Rep. C. Scott Franklin Acquires PepsiCo, Inc. (NASDAQ:PEP) Stock

Key Points

• Rep. C. Scott Franklin purchased $1,001–$15,000 of PepsiCo stock on August 26 in a Fidelity Roth IRA, alongside purchases of Novo Nordisk, McDonald’s and Accenture. He sold comparable amounts of Alphabet, JPMorgan Chase and Apple earlier in August.
• PepsiCo reported quarterly revenue of $24.18 billion and adjusted earnings of $2.20 per share, slightly exceeding estimates, while revenue rose 6.4% year over year. The company also declared a $1.48 quarterly dividend, representing a 4.6% annualized yield.
• PEP recently traded near its 52-week low, and analysts maintain a consensus “Hold” rating with an average price target of $157.90. Investors face concerns over weaker demand, margin pressure, potential GLP-1-related snack demand risks and facility closures, despite PepsiCo’s defensive dividend appeal and expansion initiatives.

Representative C. Scott Franklin (Republican-Florida) recently bought shares of PepsiCo, Inc. NASDAQ: PEP. In a filing disclosed on September 17th, the Representative disclosed that they had bought between $1,001 and $15,000 in PepsiCo stock on August 26th. The trade occurred in the Representative's "FIDELITY ROTH IRA" account.

Representative C. Scott Franklin also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Novo Nordisk A/S NYSE: NVO on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Accenture NYSE: ACN on 8/26/2026.
• Sold $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 8/20/2026.
• Sold $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 8/20/2026.
• Sold $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 8/20/2026.

PepsiCo Price Performance

NASDAQ:PEP opened at $129.75 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. The business's 50-day moving average price is $138.62 and its 200 day moving average price is $146.38. PepsiCo, Inc. has a 52-week low of $129.55 and a 52-week high of $171.48. The firm has a market cap of $177.09 billion, a P/E ratio of 17.01, a PEG ratio of 2.81 and a beta of 0.35.

PepsiCo (NASDAQ:PEP - Get Free Report) last posted its quarterly earnings data on Thursday, July 9th. The company reported $2.20 earnings per share 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 during the quarter, compared to analyst estimates of $23.95 billion. During the same quarter last year, the firm posted $0.92 EPS. The business'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. As a group, sell-side analysts predict that PepsiCo, Inc. will post 8.57 earnings per share for the current fiscal year.

PepsiCo Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be issued a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Friday, September 4th. PepsiCo's payout ratio is presently 77.59%.

Wall Street Analyst Weigh In

Several research firms have issued reports on PEP. Morgan Stanley decreased their price target on shares of PepsiCo from $180.00 to $160.00 and set an "equal weight" rating on the stock in a research report on Friday, July 10th. Jefferies Financial Group reduced their price objective on PepsiCo from $162.00 to $152.00 and set a "hold" rating for the company in a research note on Friday, July 10th. Barclays lifted their target price on PepsiCo from $138.00 to $142.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 21st. Bank of America reduced their target price on PepsiCo from $173.00 to $164.00 and set a "neutral" rating for the company in a report on Thursday, June 25th. Finally, UBS Group set a $159.00 price target on PepsiCo in a research report on Thursday, July 9th. Seven research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $157.90.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s high dividend yield and “Dividend King” status are attracting value-oriented investors. Commentary also points to the stock’s relatively modest valuation and potential appeal for investors seeking defensive income. This Dividend King Yielding 4X the S&P 500 Looks Like a Buy Right Now
• Positive Sentiment: A new nationwide partnership with The Great Greek Mediterranean Grill makes PepsiCo the restaurant chain’s official soft-drink provider, offering incremental distribution and sales opportunities. The Great Greek Mediterranean Grill Announces Partnership with PepsiCo
• Positive Sentiment: PepsiCo is expanding manufacturing capacity in India with a new foods plant, supporting long-term growth in an important emerging market. PepsiCo India inaugurates foods manufacturing plant in Assam
• Neutral Sentiment: PepsiCo elected Johnson & Johnson CEO Joaquin Duato as an independent director effective December 1. The appointment strengthens board experience but is unlikely to materially affect near-term earnings. PepsiCo Elects Joaquin Duato to Board of Directors
• Neutral Sentiment: A new corporate branding campaign is intended to highlight PepsiCo’s portfolio of food and beverage brands; reports clarify that the company is not changing its name. PepsiCo’s first corporate brand campaign
• Negative Sentiment: The stock’s move to a 52-week low and bearish technical signals are amplifying investor concern. Analysts and investors are weighing slower demand, margin pressure and recent price-target reductions; consensus analyst opinion remains “Hold.” PepsiCo Stock Drops to 52 Week-Low
• Negative Sentiment: Research estimates that GLP-1 weight-loss drugs could put substantial global food sales at risk, with Lay’s identified as one of the most exposed major brands. This raises a longer-term demand risk for PepsiCo’s snack portfolio. GLP-1 drugs put $73 billion in global food value at risk
• Negative Sentiment: PepsiCo is closing manufacturing and warehouse operations at a Maryland bottling facility, resulting in reported layoffs. The move may improve efficiency but signals near-term operational disruption and soft demand concerns. PepsiCo lays off 143 in Maryland

