Mitsubishi UFJ Asset Management Co. Ltd. Invests $1.59 Billion in Coca-Cola Consolidated, Inc. $COKE

Posted by Francis Steltz on Aug 17th, 2026

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Coca-Cola Consolidated, Inc. (NASDAQ:COKE – Free Report) in the second quarter, according to its most recent filing with the SEC. The fund purchased 19,581,969 shares of the company’s stock, valued at approximately $1,591,427,000. Coca-Cola Consolidated comprises 0.9% of Mitsubishi UFJ Asset Management Co. Ltd.’s portfolio, making the stock its 17th biggest position. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.29% of Coca-Cola Consolidated as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Ascentis Independent Advisors bought a new position in Coca-Cola Consolidated during the first quarter worth $31,000. Torren Management LLC acquired a new position in Coca-Cola Consolidated in the fourth quarter worth $29,000. Morse Asset Management Inc bought a new stake in Coca-Cola Consolidated during the fourth quarter valued at $31,000. Ballast Advisors LLC bought a new stake in Coca-Cola Consolidated during the first quarter valued at $38,000. Finally, Quarry LP acquired a new stake in shares of Coca-Cola Consolidated during the third quarter worth $25,000. 48.24% of the stock is currently owned by institutional investors.

Coca-Cola Consolidated Stock Performance

Coca-Cola Consolidated stock opened at $189.11 on Monday. Coca-Cola Consolidated, Inc. has a one year low of $110.60 and a one year high of $219.65. The company has a 50-day simple moving average of $184.81 and a 200-day simple moving average of $184.70. The firm has a market capitalization of $12.59 billion, a P/E ratio of 25.08 and a beta of 0.55.

Coca-Cola Consolidated (NASDAQ:COKE – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $2.83 earnings per share for the quarter. The firm 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 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 $0.25 dividend. The ex-dividend date was Friday, July 24th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. Coca-Cola Consolidated’s dividend payout ratio (DPR) is presently 13.26%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on COKE shares. Wall Street Zen downgraded shares of Coca-Cola Consolidated from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of Coca-Cola Consolidated in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Check Out Our Latest Stock Report on COKE

Coca-Cola Consolidated 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.