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Monica Howard Douglas, Executive Vice President at Coca-Cola Co (NYSE:KO), recently sold 5,565 shares of the company’s common stock. The shares were sold at an average price of $70.8412, resulting in a total transaction value of approximately $394,231. The transaction occurred with the stock trading near its 52-week high of $73.53, while InvestingPro analysis indicates the stock is currently trading above its Fair Value. Following this sale, Douglas holds 37,725 shares directly. Additionally, she maintains indirect ownership of 6,619 shares through a 401(k) plan and 3,688 hypothetical shares via a supplemental 401(k) plan. The beverage giant, with a market capitalization of $304.6 billion, maintains strong financial health according to InvestingPro metrics, boasting impressive gross profit margins of 61% and a 54-year track record of consecutive dividend increases. Discover 10+ additional exclusive insights and comprehensive analysis available through InvestingPro’s detailed research report.
In other recent news, Coca-Cola has reported strong financial performance and strategic moves that have captured the attention of analysts and investors alike. Citi analyst Filippo Falorni maintained a Buy rating on Coca-Cola stock with an $85 price target, following the company’s robust fourth-quarter results. Coca-Cola’s organic sales growth of 14% exceeded expectations, with earnings per share (EPS) of $0.55 surpassing the consensus estimate of $0.52. Piper Sandler also raised its price target for Coca-Cola to $80, citing the company’s strong near-term momentum and expected 5-6% organic revenue growth for 2025.
Jefferies analyst Kaumil Gajrawala increased the price target to $79, highlighting Coca-Cola’s strong finish to the year and its positive guidance for 2025. Erste Group upgraded Coca-Cola stock from Hold to Buy, pointing to the company’s robust profitability and optimistic growth projections. Additionally, Coca-Cola announced an increase in its quarterly dividend for the 63rd consecutive year, raising it by 5.2% to 51 cents per share.
These developments underscore Coca-Cola’s strategic initiatives, such as introducing new products like probiotic lemonades, which are expected to drive growth. Analysts from firms like Jefferies and Erste Group express confidence in Coca-Cola’s ability to maintain a competitive edge and continue delivering shareholder value. The company’s ongoing financial health and growth prospects have led to positive assessments and upgraded stock ratings from multiple analysts.
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