Cibc World Market Inc. Makes New Investment in Coca-Cola Consolidated, Inc. $COKE

Posted by Francis Steltz on Aug 24th, 2026

Cibc World Market Inc. purchased a new stake in Coca-Cola Consolidated, Inc. (NASDAQ:COKE – Free Report) during the 2nd quarter, Holdings Channel reports. The firm purchased 1,715,763 shares of the company’s stock, valued at approximately $139,440,000.

A number of other hedge funds also recently made changes to their positions in the business. BlackRock Inc. acquired a new position in shares of Coca-Cola Consolidated during the second quarter worth approximately $26,229,118,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Coca-Cola Consolidated in the 2nd quarter worth approximately $1,591,427,000. GQG Partners LLC acquired a new stake in Coca-Cola Consolidated in the 2nd quarter valued at approximately $1,494,498,000. Deutsche Bank AG acquired a new stake in Coca-Cola Consolidated in the 2nd quarter valued at approximately $1,346,125,000. Finally, B. Metzler seel. Sohn & Co. AG bought a new stake in Coca-Cola Consolidated during the 2nd quarter valued at $272,683,000. Institutional investors own 48.24% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on COKE. Wall Street Zen lowered Coca-Cola Consolidated from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Coca-Cola Consolidated in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy”.

Read Our Latest Stock Report on COKE

Coca-Cola Consolidated Stock Performance

Shares of NASDAQ:COKE opened at $189.10 on Monday. The company has a 50 day moving average of $185.00 and a 200-day moving average of $185.99. The firm has a market cap of $12.59 billion, a P/E ratio of 25.08 and a beta of 0.55. Coca-Cola Consolidated, Inc. has a twelve month low of $110.60 and a twelve month high of $219.65.

Coca-Cola Consolidated (NASDAQ:COKE – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $2.83 EPS for the quarter. Coca-Cola Consolidated had a net margin of 7.15% and a negative return on equity of 1,041.59%. The business had revenue of $2.05 billion for the quarter.

Coca-Cola Consolidated Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Friday, July 24th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Friday, July 24th. Coca-Cola Consolidated’s dividend payout ratio (DPR) is presently 13.26%.

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.