24,713 Shares in PepsiCo, Inc. $PEP Bought by Csenge Advisory Group

Key Points

• Csenge Advisory Group bought 24,713 PepsiCo shares worth approximately $3.35 million, while institutional investors collectively own 73.07% of the company.
• PepsiCo reported quarterly adjusted EPS of $2.20, slightly beating estimates, while revenue rose 6.4% year over year to $24.18 billion. The company maintained its 2026 EPS guidance of $8.55–$8.71.
• Analysts have a consensus “Hold” rating with an average price target of $157.90, while PepsiCo offers a quarterly dividend of $1.48, equivalent to a 4.2% annualized yield.

Csenge Advisory Group acquired a new position in PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The fund acquired 24,713 shares of the company's stock, valued at approximately $3,346,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. BlackRock Inc. grew its position in shares of PepsiCo by 2.1% during the second quarter. BlackRock Inc. now owns 118,281,854 shares of the company's stock worth $16,015,363,000 after buying an additional 2,440,377 shares in the last quarter. State Street Corp raised its holdings in PepsiCo by 1.8% in the third quarter. State Street Corp now owns 59,499,819 shares of the company's stock valued at $8,356,155,000 after acquiring an additional 1,079,970 shares in the last quarter. Auto Owners Insurance Co grew its holdings in PepsiCo by 14,857.8% during the 4th quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company's stock worth $7,068,777,000 after acquiring an additional 48,923,629 shares in the last quarter. Geode Capital Management LLC grew its stake in 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 purchasing an additional 360,936 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in PepsiCo by 1.1% in 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 buying an additional 295,955 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. TD Cowen reduced their target price on PepsiCo from $150.00 to $145.00 and set a "hold" rating on the stock in a report on Friday, July 10th. Barclays upped their price target on PepsiCo from $138.00 to $142.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 21st. UBS Group set a $159.00 price objective on PepsiCo in a research note on Thursday, July 9th. Sanford C. Bernstein set a $134.00 price objective on shares of PepsiCo in a report on Friday, July 10th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of PepsiCo in a report on Monday, July 6th. Seven investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, PepsiCo currently has a consensus rating of "Hold" and an average price target of $157.90.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is expanding its multi-year partnership with autonomous-truck startup Gatik, deploying 41 self-driving trucks on Frito-Lay distribution routes. The technology could eventually reduce middle-mile transportation costs, improve delivery consistency and support supply-chain efficiency. Gatik’s subsequent $200 million funding round also provides additional capital for executing the rollout. PepsiCo Is Putting 41 Self Driving Trucks On Frito Lay Routes
• Positive Sentiment: PepsiCo’s latest reported quarter included a modest earnings beat and 6.4% year-over-year revenue growth. Management’s 2026 earnings guidance remains intact, suggesting the company has not yet signaled a deterioration in its full-year outlook.
• Neutral Sentiment: PepsiCo will release third-quarter 2026 results on October 8. The announcement itself does not change fundamentals, but it gives investors a near-term catalyst to assess demand, pricing, margins and the company’s international growth strategy. PepsiCo Announces Timing and Availability of Third-Quarter 2026 Financial Results
• Neutral Sentiment: Reports that PepsiCo is ending employee coverage for weight-loss drugs could lower benefit expenses, but the move may also affect employee satisfaction and retention. The financial impact is unclear.
• Negative Sentiment: Recent Coca-Cola-versus-Pepsi comparisons say Coca-Cola is pulling ahead on brand strength, margins, earnings growth and U.S. execution. PepsiCo’s diversified snacks portfolio and international gains remain positives, but investors are increasingly focused on its weaker home-market performance and the risk that competitors are capturing more consumer spending. Coca-Cola vs. Pepsi: The Gap Is Getting Bigger

Insiders Place Their Bets

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the business's stock in a transaction 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 completion of the transaction, the executive vice president owned 74,825 shares in the company, valued at approximately $10,441,080.50. The trade was a 3.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.12% of the stock is owned by insiders.

PepsiCo Trading Down 0.1%

Shares of NASDAQ:PEP opened at $142.19 on Thursday. 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 company's 50-day moving average price is $139.92 and its 200 day moving average price is $149.79. The company has a market cap of $194.07 billion, a PE ratio of 18.64, a P/E/G ratio of 3.12 and a beta of 0.35. PepsiCo, Inc. has a fifty-two week low of $133.73 and a fifty-two week high of $171.48.

PepsiCo (NASDAQ:PEP - Get Free Report) last posted 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. The firm had revenue of $24.18 billion during the quarter, compared to analysts' expectations of $23.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. PepsiCo's quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Sell-side analysts anticipate that PepsiCo, Inc. will post 8.57 earnings per share for the current year.

PepsiCo Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be given a $1.48 dividend. This represents a $5.92 annualized dividend and a yield of 4.2%. The ex-dividend date is Friday, September 4th. PepsiCo's dividend payout ratio (DPR) is currently 77.59%.

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.

Want to see what other hedge funds are holding PEP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PepsiCo, Inc. (NASDAQ:PEP - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.