Rep. Kevin Hern Purchases Shares of CocaCola Company (The) (NYSE:KO)

Key Points

• Rep. Kevin Hern purchased $1,001–$15,000 of Coca-Cola shares on August 31 through the Hern Family Foundation account. He also recently sold positions in several other companies, including CenterPoint Energy, Home Depot and NextEra Energy.
• Coca-Cola reported stronger-than-expected quarterly results, with EPS of $0.97 and revenue of $13.37 billion, up 6.2% year over year. Analysts maintain a “Moderate Buy” consensus and an average price target of $96.18, versus a recent share price near $87.25.
• The company declared a quarterly dividend of $0.53 per share, representing a 2.4% annualized yield. While institutional ownership is high at 70.26%, company insiders have sold 926,620 shares worth roughly $83.1 million over the past 90 days.

Representative Kevin Hern (Republican-Oklahoma) recently bought shares of CocaCola Company The) (NYSE: KO. In a filing disclosed on September 25th, the Representative disclosed that they had bought between $1,001 and $15,000 in CocaCola stock on August 31st. The trade occurred in the Representative's "HERN FAMILY FOUNDATION" account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of CenterPoint Energy NYSE: CNP on 9/15/2026.
• Sold $1,001 - $15,000 in shares of TJX Companies NYSE: TJX on 9/15/2026.
• Sold $15,001 - $50,000 in shares of STERIS NYSE: STE on 9/15/2026.
• Sold $1,001 - $15,000 in shares of Seagate Technology NASDAQ: STX on 9/15/2026.
• Sold $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 9/14/2026.
• Sold $1,001 - $15,000 in shares of Marsh & McLennan Companies NYSE: MRSH on 9/14/2026.
• Sold $15,001 - $50,000 in shares of IQVIA NYSE: IQV on 9/14/2026.
• Sold $15,001 - $50,000 in shares of Home Depot NYSE: HD on 9/14/2026.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 9/14/2026.
• Sold $15,001 - $50,000 in shares of Emerson Electric NYSE: EMR on 9/14/2026.

CocaCola Stock Down 0.6%

KO opened at $87.25 on Tuesday. The business has a 50 day moving average price of $87.74 and a two-hundred day moving average price of $82.19. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $92.49. The company has a market cap of $375.38 billion, a PE ratio of 26.20, a P/E/G ratio of 3.42 and a beta of 0.34. 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 (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, beating analysts' consensus estimates of $0.93 by $0.04. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The business had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. During the same quarter in the previous year, the company posted $0.87 earnings per share. The company's revenue for the quarter was up 6.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, research analysts anticipate that CocaCola Company will post 3.29 EPS for the current year.

CocaCola Dividend Announcement

The business also recently disclosed 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 of this dividend is Tuesday, September 15th. This represents a $2.12 annualized dividend and a yield of 2.4%. CocaCola's dividend payout ratio is currently 63.66%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on KO shares. Seaport Research Partners set a $95.00 price objective on shares of CocaCola in a research report on Friday, August 14th. Morgan Stanley reaffirmed 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. Daiwa Securities Group raised their price objective on shares of CocaCola from $83.00 to $93.00 and gave the company an "outperform" rating in a research note on Thursday, July 30th. Barclays increased their price target on CocaCola from $91.00 to $93.00 and gave the company an "overweight" rating in a report on Thursday, July 30th. Finally, Weiss Ratings upgraded shares of CocaCola from a "buy (b+)" rating to a "buy (a-)" rating in a report on Thursday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $96.18.

Insider Buying and Selling

In other news, EVP Nancy Quan sold 50,000 shares of the business's stock in a transaction dated 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 transaction, the executive vice president owned 223,330 shares in the company, valued at approximately $20,186,798.70. The trade was a 18.29% decrease in their position. The transaction was disclosed in a document filed 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, Chairman James Quincey sold 145,947 shares of CocaCola stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $90.09, for a total value of $13,148,365.23. Following the sale, the chairman directly owned 122,833 shares in the company, valued at approximately $11,066,024.97. This trade represents a 54.30% 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. Over the last ninety days, insiders sold 926,620 shares of company stock worth $83,075,714. 0.90% of the stock is currently owned by corporate insiders.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: JPMorgan Chase reaffirmed its Buy/Overweight view on Coca-Cola, indicating continued confidence in the company’s defensive earnings profile and long-term growth prospects.
• Positive Sentiment: Coca-Cola’s global beverage volume increased 5% year over year in the second quarter of fiscal 2026. Strong execution, product innovation, portfolio breadth and revenue-management initiatives are supporting demand across markets. What's Driving Coca-Cola's Broad-Based Global Volume Growth?
• Positive Sentiment: Coca-Cola continues to attract bullish Wall Street commentary, reinforcing investor interest in its consistent earnings, dividend growth and relatively defensive business model. Is It Worth Investing in Coca-Cola Based on Wall Street's Bullish Views?
• Neutral Sentiment: Coca-Cola hired a senior executive from Monster Beverage. The appointment could support future innovation and growth, although its financial impact is not yet clear. Coca-Cola Hires a Key Executive From Monster Beverage
• Neutral Sentiment: Coca-Cola’s long record of consecutive dividend increases continues to make it attractive to income-focused investors, though dividend history alone may not drive an immediate price reaction. How Many Coca-Cola Shares Are Needed for $10,000 in Yearly Dividends?
• Negative Sentiment: JPMorgan reduced its price target from $96 to $95 while retaining an Overweight rating. The change still implies meaningful upside, but signals slightly less near-term appreciation potential.
• Negative Sentiment: One analysis cautioned that Coca-Cola’s strong rally, premium valuation and already-robust earnings and dividend record may leave less room for further gains, potentially contributing to recent weakness. Be Careful With Coca-Cola Right Now

Institutional Trading of CocaCola

Hedge funds and other institutional investors have recently bought and sold shares of the company. Eurizon SLJ Capital Ltd bought a new position in CocaCola in the 4th quarter worth approximately $552,000. Banco Santander S.A. grew its stake in shares of CocaCola by 3.1% in the second quarter. Banco Santander S.A. now owns 1,090,758 shares of the company's stock worth $88,646,000 after acquiring an additional 32,723 shares during the last quarter. Daymark Wealth Partners LLC increased its position in CocaCola by 68.5% during the second quarter. Daymark Wealth Partners LLC now owns 218,199 shares of the company's stock worth $17,733,000 after acquiring an additional 88,690 shares during the period. Cibc World Market Inc. raised its stake in CocaCola by 4.8% during the 4th quarter. Cibc World Market Inc. now owns 1,759,546 shares of the company's stock valued at $123,010,000 after purchasing an additional 79,946 shares during the last quarter. Finally, Moore Capital Management LP acquired a new position in CocaCola during the 2nd quarter valued at $12,905,000. 70.26% of the stock is owned by institutional investors.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma's 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027. Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma's 1st Congressional District. He declared candidacy for the 2026 election. Kevin Hern went into business as a McDonald's franchisee in 1999. He acquired 10 McDonald's franchises by 2012. He served on the McDonald's National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About CocaCola

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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