PYA Waltman Capital LLC Acquires 8,682 Shares of PepsiCo, Inc. $PEP

PYA Waltman Capital LLC increased its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 28.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,563 shares of the company’s stock after acquiring an additional 8,682 shares during the period. PepsiCo comprises 1.3% of PYA Waltman Capital LLC’s investment portfolio, making the stock its 18th biggest holding. PYA Waltman Capital LLC’s holdings in PepsiCo were worth $5,357,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Evergreen Advisors LLC purchased a new stake in shares of PepsiCo in the first quarter worth approximately $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of PepsiCo during the fourth quarter valued at approximately $26,000. Swiss RE Ltd. bought a new stake in PepsiCo during the fourth quarter worth $28,000. Atlatl Advisers LLC bought a new stake in PepsiCo during the second quarter worth $31,000. Finally, Osterweis Capital Management Inc. purchased a new stake in PepsiCo in the 2nd quarter valued at $31,000. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Stock Down 0.4%

Shares of NASDAQ PEP opened at $140.02 on Friday. The stock has a market capitalization of $191.11 billion, a PE ratio of 18.35, a P/E/G ratio of 2.96 and a beta of 0.35. PepsiCo, Inc. has a one year low of $133.73 and a one year high of $171.48. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.93 and a quick ratio of 0.74. The business’s fifty day moving average price is $139.78 and its 200-day moving average price is $148.63.

PepsiCo (NASDAQ:PEP) last posted its earnings results 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 firm had revenue of $24.18 billion during the quarter, compared to the consensus estimate of $23.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The company’s revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the company earned $0.92 earnings per share. 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 year.

PepsiCo Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be paid a $1.48 dividend. The ex-dividend date is Friday, September 4th. This represents a $5.92 annualized dividend and a yield of 4.2%. PepsiCo’s dividend payout ratio (DPR) is currently 77.59%.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: International momentum, a potential large share buyback, and a portfolio overhaul could provide catalysts for PepsiCo in 2027, particularly as the company’s valuation has lagged some consumer-staples peers. Prediction: Pepsi Stock Could Surprise Wall Street in 2027
• Positive Sentiment: PepsiCo signed a multimillion-dollar partnership making its brands the official soft-drink portfolio of Arizona Athletic Grounds through 2033, supporting brand visibility and long-term commercial relationships. Arizona Athletic Grounds Partnership
• Positive Sentiment: Management continues to reiterate its revenue-growth targets, reinforcing confidence in the company’s dividend, cash-generation profile, and ability to navigate current pressure. PepsiCo Management Reiterates Revenue Growth Targets
• Neutral Sentiment: PepsiCo is transferring its global media account from Omnicom’s OMD to Publicis. The change may improve marketing effectiveness as consumer preferences and advertising technology evolve, but it also signals a significant transformation effort rather than an immediate earnings catalyst. PepsiCo Hands Global Media to Publicis
• Neutral Sentiment: Bank of America reaffirmed a Hold rating and a $152 price target, citing international strength that offsets weakness in PepsiCo Foods North America. The target implies potential upside from recent levels, but the unchanged rating reflects limited conviction. PepsiCo Neutral Rating Reaffirmed
• Negative Sentiment: Soft North American demand, especially as consumers move away from processed snacks, remains the clearest near-term concern. PepsiCo is responding by emphasizing fresh-food innovation and portfolio adjustments, but these changes may take time to improve sales trends. PepsiCo Puts Fresh Foods in Focus
• Negative Sentiment: Damage to a Ukrainian production facility and continued demand softness add operational and geopolitical risk, potentially pressuring near-term results and investor sentiment. PepsiCo Faces Ukraine Damage and Soft Demand
• Negative Sentiment: PepsiCo is reportedly ending obesity-related GLP-1 medication coverage for some employees, prompting criticism from the Obesity Action Coalition and creating potential reputational and employee-relations risks. OAC Calls on PepsiCo to Keep Obesity Treatment Coverage

Analyst Upgrades and Downgrades

A number of research firms have issued reports on PEP. Wells Fargo & Company cut their price objective 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. Deutsche Bank Aktiengesellschaft set a $155.00 price target on shares of PepsiCo in a research report on Friday, July 10th. Royal Bank Of Canada cut their price target on shares of PepsiCo from $163.00 to $161.00 and set a “sector perform” rating on the stock in a report on Friday, July 10th. Morgan Stanley decreased their price objective on shares of PepsiCo from $180.00 to $160.00 and set an “equal weight” rating for the company in a research note on Friday, July 10th. Finally, Jefferies Financial Group reduced their target price on PepsiCo from $162.00 to $152.00 and set a “hold” rating for the company in a report on Friday, July 10th. 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 company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $157.90.

Insider Buying and Selling

In related news, EVP David Flavell sold 2,900 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The shares were 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 approximately $10,441,080.50. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.12% of the company’s stock.

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.