First National Bank of Omaha Has $18.87 Million Holdings in PepsiCo, Inc. $PEP

Key Points

• First National Bank of Omaha reduced its PepsiCo stake by 13.2% in the second quarter, selling 21,061 shares and retaining 138,807 shares valued at approximately $18.87 million. Institutional investors collectively own 73.07% of PepsiCo.
• PepsiCo reported quarterly revenue of $24.18 billion, up 6.4% year over year, and adjusted earnings of $2.20 per share, slightly exceeding estimates. The company declared a quarterly dividend of $1.48, equivalent to a 4.2% annualized yield.
• Shares opened at $142.27, down 1.7%, while analysts maintain a consensus “Hold” rating with an average price target of $157.90. Recent target-price cuts reflect concerns about near-term upside despite PepsiCo’s international growth and logistics-automation initiatives.

First National Bank of Omaha trimmed its holdings in PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 13.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 138,807 shares of the company's stock after selling 21,061 shares during the quarter. First National Bank of Omaha's holdings in PepsiCo were worth $18,870,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Alpine Woods Capital Investors LLC raised its stake in PepsiCo by 0.7% during the 2nd quarter. Alpine Woods Capital Investors LLC now owns 43,111 shares of the company's stock valued at $5,837,000 after purchasing an additional 315 shares during the last quarter. Pension & Wealth Management Advisors Inc. raised its position in shares of PepsiCo by 40.0% during the second quarter. Pension & Wealth Management Advisors Inc. now owns 605 shares of the company's stock valued at $82,000 after buying an additional 173 shares during the last quarter. Texas Capital Bank Wealth Management Services Inc raised its position in shares of PepsiCo by 2.2% during the second quarter. Texas Capital Bank Wealth Management Services Inc now owns 11,599 shares of the company's stock valued at $1,571,000 after buying an additional 251 shares during the last quarter. Aegis Wealth Management LLC lifted its stake in shares of PepsiCo by 17.9% in the second quarter. Aegis Wealth Management LLC now owns 1,873 shares of the company's stock valued at $254,000 after buying an additional 284 shares during the period. Finally, B & T Capital Management DBA Alpha Capital Management grew its position in PepsiCo by 3.3% during the second quarter. B & T Capital Management DBA Alpha Capital Management now owns 35,169 shares of the company's stock worth $4,762,000 after buying an additional 1,112 shares in the last quarter. Institutional investors own 73.07% of the company's stock.

Insider Buying and Selling at PepsiCo

In related 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 transaction of $404,666.00. Following the completion of the sale, the executive vice president owned 74,825 shares in the company, valued at $10,441,080.50. This trade represents a 3.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.12% of the company's stock.

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 company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91. The stock has a market cap of $194.18 billion, a PE ratio of 18.65, a PEG ratio of 3.18 and a beta of 0.35. PepsiCo, Inc. has a 1 year low of $133.73 and a 1 year high of $171.48. The stock has a 50 day simple moving average of $139.91 and a 200-day simple moving average of $149.97.

PepsiCo (NASDAQ:PEP - Get Free Report) last announced its quarterly earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, beating the consensus estimate of $2.19 by $0.01. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The business had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. During the same quarter in the previous year, the firm earned $0.92 EPS. PepsiCo's quarterly 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, sell-side analysts predict 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. Stockholders of record on Friday, September 4th will be issued a $1.48 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.92 annualized dividend and a dividend yield of 4.2%. PepsiCo's dividend payout ratio is presently 77.59%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on PEP shares. Morgan Stanley cut their price target on PepsiCo from $180.00 to $160.00 and set an "equal weight" rating for the company in a report on Friday, July 10th. Sanford C. Bernstein set a $134.00 target price on PepsiCo in a research note on Friday, July 10th. JPMorgan Chase & Co. reduced their target price on PepsiCo from $178.00 to $170.00 and set an "overweight" rating for the company in a research report on Wednesday, July 1st. Wells Fargo & Company lowered their price target on shares of PepsiCo from $150.00 to $140.00 and set an "equal weight" rating on the stock in a report on Friday, July 10th. Finally, Citigroup cut shares of PepsiCo from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $170.00 to $145.00 in a research note on Friday, July 10th. Seven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, PepsiCo presently has an average rating of "Hold" and a consensus 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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