Occidental Asset Management LLC Acquires 4,357 Shares of PepsiCo, Inc. $PEP

Occidental Asset Management LLC increased its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 100.0% in the second quarter, HoldingsChannel reports. The institutional investor owned 8,716 shares of the company’s stock after purchasing an additional 4,357 shares during the quarter. Occidental Asset Management LLC’s holdings in PepsiCo were worth $1,180,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Evergreen Advisors LLC bought a new stake in shares of PepsiCo during the 1st quarter valued at $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of PepsiCo in the 4th quarter worth $26,000. Swiss RE Ltd. acquired a new stake in shares of PepsiCo during the fourth quarter worth $28,000. Networth Advisors LLC increased its holdings in PepsiCo by 2,857.1% in the first quarter. Networth Advisors LLC now owns 207 shares of the company’s stock valued at $32,000 after purchasing an additional 200 shares during the last quarter. Finally, Vermillion Wealth Management Inc. lifted its stake in PepsiCo by 99.1% in the first quarter. Vermillion Wealth Management Inc. now owns 217 shares of the company’s stock valued at $34,000 after buying an additional 108 shares during the period. 73.07% of the stock is owned by institutional investors.

PepsiCo Stock Up 0.8%

PepsiCo stock opened at $144.67 on Tuesday. The company has a 50 day moving average of $139.99 and a 200-day moving average of $150.13. 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 twelve month low of $133.73 and a twelve month high of $171.48. The stock has a market capitalization of $197.46 billion, a PE ratio of 18.96, a price-to-earnings-growth ratio of 3.15 and a beta of 0.35.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings data on Thursday, July 9th. The company reported $2.20 EPS for the quarter, beating the consensus estimate 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 firm’s revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, equities research analysts anticipate that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be given a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Friday, September 4th. PepsiCo’s dividend payout ratio (DPR) is currently 77.59%.

Insider Buying and Selling

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $139.54, for a total transaction of $404,666.00. Following the completion of the transaction, the executive vice president 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 legal filing with the SEC, which is available through this link. Insiders own 0.12% of the company’s stock.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s international business is approaching $40 billion in annual revenue, supported by overseas volume growth, market-share gains and continued investment. A greater contribution from international markets could diversify growth beyond the mature U.S. business. Is PepsiCo’s Growth Story Becoming More Internationally Focused?
• Positive Sentiment: PepsiCo is reportedly considering Iraq as a potential Middle East manufacturing hub. Such an investment could improve regional production and distribution, although the project remains prospective. Will Iraq become PepsiCo’s Next Middle East Manufacturing Hub?
• Positive Sentiment: Several dividend-investing articles continue to present PepsiCo as a long-term income and defensive consumer-staples holding. That supports demand from investors seeking reliable cash distributions, particularly while interest rates remain elevated. 3 Dividend Stocks to Buy Before August Ends and Hold for Life
• Neutral Sentiment: Analysts collectively rate PepsiCo “Hold,” suggesting the stock’s valuation and dependable dividend are balanced against limited near-term growth and execution risks. PepsiCo Receives Consensus Recommendation of Hold
• Negative Sentiment: India’s food-safety regulator issued notices to major food companies, including PepsiCo, over alleged misleading advertising and labeling claims. The developments could bring compliance costs, reputational concerns or product changes. Food Safety Regulator Notices Major Food Companies
• Negative Sentiment: Consumers are shifting toward healthier and lower-sugar beverages, increasing competition from brands such as Olipop. PepsiCo’s acquisition of Poppi gives it exposure to the trend, but the transition could pressure traditional soda demand and require greater innovation spending. How Olipop Is Beating Big Soda at Its Own Game

Analyst Ratings Changes

PEP has been the subject of several analyst reports. Rothschild & Co Redburn boosted their target price on PepsiCo from $130.00 to $132.00 in a research report on Monday, May 11th. Jefferies Financial Group reduced their price objective 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. Piper Sandler set a $176.00 price objective on shares of PepsiCo in a report on Thursday, July 9th. Sanford C. Bernstein set a $134.00 target price on shares of PepsiCo in a research note on Friday, July 10th. Finally, Citigroup cut shares of PepsiCo from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $170.00 to $145.00 in a research report on Friday, July 10th. Seven equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $157.90.

About PepsiCo

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.