Greg Abel is expected to continue holding Berkshire Hathaway's stake in Coca-Cola, a stock Warren Buffett backed for decades. Berkshire will receive $848 million in dividends from Coca-Cola this year, up from $75 million in 1994, when it completed its $1.3 billion purchase of Coca-Cola stock. Coca-Cola shares recently hit a record high after reporting a 7% revenue increase to $13.4 billion and a 16% rise in earnings per share to $1.03 for the 2026 second quarter. The strong results were aided by high visibility during the World Cup, with Powerade volume up 8% and trademark Coca-Cola volume up 5%. Abel has reassured shareholders he is not looking to shake up the portfolio, having sold 16 smaller positions in the first quarter while keeping the three stocks Buffett said he would never sell.
The Coca-Cola CompanyCoca-Cola reported strong Q2 results with revenue up 7% and EPS up 16%, driven by high visibility during the World Cup and volume growth.
Coca-Cola Europacific Partners PLC
Apple Inc.
American Express Company
Berkshire Hathaway Inc