Oakmont Investment Advisors Inc. Acquires Shares of 17,470 PepsiCo, Inc. $PEP

Key Points

• Oakmont Investment Advisors acquired 17,470 PepsiCo shares valued at approximately $2.37 million, making PEP a 1.7% holding and its 15th-largest position.
• Institutional investors own 73.07% of PepsiCo, while EVP David Flavell sold 2,900 shares for about $404,666; insiders retain only 0.12% ownership.
• PepsiCo’s shares opened at $137.63, and analysts maintain a consensus “Hold” rating with an average $157.90 price target. The company declared a quarterly dividend of $1.48, or $5.92 annually, yielding about 4.3%.

Oakmont Investment Advisors Inc. acquired a new stake in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 17,470 shares of the company's stock, valued at approximately $2,365,000. PepsiCo comprises 1.7% of Oakmont Investment Advisors Inc.'s holdings, making the stock its 15th largest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PEP. Munich Reinsurance Co Stock Corp in Munich purchased a new position in PepsiCo during the second quarter valued at $115,000. MOR Wealth Management LLC lifted its stake in PepsiCo by 24.3% in the 2nd quarter. MOR Wealth Management LLC now owns 1,670 shares of the company's stock worth $226,000 after purchasing an additional 326 shares in the last quarter. Baypointe Partners LLC purchased a new position in shares of PepsiCo during the second quarter valued at about $1,354,000. Tudor Financial Inc. increased its holdings in shares of PepsiCo by 81.6% in the second quarter. Tudor Financial Inc. now owns 6,769 shares of the company's stock worth $917,000 after purchasing an additional 3,042 shares during the last quarter. Finally, Rogco LP lifted its position in shares of PepsiCo by 1.9% in the second quarter. Rogco LP now owns 11,744 shares of the company's stock worth $1,590,000 after buying an additional 218 shares in the last quarter. Institutional investors own 73.07% of the company's stock.

Insider Activity

In related news, EVP David Flavell sold 2,900 shares of PepsiCo 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 completion of the transaction, the executive vice president directly owned 74,825 shares of the company's stock, valued at approximately $10,441,080.50. The trade was a 3.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company 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 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

Wall Street Analyst Weigh In

Several research firms have weighed in on PEP. Jefferies Financial Group cut their price target on PepsiCo from $162.00 to $152.00 and set a "hold" rating for the company in a report on Friday, July 10th. BNP Paribas Exane lowered their target price on PepsiCo from $195.00 to $183.00 and set an "outperform" rating for the company in a research report on Wednesday, July 8th. UBS Group set a $159.00 target price on shares of PepsiCo in a report on Thursday, July 9th. Piper Sandler set a $176.00 price target on shares of PepsiCo in a research report on Thursday, July 9th. Finally, Deutsche Bank Aktiengesellschaft set a $155.00 price objective on shares of 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 given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $157.90.

PepsiCo Price Performance

Shares of PepsiCo stock opened at $137.63 on Friday. The stock has a market cap of $187.85 billion, a price-to-earnings ratio of 18.04, a price-to-earnings-growth ratio of 2.95 and a beta of 0.35. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.74 and a current ratio of 0.93. The stock has a 50 day moving average price of $139.70 and a 200-day moving average price of $148.55. PepsiCo, Inc. has a one year low of $133.73 and a one year high of $171.48.

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 the consensus estimate of $2.19 by $0.01. The company 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%.PepsiCo's quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Equities analysts expect that PepsiCo, Inc. will post 8.57 EPS for the current 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 issued a $1.48 dividend. This represents a $5.92 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Friday, September 4th. PepsiCo's dividend payout ratio (DPR) is 77.59%.

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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