Coca-Cola (NYSE:KO) Stock Acquired by Rep. Lloyd Doggett

Key Points

• Rep. Lloyd Doggett disclosed buying $1,001–$15,000 of Coca-Cola shares on October 1; he also reported recent purchases of several other large companies.
• Coca-Cola beat quarterly expectations, posting EPS of $0.91 versus $0.88 expected and revenue of $13.35 billion, up 7.2% year over year.
• The company declared a quarterly dividend of $0.53 per share, equivalent to a 2.2% annualized yield. Analysts’ consensus rating was “Moderate Buy,” though the article noted concerns that the stock’s valuation is elevated after its run-up.

Representative Lloyd Doggett (Democratic-Texas) recently bought shares of Coca-Cola Company The) (NYSE: KO. In a filing disclosed on November 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in Coca-Cola stock on October 1st.

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

• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 9/17/2026.
• Purchased $1,001 - $15,000 in shares of PPG Industries NYSE: PPG on 9/11/2026.
• Purchased $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 9/10/2026.
• Purchased $1,001 - $15,000 in shares of Johnson & Johnson NYSE: JNJ on 9/8/2026.
• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 8/17/2026.

Coca-Cola Trading Down 0.2%

Shares of NYSE KO opened at $97.40 on Friday. The business's 50 day moving average is $90.62 and its two-hundred day moving average is $83.18. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.38 and a quick ratio of 1.19. Coca-Cola Company has a 1-year low of $67.27 and a 1-year high of $98.38. The stock has a market capitalization of $419.02 billion, a P/E ratio of 29.39, a PEG ratio of 3.81 and a beta of 0.28.

Coca-Cola (NYSE:KO - Get Free Report) last posted its quarterly earnings data on Tuesday, October 27th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.03. The business had revenue of $13.35 billion during the quarter, compared to analyst estimates of $12.92 billion. Coca-Cola had a return on equity of 38.79% and a net margin of 28.65%. The company's revenue for the quarter was up 7.2% on a year-over-year basis. During the same period last year, the company earned $0.82 EPS. As a group, research analysts expect that Coca-Cola Company will post 3.34 EPS for the current year.

Coca-Cola Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be given a $0.53 dividend. The ex-dividend date is Tuesday, December 1st. This represents a $2.12 annualized dividend and a yield of 2.2%. Coca-Cola's dividend payout ratio (DPR) is currently 62.35%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. State Street Corp grew its position in Coca-Cola by 0.7% in the 3rd quarter. State Street Corp now owns 168,523,287 shares of the company's stock valued at $14,594,239,000 after acquiring an additional 1,123,908 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Coca-Cola by 4.4% during the second quarter. Bank of America Corp DE now owns 45,958,636 shares of the company's stock worth $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 lifted its position in shares of Coca-Cola by 0.4% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,354,414 shares of the company's stock worth $2,954,523,000 after purchasing an additional 162,097 shares during the last quarter. Wellington Management Group LLP increased its stake in Coca-Cola by 9.2% in the 2nd quarter. Wellington Management Group LLP now owns 29,053,752 shares of the company's stock worth $2,361,198,000 after buying an additional 2,439,026 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in Coca-Cola by 1.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 18,822,295 shares of the company's stock worth $1,431,495,000 after buying an additional 235,785 shares during the period. Institutional investors own 70.26% of the company's stock.

Analyst Ratings Changes

KO has been the topic of several analyst reports. Barclays boosted their target price on Coca-Cola from $93.00 to $98.00 and gave the company an "overweight" rating in a research report on Friday, October 16th. Seaport Research Partners set a $95.00 price objective on shares of Coca-Cola in a research note on Friday, August 14th. TD Cowen boosted their price objective on shares of Coca-Cola from $100.00 to $104.00 and gave the company a "buy" rating in a research report on Wednesday, October 28th. HSBC boosted their price objective on shares of Coca-Cola from $90.00 to $98.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. Finally, Bank of America increased their target price on shares of Coca-Cola from $95.00 to $100.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $97.26.

Coca-Cola News Roundup

Here's some of the latest news about KO:

• Positive Sentiment: Zacks Research raised several earnings forecasts, including FY2026 EPS to $3.34 from $3.29 and FY2028 EPS to $3.78 from $3.74, signaling improved expectations for longer-term earnings. Zacks Research earnings estimate updates
• Neutral Sentiment: Coca-Cola announced that President and CFO John Murphy will speak at the Morgan Stanley Global Consumer & Retail Conference on December 2. The notice did not include new financial guidance. The Coca-Cola Company Announces Participation in Morgan Stanley Global Consumer & Retail Conference
• Negative Sentiment: Some analysts caution that KO’s valuation is elevated after its run-up, and Zacks Research trimmed its Q1 2028 EPS estimate slightly, from $0.95 to $0.94. These factors could weigh on investor appetite despite the positive business outlook. Coca-Cola Stock Hits 52-Week High: Should You Buy Now or Wait?

Insider Activity at Coca-Cola

In other Coca-Cola news, EVP Nancy Quan sold 20,585 shares of the business's stock in a transaction dated Thursday, November 5th. The shares were sold at an average price of $95.62, for a total value of $1,968,337.70. Following the completion of the sale, the executive vice president directly owned 223,330 shares of the company's stock, valued at $21,354,814.60. The trade was a 8.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 business's stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $90.93, for a total transaction of $10,126,419.45. Following the completion of the sale, the insider directly owned 41,365 shares of the company's stock, valued at approximately $3,761,319.45. This trade represents a 72.92% 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 sold 249,498 shares of company stock worth $23,025,238 in the last 90 days. 0.90% of the stock is owned by corporate insiders.

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.

Coca-Cola Company Profile

The Coca-Cola Company NYSE: KO is a global beverage company headquartered in Atlanta, Georgia. Founded in 1886, it is best known for Coca-Cola, one of the world’s most recognized soft drink brands. The company owns, licenses, and markets a broad portfolio of beverages, including sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and energy drinks. Its brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, smartwater, Powerade, Minute Maid, Simply, fairlife, and Costa Coffee, among others.

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