo has witnessed an 11.3% decline in its share price in the same period. Meanwhile, Monster Beverage and Primo Brands have recorded gains of 13% and 15.5%, respectively, trailing KO's impressive rally. The substantial performance gap between Coca-Cola and its competitors further highlights KO's superior stock-price momentum and stronger relative market positioning.
Coca-Cola's YTD Price Performance
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At its current price of $90.11, the KO stock trades 34.7% above its 52-week low mark of $60.71 and 2.6% below its 52-week high mark of $92.49.
What's Fueling KO's Strong Stock Momentum?Coca-Cola continues to benefit from its diversified beverage portfolio, strong brand equity, disciplined revenue growth management and extensive global distribution network. The company's ability to drive balanced growth through volume expansion and strategic pricing, while adapting to evolving consumer preferences, remains central to its growth strategy. Its presence across more than 200 countries and territories, supported by a robust bottling network, strengthens its competitive position and provides resilience amid an uneven global consumer environment.
Coca-Cola's focus on innovation, affordability and premiumization is another key growth catalyst. The company is leveraging its portfolio of 32 billion-dollar brands to capture incremental consumption occasions and expand its consumer base. Strong demand for Trademark Coca-Cola, fairlife, Powerade and Sprite, alongside innovations such as Coca-Cola Zero Zero and Mr. Pibb, underscores its ability to sustain brand relevance. Its FIFA World Cup activations and digital initiatives are also strengthening consumer engagement and market penetration.
Operational efficiency and financial flexibility further support KO's momentum. Its increasingly asset-light business model, disciplined cost management and effective revenue growth strategies are supporting margin expansion. Management raised its 2026 outlook, projecting approximately 5% organic revenue growth and 9-10% comparable earnings-per-share growth. A strong balance sheet and healthy cash generation provide additional flexibility for reinvestment and shareholder returns.
However, persistent pressure on lower-income consumers, geopolitical uncertainty and unfavorable product mix in certain markets remain concerning. Nevertheless, Coca-Cola's brand strength, execution capabilities and improving earnings outlook support its positive long-term growth prospects.
Estimate Revision Trend for KOThe Zacks Consensus Estimate for Coca-Cola's 2026 EPS moved up by a penny in the past seven days. The estimate for 2027 was unchanged in the last 30 days. For 2026, the Zacks Consensus Estimate for KO's revenues and EPS implies 4% and 10% year-over-year growth, respectively. The consensus mark for 2027 revenues and earnings suggests 1.1% and 7% growth, respectively.
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Coca-Cola's ValuationKO's current forward 12-month price-to-earnings (P/E) multiple of 25.92X is significantly higher than the Zacks Beverages – Soft Drinks industry average of 19.31X, making the stock appear relatively expensive. However, the company's P/E multiple reflects a significant discount to the S&P 500's multiple of 19.83X.
At 25.92X P/E, Coca-Cola trades at a significant premium to its peers, PepsiCo and Primo Brands, which have forward 12-month P/E multiples of 14.67X and 13.37X, respectively. Nonetheless, Monster Beverage has a forward 12-month P/E ratio of 35.22X, significantly higher than KO.
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Should Investors Buy Coca-Cola Stock Now?Coca-Cola's impressive share-price rally, favorable technical indicators and improving earnings outlook reinforce its bullish investment appeal. Trading above both its 50- and 200-day SMAs, KO exhibits encouraging near-term momentum and sustained long-term strength. Its significant outperformance against industry peers and broader market benchmarks further underscores positive investor sentiment.
Although KO trades at a premium to the industry and several peers, its elevated valuation largely reflects the strong share-price rally and heightened investor optimism surrounding its resilient business model, brand strength and long-term growth opportunities. While the rich valuation may limit immediate upside, Coca-Cola's strategic initiatives, operational efficiency and earnings growth prospects support continued momentum in the near and long term. Investors may consider accumulating this Zacks Rank #2 (Buy) stock at suitable entry prices despite its premium valuation. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Coca-Cola zvýšila výhled volného peněžního toku pro rok 2026 na zhruba 12,4 miliardy USD po loňském poklesu způsobeném jednorázovou platbou související s fairlife.
Coca-Cola has handed income investors a bigger check every year for six decades, but last year its dividend bill outpaced its free cash flow by billions. Whether that gap signals trouble or a one-time blip could define the next ten…
Coca-Cola (NYSE:KO | KO Price Prediction) marked its 63rd consecutive year of annual dividend increases in 2025. Its quarterly payment record backs that up: the per-share payout has stepped higher every year from $0.16 in 1999 to $0.53 in 2026. Income investors who already own the stock care less about the 2.27% yield than about whether the next decade of raises shows up. That depends on free cash flow, and the cash flow picture has improved in Coca-Cola’s favor in 2026.
Free Cash Flow Is Catching Back Up to the Payout Last year looked weak on paper. Coca-Cola paid $8.8 billion in dividends but generated only $5.296 billion in free cash flow. Most of that gap came from a one-time fairlife contingent consideration payment, which management took out from its 2025 cash outlook.
For 2026, Coca-Cola raised its free cash flow guidance to about $12.4 billion. The 2025 dividend bill would use roughly 71% of that. First-half free cash flow came in at about $6.9 billion, with net debt at 1.4 times EBITDA, below the company’s 2x to 2.5x target. Chief financial officer John Murphy said:
“Given the momentum of our business and the strength of our balance sheet, we have increased flexibility and optionality to continue to both reinvest in our business and return capital to share owners.”
Earnings Are Growing Faster Than the Dividend Earnings growth is outpacing dividend growth. The 2026 raise was about 3.9%, while management now guides comparable EPS up 9% to 10% from $3.00. The $2.12 forward dividend works out to about 64% of trailing EPS of $3.33. Second-quarter operating margin expanded to 34.9% from 34.1%. Murphy credited the shift to a lighter-asset model:
“The structural changes in our overall model becoming more asset-light has, as you know, been one of the primary drivers.”
Pricing, Volume and Currency Decide the Pace Second-quarter unit case volume rose 5%, and Coca-Cola Zero Sugar grew 16%. Chief executive Henrique Braun described a squeezed consumer:
“The lower income continues to be pressured, and we’ve seen that it’s really about value, not only pricing.”
Several other factors can work against growth. Currency adds about 3% to 2026 EPS, and that boost can reverse. The fourth quarter has six fewer days than a year ago. The IRS tax case is also still pending, though Murphy said, “We continue to have confidence that we will ultimately prevail.”
How Coca-Cola Compares With PepsiCo and Keurig Dr Pepper PepsiCo (NASDAQ:PEP) yields more, at 4.42%, and announced its 54th consecutive annual increase. But it cut its 2026 core EPS growth guidance to 2.5% to 3.5% as core operating margin contracted 35 basis points. Keurig Dr Pepper (NASDAQ:KDP) is carrying $30.4 billion in debt principal and 4.4x pro forma leverage after its JDE Peet’s deal, and it plans a separation in early 2027.
Coca-Cola’s main weakness is its price. At 29 times earnings, it costs more than PepsiCo at 21 times. Its shares are up 31.67% this year.
Verdict: Expect Steady Mid-Single-Digit Raises Yes, Coca-Cola can keep raising its dividend, and it has more room to do so than either peer. EPS is growing at more than twice the rate of the most recent raise. Cash flow is recovering after the one-time fairlife payment, and leverage is below management’s own target. That supports raises around the recent 4% rate for years. Annual increases will likely stay in that range rather than speed up, so investors who want a higher starting yield are taking on more risk in PepsiCo’s payout. For current holders, a reversal of the currency boost is the main threat to watch.
Contact [email protected] for any questions or corrections.
Key Takeaways Coca-Cola's data-driven marketing strategy drove 5% Trademark Coke volume growth and 90-bps margin expansion.KO's FIFA World Cup campaign generated more than 9B digital views and 25M consumer data points.Coca-Cola is leveraging AI and consumer insights to sharpen marketing efficiency amid uneven consumer demand. The Coca-Cola Company (KO - Free Report) continues to strengthen its global competitive position through sustained marketing investments, digital capabilities and consumer-focused initiatives. The company is prioritizing smarter marketing allocation, leveraging artificial intelligence and consumer insights to enhance engagement and improve returns. Management remains committed to investing ahead of the curve while emphasizing the quality and effectiveness of spending rather than simply increasing expenditure.
Coca-Cola's integrated marketing campaign around the 2026 FIFA World Cup demonstrates the effectiveness of this approach. The campaign reached more than 180 markets and 20 million retail outlets, generating more than 9 billion digital and social media views and collecting above 25 million first-party consumer data points. These efforts contributed to 5% volume growth for Trademark Coca-Cola, its strongest performance in 17 years, excluding the COVID recovery period. Powerade volumes also increased 8% globally in the second quarter.
Coca-Cola is leveraging these insights to improve future marketing campaigns, including Coke and Meals, and Powerade-related initiatives. Management believes that AI-powered tools and digital capabilities can improve marketing efficiency through more precise allocation across channels and consumer occasions. The company expanded its comparable operating margin by approximately 90 basis points during the quarter despite continued brand investments.
Looking ahead, Coca-Cola's emphasis on personalized engagement, disciplined spending and data-driven marketing could support improving returns. However, uneven consumer demand and investment timing remain considerations for sustaining profitability and marketing effectiveness over the longer term.
How Are Marketing Investments Working for PEP & KDP?PepsiCo Inc. (PEP - Free Report) and Keurig Dr Pepper Inc. (KDP - Free Report) are increasingly focusing on strategic marketing investments, brand-building initiatives and targeted consumer engagement to strengthen brand visibility, drive demand and support sustainable growth in the competitive beverage industry.
PepsiCo is strengthening consumer engagement through increased marketing investments, brand restaging and strategic partnerships. Initiatives include FIFA World Cup activations, Formula 1 collaborations and enhanced digital campaigns to boost brand visibility. The company plans to increase advertising and marketing spending through the remainder of 2026, supported by productivity savings. These investments aim to accelerate volume growth and improve brand relevance, although near-term margin pressures remain a challenge.
Keurig Dr Pepper is leveraging targeted marketing investments, brand campaigns and digital engagement to strengthen consumer loyalty and drive growth. Marketing support helped Dr Pepper Zero Sugar achieve nearly 30% retail sales growth in the second quarter of 2026. Meanwhile, Keurig's precision marketing initiatives supported brewer shipment growth. KDP also plans to reinvest acquisition-related synergies into high-return marketing and promotional activities, supporting stronger sales and profitability over time.
Zacks Rundown for Coca-ColaKO shares have rallied 31.8% in the past year compared with the industry’s 18% growth.
Image Source: Zacks Investment Research
From a valuation standpoint, Coca-Cola is trading at a forward price-to-earnings ratio of 25.34X, higher than the industry’s 18.99X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for KO’s 2026 and 2027 earnings implies year-over-year growth of 10% and 7%, respectively. Earnings estimates for 2026 have moved up by a penny in the past seven days, while earnings estimates for 2027 have been unchanged in the past 30 days.
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Coca-Cola currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Akcie Coca-Cola (KO) letos vzrostly o 30,9 %, což vyvolává obavy z nadhodnocení navzdory vysokým maržím a růstovému potenciálu na rozvíjejících se trzích.
SummaryThe Coca-Cola Company earns a buy rating, supported by a robust economic moat, premium margins, and unrivaled brand equity.KO's asset-light model, high-margin concentrate sales, and long-term bottler contracts drive sector-leading profitability and efficiency.Emerging markets, especially Asia Pacific, offer significant growth runway, with KO outpacing regional market expansion and gaining share.Valuation concerns exist, but KO's superior margins, earnings growth, and dividend track record justify its premium relative to peers. Mindstyle/iStock Editorial via Getty Images
Introduction The Coca-Cola Company (KO) stock has enjoyed a strong year, with a 30.9% rise. However, this has also sparked concerns about overvaluation, as it now trades at a forward price-to-earnings (P/E) ratio of
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of KO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Farther Finance Advisors LLC increased its stake in shares of CocaCola Company (The) (NYSE:KO – Free Report) by 22.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 197,252 shares of the company’s stock after purchasing an additional 36,067 shares during the period. Farther Finance Advisors LLC’s holdings in CocaCola were worth $16,979,000 as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of the stock. State Street Corp boosted its stake in shares of CocaCola by 1.2% during the fourth quarter. State Street Corp now owns 167,850,330 shares of the company’s stock valued at $11,734,417,000 after acquiring an additional 1,992,327 shares during the last quarter. Bank of America Corp DE raised its stake in CocaCola by 4.4% in the 2nd quarter. Bank of America Corp DE now owns 45,958,636 shares of the company’s stock valued at $3,735,058,000 after purchasing an additional 1,939,673 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in CocaCola by 0.4% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,354,414 shares of the company’s stock valued at $2,954,523,000 after purchasing an additional 162,097 shares during the last quarter. Wellington Management Group LLP lifted its holdings in CocaCola by 9.2% in the 2nd quarter. Wellington Management Group LLP now owns 29,053,752 shares of the company’s stock valued at $2,361,198,000 after purchasing an additional 2,439,026 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in CocaCola by 6.7% in the 4th quarter. Invesco Ltd. now owns 28,520,214 shares of the company’s stock valued at $1,993,848,000 after purchasing an additional 1,798,371 shares in the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.
Wall Street Analysts Forecast Growth A number of equities research analysts have recently commented on the stock. Wells Fargo & Company lowered their price target on shares of CocaCola from $95.00 to $90.00 and set an “overweight” rating for the company in a report on Monday. UBS Group set a $104.00 price objective on shares of CocaCola and gave the company a “buy” rating in a research note on Wednesday, July 29th. TD Cowen raised their target price on shares of CocaCola from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $86.00 target price (up from $82.00) on shares of CocaCola in a research note on Tuesday, July 28th. Finally, Weiss Ratings raised CocaCola from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, CocaCola has a consensus rating of “Moderate Buy” and a consensus target price of $95.95.
Get Our Latest Analysis on KO Insider Activity at CocaCola In other news, Chairman James Quincey sold 145,947 shares of the company’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $90.09, for a total transaction of $13,148,365.23. Following the completion of the sale, the chairman directly owned 122,833 shares in the company, valued at $11,066,024.97. This represents a 54.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at 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, insider Bruno Pietracci sold 111,365 shares of the stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $90.93, for a total value of $10,126,419.45. Following the completion of the transaction, the insider directly owned 41,365 shares in the company, valued at $3,761,319.45. This trade represents a 72.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 926,620 shares of company stock worth $83,075,714. 0.90% of the stock is owned by corporate insiders.
CocaCola Trading Up 2.2% Shares of KO stock opened at $87.73 on Friday. The firm has a market cap of $377.48 billion, a P/E ratio of 26.35, a PEG ratio of 3.34 and a beta of 0.32. CocaCola Company has a 1-year low of $66.00 and a 1-year high of $92.49. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 1.12. The firm’s 50-day simple moving average is $88.00 and its 200-day simple moving average is $82.73.
CocaCola (NYSE:KO – Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.04. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The business had revenue of $13.37 billion for the quarter, compared to analysts’ expectations of $13.17 billion. During the same period last year, the company earned $0.87 earnings per share. The company’s quarterly revenue was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, equities analysts forecast that CocaCola Company will post 3.29 EPS for the current year.
CocaCola Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th were issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Tuesday, September 15th. CocaCola’s dividend payout ratio (DPR) is 63.66%.
More CocaCola News Here are the key news stories impacting CocaCola this week:
Positive Sentiment: Potential Costa Coffee sale: Coca-Cola is reportedly exploring another sale of Costa Coffee. A divestiture could generate cash, simplify the portfolio and allow management to focus on higher-priority beverage businesses, although no transaction has been announced. Coca-Cola looks to sell Costa Coffee again, Semafor reports Positive Sentiment: Healthy volume and guidance trends: Recent coverage highlights approximately 5% volume growth in the second quarter, broader gains across cases sold, pricing and operating margins, and multiple outlook increases. Coca-Cola previously beat earnings expectations, reporting $0.97 in EPS versus a $0.93 consensus estimate and $13.37 billion in revenue versus $13.17 billion expected. Coca-Cola raises its outlook Positive Sentiment: Product innovation: New zero-sugar, prebiotic and flavored soda launches—including banana-vanilla offerings—could support consumer engagement and longer-term growth as preferences shift toward “better-for-you” beverages. Coca-Cola launches new soda products Neutral Sentiment: Defensive appeal remains intact: Coca-Cola continues to attract income-focused investors because of its long dividend history, strong global distribution network and roughly 28.5% net margin. However, comparisons with PepsiCo and other consumer-staples stocks offer no clear new catalyst for KO. Three soda giants pay dividends Negative Sentiment: Valuation and execution risks: Analysts caution that KO trades above its historical average multiple, with a P/E near 26, while its cash-flow-based valuation appears close to fair value. A bearish earnings preview also points to insider selling and limited room for disappointment ahead of results. Coca-Cola Q3 earnings preview CocaCola Company Profile (Free Report)
The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Its portfolio includes sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and other ready-to-drink products. The company’s best-known brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, Powerade, Minute Maid, fairlife, and Georgia Coffee.
Founded in 1886, the company develops, owns, licenses, markets, and distributes beverage brands through a network of bottling partners, distributors, retailers, and food-service operators.
See Also Five stocks we like better than CocaCola Want Private-Market Access to Kalshi and Polymarket? Try This ETF Levi’s Stock Dip Reveals Value Opportunity Despite Q3 Headwinds PepsiCo Stock Looks Poised to Bottom With High Yield, Deep Value Alphabet’s $1.8 Billion Black Hills Deal Powers AI Data Center Push Want to see what other hedge funds are holding KO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CocaCola Company (The) (NYSE:KO – Free Report).
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As I write, Coca-Cola (KO +2.27%) stock would need to climb about 14% from roughly $88 to hit $100 a share. The shares have already risen about 26% this year, and they closed at a record of almost $92 in late August.
With the end of 2027 about 15 months away, the climb works out to about 11% a year in price alone. A dividend yielding about 2.4% at the stock's current price comes on top of that.
For a company whose organic revenue (sales growth excluding currency moves, acquisitions, and divestitures) rose 5% last year, 11% a year is arguably a fast pace. But I think the stock can get there, if earnings keep growing at their recent rate.
Image source: The Motley Fool.
Where did this year's rise come from?Mainly from a higher valuation. Coca-Cola stock closed 2025 around $70. Against its 2025 non-GAAP (adjusted) earnings per share of $3.00, that was about 23 times earnings. Now, the stock trades at about 27 times adjusted earnings, using the $3.23 per share over its past four quarters.
In other words, adjusted earnings per share grew around 8% while the stock gained 26%. Most of the run-up comes from a higher price on every dollar of Coca-Cola's earnings, and I wouldn't count on another year like that.
So earnings have to carry most of the climb to $100. Management expects 2026 adjusted earnings per share of around $3.27 to $3.30, up 9% to 10%. But currency accounts for around 3 points of it. Leaving out currency and the effect of acquisitions and divestitures, the company expects growth of 7% to 8%.
If adjusted earnings per share rises around 7.5% again in 2027, it'd be near $3.53. If shares still fetch 27 times adjusted earnings then, that points to a stock price of around $96 by the end of 2027. Hitting $100 would take about 28 times adjusted earnings -- or a year of faster growth.
Coca-Cola is selling more drinksShowing how the mix of its growth has changed, Coca-Cola's unit case volume (the amount of its drinks sold in its system) dropped 1% from the year before in the second quarter of 2025. Since then, volume growth has sped up, to 1% in both the third and fourth quarters of 2025, then 3% to start 2026 and 5% in the latest quarter.
Price/mix (the combined impact of price moves and shifts in what drinks and packages sell, and where) went the other way. It slowed from 6% growth in mid-2025 to 2% in this year's second quarter. And organic revenue still rose 6% in the quarter.
I think volume-led growth is the healthier kind, since it doesn't rely on consumers absorbing ever-higher prices.
