10,000 Shares in PepsiCo, Inc. $PEP Bought by Baypointe Partners LLC

Key Points

• Baypointe Partners LLC bought 10,000 PepsiCo shares worth approximately $1.35 million in the second quarter, making PEP about 3.2% of its portfolio. Institutional investors own 73.07% of the company.
• PepsiCo reported quarterly revenue of $24.18 billion and adjusted earnings of $2.20 per share, both slightly ahead of analyst expectations, while revenue increased 6.4% year over year. The company maintained 2026 EPS guidance of $8.55–$8.71.
• PepsiCo declared a quarterly dividend of $1.48, equivalent to an annualized $5.92 and a 4.3% yield. Despite the income appeal, analysts remain cautious, with the stock carrying a consensus “Hold” rating and an average price target of $157.90.

Baypointe Partners LLC bought a new position in PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 10,000 shares of the company's stock, valued at approximately $1,354,000. PepsiCo accounts for about 3.2% of Baypointe Partners LLC's portfolio, making the stock its 11th biggest position.

A number of other hedge funds also recently bought and sold shares of PEP. Tudor Financial Inc. grew its position in PepsiCo by 81.6% in the 2nd quarter. Tudor Financial Inc. now owns 6,769 shares of the company's stock worth $917,000 after purchasing an additional 3,042 shares during the last quarter. Rogco LP increased its stake in PepsiCo by 1.9% during the second quarter. Rogco LP now owns 11,744 shares of the company's stock valued at $1,590,000 after acquiring an additional 218 shares during the period. Syon Capital LLC raised its holdings in PepsiCo by 4.5% in the 2nd quarter. Syon Capital LLC now owns 11,216 shares of the company's stock valued at $1,519,000 after acquiring an additional 484 shares in the last quarter. denkapparat Operations GmbH lifted its position in shares of PepsiCo by 10.3% in the 2nd quarter. denkapparat Operations GmbH now owns 6,252 shares of the company's stock worth $847,000 after acquiring an additional 586 shares during the period. Finally, TD Waterhouse Canada Inc. boosted its position in shares of PepsiCo by 100.2% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 412,372 shares of the company's stock valued at $58,250,000 after acquiring an additional 206,442 shares in the last quarter. 73.07% of the stock is currently owned by institutional investors.

PepsiCo Stock Down 1.7%

NASDAQ:PEP opened at $137.63 on Friday. The stock has a market cap of $187.85 billion, a price-to-earnings ratio of 18.04, a PEG ratio of 2.95 and a beta of 0.35. PepsiCo, Inc. has a 1 year low of $133.73 and a 1 year high of $171.48. The stock has a 50-day moving average price of $139.70 and a two-hundred day moving average price of $148.55. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91.

PepsiCo (NASDAQ:PEP - Get Free Report) last released its earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, beating 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 firm had revenue of $24.18 billion for the quarter, compared to analysts' expectations of $23.95 billion. During the same quarter in the previous year, the business posted $0.92 EPS. The business'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. As a group, equities analysts expect that PepsiCo, Inc. will post 8.57 earnings per share for the current year.

PepsiCo Announces Dividend

The business also recently declared 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. This represents a $5.92 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Friday, September 4th. PepsiCo's dividend payout ratio (DPR) is currently 77.59%.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo plans to build a Frito-Lay distribution warehouse near California’s Sonoma County airport. The facility could expand regional distribution capacity and support future sales growth. PepsiCo plans Frito-Lay distribution warehouse near Sonoma County airport
• Positive Sentiment: Publicis Groupe won PepsiCo’s global media account from Omnicom. The change may help PepsiCo modernize marketing, improve digital capabilities and respond more effectively to changing consumer preferences. PepsiCo hands global media to Publicis amid transformation at CPG giant
• Positive Sentiment: Analysts and financial commentators see potential for a longer-term recovery, citing international momentum, a large buyback program and a portfolio overhaul. The thesis is more relevant to future valuation than to near-term earnings. Prediction: Pepsi Stock Could Surprise Wall Street in 2027
• Neutral Sentiment: PepsiCo’s dividend remains a major attraction for income investors, although reaching $25,000 in annual dividends would require a substantial investment and many shares. How many shares of PepsiCo are needed for $25,000 in yearly dividends
• Neutral Sentiment: Recent coverage compares PepsiCo with Coca-Cola as defensive consumer-staples investments. The comparison highlights PEP’s dividend history and business resilience but does not provide a clear new catalyst. PepsiCo versus Coca-Cola
• Negative Sentiment: Reports point to damage at a Ukrainian production facility and softer North American demand, raising concerns about near-term sales, costs and execution. PepsiCo faces Ukraine damage and soft demand
• Negative Sentiment: PepsiCo is emphasizing fresh-food innovation as consumers move away from processed snacks, signaling a need for investment and potential portfolio-transition risk. The global media-account switch may also create near-term execution costs. PepsiCo puts fresh foods in focus

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on PEP. Barclays upped their price objective on PepsiCo from $138.00 to $142.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 21st. Weiss Ratings reissued a "hold (c)" rating on shares of PepsiCo in a report on Monday, July 6th. Morgan Stanley cut their target price 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. Citigroup cut PepsiCo from a "buy" rating to a "neutral" rating and cut their price target for the company from $170.00 to $145.00 in a report on Friday, July 10th. Finally, Bank of America reduced their price target on shares of PepsiCo from $173.00 to $164.00 and set a "neutral" rating on the stock in a research report on Thursday, June 25th. Seven equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $157.90.

Insider Buying and Selling at PepsiCo

In other news, EVP David Flavell sold 2,900 shares of the company's stock in a transaction that occurred on Monday, July 27th. The stock was 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 in the company, valued at $10,441,080.50. This represents a 3.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.12% of the stock is owned by company insiders.

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.

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