Representative Lloyd Doggett (D-Texas) recently bought shares of The Coca-Cola Company NYSE: KO. In a filing disclosed on May 05th, the Representative disclosed that they had bought between $1,001 and $15,000 in Coca-Cola 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 3/27/2025.
- Purchased $1,001 - $15,000 in shares of PPG Industries NYSE: PPG on 3/12/2025.
- Purchased $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 3/10/2025.
- Purchased $1,001 - $15,000 in shares of Johnson & Johnson NYSE: JNJ on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 2/18/2025.
Coca-Cola Stock Performance
NYSE KO opened at $71.78 on Wednesday. The stock has a market cap of $308.90 billion, a P/E ratio of 29.06, a PEG ratio of 3.79 and a beta of 0.47. The company has a quick ratio of 0.84, a current ratio of 1.03 and a debt-to-equity ratio of 1.61. The Coca-Cola Company has a twelve month low of $60.62 and a twelve month high of $74.38. The company's 50-day simple moving average is $70.94 and its 200 day simple moving average is $66.59.
Coca-Cola (NYSE:KO - Get Free Report) last issued its earnings results on Tuesday, April 29th. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.71 by $0.02. The business had revenue of $11.13 billion during the quarter, compared to analysts' expectations of $11.23 billion. Coca-Cola had a return on equity of 45.37% and a net margin of 22.59%. Coca-Cola's quarterly revenue was down .7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.72 EPS. As a group, research analysts forecast that The Coca-Cola Company will post 2.96 earnings per share for the current fiscal year.
Coca-Cola Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be given a dividend of $0.51 per share. The ex-dividend date is Friday, June 13th. This represents a $2.04 annualized dividend and a dividend yield of 2.84%. Coca-Cola's dividend payout ratio (DPR) is currently 81.60%.
Institutional Investors Weigh In On Coca-Cola
Institutional investors have recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. raised its holdings in Coca-Cola by 18.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 74,163,187 shares of the company's stock worth $4,617,400,000 after purchasing an additional 11,569,920 shares during the period. Norges Bank acquired a new stake in Coca-Cola during the 4th quarter worth $3,402,151,000. Northern Trust Corp lifted its holdings in Coca-Cola by 9.5% during the fourth quarter. Northern Trust Corp now owns 43,802,296 shares of the company's stock worth $2,727,131,000 after acquiring an additional 3,811,756 shares in the last quarter. Franklin Resources Inc. grew its stake in Coca-Cola by 21.9% in the fourth quarter. Franklin Resources Inc. now owns 34,103,772 shares of the company's stock valued at $2,123,301,000 after acquiring an additional 6,118,819 shares during the period. Finally, Capital International Investors increased its holdings in shares of Coca-Cola by 96.0% in the fourth quarter. Capital International Investors now owns 24,949,194 shares of the company's stock worth $1,553,337,000 after acquiring an additional 12,222,885 shares in the last quarter. 70.26% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Coca-Cola
In other news, COO Henrique Braun sold 25,277 shares of the business's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $71.47, for a total value of $1,806,547.19. Following the sale, the chief operating officer now directly owns 52,466 shares in the company, valued at $3,749,745.02. The trade was a 32.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Nikolaos Koumettis sold 54,708 shares of the stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $70.96, for a total value of $3,882,079.68. Following the transaction, the insider now owns 246,909 shares of the company's stock, valued at approximately $17,520,662.64. The trade was a 18.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 313,423 shares of company stock valued at $22,263,071 over the last 90 days. 0.97% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on KO shares. Morgan Stanley boosted their target price on shares of Coca-Cola from $76.00 to $78.00 and gave the company an "overweight" rating in a research note on Wednesday, February 12th. UBS Group boosted their price target on shares of Coca-Cola from $84.00 to $86.00 and gave the company a "buy" rating in a research report on Wednesday, April 30th. Evercore ISI raised their price objective on shares of Coca-Cola from $72.00 to $75.00 and gave the stock an "outperform" rating in a report on Wednesday, February 12th. DZ Bank raised Coca-Cola from a "hold" rating to a "buy" rating and set a $75.00 target price on the stock in a report on Thursday, February 13th. Finally, Cfra Research upgraded Coca-Cola to a "strong-buy" rating in a research report on Tuesday, April 15th. Two equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $75.59.
View Our Latest Stock 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.
Coca-Cola Company Profile
(
Get Free Report)
The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.
Further Reading
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