"[W]e said that this would be a year that if we did everything right, we would see volume and price/mix more in tandem," CEO Henrique Braun said on Coca-Cola's second-quarter earnings call. "And that's exactly what we're seeing."
Granted, management also credited the FIFA World Cup, favorable weather in some markets, and an easy comparison, leaving two-year average volume growth at 2%. But profitability rose, too. Coca-Cola's adjusted operating margin widened to 35.6% from 34.7% a year before.
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What does Oct. 27 have to show?Coca-Cola releases third-quarter results before the opening bell on Tuesday, Oct. 27. Its full-year outlook points to adjusted earnings per share of about $1.44 to $1.47 for the second half, up only about 3% to 5%, partly because the fourth quarter has six fewer days than last year.
Volume is the figure I'd track most closely. Against 1% growth in the year-ago quarter, volume growth of roughly 3% would hold the two-year pace near 2%.
Price/mix counts, too. PepsiCo cut its 2026 outlook for adjusted, currency-neutral earnings-per-share growth to 1% to 2% on Thursday, and said it's lining up more cost cuts partly to offset rising input cost inflation. Coca-Cola noted higher input costs in its second quarter as well, so price/mix staying around 2% could show it can still price through them.
Will Coca-Cola stock clear $100 before 2028? I think so. If volume keeps rising near its two-year pace and pricing holds, earnings growth around 8% a year could carry the stock to the mid-$90s. And a stock that already reached $92 in August needs just a slightly higher valuation on top of that.
But this is a prediction about earnings growth more than a bargain price. At around 25 times projected 2027 earnings, shares already assume steady growth, and one or two quarters of slower volume could easily push $100 to 2028.
Cappuccinos sit on a table in Costa Coffee in Loughborough, Britain April 25, 2018. REUTERS/Darren Staples/File Photo Purchase Licensing Rights, opens new tab
CompaniesOct 8 (Reuters) - Coca-Cola (KO.N), opens new tab is seeking to unwind its $5 billion acquisition of British coffeehouse Costa Coffee after a sales process failed earlier this year, Semafor reported on Thursday, citing people familiar with the matter.
Here are some more details:
Sign up here.
Coca-Cola had scrapped its plans to sell Costa earlier this year after the offers from private equity firms came in below expectations, the Financial Times reported in January.
The beverage giant acquired Costa in 2018 for $5.1 billion in an effort to extend its push into healthier drinks.
At least one strategic acquirer mulled what a deal for Costa would look like before passing due to valuation and strategic issues, the Semafor report added.
Coca-Cola did not immediately respond to a request for comment
It could not be determined what price Coca-Cola might seek for Costa if it were to put the coffee chain back on the market, the report added.
Adds details from paragraph 2 onwards
Reporting by Angela Christy in Bengaluru; Editing by Shilpi Majumdar and Anil D'Silva
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Coca-Cola (KO - Free Report) closed the most recent trading day at $87.77, moving +2.27% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.47%. On the other hand, the Dow registered a gain of 0.1%, and the technology-centric Nasdaq decreased by 1.25%.
The stock of world's largest beverage maker has fallen by 1.98% in the past month, leading the Consumer Staples sector's loss of 4.53% and undershooting the S&P 500's gain of 1.15%.
Investors will be eagerly watching for the performance of Coca-Cola in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 27, 2026. The company is forecasted to report an EPS of $0.87, showcasing a 6.1% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $12.91 billion, reflecting a 4.04% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.29 per share and a revenue of $49.81 billion, indicating changes of +9.67% and +4%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Coca-Cola. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Coca-Cola presently features a Zacks Rank of #2 (Buy).
In terms of valuation, Coca-Cola is presently being traded at a Forward P/E ratio of 26.07. Its industry sports an average Forward P/E of 17.76, so one might conclude that Coca-Cola is trading at a premium comparatively.
It is also worth noting that KO currently has a PEG ratio of 3.34. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Beverages - Soft drinks industry currently had an average PEG ratio of 1.9 as of yesterday's close.
The Beverages - Soft drinks industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 192, which puts it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Coca-Cola ve 2. čtvrtletí zvýšila tržby o 6,74 % na 13,38 mld. USD a zisk na akcii (EPS) dosáhl 0,97 USD, akcie se však obchodují za forwardové P/E 25.
Coca-Cola just posted its best volume growth in nearly two decades, raised guidance twice, and beat earnings six quarters straight. So why do the numbers suggest investors may already be paying too much for that track record?
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Coca-Cola (NYSE:KO | KO Price Prediction) trades at $85.81. The stock has gained 25.14% this year, while a 5.27% 10-year Treasury yield now competes for conservative dollars.
Coca-Cola sells beverage concentrates and brands in more than 200 countries and territories. Second-quarter revenue rose 6.74% to $13.38B, and management raised full-year guidance for the second time. Investors pushed the stock toward the $91.94 52-week high.
Rising Earnings Make Coca-Cola’s Premium Look Earned Bulls point to strength. Second-quarter EPS of $0.97 beat the $0.9323 estimate, extending six straight beats. Unit case volume grew 5%, Coca-Cola Zero Sugar grew 16%, and trademark Coca-Cola posted its best volume growth in 17 years excluding COVID recovery. Guidance calls for comparable EPS growth of 9-10% and free cash flow near $12.4B.
Net debt is 1.4 times EBITDA, well below the company’s 2 to 2.5 times target range. That leaves capacity for buybacks on top of a dividend raised for 63 consecutive years. With a beta of 0.318, the stock offers growth with low volatility.
A 5.27% Treasury Makes a 2.47% Yield Hard to Defend The forward dividend yields about 2.47%, roughly 2.8 points below Treasuries. The trailing P/E of 26, PEG near 4, and price-to-free-cash-flow of 70 leave little buffer.
Recent strength came partly from temporary factors. Management credited an easier comparison and the World Cup; two-year volume growth was just 2%. EPS guidance leans on a three-point currency tailwind. The fourth quarter has six fewer days, and Asia Pacific price/mix fell 9%.
Best Execution Meets a Full Price The business is performing well: share gains in every region, expanding margins, and rising cash flow. A forward P/E of 25 while bond yields sit at high levels leaves little valuation buffer.
The stock trades below its $88.02 50-day average and above its $80.09 200-day average. The next two earnings reports, the Africa bottling sale closing, and the IRS ruling will decide which way it breaks.
Coca-Cola Has Beaten the Market This Year, but It Has Lagged Over a Decade Shares trade at $85.81, against a consensus target of $94.65 from 24 analysts. That implies about 10.3% upside. Analyst targets are one data point, and they carry no guarantee. The ratings break down as follows:
Best Buy: 7 Buy: 12 Hold: 4 Best Sell: 1 Year to date, the stock is up 25.14%, while the S&P 500 has gained 13.98%. Over one year, the stock has gained 31.91% against 16.16%. The past month reversed that lead: the stock fell 1.98% as the index rose 0.92%. Over 10 years, the stock returned 180.39% against the index’s 261.45%.
What Could Shift Coca-Cola’s Valuation Case At $85.81, Coca-Cola’s valuation already reflects its strengths.
Fundamentals support a premium, and the stock already charges one. A move toward the 200-day average, or a meaningful drop in Treasury yields, would strengthen the valuation case. A post-World Cup volume stall or an adverse IRS ruling would hurt the investment case.
Watch whether volume holds without the World Cup boost, how much EPS growth comes from currency, and how management handles the six-day calendar gap. The stock’s 2.47% yield trails Treasuries, and a full multiple leaves the stock exposed to weakness if comparisons get harder.
Coca-Cola is performing at a high level, but at this price investors are paying for that safety upfront.
Contact [email protected] for any questions or corrections.
Coca-Cola vyplatila čtvrtletní dividendu 0,53 USD na akcii a pokračuje tak už 63. rokem růstu dividendy v řadě. Firma zároveň zvýšila výhled volného cash flow na zhruba 12,4 miliardy USD.
Coca-Cola just cut another quarterly check to shareholders, but the real story is what the payout reveals about the company's financial strength, its ongoing IRS battle, and whether 64 consecutive years of dividend raises are in jeopardy.
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Coca-Cola (NYSE:KO | KO Price Prediction) shareholders received $0.53 per share on October 1, 2026. The board declared the dividend on July 15, 2026, and the ex-dividend date was September 15, 2026. Shares held before that date earned the dividend. Buyers from that date forward must wait for the next quarter.
The payout for this quarter is the same as the prior quarter’s. The annual raise came earlier in the year, so this check adds one more quarter to one of the longest dividend records on the market.
Dividend Scorecard: Payment, Pace, and Price Metric Figure Quarterly dividend paid October 1, 2026 $0.53 Same-quarter payment a year earlier (October 1, 2025) $0.51 Trailing 12-month dividends per share $2.10 Annualized forward dividend rate $2.12 Share price (close, October 1, 2026) $86.10 Trailing dividend yield 2.5% The forward rate of $2.12 runs ahead of the trailing total of $2.10, because the higher quarterly rate has not yet been in place for a full four quarters.
The yield is moderate. The stock has gained 24.6% year to date and 30.3% over the past year, and that rally has pulled the yield lower even as the payout grew. Shares trade at about 26 times trailing earnings and 25 times forward earnings. They trade between a 52-week low of $65.84 and a high of $92.49.
Safety Check: Earnings and Cash Flow Cover the Payout Coverage matters more than yield here, and the coverage numbers hold up. Trailing diluted EPS is $3.33, well above the $2.10 in dividends paid per share over the same stretch. In the quarter ended June 30, 2026, Coca-Cola earned $4.43 billion in net income and paid $2.28 billion in common dividends.
Furthermore, operating cash flow reached $5.52 billion in the second quarter against capital spending of $418 million. Management reported first-half free cash flow of “approximately $6.9 billion,” up from the prior year. Full-year free cash flow guidance is about $12.4 billion, raised from $12.2 billion. For scale, the company paid $8.78 billion in dividends during all of 2025.
There is a caveat. Reported operating cash flow for 2025 was $7.41 billion, below the dividend outlay. The shortfall came from a one-time item: the Fairlife contingent consideration payment made in the first quarter of 2025, which drove operating cash flow in that quarter to negative $5.20 billion. Cash generation in the four quarters since then points to a business that funds its dividend from ongoing operations.
Balance Sheet Leaves Room to Spare As of June 30, 2026, Coca-Cola held $12.91 billion in cash and equivalents against $43.54 billion in total debt. Shareholder equity rose to $36.15 billion at the end of 2025 from $32.17 billion in the prior year. Management put the leverage figure in context during the July earnings call:
Our balance sheet remains strong with our net debt leverage of 1.4 times EBITDA, which is below our target range of 2 to 2.5 times. Given the momentum of our business and the strength of our balance sheet, we have increased flexibility and optionality to continue to both reinvest in our business and return capital to share owners.
63 Straight Years of Raises Behind This Payment Coca-Cola had raised its dividend for 63 consecutive years through 2025. The move from $0.51 to $0.53 per quarter shows the 2026 increase went through on schedule. That record puts Coca-Cola well past the 50-year mark that defines a Dividend King.
Total cash paid to shareholders has risen steadily, from $7.25 billion in 2021 to $7.62 billion in 2022, $7.95 billion in 2023, $8.36 billion in 2024, and $8.78 billion in 2025. Over the same period, the share count edged down from 4.34 billion to 4.31 billion, so each remaining share captures a slightly larger portion of the payout.
Operating Momentum Supports the Next Raise The dividend is backed by a growing business. Second-quarter EPS of $0.97 beat the $0.9323 consensus estimate. Revenue of $13.38 billion rose 6.7% year over year. Operating margin expanded to 34.9% from 34.1%, and global unit case volume grew 5%, with Coca-Cola Zero Sugar up 16%.
The company raised its 2026 outlook and now expects comparable EPS growth of “9 to 10% versus $3 in 2025,” along with organic revenue growth of “approximately 5%.” Chief Executive Henrique Braun said, “I’m confident we are well positioned to deliver on our raised 2026 guidance.” Some institutional investors see value at current levels. A Fidelity fund manager recently told Barron’s that Coca-Cola shares look like bargains.
What Income Holders Should Track Next IRS tax dispute: Coca-Cola presented oral arguments before the 11th Circuit Court of Appeals in June, and management said, “the timing of a decision from the appellate court is unknown at this stage.” A win would give the company access to funds already deposited with the IRS. A loss is laid out in its financial statements. Third-quarter earnings report: Management expects concentrate shipments to lag unit case volume by a point in the third quarter, which could make reported growth look softer than underlying demand. Free cash flow delivery: Hitting the $12.4 billion target would leave dividend coverage comfortable going into the next annual increase decision. Consumer pressure: Management noted that lower-income consumers remain under pressure in North America and globally, a factor that bears on volume. Income investors can take comfort knowing that earnings cover the dividend with room to spare, 2026 free cash flow is on track to exceed the full annual payout, leverage remains below management’s own target, and more than six decades of continuous increases stand behind each quarterly check. Also, the yield is moderate after a strong run in the stock.
Contact [email protected] for any questions or corrections.
Coca-Cola ve 2. čtvrtletí 2026 zvýšila objem prodeje o 5 % díky růstu napříč regiony a téměř všemi kategoriemi nápojů. Pomohly i lepší počasí, snadnější srovnání a aktivace kolem FIFA World Cup.
Key Takeaways KO's Q2 unit case volume rose 5%, with growth across operating units and nearly all beverage categories.Coca-Cola gained from stronger execution, favorable weather, easier comparisons and FIFA World Cup activation.Coca-Cola uses revenue growth management, package sizes, brands and price points to reach different occasions. The Coca-Cola Company’s (KO - Free Report) broad-based global volume growth is being supported by stronger execution across markets, portfolio breadth, innovation and disciplined revenue growth management. In the second quarter of 2026, the unit case volume increased 5%, with growth across operating units and nearly all beverage categories.
Management noted that favorable weather in certain markets, easier year-ago comparisons and the FIFA World Cup activation also contributed to the quarterly performance. On a two-year basis, volume growth was 2%, suggesting that the underlying trend remains more moderate than the headline quarterly increase.
Regionally, momentum was widespread. North America volume increased 3%, helped by growth across Trademark Coca-Cola, fairlife, Powerade, FRESCA, Gold Peak, smartwater and Simply. Latin America gained both value and volume share, while EMEA posted unit case volume growth across every operating unit. The Asia Pacific also delivered volume growth across all operating units and nearly all beverage categories, supported by investments aimed at expanding the consumer base.
Coca-Cola’s consumer-centric approach is another key driver. The company is using revenue growth management to balance affordability and premiumization, tailoring package sizes, brands and price points to different occasions.
FIFA World Cup activation added momentum, contributing to 5% Trademark Coca-Cola volume growth and 8% Powerade growth globally. Innovation, including the Mr. Pibb relaunch and Sprite and Tea, is also helping broaden demand. Management emphasized that the World Cup was only one factor, with the broader improvement reflecting stronger capabilities across more markets, brands and categories.
Volume Growth for Peers: PEP & KDPAmong Coca-Cola’s key beverage peers, PepsiCo Inc. (PEP - Free Report) and Keurig Dr Pepper Inc. (KDP - Free Report) are also navigating a mixed demand environment, with volume trends shaped by category exposure, consumer spending patterns and brand-level execution.
PepsiCo’s global volume growth is being fueled by strong international demand, portfolio innovation and wider consumer choice. In the second quarter, global convenient foods organic volume rose 3%, while global beverages increased 2%. International Beverage Franchise volume climbed 5%, supported by strength across several emerging markets. PepsiCo is also expanding functional, zero-sugar and permissible offerings, while sharpening affordability and price-pack architecture to reach more consumers.
Keurig Dr Pepper’s volume growth is being driven largely by strength in U.S. Refreshment Beverages and international markets. U.S. Refreshment Beverages posted 6.5% volume-mix growth, led by carbonated soft drinks, energy, water and sports hydration, with Dr Pepper Zero Sugar, Bloom, GHOST and Electrolit contributing. International volume mix also rose 6.5% year over year, supported by improving trends in Mexico and broad-based beverage growth in Canada.
Zacks Rundown for Coca-ColaKO shares have rallied 32.9% in the past year compared with the industry’s 19.3% growth.
Image Source: Zacks Investment Research
From a valuation standpoint, Coca-Cola is trading at a forward price-to-earnings ratio of 25.34X, higher than the industry’s 18.95X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for KO’s 2026 and 2027 earnings implies year-over-year growth of 9.7% and 7.1%, respectively. Earnings estimates for 2026 have been unchanged in the past 30 days, while earnings estimates for 2027 have moved up by a penny in the past 30 days.
Image Source: Zacks Investment Research
Coca-Cola currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Coca-Cola ve 2. čtvrtletí překonala odhady: upravené EPS bylo 0,97 USD při tržbách 13,38 mld. USD a management zvýšil celoroční výhled růstu srovnatelného EPS na 9 % až 10 %.
Akcie letos přidaly 28,05 %, ale autor varuje, že už započítávají hodně optimismu.
Coca-Cola has beaten earnings estimates ten quarters in a row, raised its dividend for the 63rd straight year, and outpaced the S&P 500 by a wide margin. So why might right now be exactly the wrong moment to buy?
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Coca-Cola (NYSE:KO | KO Price Prediction) trades at $87.82. The stock has climbed 28.05% this year, pricing in perfect execution ahead.
Coca-Cola sells beverage concentrates and syrups to bottlers worldwide, a capital-light model that produced a 34.9% operating margin last quarter. Second-quarter adjusted EPS of $0.97 beat the $0.92 estimate. Revenue rose 6.74% to $13.38 billion, and management raised full-year comparable EPS growth guidance to 9% to 10%.
Ten Straight Beats and a Higher Outlook Power the Bull Case Coca-Cola has topped EPS estimates in each of the last ten quarters. Global unit case volume rose 5% and Coca-Cola Zero Sugar volume jumped 16%. Trademark Coca-Cola posted its highest volume growth in 17 years. Currency boosts worth about three points of comparable EPS growth and free cash flow guidance of about $12.4 billion support the bull case.
The company raised its dividend for the 63rd consecutive year, putting it in rare company (we ranked ten Dividend Kings by valuation in a free report here). Its beta of 0.342 means the stock moves far less than the market. It trades at 25 times forward earnings, below its trailing multiple of 26. 19 of 24 analysts rate the stock a Buy or Strong Buy.
Premium Multiple Meets Tougher Second-Half Comparisons The PEG ratio is 4, meaning investors pay a premium for mid-single-digit organic growth. The stock trades near 71 times free cash flow, a free cash flow yield of only about 1.4%. Debt-to-equity of roughly 1.47 adds leverage to a stock owned for safety.
The second half faces challenges. The fourth quarter has six fewer days than a year ago. The African bottling sale will cut comparable EPS by about 1%. In Asia Pacific, price/mix fell 9%. India lost value share, and management warned that “in China, sentiment remains cautious, and spending continues to be selective.”
Highest Execution Collides With a Full Valuation Operating results show no reason to sell. Margins are growing, the company gained share in every region, and net debt of 1.4 times EBITDA is below its target range. The stock already reflects this strength, trading about 4.5% below its 52-week high of $91.94.
A drop toward the 200-day moving average of $79.61 would improve the entry point. A guidance cut or a loss in the tax case would weaken the thesis.
Coca-Cola trades at $87.82. The average analyst price target is $94.70, which implies about 7.8% upside. Price targets are only one data point, and they often miss. Coverage from 24 analysts breaks down as follows:
The stock is up 28.05% this year versus 13.11% for the S&P 500. Over one year it is up 36.64% against 17.22% for the index. Over the past month, Coca-Cola fell 1.94% while the index gained 0.69%.
Why Coca-Cola Earns a Hold Until Something Changes At $87.82, the risk/reward looks balanced.
The company has earned its reputation, but the stock’s big lead over the market has already priced in its strengths. If you wait, you give up modest upside to the target plus a 2.36% dividend yield. If you buy now, you pay 26 times trailing earnings just as the calendar and the African sale start to weigh on results.
