Beacon Investment Advisory Services Inc. Has $7.67 Million Position in PepsiCo, Inc. $PEP

Key Points

• Beacon Investment Advisory Services increased its PepsiCo stake by 17.3% in the second quarter, bringing its holdings to 56,650 shares valued at approximately $7.67 million. Institutional investors and hedge funds collectively own 73.07% of PepsiCo.
• Wall Street’s consensus rating is “Hold”, with an average price target of $157.90 versus the stock’s opening price of $138.45. Recent analyst actions included downgrades and reduced targets, reflecting mixed sentiment.
• PepsiCo reported quarterly EPS of $2.20, slightly above expectations, while revenue rose 6.4% year over year to $24.18 billion. The company also announced a quarterly dividend of $1.48 per share, equating to a 4.3% annualized yield.

Beacon Investment Advisory Services Inc. grew its position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 17.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,650 shares of the company's stock after purchasing an additional 8,374 shares during the quarter. Beacon Investment Advisory Services Inc.'s holdings in PepsiCo were worth $7,670,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. National Pension Service grew its stake in shares of PepsiCo by 2.5% in the fourth quarter. National Pension Service now owns 3,143,939 shares of the company's stock worth $451,218,000 after purchasing an additional 77,051 shares during the last quarter. Allstate Corp raised its position in PepsiCo by 108.1% during the 4th quarter. Allstate Corp now owns 104,723 shares of the company's stock worth $15,030,000 after purchasing an additional 54,405 shares during the last quarter. First Nebraska Trust Co acquired a new position in PepsiCo during the 1st quarter worth about $10,782,000. Knights of Columbus Asset Advisors LLC grew its position in shares of PepsiCo by 90.0% in the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 94,652 shares of the company's stock valued at $13,584,000 after buying an additional 44,824 shares during the last quarter. Finally, IFM Investors Pty Ltd increased its stake in shares of PepsiCo by 4.8% in the first quarter. IFM Investors Pty Ltd now owns 273,135 shares of the company's stock valued at $42,415,000 after buying an additional 12,472 shares during the period. Institutional investors and hedge funds own 73.07% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Piper Sandler set a $176.00 price objective on PepsiCo in a research report on Thursday, July 9th. TD Cowen reissued a "hold" rating on shares of PepsiCo in a research report on Friday, August 28th. Citigroup lowered shares of PepsiCo from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $170.00 to $145.00 in a report on Friday, July 10th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of PepsiCo in a research note on Monday, July 6th. Finally, Royal Bank Of Canada decreased their price objective on shares of PepsiCo from $163.00 to $161.00 and set a "sector perform" rating for the company in a research report on Friday, July 10th. Seven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $157.90.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s global convenient-foods organic volume reportedly rose 3% in the second quarter, supported by international demand, product innovation and affordability. The momentum suggests its snack portfolio may be stabilizing after recent pressure. PepsiCo's Snack Portfolio: What's Driving Volume Gains?
• Positive Sentiment: PepsiCo is pursuing growth in a large fresh-food market as GLP-1 medications and health-conscious consumers increase demand for protein, fiber and less-processed products. Diversifying beyond traditional salty snacks could help offset weaker demand in some legacy categories. GLP-1 Drugs Are Pushing PepsiCo Into a New $271 Billion Market
• Positive Sentiment: Several opinion pieces characterize PepsiCo as an attractive or undervalued dividend investment. Its defensive consumer-staples business and income profile may appeal to investors seeking reliable cash returns, particularly after the stock’s recent weakness. PepsiCo: An Undervalued Dividend Machine Worth A Second Look
• Neutral Sentiment: PepsiCo is reformulating Gatorade, including the use of black carrots for its red coloring, as it responds to ingredient and consumer-preference trends. The move highlights ongoing innovation but does not yet establish a material financial impact. Inside PepsiCo’s battle to remake Gatorade
• Negative Sentiment: GLP-1 adoption is also viewed as a risk because users may eat less and reduce consumption of snacks. Articles questioning what is wrong with PepsiCo emphasize its significant underperformance over the past five years, keeping pressure on management to restore growth. What's Wrong With PepsiCo Stock?
• Negative Sentiment: Compared with Coca-Cola, PepsiCo is being scrutinized as the less compelling dividend choice by some investors because the companies have recently moved in opposite directions and Coca-Cola offers a higher yield. That comparison could limit enthusiasm for PEP among income-focused buyers. Coca-Cola vs PepsiCo: What's the Better Dividend Stock to Buy Right Now?

PepsiCo Trading Up 0.6%

NASDAQ PEP opened at $138.45 on Wednesday. The stock has a market capitalization of $188.97 billion, a P/E ratio of 18.15, a P/E/G ratio of 2.90 and a beta of 0.35. The business has a 50 day simple moving average of $139.74 and a 200 day simple moving average of $148.07. 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, Inc. has a one year low of $133.73 and a one year high of $171.48.

PepsiCo (NASDAQ:PEP - Get Free Report) last issued 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. The firm had revenue of $24.18 billion for 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% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Research analysts expect 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. Investors 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 4.3%. The ex-dividend date is Friday, September 4th. PepsiCo's payout ratio is presently 77.59%.

Insider Transactions 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 completion of the sale, the executive vice president directly owned 74,825 shares in the company, 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 document filed with the SEC, which can be accessed through this hyperlink. 0.12% of the stock is currently owned by corporate insiders.

PepsiCo Profile

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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