CocaCola Company (The) $KO Stake Trimmed by Park National Corp OH

Park National Corp OH decreased its holdings in shares of CocaCola Company (The) (NYSE:KO) by 15.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 387,857 shares of the company’s stock after selling 71,049 shares during the quarter. CocaCola comprises about 0.9% of Park National Corp OH’s portfolio, making the stock its 28th biggest holding. Park National Corp OH’s holdings in CocaCola were worth $33,387,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Louisbourg Investments Inc. purchased a new stake in CocaCola during the 1st quarter valued at about $25,000. Guardian Partners Inc. purchased a new stake in shares of CocaCola in the second quarter valued at approximately $27,000. Horizons Wealth Management acquired a new stake in shares of CocaCola in the third quarter valued at approximately $31,000. Bard Associates Inc. acquired a new position in CocaCola during the fourth quarter worth $30,000. Finally, Atomic Invest LLC raised its holdings in shares of CocaCola by 38.7% during the 2nd quarter. Atomic Invest LLC now owns 437 shares of the company’s stock worth $36,000 after acquiring an additional 122 shares during the period. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at CocaCola

In other news, insider Bruno Pietracci sold 111,365 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider owned 41,365 shares of the company’s stock, valued at approximately $3,761,319.45. This trade represents a 72.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO John Murphy sold 152,483 shares of CocaCola stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $87.31, for a total transaction of $13,313,290.73. Following the completion of the transaction, the chief financial officer owned 279,917 shares of the company’s stock, valued at $24,439,553.27. This trade represents a 35.26% decrease in their position. 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. In the last three months, insiders have sold 926,620 shares of company stock valued at $83,075,714. Corporate insiders own 0.90% of the company’s stock.

Wall Street Analysts Forecast Growth

KO has been the subject of several recent analyst reports. The Goldman Sachs Group restated a “neutral” rating and set a $86.00 price objective (up from $82.00) on shares of CocaCola in a research report on Tuesday, July 28th. TD Cowen upped their price objective on CocaCola from $90.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. BNP Paribas Exane raised their target price on CocaCola from $90.00 to $98.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Rothschild & Co Redburn upped their price target on CocaCola from $86.00 to $92.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Finally, Evercore reiterated an “outperform” rating and set a $100.00 price target (up from $88.00) on shares of CocaCola in a report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, CocaCola presently has a consensus rating of “Moderate Buy” and an average price target of $95.95.

CocaCola Trading Up 0.9%

NYSE:KO traded up $0.74 during trading hours on Monday, reaching $86.39. 5,572,939 shares of the stock were exchanged, compared to its average volume of 16,875,848. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. The business has a 50-day moving average of $88.08 and a two-hundred day moving average of $82.44. CocaCola Company has a twelve month low of $65.84 and a twelve month high of $92.49. The company has a market capitalization of $371.68 billion, a price-to-earnings ratio of 25.95, a PEG ratio of 3.34 and a beta of 0.32.

CocaCola (NYSE:KO) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The business had revenue of $13.37 billion during the quarter, compared to analysts’ expectations of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The company’s revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities analysts predict that CocaCola Company will post 3.29 EPS 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 paid 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 63.66%.

Key Headlines Impacting 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.

About CocaCola

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.