Geode Capital Management LLC Raises Stake in Coca-Cola Consolidated, Inc. $COKE

Posted by George Bondi on Jun 3rd, 2026

Geode Capital Management LLC raised its position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE – Free Report) by 4.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,408,115 shares of the company’s stock after acquiring an additional 57,238 shares during the quarter. Geode Capital Management LLC’s holdings in Coca-Cola Consolidated were worth $215,899,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Quarry LP purchased a new position in Coca-Cola Consolidated in the third quarter worth approximately $25,000. Advisory Services Network LLC purchased a new position in Coca-Cola Consolidated in the third quarter worth approximately $25,000. Newbridge Financial Services Group Inc. lifted its stake in Coca-Cola Consolidated by 900.0% in the second quarter. Newbridge Financial Services Group Inc. now owns 230 shares of the company’s stock worth $26,000 after acquiring an additional 207 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in Coca-Cola Consolidated by 175.0% in the third quarter. Smartleaf Asset Management LLC now owns 220 shares of the company’s stock worth $26,000 after acquiring an additional 140 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in Coca-Cola Consolidated by 900.0% in the second quarter. Geneos Wealth Management Inc. now owns 250 shares of the company’s stock worth $28,000 after acquiring an additional 225 shares during the last quarter. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of Coca-Cola Consolidated in a research note on Friday, March 27th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

Read Our Latest Stock Report on COKE

Coca-Cola Consolidated Stock Up 1.7%

Shares of NASDAQ:COKE opened at $175.00 on Wednesday. The company has a market capitalization of $11.65 billion, a PE ratio of 23.94 and a beta of 0.55. The company has a current ratio of 1.23, a quick ratio of 0.91 and a debt-to-equity ratio of 0.88. Coca-Cola Consolidated, Inc. has a twelve month low of $105.21 and a twelve month high of $219.65. The firm has a 50 day simple moving average of $186.90 and a 200-day simple moving average of $174.93.

Coca-Cola Consolidated (NASDAQ:COKE – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $1.79 earnings per share for the quarter. The business had revenue of $1.71 billion during the quarter. Coca-Cola Consolidated had a net margin of 7.72% and a return on equity of 138.44%.

Coca-Cola Consolidated Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, April 24th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Friday, April 24th. Coca-Cola Consolidated’s payout ratio is currently 13.68%.

About Coca-Cola Consolidated

(Free Report)

Founded in 1902 and headquartered in Charlotte, North Carolina, Coca-Cola Consolidated, Inc is the largest independent bottler of Coca-Cola products in the United States. The company manufactures, sells and distributes a broad portfolio of sparkling and still beverages under exclusive agreements with The Coca-Cola Company. Its brand lineup includes Coca-Cola, Diet Coke, Sprite and Fanta, as well as noncarbonated offerings such as Minute Maid juices, Gold Peak teas, Dasani water, Powerade sports drinks and vitaminwater.

Coca-Cola Consolidated’s operations span 14 states and the District of Columbia across the Southeastern, South Central and Mid-Atlantic regions.