PepsiCo, Inc. $PEP Shares Acquired by Mission Wealth Management LP

Key Points

• Mission Wealth Management LP increased its PepsiCo stake by 241.7% in the second quarter, ending with 55,893 shares worth approximately $7.6 million. Institutional investors collectively own 73.07% of PEP.
• Analysts maintain a cautious outlook, with PepsiCo receiving a consensus “Hold” rating and an average price target of $157.90. Recent target changes were mixed, including reductions from Bank of America, JPMorgan and BNP Paribas Exane.
• PepsiCo exceeded quarterly expectations with $2.20 in earnings per share and $24.18 billion in revenue, up 6.4% year over year. The company also declared a quarterly dividend of $1.48 per share, representing a 4.3% annualized yield.

Mission Wealth Management LP increased its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 241.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 55,893 shares of the company's stock after purchasing an additional 39,535 shares during the quarter. Mission Wealth Management LP's holdings in PepsiCo were worth $7,568,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC increased its position in shares of PepsiCo by 12.4% during the fourth quarter. Brighton Jones LLC now owns 59,392 shares of the company's stock valued at $9,031,000 after acquiring an additional 6,574 shares during the last quarter. Caxton Associates LLP acquired a new position in shares of PepsiCo in the 1st quarter worth approximately $251,000. Sivia Capital Partners LLC boosted its position in shares of PepsiCo by 138.5% during 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 period. Schnieders Capital Management LLC. increased its holdings in PepsiCo by 10.1% in 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 last quarter. Finally, Sei Investments Co. raised its position in PepsiCo by 45.5% in the second quarter. Sei Investments Co. now owns 536,133 shares of the company's stock valued at $70,789,000 after purchasing an additional 167,707 shares during the period. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the firm's stock in a transaction that occurred 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 sale, the executive vice president 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.12% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently commented on PEP shares. Barclays raised their price target on PepsiCo from $138.00 to $142.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 21st. Sanford C. Bernstein set a $134.00 target price on PepsiCo in a research note on Friday, July 10th. Bank of America dropped their target price on PepsiCo from $173.00 to $164.00 and set a "neutral" rating for the company in a research report on Thursday, June 25th. JPMorgan Chase & Co. cut their price target on shares of PepsiCo from $178.00 to $170.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 1st. Finally, BNP Paribas Exane lowered their price objective on shares of PepsiCo from $195.00 to $183.00 and set an "outperform" rating for the company in a research note on Wednesday, July 8th. Seven equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, PepsiCo currently has a consensus rating of "Hold" and a consensus price target of $157.90.

PepsiCo Stock Performance

Shares of PEP stock opened at $138.70 on Thursday. The company has a market cap of $189.31 billion, a P/E ratio of 18.18, a PEG ratio of 3.04 and a beta of 0.35. The firm has a fifty day moving average price of $140.26 and a 200 day moving average price of $150.67. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91. PepsiCo, Inc. has a 12 month low of $133.73 and a 12 month high of $171.48.

PepsiCo (NASDAQ:PEP - Get Free Report) last posted its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, beating analysts' consensus estimates of $2.19 by $0.01. The company had revenue of $24.18 billion for the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same period last year, the firm earned $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Sell-side analysts predict 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 paid a dividend of $1.48 per share. The ex-dividend date is Friday, September 4th. This represents a $5.92 annualized dividend and a yield of 4.3%. PepsiCo's payout ratio is presently 77.59%.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is expanding beyond traditional snacks and beverages with the U.S. launch of Alvalle refrigerated gazpacho. The move targets growing demand for fresh, convenient, ingredient-focused meals and could diversify future revenue. The company also signed a multiyear beverage partnership with the Tampa Bay Buccaneers, adding a high-profile marketing channel. PepsiCo Enters Fresh Meals With Its US Alvalle Gazpacho Launch
• Positive Sentiment: Analysts and investors are highlighting PEP’s relatively low valuation, defensive brand portfolio and attractive dividend yield. Supporters argue that the stock’s depressed price could offer income-oriented investors upside if growth improves in the second half of 2026. PepsiCo Stock Has Stalled
• Positive Sentiment: PepsiCo is using digital twins, Siemens software and Nvidia’s Omniverse platform to simulate factory expansions before committing to physical construction. The technology could reduce capital-spending mistakes, improve plant efficiency and support margins over time. PepsiCo Tests Its Factories in Software Before Steel
• Neutral Sentiment: PepsiCo’s latest reported quarter exceeded expectations, with earnings of $2.20 per share and revenue of $24.18 billion, while revenue increased 6.4% year over year. Management’s fiscal 2026 earnings guidance provides a baseline for investors, but the stock’s near-term performance depends on whether growth and margins accelerate.
• Negative Sentiment: Higher gasoline prices may pressure household budgets, potentially reducing demand for discretionary snacks, beverages and convenience products. This adds to concerns about softer volumes and cautious consumers in North America. Why Is PepsiCo in Focus as Gasoline Prices Pressure Consumers?
• Negative Sentiment: Recent comparisons with Coca-Cola suggest PepsiCo faces a weaker near-term operating outlook, including weak North American demand, softer volumes, rising costs and margin pressure. These challenges explain why investors remain cautious despite PEP’s strong global brands. Coca-Cola vs. PepsiCo Stock After Q2 Earnings

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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