Waverly Advisors LLC Acquires 5,206 Shares of PepsiCo, Inc. $PEP

Waverly Advisors LLC increased its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 2.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 199,811 shares of the company’s stock after purchasing an additional 5,206 shares during the period. Waverly Advisors LLC’s holdings in PepsiCo were worth $27,054,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Swiss Life Asset Management Ltd boosted its stake in shares of PepsiCo by 11.4% in the 4th quarter. Swiss Life Asset Management Ltd now owns 415,271 shares of the company’s stock valued at $59,600,000 after purchasing an additional 42,335 shares in the last quarter. National Pension Service lifted its holdings in PepsiCo by 2.5% during the 4th quarter. National Pension Service now owns 3,143,939 shares of the company’s stock valued at $451,218,000 after purchasing an additional 77,051 shares during the last quarter. Allstate Corp boosted its position in PepsiCo by 108.1% in the fourth quarter. Allstate Corp now owns 104,723 shares of the company’s stock valued at $15,030,000 after buying an additional 54,405 shares in the last quarter. First Nebraska Trust Co acquired a new stake in shares of PepsiCo during the first quarter worth approximately $10,782,000. Finally, Knights of Columbus Asset Advisors LLC grew its position in PepsiCo by 90.0% during the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 94,652 shares of the company’s stock worth $13,584,000 after acquiring an additional 44,824 shares during the last quarter. 73.07% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s global convenient-foods business posted 3% organic volume growth in the second quarter, supported by international demand, product innovation and affordable snack offerings. This suggests the company’s core snack portfolio is still generating momentum despite broader category concerns. PepsiCo’s Snack Portfolio: What’s Driving Volume Gains?
• Positive Sentiment: PepsiCo is targeting a roughly $271 billion fresh-food opportunity as consumers using GLP-1 medications increasingly seek higher-protein, higher-fiber and less-processed foods. Expansion beyond traditional salty snacks could help offset potential pressure on snack demand. GLP-1 Drugs Are Pushing PepsiCo Into a New $271 Billion Market
• Positive Sentiment: An investment analysis describes PepsiCo as an potentially undervalued dividend company, which may appeal to income-focused investors following the stock’s prolonged underperformance. PepsiCo: An Undervalued Dividend Machine Worth A Second Look

Insider Buying and Selling

In related news, EVP David Flavell sold 2,900 shares of the company’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $139.54, for a total value of $404,666.00. Following the completion of the sale, the executive vice president owned 74,825 shares in the company, valued at approximately $10,441,080.50. This represents a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 0.12% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on PEP. Rothschild & Co Redburn increased their target price on PepsiCo from $130.00 to $132.00 in a report on Monday, May 11th. BNP Paribas Exane reduced their price target on shares of PepsiCo from $195.00 to $183.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 8th. Citigroup cut shares of PepsiCo from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $170.00 to $145.00 in a research report on Friday, July 10th. Jefferies Financial Group reduced their target price on shares of PepsiCo from $162.00 to $152.00 and set a “hold” rating on the stock in a research report on Friday, July 10th. Finally, Piper Sandler set a $176.00 price target on shares of PepsiCo in a research note on Thursday, July 9th. Seven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, PepsiCo presently has a consensus rating of “Hold” and an average price target of $157.90.

PepsiCo Trading Up 0.6%

NASDAQ:PEP traded up $0.82 on Tuesday, hitting $138.45. 10,086,062 shares of the stock were exchanged, compared to its average volume of 7,808,609. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.74 and a current ratio of 0.93. PepsiCo, Inc. has a 52 week low of $133.73 and a 52 week high of $171.48. The stock has a market capitalization of $188.97 billion, a price-to-earnings ratio of 18.15, a P/E/G ratio of 2.90 and a beta of 0.35. The company’s 50-day moving average price is $139.74 and its 200 day moving average price is $148.07.

PepsiCo (NASDAQ:PEP) last issued its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $23.95 billion. During the same quarter last year, the firm earned $0.92 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, equities research analysts forecast that PepsiCo, Inc. will post 8.57 earnings per share 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 paid 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 4.3%. PepsiCo’s payout ratio is 77.59%.

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.