Watch each quarter ahead. The third-quarter report should show organic growth near the 5% guidance. The fourth quarter will test margins after the African bottling business is handed off. The tax ruling could come within management’s six to 12 month estimate.
Coca-Cola is a high-quality operator trading at a price that leaves little room for execution stumbles, which frames the current setup for investors considering entry timing.
Contact [email protected] for any questions or corrections.
Coca-Cola zvýšila dividendu už 64. rok v řadě, i když objem prodeje za deset let vzrostl jen asi o 16 %. Tahounem byly vyšší marže a ceny, ne větší objem.
In 2015, Coca-Cola (KO -0.33%) and its bottling partners (what the company calls the Coca-Cola system) sold 29.2 billion unit cases of its drinks. A unit case is the company's standard volume measure, equal to 24 eight-ounce servings.
In 2025, the system sold 33.8 billion unit cases. In total, the system's volume grew about 16% over those ten years, or about 1.5% a year. And soda is still most of what the company sells: sparkling soft drinks made up 69% of those cases last year.
The dividend hasn't crept along like that. Coca-Cola paid $1.32 per share in 2015 and pays $2.12 today -- an increase of 61%, with a raise in every single year along the way. February's boost of about 4% marked the company's 64th consecutive annual increase.
But if volume barely moves, what has been paying for all those raises?
Image source: The Motley Fool.
Higher margins have funded the raisesCoca-Cola became a different business over those ten years. A decade ago, the company still owned a big chunk of its bottling operations, which kept billions of dollars of low-margin bottling revenue on its books.
Between 2016 and 2018, it handed most of those operations back to independent bottlers (a process the company calls refranchising), keeping the concentrate sales and the brand economics for itself.
The numbers show how much that changed. Revenue was $44.3 billion in 2015. By 2018, with most of the bottling businesses gone, it was down to $31.9 billion -- and by 2025 it had climbed back to $47.9 billion. Operating income, meanwhile, ended that stretch much higher, at $13.8 billion in 2025 versus $8.7 billion a decade earlier. And the company's operating margin expanded to about 29% from about 20% over that stretch.
In other words, Coca-Cola sells barely more product than it did ten years ago, but it keeps a much bigger share of every dollar. I'd argue that shift, more than anything happening in the soda aisle, is what has kept the raises coming.
Price and mix did the rest. Last year, organic revenue grew 5% while global unit case volume was even.
Four points of that growth came from price and mix (higher prices plus shifts in which products sell), and 1 point came from concentrate sales. In short, most of last year's underlying growth came from price and mix rather than from more cases.
Can the streak keep going?Last year, the dividend cost Coca-Cola $8.8 billion. Free cash flow came in at $5.3 billion, or $11.4 billion excluding a large one-time payment tied to the company's fairlife acquisition.
This year, the numbers look even better. Management expects about $12.4 billion of free cash flow in 2026, and the dividend should cost a little over $9 billion at the new rate, or nearly three-quarters of the expected cash.
On that math, the raises could continue for years to come.
Volume has even picked up lately. In the second quarter, reported in late July, unit case volume grew 5% year over year, an acceleration from 2025, when volume didn't grow at all. Growth came from Trademark Coca-Cola along with water, sports drinks and tea. Revenue rose 7% year over year to $13.4 billion.
Even more, management now expects organic revenue growth of about 5% this year, the high end of its earlier range. CEO Henrique Braun said in the earnings release that the company "leveraged our powerful brands and system to gain value share" -- share of the money spent, not just of the cases sold.
Dependability is already priced inBut the stock already reflects a lot of that dependability. As of this writing, shares trade at about $88, not far from their 52-week high of $92.49.
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The stock trades at about 25 times earnings, and the dividend yields 2.4% at the stock's current price.
That's a lot to pay for a business whose underlying growth runs in the mid-single digits. Sure, Coca-Cola has been raising prices for decades, and it can likely keep doing so. But a few points of price and mix a year is already baked into the valuation, not a bonus on top of it.
Ultimately, the streak looks about as safe as dividend streaks get. The company generates more than enough cash to cover the payout, and pricing has done the growing for years now.
But safety and value aren't the same thing. At 25 times earnings and a 2.4% yield, buyers today are paying a premium for the dependability. I think the dividend will keep growing. I just wouldn't pay this price for it.
Coca-Cola díky modelu prodeje koncentrátu a sirupu s nízkými kapitálovými nároky dál pohodlně kryje dividendu. Management čeká za celý rok 2026 volný peněžní tok přibližně 12,4 miliardy USD.
Coca-Cola has raised its dividend for over 60 consecutive years, yet the structural reason it can keep doing so stays hidden in plain sight. Understanding one quiet business decision explains everything about where that quarterly check actually comes from.
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Coca-Cola’s quarterly check arrives with the reliability of a utility bill in reverse. The next one lands October 1, 2026 at $0.53 per share, an amount the company has been paying out every 90 days without visible strain. The reputation is well earned. The mechanics behind it are worth understanding.
Coca-Cola (NYSE:KO | KO Price Prediction) mostly sells concentrate and syrup to a network of bottling partners who handle the capital-heavy work of manufacturing, filling, and distribution. That structural choice is the entire story. It is why gross margin runs at 61.63% and operating margin at 28.71%, and why capital expenditures are tiny relative to sales.
Cash Conversion in Plain Numbers Management guided full-year 2026 free cash flow to approximately $12.4 billion, consisting of roughly $14.6 billion in cash from operations less about $2.2 billion of capex. On the Q2 earnings call, CFO John Murphy and CEO Henrique Braun reported free cash flow of approximately $6.9 billion already in the books, with net debt leverage at 1.4 times EBITDA, below the company’s target range of 2 to 2.5 times.
Against that, dividends paid in 2025 totaled $8.779 billion. The 2026 payment stream sits at $2.281 billion per quarter. Guided free cash flow covers that obligation with meaningful room, and 2025’s coverage was tighter only because of a large fairlife contingent consideration payment that management said normalizes going forward.
How KO Compares to Its Peers PepsiCo (NASDAQ:PEP) is the obvious comparison and a fundamentally different animal. Pepsi owns Frito-Lay and Quaker, and it runs a much larger owned-bottling operation. That mix generates more absolute revenue but lower structural margins and higher reinvestment needs. Keurig Dr Pepper (NASDAQ:KDP) is a North American-heavy hybrid with pods and cold beverages, a shorter dividend history, and a lower yield ceiling. Coca-Cola’s asset-light model is why its return on equity sits at 45.97%. Neither peer produces that.
Payout Math That Income Holders Should Track Trailing diluted EPS is $3.33. The annualized forward dividend is $2.12 per share. That is a high payout ratio by any read, and it is the single most important risk to flag for an income holder (the warning signs that a big yield is about to be cut are the whole subject of our free dividend traps guide). If comparable EPS growth of 9% to 10% versus $3 in 2025 materializes as guided, the ratio compresses. If earnings soften, the cushion is not deep.
Concrete Risks Facing the Dividend Foreign exchange, long a headwind, has flipped. Management now expects an approximate three-point currency tailwind to comparable earnings per share for full-year 2026. That reverses quickly if the dollar strengthens. On the sugar shift, the portfolio has responded: Coca-Cola Zero Sugar volume grew 16% in Q2, and stills like fairlife, Powerade, and smartwater are pulling weight. There are also live overhangs, including a $960 million BODYARMOR trademark impairment in Q4 2025 and ongoing IRS tax litigation now sitting at the 11th Circuit Court of Appeals.
Braun’s summary on the call:
“We are really confident that we have many levers to deliver on our objectives in 2026 and over the long term.”
The verdict for an income holder: the payment is funded, and it is funded by a concentrate model that throws off cash without needing much capital back. Coverage from guided free cash flow is comfortable. The earnings-based payout ratio is the number to watch.
Contact [email protected] for any questions or corrections.
Značka Coca-Cola ve 2. čtvrtletí 2026 zvýšila objem meziročně o 5 %, což byl nejsilnější růst za 17 let. Coca-Cola ale varuje před náročnějšími srovnáními v druhé polovině roku.
Key Takeaways Coca-Cola's Trademark brand posted 5% volume growth in Q2'26, its strongest increase in 17 years.KO is using innovation, package sizes and price points to address affordability and premiumization.Coca-Cola faces tougher second-half comparisons, with two-year volume growth running at about 2%. The Coca-Cola Company’s (KO - Free Report) sparkling soft drink business continues to benefit from strong brand equity, targeted innovation and broad-based consumer engagement. In the second quarter of 2026, Trademark Coca-Cola delivered 5% year-over-year volume growth, marking its strongest quarterly increase in 17 years, excluding the COVID recovery period.
Management attributed part of this momentum to the FIFA World Cup activation, which helped deepen consumer engagement across markets. Sprite also gained momentum in Asia and the Middle East, while Coca-Cola continued expanding Coca-Cola Zero Zero into additional markets after encouraging results in Europe.
Innovation and revenue growth management are also supporting the category. In North America, Coca-Cola reported strong volume growth across several brands, including Trademark Coca-Cola and FRESCA, while the relaunched Mr. Pibb posted volume growth of more than 20%. The company is using different package sizes and price points to address both affordability and premiumization, including mini cans in retail and convenience channels. Management believes these initiatives are helping keep brands relevant as lower-income consumers remain pressured and increasingly focus on value.
Sustaining this momentum, however, will require Coca-Cola to navigate tougher comparisons and an uneven consumer backdrop. Management noted that second-half comparisons will become more difficult and cautioned against extrapolating one quarter’s strong volume performance, with two-year volume growth running at about 2%. Still, continued innovation, disciplined revenue growth management and investment behind consumer engagement provide important levers for supporting durable sparkling beverage growth.
How Are Sparkling Soft Drinks Supporting PEP & KDP Growth?PepsiCo, Inc. (PEP - Free Report) and Keurig Dr Pepper Inc. (KDP - Free Report) are also leaning on their sparkling soft drink portfolios, supported by brand strength, innovation and evolving consumer preferences, to sustain beverage growth.
PepsiCo’s sparkling soft drink business is benefiting from strength in zero-sugar and flavored offerings. In second-quarter 2026, Pepsi Zero Sugar, Pepsi Wild Cherry & Cream, Mountain Dew Zero Sugar and Mug Root Beer each gained both value and volume share. Still, sustaining growth may prove challenging as North America beverage organic volume declined 4%, highlighting broader category softness and consumer pressure.
Keurig Dr Pepper’s sparkling soft drink business remains a key growth driver, supported by strong brand momentum and innovation. In the second quarter of 2026, Dr Pepper Zero Sugar retail sales jumped nearly 30%, while Canada Dry posted double-digit retail sales growth. Bloom Pop also gained share in prebiotic CSDs. However, tougher comparisons could moderate growth in the second half despite continued portfolio strength.
Zacks Rundown for Coca-ColaKO shares have rallied 26% in the year-to-date period compared with the industry’s 14% growth.
Image Source: Zacks Investment Research
From a valuation standpoint, Coca-Cola is trading at a forward price-to-earnings ratio of 25.44X, higher than the industry’s 19.2X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for KO’s 2026 and 2027 earnings implies year-over-year growth of 9.7% and 7.1%, respectively. Earnings estimates for 2026 have been unchanged in the past 30 days, while the EPS estimate for 2027 moved up by a penny in the past 30 days.
Image Source: Zacks Investment Research
Coca-Cola currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Coca-Cola neplánuje investovat dodatečných 10 miliard USD; většina investic do americké infrastruktury je už dříve plánovaná nebo připadá na stáčírny. Firma letos čeká kapitálové výdaje ve výši 2,2 miliardy USD.
Coca-Cola (KO -1.28%) recently made headlines by announcing plans to invest $10 billion in U.S. infrastructure by 2030. However, the headline number is systemwide spending, including its bottling partners.
Here's a quick look at Coca-Cola's investment spending plans.
Image source: The Motley Fool.
Firming up its current plans, not necessarily adding to themCoca-Cola currently plans to invest $2.2 billion in capital expenditures this year. That's up slightly from the $2.1 billion in spend last year. If it maintained that spending rate for the five-year plan period, that's $11 billion in capex. Meanwhile, total systemwide capex was around $8 billion last year. That would put total systemwide capex at around $40 billion over the next five years if it maintained last year's spending rate.
The company provided a bit more detail on its $10 billion planned U.S. infrastructure investment in a press release. Coca-Cola stated that it includes new or expanded production, distribution, and office facilities, with most of those projects previously announced. In other words, this is primarily money the company was already planning to spend; it just firmed up where it will invest this capital over the next five years.
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This means the company should continue to generate strong, growing free cash flow over the next five years. It's on track to produce $12.4 billion in free cash flow after capital spending this year. That easily covers its dividend, which totaled $8.8 billion last year (73% of its $12 billion in free cash flow). The excess free cash flow is enabling Coca-Cola to strength its already rock-solid balance sheet.
Coca-Cola isn't planning to spend an additional $10 billion over the next few years. While its capital spending is growing, most of this investment is already planned or at the bottler level. That means it should maintain its financial strength as it continues to increase its dividend, a streak it has maintained for 64 consecutive years. The beverage giant remains a solid investment for those seeking steady dividend growth.
Matt DiLallo has positions in Coca-Cola. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Warren Buffett has held Coca-Cola since 1988, and after a 35% run over the past year, most investors assume the opportunity has passed. Our model disagrees, and the reason comes down to one number buried inside the latest earnings report.
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Coca-Cola (NYSE:KO | KO Price Prediction) has been Warren Buffett’s largest and longest-held equity position since 1988, and the beverage giant is finally getting the market’s attention again. Shares have climbed 28.24% year to date and 35.86% over the past year. My proprietary model still sees more room to run, though the easy money has already been made.
Metric Value Current Price $87.94 24/7 Wall St. Price Target $97.16 Upside 10.1% Recommendation BUY Confidence Level 90% Our 24/7 Wall St. price target for Coca-Cola is $97.16 over the next 12 months. That is a buy call with high confidence, driven by durable brand strength, expanding margins, and a raised full-year guide.
The upside is modest at roughly 10%, but layered on top of a 2.31% dividend yield, total return still looks compelling for a mega-cap defensive.
World Cup Momentum and a Raised Guide KO trades just below its 52-week high of $91.94 and well above the 52-week low of $63.66. Shares are up 0.2% over the past week but down 2.09% in the past month as the stock consolidates recent gains.
Q2 2026 was the fifth straight EPS beat, with adjusted EPS of $0.97 versus $0.9323 estimated on revenue of $13.38 billion (+6.74% year over year). Global unit case volume rose 5%, aided by a FIFA World Cup activation spanning 180+ markets. Management raised full-year comparable EPS growth guidance to 9% to 10% and free cash flow to roughly $12.4 billion.
Why Bulls See a Breakout Ahead The bull case leans on Coca-Cola Zero Sugar volume up 16%, Latin America revenue growing 16%, and operating margin expansion to 34.9%.
Trademark Coca-Cola volume delivered its strongest growth in 17 years excluding COVID recovery. Our bull-case scenario points to $101.57, a 15.1% total return, if the raised guide holds and fairlife capacity ramps at Webster.
Risks Worth Watching Bears will point to the $960 million BODYARMOR impairment booked in Q4 2025, ongoing IRS tax litigation, value-share loss in India, and six fewer selling days in Q4 2026.
The bear case forecast is $85.20, a 3.46% pullback. That said, the impairment was non-cash, and the concentrate-shipment lag is a timing issue rather than a demand problem.
How Coca-Cola Compares to PepsiCo and Keurig Dr Pepper PepsiCo (NASDAQ:PEP) is the direct rival. PEP trades at a forward P/E of 14x with a 4.3% dividend yield, materially cheaper than KO’s 28 trailing P/E. However, PEP’s quarterly revenue growth of 6.4% trails KO, and PepsiCo lacks the margin expansion story.
Keurig Dr Pepper (NASDAQ:KDP) trades at a forward P/E of 12x with an operating margin of 12.9%, well below KO’s 28.71%.
Company Forward P/E Dividend Yield Coca-Cola 26 2.31% PepsiCo 14 4.3% Keurig Dr Pepper 12 2.93% Coca-Cola Price Prediction 2026-2030 The 24/7 Wall St. price target of $97.16 supports a buy at 90% confidence. The tipping factor is the raised guidance combined with 63 consecutive years of dividend increases. KO fits a defensive compounding profile at a fair premium, while PEP offers double-digit growth at a value multiple.
Year 24/7 Wall St. Price Target 2026 $90.43 2027 $97.26 2028 $104.59 2029 $111.77 2030 $119.75 These projections assume Coca-Cola sustains its 4% to 6% long-term growth algorithm. Meaningful upside or downside could come from the IRS tax ruling and fairlife’s ramp.
Contact [email protected] for any questions or corrections.
Sixty-three consecutive years of dividend raises sounds like the definition of a winning investment, yet one number hiding in the ten-year return tells a more complicated story about what patient Coca-Cola shareholders actually gave up.
Sixty-Three Years of Dividend Raises and Counting If you bought Coca-Cola (NYSE:KO | KO Price Prediction) a decade ago, you bought a business that has spent the intervening years quietly reinventing its balance sheet while doing what it always does: raising the dividend. 2025 marked the 63rd consecutive year of dividend increases, cementing Coca-Cola’s status as a dividend king.
The past two years have been eventful. CEO James Quincey handed the reins to Henrique Braun in 2026, and the company has pushed hard on refranchising bottlers, including a pending sale of Coca-Cola Beverages Africa. Q4 2025 absorbed a $960M BODYARMOR impairment, but 2026 has been a different story. Q2 delivered EPS of $0.97, revenue of $13.38B (+6.7% YoY), and 5% unit case volume growth, aided by the FIFA World Cup marketing push. Management now guides to comparable EPS growth of 9% to 10% for the year.
Your $1,000 Beat the Market on Two of Three Horizons 1-Year Return
Initial Investment: $1,000 Total Return: 37.16% (from $64.49 to $88.45) S&P 500 (same period): 15.08% 5-Year Return
Initial Investment: $1,000 Total Return: 85.01% (from $47.81 to $88.45) S&P 500 (same period): 70.08% 10-Year Return
Initial Investment: $1,000 Total Return: 186.21% (from $30.90 to $88.45) S&P 500 (same period): 256.45% Those figures are price only. A decade ago the quarterly dividend was $0.35. Today it is $0.53, paid every quarter without interruption through the 2020 pandemic and the 2022 rate shock. A reinvested-dividend total return meaningfully closes the gap with the S&P 500 over ten years and pushes the 1-year and 5-year numbers further ahead of the index (we ranked ten Dividend Kings like KO by valuation right now in a free report). That is the case for income investing in one chart: the payout kept climbing while the share count in a DRIP account kept compounding.
A Low-Beta Compounder for Income-Focused Portfolios The bull case for Coca-Cola rests on a low-beta (0.342) profile, a 2.30% yield, and a 63-year raise streak that anchors income-focused portfolios. Supporting that view: pricing power, expanding operating margins near 35%, an asset-light refranchising tailwind, and FCF guided to ~$12.4B in 2026.
The bear case centers on valuation. A P/E of 29 and P/FCF of 72 leave little room for error, and GLP-1 drugs, water regulation, and the unresolved IRS tax fight are real overhangs. Shares trade near the $91.94 52-week high, well above the 200-day moving average of $78.77. For income investors near retirement, the dividend remains the central thesis.
Contact [email protected] for any questions or corrections.
Coca-Cola je poblíž historických maxim, ale klíčovým ukazatelem zůstává růst globálního objemu prodeje. Ve druhém čtvrtletí vzrostl o 5 %, zatímco trh sleduje, zda si tempo udrží.
Coca-Cola just outpaced the S&P 500 by a wide margin and sits near all-time highs, but one operating metric buried beneath the EPS headlines will determine whether the rally holds or quietly falls apart.
