Rep. Lloyd Doggett Purchases Shares of Coca-Cola Company (The) (NYSE:KO)

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 Stock Performance

NYSE KO opened at $97.40 on Friday. Coca-Cola Company has a 1-year low of $67.27 and a 1-year high of $98.38. The company has a 50 day moving average of $90.62 and a 200-day moving average of $83.18. The company has a current ratio of 1.38, a quick ratio of 1.19 and a debt-to-equity ratio of 0.93. The firm has a market cap of $419.02 billion, a price-to-earnings ratio of 28.65, a PEG ratio of 3.81 and a beta of 0.28.

Coca-Cola (NYSE:KO) last announced its earnings results on Tuesday, October 27th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.88 by $0.03. The business had revenue of $13.35 billion for the quarter, compared to the consensus estimate of $12.92 billion. Coca-Cola had a return on equity of 38.79% and a net margin of 28.65%. Coca-Cola’s revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.82 EPS. On average, equities analysts forecast that Coca-Cola Company will post 3.34 earnings per share for the current fiscal year.

Coca-Cola Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $2.12 annualized dividend and a dividend yield of 2.2%. Coca-Cola’s dividend payout ratio (DPR) is presently 62.35%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. State Street Corp raised its position in shares of Coca-Cola by 0.7% during the third quarter. State Street Corp now owns 168,523,287 shares of the company’s stock worth $14,594,239,000 after acquiring an additional 1,123,908 shares during the last quarter. Bank of America Corp DE boosted its holdings in Coca-Cola by 4.4% in the second quarter. Bank of America Corp DE now owns 45,958,636 shares of the company’s stock valued at $3,735,058,000 after acquiring an additional 1,939,673 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Coca-Cola by 0.4% in 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 valued at $2,954,523,000 after acquiring an additional 162,097 shares during the last quarter. Wellington Management Group LLP increased its position in Coca-Cola by 9.2% in the second quarter. Wellington Management Group LLP now owns 29,053,752 shares of the company’s stock worth $2,361,198,000 after purchasing an additional 2,439,026 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Coca-Cola by 1.3% in the first quarter. Dimensional Fund Advisors LP now owns 18,822,295 shares of the company’s stock worth $1,431,495,000 after purchasing an additional 235,785 shares during the period. Institutional investors own 70.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on KO. Wells Fargo & Company lifted their price objective on Coca-Cola from $90.00 to $100.00 and gave the company an “overweight” rating in a research report on Wednesday, October 28th. CICC Research increased their target price on Coca-Cola from $85.00 to $95.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. JPMorgan Chase & Co. raised their target price on Coca-Cola from $95.00 to $98.00 and gave the company an “overweight” rating in a research note on Wednesday, October 28th. Piper Sandler raised their target price on Coca-Cola from $95.00 to $102.00 and gave the company an “overweight” rating in a research note on Monday, October 26th. Finally, Seaport Research Partners set a $95.00 price target on Coca-Cola in a report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $97.26.

Insiders Place Their Bets

In other news, EVP Beatriz R. Perez sold 67,548 shares of the firm’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $94.91, for a total value of $6,410,980.68. Following the transaction, the executive vice president owned 160,428 shares of the company’s stock, valued at approximately $15,226,221.48. This trade represents a 29.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Nancy Quan sold 20,585 shares of the firm’s stock in a transaction dated Thursday, November 5th. The shares were sold at an average price of $95.62, for a total transaction of $1,968,337.70. Following the completion of the transaction, the executive vice president directly owned 223,330 shares in the company, valued at $21,354,814.60. This trade represents a 8.44% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 249,498 shares of company stock valued at $23,025,238. 0.90% of the stock is currently owned by 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.

About Coca-Cola

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.