MBL Wealth LLC Buys New Stake in Coca-Cola Consolidated, Inc. $COKE

Posted by Geri Gentry on Oct 24th, 2026

MBL Wealth LLC bought a new position in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,964 shares of the company’s stock, valued at approximately $750,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in COKE. BlackRock Inc. bought a new position in shares of Coca-Cola Consolidated in the second quarter valued at approximately $26,229,118,000. Biglari Sardar acquired a new stake in shares of Coca-Cola Consolidated in the second quarter worth $8,959,855,000. Legal & General Group Plc bought a new stake in shares of Coca-Cola Consolidated during the 2nd quarter worth $1,978,267,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Coca-Cola Consolidated during the 2nd quarter worth $1,591,427,000. Finally, GQG Partners LLC acquired a new position in Coca-Cola Consolidated in the 2nd quarter valued at $1,494,498,000. Institutional investors and hedge funds own 48.24% of the company’s stock.

Coca-Cola Consolidated Trading Down 5.4%

COKE opened at $203.31 on Friday. The business has a 50 day moving average of $194.92 and a 200-day moving average of $188.41. The stock has a market capitalization of $13.53 billion, a price-to-earnings ratio of 26.96 and a beta of 0.55. Coca-Cola Consolidated, Inc. has a 1-year low of $126.00 and a 1-year high of $219.65.

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

Coca-Cola Consolidated Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 6th. Shareholders of record on Friday, October 23rd will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date is Friday, October 23rd. Coca-Cola Consolidated’s dividend payout ratio (DPR) is currently 13.26%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Wall Street Zen downgraded shares of Coca-Cola Consolidated from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings raised shares of Coca-Cola Consolidated from a “buy (b)” rating to a “buy (b+)” rating in a research report on Friday, October 16th. One research analyst has rated the stock with a Buy rating. According to MarketBeat, the stock currently has a consensus rating of “Buy”.

View Our Latest Stock Analysis on COKE

About Coca-Cola Consolidated

(Free Report)

Coca-Cola Consolidated, Inc is the largest Coca-Cola bottler in the United States. Based in Charlotte, North Carolina, the company produces, sells, markets and distributes a broad portfolio of nonalcoholic beverages for The Coca-Cola Company and other brand owners.

Its products include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, DASANI, smartwater, POWERADE, Minute Maid and fairlife, along with other soft drinks, water, sports drinks, juices, dairy beverages and emerging beverage brands.