15 Highest-Priced Stocks Right Now

11. Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

Share Price on February 14: $1,408.59

Coca-Cola Consolidated, Inc. (NASDAQ:COKE) manufactures, markets, and distributes non-alcoholic beverages, primarily Coca-Cola products in the United States. It also distributes products for other beverage companies, including Monster Energy Company and  Keurig Dr Pepper Inc.

During the first nine months of fiscal 2024, Coca-Cola Consolidated, Inc. (NASDAQ:COKE) generated net sales of $5.2 billion, growing 2.6% from last year. The improvement was driven by volume growth in the Sparkling category and price actions taken during the start of the year. Gross profit for the period stood at $2.1 billion, improving 5% year-over-year. Net income was reported at $454.2 million, up from $332.5 million in the first nine months of 2023.

On August 20, Coca-Cola Consolidated, Inc. (NASDAQ:COKE) announced an increase in its quarterly dividend to $2.50 per share, up from $0.50 per share. The Board also approved a $1 billion share repurchase program, reflecting the company’s commitment to shareholder returns amid improving profitability and a strong balance sheet.

Coca-Cola Consolidated, Inc. (NASDAQ:COKE) is one of the highest-priced stocks right now, with its share price rising by 66% over the past 12 months, and year-to-date gains of nearly 12%. According to Insider Monkey’s database for Q3 2024, 24 hedge funds held a stake in the company. Renaissance Technologies was the largest investor in COKE, with holdings valued at over $56.7 million, as of December 31, 2024.