Evolve Private Wealth LLC Buys New Stake in PepsiCo, Inc. $PEP

Key Points

• Evolve Private Wealth LLC purchased 13,325 PepsiCo shares worth approximately $1.81 million, while institutional investors collectively own 73.07% of the stock.
• PepsiCo reported quarterly EPS of $2.20 and revenue of $24.18 billion, surpassing estimates, with revenue up 6.4% year over year. The company maintained fiscal 2026 EPS guidance of $8.55–$8.71.
• PepsiCo declared a quarterly dividend of $1.48 per share, equivalent to a 4.2% yield, but analysts retain a consensus “Hold” rating amid concerns about slower growth and weakness in North America.

Evolve Private Wealth LLC purchased a new stake in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 13,325 shares of the company's stock, valued at approximately $1,806,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cypress Capital Management LLC WY raised its position in shares of PepsiCo by 8.3% during the 4th quarter. Cypress Capital Management LLC WY now owns 838 shares of the company's stock valued at $121,000 after buying an additional 64 shares in the last quarter. United Bank grew its position in PepsiCo by 3.9% in the fourth quarter. United Bank now owns 1,717 shares of the company's stock worth $246,000 after acquiring an additional 65 shares in the last quarter. Onyx Bridge Wealth Group LLC increased its stake in PepsiCo by 2.5% during the first quarter. Onyx Bridge Wealth Group LLC now owns 2,673 shares of the company's stock worth $415,000 after acquiring an additional 66 shares during the last quarter. Wilkerson Advisory Group LLC raised its position in PepsiCo by 3.3% during the first quarter. Wilkerson Advisory Group LLC now owns 2,040 shares of the company's stock valued at $317,000 after purchasing an additional 66 shares during the period. Finally, Richards Merrill & Peterson Inc. lifted its stake in shares of PepsiCo by 3.6% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 1,938 shares of the company's stock valued at $301,000 after purchasing an additional 67 shares during the last quarter. 73.07% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other PepsiCo news, EVP David Flavell sold 2,900 shares of PepsiCo 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 transaction, the executive vice president directly owned 74,825 shares of the company's stock, valued at approximately $10,441,080.50. The trade was a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.12% of the stock is owned by insiders.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Jim Cramer highlighted PepsiCo as a defensive large-cap opportunity, citing its roughly 4% dividend yield and the potential benefit of lower oil prices. Cheaper fuel could support consumer spending and reduce transportation and operating costs. Jim Cramer Shares Why PepsiCo Caught His Eye During Consumer Headwinds
• Positive Sentiment: Investors remain attracted to PepsiCo’s 54-year record of consecutive dividend increases and comparatively reasonable valuation. Improving international results could help offset continuing weakness in North America, supporting the case for income-oriented investors. Most Investors Overlook This. I’m Buying PepsiCo for Its Dividend
• Positive Sentiment: PepsiCo is pursuing growth beyond its traditional snack portfolio by introducing and emphasizing global flavors, a strategy that could broaden consumer appeal and create new avenues for international growth. PepsiCo Bets on Global Flavors to Grow Beyond Snacks
• Neutral Sentiment: Commentary describing consumer staples as a lagging sector frames PepsiCo as a value opportunity rather than a near-term growth leader. The investment appeal depends on the stock’s discounted valuation, dividend support and execution on its recovery plans. The Consumer Staples Sector Is Lagging the S&P 500
• Negative Sentiment: Texas authorities are investigating PepsiCo and Kraft Heinz over claims involving avocado oil. The outcome and scope of the investigation are unclear, but regulatory scrutiny could create legal, reputational or product-related costs. PepsiCo, Kraft Heinz Under Investigation in Texas Over Avocado Oil Claims
• Negative Sentiment: Analysts note that PepsiCo’s dividend faces pressure from slower growth, persistent North American weakness and a more difficult recovery than the commodity-driven risks facing Chevron. This raises questions about future payout growth, despite the company’s long dividend history. Chevron or PepsiCo: Whose Dividend Is Standing on Thinner Ice?

PepsiCo Trading Up 1.0%

Shares of NASDAQ PEP opened at $141.07 on Friday. PepsiCo, Inc. has a 1-year low of $133.73 and a 1-year high of $171.48. The business has a fifty day moving average price of $139.86 and a 200 day moving average price of $149.51. The stock has a market capitalization of $192.55 billion, a P/E ratio of 18.49, a price-to-earnings-growth ratio of 3.07 and a beta of 0.35. 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 (NASDAQ:PEP - Get Free Report) last announced its earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, topping analysts' consensus estimates of $2.19 by $0.01. The business had revenue of $24.18 billion during 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 firm's revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Equities research analysts expect that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on PEP shares. Jefferies Financial Group cut their target price on PepsiCo from $162.00 to $152.00 and set a "hold" rating on the stock in a research report on Friday, July 10th. Evercore set a $150.00 price target on PepsiCo in a research report on Thursday, July 9th. Weiss Ratings restated a "hold (c)" rating on shares of PepsiCo in a research report on Monday, July 6th. Sanford C. Bernstein set a $134.00 target price on shares of PepsiCo in a research note on Friday, July 10th. Finally, BNP Paribas Exane dropped their price objective on PepsiCo from $195.00 to $183.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 8th. 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. According to data from MarketBeat, PepsiCo presently has a consensus rating of "Hold" and an average target price of $157.90.

PepsiCo 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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