Navellier & Associates Inc. Sells 11,790 Shares of PepsiCo, Inc. $PEP

Key Points

• Navellier & Associates cut its PepsiCo position by 87.8%, selling 11,790 shares and retaining 1,642 shares valued at approximately $222,000. Institutional investors collectively own 73.07% of PEP.
• PepsiCo’s latest quarterly results slightly exceeded expectations, with $2.20 EPS and $24.18 billion in revenue, up 6.4% year over year. The company maintained its 2026 EPS guidance and announced a quarterly dividend of $1.48 per share, representing a 4.2% yield.
• PEP shares opened at $139.79, near the lower end of their 52-week range, while analysts’ consensus rating remains Hold with an average price target of $157.90. Softer North American demand and damage to a Ukraine facility remain risks, despite potential support from snack-market gains and beverage partnerships.

Navellier & Associates Inc. decreased its position in PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 87.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,642 shares of the company's stock after selling 11,790 shares during the quarter. Navellier & Associates Inc.'s holdings in PepsiCo were worth $222,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Auto Owners Insurance Co grew its holdings in PepsiCo by 14,857.8% in the 4th quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company's stock valued at $7,068,777,000 after buying an additional 48,923,629 shares during the last quarter. Norges Bank bought a new stake in shares of PepsiCo in the fourth quarter valued at approximately $3,018,813,000. Bank of America Corp DE acquired a new stake in shares of PepsiCo in the second quarter worth $2,755,509,000. Legal & General Group Plc acquired a new stake in PepsiCo in the 2nd quarter worth $1,200,274,000. Finally, Corient Private Wealth LP bought a new position in shares of PepsiCo during the 2nd quarter worth about $297,116,000. 73.07% of the stock is currently owned by institutional investors.

Insider Activity at PepsiCo

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the company's stock in a transaction on 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 approximately $10,441,080.50. The trade was a 3.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.12% of the company's stock.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is participating with Mondelēz International and pladis in a circular food-packaging trial. The initiative could support sustainability goals and help develop more scalable packaging solutions, although the near-term financial impact is likely limited. Mondelēz International, PepsiCo and pladis collaborate to advance the future of food packaging
• Positive Sentiment: A partnership with Carlsberg reportedly helped grow the brewer’s soft-drinks segment by 9%, highlighting the potential for PepsiCo’s distribution and beverage partnerships to generate incremental volume. PepsiCo Partnership Grows Carlsberg Soft Drink Segment by 9%
• Positive Sentiment: Analysts and investors continue to view PEP’s discounted valuation and dividend yield as attractive relative to Coca-Cola, particularly for income-focused investors. Snack-market share gains and beverage resilience could support a gradual recovery. PepsiCo Is Struggling While Coca-Cola Hits All-Time Highs
• Neutral Sentiment: PepsiCo’s North American business faces softer consumer spending and pressure in key food categories. However, snack share gains and stronger beverages suggest management may be dealing with a temporary slowdown rather than a permanently weaker franchise. PepsiCo's North America Challenge: Temporary or Structural?
• Neutral Sentiment: Indian authorities reportedly seized PepsiCo-branded products connected to an alleged operation that falsified expiration dates and nutrition labels. PepsiCo and Coca-Cola were not accused of wrongdoing, limiting direct liability but creating some reputational and supply-chain attention. India busts firm faking expiry dates, nutrition labels on PepsiCo and Nestle food exports
• Negative Sentiment: PepsiCo confirmed damage to a production facility in Ukraine following a reported Russian strike. No injuries were reported, but possible disruption, repair costs and uncertainty about the site’s operating capacity add to geopolitical and execution risks. PepsiCo confirms damage to Ukraine plant

PepsiCo Stock Performance

Shares of NASDAQ:PEP opened at $139.79 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. PepsiCo, Inc. has a 1-year low of $133.73 and a 1-year high of $171.48. The stock has a market capitalization of $190.80 billion, a P/E ratio of 18.32, a P/E/G ratio of 3.08 and a beta of 0.35. The business has a 50-day moving average price of $139.80 and a two-hundred day moving average price of $149.00.

PepsiCo (NASDAQ:PEP - Get Free Report) last issued its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (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 company had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. During the same quarter last year, the firm earned $0.92 EPS. The company's revenue for the quarter was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Equities analysts predict that PepsiCo, Inc. will post 8.57 earnings per share for the current year.

PepsiCo Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Jefferies Financial Group reduced their target price 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. BNP Paribas Exane dropped their price objective on shares of PepsiCo from $195.00 to $183.00 and set an "outperform" rating for the company in a research note on Wednesday, July 8th. Citigroup lowered PepsiCo from a "buy" rating to a "neutral" rating and decreased their price target for the company from $170.00 to $145.00 in a research note on Friday, July 10th. Deutsche Bank Aktiengesellschaft set a $155.00 price objective on shares of PepsiCo in a research note on Friday, July 10th. Finally, Royal Bank Of Canada cut their price target on PepsiCo from $163.00 to $161.00 and set a "sector perform" rating for the company in a report on Friday, July 10th. Seven research 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's stock. According to data from MarketBeat, PepsiCo has a consensus rating of "Hold" and an average price target of $157.90.

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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