52,679 Shares in PepsiCo, Inc. $PEP Acquired by Haverford Financial Services Inc.

Key Points

• Haverford Financial Services acquired 52,679 PepsiCo shares valued at approximately $7.13 million, making PepsiCo 2.1% of its portfolio. Institutional investors collectively own 73.07% of the company.
• PepsiCo exceeded quarterly earnings and revenue expectations, reporting $2.20 in EPS and $24.18 billion in revenue, up 6.4% year over year. The company reaffirmed fiscal 2026 EPS guidance of $8.55–$8.71.
• PepsiCo declared a quarterly dividend of $1.48 per share, equivalent to a 4.2% annualized yield, though its 77.59% payout ratio and continued North American weakness raise questions about future dividend growth. Analysts maintain a consensus “Hold” rating with an average price target of $157.90.

Haverford Financial Services Inc. acquired a new stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 52,679 shares of the company's stock, valued at approximately $7,133,000. PepsiCo makes up about 2.1% of Haverford Financial Services Inc.'s portfolio, making the stock its 18th biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Auto Owners Insurance Co lifted its holdings in shares of PepsiCo by 14,857.8% during the fourth quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company's stock valued at $7,068,777,000 after purchasing an additional 48,923,629 shares in the last quarter. Norges Bank bought a new stake in PepsiCo in the 4th quarter worth about $3,018,813,000. Diamant Asset Management Inc. raised its position in PepsiCo by 16,146.5% in the 1st quarter. Diamant Asset Management Inc. now owns 3,586,423 shares of the company's stock worth $556,936,000 after buying an additional 3,564,348 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in PepsiCo by 952.6% during the 2nd quarter. Assenagon Asset Management S.A. now owns 3,715,812 shares of the company's stock valued at $503,121,000 after acquiring an additional 3,362,794 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in shares of PepsiCo by 120.7% during the 3rd quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company's stock valued at $830,902,000 after acquiring an additional 3,235,726 shares during the last quarter. Institutional investors own 73.07% of the company's stock.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Jim Cramer highlighted PepsiCo as a defensive large-cap opportunity, citing its roughly 4% dividend yield and the potential benefit of lower oil prices. Cheaper fuel could support consumer spending and reduce transportation and operating costs. Jim Cramer Shares Why PepsiCo Caught His Eye During Consumer Headwinds
• Positive Sentiment: Investors remain attracted to PepsiCo’s 54-year record of consecutive dividend increases and comparatively reasonable valuation. Improving international results could help offset continuing weakness in North America, supporting the case for income-oriented investors. Most Investors Overlook This. I’m Buying PepsiCo for Its Dividend
• Positive Sentiment: PepsiCo is pursuing growth beyond its traditional snack portfolio by introducing and emphasizing global flavors, a strategy that could broaden consumer appeal and create new avenues for international growth. PepsiCo Bets on Global Flavors to Grow Beyond Snacks
• Neutral Sentiment: Commentary describing consumer staples as a lagging sector frames PepsiCo as a value opportunity rather than a near-term growth leader. The investment appeal depends on the stock’s discounted valuation, dividend support and execution on its recovery plans. The Consumer Staples Sector Is Lagging the S&P 500
• Negative Sentiment: Texas authorities are investigating PepsiCo and Kraft Heinz over claims involving avocado oil. The outcome and scope of the investigation are unclear, but regulatory scrutiny could create legal, reputational or product-related costs. PepsiCo, Kraft Heinz Under Investigation in Texas Over Avocado Oil Claims
• Negative Sentiment: Analysts note that PepsiCo’s dividend faces pressure from slower growth, persistent North American weakness and a more difficult recovery than the commodity-driven risks facing Chevron. This raises questions about future payout growth, despite the company’s long dividend history. Chevron or PepsiCo: Whose Dividend Is Standing on Thinner Ice?

PepsiCo Trading Up 1.0%

Shares of PepsiCo stock opened at $141.07 on Friday. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.93 and a quick ratio of 0.74. The stock has a market capitalization of $192.55 billion, a PE ratio of 18.49, a P/E/G ratio of 3.10 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 company's fifty day simple moving average is $139.86 and its 200-day simple moving average is $149.51.

PepsiCo (NASDAQ:PEP - Get Free Report) last announced its earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, topping analysts' consensus estimates of $2.19 by $0.01. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The company had revenue of $24.18 billion for the quarter, compared to analysts' expectations of $23.95 billion. During the same period last year, the firm earned $0.92 EPS. PepsiCo's revenue for the quarter 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 anticipate that PepsiCo, Inc. will post 8.57 earnings per share for the current year.

PepsiCo Dividend Announcement

The business 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 dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, September 4th. PepsiCo's payout ratio is presently 77.59%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on PEP. Piper Sandler set a $176.00 price objective on shares of PepsiCo in a report on Thursday, July 9th. 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 report on Friday, July 10th. Barclays increased their price target on PepsiCo from $138.00 to $142.00 and gave the company an "equal weight" rating in a report on Tuesday, July 21st. Sanford C. Bernstein set a $134.00 price target on PepsiCo in a research note on Friday, July 10th. Finally, Bank of America cut their price objective on PepsiCo from $173.00 to $164.00 and set a "neutral" rating for the company in a report on Thursday, June 25th. Seven analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $157.90.

Insider Activity

In related news, EVP David Flavell sold 2,900 shares of the business'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 completion of the transaction, the executive vice president directly 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. Company insiders own 0.12% of the company's stock.

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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