Vest Financial LLC Sells 39,118 Shares of PepsiCo, Inc. $PEP

Vest Financial LLC reduced its stake in PepsiCo, Inc. (NASDAQ:PEP) by 10.2% during the second quarter, Holdings Channel.com reports. The institutional investor owned 343,997 shares of the company’s stock after selling 39,118 shares during the period. Vest Financial LLC’s holdings in PepsiCo were worth $46,577,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the stock. Cypress Capital Management LLC WY boosted its stake in PepsiCo by 8.3% in the fourth quarter. Cypress Capital Management LLC WY now owns 838 shares of the company’s stock valued at $121,000 after acquiring an additional 64 shares during the last quarter. United Bank raised its holdings in shares of PepsiCo by 3.9% in the 4th quarter. United Bank now owns 1,717 shares of the company’s stock worth $246,000 after purchasing an additional 65 shares during the period. Onyx Bridge Wealth Group LLC raised its holdings in shares of PepsiCo by 2.5% in the 1st quarter. Onyx Bridge Wealth Group LLC now owns 2,673 shares of the company’s stock worth $415,000 after purchasing an additional 66 shares during the period. Wilkerson Advisory Group LLC lifted its stake in PepsiCo by 3.3% in the first quarter. Wilkerson Advisory Group LLC now owns 2,040 shares of the company’s stock valued at $317,000 after purchasing an additional 66 shares during the last quarter. Finally, Richards Merrill & Peterson Inc. grew its holdings in PepsiCo by 3.6% during the first quarter. Richards Merrill & Peterson Inc. now owns 1,938 shares of the company’s stock valued at $301,000 after purchasing an additional 67 shares during the period. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo reported increased recycled content in its plastic packaging, supporting its sustainability goals and potentially strengthening relationships with consumers and retailers. PepsiCo reports increase in recycled content for plastic packaging
• Positive Sentiment: The company is refreshing brands, products and value offerings to reconnect with consumers. These initiatives could support a gradual recovery if they improve volume and brand engagement. PepsiCo’s Brand Refresh: Is it Enough to Win Back Consumers?
• Neutral Sentiment: Analyst commentary describes PepsiCo as potentially nearing a turning point, but investors are waiting for clearer evidence that demand and growth are improving. Why PepsiCo Could Be Nearing a Turning Point?
• Neutral Sentiment: A long-standing employee received a PepsiCo Lifetime Achievement Award, a positive reputational item but one unlikely to materially affect earnings or valuation. Jeff Minges retires with PepsiCo Lifetime Achievement Award
• Negative Sentiment: PepsiCo’s brand refresh may take time to reverse softer North American demand. Competition from health-focused beverage brands and consumer skepticism toward large soda companies add to the pressure. PepsiCo’s Brand Refresh: Is it Enough to Win Back Consumers?
• Negative Sentiment: PEP underperformed the broader market in the latest session, suggesting that company-specific concerns—not just overall market weakness—are weighing on the stock. Here’s Why PepsiCo Fell More Than the Broader Market

Analysts Set New Price Targets

PEP has been the topic of several research reports. UBS Group set a $159.00 target price on PepsiCo in a research note on Thursday, July 9th. TD Cowen cut their price target on PepsiCo from $150.00 to $145.00 and set a “hold” rating for the company in a research note on Friday, July 10th. Weiss Ratings restated a “hold (c)” rating on shares of PepsiCo in a research note on Monday, July 6th. Wells Fargo & Company dropped 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. Finally, Deutsche Bank Aktiengesellschaft set a $155.00 target price on shares of PepsiCo in a research note on Friday, July 10th. Seven investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, PepsiCo presently has a consensus rating of “Hold” and a consensus target price of $157.90.

PepsiCo Stock Performance

NASDAQ:PEP opened at $138.24 on Tuesday. The business’s fifty day moving average is $140.15 and its 200 day moving average is $150.53. The firm has a market cap of $188.68 billion, a price-to-earnings ratio of 18.12, a PEG ratio of 3.09 and a beta of 0.35. 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.

PepsiCo (NASDAQ:PEP) last issued its earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, topping the consensus estimate of $2.19 by $0.01. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The business had revenue of $24.18 billion during the quarter, compared to the consensus estimate of $23.95 billion. During the same quarter last year, the company earned $0.92 EPS. The firm’s 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. Research analysts predict that PepsiCo, Inc. will post 8.57 EPS for the current year.

PepsiCo Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th will be given a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Friday, September 4th. PepsiCo’s dividend payout ratio (DPR) is 77.59%.

Insider Buying and Selling

In related news, EVP David Flavell sold 2,900 shares of the company’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 sale, the executive vice president owned 74,825 shares of the company’s stock, valued at approximately $10,441,080.50. This represents a 3.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.12% of the company’s stock.

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.