Investor s Fiduciary Advisor Network LLC acquired a new stake in PepsiCo, Inc. (NASDAQ:PEP – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,963 shares of the company’s stock, valued at approximately $671,000.
A number of other institutional investors have also recently modified their holdings of the business. BlackRock Inc. boosted its position in PepsiCo by 2.1% during the second quarter. BlackRock Inc. now owns 118,281,854 shares of the company’s stock worth $16,015,363,000 after purchasing an additional 2,440,377 shares in the last quarter. State Street Corp lifted its position 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 valued at $8,356,155,000 after buying an additional 1,079,970 shares in the last quarter. Auto Owners Insurance Co increased its holdings in PepsiCo by 14,857.8% in the 4th quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company’s stock worth $7,068,777,000 after acquiring an additional 48,923,629 shares in the last quarter. Geode Capital Management LLC lifted its holdings in PepsiCo by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 33,617,937 shares of the company’s stock valued at $4,814,835,000 after purchasing an additional 360,936 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of PepsiCo by 1.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 28,090,426 shares of the company’s stock worth $4,031,646,000 after purchasing an additional 295,955 shares during the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.
Key PepsiCo News
Here are the key news stories impacting PepsiCo this week:
- Positive Sentiment: Jim Cramer highlighted PepsiCo as a defensive large-cap opportunity, citing its roughly 4% dividend yield and the potential benefit of lower oil prices. Cheaper fuel could support consumer spending and reduce transportation and operating costs. Jim Cramer Shares Why PepsiCo Caught His Eye During Consumer Headwinds
- Positive Sentiment: Investors remain attracted to PepsiCo’s 54-year record of consecutive dividend increases and comparatively reasonable valuation. Improving international results could help offset continuing weakness in North America, supporting the case for income-oriented investors. Most Investors Overlook This. I’m Buying PepsiCo for Its Dividend
- Positive Sentiment: PepsiCo is pursuing growth beyond its traditional snack portfolio by introducing and emphasizing global flavors, a strategy that could broaden consumer appeal and create new avenues for international growth. PepsiCo Bets on Global Flavors to Grow Beyond Snacks
- Neutral Sentiment: Commentary describing consumer staples as a lagging sector frames PepsiCo as a value opportunity rather than a near-term growth leader. The investment appeal depends on the stock’s discounted valuation, dividend support and execution on its recovery plans. The Consumer Staples Sector Is Lagging the S&P 500
- Negative Sentiment: Texas authorities are investigating PepsiCo and Kraft Heinz over claims involving avocado oil. The outcome and scope of the investigation are unclear, but regulatory scrutiny could create legal, reputational or product-related costs. PepsiCo, Kraft Heinz Under Investigation in Texas Over Avocado Oil Claims
- Negative Sentiment: Analysts note that PepsiCo’s dividend faces pressure from slower growth, persistent North American weakness and a more difficult recovery than the commodity-driven risks facing Chevron. This raises questions about future payout growth, despite the company’s long dividend history. Chevron or PepsiCo: Whose Dividend Is Standing on Thinner Ice?
Insiders Place Their Bets
PepsiCo Price Performance
NASDAQ:PEP opened at $141.07 on Friday. The company has a market capitalization of $192.55 billion, a P/E ratio of 18.49, a P/E/G ratio of 3.10 and a beta of 0.35. PepsiCo, Inc. has a 52 week low of $133.73 and a 52 week high of $171.48. The stock’s fifty day moving average is $139.86 and its two-hundred day moving average is $149.51. 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 (NASDAQ:PEP – Get Free Report) last posted its earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, beating analysts’ consensus estimates of $2.19 by $0.01. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The company had revenue of $24.18 billion for the quarter, compared to analysts’ expectations of $23.95 billion. During the same quarter in the prior year, the company posted $0.92 earnings per share. PepsiCo’s revenue for the quarter was up 6.4% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Equities analysts expect that PepsiCo, Inc. will post 8.57 EPS for the current year.
PepsiCo Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be given a dividend of $1.48 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.2%. PepsiCo’s dividend payout ratio (DPR) is presently 77.59%.
Wall Street Analyst Weigh In
Several analysts recently commented on the company. Wells Fargo & Company dropped their price target on PepsiCo from $150.00 to $140.00 and set an “equal weight” rating for the company in a research report on Friday, July 10th. Piper Sandler set a $176.00 price target on shares of PepsiCo in a research report on Thursday, July 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of PepsiCo in a report on Monday, July 6th. Rothschild & Co Redburn upped their price target on PepsiCo from $130.00 to $132.00 in a research report on Monday, May 11th. Finally, UBS Group set a $159.00 price objective on PepsiCo in a research report on Thursday, July 9th. Seven research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, PepsiCo currently has a consensus rating of “Hold” and an average price target of $157.90.
View Our Latest Report on PepsiCo
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.
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