Ramsay Stattman Vela & Price Inc. Sells 6,373 Shares of PepsiCo, Inc. $PEP

Posted by Alphonse Anthony on Jul 10th, 2026

Ramsay Stattman Vela & Price Inc. lowered its position in PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 7.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,053 shares of the company’s stock after selling 6,373 shares during the period. PepsiCo comprises about 2.5% of Ramsay Stattman Vela & Price Inc.’s portfolio, making the stock its 11th largest position. Ramsay Stattman Vela & Price Inc.’s holdings in PepsiCo were worth $12,431,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in PEP. Vanguard Group Inc. increased its stake in PepsiCo by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company’s stock valued at $19,875,205,000 after buying an additional 1,612,652 shares during the last quarter. State Street Corp boosted its stake in shares of PepsiCo by 1.8% in the 3rd quarter. State Street Corp now owns 59,499,819 shares of the company’s stock worth $8,356,155,000 after buying an additional 1,079,970 shares during the last quarter. Auto Owners Insurance Co boosted its stake in shares of 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 buying an additional 48,923,629 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of PepsiCo by 1.1% in 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 acquiring an additional 360,936 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of PepsiCo by 1.1% during 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 acquiring an additional 295,955 shares during the last quarter. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

PepsiCo Price Performance

Shares of NASDAQ:PEP opened at $137.86 on Friday. The firm has a market capitalization of $188.42 billion, a PE ratio of 21.64, a P/E/G ratio of 2.87 and a beta of 0.36. The company has a quick ratio of 0.72, a current ratio of 0.90 and a debt-to-equity ratio of 1.98. The company has a 50-day moving average price of $145.78 and a two-hundred day moving average price of $151.56. PepsiCo, Inc. has a twelve month low of $133.63 and a twelve month high of $171.48.

PepsiCo (NASDAQ:PEP – Get Free Report) last posted its quarterly 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. The company had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. PepsiCo had a net margin of 9.15% and a return on equity of 56.61%. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Equities analysts forecast that PepsiCo, Inc. will post 8.62 EPS for the current year.

PepsiCo Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 5th were given a dividend of $1.48 per share. This is an increase from PepsiCo’s previous quarterly dividend of $1.42. This represents a $5.92 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Friday, June 5th. PepsiCo’s dividend payout ratio (DPR) is currently 92.94%.

Analyst Ratings Changes

A number of analysts recently commented on the company. Wall Street Zen lowered PepsiCo from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Piper Sandler set a $176.00 target price on PepsiCo in a research report on Thursday. Wells Fargo & Company lowered their target price on PepsiCo from $160.00 to $150.00 and set an “equal weight” rating on the stock in a research note on Friday, June 5th. Citigroup cut their price target on shares of PepsiCo from $182.00 to $170.00 and set a “buy” rating on the stock in a report on Thursday, June 25th. Finally, UBS Group set a $159.00 price target on shares of PepsiCo in a research report on Thursday. Eight analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, PepsiCo currently has an average rating of “Hold” and an average target price of $162.65.

Check Out Our Latest Report on PepsiCo

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

Positive Sentiment: PepsiCo reported Q2 revenue of $24.18 billion, above Wall Street estimates, and EPS of $2.20, roughly in line to slightly ahead of expectations. The company also said international demand remained strong, helping offset softness in North America. PepsiCo Inc (PEP) Q2 2026 Earnings Call Highlights
Positive Sentiment: PepsiCo reaffirmed its full-year outlook, which may reassure investors that management still expects the business to stabilize later in 2026. PepsiCo Q2 Profit Surges, Core Margin Drops, Confirms FY26 View; Stock Down
Positive Sentiment: Some coverage highlighted international volume growth and improved organic sales, suggesting PepsiCo still has pricing power and growth outside the U.S. PepsiCo beats revenue estimates as volumes improve globally
Neutral Sentiment: PepsiCo cut prices on some snack products, including Lay’s and Doritos, to help win back shoppers, but that move has not yet translated into stronger North American sales. PepsiCo drops prices on Lay’s and Doritos by 15% as fast-food fatigue hits snack sales
Negative Sentiment: Weak U.S. consumer demand, especially in North America, overshadowed the earnings beat and raised concerns about volume trends and margin pressure. Why PepsiCo (PEP) Stock Is Trading Lower Today
Negative Sentiment: Management also pointed to higher commodity and fuel-related costs, with the CEO saying gas prices are affecting consumer spending and snack purchases. PepsiCo Says Gas Prices Cutting Into US Consumer Food Spending

PepsiCo Profile

(Free Report)

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.