NBH Bank Invests $1.10 Million in PepsiCo, Inc. $PEP

Key Points

• NBH Bank initiated a $1.10 million position in PepsiCo, purchasing 8,110 shares during the second quarter. Institutional investors collectively own 73.07% of PEP’s outstanding stock.
• PepsiCo recently reported quarterly revenue of $24.18 billion and adjusted earnings of $2.20 per share, both slightly exceeding analyst expectations. The company also declared a quarterly dividend of $1.48 per share, equivalent to a 4.3% annualized yield.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and an average price target of $157.90. Shares opened at $137.63, while softer North American demand and reported damage to a Ukrainian facility present near-term risks.

NBH Bank purchased a new position in PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,110 shares of the company's stock, valued at approximately $1,098,000.

Several other institutional investors also recently added to or reduced their stakes in PEP. Auto Owners Insurance Co raised its stake in shares of PepsiCo by 14,857.8% during the fourth quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company's stock valued at $7,068,777,000 after acquiring an additional 48,923,629 shares in the last quarter. Norges Bank bought a new position in PepsiCo in the fourth quarter worth approximately $3,018,813,000. Bank of America Corp DE purchased a new position in PepsiCo during the 2nd quarter worth $2,755,509,000. Legal & General Group Plc bought a new stake in PepsiCo during the 2nd quarter valued at $1,200,274,000. Finally, Corient Private Wealth LP purchased a new stake in shares of PepsiCo in the 2nd quarter worth $297,116,000. Hedge funds and other institutional investors own 73.07% of the company's stock.

Insider Activity

In other news, EVP David Flavell sold 2,900 shares of the company's 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 transaction, the executive vice president owned 74,825 shares in the company, valued at $10,441,080.50. This represents a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.12% of the stock is currently owned by company insiders.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo plans to build a Frito-Lay distribution warehouse near California’s Sonoma County airport. The facility could expand regional distribution capacity and support future sales growth. PepsiCo plans Frito-Lay distribution warehouse near Sonoma County airport
• Positive Sentiment: Publicis Groupe won PepsiCo’s global media account from Omnicom. The change may help PepsiCo modernize marketing, improve digital capabilities and respond more effectively to changing consumer preferences. PepsiCo hands global media to Publicis amid transformation at CPG giant
• Positive Sentiment: Analysts and financial commentators see potential for a longer-term recovery, citing international momentum, a large buyback program and a portfolio overhaul. The thesis is more relevant to future valuation than to near-term earnings. Prediction: Pepsi Stock Could Surprise Wall Street in 2027
• Neutral Sentiment: PepsiCo’s dividend remains a major attraction for income investors, although reaching $25,000 in annual dividends would require a substantial investment and many shares. How many shares of PepsiCo are needed for $25,000 in yearly dividends
• Neutral Sentiment: Recent coverage compares PepsiCo with Coca-Cola as defensive consumer-staples investments. The comparison highlights PEP’s dividend history and business resilience but does not provide a clear new catalyst. PepsiCo versus Coca-Cola
• Negative Sentiment: Reports point to damage at a Ukrainian production facility and softer North American demand, raising concerns about near-term sales, costs and execution. PepsiCo faces Ukraine damage and soft demand
• Negative Sentiment: PepsiCo is emphasizing fresh-food innovation as consumers move away from processed snacks, signaling a need for investment and potential portfolio-transition risk. The global media-account switch may also create near-term execution costs. PepsiCo puts fresh foods in focus

PepsiCo Stock Performance

Shares of PepsiCo stock opened at $137.63 on Friday. The company has a market capitalization of $187.85 billion, a PE ratio of 18.04, a P/E/G ratio of 2.90 and a beta of 0.35. The company has a 50-day simple moving average of $139.70 and a two-hundred day simple moving average of $148.55. PepsiCo, Inc. has a one year low of $133.73 and a one year high of $171.48. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.74 and a current ratio of 0.93.

PepsiCo (NASDAQ:PEP - Get Free Report) last released its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, beating analysts' consensus estimates of $2.19 by $0.01. The business had revenue of $24.18 billion for the quarter, compared to analysts' expectations of $23.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The company's revenue was up 6.4% compared to the same quarter last year. During the same period last year, the business earned $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Research analysts expect that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th will be paid a dividend of $1.48 per share. The ex-dividend date is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.3%. PepsiCo's payout ratio is presently 77.59%.

Analyst Ratings Changes

PEP has been the topic of several research reports. BNP Paribas Exane cut their price target on PepsiCo from $195.00 to $183.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 8th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of PepsiCo in a research note on Monday, July 6th. Sanford C. Bernstein set a $134.00 target price on shares of PepsiCo in a report on Friday, July 10th. Jefferies Financial Group reduced their price target on shares of PepsiCo from $162.00 to $152.00 and set a "hold" rating for the company in a report on Friday, July 10th. Finally, Bank of America lowered their price target on shares of PepsiCo from $173.00 to $164.00 and set a "neutral" rating for the company in a research report on Thursday, June 25th. Seven equities 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 company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target 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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