Franklin Street Advisors Inc. NC Sells 11,108 Shares of PepsiCo, Inc. $PEP

Franklin Street Advisors Inc. NC trimmed its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 7.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 148,174 shares of the company’s stock after selling 11,108 shares during the period. Franklin Street Advisors Inc. NC’s holdings in PepsiCo were worth $20,063,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Allied Private Wealth LLC bought a new position in shares of PepsiCo during the 2nd quarter valued at $356,000. Great Waters Wealth Management lifted its stake in PepsiCo by 7.1% in the second quarter. Great Waters Wealth Management now owns 3,040 shares of the company’s stock worth $412,000 after purchasing an additional 202 shares during the last quarter. Wealth Science Advisors LLC boosted its position in PepsiCo by 18.7% during the second quarter. Wealth Science Advisors LLC now owns 2,295 shares of the company’s stock valued at $311,000 after buying an additional 362 shares during the period. HF Advisory Group LLC grew its stake in shares of PepsiCo by 9.4% during the second quarter. HF Advisory Group LLC now owns 25,846 shares of the company’s stock valued at $3,499,000 after buying an additional 2,229 shares during the last quarter. Finally, Adamsbrown Wealth Consultants LLC increased its holdings in shares of PepsiCo by 58.2% in the second quarter. Adamsbrown Wealth Consultants LLC now owns 4,842 shares of the company’s stock worth $656,000 after buying an additional 1,782 shares during the period. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Valuation-focused analysis suggests PEP may be trading below its estimated intrinsic value based on discounted cash flow and traditional market multiples. The decline may have already lowered investor expectations, creating potential upside if execution improves. PepsiCo Stock Looks Reasonable As Shares Fell 16% In 3 Years
• Positive Sentiment: PepsiCo’s price-pack strategy is reportedly helping revive U.S. salty-snack volumes. Sustained volume improvement through late 2026 and into 2027 could support revenue growth and earnings momentum. Can PepsiCo’s Price-Pack Strategy Successfully Boost Volumes in 2026?
• Positive Sentiment: Wall Street analysts remain moderately optimistic despite PEP’s underperformance versus the broader market. Its dividend yield above 4% and relatively modest valuation also make the shares appealing to income-oriented investors. Are Wall Street Analysts Predicting PepsiCo Stock Will Climb or Sink?
• Neutral Sentiment: PepsiCo is launching its Alvalle gazpacho brand in the United States, adding another product opportunity, although the near-term financial impact is likely limited. PepsiCo Launching Alvalle Gazpacho in U.S.
• Negative Sentiment: Commentary highlights PepsiCo’s weaker domestic sales and its lagging performance relative to Coca-Cola, reinforcing concerns that U.S. consumers may be resisting price increases or shifting spending. PepsiCo Lags Coca-Cola as Domestic Sales Stumble
• Negative Sentiment: PepsiCo’s dividend payout has approached 90% of free cash flow, raising questions about long-term dividend flexibility despite recent earnings acceleration. PepsiCo’s 90% Payout Ratio Looks Unsustainable
• Negative Sentiment: India’s food regulator will not extend the deadline for energy-drink labeling requirements affecting PepsiCo and other beverage makers, potentially increasing compliance costs or limiting marketing flexibility. FSSAI Won’t Ease Energy Drink Label Deadline

Analyst Ratings Changes

Several brokerages recently weighed in on PEP. Weiss Ratings restated a “hold (c)” rating on shares of PepsiCo in a report on Monday, July 6th. JPMorgan Chase & Co. lowered their price objective on PepsiCo from $178.00 to $170.00 and set an “overweight” rating for the company in a research report on Wednesday, July 1st. Rothschild & Co Redburn increased their price objective on PepsiCo from $130.00 to $132.00 in a research note on Monday, May 11th. Citigroup cut shares of PepsiCo from a “buy” rating to a “neutral” rating and cut their target price for the stock from $170.00 to $145.00 in a report on Friday, July 10th. Finally, Piper Sandler set a $176.00 price target on shares of PepsiCo in a report on Thursday, July 9th. Seven equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, PepsiCo has a consensus rating of “Hold” and a consensus price target of $157.90.

PepsiCo Price Performance

Shares of NASDAQ:PEP opened at $139.02 on Monday. The stock’s 50-day moving average is $140.48 and its 200 day moving average is $150.83. The company has a market cap of $189.75 billion, a PE ratio of 18.22, a P/E/G ratio of 3.05 and a beta of 0.35. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.93 and a quick ratio of 0.74. PepsiCo, Inc. has a 1 year low of $133.73 and a 1 year high of $171.48.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings data on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.01. The business had revenue of $24.18 billion during the quarter, compared to analysts’ expectations of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The business’s revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the business posted $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Sell-side analysts anticipate that PepsiCo, Inc. will post 8.57 EPS for the current year.

PepsiCo Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be paid a $1.48 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a yield of 4.3%. PepsiCo’s dividend payout ratio (DPR) is presently 77.59%.

Insiders Place Their Bets

In related news, EVP David Flavell sold 2,900 shares of PepsiCo stock in a transaction on Monday, July 27th. The shares were sold at an average price of $139.54, for a total value of $404,666.00. Following the sale, the executive vice president owned 74,825 shares in the company, valued at $10,441,080.50. The trade was a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.12% of the stock is currently owned by company insiders.

PepsiCo Company Profile

PepsiCo, Inc (NASDAQ: PEP) is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay’s, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.