349,843 Shares in PepsiCo, Inc. $PEP Bought by Advisors Capital Management LLC

Advisors Capital Management LLC acquired a new stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 349,843 shares of the company's stock, valued at approximately $47,369,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in PepsiCo by 12.4% during the 4th quarter. Brighton Jones LLC now owns 59,392 shares of the company's stock valued at $9,031,000 after purchasing an additional 6,574 shares during the period. Caxton Associates LLP acquired a new position in PepsiCo in the first quarter valued at about $251,000. Sivia Capital Partners LLC grew its position in shares of PepsiCo by 138.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company's stock worth $862,000 after buying an additional 3,790 shares during the period. Schnieders Capital Management LLC. grew its holdings in PepsiCo by 10.1% during the second quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company's stock valued at $5,039,000 after purchasing an additional 3,502 shares during the period. Finally, Sei Investments Co. increased its stake in PepsiCo by 45.5% in the second quarter. Sei Investments Co. now owns 536,133 shares of the company's stock valued at $70,789,000 after purchasing an additional 167,707 shares in the last quarter. 73.07% of the stock is owned by institutional investors.

PepsiCo Stock Performance

NASDAQ PEP opened at $142.19 on Thursday. The stock has a market cap of $194.07 billion, a PE ratio of 18.64, a PEG ratio of 3.12 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. The firm's fifty day moving average price is $139.92 and its two-hundred day moving average price is $149.79. 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 released its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) 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 firm 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 firm earned $0.92 earnings per share. The company'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. On average, equities analysts expect that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders 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 4.2%. The ex-dividend date is Friday, September 4th. PepsiCo's dividend payout ratio (DPR) is presently 77.59%.

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

Insider Buying and Selling

In other PepsiCo news, EVP David Flavell sold 2,900 shares of PepsiCo stock in a transaction on Monday, July 27th. The shares were sold at an average price of $139.54, for a total value 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 approximately $10,441,080.50. The trade was a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.12% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on PEP shares. Jefferies Financial Group decreased their price target on shares of PepsiCo from $162.00 to $152.00 and set a "hold" rating for the company in a report on Friday, July 10th. Royal Bank Of Canada reduced their price target on PepsiCo from $163.00 to $161.00 and set a "sector perform" rating for the company in a research report on Friday, July 10th. Weiss Ratings reiterated a "hold (c)" rating on shares of PepsiCo in a research note on Monday, July 6th. Morgan Stanley reduced their price objective on shares of PepsiCo from $180.00 to $160.00 and set an "equal weight" rating for the company in a research report on Friday, July 10th. Finally, Citigroup downgraded PepsiCo from a "buy" rating to a "neutral" rating and decreased their target price for the company from $170.00 to $145.00 in a research report on Friday, July 10th. Seven investment 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. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $157.90.

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.

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