71,049 CocaCola Company (The) $KO Shares Sold by Park National Corp OH

Key Points

• Park National Corp OH reduced its Coca-Cola position by 15.5% in the third quarter, selling 71,049 shares and retaining 387,857 shares valued at approximately $33.4 million.
• Institutional investors own 70.26% of Coca-Cola, while insiders sold 926,620 shares worth $83.1 million over the past 90 days, primarily to cover tax obligations tied to equity awards.
• Coca-Cola reported quarterly earnings and revenue above analyst expectations, maintains 2026 EPS guidance of $3.27–$3.30, and pays a $2.12 annualized dividend yielding about 2.5%. Analysts maintain a “Moderate Buy” consensus with an average price target of $95.95.

Park National Corp OH decreased its position in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 15.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 387,857 shares of the company's stock after selling 71,049 shares during the period. CocaCola accounts for 0.9% of Park National Corp OH's holdings, making the stock its 28th biggest position. Park National Corp OH's holdings in CocaCola were worth $33,387,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Lantern Wealth Advisors LLC lifted its holdings in shares of CocaCola by 3.6% during the 2nd quarter. Lantern Wealth Advisors LLC now owns 3,316 shares of the company's stock valued at $270,000 after purchasing an additional 115 shares during the last quarter. Gill Capital Partners LLC raised its stake in CocaCola by 4.1% in the second quarter. Gill Capital Partners LLC now owns 2,992 shares of the company's stock valued at $243,000 after buying an additional 117 shares during the last quarter. Atomic Invest LLC grew its stake in shares of CocaCola by 38.7% during the second quarter. Atomic Invest LLC now owns 437 shares of the company's stock worth $36,000 after acquiring an additional 122 shares during the last quarter. Paragon Private Wealth Management LLC increased its holdings in shares of CocaCola by 1.4% during the second quarter. Paragon Private Wealth Management LLC now owns 8,726 shares of the company's stock valued at $709,000 after acquiring an additional 123 shares in the last quarter. Finally, Everpar Advisors LLC boosted its stake in CocaCola by 0.9% in the 2nd quarter. Everpar Advisors LLC now owns 14,504 shares of the company's stock worth $1,179,000 after purchasing an additional 125 shares in the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Bruno Pietracci sold 111,365 shares of the business's stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $90.93, for a total value of $10,126,419.45. Following the completion of the sale, the insider owned 41,365 shares of the company's stock, valued at approximately $3,761,319.45. The trade was a 72.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Nancy Quan sold 50,000 shares of the company's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the transaction, the executive vice president owned 223,330 shares of the company's stock, valued at $20,186,798.70. This represents a 18.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 926,620 shares of company stock valued at $83,075,714 in the last 90 days. Corporate insiders own 0.90% of the company's stock.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola’s growth strategy is showing broad-based momentum entering the second half of 2026, supported by volume gains, favorable price/mix and continued investment in its brands. This suggests the company may be sustaining growth despite its mature-market profile. Can Coca-Cola's Balanced Growth Strategy Sustain Momentum?
• Positive Sentiment: Trademark Coca-Cola volume recorded its strongest gain in 17 years, a notable sign that the flagship brand is regaining consumer demand and could support revenue growth and operating leverage. 1 Stat That Makes Coca-Cola Hard to Ignore in October
• Positive Sentiment: Coca-Cola’s 64-year record of consecutive dividend increases reinforces its appeal to income-oriented investors and may provide support during broader market weakness.
• Neutral Sentiment: Historical analysis indicates KO has outperformed the S&P 500 in seven of the index’s eight losing years since 1980, highlighting its defensive characteristics. Still, the stock has declined in some down markets and trades at a relatively demanding valuation of roughly 26 times earnings. History Says Coca-Cola Stock Holds Up When the S&P 500 Falls
• Neutral Sentiment: Coca-Cola İçecek, an affiliated bottler, redeemed a TRY 4 billion domestic bill. The transaction may improve that entity’s financing profile but has limited direct impact on KO.
• Negative Sentiment: Wells Fargo lowered its KO price target from $95 to $90, signaling more limited upside potential, although it maintained an “overweight” rating. The revised target still implies approximately 4.5% upside from the referenced share price.

CocaCola Stock Performance

Shares of KO traded up $0.74 during mid-day trading on Monday, reaching $86.39. The company had a trading volume of 5,572,939 shares, compared to its average volume of 16,875,848. The stock has a market capitalization of $371.68 billion, a P/E ratio of 25.95, a PEG ratio of 3.34 and a beta of 0.32. CocaCola Company has a 52-week low of $65.84 and a 52-week high of $92.49. The stock has a 50 day moving average of $88.08 and a two-hundred day moving average of $82.44. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97.

CocaCola (NYSE:KO - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.93 by $0.04. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The business had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. During the same quarter in the prior year, the firm posted $0.87 EPS. The business's quarterly revenue was up 6.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, analysts expect that CocaCola Company will post 3.29 earnings per share for the current year.

CocaCola Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th were given a dividend of $0.53 per share. The ex-dividend date was Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.5%. CocaCola's dividend payout ratio is currently 63.66%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on KO shares. The Goldman Sachs Group restated a "neutral" rating and set a $86.00 price target (up from $82.00) on shares of CocaCola in a research note on Tuesday, July 28th. TD Cowen lifted their price target on CocaCola from $90.00 to $100.00 and gave the stock a "buy" rating in a research report on Wednesday, July 29th. CICC Research boosted their price target on CocaCola from $85.00 to $95.00 and gave the company an "outperform" rating in a research note on Thursday, July 30th. Wells Fargo & Company reduced their price objective on CocaCola from $95.00 to $90.00 and set an "overweight" rating for the company in a research note on Monday. Finally, Royal Bank Of Canada lifted their target price on CocaCola from $87.00 to $96.00 and gave the stock an "outperform" rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $95.95.

CocaCola Profile

The Coca-Cola Company NYSE: KO is a global beverage company headquartered in Atlanta, Georgia. Its portfolio includes sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and other ready-to-drink products. The company's best-known brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, Powerade, Minute Maid, fairlife, and Georgia Coffee.

Founded in 1886, the company develops, owns, licenses, markets, and distributes beverage brands through a network of bottling partners, distributors, retailers, and food-service operators.

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