BOK Financial Private Wealth Inc. Invests $1.69 Million in PepsiCo, Inc. $PEP

Key Points

• BOK Financial Private Wealth acquired 12,452 PepsiCo shares worth approximately $1.69 million, while institutional investors collectively own 73.07% of PEP.
• Analyst sentiment remains cautious: PepsiCo has a consensus “Hold” rating and a $157.90 average price target after several firms lowered targets.
• PepsiCo exceeded quarterly earnings and revenue expectations, reported 6.4% year-over-year revenue growth, and declared a $1.48 quarterly dividend, equating to a 4.2% yield.

BOK Financial Private Wealth Inc. acquired a new stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 12,452 shares of the company's stock, valued at approximately $1,686,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PEP. Swiss Life Asset Management Ltd raised its holdings in PepsiCo by 11.4% in the 4th quarter. Swiss Life Asset Management Ltd now owns 415,271 shares of the company's stock worth $59,600,000 after acquiring an additional 42,335 shares during the period. National Pension Service boosted its holdings in PepsiCo by 2.5% during the fourth quarter. National Pension Service now owns 3,143,939 shares of the company's stock valued at $451,218,000 after acquiring an additional 77,051 shares during the period. Allstate Corp grew its position in shares of PepsiCo by 108.1% in the fourth quarter. Allstate Corp now owns 104,723 shares of the company's stock valued at $15,030,000 after purchasing an additional 54,405 shares during the last quarter. First Nebraska Trust Co bought a new position in shares of PepsiCo in the first quarter worth about $10,782,000. Finally, Knights of Columbus Asset Advisors LLC increased its stake in shares of PepsiCo by 90.0% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 94,652 shares of the company's stock worth $13,584,000 after purchasing an additional 44,824 shares during the period. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Citigroup downgraded PepsiCo from a "buy" rating to a "neutral" rating and decreased their target price for the company from $170.00 to $145.00 in a research note on Friday, July 10th. Sanford C. Bernstein set a $134.00 price target on PepsiCo in a report on Friday, July 10th. TD Cowen reduced 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. JPMorgan Chase & Co. lowered their price objective on shares of PepsiCo from $178.00 to $170.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 1st. Finally, Jefferies Financial Group reduced their price target on shares of PepsiCo from $162.00 to $152.00 and set a "hold" rating for the company in a report on Friday, July 10th. Seven equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $157.90.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s international business is approaching $40 billion in revenue, with overseas volume growth, market-share gains and investment increasingly supporting the company’s long-term diversification. Is PepsiCo's Growth Story Becoming More Internationally Focused?
• Positive Sentiment: Autonomous-truck startup Gatik raised $200 million shortly after signing a multiyear commercial agreement with PepsiCo. The financing provides some external validation for PepsiCo’s logistics-automation initiative, although the direct earnings impact remains uncertain. Gatik Raises $200M Following PepsiCo Deal
• Neutral Sentiment: PepsiCo will release third-quarter 2026 results on October 8. The report will be an important catalyst for investors assessing demand, pricing, margins and the company’s reaffirmed full-year outlook. PepsiCo Announces Third-Quarter 2026 Results Timing
• Neutral Sentiment: Analysts maintain a consensus “Hold” recommendation, suggesting limited conviction that PepsiCo’s current valuation offers a clear near-term catalyst. PepsiCo Receives Consensus Hold Recommendation
• Negative Sentiment: Comparisons with Coca-Cola point to stronger perceived brand power, margin performance and earnings momentum at Coca-Cola, potentially making PepsiCo appear less attractive within the beverage sector. Pepsi vs. Coke: One Stock Is Starting to Pull Ahead
• Negative Sentiment: Indian regulators reportedly placed PepsiCo among food companies facing scrutiny over advertising and labeling claims. Any enforcement or compliance costs could create reputational and financial risks, though the reports do not indicate a confirmed material penalty. Food Giants on FSSAI's Radar

Insider Activity

In other news, EVP David Flavell sold 2,900 shares of the 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. This represents a 3.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.12% of the company's stock.

PepsiCo Trading Down 1.7%

Shares of PEP stock opened at $142.27 on Wednesday. The firm has a fifty day moving average of $139.91 and a 200-day moving average of $149.97. The stock has a market cap of $194.18 billion, a price-to-earnings ratio of 18.65, a P/E/G ratio of 3.18 and a beta of 0.35. PepsiCo, Inc. has a 52-week low of $133.73 and a 52-week 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.

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

PepsiCo Announces Dividend

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 paid a $1.48 dividend. This represents a $5.92 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Friday, September 4th. PepsiCo's dividend payout ratio is currently 77.59%.

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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