PepsiCo, Inc. $PEP Shares Acquired by Professional Advisory Services Inc.

Key Points

• Professional Advisory Services increased its PepsiCo position by 17% in the second quarter, holding 194,772 shares valued at $26.4 million. Institutional investors and hedge funds collectively own 73.07% of PEP.
• PepsiCo reported quarterly EPS of $2.20, slightly ahead of estimates, while revenue rose 6.4% year over year to $24.18 billion. The company reaffirmed fiscal 2026 EPS guidance of $8.55–$8.71.
• PepsiCo declared a quarterly dividend of $1.48, equivalent to a 4.3% annualized yield, but analysts remain cautious: the stock carries a consensus “Hold” rating and an average price target of $157.90 versus its $139.02 opening price.

Professional Advisory Services Inc. raised its position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 17.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 194,772 shares of the company's stock after buying an additional 28,358 shares during the quarter. PepsiCo comprises 3.2% of Professional Advisory Services Inc.'s portfolio, making the stock its 14th largest position. Professional Advisory Services Inc.'s holdings in PepsiCo were worth $26,372,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in PEP. Cypress Capital Management LLC WY boosted its position in PepsiCo by 8.3% during the 4th quarter. Cypress Capital Management LLC WY now owns 838 shares of the company's stock valued at $121,000 after buying an additional 64 shares during the period. United Bank raised its stake in shares of PepsiCo by 3.9% during the fourth quarter. United Bank now owns 1,717 shares of the company's stock valued at $246,000 after acquiring an additional 65 shares during the last quarter. Onyx Bridge Wealth Group LLC boosted its holdings in shares of PepsiCo by 2.5% during the first quarter. Onyx Bridge Wealth Group LLC now owns 2,673 shares of the company's stock worth $415,000 after purchasing an additional 66 shares during the period. Wilkerson Advisory Group LLC grew its stake in shares of PepsiCo by 3.3% in 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 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 Price Performance

Shares of NASDAQ PEP opened at $139.02 on Friday. The firm has a market cap of $189.75 billion, a P/E ratio of 18.22, a PEG ratio of 3.04 and a beta of 0.35. 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 twelve month low of $133.73 and a twelve month high of $171.48. The company has a 50 day moving average of $140.48 and a 200 day moving average of $150.80.

PepsiCo (NASDAQ:PEP - Get Free Report) last released its quarterly earnings data on Thursday, July 9th. The company reported $2.20 EPS 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 analysts' expectations of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.PepsiCo's revenue was up 6.4% compared to the same quarter last year. During the same period last year, the firm posted $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, research analysts expect that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th will be paid 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 dividend payout ratio (DPR) is 77.59%.

Insider Transactions at PepsiCo

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the business's stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $139.54, for a total transaction of $404,666.00. Following the completion of the sale, the executive vice president directly owned 74,825 shares in the company, valued at $10,441,080.50. The trade was a 3.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.12% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Evercore set a $150.00 price objective on shares of PepsiCo in a report on Thursday, July 9th. Weiss Ratings restated a "hold (c)" rating on shares of PepsiCo in a report on Monday, July 6th. Morgan Stanley reduced their target price on PepsiCo from $180.00 to $160.00 and set an "equal weight" rating on the stock in a report on Friday, July 10th. TD Cowen dropped their target price on shares of PepsiCo from $150.00 to $145.00 and set a "hold" rating on the stock in a report on Friday, July 10th. Finally, Bank of America decreased their price target on shares of PepsiCo from $173.00 to $164.00 and set a "neutral" rating for the company in a research note on Thursday, June 25th. Seven equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $157.90.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Valuation-focused analysis suggests PEP may be trading below its estimated intrinsic value based on discounted cash flow and traditional market multiples. The decline may have already lowered investor expectations, creating potential upside if execution improves. PepsiCo Stock Looks Reasonable As Shares Fell 16% In 3 Years
• Positive Sentiment: PepsiCo’s price-pack strategy is reportedly helping revive U.S. salty-snack volumes. Sustained volume improvement through late 2026 and into 2027 could support revenue growth and earnings momentum. Can PepsiCo's Price-Pack Strategy Successfully Boost Volumes in 2026?
• Positive Sentiment: Wall Street analysts remain moderately optimistic despite PEP’s underperformance versus the broader market. Its dividend yield above 4% and relatively modest valuation also make the shares appealing to income-oriented investors. Are Wall Street Analysts Predicting PepsiCo Stock Will Climb or Sink?
• Neutral Sentiment: PepsiCo is launching its Alvalle gazpacho brand in the United States, adding another product opportunity, although the near-term financial impact is likely limited. PepsiCo Launching Alvalle Gazpacho in U.S.
• Negative Sentiment: Commentary highlights PepsiCo’s weaker domestic sales and its lagging performance relative to Coca-Cola, reinforcing concerns that U.S. consumers may be resisting price increases or shifting spending. PepsiCo Lags Coca-Cola as Domestic Sales Stumble
• Negative Sentiment: PepsiCo’s dividend payout has approached 90% of free cash flow, raising questions about long-term dividend flexibility despite recent earnings acceleration. PepsiCo’s 90% Payout Ratio Looks Unsustainable
• Negative Sentiment: India’s food regulator will not extend the deadline for energy-drink labeling requirements affecting PepsiCo and other beverage makers, potentially increasing compliance costs or limiting marketing flexibility. FSSAI Won't Ease Energy Drink Label Deadline

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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