Patrick Mauro Investment Advisor INC. Invests $3.81 Million in PepsiCo, Inc. $PEP

Key Points

• Patrick Mauro Investment Advisor acquired 28,112 PepsiCo shares worth approximately $3.81 million, making PEP 1.9% of its portfolio. Institutional investors collectively own 73.07% of the company.
• Analysts maintain a consensus “Hold” rating, with an average price target of $157.90. PepsiCo recently exceeded quarterly earnings and revenue estimates, while shares traded near $142.27.
• PepsiCo offers a quarterly dividend of $1.48 per share, equivalent to a 4.2% annualized yield. Investors are also watching the company’s international growth, logistics-automation initiatives and upcoming third-quarter results on October 8.

Patrick Mauro Investment Advisor INC. bought a new stake in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 28,112 shares of the company's stock, valued at approximately $3,806,000. PepsiCo makes up 1.9% of Patrick Mauro Investment Advisor INC.'s portfolio, making the stock its 21st biggest position.

A number of other institutional investors have also recently added to or reduced their stakes in PEP. Swiss Life Asset Management Ltd lifted its position in PepsiCo by 11.4% during the 4th quarter. Swiss Life Asset Management Ltd now owns 415,271 shares of the company's stock worth $59,600,000 after acquiring an additional 42,335 shares in the last quarter. National Pension Service grew its position in PepsiCo by 2.5% in the fourth quarter. National Pension Service now owns 3,143,939 shares of the company's stock valued at $451,218,000 after acquiring an additional 77,051 shares in the last quarter. Allstate Corp raised its stake in shares of PepsiCo by 108.1% during the fourth quarter. Allstate Corp now owns 104,723 shares of the company's stock valued at $15,030,000 after purchasing an additional 54,405 shares during the period. First Nebraska Trust Co acquired a new position in shares of PepsiCo during the first quarter worth $10,782,000. Finally, Knights of Columbus Asset Advisors LLC boosted its stake in shares of PepsiCo by 90.0% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 94,652 shares of the company's stock valued at $13,584,000 after purchasing an additional 44,824 shares during the period. 73.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

PEP has been the topic of several analyst reports. Citigroup downgraded shares of PepsiCo from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $170.00 to $145.00 in a research note on Friday, July 10th. Deutsche Bank Aktiengesellschaft set a $155.00 target price on PepsiCo in a research note on Friday, July 10th. TD Cowen cut their price target on PepsiCo from $150.00 to $145.00 and set a "hold" rating on the stock in a research note on Friday, July 10th. Barclays increased their price target on PepsiCo from $138.00 to $142.00 and gave the company an "equal weight" rating in a report on Tuesday, July 21st. Finally, Evercore set a $150.00 price objective on PepsiCo in a research note on Thursday, July 9th. Seven equities 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. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $157.90.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s international business is approaching $40 billion in revenue, with overseas volume growth, market-share gains and investment increasingly supporting the company’s long-term diversification. Is PepsiCo's Growth Story Becoming More Internationally Focused?
• Positive Sentiment: Autonomous-truck startup Gatik raised $200 million shortly after signing a multiyear commercial agreement with PepsiCo. The financing provides some external validation for PepsiCo’s logistics-automation initiative, although the direct earnings impact remains uncertain. Gatik Raises $200M Following PepsiCo Deal
• Neutral Sentiment: PepsiCo will release third-quarter 2026 results on October 8. The report will be an important catalyst for investors assessing demand, pricing, margins and the company’s reaffirmed full-year outlook. PepsiCo Announces Third-Quarter 2026 Results Timing
• Neutral Sentiment: Analysts maintain a consensus “Hold” recommendation, suggesting limited conviction that PepsiCo’s current valuation offers a clear near-term catalyst. PepsiCo Receives Consensus Hold Recommendation
• Negative Sentiment: Comparisons with Coca-Cola point to stronger perceived brand power, margin performance and earnings momentum at Coca-Cola, potentially making PepsiCo appear less attractive within the beverage sector. Pepsi vs. Coke: One Stock Is Starting to Pull Ahead
• Negative Sentiment: Indian regulators reportedly placed PepsiCo among food companies facing scrutiny over advertising and labeling claims. Any enforcement or compliance costs could create reputational and financial risks, though the reports do not indicate a confirmed material penalty. Food Giants on FSSAI's Radar

PepsiCo Price Performance

Shares of PEP stock opened at $142.27 on Wednesday. The firm has a fifty day moving average of $139.91 and a two-hundred day moving average of $149.97. The firm has a market cap of $194.18 billion, a P/E ratio of 18.65, a P/E/G ratio of 3.18 and a beta of 0.35. PepsiCo, Inc. has a 1-year low of $133.73 and a 1-year high of $171.48. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.93 and a quick ratio of 0.74.

PepsiCo (NASDAQ:PEP - Get Free Report) last issued 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. The business had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The company's revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, research analysts anticipate 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. Shareholders of record on Friday, September 4th will be issued a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Friday, September 4th. PepsiCo's dividend payout ratio (DPR) is currently 77.59%.

Insider Activity at PepsiCo

In other news, EVP David Flavell sold 2,900 shares of PepsiCo stock in a transaction that occurred on Monday, July 27th. The stock was 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 in the company, valued at approximately $10,441,080.50. This trade represents a 3.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.12% of the company's stock.

About PepsiCo

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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