OP Asset Management Ltd Takes $5.38 Million Position in Coca-Cola Consolidated, Inc. $COKE

Posted by Brian Himes on Jun 27th, 2026

OP Asset Management Ltd purchased a new position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE – Free Report) during the first quarter, HoldingsChannel reports. The firm purchased 28,044 shares of the company’s stock, valued at approximately $5,377,000.

Other hedge funds also recently bought and sold shares of the company. State Street Corp lifted its holdings in Coca-Cola Consolidated by 836.9% in the second quarter. State Street Corp now owns 1,729,065 shares of the company’s stock valued at $193,050,000 after acquiring an additional 1,544,516 shares during the period. Norges Bank bought a new stake in shares of Coca-Cola Consolidated during the 4th quarter valued at about $222,408,000. AQR Capital Management LLC increased its position in shares of Coca-Cola Consolidated by 1,270.8% during the 2nd quarter. AQR Capital Management LLC now owns 1,185,937 shares of the company’s stock valued at $131,906,000 after purchasing an additional 1,099,421 shares during the last quarter. First Trust Advisors LP increased its position in shares of Coca-Cola Consolidated by 119.3% during the 3rd quarter. First Trust Advisors LP now owns 1,433,570 shares of the company’s stock valued at $167,957,000 after purchasing an additional 779,915 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Coca-Cola Consolidated by 153,487.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 417,757 shares of the company’s stock worth $64,042,000 after purchasing an additional 417,485 shares during the period. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “buy (b)” rating on shares of Coca-Cola Consolidated in a report on Wednesday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy”.

View Our Latest Research Report on COKE

Coca-Cola Consolidated Trading Up 4.9%

NASDAQ:COKE opened at $188.03 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.23 and a quick ratio of 0.91. The firm has a market capitalization of $12.52 billion, a price-to-earnings ratio of 25.72 and a beta of 0.55. Coca-Cola Consolidated, Inc. has a one year low of $109.42 and a one year high of $219.65. The business has a fifty day moving average price of $182.46 and a 200-day moving average price of $177.43.

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

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 paid a $0.25 dividend. The ex-dividend date of this dividend was Friday, April 24th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. Coca-Cola Consolidated’s dividend payout ratio (DPR) is 13.68%.

Coca-Cola Consolidated Company Profile

(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.