Carrera Capital Advisors Buys Shares of 37,169 PepsiCo, Inc. $PEP

Key Points

• Carrera Capital Advisors acquired 37,169 PepsiCo shares worth approximately $5.03 million in the second quarter, making PEP its 20th-largest holding at 0.7% of the portfolio. Institutional investors collectively own 73.07% of the stock.
• PepsiCo reported quarterly EPS of $2.20 and revenue of $24.18 billion, exceeding analyst estimates, while revenue increased 6.4% year over year. The company guided to fiscal 2026 EPS of $8.55–$8.71.
• PepsiCo announced a quarterly dividend of $1.48, or $5.92 annualized, representing a 4.2% yield. Analysts maintain an average “Hold” rating, with an average price target of $157.90 versus the stock’s $140.13 opening price.

Carrera Capital Advisors acquired a new stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 37,169 shares of the company's stock, valued at approximately $5,033,000. PepsiCo comprises 0.7% of Carrera Capital Advisors' investment portfolio, making the stock its 20th largest position.

Several other hedge funds have also recently made changes to their positions in PEP. Evergreen Advisors LLC purchased a new stake in PepsiCo in the 1st quarter worth about $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in PepsiCo during the fourth quarter valued at about $26,000. Swiss RE Ltd. bought a new position in PepsiCo during the fourth quarter worth about $28,000. Atlatl Advisers LLC purchased a new position in shares of PepsiCo in the second quarter worth about $31,000. Finally, Imprint Wealth LLC bought a new stake in shares of PepsiCo in the third quarter valued at approximately $31,000. 73.07% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other PepsiCo news, EVP David Flavell sold 2,900 shares of PepsiCo stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $139.54, for a total transaction of $404,666.00. Following the completion of the sale, the executive vice president owned 74,825 shares of the company's stock, valued at $10,441,080.50. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.12% of the stock is owned by insiders.

PepsiCo Price Performance

Shares of NASDAQ PEP opened at $140.13 on Wednesday. The firm has a market capitalization of $191.26 billion, a P/E ratio of 18.37, a P/E/G ratio of 3.09 and a beta of 0.35. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. The stock's 50-day simple moving average is $140.10 and its two-hundred day simple moving average is $150.47. PepsiCo, Inc. has a twelve month low of $133.73 and a twelve month 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 analysts' consensus estimates of $2.19 by $0.01. The firm had revenue of $24.18 billion during 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 company's revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the company posted $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, equities analysts anticipate that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Dividend Announcement

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

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s status as a long-standing dividend payer continues to attract income-focused investors. Its yield is described as more than four times that of the S&P 500, providing support while the stock trades well below its 52-week high. Meet the Dividend King Stock That Yields More Than Quadruple the S&P 500
• Positive Sentiment: A reported global review of PepsiCo’s marketing operations could expand the use of artificial intelligence, potentially improving advertising efficiency, consumer targeting and cost control. PepsiCo reportedly launches global AI marketing transformation review
• Positive Sentiment: PepsiCo reported increased recycled content in its plastic packaging, a development that may improve its sustainability profile and help address regulatory and consumer pressure on packaging waste. PepsiCo reports increase in recycled content for plastic packaging
• Neutral Sentiment: Brand refreshes, new products and value offerings are intended to rebuild consumer momentum, but analysts expect any recovery to be gradual because of softer North American demand. PepsiCo's Brand Refresh: Is it Enough to Win Back Consumers?
• Negative Sentiment: Ferrero’s acquisition activity is increasing competitive pressure across packaged foods and snacks, placing PepsiCo’s brands on notice and potentially raising the need for additional investment. Ferrero's M&A moves put General Mills, Post, and PepsiCo on notice
• Negative Sentiment: Reporting that PepsiCo paid $237 million to Russia last year despite previously saying it would leave the country creates reputational, geopolitical and potential regulatory concerns. PepsiCo said it would leave Russia

Analyst Ratings Changes

PEP has been the subject of several analyst reports. Wells Fargo & Company cut their price objective on shares of PepsiCo from $150.00 to $140.00 and set an "equal weight" rating for the company in a report on Friday, July 10th. Deutsche Bank Aktiengesellschaft set a $155.00 target price on shares of PepsiCo in a report on Friday, July 10th. Piper Sandler set a $176.00 price target on PepsiCo in a report on Thursday, July 9th. Sanford C. Bernstein set a $134.00 price target on PepsiCo in a research report on Friday, July 10th. Finally, Morgan Stanley dropped their price objective on PepsiCo from $180.00 to $160.00 and set an "equal weight" rating on the stock in a report on Friday, July 10th. Seven analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, PepsiCo presently has an average rating of "Hold" and an average target price of $157.90.

About PepsiCo

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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