Envestnet Portfolio Solutions Inc. Purchases 12,193 Shares of PepsiCo, Inc. $PEP

Key Points

• Envestnet Portfolio Solutions increased its PepsiCo stake by 10.5%, acquiring 12,193 shares for a total holding of 127,986 shares valued at approximately $17.3 million. Institutional investors collectively own 73.07% of PepsiCo.
• PepsiCo slightly exceeded quarterly expectations, reporting $2.20 EPS and $24.18 billion in revenue, with revenue up 6.4% year over year. The company reaffirmed fiscal 2026 EPS guidance of $8.55–$8.71.
• PepsiCo declared a quarterly dividend of $1.48 per share, representing a 4.5% annualized yield. Shares traded near $130.18, while analysts maintained an overall “Hold” rating with an average price target of $156.80.

Envestnet Portfolio Solutions Inc. lifted its holdings in PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 10.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 127,986 shares of the company's stock after acquiring an additional 12,193 shares during the period. Envestnet Portfolio Solutions Inc.'s holdings in PepsiCo were worth $17,321,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. increased its stake in shares of PepsiCo by 2.1% in the 2nd quarter. BlackRock Inc. now owns 118,281,854 shares of the company's stock valued at $16,015,363,000 after acquiring an additional 2,440,377 shares in the last quarter. State Street Corp grew its holdings in PepsiCo by 1.7% in the second quarter. State Street Corp now owns 60,406,932 shares of the company's stock worth $8,179,099,000 after purchasing an additional 987,582 shares during the period. Auto Owners Insurance Co grew its holdings in PepsiCo by 14,857.8% in the fourth quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company's stock worth $7,068,777,000 after purchasing an additional 48,923,629 shares during the period. Geode Capital Management LLC increased its stake in PepsiCo by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 33,617,937 shares of the company's stock valued at $4,814,835,000 after purchasing an additional 360,936 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of PepsiCo by 0.6% during the first quarter. Bank of America Corp DE now owns 21,283,701 shares of the company's stock valued at $3,305,146,000 after purchasing an additional 133,325 shares during the period. Institutional investors and hedge funds own 73.07% of the company's stock.

PepsiCo Trading Down 0.8%

NASDAQ PEP opened at $130.18 on Thursday. 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 business has a fifty day simple moving average of $138.25 and a 200 day simple moving average of $145.53. PepsiCo, Inc. has a 12 month low of $127.98 and a 12 month high of $171.48. The firm has a market capitalization of $177.68 billion, a P/E ratio of 17.06, a PEG ratio of 2.76 and a beta of 0.35.

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

PepsiCo Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be issued a dividend of $1.48 per share. The ex-dividend date is Friday, September 4th. This represents a $5.92 annualized dividend and a yield of 4.5%. PepsiCo's payout ratio is 77.59%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. UBS Group set a $159.00 target price on PepsiCo in a research note on Thursday, July 9th. TD Cowen reiterated a "hold" rating on shares of PepsiCo in a report on Friday, August 28th. Jefferies Financial Group reduced their price objective on PepsiCo from $162.00 to $152.00 and set a "hold" rating for the company in a research note on Friday, July 10th. Morgan Stanley decreased their price objective on PepsiCo from $180.00 to $160.00 and set an "equal weight" rating for the company in a report on Friday, July 10th. Finally, Royal Bank Of Canada cut their target price on PepsiCo from $163.00 to $161.00 and set a "sector perform" rating on the stock in a report on Friday, July 10th. Seven investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $156.80.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Unusually heavy call-option activity suggests some traders are positioning for a rebound, with call volume roughly 62% above average. This is a sentiment indicator rather than a change to PepsiCo’s fundamentals.
• Positive Sentiment: Analysts and financial commentators describe PepsiCo as an increasingly attractive dividend and value opportunity after its selloff. The company’s latest reported quarter also showed revenue growth and earnings slightly ahead of consensus expectations. Prediction: This Out-of-Favor Dividend Stock Could Have Significant Upside
• Positive Sentiment: PepsiCo is expanding zero-sugar beverages through product innovation, pricing and its broad distribution network. Investors may view the category as a way to respond to changing consumer preferences and support longer-term growth. Can Zero Sugar Drinks Fuel PepsiCo’s Next Growth Phase?
• Neutral Sentiment: PepsiCo reaffirmed its commitment to investment, local talent and partnerships in Saudi Arabia. The announcement supports the company’s regional presence but provides limited near-term earnings information. PepsiCo’s Saudi Arabia Commitment
• Neutral Sentiment: Coverage of sustainable paper beverage packaging highlights PepsiCo’s participation in packaging innovation. The potential brand and environmental benefits are longer-term and unlikely to materially affect immediate trading.
• Neutral Sentiment: A former PepsiCo chief financial officer, Jamie Caulfield, was elected to Kontoor Brands’ board. The appointment is unrelated to PepsiCo’s operations or financial outlook.
• Negative Sentiment: PepsiCo plans to end manufacturing at a longtime Washington, D.C.-area plant, while reports also cite manufacturing layoffs. Such actions may reduce costs, but they reinforce concerns about restructuring, demand and execution. PepsiCo to End Manufacturing at Longtime D.C. Area Plant
• Negative Sentiment: PepsiCo is discontinuing South Africa’s ProNutro after 64 years, adding to investor concerns about portfolio changes and the performance of certain products. PepsiCo Discontinues ProNutro
• Negative Sentiment: A class-action lawsuit alleges that PepsiCo’s Siete and Tostitos chips were falsely advertised as using avocado oil. Although the allegations are unproven, litigation creates potential legal costs and reputational risk.
• Negative Sentiment: Technical analysis indicates that PEP broke below a key support level, with downside risk identified toward approximately $127.70. This reinforces near-term bearish momentum.

Insider Transactions at PepsiCo

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the stock in a transaction dated 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 owned 74,825 shares in the company, valued at approximately $10,441,080.50. This trade represents a 3.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.12% of the company's stock.

About PepsiCo

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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