Allworth Financial LP Decreases Stock Holdings in PepsiCo, Inc. $PEP

Allworth Financial LP lessened its stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 45.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 63,565 shares of the company's stock after selling 53,492 shares during the period. Allworth Financial LP's holdings in PepsiCo were worth $8,607,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in PEP. Brighton Jones LLC raised its position in shares of PepsiCo by 12.4% in 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 last quarter. Caxton Associates LLP purchased a new position in shares of PepsiCo in the first quarter worth $251,000. Sivia Capital Partners LLC raised its holdings in shares of PepsiCo by 138.5% in the second 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 last quarter. Schnieders Capital Management LLC. lifted its stake in shares of PepsiCo by 10.1% during the second quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company's stock worth $5,039,000 after buying an additional 3,502 shares during the period. Finally, Sei Investments Co. grew its holdings in shares of PepsiCo by 45.5% during the second quarter. Sei Investments Co. now owns 536,133 shares of the company's stock valued at $70,789,000 after buying an additional 167,707 shares during the last quarter. 73.07% of the stock is currently owned by institutional investors.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is pursuing automation, cost reductions and higher marketing spending to accelerate growth. Management expects efficiency gains to help fund brand investment, while expanded advertising could support demand over time. PepsiCo’s plan to accelerate growth
• Positive Sentiment: PepsiCo secured a partnership with The Great Greek Mediterranean Grill as the restaurant chain’s official soft-drink provider and launched new signature lemonades and refreshers. The agreement offers incremental distribution and visibility for PepsiCo beverages. Great Greek partnership announcement
• Positive Sentiment: Analysts and income investors continue to point to PepsiCo’s roughly 4% dividend yield and decades-long record of annual increases. Its underperformance versus Coca-Cola is being framed by some commentators as a potential value opportunity, although this is opinion rather than a new company catalyst. Pepsi versus Coca-Cola dividend comparison
• Neutral Sentiment: PepsiCo’s $1.7 billion Publicis agreement is reshaping its global media and advertising operations. The deal could improve marketing coordination and efficiency, but its near-term financial benefits and execution costs remain uncertain. Pepsi and Publicis deal
• Negative Sentiment: Coverage of GLP-1 drugs and shifting diets indicates potential pressure on traditional salty snacks and sugary beverages. PepsiCo is responding by targeting a reported $271 billion fresh-food market and exploring new food categories, but the transition could require investment before producing meaningful growth. GLP-1 drugs and PepsiCo’s fresh-food strategy
• Negative Sentiment: Investors are also weighing PepsiCo’s muted long-term share performance against Coca-Cola’s stronger returns. The comparison reinforces concerns about slower growth, even though PepsiCo’s higher yield may attract income-focused investors. Coca-Cola versus PepsiCo dividend comparison

Insider Transactions at PepsiCo

In other PepsiCo 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 value of $404,666.00. Following the sale, the executive vice president owned 74,825 shares in the company, valued at approximately $10,441,080.50. This represents a 3.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.12% of the company's stock.

Analysts Set New Price Targets

PEP has been the subject of a number of research analyst reports. Weiss Ratings restated a "hold (c)" rating on shares of PepsiCo in a research note on Monday, July 6th. TD Cowen reiterated a "hold" rating on shares of PepsiCo in a research note on Friday, August 28th. Bank of America cut their price objective on PepsiCo from $173.00 to $164.00 and set a "neutral" rating on the stock in a report on Thursday, June 25th. Citigroup downgraded PepsiCo from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $170.00 to $145.00 in a report on Friday, July 10th. Finally, UBS Group set a $159.00 target price on PepsiCo in a research report on Thursday, July 9th. Seven equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $157.90.

PepsiCo Price Performance

NASDAQ:PEP opened at $136.69 on Thursday. PepsiCo, Inc. has a one year low of $133.73 and a one year high of $171.48. 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 has a market cap of $186.57 billion, a price-to-earnings ratio of 17.91, a PEG ratio of 2.92 and a beta of 0.35. The firm's fifty day moving average is $139.65 and its two-hundred day moving average is $147.88.

PepsiCo (NASDAQ:PEP - Get Free Report) last released its quarterly earnings data on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, beating analysts' consensus estimates of $2.19 by $0.01. The business had revenue of $24.18 billion during the quarter, compared to analyst estimates of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The company's revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the business posted $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Research analysts expect that PepsiCo, Inc. will post 8.57 EPS for the current year.

PepsiCo Dividend Announcement

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 issued a $1.48 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a yield of 4.3%. PepsiCo's payout ratio is presently 77.59%.

About PepsiCo

PepsiCo, Inc NASDAQ: PEP is a global food and beverage company headquartered in Purchase, New York. Its portfolio includes carbonated soft drinks, sports drinks, bottled water, juices, ready-to-drink beverages, snack foods and convenient foods. Major brands include Pepsi, Mountain Dew, Gatorade, Lay's, Doritos, Cheetos, Quaker and SodaStream.

The company sells products through a broad range of channels, including grocery stores, convenience stores, restaurants, food-service providers, vending operations and e-commerce platforms.

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