IFP Advisors Inc increased its position in PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 16.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 26,736 shares of the company’s stock after buying an additional 3,752 shares during the quarter. IFP Advisors Inc’s holdings in PepsiCo were worth $3,620,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently added to or reduced their stakes in PEP. Vanguard Group Inc. raised its holdings in shares of PepsiCo by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company’s stock worth $19,875,205,000 after purchasing an additional 1,612,652 shares during the period. State Street Corp grew its holdings in shares of PepsiCo by 1.8% during the 3rd quarter. State Street Corp now owns 59,499,819 shares of the company’s stock worth $8,356,155,000 after purchasing an additional 1,079,970 shares during the period. Auto Owners Insurance Co increased its position in PepsiCo by 14,857.8% during the 4th quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company’s stock worth $7,068,777,000 after purchasing an additional 48,923,629 shares in the last quarter. Geode Capital Management LLC increased its position in PepsiCo by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 33,617,937 shares of the company’s stock worth $4,814,835,000 after purchasing an additional 360,936 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in PepsiCo by 1.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 28,090,426 shares of the company’s stock valued at $4,031,646,000 after buying an additional 295,955 shares during the period. Hedge funds and other institutional investors own 73.07% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have issued reports on PEP. The Goldman Sachs Group boosted their price objective on shares of PepsiCo from $180.00 to $183.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Jefferies Financial Group cut their target price on shares of PepsiCo from $162.00 to $152.00 and set a “hold” rating on the stock in a research note on Friday, July 10th. Wells Fargo & Company reduced their target price on shares of PepsiCo from $150.00 to $140.00 and set an “equal weight” rating on the stock in a report on Friday, July 10th. JPMorgan Chase & Co. lowered their price target on PepsiCo from $178.00 to $170.00 and set an “overweight” rating for the company in a report on Wednesday, July 1st. Finally, Bank of America cut their price objective on PepsiCo from $173.00 to $164.00 and set a “neutral” rating on the stock in a research report on Thursday, June 25th. Seven equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, PepsiCo presently has a consensus rating of “Hold” and an average price target of $157.90.
Insiders Place Their Bets
In other PepsiCo news, EVP David Flavell sold 2,900 shares of the company’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $139.54, for a total value of $404,666.00. Following the completion of the transaction, the executive vice president directly owned 74,825 shares of the company’s stock, valued at $10,441,080.50. This represents a 3.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.12% of the stock is currently owned by insiders.
PepsiCo Stock Up 1.4%
Shares of NASDAQ:PEP opened at $140.62 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. PepsiCo, Inc. has a 52-week low of $133.73 and a 52-week high of $171.48. The company has a 50 day moving average of $140.23 and a two-hundred day moving average of $150.64. The company has a market capitalization of $191.93 billion, a price-to-earnings ratio of 18.43, a price-to-earnings-growth ratio of 3.05 and a beta of 0.35.
PepsiCo (NASDAQ:PEP – Get Free Report) last posted its earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.01. The business had revenue of $24.18 billion for the quarter, compared to analysts’ expectations of $23.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, analysts forecast that PepsiCo, Inc. will post 8.57 earnings per share for the current fiscal year.
PepsiCo Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be issued a $1.48 dividend. The ex-dividend date is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a yield of 4.2%. PepsiCo’s payout ratio is currently 77.59%.
Trending Headlines about PepsiCo
Here are the key news stories impacting PepsiCo this week:
- Positive Sentiment: PepsiCo’s valuation is being highlighted as attractive after shares traded near a decade-low multiple. Analysts and financial commentators argue that the discounted valuation, solid brands and potential for earnings improvement could attract value-oriented investors. PepsiCo: A Behemoth Trading At A Decade-Low Valuation
- Positive Sentiment: The company’s appeal to income investors is strengthening after a 4% dividend increase, extending PepsiCo’s record of annual dividend growth to 54 consecutive years. Its yield and lower valuation than Coca-Cola could support buying interest. 54 Straight Years: Why PepsiCo Remains a Dividend Investor’s Anchor
- Positive Sentiment: PepsiCo is expanding beyond traditional snacks and beverages. The U.S. launch of Alvalle refrigerated gazpacho moves the company into fresh meals, while a new Tampa Bay Buccaneers beverage partnership adds a sports-marketing channel. PepsiCo Enters Fresh Meals With Its US Alvalle Gazpacho Launch
- Positive Sentiment: Recent commentary points to a product mix better aligned with consumer demand and a return to revenue growth, raising hopes that the second half of 2026 could become a recovery period for PepsiCo. PepsiCo Stock Has Stalled. Here Is Why the Second Half of 2026 Could Be Its Turning Point
- Neutral Sentiment: PepsiCo reported progress toward its pep+ sustainability goals, including efforts involving agriculture, emissions, packaging and products with lower sugar, sodium and saturated fat. The update may support its long-term brand positioning but is unlikely to materially change near-term earnings. PepsiCo Reports on Latest ESG Performance Towards pep+ Goals
- Negative Sentiment: Higher gasoline prices could leave consumers with less discretionary income, potentially pressuring demand for PepsiCo’s snacks and beverages. Comparisons with Coca-Cola also suggest PepsiCo faces a less favorable near-term operating outlook. Why Is PepsiCo in Focus as Gasoline Prices Pressure Consumers?
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.
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