Kelly Lawrence W & Associates Inc. CA Buys Shares of 59,121 PepsiCo, Inc. $PEP

Kelly Lawrence W & Associates Inc. CA purchased a new position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 59,121 shares of the company's stock, valued at approximately $8,005,000. PepsiCo accounts for about 1.7% of Kelly Lawrence W & Associates Inc. CA's portfolio, making the stock its 21st largest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Swiss Life Asset Management Ltd raised its position in shares of PepsiCo by 11.4% during the 4th quarter. Swiss Life Asset Management Ltd now owns 415,271 shares of the company's stock valued at $59,600,000 after buying an additional 42,335 shares during the period. National Pension Service grew its position in PepsiCo by 2.5% in the fourth quarter. National Pension Service now owns 3,143,939 shares of the company's stock worth $451,218,000 after acquiring an additional 77,051 shares during the period. Allstate Corp raised its position in PepsiCo by 108.1% in the fourth quarter. Allstate Corp now owns 104,723 shares of the company's stock valued at $15,030,000 after purchasing an additional 54,405 shares during the period. First Nebraska Trust Co acquired a new position in shares of PepsiCo in the 1st quarter valued at $10,782,000. Finally, Knights of Columbus Asset Advisors LLC grew its holdings in shares of PepsiCo by 90.0% during the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 94,652 shares of the company's stock worth $13,584,000 after purchasing an additional 44,824 shares during the period. Institutional investors and hedge funds own 73.07% of the company's stock.

PepsiCo Price Performance

Shares of NASDAQ:PEP opened at $141.07 on Monday. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.93 and a quick ratio of 0.74. The firm has a market capitalization of $192.55 billion, a PE ratio of 18.49, a price-to-earnings-growth ratio of 3.10 and a beta of 0.35. The firm's 50-day moving average is $139.86 and its two-hundred day moving average is $149.39. PepsiCo, Inc. has a 1 year low of $133.73 and a 1 year high of $171.48.

PepsiCo (NASDAQ:PEP - Get Free Report) last posted its quarterly earnings data 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 net margin of 10.78% and a return on equity of 54.63%. The business had revenue of $24.18 billion during the quarter, compared to analyst estimates of $23.95 billion. During the same quarter last year, the firm posted $0.92 earnings per share. 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. Analysts predict that PepsiCo, Inc. will post 8.57 EPS for the current year.

PepsiCo Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on PEP shares. Citigroup downgraded PepsiCo from a "buy" rating to a "neutral" rating and cut their price objective for the stock from $170.00 to $145.00 in a research report on Friday, July 10th. Sanford C. Bernstein set a $134.00 price target on shares of PepsiCo in a research report on Friday, July 10th. Wells Fargo & Company reduced their price target on shares of PepsiCo from $150.00 to $140.00 and set an "equal weight" rating on the stock in a research note on Friday, July 10th. Jefferies Financial Group decreased their price objective on shares of PepsiCo from $162.00 to $152.00 and set a "hold" rating on the stock in a report on Friday, July 10th. Finally, Evercore set a $150.00 target price on shares of PepsiCo in a report on Thursday, July 9th. Seven investment 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, the stock presently has an average rating of "Hold" and a consensus price target of $157.90.

PepsiCo News Summary

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?

Insider Buying and Selling at PepsiCo

In other news, EVP David Flavell sold 2,900 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $139.54, for a total value of $404,666.00. Following the sale, the executive vice president directly owned 74,825 shares in the company, valued at approximately $10,441,080.50. This trade represents a 3.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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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