Diversify Advisory Services LLC Takes Position in PepsiCo, Inc. $PEP

Key Points

• Diversify Advisory Services LLC acquired 64,003 PepsiCo shares in the second quarter, valued at approximately $8.95 million. Institutional investors collectively own 73.07% of the company.
• Analysts have recently reduced price targets, with PepsiCo carrying a consensus “Hold” rating and a consensus target price of $157.90.
• PepsiCo reported quarterly revenue of $24.18 billion and adjusted earnings of $2.20 per share, while maintaining its 2026 EPS guidance. The company also declared a quarterly dividend of $1.48, equivalent to a 4.2% annualized yield.

Diversify Advisory Services LLC bought a new position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm bought 64,003 shares of the company's stock, valued at approximately $8,947,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Evergreen Advisors LLC bought a new stake in PepsiCo during the first quarter worth about $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of PepsiCo in the fourth quarter valued at approximately $26,000. Swiss RE Ltd. acquired a new position in shares of PepsiCo in the 4th quarter worth approximately $28,000. Atlatl Advisers LLC bought a new stake in PepsiCo during the 2nd quarter worth approximately $31,000. Finally, Imprint Wealth LLC acquired a new stake in PepsiCo during the 3rd quarter valued at $31,000. 73.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on PEP shares. Morgan Stanley reduced their price objective on PepsiCo from $180.00 to $160.00 and set an "equal weight" rating on the stock in a research note on Friday, July 10th. JPMorgan Chase & Co. lowered their target price on PepsiCo from $178.00 to $170.00 and set an "overweight" rating for the company in a research note on Wednesday, July 1st. Wells Fargo & Company cut their price target on PepsiCo from $150.00 to $140.00 and set an "equal weight" rating for the company in a report on Friday, July 10th. Weiss Ratings reissued a "hold (c)" rating on shares of PepsiCo in a report on Monday, July 6th. Finally, Royal Bank Of Canada lowered 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 issued a Sell rating to the company's stock. Based on data from MarketBeat, PepsiCo 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

PepsiCo Trading Down 1.7%

Shares of PEP opened at $142.27 on Wednesday. The stock's fifty day simple moving average is $139.91 and its 200-day simple moving average is $149.97. The firm has a market capitalization of $194.18 billion, a PE ratio of 18.65, a price-to-earnings-growth ratio of 3.18 and a beta of 0.35. PepsiCo, Inc. has a 12-month low of $133.73 and a 12-month high of $171.48. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91.

PepsiCo (NASDAQ:PEP - Get Free Report) last released its 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 company had revenue of $24.18 billion for the quarter, compared to the consensus estimate of $23.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The company's revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, research analysts predict that PepsiCo, Inc. will post 8.57 earnings per share for the current year.

PepsiCo Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be paid 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 4.2%. PepsiCo's dividend payout ratio (DPR) is presently 77.59%.

Insider Buying and Selling

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the company's stock in a transaction on Monday, July 27th. The shares were 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 in the company, valued at approximately $10,441,080.50. The trade was a 3.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.12% of the company's stock.

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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