PepsiCo, Inc. $PEP Shares Acquired by Engineers Gate Manager LP

Engineers Gate Manager LP boosted its position in PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 182.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 158,902 shares of the company's stock after buying an additional 102,558 shares during the quarter. Engineers Gate Manager LP's holdings in PepsiCo were worth $21,515,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in PEP. Brighton Jones LLC lifted its holdings in PepsiCo by 12.4% in the fourth quarter. Brighton Jones LLC now owns 59,392 shares of the company's stock worth $9,031,000 after acquiring an additional 6,574 shares during the last quarter. Caxton Associates LLP acquired a new stake in shares of PepsiCo during the 1st quarter worth approximately $251,000. Sivia Capital Partners LLC lifted its holdings in shares of PepsiCo by 138.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company's stock worth $862,000 after purchasing an additional 3,790 shares during the last quarter. Schnieders Capital Management LLC. boosted its position in PepsiCo by 10.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company's stock valued at $5,039,000 after purchasing an additional 3,502 shares during the period. Finally, Sei Investments Co. grew its stake in PepsiCo by 45.5% during the 2nd quarter. Sei Investments Co. now owns 536,133 shares of the company's stock worth $70,789,000 after buying an additional 167,707 shares during the last quarter. Institutional investors and hedge funds own 73.07% of the company's stock.

PepsiCo Stock Down 1.3%

Shares of PEP stock opened at $136.69 on Thursday. 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 quick ratio of 0.74 and a current ratio of 0.93. The business's fifty day moving average is $139.65 and its 200-day moving average is $147.88. The stock has a market cap of $186.57 billion, a PE ratio of 17.91, a price-to-earnings-growth ratio of 2.92 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 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts' expectations of $23.95 billion. During the same quarter last year, the business posted $0.92 earnings per share. The company's quarterly revenue was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Equities analysts expect that PepsiCo, Inc. will post 8.57 earnings per share for the current fiscal year.

PepsiCo Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be issued 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 is Friday, September 4th. PepsiCo's payout ratio is presently 77.59%.

Insiders Place Their Bets

In other PepsiCo news, EVP David Flavell sold 2,900 shares of PepsiCo stock in a transaction that occurred 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 transaction, the executive vice president 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 transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.12% of the company's stock.

Analysts Set New Price Targets

PEP has been the subject of several analyst reports. Wells Fargo & Company reduced their price target on shares of PepsiCo from $150.00 to $140.00 and set an "equal weight" rating for the company in a report on Friday, July 10th. Morgan Stanley cut their price objective on shares of PepsiCo from $180.00 to $160.00 and set an "equal weight" rating on the stock in a research report on Friday, July 10th. JPMorgan Chase & Co. reduced their target price on shares of PepsiCo from $178.00 to $170.00 and set an "overweight" rating for the company in a research note on Wednesday, July 1st. BNP Paribas Exane dropped their price target 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, Jefferies Financial Group cut 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. Seven 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. According to MarketBeat.com, PepsiCo currently has an average rating of "Hold" and an average target price of $157.90.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is pursuing automation, cost reductions and higher marketing spending to accelerate growth. Management expects efficiency gains to help fund brand investment, while expanded advertising could support demand over time. PepsiCo’s plan to accelerate growth
• Positive Sentiment: PepsiCo secured a partnership with The Great Greek Mediterranean Grill as the restaurant chain’s official soft-drink provider and launched new signature lemonades and refreshers. The agreement offers incremental distribution and visibility for PepsiCo beverages. Great Greek partnership announcement
• Positive Sentiment: Analysts and income investors continue to point to PepsiCo’s roughly 4% dividend yield and decades-long record of annual increases. Its underperformance versus Coca-Cola is being framed by some commentators as a potential value opportunity, although this is opinion rather than a new company catalyst. Pepsi versus Coca-Cola dividend comparison
• Neutral Sentiment: PepsiCo’s $1.7 billion Publicis agreement is reshaping its global media and advertising operations. The deal could improve marketing coordination and efficiency, but its near-term financial benefits and execution costs remain uncertain. Pepsi and Publicis deal
• Negative Sentiment: Coverage of GLP-1 drugs and shifting diets indicates potential pressure on traditional salty snacks and sugary beverages. PepsiCo is responding by targeting a reported $271 billion fresh-food market and exploring new food categories, but the transition could require investment before producing meaningful growth. GLP-1 drugs and PepsiCo’s fresh-food strategy
• Negative Sentiment: Investors are also weighing PepsiCo’s muted long-term share performance against Coca-Cola’s stronger returns. The comparison reinforces concerns about slower growth, even though PepsiCo’s higher yield may attract income-focused investors. Coca-Cola versus PepsiCo dividend comparison

About PepsiCo

PepsiCo, Inc NASDAQ: PEP is a global food and beverage company headquartered in Purchase, New York. Its portfolio includes carbonated soft drinks, sports drinks, bottled water, juices, ready-to-drink beverages, snack foods and convenient foods. Major brands include Pepsi, Mountain Dew, Gatorade, Lay's, Doritos, Cheetos, Quaker and SodaStream.

The company sells products through a broad range of channels, including grocery stores, convenience stores, restaurants, food-service providers, vending operations and e-commerce platforms.

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