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

Key Points

• Representative Lloyd Doggett disclosed a purchase of between $1,001 and $15,000 in Coca‑Cola (NYSE:KO) shares on April 1, 2026, and has made several other small purchases of large-cap stocks this year.
• Coca‑Cola beat Q1 estimates with $0.86 EPS vs. $0.81 expected and $12.47B revenue (up 11.4% YoY), issued FY2026 guidance of $3.240–$3.270 EPS, and announced a $0.53 quarterly dividend (2.7% yield).
• Insider sales were substantial: the CFO sold 72,449 shares and the CEO sold 250,688 shares (555,101 shares sold in the past 90 days, ~$44.2M), while analysts broadly rate KO a "Buy" with an average target near $86.27.

Representative Lloyd Doggett (Democratic-Texas) recently bought shares of CocaCola Company The) (NYSE: KO. In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in CocaCola stock on April 1st.

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

• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 3/26/2026.
• Purchased $1,001 - $15,000 in shares of PPG Industries NYSE: PPG on 3/12/2026.
• Purchased $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 3/10/2026.
• Purchased $1,001 - $15,000 in shares of Johnson & Johnson NYSE: JNJ on 3/10/2026.
• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 2/17/2026.

CocaCola Stock Down 0.9%

KO stock opened at $78.48 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. The stock has a market capitalization of $337.67 billion, a price-to-earnings ratio of 24.68, a PEG ratio of 3.17 and a beta of 0.35. The business's fifty day moving average price is $77.03 and its two-hundred day moving average price is $73.84. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $82.00.

CocaCola (NYSE:KO - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.05. The firm had revenue of $12.47 billion for the quarter, compared to analysts' expectations of $12.24 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The company's quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, equities analysts anticipate that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a dividend of $0.53 per share. The ex-dividend date is Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 2.7%. CocaCola's dividend payout ratio (DPR) is presently 66.67%.

Institutional Trading of CocaCola

Several large investors have recently bought and sold shares of KO. Anfield Capital Management LLC boosted its stake in CocaCola by 438.8% in the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company's stock valued at $25,000 after buying an additional 294 shares in the last quarter. Louisbourg Investments Inc. acquired a new stake in CocaCola in the first quarter valued at about $25,000. Headlands Technologies LLC acquired a new stake in shares of CocaCola during the second quarter valued at about $26,000. Marquette Asset Management LLC acquired a new stake in shares of CocaCola during the third quarter valued at about $27,000. Finally, Cloud Capital Management LLC acquired a new stake in shares of CocaCola during the third quarter valued at about $27,000. 70.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on KO. TD Cowen increased their price objective on CocaCola from $85.00 to $90.00 and gave the stock a "buy" rating in a research report on Wednesday, April 29th. Wells Fargo & Company raised their price target on CocaCola from $79.00 to $87.00 and gave the stock an "overweight" rating in a research report on Monday, February 9th. UBS Group raised their price target on CocaCola from $90.00 to $92.00 and gave the stock a "buy" rating in a research report on Wednesday, April 29th. Truist Financial set a $85.00 price target on CocaCola in a research report on Wednesday, February 11th. Finally, JPMorgan Chase & Co. raised their price target on CocaCola from $83.00 to $85.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 29th. Fifteen research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of $86.27.

Insider Activity

In other news, CFO John Murphy sold 72,449 shares of CocaCola stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $80.52, for a total transaction of $5,833,593.48. Following the sale, the chief financial officer directly owned 279,917 shares of the company's stock, valued at approximately $22,538,916.84. This trade represents a 20.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO James Quincey sold 250,688 shares of CocaCola stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.14, for a total value of $19,839,448.32. Following the sale, the chief executive officer directly owned 278,155 shares in the company, valued at $22,013,186.70. The trade was a 47.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 555,101 shares of company stock valued at $44,208,566. 0.90% of the stock is currently owned by company 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.

CocaCola Company Profile

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.

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 contact@marketbeat.com.