NewEdge Advisors LLC Has $35.71 Million Stake in PepsiCo, Inc. $PEP

Key Points

• NewEdge Advisors reduced its PepsiCo stake by 9.9% in the first quarter, selling 25,318 shares and retaining 229,954 shares valued at $35.71 million. Institutional investors collectively own 73.07% of PEP.
• PepsiCo exceeded quarterly expectations, reporting $2.20 in EPS and $24.18 billion in revenue, with revenue up 6.4% year over year. The company maintained fiscal 2026 EPS guidance of $8.55–$8.71.
• PepsiCo declared a quarterly dividend of $1.48, equivalent to an annualized $5.92 and a 4.3% yield. Analysts have generally turned more cautious, with a consensus “Hold” rating and a $157.90 price target after several firms lowered their targets.

NewEdge Advisors LLC reduced its stake in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 9.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 229,954 shares of the company's stock after selling 25,318 shares during the quarter. NewEdge Advisors LLC's holdings in PepsiCo were worth $35,710,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of PEP. First Nebraska Trust Co bought a new position in shares of PepsiCo during the first quarter worth $10,782,000. Foguth Wealth Management LLC. increased its position in shares of PepsiCo by 7.5% in the 1st quarter. Foguth Wealth Management LLC. now owns 1,999 shares of the company's stock valued at $288,000 after buying an additional 140 shares in the last quarter. Financial Solutions Advisory Group Inc. acquired a new stake in PepsiCo during the 1st quarter worth $627,000. Mullaney Keating & Wright Inc. bought a new position in PepsiCo during the first quarter worth about $237,000. Finally, Ipsen Advisor Group LLC grew its stake in PepsiCo by 2.2% in the first quarter. Ipsen Advisor Group LLC now owns 7,981 shares of the company's stock valued at $1,239,000 after acquiring an additional 169 shares during the period. 73.07% of the stock is owned by institutional investors.

PepsiCo Stock Down 0.2%

PEP stock opened at $138.44 on Friday. 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 stock has a market capitalization of $188.96 billion, a P/E ratio of 18.14, a P/E/G ratio of 3.05 and a beta of 0.35. 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 $140.58 and a 200-day moving average of $150.89.

PepsiCo (NASDAQ:PEP - Get Free Report) last announced its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 last year, the firm earned $0.92 EPS. PepsiCo'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. On average, sell-side analysts anticipate that PepsiCo, Inc. will post 8.57 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

The firm 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 $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, September 4th. PepsiCo's payout ratio is currently 77.59%.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s targeted price-pack strategy is reportedly helping revive U.S. salty-snack volumes. Sustained volume improvement could support revenue and earnings growth through late 2026 and into 2027. Can PepsiCo’s Price-Pack Strategy Successfully Boost Volumes in 2026?
• Positive Sentiment: PepsiCo is launching Alvalle refrigerated gazpacho in the United States, expanding beyond traditional snacks and beverages into fresh, meal-adjacent foods. The move provides a potential source of category and distribution growth, though its near-term financial impact is likely limited. PepsiCo launches Alvalle gazpacho in the U.S.
• Positive Sentiment: Commentary highlights PEP’s dividend yield above 4% and relatively modest valuation as potential support for income-oriented investors, particularly following its recent earnings acceleration. This Dividend King Yields Over 4% and Trades Near Its 52-Week Lows

Analysts Set New Price Targets

A number of research firms have recently commented on PEP. Bank of America dropped their price target on PepsiCo from $173.00 to $164.00 and set a "neutral" rating on the stock in a research report on Thursday, June 25th. Citigroup lowered PepsiCo from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $170.00 to $145.00 in a research report on Friday, July 10th. Jefferies Financial Group lowered their target price on PepsiCo from $162.00 to $152.00 and set a "hold" rating for the company in a research note on Friday, July 10th. Deutsche Bank Aktiengesellschaft set a $155.00 target price on shares of PepsiCo in a report on Friday, July 10th. Finally, Rothschild & Co Redburn upped their price target on shares of PepsiCo from $130.00 to $132.00 in a report on Monday, May 11th. Seven investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $157.90.

Insider Buying and Selling

In related news, EVP David Flavell sold 2,900 shares of the firm's stock in a transaction on Monday, July 27th. The shares were sold at an average price of $139.54, for a total value of $404,666.00. Following the completion of the transaction, the executive vice president owned 74,825 shares of the company's stock, valued at approximately $10,441,080.50. This trade represents a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 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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