Coca-Cola (NYSE:KO | KO Price Prediction) at $89.37 is a Hold, and the reason lies in one operating number most investors under-weight in favor of earnings per share. The beverage giant sits just under its 52-week high of $92.49 after a year-long rally that has left the S&P 500 far behind.
Coca-Cola is the world’s largest beverage company, with a portfolio spanning Trademark Coke, Sprite, Powerade, fairlife, Costa, and Topo Chico. Under new CEO Henrique Braun, who took over in Q1 2026, the company has leaned into an asset-light bottling model, aggressive Zero Sugar expansion, and a FIFA World Cup activation running across more than 180 markets. Five straight EPS beats and two guidance raises have done the rest.
Why the Bull Case Still Has Room Operating momentum in Q2 2026 was broad. Global unit case volume grew 5%, Coca-Cola Zero Sugar jumped 16% across every geographic segment, and Trademark Coke rose 5%. Revenue grew 6.74% year over year to $13.38 billion, net income climbed 16.14%, and operating margin expanded to 34.9% from 34.1%.
Management raised the full-year free cash flow target to roughly $12.4 billion and lifted comparable EPS growth guidance to 9% to 10%. Analyst sentiment sits at 79% bullish versus only 4% bearish. For a defensive name with a beta of 0.34, that is a rare combination.
Where the Bear Case Bites At 29x trailing earnings and a P/B of 12, Coca-Cola trades at a premium that leaves no room for a volume stumble. The Q2 volume beat flattered by an easier prior-year comparison, and management admitted the two-year average volume growth was just 2%. Asia Pacific price/mix fell 9%, and the company lost value share in India.
Bears also point to the $960 million BODYARMOR impairment, ongoing IRS tax litigation, a fairlife cybersecurity incident, and Q4 2026 carrying six fewer selling days than Q4 2025. A free cash flow yield of 1.38% is thin at this multiple.
Why Patience Beats Conviction Here The picture is still unsettled. Braun is new, the African bottler divestiture has not closed, and the FIFA tailwind will not repeat. The stock has priced in successful execution but not the volatility of proving it quarter after quarter.
Price, Target, and the Benchmark Gap Shares currently trade at $89.37, up 29.55% year to date and 37.17% over the past year, well ahead of the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) at 11.57% YTD and 15.73% one-year returns. The analyst consensus target sits at $94.70 across 24 covering analysts, implying roughly 6% upside. Targets are one input, not a guarantee.
Coverage skews positive: 7 Strong Buy, 12 Buy, 4 Hold, 0 Sell, and 1 Strong Sell. The $0.53 quarterly dividend extends a 63-year streak of annual increases and yields 2.28% at the current price. That streak puts Coca-Cola in a very small club (we ranked ten Dividend Kings by valuation in a free report here).
Verdict on Coca-Cola at $89.37 At $89.37, Coca-Cola rates as a Hold.
The single most important number to track from here is global unit case volume growth, not EPS. Comparable earnings are being flattered by a 3% currency tailwind, a lower effective tax rate, and the African re-franchising. Strip those out, and Coca-Cola’s ability to grow physical demand is the only thing that justifies a 29x multiple on a beverage business.
The 5% Q2 volume print looks strong, but the two-year stack is only 2%. That is the real reference point. If Q3 and Q4 volume prints hold above 3% on a two-year stack, the current premium is defensible and the stock likely grinds toward the $94.70 target. If volume decelerates back toward 1% to 2%, the multiple compresses and shareholders learn how much of the 2026 rally was cost, FX, and buybacks rather than real demand.
What flips this to a Buy: a two-year volume stack accelerating above 3% alongside developed-market share gains. What flips it to a Sell: a soft Q3 volume number combined with visible North American weakness in a region currently carrying the story. Until then, existing holders collect a 2.28% yield from a low-beta compounder, and new money waits for a better entry. Coca-Cola near its 52-week high deserves respect, but volume growth will decide what happens next.
Contact [email protected] for any questions or corrections.
There are plenty of ways to generate passive income. You could open a high-yield savings account, or buy certificates of deposit, Treasury Bills, bonds, and more. Owning dividend stocks like Coca-Cola (KO +1.20%) can be particularly appealing to long-term investors because of the combination of quarterly dividends and the upside potential of Coke's share price.
Coke's stock price is up 59% over the last five years. But factor in the reinvestment of dividends, and the total return is 82%. Coke offers a middle ground between pure-play passive income vehicles and stocks that don't pay dividends -- giving investors two levers to pull to unlock potential gains.
Coca-Cola will pay a $0.53 per share quarterly dividend on Oct. 1 to shareholders on record as of Sept. 15. The payment marks Coke's third $0.53 cash payment since raising its dividend for the 64th consecutive year. Based on the current annualized payout of $2.12 per share, you'd need 472 shares -- worth $42,174 at the time of this writing -- to generate $1,000 in yearly dividend income.
Here's what's driving Coke to new heights, and why owning enough shares to generate four figures in annual dividend income matters.
Image source: The Motley Fool.
Coke is in a league of its own Coke's recession-resistant business model makes it one of the most reliable dividend stocks on the market. But it's the company's solid margins and earnings growth during a challenging inflationary period of strained consumer spending that has caught the spotlight as of late.
KO data by YCharts
Coke's stock price, revenue, earnings per share, and operating margin are all hovering around 10-year highs. Whereas peers like PepsiCo (PEP +0.01%) are experiencing sluggish growth and margin pressure due to declining demand for packaged foods and snacks.
Coke's success stems from the elite brand value of trademark Coca-Cola, alternatives like Coca-Cola Zero Sugar, and the development of multiple winning non-alcoholic brands across soda, juice, water, sparkling water, tea, coffee, energy drinks, and even milk through Fairlife.
In its latest quarter, Trademark Coca-Cola experienced its highest volume grown in 17 years -- excluding the post-COVID-19 recovery. Coca-Cola Zero Sugar grew sales by 16% and remains Coke's biggest product innovation in decades. It aims to replicate the taste of trademark Coca-Cola, just without the sugar, whereas Diet Coke offers a distinctly different taste. Coca-Cola Zero Sugar perfectly aligns with consumer preference shifts toward healthier alternatives.
Outside of soda, Coke is producing strong volume growth from Powerade, Fresca, Gold Peak, Simply, and Smartwater -- as well as newer brands like Fairlife. Fairlife's lactose-free ultra-filtered milk offers 50% more protein and 50% less sugar than regular milk. And its milk products and flavored protein shakes offer stark differentiation from Coca-Cola's other beverage categories. Coke bought Fairlife in 2020 and grew it into a billion-dollar brand in 2022. Today, Fairlife is one of Coke's fastest-growing brands. It's yet another example of why investors should view Coke more as a marketing, supply chain, and operations juggernaut rather than a pure-play soda specialist.
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Weighing passive income on a long-term scale Coke's stock price is up 28% year-to-date (YTD) -- making it one of the best-performing stocks in the Dow Jones Industrial Average and handily outperforming the S&P 500's 11.9% YTD gain and the Nasdaq Composite's 13.3% rise. Coke's stock price is outpacing its dividend growth -- pushing the yield to a 10-year low of 2.4%. So investors looking to generate $1,000 per year in annual dividend income would have to invest significantly more in Coke today than a few years ago. The good news is that investors can expect their passive income from Coke shares to grow over time.
Coke's earnings growth supports future dividend raises. Investors buying the stock today will gradually see their yield on cost grow. Assuming 5% annual dividend raises, generating $1,000 in annual dividend income would grow to $1,050 in a year, $1,276 in five years, and more than double in 15 years. Making $1,000 a year in dividend income from a single stock is an accomplishment in its own right. But it's the passive income potential of that investment, paired with the potential for price appreciation in the stock, that is especially appealing to long-term investors.
Berkshire Hathaway's (BRKA +0.75%) (BRKB +0.90%) Coca-Cola position illustrates the power of dividend compounding on a multi-decade scale. Warren Buffett first began buying Coke stock in the early 1990s. The position has increased in value severalfold since, and the yield on cost is now just 65% -- meaning the annual dividend income Berkshire collects from Coke is 65% of what it paid for the shares -- a testament to patience and ownership in holding a position over the ultra-long term.
Coke can anchor a passive income portfolio Coke has been one of the best-performing consumer staples stocks in the current operating environment due to its portfolio of established and newer brands and operational prowess. These are the traits that long-term investors look for when choosing stocks to buy and hold through periods of market volatility.
Coke's dividend yield has compressed, and its valuation is at multi-year highs. So the stock is no longer a dirt cheap buy. But Coke still has the makings of a foundational dividend stock for value investors -- especially those looking to generate passive income from a recession-resistant company.
Coca-Cola letos vzrostla o 29 % a obchoduje se za 89,06 USD, čímž se přiblížila psychologické hranici 100 USD. Tahounem byly 6% organické výnosy a zvýšený celoroční výhled EPS.
Coca-Cola stock has left PepsiCo and the entire consumer staples sector in the dust this year, and a single round number now stands between KO and a milestone that would rewrite how investors think about its valuation.
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The Coca-Cola Company (NYSE:KO | KO Price Prediction) has been the standout beverage name of 2026, and the big question is what would carry KO stock the rest of the way to $100. Coca-Cola stock is up 29% year to date and trades at $89.06 in Monday afternoon action, higher by 0.87% on the session. That leaves Coca-Cola shares within striking distance of $100, a key psychological level.
Coca-Cola stock’s run has come against a middling backdrop for its own category. The Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) is up 10% year to date. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY), which tracks the S&P 500 index of large U.S. companies, is up 12% year to date, so staples have trailed the broad market this year rather than led it, and Coca-Cola’s advance reads as a company story more than a sector bid.
Coca-Cola has also outrun its immediate beverage peer group in 2026. PepsiCo (NASDAQ:PEP) stock is down 2% year to date. Keurig Dr Pepper (NASDAQ:KDP) stock is up 16% year to date, leaving Coca-Cola alone at the top of the three-name beverage leaderboard for the year.
What Drove the Year Coca-Cola’s most recent quarter is the hinge for the 2026 story. The company reported organic revenue growth of 6%, and global unit case volume at Coca-Cola rose 5%, with every reporting segment contributing volume growth. Coca-Cola then raised its full-year outlook, guiding comparable earnings per share growth to a 9% to 10% range, above its prior forecast.
The volume story at Coca-Cola looked broad rather than narrow. Trademark Coca-Cola volume rose 5% globally, Coca-Cola Zero Sugar grew 16%, and Latin America led segment revenue growth at 16%. Operating margin at Coca-Cola expanded from the prior-year period as well.
Coca-Cola credited its global FIFA World Cup 2026 marketing campaign with lifting demand for its namesake soda and for Powerade across more than 180 markets. On the earnings call, CEO Henrique Braun stated that Coca-Cola “delivered another strong quarter by staying close to the changing needs of our consumers and customers.” The mix of volume, price and marketing lift is what earned the raised guidance.
The Beverage Peers Tell the Other Half PepsiCo reported in the same quarter that its North American consumer had weakened, with softer sales in both snacks and beverages tied to inflation, gas prices and convenience-channel traffic. Organic revenue growth at PepsiCo was 2.4%, and management said full-year EPS could land toward the low end of guidance. Two companies selling into the same shopper described opposite conditions.
Coca-Cola gained volume where PepsiCo lost it, and the market has paid Coca-Cola for the divergence. Keurig Dr Pepper sits between the two, powered by Dr Pepper Zero Sugar strength and the JDE Peet’s coffee acquisition it closed on April 1, though its U.S. coffee segment softened and it snapped a four-quarter EPS beat streak. That leaves Coca-Cola stock alone at the top of the beverage table for the year, which is why the $100 question attaches to it rather than to a peer.
Company Story Over Sector Trade Coca-Cola stock’s gain reflects the company more than the category. Consumer staples finished the year-to-date period behind the broad market, and Coca-Cola’s own move sits nearly three times the sector fund’s advance. The lift for Coca-Cola came from volume growth and raised guidance, positioning this as an execution story rather than a defensive rotation into staples.
The dividend backdrop reinforces Coca-Cola’s total-return profile even without a $100 print. Coca-Cola’s latest quarterly payment sits at $0.53 per share, and the company reported its 63rd consecutive year of dividend increases with its 2025 results, putting it deep in Dividend Kings territory (we ranked ten of them by valuation in a free report here: 10 Dividend Kings to Buy Now and Hold Forever). That income stream matters less for a same-year breakout than for how much a Coca-Cola position pays while it waits.
What to Watch Getting KO stock across the $100 line most plausibly takes another quarter that looks like the last one. The bull case for Coca-Cola is that volume grew in every reporting segment while its closest competitor described a consumer trading down, and a company raising guidance into that gap is being paid for taking share. The bear case for Coca-Cola is that a stock up nearly a third in nine months on mid-single-digit organic growth has re-rated ahead of the underlying business.
The next scheduled read on Coca-Cola is its Q3 2026 report. Investors can watch for whether Coca-Cola’s volume growth holds at the 5% pace and whether the raised comparable EPS range is reaffirmed or moved again. Position sizing in Coca-Cola shares should reflect that the multiple, more than the fundamentals, has become the swing factor for their exposure.
Contact [email protected] for any questions or corrections.
Corient Private Wealth LP lessened its stake in CocaCola Company (The) (NYSE:KO – Free Report) by 16.3% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 2,432,821 shares of the company’s stock after selling 472,763 shares during the quarter. Corient Private Wealth LP owned 0.06% of CocaCola worth $197,725,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Groupe la Francaise boosted its position in shares of CocaCola by 17.5% during the 2nd quarter. Groupe la Francaise now owns 1,057,942 shares of the company’s stock worth $85,338,000 after acquiring an additional 157,321 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of CocaCola during the second quarter worth about $20,531,000. Financial Insights Inc. increased its position in shares of CocaCola by 23.5% during the second quarter. Financial Insights Inc. now owns 7,201 shares of the company’s stock worth $585,000 after purchasing an additional 1,369 shares in the last quarter. California State Teachers Retirement System increased its position in shares of CocaCola by 7,365.2% during the second quarter. California State Teachers Retirement System now owns 487,509,960 shares of the company’s stock worth $39,619,934,000 after purchasing an additional 480,979,487 shares in the last quarter. Finally, Tanager Wealth Management LLP grew its stake in CocaCola by 13.5% during the 2nd quarter. Tanager Wealth Management LLP now owns 4,168 shares of the company’s stock worth $339,000 after buying an additional 495 shares during the last quarter. 70.26% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets A number of equities analysts have recently commented on the stock. Wells Fargo & Company lifted their target price on shares of CocaCola from $90.00 to $95.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Jefferies Financial Group lifted their price objective on shares of CocaCola from $95.00 to $104.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Seaport Research Partners set a $95.00 target price on shares of CocaCola in a research note on Friday, August 14th. Royal Bank Of Canada increased their price objective on CocaCola from $87.00 to $96.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Finally, HSBC downgraded CocaCola from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $95.76.
View Our Latest Report on CocaCola Insider Buying and Selling at CocaCola In related news, EVP Nancy Quan sold 50,000 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the completion of the sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at approximately $20,186,798.70. This represents a 18.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO John Murphy sold 152,483 shares of the stock in a transaction on Friday, July 31st. The shares were sold at an average price of $87.31, for a total value of $13,313,290.73. Following the completion of the sale, the chief financial officer owned 279,917 shares of the company’s stock, valued at approximately $24,439,553.27. This represents a 35.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 926,620 shares of company stock worth $83,075,714. Corporate insiders own 0.90% of the company’s stock.
Key Headlines Impacting CocaCola Here are the key news stories impacting CocaCola this week:
Positive Sentiment: Analyst estimates moved higher. Zacks Research raised its forecast for third-quarter 2026 EPS to $0.87 from $0.86, while separate coverage reported higher fiscal 2027 EPS estimates. The full-year consensus remains $3.29 per share, reinforcing expectations for steady earnings growth. FY2027 EPS Estimates for CocaCola Lifted by Zacks Research Positive Sentiment: Wall Street sentiment is constructive. A Zacks analysis highlights optimistic analyst recommendations for KO, which can support the stock by encouraging buying interest and signaling confidence in the company’s outlook. Is Coca-Cola a Buy as Wall Street Analysts Look Optimistic? Positive Sentiment: Defensive and dividend appeal remains strong. Coca-Cola is being featured alongside other Dividend Kings and Dividend Aristocrats as a reliable income investment. Its long record of dividend increases may become especially attractive if inflation or economic uncertainty leads investors toward stable consumer-staples companies. 3 Dividend Kings to Buy if the Fed Starts Raising Rates Neutral Sentiment: Recent articles emphasize Coca-Cola’s dividend history, including strategies for generating $10,000 in annual dividend income and meeting qualified-dividend holding periods. These pieces may broaden investor interest but do not change the company’s fundamentals. How Much Money You Need to Invest in Coca-Cola Stock to Get $10,000 in Annual Dividends Negative Sentiment: Some caution surrounds the recent outperformance. Coca-Cola has outperformed major technology stocks this year, but analysts note that some drivers of its improved results could normalize in coming quarters. That creates a risk that future gains and valuation expansion may moderate. Coca-Cola Is Outperforming Broadcom and Every Magnificent Seven Stock CocaCola Stock Performance Shares of NYSE:KO opened at $88.33 on Friday. The business has a 50-day moving average of $86.64 and a two-hundred day moving average of $81.49. The firm has a market capitalization of $380.03 billion, a PE ratio of 26.52, a P/E/G ratio of 3.42 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 1.12. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $92.49.
CocaCola (NYSE:KO – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.93 by $0.04. The firm had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. CocaCola’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, research analysts forecast that CocaCola Company will post 3.29 earnings per share for the current year.
CocaCola Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola’s dividend payout ratio (DPR) is currently 63.66%.
About CocaCola (Free Report)
The Coca-Cola Company (NYSE: KO) is a global beverage company best known for its Coca-Cola soft drink, which was first introduced in 1886. The company was incorporated in 1892 and has grown into one of the world’s largest beverage businesses.
Its portfolio includes sparkling soft drinks such as Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite and Fanta, along with water, sports drinks, coffee, tea, juice and dairy-based beverages. Other brands associated with the company include Dasani, smartwater, Powerade, Minute Maid, Simply, Costa Coffee, fairlife and Topo Chico.
The Coca-Cola Company primarily develops, owns and markets beverage brands, while relying on a global network of independent bottling partners and distributors to manufacture, package and deliver many of its products.
Featured Stories Five stocks we like better than CocaCola Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model Kroger’s Textbook Entry for Buy-and-Hold Investors AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window Amgen Drops 10% on a Trial It Didn’t Even Run Want to see what other hedge funds are holding KO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CocaCola Company (The) (NYSE:KO – Free Report).
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Coca-Cola od 1. ledna vzrostla zhruba o 26 % a překonala S&P 500 i všechny akcie „Magnificent Seven“. Ve 2. čtvrtletí vykázala 7% růst čistých tržeb a 16% růst upraveného EPS.
Since the first of January, Coca-Cola (KO +0.85%) has surged by around 26%. Not only does this represent outperformance compared to the S&P 500, which is up by around 13.6% year to date, but shares in this venerable consumer staples stock have also outperformed Broadcom and all "Magnificent Seven" stocks.
In terms of price appreciation, the only one that comes close is Nvidia, which is up 23.5% year to date. Apple and Amazon are up by double digits, but Broadcom and Microsoft are up by just single-digits, with Alphabet and Meta Platforms each declining by around 6.5% since January. Tesla, the worst performer, is down over 21% this year.
Yet while it's been an amazing turn of events for investors in blue chip dividend stocks, the question now is whether it's wiser to let it ride on Coca-Cola, or to take profit. While there's substance behind its strong 2026 price performance, the stock may have surged too far, too fast.
Image source: Getty Images.
Two reasons why Coca-Cola has outperformed big tech Assessing the current market backdrop, it makes sense that 2026 has become a banner year for Coca-Cola shares, but not for the Magnificent Seven. For one, a key reason behind big tech's underperformance has been growing concerns about the sector's artificial intelligence (AI) build-out. The Magnificent Seven, along with other major tech companies, are spending hundreds of billions of dollars to build out their AI infrastructure.
