Rep. Lloyd Doggett Purchases Shares of CocaCola Company (The) (NYSE:KO)

Representative Lloyd Doggett (Democratic-Texas) recently bought shares of CocaCola Company (The) (NYSE:KO). In a filing disclosed on August 05th, the Representative disclosed that they had bought between $1,001 and $15,000 in CocaCola stock on July 1st.

Representative Lloyd Doggett also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 6/18/2026.
  • Purchased $1,001 – $15,000 in shares of PPG Industries (NYSE:PPG) on 6/12/2026.
  • Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 6/10/2026.
  • Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/9/2026.
  • Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 5/15/2026.

CocaCola Trading Down 0.1%

NYSE:KO opened at $86.70 on Friday. CocaCola Company has a one year low of $65.35 and a one year high of $90.92. The company has a market cap of $373.04 billion, a PE ratio of 26.04, a PEG ratio of 3.03 and a beta of 0.33. 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 50-day moving average of $82.49 and a 200-day moving average of $79.22.

CocaCola (NYSE:KOGet 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. The firm had revenue of $13.37 billion during 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 revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.87 EPS. 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 fiscal 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 of this dividend is Tuesday, September 15th. This represents a $2.12 annualized dividend and a dividend yield of 2.4%. CocaCola’s payout ratio is presently 63.66%.

Insider Activity

In related news, insider Bruno Pietracci sold 75,727 shares of the company’s stock in a transaction 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 transaction, the insider directly owned 35,393 shares in the company, valued at approximately $3,172,982.45. The trade was a 68.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 31,625 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $80.93, for a total value of $2,559,411.25. Following the transaction, the executive vice president owned 223,330 shares in the company, valued at $18,074,096.90. This trade represents a 12.40% 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. In the last 90 days, insiders have sold 1,455,202 shares of company stock worth $123,620,742. Corporate insiders own 0.90% of the company’s stock.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

  • Positive Sentiment: Raised outlook and margin gains: Coca-Cola’s higher 2026 guidance, stronger margins and broad-based volume growth are being viewed as evidence of continued earnings momentum. Can Coca-Cola’s Raised 2026 Outlook Support More Earnings Growth?
  • Positive Sentiment: Emerging-market expansion: Growth in international markets and Coca-Cola’s affordability strategy could offset slower U.S. beverage demand and support the company’s revised global outlook. Will Coca-Cola’s Emerging Market Expansion Offset U.S. Slowdown?
  • Positive Sentiment: Defensive dividend appeal: Coca-Cola continues to attract investors seeking dependable income, with its long record of dividend payments and consumer-staples exposure standing out amid market volatility. Can Coca-Cola Keep Its Steady Payout Streak Intact This Year?
  • Positive Sentiment: Favorable analyst and investor sentiment: Recent commentary highlights Coca-Cola’s volume growth, margin improvement, cash-flow potential and strong 2026 share performance, helping maintain a bullish long-term narrative. Wall Street Bulls Look Optimistic About Coca-Cola
  • Neutral Sentiment: Industry positioning: Coca-Cola is being highlighted alongside other beverage companies as investors assess demand trends, health-focused innovation and growth opportunities across the soft-drink sector. Zacks Industry Outlook
  • Negative Sentiment: Premium valuation: With KO trading near a historically strong level, investors may demand continued execution; the current valuation leaves less room for disappointing growth or guidance. Is Coca-Cola Stock Worth Buying as Growth Meets a Premium Valuation?
  • Negative Sentiment: U.S. demand and execution risks: Softer domestic demand, tougher comparisons and uncertainty surrounding the timing of an Africa business sale remain potential headwinds to the outlook. Coca-Cola’s Raised 2026 Outlook

Institutional Investors Weigh In On CocaCola

Several large investors have recently added to or reduced their stakes in the business. Anfield Capital Management LLC grew 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 worth $25,000 after purchasing an additional 294 shares in the last quarter. Louisbourg Investments Inc. bought a new stake in CocaCola during the first quarter valued at approximately $25,000. Headlands Technologies LLC bought a new stake in CocaCola during the second quarter valued at approximately $26,000. Evolution Wealth Management Inc. grew its stake in CocaCola by 1,081.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock worth $27,000 after buying an additional 357 shares in the last quarter. Finally, Guardian Partners Inc. bought a new position in shares of CocaCola in the 2nd quarter worth $27,000. Institutional investors own 70.26% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Argus lifted their price objective on shares of CocaCola from $91.00 to $97.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $93.00 price target on shares of CocaCola in a report on Wednesday, July 29th. HSBC downgraded CocaCola from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Morgan Stanley reiterated an “overweight” rating and set a $100.00 price target (up from $89.00) on shares of CocaCola in a research note on Wednesday, July 29th. Finally, 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 report on Wednesday, July 29th. Fifteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $95.76.

View Our Latest Report on KO

About Representative Doggett

Lloyd Doggett (Democratic Party) is a member of the U.S. House, representing Texas’ 37th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Doggett (Democratic Party) is running for re-election to the U.S. House to represent Texas’ 37th Congressional District. He declared candidacy for the 2026 election.

Lloyd Doggett was born in Austin, Texas. Doggett graduated from Austin High School in 1964. He earned a B.A. from the University of Texas at Austin in 1967 and a J.D. from the University of Texas in 1970. Doggett’s career experience includes working as an adjunct professor with the University of Texas School of Law. In the 116th Congress, Doggett served on the House Ways & Means Committee, and he co-founded the House Prescription Drug Taskforce.

CocaCola Company Profile

(Get 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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