ABN Amro Investment Solutions Has $23.45 Million Stake in PepsiCo, Inc. $PEP

Key Points

• ABN Amro Investment Solutions increased its PepsiCo stake by 39.4% in the second quarter, bringing its holdings to 173,167 shares valued at approximately $23.45 million. Institutional investors collectively own 73.07% of PEP.
• PepsiCo’s latest quarter modestly exceeded expectations, with adjusted earnings of $2.20 per share and revenue of $24.18 billion, up 6.4% year over year. The company guided for fiscal 2026 earnings of $8.55–$8.71 per share.
• Analysts maintain a consensus “Hold” rating with an average price target of $157.90, compared with shares trading near $140.79. PepsiCo also declared a quarterly dividend of $1.48 per share, equal to a 4.2% annualized yield.

ABN Amro Investment Solutions increased its position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 39.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 173,167 shares of the company's stock after acquiring an additional 48,972 shares during the period. ABN Amro Investment Solutions' holdings in PepsiCo were worth $23,447,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Westchester Capital Management Inc. raised its position in PepsiCo by 6.5% during the 2nd quarter. Westchester Capital Management Inc. now owns 15,513 shares of the company's stock worth $2,100,000 after purchasing an additional 941 shares during the last quarter. Atlatl Advisers LLC bought a new stake in PepsiCo in the second quarter valued at approximately $31,000. Confluence Wealth Services Inc. increased its position in PepsiCo by 26.4% during the 2nd quarter. Confluence Wealth Services Inc. now owns 39,594 shares of the company's stock valued at $5,361,000 after purchasing an additional 8,272 shares during the period. Exchange Traded Concepts LLC raised its holdings in PepsiCo by 23.5% during the 2nd quarter. Exchange Traded Concepts LLC now owns 339,805 shares of the company's stock worth $46,010,000 after purchasing an additional 64,556 shares during the last quarter. Finally, MB Levis & Associates LLC lifted its position in shares of PepsiCo by 1.3% in the 2nd quarter. MB Levis & Associates LLC now owns 6,321 shares of the company's stock worth $856,000 after purchasing an additional 83 shares during the period. 73.07% of the stock is currently owned by institutional investors.

Insider Buying and Selling at PepsiCo

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the firm's 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 transaction, the executive vice president directly owned 74,825 shares of the company's stock, valued at approximately $10,441,080.50. This trade represents a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.12% of the company's stock.

Analysts Set New Price Targets

PEP has been the topic of a number of research analyst reports. Piper Sandler set a $176.00 price target on shares of PepsiCo in a research report on Thursday, July 9th. TD Cowen lowered their price objective on PepsiCo from $150.00 to $145.00 and set a "hold" rating for the company in a research report on Friday, July 10th. BNP Paribas Exane dropped their price objective on PepsiCo from $195.00 to $183.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 8th. Bank of America decreased their target price on PepsiCo from $173.00 to $164.00 and set a "neutral" rating for the company in a research note on Thursday, June 25th. Finally, Rothschild & Co Redburn lifted their target price on PepsiCo from $130.00 to $132.00 in a report on Monday, May 11th. Seven equities research analysts have rated the stock with a Buy rating, twelve have issued 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.

PepsiCo Stock Performance

Shares of PEP opened at $140.79 on Monday. PepsiCo, Inc. has a one year low of $133.73 and a one year high of $171.48. The company has a market cap of $192.16 billion, a PE ratio of 18.45, a P/E/G ratio of 3.09 and a beta of 0.35. The stock has a 50-day moving average of $140.20 and a 200-day moving average of $150.60. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.93 and a quick ratio of 0.74.

PepsiCo (NASDAQ:PEP - Get Free Report) last posted its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, topping analysts' consensus estimates of $2.19 by $0.01. The business had revenue of $24.18 billion for the quarter, compared to the consensus estimate of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The firm's revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, equities research analysts predict that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date is Friday, September 4th. This represents a $5.92 annualized dividend and a yield of 4.2%. PepsiCo's dividend payout ratio is presently 77.59%.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s 4% dividend increase and 54 consecutive years of dividend growth reinforce its appeal to income-focused investors. With shares trading at a valuation below that of rival Coca-Cola, analysts and financial commentators see potential for the valuation gap to narrow. 54 Straight Years: Why PepsiCo Remains a Dividend Investor’s Anchor
• Positive Sentiment: PepsiCo’s decade-low valuation is attracting attention from investors seeking a potential recovery in a large, established consumer-staples company. The thesis provides support for the stock despite recent pressure on its share price. PepsiCo: A Behemoth Trading At A Decade-Low Valuation
• Positive Sentiment: PepsiCo reported progress toward its pep+ sustainability goals, including efforts involving agriculture, emissions, packaging and healthier product formulations. Its reported increase in recycled content for plastic packaging may strengthen brand reputation and help address environmental concerns, although the near-term earnings impact is likely limited. PepsiCo Reports on Latest ESG Performance Towards pep+ Goals PepsiCo reports 2025 increase in recycled content for plastic packaging
• Neutral Sentiment: Gatorade added three-time Ballon d’Or winner Aitana Bonmatí to its athlete roster ahead of the football season. The partnership could support brand visibility and sports-drink sales, but its financial effect is not quantified. Gatorade Welcomes Aitana Bonmatí to Team Gatorade
• Neutral Sentiment: Hudson Valley Farms plans to acquire a former PepsiCo property. The transaction may streamline PepsiCo’s real-estate holdings, but no purchase price or material earnings impact was provided. Hudson Valley Farms to acquire former PepsiCo property

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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