At the same time, there are growing doubts about whether this heavy capital investment will yield a worthwhile return. Although these concerns have waned, this factor has served as a drag on returns for Magnificent Seven stocks in recent months.
Second, and more pertinent to the bull run for Coca-Cola, is that the stock has benefited from strong fiscal results. For instance, during the second quarter of 2026, Coca-Cola reported 7% net revenue growth and 16% adjusted earnings-per-share (EPS) growth compared to the prior year's quarter.
Compare that to the recent past, when Coca-Cola has typically reported low-single-digit sales growth and mid- to high-single-digit earnings growth. Management's guidance calls for earnings between 9% and 10% for full-year 2026. Given Wall Street's propensity to reward a "growth story," it's not surprising that Coca-Cola shares have soared, and the stock now trades at a much higher forward earnings multiple than before.
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Even as the story continues, wait for better prices Following Coca-Cola's big run-up, the stock now trades for around 25 times forward earnings. Comparatively, Coca-Cola has traded at a price-to-earnings (P/E) ratio in the low 20s for much of the past decade. Coca-Cola's World Cup sponsorship has contributed heavily to its 2026 growth resurgence.
As management noted in the Q2 earnings release, the World Cup campaign played a major role in growth, including last quarter's 5% volume growth for the flagship Coca-Cola brand and 8% growth for Coca-Cola's Powerade brand. In current and previous guidance, management attributed much of the company's bottom-line growth to "currency tailwinds," or the impact of a weak U.S. dollar in boosting results from Coca-Cola's overseas operations.
If the impact of these factors begins to slow, it could spell trouble. After getting rerated higher on improved growth, a growth slowdown could lead to a de-rating, or Coca-Cola's return to a lower forward multiple. That's not to say Coca-Cola's valuation will fall to PepsiCo's, which, due to various growth and margin challenges, trades at only 15.5 times forward earnings.
Still, shares in Coca-Cola, one of the most-followed blue chip dividend stocks, could revert to their historical valuation. In light of this risk, I wouldn't buy today. However, if the pullback persists, this stock could once again fall back into the buy zone. Consider the buy zone as the price level where the Dividend King stock, currently yielding 2.4%, is back at a forward yield of 3% or higher.
This steady payout, if combined with baseline earnings growth, has the potential to provide consistent, low-volatility returns, particularly for investors in dividend stocks.
Nový CEO Coca-Coly Henrique Braun staví růst na digitálu, spotřebitelských datech a inovacích. Firma chce zároveň držet tempo a balancovat mezi objemem a cenovým mixem.
Safety Stocks Are Not What They Used to Be: 4 Names Built for a Weaker DollarHenrique Braun, chief executive officer of The Coca-Cola Company NYSE: KO, said his early focus in the role has been maintaining the company’s operating momentum while advancing priorities centered on consumer insights, digital capabilities and a culture of “constructive discontent.”
Speaking at a company event, Braun said his transition to CEO had been smooth and that he has spent substantial time meeting with customers, bottlers and employees. A 30-year veteran of the Coca-Cola system, Braun said the near-term priority is to protect the momentum built in recent years, while the longer-term focus is on strengthening three beliefs: staying close to consumers, applying digital tools across consumer, customer and enterprise interactions, and continually pursuing improvement.
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Consumer insights, affordability and balanced growth 5 Stocks the Market Rewarded After Strong Earnings ResultsBraun described consumer centricity as an ongoing capability rather than a destination. He said Coca-Cola’s scale, including 2.2 billion servings per day, provides extensive consumer contact points that can be translated into data and insights.
He highlighted the company’s “four Is” framework: insights, innovation, intimacy by market and digital integration. Braun cited Coca-Cola Zero Zero Zero, a caffeine-free version of Coca-Cola Zero Sugar that was redesigned in Europe with black-and-gold packaging. The product responded to consumer interest in moderating caffeine intake later in the day, he said, and has performed well.
Why Coca-Cola Is Winning While AI Stocks Grab the HeadlinesWhile describing the global consumer backdrop as uneven and dynamic, Braun said the company is working with bottlers to offer choices across income levels. Lower-income consumers remain pressured in multiple markets, he said, making affordability important. At the same time, Coca-Cola is pursuing premiumization opportunities for consumers less sensitive to pricing, including products such as Core Power in the U.S. and multipack mini cans.
“Affordability,” Braun said, is not solely about price, but about offering consumers value that is relevant to the occasion and fits their budgets. He noted that, in developed markets, 75% of beverages consumed are paid commercial beverages, compared with 25% in developing markets.
On growth, Braun reiterated the company’s goal of achieving a balance between volume and price/mix over time. He said individual quarters may lean more heavily toward one driver, and that the current year was expected to be somewhat more volume-oriented. Still, Coca-Cola’s longer-term approach is to grow volume and price/mix in tandem while using revenue growth management discipline to protect consumer value, brand equity and bottler economics.
Innovation through local execution Braun said Coca-Cola has focused on more precise innovation after reducing its global brand portfolio from 500 brands to fewer than 200. He said the company aims to launch products that add to the overall portfolio without introducing unnecessary complexity for bottlers.
He pointed to Sprite + Tea as an example of insight-led innovation. The product originated from social-media posts showing consumers adding tea bags to Sprite, was tested and launched in the U.S., and was then expanded to China, a major tea market. He also cited an updated Mr. Pibb proposition in the U.S. featuring a bolder cherry flavor and a modest increase in caffeine.
The company’s innovation process includes an innovation council comprising senior leaders, Braun said. Coca-Cola monitors product performance following launch to distinguish innovations with scalable potential from those that do not meet expectations. He added that, in most cases, a new brand takes at least 10 years to become a $1 billion brand.
Looking ahead, Braun said the company intends both to expand existing billion-dollar brands into multibillion-dollar brands and to add new brands developed locally. He cited Innocent Juice, which originated in the U.K., and Santa Clara, a Mexican dairy brand, as examples of brands that joined the portfolio from local markets. Coca-Cola currently has 32 billion-dollar brands and operates in more than 200 countries, he said.
Digital investment across the system Braun called digital Coca-Cola’s next “superpower,” but said the strategy is focused on improving capabilities the company already performs well rather than centralizing all digital activity. Digital, data and artificial intelligence can enhance existing strengths across marketing, customer engagement and internal operations, he said.
On the consumer side, Braun said the company is using artificial intelligence and generative AI in creative work, including its Fanta Halloween campaign. Consumers can scan QR codes on packages to access campaign content, rewards and links to customers, creating a path from brand interaction and first-party data collection to transaction.
Coca-Cola serves 33 million outlets globally and has digital platforms covering slightly more than two-thirds of that outlet base, Braun said. The company is also using a chief digital officer role and a CEO system digital council to coordinate work across Coca-Cola and its bottling partners.
He said the recent FIFA World Cup demonstrated how a global asset can be localized and digitally integrated. QR codes on event-related packages allowed consumers to receive post-event messages and information about future campaigns, while also adding first-party data to support ongoing consumer engagement.
In markets such as India, Braun said Coca-Cola will continue to focus on long-term fundamentals, including packaging architecture, brands and revenue growth management, rather than overreacting to short-term competitive shifts. He said Coca-Cola’s local bottler footprint helps the global company compete market by market with localized portfolios, distribution and customer knowledge.
About CocaCola (NYSE:KO)The Coca-Cola Company NYSE: KO is a global beverage company best known for its Coca-Cola soft drink, which was first introduced in 1886. The company was incorporated in 1892 and has grown into one of the world's largest beverage businesses.
Its portfolio includes sparkling soft drinks such as Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite and Fanta, along with water, sports drinks, coffee, tea, juice and dairy-based beverages. Other brands associated with the company include Dasani, smartwater, Powerade, Minute Maid, Simply, Costa Coffee, fairlife and Topo Chico.
The Coca-Cola Company primarily develops, owns and markets beverage brands, while relying on a global network of independent bottling partners and distributors to manufacture, package and deliver many of its products.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Coca-Cola ve 2. čtvrtletí zvýšila tržby na 13,38 miliardy USD a upravené EPS na 0,97 USD, čímž překonala odhad a zvedla výhled. Akcie letos stouply o 27,67 %.
Andrew Sather says most investors only understand one of the two engines driving stock returns, and missing the second one is exactly why a name as familiar as Coca-Cola keeps catching people off guard.
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The least exciting name on your watchlist can outrun the flashiest one when the market has priced in nothing and the business quietly grows. Andrew Sather, co-host of The Investing for Beginners Podcast, argues that most investors understand only one of the two engines driving stock returns. Engine one is straightforward: the stock roughly tracks a growing business. Engine two pays better and confuses more people: you buy a stock whose growth the market refuses to acknowledge, and you collect the difference when sentiment catches up.
Sather says he is “starting to lean more towards” the second engine again because “there’s just more opportunities there.” His worked example is Coca-Cola (NYSE:KO | KO Price Prediction), a name so often dismissed as dead money that the framework has room to embarrass its critics. The wrinkle is that the market may already be recalibrating. Shares are up sharply this year, so the real question becomes whether the re-rating still has room to run.
Two Engines of Return Every stock return comes from either the business or the multiple. If earnings grow and the price/earnings ratio holds steady, the stock tracks earnings. If earnings hold steady and the multiple expands, the stock rises anyway.
Sather framed it this way: “it’s not always margin of safety, it’s not always high growth. It’s which combination of the two at any given point in time is going to lead to higher returns.” One factor without the other tends to disappoint.
What Margin of Safety Looks Like in Practice Margin of safety is the gap between what a business is likely worth and what the market is charging you today. You look for durable free cash flow, a share count that isn’t drifting higher, and a story most people find boring.
Coca-Cola’s free cash flow yield sits around 1.40%, and the forward dividend is $2.12. The safety comes from durability: 63 consecutive years of dividend increases and $8.8 billion paid in 2025.
Coca-Cola as the Worked Example Sather characterizes the dead-money bucket as businesses growing 4% to 6% a year, and Coca-Cola’s second quarter outran that. Revenue was $13.38 billion, up 6.7% year over year, and adjusted EPS of $0.97 against a $0.9323 consensus marked the fifth straight beat.
Guidance was raised: organic revenue growth of about 5%, comparable EPS growth of 9% to 10%, and free cash flow near $12.4 billion. The full detail sits in the Q2 2026 release filed with the SEC.
The stock has responded. Shares closed at $88.07 on September 4, up 27.67% year to date and 32.72% over the past year. Whatever dead money meant a few years ago, it does not describe the stock today.
Operating margin expanded to 34.9% from 34.1%, and net debt leverage sits at 1.4 times EBITDA. Trademark Coca-Cola volume grew 5% globally, the strongest in 17 years excluding COVID recovery, helped by a FIFA World Cup activation across 180+ markets.
At a P/E of 29x, the multiple no longer looks apologetic. If Sather’s thesis was that the market underappreciated the growth, the market has partly caught up.
When the Framework Fails A cheap stock can stay cheap, and underappreciated often turns out to mean declining. Tell the difference by checking whether unit volumes are growing, and not simply revenue.
Coca-Cola’s global unit case volume rose 5%, led by India, China, the US, and Brazil. That confirms demand is real. When volumes shrink while price carries the top line, the runway is finite.
Applying the Two-Factor Check to Your Watchlist For any stock, ask two questions. Is the business actually growing on volume and cash flow, or only on headline revenue? Is the multiple you are paying reasonable against a bearish version of that growth?
If both answers are yes, you own both engines. If growth is present but the multiple is stretched, you are paying for delivery with zero room for error. If the multiple is cheap and growth is absent, you are hoping sentiment shifts before fundamentals confirm the story.
Is KO Stock a Buy? Coca-Cola today reads as a hold. The business is executing, guidance was raised, and the balance sheet is enviable, although the re-rating Sather’s framework anticipated is already visible in the stock. A 29 P/E on a mid-single-digit organic grower leaves a thinner margin of safety than the dead-money label suggests.
Against PepsiCo, which has wrestled with volume declines, Coca-Cola is the stronger operator right now. New capital at these prices needs patience; existing holders collect a 2.32% yield backed by 63 straight annual increases, the kind of streak we screened for in our free Dividend Kings guide.
Contact [email protected] for any questions or corrections.
Coca-Cola zvýšila čtvrtletní dividendu z 0,51 USD na 0,53 USD na akcii a prodloužila sérii růstu dividend na 64 let. Výnos je kolem 2,3 %, ale akcie letos vzrostly asi o 28 %.
Coca-Cola just handed retirees their 64th consecutive dividend raise, but the share price surge this year quietly undercut part of that win. Whether this checks out as a buy, hold, or trim depends entirely on which side of the trade…
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If you own Coca-Cola (NYSE:KO | KO Price Prediction) for the income, the date that matters this week is September 15, 2026. That is the next ex-dividend cutoff, and it is the last chance to be on the books for the current payout at the newly raised rate. For a 67-year-old drawing supplemental income from a dividend stock, this is the kind of housekeeping date that quietly determines whether a check lands in October or not.
Coca-Cola declared the higher rate back on February 19, 2026, lifting the quarterly dividend from $0.51 to $0.53 per share. That works out to a forward annual payout of $2.12. It also extended one of the longest income streaks on the U.S. market: 63 consecutive years of dividend increases as of 2025, now 64 with this year’s raise.
Why the Raise Feels Smaller Than It Looks Here is the part that trips up retirees comparing statements from January to September. The payout went up, but the yield on new money went down, because the share price ran hard. Coca-Cola started the year at $69 and now trades near $88, a year-to-date gain of about 28%. Over one year the stock is up nearly 33%.
The current dividend yield sits around 2.3%. A buyer in January was locking in a materially higher yield on cost than a buyer today, even though the dollar payout is the same $2.12 either way. Two things are true at the same time. The company gave you a raise. The market took back part of the income appeal by bidding the shares up.
What Really Backs the Check A 2.3% yield is only useful if you trust it will keep growing. On that score, the coverage picture is comfortable. Coca-Cola paid $8.8 billion in dividends during 2025 against net income of $13.1 billion. Management guided to full-year 2026 free cash flow of roughly $12.4 billion, and the CFO flagged that “Our balance sheet remains strong with our net debt leverage of 1.4 times EBITDA, which is below our target range of 2 to 2.5 times.” Volume grew 5% in Q2, and comparable EPS is guided to 9% to 10% growth for the year.
Translation for a retiree: the dividend is well protected. Coverage is deep, cash generation is expanding, and the balance sheet has room. The BODYARMOR trademark impairment and the ongoing IRS tax case are real, but neither threatens the payout.
New Money Versus Old Money This is where the article earns its keep. The right move depends on which side of the trade you are on.
If you already own the shares: keep collecting. Your yield on cost is whatever it is, the payout just rose, and the tax treatment on qualified dividends stays favorable. For a retiree in the 12% or 22% federal bracket, qualified dividends generally get taxed at 0% or 15%, which is why holding a Dividend King in a taxable account has always been friendlier than pulling the same dollars from a traditional IRA.
If you are deploying new retirement cash today: understand you are buying a 26x earnings consumer staple at a 2.3% yield, with an analyst target of $95 that leaves modest room from here. Broad dividend ETFs currently offer higher starting yields with none of the single-stock concentration risk. At 67, with a portfolio you are meant to live on, one beverage company should not be the whole income engine no matter how long the streak.
Two Things to Do This Month Confirm your position size. If Coca-Cola is more than roughly 5% of your income-generating assets, the streak is doing you a disservice by encouraging concentration. Positions above that threshold leave a retirement income plan hostage to one beverage company’s execution. Mind the ex-dividend date. To collect the October payment at the raised $0.53 rate, you need to own the shares before September 15, 2026. Selling on or after that date still gets you the check. The common mistake here is treating a 64-year raise streak as a reason to add more at any price. The streak is a quality signal about durability, and it says nothing about the price you pay today. A position sized to enjoy the raises works; a position large enough to dominate a retirement income plan concentrates too much of the outcome in one beverage company.
Contact [email protected] for any questions or corrections.
Allen Mooney & Barnes Investment Advisors ve 2. čtvrtletí snížila podíl v Coca-Cola o 15,7 % a prodala 6 325 akcií. Po prodeji fond držel 33 906 akcií v hodnotě 2,756 mil. USD.
Allen Mooney & Barnes Investment Advisors LLC trimmed its position in CocaCola Company (The) (NYSE:KO – Free Report) by 15.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,906 shares of the company’s stock after selling 6,325 shares during the quarter. Allen Mooney & Barnes Investment Advisors LLC’s holdings in CocaCola were worth $2,756,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Lantern Wealth Advisors LLC boosted its position in CocaCola by 3.6% in the second quarter. Lantern Wealth Advisors LLC now owns 3,316 shares of the company’s stock valued at $270,000 after buying an additional 115 shares in the last quarter. Gill Capital Partners LLC grew its position in CocaCola by 4.1% during the 2nd quarter. Gill Capital Partners LLC now owns 2,992 shares of the company’s stock worth $243,000 after acquiring an additional 117 shares during the last quarter. Paragon Private Wealth Management LLC increased its holdings in CocaCola by 1.4% in the 2nd quarter. Paragon Private Wealth Management LLC now owns 8,726 shares of the company’s stock worth $709,000 after purchasing an additional 123 shares in the last quarter. Everpar Advisors LLC raised its position in CocaCola by 0.9% in the second quarter. Everpar Advisors LLC now owns 14,504 shares of the company’s stock valued at $1,179,000 after purchasing an additional 125 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised 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 purchasing an additional 129 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 research firms have recently weighed in on KO. Evercore restated an “outperform” rating and set a $100.00 price target on shares of CocaCola in a report on Tuesday, July 28th. Morgan Stanley reiterated an “overweight” rating and issued a $100.00 price objective (up from $89.00) on shares of CocaCola in a report on Wednesday, July 29th. Truist Financial set a $88.00 target price on shares of CocaCola in a research report on Friday, June 26th. Piper Sandler boosted their target price on shares of CocaCola from $88.00 to $95.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Finally, Wells Fargo & Company upped their price target on shares of CocaCola from $90.00 to $95.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Fifteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $95.76.
View Our Latest Report on KO Insider Activity at CocaCola In other CocaCola news, insider Bruno Pietracci sold 111,365 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $90.93, for a total value of $10,126,419.45. Following the transaction, the insider directly owned 41,365 shares of the company’s stock, valued at approximately $3,761,319.45. The trade was a 72.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO John Murphy sold 152,483 shares of the stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $87.31, for a total value of $13,313,290.73. Following the transaction, the chief financial officer owned 279,917 shares in the company, valued at $24,439,553.27. The trade was a 35.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 1,050,604 shares of company stock worth $93,022,219 over the last quarter. 0.90% of the stock is owned by company insiders.
CocaCola Trading Up 0.7% Shares of KO stock opened at $88.86 on Friday. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $92.49. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97. The stock has a market cap of $382.32 billion, a price-to-earnings ratio of 26.68, a PEG ratio of 3.44 and a beta of 0.34. The stock has a 50-day moving average of $85.99 and a 200-day moving average of $81.13.
CocaCola (NYSE:KO – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, topping 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 company had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. During the same period in the previous year, the firm earned $0.87 earnings per share. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities research analysts forecast that CocaCola Company will post 3.29 earnings per share for the current year.
CocaCola Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola’s payout ratio is currently 63.66%.
CocaCola Company Profile (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 Five stocks we like better than CocaCola The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now Dropping the Dough: Yum! Brands Strategically Trims the Fat These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern Want to see what other hedge funds are holding KO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CocaCola Company (The) (NYSE:KO – Free Report).
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Coca-Cola zvýšila čtvrtletní dividendu na 0,53 USD na akcii a prodloužila sérii každoročních zvýšení na více než šest desetiletí. Zpětný dividendový výnos je ale jen asi 2,32 %.
