Nissay Asset Management Corp Japan Grows Stock Position in PepsiCo, Inc. $PEP

Key Points

• Nissay Asset Management Japan increased its PepsiCo position by 5.8% in the second quarter, holding 408,353 shares valued at approximately $55.3 million. Institutional investors and hedge funds collectively own 73.07% of PEP.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and an average price target of $157.90; Citigroup downgraded the stock to “neutral” and cut its target to $145.
• PepsiCo exceeded quarterly earnings and revenue expectations and declared a $1.48 quarterly dividend, equivalent to a $5.92 annualized payout and a 4.2% yield. Shares opened at $139.79, near their 12-month low.

Nissay Asset Management Corp Japan raised its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 5.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 408,353 shares of the company's stock after acquiring an additional 22,560 shares during the quarter. Nissay Asset Management Corp Japan's holdings in PepsiCo were worth $55,291,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of PEP. Evergreen Advisors LLC purchased a new stake in PepsiCo in the 1st quarter valued at approximately $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in PepsiCo during the 4th quarter worth about $26,000. Swiss RE Ltd. acquired a new position in PepsiCo in the 4th quarter valued at about $28,000. Atlatl Advisers LLC purchased a new position in PepsiCo in the 2nd quarter valued at about $31,000. Finally, Osterweis Capital Management Inc. acquired a new stake in shares of PepsiCo during the 2nd quarter worth about $31,000. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at PepsiCo

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 transaction of $404,666.00. Following the completion of the sale, the executive vice president directly 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.12% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Weiss Ratings reissued a "hold (c)" rating on shares of PepsiCo in a research note on Monday, July 6th. Deutsche Bank Aktiengesellschaft set a $155.00 price target on PepsiCo in a report on Friday, July 10th. Barclays increased their price target on PepsiCo from $138.00 to $142.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 21st. Citigroup downgraded PepsiCo from a "buy" rating to a "neutral" rating and lowered their price objective for the company from $170.00 to $145.00 in a research report on Friday, July 10th. Finally, Sanford C. Bernstein set a $134.00 target price on PepsiCo in a research report on Friday, July 10th. Seven research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $157.90.

PepsiCo Trading Down 0.4%

Shares of PEP opened at $139.79 on Wednesday. PepsiCo, Inc. has a 12 month low of $133.73 and a 12 month high of $171.48. The stock's 50-day moving average is $139.80 and its two-hundred day moving average is $149.00. 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 cap of $190.80 billion, a PE ratio of 18.32, a P/E/G ratio of 3.08 and a beta of 0.35.

PepsiCo (NASDAQ:PEP - Get Free Report) last announced its earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, beating the consensus estimate of $2.19 by $0.01. The business 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 company's revenue was up 6.4% on a year-over-year basis. During the same period last year, the business posted $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Equities analysts forecast that PepsiCo, Inc. will post 8.57 earnings per share for the current fiscal year.

PepsiCo Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th will be paid a $1.48 dividend. The ex-dividend date is Friday, September 4th. This represents a $5.92 annualized dividend and a dividend yield of 4.2%. PepsiCo's dividend payout ratio is 77.59%.

Key PepsiCo News

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 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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