PepsiCo, Inc. $PEP Shares Sold by S&CO Inc.

S&CO Inc. lowered its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 6.4% during the first quarter, HoldingsChannel.com reports. The firm owned 76,982 shares of the company’s stock after selling 5,300 shares during the period. S&CO Inc.’s holdings in PepsiCo were worth $11,954,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. SEB Asset Management AB acquired a new stake in shares of PepsiCo during the 1st quarter worth $69,519,000. Vision Retirement LLC boosted its holdings in PepsiCo by 480.9% in the first quarter. Vision Retirement LLC now owns 1,859 shares of the company’s stock valued at $289,000 after acquiring an additional 1,539 shares during the last quarter. Swiss National Bank grew its position in PepsiCo by 7.1% during the first quarter. Swiss National Bank now owns 4,012,800 shares of the company’s stock valued at $623,148,000 after acquiring an additional 265,900 shares during the period. World Equity Group Inc. increased its stake in PepsiCo by 5.8% during the first quarter. World Equity Group Inc. now owns 4,515 shares of the company’s stock worth $701,000 after acquiring an additional 247 shares during the last quarter. Finally, Valley Wealth Managers Inc. raised its holdings in shares of PepsiCo by 3.6% in the 1st quarter. Valley Wealth Managers Inc. now owns 30,703 shares of the company’s stock worth $4,768,000 after purchasing an additional 1,064 shares during the period. 73.07% of the stock is currently owned by institutional investors and hedge funds.

PepsiCo Price Performance

PEP stock opened at $137.12 on Friday. The firm has a market cap of $187.15 billion, a P/E ratio of 17.97, a price-to-earnings-growth ratio of 3.01 and a beta of 0.36. 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 1 year low of $134.65 and a 1 year high of $171.48. The stock has a 50-day simple moving average of $143.53 and a 200-day simple moving average of $151.21.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, topping analysts’ consensus estimates of $2.19 by $0.01. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The firm had revenue of $24.18 billion during the quarter, compared to analysts’ expectations of $23.95 billion. During the same quarter in the prior year, the business earned $0.92 EPS. PepsiCo’s quarterly revenue was up 6.4% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, equities analysts predict that PepsiCo, Inc. will post 8.58 earnings per share for the current fiscal year.

PepsiCo Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 5th were issued a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Friday, June 5th. This is a positive change from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s dividend payout ratio (DPR) is 77.59%.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo declared a quarterly dividend of $1.48 per share, a 4% increase from a year ago, which reinforces its appeal as a steady income stock. PepsiCo Declares Quarterly Dividend
• Positive Sentiment: PepsiCo India reported robust first-half growth and said it will set up a new food manufacturing facility in Tamil Nadu, signaling continued international expansion. PepsiCo India sees robust growth in H1
• Positive Sentiment: PepsiCo’s CEO said the company remains cautiously optimistic about the second half, citing resilient demand in the face of weather-related uncertainty. PepsiCo cautiously optimistic on H2 amid robust demand
• Neutral Sentiment: PepsiCo is drawing more investor attention, but the Zacks items are mostly watchlist-style coverage rather than new fundamental news. PepsiCo, Inc. (PEP) is Attracting Investor Attention
• Neutral Sentiment: PepsiCo is pushing sustainable sourcing further, saying 70% of ingredients now come from sustainable sources and targeting 90% by 2030, which supports long-term ESG goals but is unlikely to move the stock near term. PepsiCo (PEP) Pushes Sustainable Sourcing
• Negative Sentiment: Erste Group Bank trimmed PepsiCo’s FY2026 and FY2027 earnings estimates, adding to concern that profit growth may be slower than previously expected. PepsiCo estimate cuts
• Negative Sentiment: Broader commentary that U.S. grocery unit sales are falling suggests a tougher demand backdrop for PepsiCo and other packaged-food companies. U.S. grocery unit sales falling
• Negative Sentiment: Coverage noting that PepsiCo stock is near a one-year low highlights ongoing investor concern about the company’s growth and margin outlook. Why PepsiCo’s stock is at a 1-year low

Analysts Set New Price Targets

PEP has been the topic of several research analyst reports. Jefferies Financial Group reduced their price objective on PepsiCo from $162.00 to $152.00 and set a “hold” rating on the stock in a research note on Friday, July 10th. Wall Street Zen lowered shares of PepsiCo from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Royal Bank Of Canada reduced their price target on shares of PepsiCo from $163.00 to $161.00 and set a “sector perform” rating on the stock in a research report on Friday, July 10th. BNP Paribas Exane decreased their price objective on shares of PepsiCo from $195.00 to $183.00 and set an “outperform” rating for the company in a research note on Wednesday, July 8th. Finally, Citigroup downgraded shares of PepsiCo from a “buy” rating to a “neutral” rating and cut their target price for the company from $170.00 to $145.00 in a research note on Friday, July 10th. Seven analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $157.70.

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.