Coca-Cola just extended a dividend streak that spans six decades, but a surging stock price and a tight payout ratio raise real questions about whether this legendary income name still delivers for buyers entering today.
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Coca-Cola (NYSE:KO | KO Price Prediction) just sent another check to shareholders. The board declared a $0.53 per share quarterly dividend with an ex-date of September 15, 2026 and a payment date of October 1, 2026. That extends one of the longest dividend-growth records on the market. It also raises a fair question: does a legendary streak translate into a great dividend today? Here is how the payout scores on five measures.
1. Growth Streak: A+ Coca-Cola paid $8.8 billion in dividends during 2025 and, on the company’s own math, extended its consecutive annual increase streak past six decades. The quarterly rate has climbed from $0.41 in 2020 to $0.53 in 2026. Few Dividend Kings can match that consistency.
2. Current Yield: C+ The trailing yield sits at roughly 2.32%, based on a $2.08 trailing payout and a share price of $88.85. That is above the S&P 500 average, but it is a byproduct of price appreciation working against income buyers. KO is up 27.57% year to date and 31.19% over the last year. New money buys less yield than it did in December.
3. Recent Growth Rate: B The 2025 to 2026 hike, from $0.51 to $0.53, is a step down from the double-digit raises Coca-Cola delivered decades ago. It is roughly in line with the pace since 2020 and consistent with management’s comparable EPS growth guidance of 9 to 10% for 2026. Reliable, not thrilling.
4. Payout Ratio: B- 2025 EPS came in at $3, against a forward annualized dividend of $2.12 per share. That is a payout ratio in the high 60s. Management can support it, but the cushion is thinner than income investors sometimes assume, and it leaves less room for buybacks even with a $5.2 billion repurchase authorization outstanding.
5. Cash Flow Coverage: B 2025 operating cash flow was $7.408 billion against capital expenditures of $2.112 billion and dividends of $8.779 billion. Free cash flow did not fully cover the payout last year. The 2026 outlook improves the math sharply: management guides to free cash flow of roughly $12.4 billion, and CFO John Murphy noted net debt leverage of 1.4 times EBITDA, below the 2 to 2.5 times target range. First-half free cash flow was approximately $6.9 billion, tracking that guide.
Final Grade: B+ The streak is untouchable, the balance sheet supports it, and the 2026 cash flow ramp resolves last year’s coverage gap. What KO does not offer is a high starting yield or fast growth. Investors weighing whether a 60-year raiser still earns a spot in the income sleeve can compare it against the rest of the club in our free Dividend Kings report, which ranks ten of them by valuation right now. Watch the pending 11th Circuit IRS decision and the CCBA divestiture closing, either of which could shift capital allocation ahead of the next dividend declaration.
Contact [email protected] for any questions or corrections.
Chris Lange
Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics. Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications. A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.
Coca-Cola (KO -0.76%) has raised its dividend for 64 consecutive years and yields about 2.4% at a share price near $90. I think it belongs in most income portfolios, though not for the reason most people assume.
In February, Coca-Cola raised its quarterly payout from $0.51 per share to $0.53, bringing the annual dividend to $2.12 per share from $2.04. That was a 3.9% increase and the 64th straight year of growth, a streak that has survived recessions, inflation spikes, and repeated shifts in what people drink. This streak puts Coca-Cola on the elite list of Dividend Kings, companies that have grown their dividends for at least 50 consecutive years.
Image source: Getty Images.
Here is the honest part: A 2.4% yield doesn't sound like income for life. Five-year average dividend growth runs near 4.5%, and the payout ratio sits at 63.7%. The dividend alone will not drive strong near-term returns. What makes the case is what sits behind the payment.
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The business is growing faster than the dividend Second-quarter net revenue rose 7% to $13.38 billion. Comparable earnings per share (EPS) grew 11% to $0.97 against a $0.93 estimate, and reported EPS jumped 16% to $1.03. Global unit case volume increased 5%, with every single reporting segment posting volume growth.
The company is placing fewer and larger bets rather than chasing every trend. Coca-Cola Zero Sugar has become the growth engine, with global unit case volumes up 14%. Fairlife is the protein platform, and Topo Chico anchors premium hydration.
Fairlife matters the most to me. It gives Coca-Cola real exposure to protein and functional nutrition, categories that benefit from fitness culture and the adoption of weight-loss medications. Protein intake is gaining popularity in mainstream health conversations. But capacity has been the constraint. The New York facility began construction at the start of 2026 and is ramping up throughout the year, de-bottlenecking supply across variants and package sizes.
Henrique Braun took over as CEO at the end of March and has been direct about the gap. He said innovation "is not where it needs to be," and that the company needs to get closer to consumers and improve speed to market. That's a useful thing to hear from a new chief executive, rather than a defense of the status quo.
The affordability play Coca-Cola is not resetting prices. Instead, it's widening the range. The company rolled out mini 7.5-ounce cans priced under $2 in United States convenience stores to reach lower-income consumers and get them to try the products. Braun's team is marketing across price points and pack sizes rather than pushing everyone toward premium.
Innovation has also gotten bolder: Sprite + Tea in North America, Bacardi Mixed With Coca-Cola in Mexico and Europe, and Coca-Cola Cherry Float across the U.S., Canada, and the United Kingdom. The company also added Coca-Cola sweetened with cane sugar to the U.S. lineup.
Does Coca-Cola belong in your portfolio? I believe that Coca-Cola should be in your portfolio, but with the right expectation. You're not buying a high yield. You're buying a company that gained value share in nonalcoholic ready-to-drink beverages while growing volume by 5% and expanding margins. The dividend grows roughly 4% to 5% annually on top of earnings compounding near 10%.
That combination is what can turn a 2.4% yield today into meaningful income over the next couple of decades. If you need cash flow right away, there are probably better options out there. But if you have a significant amount of money to invest and want a reliable company with a history of steady growth and increasing payouts, this could be a solid long-term choice. If your goal is a dividend that keeps growing through whatever comes next, this is the kind of setup worth seeking.
Coca-Cola (KO +0.67%) has done everything an income investor could ask of it this year. In February, the company raised its quarterly dividend about 4% to $0.53 per share ($2.12 a year), marking its 64th consecutive annual increase. Its business has delivered, too, with results strong enough that management raised its full-year outlook in late July.
The stock has responded. Shares have climbed about 28% in 2026, reaching about $90 as of this writing -- within a few dollars of their 52-week high.
And that is exactly the problem for anyone buying today for the income. A dividend yield is a ratio, and this year the price ran far ahead of the payout.
At the start of January, Coca-Cola stock yielded about 2.9%. Today, even with the higher payout, it yields about 2.4%.
Image source: Getty Images.
The raise didn't keep up with the runThe math is simple enough. Coca-Cola entered the year trading near $70 with an annual dividend rate of $2.04, which worked out to a yield of about 2.9%. Since then, the dividend has grown 4%, and the stock price has grown about 28%.
Divide the new payout by the new price, and the yield lands at about 2.4%.
Within the past year, the compression looks even sharper. The stock's 52-week low is $65.35, and a buyer at that price collects more than 3.2% on today's payout.
A buyer at $90, by contrast, collects about a quarter less income on every dollar invested.
For a stock investors mostly own for its steadily growing income stream, that is a meaningful change in what a new dollar buys. The payout keeps rising on schedule. The price of a dollar of that payout has simply risen much faster.
The business earned the rallyTo be fair, the stock hasn't climbed on nothing. In the second quarter of 2026, Coca-Cola's net revenue rose 7% year over year to $13.4 billion, and organic revenue grew 6% on a 4% increase in concentrate sales and 2% growth from pricing and mix (a higher share of sales coming from better-priced products).
Furthermore, global unit case volume grew 5%. Comparable operating margin reached 35.6%, an expansion from 34.7% a year earlier. Management also lifted its outlook, and now expects organic revenue growth of about 5% for the full year, up from its earlier forecast of 4% to 5%. The company expects to produce about $12.4 billion of free cash flow this year, too.
Those are excellent numbers for a company of Coca-Cola's size and maturity, and they explain the market's enthusiasm. The dividend itself also remains well supported. The $2.12 annual payout consumes about 64% of the company's trailing earnings per share -- coverage comfortable enough that the streak of increases looks in no danger.
The trouble is what the price now assumes. The stock carries a forward price-to-earnings ratio of about 26, for a company guiding to about 5% organic revenue growth.
That is arguably a premium valuation for consistency, and the lower yield is where that premium shows up.
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What closes the gap?There are only two ways the yield returns to where it started the year: The price comes down, or the dividend catches up.
The dividend route is slow. At the current pace of about 4% annual raises, the payout would need roughly five years of increases (reaching about $2.58) to put the yield back near 2.9% with the stock at $90. That is five years of dividend growth spent just recovering the income the price move took away.
Getting there on price instead is faster but less pleasant. Restoring a 2.9% yield on the current $2.12 payout requires a price near $73 -- about 19% below where shares trade today.
Neither is a forecast, and I'm not predicting a 19% decline. The point is narrower. Buyers at today's price collect noticeably less than the stock offered as recently as January, so the return from here depends more on the stock continuing to climb than income investors may realize.
However, I still think Coca-Cola is one of the most dependable dividend payers in the market. And for investors who already own the stock, a 28% gain plus a raised payout is a fine year -- selling wouldn't be my move. But I wouldn't put new money into the dividend stock at this yield, either. For income buyers, patience seems like the better play. Either the dividend grows into today's price over time, or the market offers a better entry somewhere along the way.
BlueChip Wealth Advisors LLC ve 2. čtvrtletí snížila podíl v Coca-Cola o 57,4 % a prodala 8 741 akcií. Po transakci držela 6 478 akcií v hodnotě 526 000 USD.
BlueChip Wealth Advisors LLC lowered its position in shares of CocaCola Company (The) (NYSE:KO – Free Report) by 57.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,478 shares of the company’s stock after selling 8,741 shares during the period. BlueChip Wealth Advisors LLC’s holdings in CocaCola were worth $526,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in CocaCola in the fourth quarter worth approximately $3,865,807,000. Cardano Risk Management B.V. raised its position in CocaCola by 867.2% in the fourth quarter. Cardano Risk Management B.V. now owns 14,432,190 shares of the company’s stock valued at $1,008,954,000 after purchasing an additional 12,939,959 shares during the period. Marshall Wace LLP raised its position in CocaCola by 1,206.9% in the fourth quarter. Marshall Wace LLP now owns 10,641,007 shares of the company’s stock valued at $743,913,000 after purchasing an additional 9,826,768 shares during the period. Bank of America Corp DE lifted its stake in shares of CocaCola by 29.2% in the 4th quarter. Bank of America Corp DE now owns 40,182,323 shares of the company’s stock valued at $2,809,146,000 after purchasing an additional 9,078,447 shares during the last quarter. Finally, Capital World Investors lifted its stake in shares of CocaCola by 98.7% in the 4th quarter. Capital World Investors now owns 12,573,527 shares of the company’s stock valued at $879,015,000 after purchasing an additional 6,246,627 shares during the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.
Key CocaCola News Here are the key news stories impacting CocaCola this week:
Positive Sentiment: Analyst coverage remains generally supportive, with brokers highlighting Coca-Cola as an investment candidate. Recent quarterly results also exceeded expectations, with earnings and revenue above consensus and revenue growth of 6.2% year over year. Brokers Suggest Investing in Coca-Cola Positive Sentiment: Investors have been seeking established, lower-volatility companies, helping Coca-Cola reach an all-time high and break above $90 for the first time. Its strong brand portfolio and defensive characteristics may be attractive amid market uncertainty. Coca-Cola Hits All-Time High Positive Sentiment: Coca-Cola’s long dividend record continues to support its appeal to income-focused investors. Berkshire Hathaway reportedly receives approximately $848 million annually from its Coca-Cola holdings, underscoring the scale and consistency of the payout. Dividend King Pays Berkshire Neutral Sentiment: Coverage is also examining Coca-Cola’s cash flow and dividend sustainability as interest rates and bond yields rise. Higher yields could increase the relative appeal of fixed-income investments, although Coca-Cola’s recurring cash generation remains central to its income-investor case. Coca-Cola Cash Flow as Yields Rise Negative Sentiment: Executive Vice President Nancy Quan sold 50,000 shares worth about $4.5 million. The filing states the sale covered tax withholding tied to vested equity awards, reducing its negative signaling value, though it may create modest near-term selling pressure. Analyst Ratings Changes KO has been the subject of a number of recent analyst reports. HSBC downgraded CocaCola from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Bank of America upped their target price on shares of CocaCola from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Citigroup increased their target price on shares of CocaCola from $97.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Piper Sandler lifted their price target on shares of CocaCola from $88.00 to $95.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $100.00 price target (up from $89.00) on shares of CocaCola in a research note on Wednesday, July 29th. Fifteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $95.76. View Our Latest Stock Report on KO
CocaCola Trading Down 0.2% Shares of NYSE KO opened at $90.91 on Monday. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97. The stock has a market capitalization of $391.14 billion, a PE ratio of 27.30, a PEG ratio of 3.18 and a beta of 0.33. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $91.86. The stock has a fifty day simple moving average of $84.27 and a 200-day simple moving average of $80.41.
CocaCola (NYSE:KO – Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.04. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The firm had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. During the same quarter in the prior year, the company earned $0.87 EPS. CocaCola’s revenue was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities analysts forecast that CocaCola Company will post 3.29 earnings per share for the current year.
CocaCola Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.53 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.3%. CocaCola’s dividend payout ratio is 63.66%.
Insider Buying and Selling at CocaCola In related news, Chairman James Quincey sold 145,947 shares of CocaCola stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $90.09, for a total value of $13,148,365.23. Following the completion of the transaction, the chairman owned 122,833 shares in the company, valued at approximately $11,066,024.97. The trade was a 54.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, 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. Also, EVP Nancy Quan sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the sale, the executive vice president directly owned 223,330 shares in the company, valued at approximately $20,186,798.70. The trade was a 18.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 1,483,535 shares of company stock valued at $126,442,198. Corporate insiders own 0.90% of the company’s stock.
CocaCola Profile (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.
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Coca-Cola testuje automaty pro dirty soda, refreshery a ledovou kávu, aby nabídla více přizpůsobitelné nápoje. Firma zároveň vyvíjí prototyp energetického nápoje, který chce uvést v první polovině roku 2027.
ATLANTA — Coca-Cola is branching out into new customizable drinks and trend-driven equipment as consumers — and food service operators — increasingly want more options.
Tucked away in an anonymous office park not far from its global headquarters here, Coke has been working on a flood of innovation at its secretive labs, including a way for its Freestyle drink dispensers to make dirty sodas, which combine pop with flavored syrups, cream or other ingredients. In partnership with AMC Theatres, it is testing a Micro Matic dispenser that can make brightly colored refreshers. And Coke has more white-label beverage options on the way, like an energy drink that can be customized by color and flavor.
For many restaurants, handcrafted drinks like refreshers or iced coffee have become an important way to drive traffic and sales, even as diners broadly cut their spending. In the second quarter of this year, beverage servings at restaurants outpaced both servings of food alone and food with beverages, according to Circana data. When consumers are away from home, a drink often represents more than hydration, particularly for Generation Z.
"Oftentimes these beverages are an opportunity to take a break, get some energy or protein, have a treat, at a lower price point," David Portalatin, Circana senior vice president and food service industry advisor, told CNBC.
From McDonald's to Wendy's, longtime Coke customers have been expanding their beverage offerings to meet the shift in consumer behavior and boost their profit margins. As operators seek to add more drinks to their menus, Coke must add more convenient beverage options — or risk losing sales to a competitor.
"It's our job to ensure that we're providing unique experiences and beverages because it's not a bonus now with consumers — it's the norm, they expect it," said Megan Tallman, Coke's vice president of dispensed equipment and innovation for its North American business. "When you think about Gen Z, they are okay paying $10 for a drink that is craveable and that they can show on their Instagram or on TikTok, which is helping our customers drive margin and also beverage attachment."
"Honestly, if you fast forward to today, Freestyle is more relevant today than probably it was over a decade ago," Tallman said, crediting the machine's dozens of flavors.
Even with the variety it offers, Coke is still trying to evolve to keep up.
In the time since the Freestyle was introduced, the number of specialty beverage chains has exploded, offering customers nearly unlimited ways to customize their drinks, from sugar content to toppings. Market research firm Technomic tracks more than 100 different chains, with more than 41,000 locations across the U.S. combined, selling everything from coffee to juice to boba.
Ever since Freestyle began popping up in restaurants and movie theaters, the dispensers have poured more than 67 billion 8-ounce servings of beverages; Coke has been able to track them all, thanks to the equipment's real-time data collection. That data is coming in handy now.
Inside its Equipment Innovation Center in Atlanta, a massive television screen displays real-time data showing what drinks dispensed by the Freestyle are trending, what time of day and where — from the region to the type of business. AHA sparkling water, for example, is trending up at office buildings and hospitals.
Insights from Freestyle dispensers also help the company discover new drinks that it can launch in grocery stores, like the limited-time Coca-Cola Orange Cream, which combines its namesake soda with vanilla and orange syrup.
"If we see that the flavors that we're offering to consumers in food service are actually resonating — it's the largest testing platform out there," Tallman said.
But Coke has more ideas in store.
First is the Freestyle Mini, which initially launched in Europe. Intended for bars and restaurants with limited space, the dispenser holds up to 16 drink options, more than double the choices available in a traditional soda gun. Coke unveiled the new smaller machine at the National Restaurant Association Show in Chicago this spring, but the company has not yet sold it to customers in the U.S.
And then there are other equipment ideas that aren't as far along, inspired by Coke's desire to branch out into dirty soda, refreshers and coffee.
To automate dirty soda, Coke has created a prototype that adds a dairy module to the classic Freestyle dispenser. Utah-based chain Swig takes credit for its invention of the dirty soda, although the trendy drink has now spread far and wide, from KFC restaurants to grocery store shelves.
The trend has helped to change soda's image from a tired, mass-market drink to a handcrafted beverage that can be a treat.
"Gen Z is the first generation raised to believe that nothing you consume is neutral, so everything is either helping you or costing you," said Matthew Greer, food, agribusiness and beverage analyst for Truist. "So, traditional soda does nothing for me, and it gives me 40 grams of sugar, so that fails the test."
The rise of a dirty soda is boon for Coke, because pop is still its number one category. Coke's sparkling soft drinks business, which houses soda brands like Sprite, Schweppes and Fanta, still accounts for 69% of the company's overall unit case volume, even as other ventures like coffee and dairy-based beverages have grown. Coke's namesake soda alone accounted for 47% of global unit case volume and 42% of U.S. unit case volume in 2025, according to a company filing.
Coke's prototypical dispensed dirty soda comes with a preprogrammed recipe, allowing for little customization but eliminating mess. The prototype, which took roughly three weeks to create, keeps the recognizable drip down the sides of the cup, giving the dirty soda its trademark visual appeal.
Refreshing its offeringsBeyond the Freestyle, Coke is also testing Micro Matic "mixology" dispensers to make refreshers and iced coffee drinks.
Starbucks created the refresher back in 2012 to appeal to non-coffee drinkers who wanted a boost, especially in the afternoon, when traffic to its cafes slowed. Customers can pick their bases, flavors and even caffeine level. Refreshers now represent about $2 billion in annual sales for Starbucks.
Other restaurant chains, such as Panera Bread to Dunkin', have taken note. Refreshers can be found on 8.1% of menus at national restaurant chains, according to Datassential.
"It's almost, I think, a compliment, the fact that our Refresher business is being imitated in so many places," Starbucks CEO Brian Niccol said on the company's earnings conference call in late April.
For its part, Coke is hoping to make its mark on the refresher category — whatever that means.
"There's no real definition for what a refresher is, so we're trying to take a stand on what that can be and what function that we believe it should deliver to the guest," said Sarah Kate Sims, director of dispensed innovation for Coca-Cola North America.