Insiders Place Their Bets

In other news, EVP David Flavell sold 2,900 shares of the firm's stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $139.54, for a total transaction of $404,666.00. Following the completion of the sale, the executive vice president directly owned 74,825 shares of the company's stock, valued at $10,441,080.50. This trade represents a 3.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.12% of the stock is currently owned by insiders.

Institutional Investors Weigh In On PepsiCo

A number of institutional investors have recently bought and sold shares of PEP. BlackRock Inc. increased its stake in PepsiCo by 2.1% in the 2nd quarter. BlackRock Inc. now owns 118,281,854 shares of the company's stock valued at $16,015,363,000 after buying an additional 2,440,377 shares during the period. Auto Owners Insurance Co grew its holdings in shares of PepsiCo by 14,857.8% during the 4th quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company's stock valued at $7,068,777,000 after acquiring an additional 48,923,629 shares in the last quarter. Geode Capital Management LLC increased its stake 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 worth $4,814,835,000 after acquiring an additional 360,936 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of PepsiCo by 0.6% during the first quarter. Bank of America Corp DE now owns 21,283,701 shares of the company's stock worth $3,305,146,000 after acquiring an additional 133,325 shares in the last quarter. Finally, Norges Bank acquired a new stake in PepsiCo during the fourth quarter valued at $3,018,813,000. 73.07% of the stock is currently owned by institutional investors and hedge funds.

About Representative Franklin

Scott Franklin (Republican Party) is a member of the U.S. House, representing Florida's 18th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Franklin (Republican Party) is running for re-election to the U.S. House to represent Florida's 18th Congressional District. He declared candidacy for the 2026 election. Scott Franklin was born in Thomaston, Georgia. Franklin graduated from Lakeland High School. He served in the U.S. Navy from 1986 to 2000 and the U.S. Navy Reserve from 2000 to 2012. Franklin earned a B.S. from the United States Naval Academy in 1986 and an M.B.A. from Embry-Riddle Aeronautical University in 1994. Franklin's career experience includes owning an insurance agency and working as a naval aviator with the U.S. Navy.

About PepsiCo

PepsiCo, Inc NASDAQ: PEP is a global food and beverage company headquartered in Purchase, New York. Its portfolio includes carbonated soft drinks, sports drinks, bottled water, juices, ready-to-drink beverages, snack foods and convenient foods. Major brands include Pepsi, Mountain Dew, Gatorade, Lay's, Doritos, Cheetos, Quaker and SodaStream.

The company sells products through a broad range of channels, including grocery stores, convenience stores, restaurants, food-service providers, vending operations and e-commerce platforms.

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