North Star Asset Management Inc. bought a new stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 56,103 shares of the company's stock, valued at approximately $7,596,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cypress Capital Management LLC WY increased its stake in shares of PepsiCo by 8.3% during the 4th quarter. Cypress Capital Management LLC WY now owns 838 shares of the company's stock worth $121,000 after purchasing an additional 64 shares during the last quarter. United Bank lifted its stake in PepsiCo by 3.9% during the fourth quarter. United Bank now owns 1,717 shares of the company's stock worth $246,000 after purchasing an additional 65 shares during the last quarter. Onyx Bridge Wealth Group LLC boosted its stake in shares of PepsiCo by 2.5% in the 1st quarter. Onyx Bridge Wealth Group LLC now owns 2,673 shares of the company's stock valued at $415,000 after purchasing an additional 66 shares in the last quarter. Wilkerson Advisory Group LLC grew its holdings in shares of PepsiCo by 3.3% during the first quarter. Wilkerson Advisory Group LLC now owns 2,040 shares of the company's stock worth $317,000 after purchasing an additional 66 shares during the last quarter. Finally, Richards Merrill & Peterson Inc. lifted its stake in shares of PepsiCo by 3.6% in the first quarter. Richards Merrill & Peterson Inc. now owns 1,938 shares of the company's stock worth $301,000 after acquiring an additional 67 shares during the period. Institutional investors and hedge funds own 73.07% of the company's stock.
PepsiCo News Roundup
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
Insiders Place Their Bets
In related 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 value of $404,666.00. Following the completion of the transaction, the executive vice president directly owned 74,825 shares in the company, valued at approximately $10,441,080.50. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.12% of the stock is owned by corporate insiders.
PepsiCo Price Performance
PepsiCo stock opened at $139.79 on Wednesday. The firm has a market capitalization of $190.80 billion, a price-to-earnings ratio of 18.32, a PEG ratio of 3.08 and a beta of 0.35. The company has a fifty day simple moving average of $139.80 and a 200-day simple moving average of $149.00. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. PepsiCo, Inc. has a 52-week low of $133.73 and a 52-week high of $171.48.
PepsiCo (NASDAQ:PEP - Get Free Report) last issued its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.01. The business had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The business's quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the company earned $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, equities analysts anticipate that PepsiCo, Inc. will post 8.57 EPS 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 given a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, September 4th. PepsiCo's dividend payout ratio is presently 77.59%.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the company. Piper Sandler set a $176.00 price target on PepsiCo in a research report on Thursday, July 9th. Evercore set a $150.00 target price on PepsiCo in a research note on Thursday, July 9th. Jefferies Financial Group reduced their price target on PepsiCo from $162.00 to $152.00 and set a "hold" rating on the stock in a report 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 on the stock in a research note on Wednesday, July 8th. Finally, Citigroup lowered PepsiCo from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $170.00 to $145.00 in a research report on Friday, July 10th. Seven investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $157.90.
View Our Latest Analysis on PEP
PepsiCo Profile
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding PEP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PepsiCo, Inc. (NASDAQ:PEP - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider PepsiCo, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PepsiCo wasn't on the list.
While PepsiCo currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.
Get This Free Report