To Sims, a refresher is a "healthier" beverage that delivers some kind of pick-me-up without a traditional coffee caffeine base, instead using a green tea or a natural coffee extract as a base. And a refresher must look good, too, she said.
"So that's what I'm working on for next year," Sims said.
Inside 'The Vault'Coke's innovation efforts aren't restricted to equipment either. Across the parking lot from its Global Equipment Platforms office is "The Vault," where the company tests new drinks.
"We bring a lot of our top customers here to showcase our innovation and mixology, but also to collaborate and problem-solve and tackle the biggest challenges in the business," said Caroline Zambataro, collaboration architect at Coke.
One of those customers is Whataburger. Coke worked with the Texas-based burger chain for about 18 months on its line of "Whatafreshers," which launched in July.
In some cases, consumers might not even realize that they are drinking a Coke product. For example, the company considers itself a "pioneer" of premium lemonade after launching a white-label version more than a decade ago.
More than 40,000 bubbler dispensers carry the drink, according to Tallman. That number includes Wendy's, which sells it under "Dave's Craft Lemonade," after founder Dave Thomas.
These days, lemonade is a popular base for a lot of refreshers and other brightly colored drinks. So, too, is Sprite, which ranked fifth among U.S. carbonated soft drink brands by 2025 sales volume, according to Beverage Digest.
But Coke is also working on a new blank slate for handcrafted beverages: a colorless, relatively unflavored energy drink that comes in frozen or liquid form. The company plans to launch the beverage with food service operators in the first half of 2027.
Energy drinks are a much smaller category than sparkling beverages, but the segment has the highest expected growth projections for the next 10 years, according to Tallman.
"We believe this solution really meets many consumers because more female consumers are interested in energy if it's a handcrafted solution," Tallman said.
Starting with Celsius, the conversation around energy drinks has changed, widening their audience and the number of occasions where they can be consumed, Truist's Greer said. Rather than a beverage that you buy at the gas station for a pick-me-up, now energy drinks can become a part of some consumers' workout routines.
Coke's take on energy drinks will be designed to be served by employees to "limit consumption," according to Tallman. A 12-ounce serving of Coke's version contains 106 milligrams of caffeine, roughly the same amount as the same size can of Red Bull and half of the caffeine content of a Celsius can. Excessive caffeine consumption has become a liability concern after Panera Bread's Charged Lemonade was named in at least two wrongful death lawsuits.
A golden opportunityBroadly, Coke has been fielding more inquiries from food service partners these days about customizable drinks, according to Melinda Pritchett, director of innovation for Coke's North American business.
"If you're looking at what McDonald's is doing with the handcrafted beverages, all of our customers are saying, 'We should be in that as well,'" she said.
As the largest U.S. restaurant chain by system sales, McDonald's playbook is often replicated elsewhere. In May, the fast-food giant expanded its McCafe menu in the U.S. to include refreshers and crafted sodas, including Coke's Sprite and Hi-C, as part of its broader strategy to lean into beverages.
"In the U.S., [drink] sales are ahead of plan. Guest checks are higher, and we're seeing new occasions emerge throughout the day," McDonald's CEO Chris Kempczinski said on the company's earnings conference call earlier in August. "We've also seen strong food attachment rates on these orders."
But the drink launch arrived during what was otherwise a lackluster quarter for McDonald's U.S. business, which reported same-store sales growth of just 0.8%. The company has replaced its U.S. president in the hopes of accelerating its domestic division.
On Monday, McDonald's further expanded its beverage options with the Red Bull Dragonberry Energizer. Red Bull is privately owned, with no connection to Coke. The chain's choice to partner with a competitor rather than using an energy drink affiliated with Coke, like Monster, has sparked speculation about the state of the companies' more than 70-year-long relationship.
"We have a fantastic and very long-standing partnership with McDonald's, and that's intact, right? We continue to be very happy with that partnership," Coke CEO Henrique Braun said on the company's earnings conference call in late April, answering an analyst question about the partnership. "… We do respect the decisions on other choices about their relationships with other companies."
Ultimately, the most important part of any business relationship is the effect on sales.
When testing a new beverage with a food service partner, Coke tracks a couple of different performance metrics, like "incremental volume." In other words, would a customer buy one of the new refreshers even if they wouldn't otherwise buy a drink?
A survey of several dozen U.S. McDonald's franchisees conducted by Kalinowski Equity Research found that more than half of operators said the specialty drinks are performing in line with their expectations.
"They are selling great, but most of it is a trade-off from other beverages," one anonymous franchisee said in the survey. "Not many new transaction counts."
Axxcess Wealth Management ve 2. čtvrtletí zvýšila podíl v CocaCola Company (The) o 7,2 % na 180 068 akcií. Coca-Cola zároveň oznámila zisk 0,97 USD na akcii a tržby 13,37 miliardy USD, obojí nad odhady.
Axxcess Wealth Management LLC lifted its position in CocaCola Company (The) (NYSE:KO – Free Report) by 7.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 180,068 shares of the company’s stock after acquiring an additional 12,068 shares during the period. Axxcess Wealth Management LLC’s holdings in CocaCola were worth $14,634,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of 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 period. State Street Corp boosted its position in CocaCola by 1.2% in the fourth quarter. State Street Corp now owns 167,850,330 shares of the company’s stock valued at $11,734,417,000 after buying an additional 1,992,327 shares during the last quarter. Geode Capital Management LLC increased its holdings in CocaCola by 0.5% in 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 during the period. Norges Bank purchased a new position in CocaCola during the 4th quarter worth approximately $3,865,807,000. Finally, Bank of America Corp DE raised its position in 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. Hedge funds and other institutional investors own 70.26% of the company’s stock.
Analyst Ratings Changes Several analysts have recently commented on KO shares. Bank of America upped their price objective on shares of CocaCola from $90.00 to $95.00 and gave the company a “buy” rating in a report on Friday, July 10th. UBS Group set a $104.00 target price on shares of CocaCola and gave the stock a “buy” rating in a report on Wednesday, July 29th. Sanford C. Bernstein restated a “market perform” rating and set a $93.00 target price on shares of CocaCola in a research report on Wednesday, July 29th. Seaport Research Partners set a $95.00 price target on shares of CocaCola in a report on Friday, August 14th. Finally, Piper Sandler upped their price target on shares of CocaCola from $88.00 to $95.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Fifteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $95.76.
Read Our Latest Stock Analysis on CocaCola CocaCola News Summary Here are the key news stories impacting CocaCola this week:
Positive Sentiment: Strong Q2 performance supports the stock. Coca-Cola reported adjusted earnings of $0.97 per share, exceeding the $0.93 analyst consensus, while revenue increased 6.2% year over year to $13.37 billion, ahead of expectations. The company maintained fiscal 2026 earnings guidance of $3.27-$3.30 per share. Reflecting on beverages, alcohol, and tobacco stocks’ Q2 earnings: Coca-Cola Positive Sentiment: Dividend reliability is attracting income-focused investors. Coverage highlights Coca-Cola’s status as a long-running “Dividend King,” with a decades-long record of annual dividend increases. Berkshire Hathaway, Warren Buffett’s investment company, receives approximately $848 million annually from its Coca-Cola holding, underscoring the scale and consistency of the payout. Does Coca-Cola pay dividends? Its yield and payout explained Dividend King pays Warren Buffett’s Berkshire $848 million each year Positive Sentiment: Momentum and defensive demand remain favorable. Coca-Cola recently moved above $90 and reached a new 52-week high, while reports say investors are seeking established blue-chip names. This supports the view that KO is benefiting from its defensive consumer-staples profile. Coca-Cola Stock Hits All-Time High as Investors Seek Out Blue-Chip Names Negative Sentiment: Valuation is a potential headwind. At roughly 28 times earnings and near its 52-week high, KO already reflects substantial optimism. Investors may require continued earnings growth and dividend support to justify additional gains. Coca-Cola Breaks $90 for the First Time CocaCola Stock Performance Shares of NYSE KO opened at $90.58 on Friday. The company’s fifty day moving average price is $84.11 and its 200 day moving average price is $80.30. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $91.87. The company has a market capitalization of $389.72 billion, a PE ratio of 27.20, a price-to-earnings-growth ratio of 3.15 and a beta of 0.33. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.12 and a current ratio of 1.30.
CocaCola (NYSE:KO – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The company had revenue of $13.37 billion during the quarter, compared to analysts’ expectations of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, research analysts predict that CocaCola Company will post 3.29 earnings per share for the current year.
CocaCola Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.53 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.3%. CocaCola’s dividend payout ratio (DPR) is 63.66%.
Insider Transactions at CocaCola In related news, CFO John Murphy sold 152,483 shares of the company’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $87.31, for a total value of $13,313,290.73. Following the completion of the transaction, the chief financial officer owned 279,917 shares of the company’s stock, valued at approximately $24,439,553.27. This represents a 35.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 that occurred 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 transaction, the insider owned 35,393 shares in the company, valued at $3,172,982.45. This represents a 68.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 1,433,535 shares of company stock worth $121,922,698 over the last quarter. Company insiders own 0.90% of the company’s stock.
About CocaCola (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.
See Also Five stocks we like better than CocaCola 3 Energy Stocks Raising Dividends as the Sector Surges 5 Reasons the S&P 500 Could Keep Rallying Through Year-End Walmart’s Post-Earnings Drop Could Be a Buying Opportunity The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future Want to see what other hedge funds are holding KO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CocaCola Company (The) (NYSE:KO – Free Report).
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Coca-Cola ve 2. čtvrtletí vykázala očištěný zisk 0,97 USD na akcii a tržby 13,37 miliardy USD, obojí nad odhady. Společnost zároveň potvrdila výhled zisku pro fiskální rok 2026.
Analyst IMS Investment Management Services Ltd. trimmed its holdings in CocaCola Company (The) (NYSE:KO – Free Report) by 64.0% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 3,980 shares of the company’s stock after selling 7,073 shares during the quarter. Analyst IMS Investment Management Services Ltd.’s holdings in CocaCola were worth $323,000 at the end of the most recent reporting period.
Other hedge funds have also bought and sold shares of the company. Anfield Capital Management LLC raised its holdings in shares of CocaCola by 438.8% during the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after purchasing an additional 294 shares during the last quarter. Louisbourg Investments Inc. purchased a new stake in CocaCola during the 1st quarter valued at $25,000. Headlands Technologies LLC purchased a new stake in CocaCola during the 2nd quarter valued at $26,000. Evolution Wealth Management Inc. lifted its holdings in shares of CocaCola by 1,081.8% during the 4th quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock valued at $27,000 after buying an additional 357 shares during the period. Finally, Bard Associates Inc. bought a new position in shares of CocaCola during the 4th quarter valued at $30,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.
CocaCola News Roundup
Here are the key news stories impacting CocaCola this week:
Positive Sentiment: Strong Q2 performance supports the stock. Coca-Cola reported adjusted earnings of $0.97 per share, exceeding the $0.93 analyst consensus, while revenue increased 6.2% year over year to $13.37 billion, ahead of expectations. The company maintained fiscal 2026 earnings guidance of $3.27-$3.30 per share. Reflecting on beverages, alcohol, and tobacco stocks’ Q2 earnings: Coca-Cola
Positive Sentiment: Dividend reliability is attracting income-focused investors. Coverage highlights Coca-Cola’s status as a long-running “Dividend King,” with a decades-long record of annual dividend increases. Berkshire Hathaway, Warren Buffett’s investment company, receives approximately $848 million annually from its Coca-Cola holding, underscoring the scale and consistency of the payout. Does Coca-Cola pay dividends? Its yield and payout explained Dividend King pays Warren Buffett’s Berkshire $848 million each year
Positive Sentiment: Momentum and defensive demand remain favorable. Coca-Cola recently moved above $90 and reached a new 52-week high, while reports say investors are seeking established blue-chip names. This supports the view that KO is benefiting from its defensive consumer-staples profile. Coca-Cola Stock Hits All-Time High as Investors Seek Out Blue-Chip Names
Negative Sentiment: Valuation is a potential headwind. At roughly 28 times earnings and near its 52-week high, KO already reflects substantial optimism. Investors may require continued earnings growth and dividend support to justify additional gains. Coca-Cola Breaks $90 for the First Time
Wall Street Analyst Weigh In
Several analysts recently commented on the company. Piper Sandler lifted their price objective on CocaCola from $88.00 to $95.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Jefferies Financial Group raised their target price on CocaCola from $95.00 to $104.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Bank of America boosted their price target on CocaCola from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, July 10th. HSBC lowered shares of CocaCola from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Finally, Royal Bank Of Canada increased their price objective on shares of CocaCola from $87.00 to $96.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Fifteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, CocaCola has a consensus rating of “Moderate Buy” and an average target price of $95.76.
Get Our Latest Stock Analysis on KO
CocaCola Trading Up 0.3%
Shares of NYSE:KO opened at $90.58 on Friday. The stock has a 50 day moving average of $84.11 and a 200 day moving average of $80.30. The company has a market cap of $389.72 billion, a PE ratio of 27.20, a price-to-earnings-growth ratio of 3.15 and a beta of 0.33. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $91.87. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97.
CocaCola (NYSE:KO – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.04. The business had revenue of $13.37 billion for the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, equities research analysts expect that CocaCola Company will post 3.29 EPS for the current year.
CocaCola Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Tuesday, September 15th. CocaCola’s dividend payout ratio is presently 63.66%.
Insider Activity
In other news, CFO John Murphy sold 152,483 shares of the stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $87.31, for a total transaction of $13,313,290.73. Following the completion of the transaction, the chief financial officer directly owned 279,917 shares in the company, valued at approximately $24,439,553.27. This represents a 35.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 firm’s stock in a transaction that occurred on Tuesday, July 28th. The shares were 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 of the company’s stock, valued at $3,172,982.45. The trade was 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 1,433,535 shares of company stock valued at $121,922,698 in the last three months. 0.90% of the stock is currently owned by insiders.
About CocaCola
(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.
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Banco Santander S.A. increased its holdings in shares of CocaCola Company (The) (NYSE:KO – Free Report) by 3.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,090,758 shares of the company’s stock after purchasing an additional 32,723 shares during the quarter. Banco Santander S.A.’s holdings in CocaCola were worth $88,646,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of KO. Harel Insurance Investments & Financial Services Ltd. lifted its position in CocaCola by 105.0% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 18,730 shares of the company’s stock valued at $1,519,000 after buying an additional 9,595 shares during the last quarter. Oregon Public Employees Retirement Fund increased its position in shares of CocaCola by 7.4% during the second quarter. Oregon Public Employees Retirement Fund now owns 476,094 shares of the company’s stock valued at $38,692,000 after acquiring an additional 32,800 shares during the last quarter. W.G. Shaheen & Associates DBA Whitney & Co raised its stake in shares of CocaCola by 0.6% in the 2nd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 40,853 shares of the company’s stock valued at $3,320,000 after acquiring an additional 259 shares during the period. Axxcess Wealth Management LLC lifted its holdings in shares of CocaCola by 7.2% in the 2nd quarter. Axxcess Wealth Management LLC now owns 180,068 shares of the company’s stock worth $14,634,000 after acquiring an additional 12,068 shares during the last quarter. Finally, Paragon Private Wealth Management LLC lifted its holdings in shares of CocaCola by 1.4% in the 2nd quarter. Paragon Private Wealth Management LLC now owns 8,726 shares of the company’s stock worth $709,000 after acquiring an additional 123 shares during the last quarter. 70.26% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades A number of equities research analysts have recently weighed in on KO shares. Barclays lifted their price objective on CocaCola from $91.00 to $93.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. 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, July 28th. Morgan Stanley reaffirmed an “overweight” rating and issued a $100.00 target price (up from $89.00) on shares of CocaCola in a research report on Wednesday, July 29th. Bank of America boosted their price target on shares of CocaCola from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Finally, Piper Sandler increased their price target on shares of CocaCola from $88.00 to $95.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Fifteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, CocaCola has an average rating of “Moderate Buy” and a consensus price target of $95.76.
View Our Latest Stock Analysis on CocaCola Key Headlines Impacting CocaCola Here are the key news stories impacting CocaCola this week:
Positive Sentiment: Strong Q2 performance supports the stock. Coca-Cola reported adjusted earnings of $0.97 per share, exceeding the $0.93 analyst consensus, while revenue increased 6.2% year over year to $13.37 billion, ahead of expectations. The company maintained fiscal 2026 earnings guidance of $3.27-$3.30 per share. Reflecting on beverages, alcohol, and tobacco stocks’ Q2 earnings: Coca-Cola Positive Sentiment: Dividend reliability is attracting income-focused investors. Coverage highlights Coca-Cola’s status as a long-running “Dividend King,” with a decades-long record of annual dividend increases. Berkshire Hathaway, Warren Buffett’s investment company, receives approximately $848 million annually from its Coca-Cola holding, underscoring the scale and consistency of the payout. Does Coca-Cola pay dividends? Its yield and payout explained Dividend King pays Warren Buffett’s Berkshire $848 million each year Positive Sentiment: Momentum and defensive demand remain favorable. Coca-Cola recently moved above $90 and reached a new 52-week high, while reports say investors are seeking established blue-chip names. This supports the view that KO is benefiting from its defensive consumer-staples profile. Coca-Cola Stock Hits All-Time High as Investors Seek Out Blue-Chip Names Negative Sentiment: Valuation is a potential headwind. At roughly 28 times earnings and near its 52-week high, KO already reflects substantial optimism. Investors may require continued earnings growth and dividend support to justify additional gains. Coca-Cola Breaks $90 for the First Time CocaCola Price Performance KO stock opened at $90.58 on Friday. The business’s 50-day moving average is $84.11 and its two-hundred day moving average is $80.30. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 1.12. The firm has a market capitalization of $389.72 billion, a P/E ratio of 27.20, a P/E/G ratio of 3.15 and a beta of 0.33. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $91.87.
CocaCola (NYSE:KO – Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The firm had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Analysts anticipate that CocaCola Company will post 3.29 earnings per share for the current fiscal year.
CocaCola Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola’s dividend payout ratio is currently 63.66%.
Insider Buying and Selling at CocaCola In other CocaCola news, EVP Jennifer K. Mann sold 100,000 shares of the company’s stock in a transaction on Monday, June 8th. The shares were 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 in the company, valued at $14,412,772.64. This represents a 35.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at 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. Also, insider Bruno Pietracci sold 75,727 shares of the company’s stock in a transaction dated Tuesday, July 28th. The shares were 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 of the company’s stock, valued at approximately $3,172,982.45. This trade represents a 68.15% decrease in their ownership of the stock. 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. In the last quarter, insiders sold 1,433,535 shares of company stock worth $121,922,698. Corporate insiders own 0.90% of the company’s stock.
About CocaCola (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.
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Borer Denton & Associates Inc. increased its position in CocaCola Company (The) (NYSE:KO – Free Report) by 221.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,716 shares of the company’s stock after acquiring an additional 10,824 shares during the quarter. Borer Denton & Associates Inc.’s holdings in CocaCola were worth $1,277,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of KO. Werba Rubin Papier Wealth Management increased its stake in shares of CocaCola by 4.3% in the second quarter. Werba Rubin Papier Wealth Management now owns 9,382 shares of the company’s stock worth $763,000 after purchasing an additional 384 shares during the period. Whittier Trust Co. boosted its stake in CocaCola by 0.5% during the 2nd quarter. Whittier Trust Co. now owns 204,720 shares of the company’s stock valued at $16,984,000 after purchasing an additional 948 shares during the period. Clear Creek Financial Management LLC grew its holdings in CocaCola by 1.6% in the 2nd quarter. Clear Creek Financial Management LLC now owns 11,848 shares of the company’s stock valued at $963,000 after buying an additional 187 shares during the last quarter. Petros Family Wealth LLC grew its holdings in CocaCola by 3.1% in the 2nd quarter. Petros Family Wealth LLC now owns 13,276 shares of the company’s stock valued at $1,079,000 after buying an additional 399 shares during the last quarter. Finally, Florida Trust Wealth Management Co increased its position in CocaCola by 11.3% in the 2nd quarter. Florida Trust Wealth Management Co now owns 129,040 shares of the company’s stock worth $10,487,000 after buying an additional 13,139 shares during the period. Institutional investors and hedge funds own 70.26% of the company’s stock.
