B. Metzler seel. Sohn & Co. AG Sells 96,477 Shares of PepsiCo, Inc. $PEP

Key Points

• B. Metzler seel. Sohn & Co. AG cut its PepsiCo stake by 20.4%, selling 96,477 shares and retaining 377,115 shares valued at approximately $51.1 million. Institutional investors still own 73.07% of the company.
• PepsiCo reported quarterly EPS of $2.20 and revenue of $24.18 billion, exceeding analyst expectations, while revenue increased 6.4% year over year. The company maintained fiscal 2026 EPS guidance of $8.55–$8.71.
• PepsiCo announced a quarterly dividend of $1.48 per share, equivalent to $5.92 annually and a 4.2% yield. Despite the dividend appeal, analysts maintain an average “Hold” rating, citing soft North American demand and operational risks.

B. Metzler seel. Sohn & Co. AG reduced its position in PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 20.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 377,115 shares of the company's stock after selling 96,477 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in PepsiCo were worth $51,061,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of PEP. Auto Owners Insurance Co lifted 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 valued at $7,068,777,000 after buying an additional 48,923,629 shares in the last quarter. Norges Bank bought a new stake in shares of PepsiCo during the fourth quarter valued at approximately $3,018,813,000. Bank of America Corp DE purchased a new position in PepsiCo during the 2nd quarter worth $2,755,509,000. Legal & General Group Plc bought a new stake in shares of PepsiCo in the second quarter valued at about $1,200,274,000. Finally, Corient Private Wealth LP purchased a new stake in PepsiCo in the second quarter worth about $297,116,000. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

PepsiCo Trading Down 0.4%

NASDAQ PEP opened at $140.02 on Friday. PepsiCo, Inc. has a 12-month low of $133.73 and a 12-month high of $171.48. The company has a fifty day simple moving average of $139.78 and a two-hundred day simple moving average of $148.63. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91. The stock has a market cap of $191.11 billion, a P/E ratio of 18.35, a P/E/G ratio of 2.96 and a beta of 0.35.

PepsiCo (NASDAQ:PEP - Get Free Report) last issued its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.19 by $0.01. The company 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 firm's quarterly 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. On average, analysts forecast that PepsiCo, Inc. will post 8.57 earnings per share for the current year.

PepsiCo Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th will be paid a $1.48 dividend. The ex-dividend date is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.2%. PepsiCo's dividend payout ratio is presently 77.59%.

Insider Transactions at PepsiCo

In other PepsiCo 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 value of $404,666.00. Following the completion of the transaction, 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.12% of the company's stock.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: International momentum, a potential large share buyback, and a portfolio overhaul could provide catalysts for PepsiCo in 2027, particularly as the company’s valuation has lagged some consumer-staples peers. Prediction: Pepsi Stock Could Surprise Wall Street in 2027
• Positive Sentiment: PepsiCo signed a multimillion-dollar partnership making its brands the official soft-drink portfolio of Arizona Athletic Grounds through 2033, supporting brand visibility and long-term commercial relationships. Arizona Athletic Grounds Partnership
• Positive Sentiment: Management continues to reiterate its revenue-growth targets, reinforcing confidence in the company’s dividend, cash-generation profile, and ability to navigate current pressure. PepsiCo Management Reiterates Revenue Growth Targets
• Neutral Sentiment: PepsiCo is transferring its global media account from Omnicom’s OMD to Publicis. The change may improve marketing effectiveness as consumer preferences and advertising technology evolve, but it also signals a significant transformation effort rather than an immediate earnings catalyst. PepsiCo Hands Global Media to Publicis
• Neutral Sentiment: Bank of America reaffirmed a Hold rating and a $152 price target, citing international strength that offsets weakness in PepsiCo Foods North America. The target implies potential upside from recent levels, but the unchanged rating reflects limited conviction. PepsiCo Neutral Rating Reaffirmed
• Negative Sentiment: Soft North American demand, especially as consumers move away from processed snacks, remains the clearest near-term concern. PepsiCo is responding by emphasizing fresh-food innovation and portfolio adjustments, but these changes may take time to improve sales trends. PepsiCo Puts Fresh Foods in Focus
• Negative Sentiment: Damage to a Ukrainian production facility and continued demand softness add operational and geopolitical risk, potentially pressuring near-term results and investor sentiment. PepsiCo Faces Ukraine Damage and Soft Demand
• Negative Sentiment: PepsiCo is reportedly ending obesity-related GLP-1 medication coverage for some employees, prompting criticism from the Obesity Action Coalition and creating potential reputational and employee-relations risks. OAC Calls on PepsiCo to Keep Obesity Treatment Coverage

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Bank of America dropped their target price on shares of PepsiCo from $173.00 to $164.00 and set a "neutral" rating on the stock in a report on Thursday, June 25th. Evercore set a $150.00 price objective on PepsiCo in a research note on Thursday, July 9th. Barclays raised their price objective on PepsiCo from $138.00 to $142.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 21st. Sanford C. Bernstein set a $134.00 target price on shares of PepsiCo in a report on Friday, July 10th. Finally, Jefferies Financial Group cut their price target on shares of PepsiCo from $162.00 to $152.00 and set a "hold" rating on the stock in a 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 stock. According to data from MarketBeat.com, PepsiCo currently has an average rating of "Hold" and an average price target of $157.90.

PepsiCo 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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