Main Street Financial Solutions LLC Invests $1.76 Million in PepsiCo, Inc. $PEP

Key Points

• Main Street Financial Solutions initiated a PepsiCo position worth approximately $1.76 million by purchasing 12,969 shares. Institutional investors collectively own 73.07% of PepsiCo’s outstanding stock.
• PepsiCo’s latest quarterly results modestly exceeded expectations, with adjusted EPS of $2.20 and revenue of $24.18 billion, up 6.4% year over year. The company maintained fiscal 2026 EPS guidance of $8.55–$8.71.
• Analysts have a consensus “Hold” rating and a $157.90 price target, while PepsiCo declared a quarterly dividend of $1.48, equivalent to a 4.2% annualized yield.

Main Street Financial Solutions LLC bought a new stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 12,969 shares of the company's stock, valued at approximately $1,756,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Swiss Life Asset Management Ltd increased 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 purchasing an additional 42,335 shares during the period. National Pension Service raised 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 in the last quarter. Allstate Corp boosted its position in shares of PepsiCo by 108.1% during the 4th 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 in the last quarter. First Nebraska Trust Co bought a new position in shares of PepsiCo during the 1st quarter valued at about $10,782,000. Finally, Knights of Columbus Asset Advisors LLC boosted its holdings in PepsiCo by 90.0% during the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 94,652 shares of the company's stock worth $13,584,000 after buying an additional 44,824 shares in the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the firm's stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $139.54, for a total transaction of $404,666.00. Following the transaction, the executive vice president directly owned 74,825 shares in the company, valued at $10,441,080.50. This trade represents a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.12% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on PEP. Rothschild & Co Redburn increased their price objective on PepsiCo from $130.00 to $132.00 in a research report on Monday, May 11th. Citigroup lowered shares of PepsiCo from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $170.00 to $145.00 in a research note on Friday, July 10th. BNP Paribas Exane dropped their target price on shares of PepsiCo from $195.00 to $183.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 8th. TD Cowen reduced their price target on shares of PepsiCo from $150.00 to $145.00 and set a "hold" rating for the company in a research report on Friday, July 10th. Finally, Jefferies Financial Group decreased their price objective on shares of PepsiCo from $162.00 to $152.00 and set a "hold" rating for the company in a research note on Friday, July 10th. Seven research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, PepsiCo has an average rating of "Hold" and a consensus price target of $157.90.

PepsiCo Stock Down 1.7%

PEP opened at $142.27 on Wednesday. The company 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. 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, Inc. has a fifty-two week low of $133.73 and a fifty-two week high of $171.48. The business has a 50-day moving average of $139.91 and a 200-day moving average of $149.97.

PepsiCo (NASDAQ:PEP - Get Free Report) last released its quarterly earnings data on Thursday, July 9th. The company reported $2.20 EPS for the quarter, topping analysts' consensus estimates of $2.19 by $0.01. The firm had revenue of $24.18 billion for the quarter, compared to the consensus estimate of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The firm's revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior 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 forecast that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be issued a $1.48 dividend. The ex-dividend date 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 is currently 77.59%.

Key PepsiCo News

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 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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