CocaCola Price Performance Shares of KO stock opened at $90.38 on Thursday. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $90.92. The company has a market capitalization of $388.88 billion, a P/E ratio of 27.14, a P/E/G ratio of 3.10 and a beta of 0.33. The stock has a 50 day moving average of $83.95 and a two-hundred day moving average of $80.19. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97.
CocaCola (NYSE:KO – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The business had revenue of $13.37 billion for the quarter, compared to analysts’ expectations of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.CocaCola’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, equities analysts expect that CocaCola Company will post 3.29 EPS for the current year. CocaCola Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola’s payout ratio is 63.66%.
Wall Street Analysts Forecast Growth A number of research analysts have recently commented on the company. Sanford C. Bernstein reiterated a “market perform” rating and set a $93.00 price target on shares of CocaCola in a report on Wednesday, July 29th. Seaport Research Partners set a $95.00 target price on shares of CocaCola in a research report on Friday, August 14th. The Goldman Sachs Group reiterated a “neutral” rating and set a $86.00 target price (up from $82.00) on shares of CocaCola in a research note on Tuesday, July 28th. Morgan Stanley reissued an “overweight” rating and issued a $100.00 price target (up from $89.00) on shares of CocaCola in a report on Wednesday, July 29th. Finally, UBS Group set a $104.00 price target on shares of CocaCola and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Fifteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $95.76.
Read Our Latest Stock Analysis on KO
Insider Transactions at CocaCola In other news, CFO John Murphy sold 152,483 shares of the stock in a transaction on Friday, July 31st. The shares were sold at an average price of $87.31, for a total value of $13,313,290.73. Following the completion of the transaction, the chief financial officer owned 279,917 shares in the company, valued at approximately $24,439,553.27. This represents a 35.26% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 firm’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $89.65, for a total transaction of $6,788,925.55. Following the transaction, the insider directly owned 35,393 shares of the company’s stock, valued at $3,172,982.45. The trade was a 68.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 three months, insiders have sold 1,433,535 shares of company stock worth $121,922,698. 0.90% of the stock is currently owned by company insiders.
About CocaCola (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.
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Erste Asset Management ve 2. čtvrtletí zvýšila podíl v Coca-Cola o 56,9 % na 1 050 768 akcií v hodnotě 86,829 mil. USD. Coca-Cola zároveň oznámila čtvrtletní dividendu 0,53 USD na akcii.
Erste Asset Management GmbH increased its holdings in CocaCola Company (The) (NYSE:KO – Free Report) by 56.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,050,768 shares of the company’s stock after buying an additional 381,076 shares during the period. CocaCola comprises about 0.7% of Erste Asset Management GmbH’s holdings, making the stock its 29th largest position. Erste Asset Management GmbH’s holdings in CocaCola were worth $86,829,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in KO. Everpar Advisors LLC raised its position in CocaCola by 0.9% during the second quarter. Everpar Advisors LLC now owns 14,504 shares of the company’s stock worth $1,179,000 after acquiring an additional 125 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of 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 purchasing an additional 129 shares during the last quarter. HORAN Wealth LLC increased its stake in shares of CocaCola by 3.9% during the 1st quarter. HORAN Wealth LLC now owns 3,458 shares of the company’s stock worth $263,000 after purchasing an additional 130 shares in the last quarter. Wills Financial Group LLC raised its position in shares of CocaCola by 1.3% during the 1st 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 last quarter. Finally, Lee Financial Co raised its position in shares of CocaCola by 0.5% during the 2nd quarter. Lee Financial Co now owns 25,177 shares of the company’s stock worth $2,051,000 after purchasing an additional 135 shares during the last quarter. 70.26% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at CocaCola
In other CocaCola news, insider Sanket Ray sold 9,958 shares of CocaCola stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $86.50, for a total value of $861,367.00. Following the completion of the sale, the insider owned 62,105 shares in the company, valued at $5,372,082.50. The trade was a 13.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Bruno Pietracci sold 75,727 shares of CocaCola stock in a transaction dated Tuesday, July 28th. The shares were 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 owned 35,393 shares of the company’s stock, valued at $3,172,982.45. This trade represents a 68.15% 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. In the last three months, insiders sold 1,433,535 shares of company stock valued at $121,922,698. Corporate insiders own 0.90% of the company’s stock.
CocaCola Stock Up 1.8%
Shares of NYSE KO opened at $90.38 on Thursday. The firm has a market cap of $388.88 billion, a P/E ratio of 27.14, a price-to-earnings-growth ratio of 3.10 and a beta of 0.33. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.12 and a current ratio of 1.30. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $90.92. The firm’s 50 day moving average price is $83.95 and its 200 day moving average price is $80.19.
CocaCola (NYSE:KO – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.04. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The company had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $13.17 billion. During the same period in the previous year, the firm posted $0.87 EPS. CocaCola’s revenue was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, sell-side analysts anticipate that CocaCola Company will post 3.29 earnings per share for the current year.
CocaCola Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a $0.53 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.3%. CocaCola’s payout ratio is currently 63.66%.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on the company. Jefferies Financial Group increased their target price on CocaCola from $95.00 to $104.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Wells Fargo & Company boosted their price target on CocaCola from $90.00 to $95.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. boosted their price target on CocaCola from $90.00 to $96.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Weiss Ratings restated a “buy (b+)” rating on shares of CocaCola in a research report on Friday, July 31st. Finally, Barclays increased their price objective on CocaCola from $91.00 to $93.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Fifteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $95.76.
Read Our Latest Stock Analysis on CocaCola
CocaCola Profile
(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
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Is Apple’s AI Strategy Smarter Than Skeptics Think?
Want to see what other hedge funds are holding KO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CocaCola Company (The) (NYSE:KO – Free Report).
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Florida Trust Wealth Management zvýšila ve 2. čtvrtletí podíl v Coca-Cola o 11,3 % na 129 040 akcií v hodnotě 10,487 milionu USD. Coca-Cola zároveň oznámila čtvrtletní zisk na akcii 0,97 USD a tržby 13,37 miliardy USD.
Florida Trust Wealth Management Co grew its holdings in CocaCola Company (The) (NYSE:KO – Free Report) by 11.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 129,040 shares of the company’s stock after acquiring an additional 13,139 shares during the period. Florida Trust Wealth Management Co’s holdings in CocaCola were worth $10,487,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Everpar Advisors LLC boosted its holdings in CocaCola by 0.9% in the second quarter. Everpar Advisors LLC now owns 14,504 shares of the company’s stock valued at $1,179,000 after purchasing an additional 125 shares during the last quarter. Geneos Wealth Management Inc. grew its position in CocaCola by 0.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 40,879 shares of the company’s stock worth $3,109,000 after purchasing an additional 129 shares during the period. HORAN Wealth LLC raised its stake in shares of CocaCola by 3.9% during the 1st quarter. HORAN Wealth LLC now owns 3,458 shares of the company’s stock valued at $263,000 after buying an additional 130 shares during the last quarter. Wills Financial Group LLC raised its stake in shares of CocaCola by 1.3% during the 1st quarter. Wills Financial Group LLC now owns 10,170 shares of the company’s stock valued at $816,000 after buying an additional 133 shares during the last quarter. Finally, Lee Financial Co lifted its holdings in shares of CocaCola by 0.5% in the 2nd quarter. Lee Financial Co now owns 25,177 shares of the company’s stock valued at $2,051,000 after buying an additional 135 shares during the period. Institutional investors and hedge funds own 70.26% of the company’s stock.
CocaCola Price Performance Shares of NYSE KO opened at $90.38 on Thursday. The firm has a 50-day simple moving average of $83.95 and a 200-day simple moving average of $80.19. The stock has a market capitalization of $388.88 billion, a price-to-earnings ratio of 27.14, a price-to-earnings-growth ratio of 3.10 and a beta of 0.33. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $90.92.
CocaCola (NYSE:KO – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The firm had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. CocaCola’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities analysts predict that CocaCola Company will post 3.29 earnings per share for the current fiscal year. CocaCola Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola’s dividend payout ratio (DPR) is 63.66%.
Analyst Ratings Changes A number of brokerages have recently commented on KO. Jefferies Financial Group upped their target price on CocaCola from $95.00 to $104.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Truist Financial set a $88.00 price target on CocaCola in a report on Friday, June 26th. Royal Bank Of Canada upped their price objective on CocaCola from $87.00 to $96.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $93.00 price objective on shares of CocaCola in a research note on Wednesday, July 29th. Finally, Barclays lifted their target price on shares of CocaCola from $91.00 to $93.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Fifteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $95.76.
View Our Latest Stock Analysis on KO
Insider Buying and Selling at CocaCola In other news, insider Bruno Pietracci sold 75,727 shares of the company’s stock in a transaction that occurred 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 $3,172,982.45. This represents a 68.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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, EVP Jennifer K. Mann sold 100,000 shares of the stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $79.46, for a total value of $7,946,000.00. Following the completion of the sale, the executive vice president directly owned 181,384 shares of the company’s stock, valued at approximately $14,412,772.64. This represents a 35.54% 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 sold 1,433,535 shares of company stock worth $121,922,698. 0.90% of the stock is owned by company insiders.
CocaCola Profile (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 Five stocks we like better than CocaCola Bloom Energy’s AI Surge Meets a Valuation Reality Check Target Is Winning Shoppers Back—Can the Rally Reach $180? IonQ’s Space Contract Points to a New Frontier for Quantum Investors Is Apple’s AI Strategy Smarter Than Skeptics Think?
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Baldwin Investment Management zvýšila ve 2. čtvrtletí podíl v CocaCola Company (The) o 127,6 % na 28 955 akcií v hodnotě 2 353 000 USD. Institucionální investoři nyní drží 70,26 % akcií firmy.
Baldwin Investment Management LLC raised its holdings in CocaCola Company (The) (NYSE:KO – Free Report) by 127.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,955 shares of the company’s stock after acquiring an additional 16,235 shares during the period. Baldwin Investment Management LLC’s holdings in CocaCola were worth $2,353,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Everpar Advisors LLC grew its position in CocaCola by 0.9% during the 2nd quarter. Everpar Advisors LLC now owns 14,504 shares of the company’s stock worth $1,179,000 after acquiring an additional 125 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in CocaCola by 0.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 40,879 shares of the company’s stock worth $3,109,000 after acquiring an additional 129 shares during the period. HORAN Wealth LLC boosted its holdings in shares of CocaCola by 3.9% during the 1st quarter. HORAN Wealth LLC now owns 3,458 shares of the company’s stock worth $263,000 after buying an additional 130 shares in the last quarter. Wills Financial Group LLC increased its stake in shares of CocaCola by 1.3% in the 1st quarter. Wills Financial Group LLC now owns 10,170 shares of the company’s stock valued at $816,000 after acquiring an additional 133 shares in the last quarter. Finally, Lee Financial Co increased its stake in CocaCola by 0.5% in the second quarter. Lee Financial Co now owns 25,177 shares of the company’s stock valued at $2,051,000 after purchasing an additional 135 shares in the last quarter. Institutional investors own 70.26% of the company’s stock.
Insider Buying and Selling In other CocaCola news, insider Sanket Ray sold 9,958 shares of the business’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $86.50, for a total value of $861,367.00. Following the completion of the sale, the insider directly owned 62,105 shares of the company’s stock, valued at $5,372,082.50. The trade was a 13.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Jennifer K. Mann sold 100,000 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $79.46, for a total value of $7,946,000.00. Following the completion of the sale, the executive vice president directly owned 181,384 shares of the company’s stock, valued at approximately $14,412,772.64. This trade represents a 35.54% decrease in their position. 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 1,433,535 shares of company stock worth $121,922,698 over the last 90 days. Insiders own 0.90% of the company’s stock.
Analysts Set New Price Targets KO has been the subject of several recent research reports. Barclays boosted their price objective on CocaCola from $91.00 to $93.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Jefferies Financial Group lifted their target price on shares of CocaCola from $95.00 to $104.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Argus boosted their price target on shares of CocaCola from $91.00 to $97.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Wells Fargo & Company upped their price objective on CocaCola from $90.00 to $95.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Finally, TD Cowen increased their target price on shares of CocaCola from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Fifteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, CocaCola presently has a consensus rating of “Moderate Buy” and an average price target of $95.76. Get Our Latest Research Report on KO
CocaCola Stock Up 1.8% Shares of NYSE KO opened at $90.38 on Thursday. The business has a 50-day moving average of $83.95 and a 200-day moving average of $80.19. The firm has a market capitalization of $388.88 billion, a price-to-earnings ratio of 27.14, a PEG ratio of 3.10 and a beta of 0.33. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $90.92. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97.
CocaCola (NYSE:KO – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.04. The firm had revenue of $13.37 billion for the quarter, compared to analysts’ expectations of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The business’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the company posted $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Sell-side analysts expect that CocaCola Company will post 3.29 earnings per share for the current fiscal year.
CocaCola Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders 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 2.3%. The ex-dividend date is Tuesday, September 15th. CocaCola’s dividend payout ratio (DPR) is presently 63.66%.
About CocaCola (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.
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One of the best blue chip stocks on the market is not only a reliable dividend payer and raiser, it has also crushed the market lately. Shares of the company, which runs a highly profitable and ever-growing business familiar to billions of people, have returned more than 27% this year, almost double the 14.5% of the benchmark S&P 500 index.
Personally speaking, this has been one of my favorite large-cap stocks for years.
Image source: Getty Images.
The world's favorite drink maker It's very possible you have one of this company's products in your refrigerator, or even open at your desk, as we speak. This ever-impressive enterprise is beverage titan Coca-Cola (KO +2.12%).
The company needs little introduction, as the vast majority of the world's population is familiar with its signature drink. What many don't know is that Coke, the beverage, is merely one of over 200 libations in the company's portfolio. It also owns other classic sodas (Sprite and Fanta, to name only two), sports drinks (Powerade), and even canned cocktails (Fresca Mixed).
That sets it apart from the company usually considered its top rival, PepsiCo, which combines a wide selection of snack foods with its beverage portfolio.
In the mid-to-late 2010s, Coca-Cola began restructuring its business, divesting itself of capital-intensive production operations like bottling plants and warehouses. For the most part, it sold them to the local bottlers it had been doing business with for years.
This transformed the company into a lean, asset-light operation that focuses on selling its concentrates and syrups, and on the huge marketing effort that maintains the high profile of its drinks.
The shift also lifted Coca-Cola's already-impressive profit margins even higher. These days, they're well above those of most blue chips.
Take the company's second quarter -- global case volume rose by 5% year over year, which was strong given the age of its brands and their ubiquitous presence. That helped boost revenue by 7% to $13.4 billion, and adjusted net income by 6% to nearly $4.2 billion.
That makes for a net margin of 31%. Recently, the S&P 500 index (of which Coca-Cola is a component) has seen an uptick in average profitability among its constituent companies. The drinks giant beats the pants off this figure; in fact, its percentage is nearly double that average of 15.7%.
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64 years of dividend hikes, and more to come If managed well, a consistently profitable business will throw off tons of cash. Mission accomplished with Coca-Cola, as the company's free cash flow for the first half of the year clocked in at $6.9 billion. That's the kind of cash generation that can not only fund a generous dividend, but keep it constantly on the rise.
Coca-Cola is a champion at this. It's one of the market's rare Dividend Kings, that small group of companies that have engaged in dividend raises at least once every year for a minimum of 50 years running. Even among that exclusive lineup, the company is near the top with its current 64-year streak.
The company's dividend raises aren't token or marginal, either. In February, it bumped the quarterly payout 4% higher to $0.53 per share. That annualizes to $2.12 per share, yielding a fizzy 2.4%. While we're on the subject of Coca-Cola crushing S&P 500 index numbers, that's more than double the current 1% average of the index's component stocks.
Since the company's business is easier to predict than others and is tracked by many analysts, its revenue and profitability usually land close to estimates. So it's encouraging that the consensus analyst projection for annual earnings per share (EPS) is $3.34, more than 11% higher than the 2025 number. Revenue is expected to rise by over 3% to $49.7 billion.
Meanwhile, at the start of 2027, we can expect yet another dividend raise. So Coca-Cola's fundamentals and its payout are slated to rise, and surely not for the last time. What more could you want from an investment? To me, this eternal rock star of a stock is not only a buy in August, but also in any other month on the calendar. Every investor should consider owning it.
EverSource Wealth Advisors LLC ve 2. čtvrtletí snížila podíl v Coca-Cole o 35 % a prodala 14 225 akcií. Po prodeji držela 26 422 akcií v hodnotě 2 147 000 USD.
EverSource Wealth Advisors LLC lessened its stake in shares of CocaCola Company (The) (NYSE:KO – Free Report) by 35.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,422 shares of the company’s stock after selling 14,225 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in CocaCola were worth $2,147,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in KO. Everpar Advisors LLC boosted its stake in CocaCola by 0.9% during the second quarter. Everpar Advisors LLC now owns 14,504 shares of the company’s stock valued at $1,179,000 after buying an additional 125 shares in the last quarter. Geneos Wealth Management Inc. raised 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 worth $3,109,000 after acquiring an additional 129 shares in the last quarter. HORAN Wealth LLC raised its position in 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 acquiring an additional 130 shares in the last quarter. Wills Financial Group LLC lifted its holdings in CocaCola by 1.3% in the 1st quarter. Wills Financial Group LLC now owns 10,170 shares of the company’s stock valued at $816,000 after acquiring an additional 133 shares during the last quarter. Finally, Lee Financial Co lifted its holdings in CocaCola by 0.5% in the 2nd quarter. Lee Financial Co now owns 25,177 shares of the company’s stock valued at $2,051,000 after acquiring an additional 135 shares during the last quarter. Institutional investors own 70.26% of the company’s stock.
CocaCola Trading Down 0.8%
CocaCola stock opened at $86.99 on Tuesday. The company’s fifty day simple moving average is $83.66 and its 200-day simple moving average is $79.95. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $90.92. The stock has a market cap of $374.28 billion, a P/E ratio of 26.12, a P/E/G ratio of 3.06 and a beta of 0.33.
CocaCola (NYSE:KO – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The business had revenue of $13.37 billion for the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. CocaCola’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, sell-side analysts forecast that CocaCola Company will post 3.29 EPS for the current fiscal year.
CocaCola Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.53 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.4%. CocaCola’s dividend payout ratio (DPR) is 63.66%.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on the stock. Barclays lifted their price objective on shares of CocaCola from $91.00 to $93.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. HSBC lowered shares of CocaCola from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Piper Sandler lifted their price target on shares of CocaCola from $88.00 to $95.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Truist Financial set a $88.00 price target on shares of CocaCola in a research report on Friday, June 26th. Finally, Evercore reaffirmed an “outperform” rating and issued a $100.00 price target on shares of CocaCola in a report on Tuesday, July 28th. Fifteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, CocaCola has an average rating of “Moderate Buy” and an average target price of $95.76.
Check Out Our Latest Report on KO
Insider Activity at CocaCola
In other news, insider Bruno Pietracci sold 75,727 shares of CocaCola stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $89.65, for a total transaction of $6,788,925.55. Following the completion of the sale, the insider directly owned 35,393 shares in the company, valued at $3,172,982.45. The trade was a 68.15% decrease in their position. The sale 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. Also, EVP Jennifer K. Mann sold 23,984 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $83.41, for a total value of $2,000,505.44. Following the completion of the sale, the executive vice president directly owned 157,400 shares of the company’s stock, valued at approximately $13,128,734. The trade was a 13.22% 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. Over the last three months, insiders sold 1,433,535 shares of company stock worth $121,922,698. 0.90% of the stock is currently owned by corporate insiders.
CocaCola Profile
(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.
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