PepsiCo, Inc. $PEP Shares Sold by Avior Wealth Management LLC

Key Points

• Avior Wealth Management cut its PepsiCo stake by 65.1% in the second quarter, selling 10,668 shares and retaining 5,717 shares valued at approximately $774,000. Institutional investors and hedge funds collectively own 73.07% of PEP.
• PepsiCo exceeded quarterly expectations with $2.20 EPS and $24.18 billion in revenue, while revenue rose 6.4% year over year. The company reaffirmed fiscal 2026 EPS guidance of $8.55–$8.71 and declared a $1.48 quarterly dividend, representing a 4.3% yield.
• PEP shares opened at $139.02, near the lower end of their 52-week range, and analysts maintain a consensus “Hold” rating with a $157.90 target price. Concerns include weaker U.S. sales, elevated dividend payout levels and recent analyst target-price reductions.

Avior Wealth Management LLC lowered its position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 65.1% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 5,717 shares of the company's stock after selling 10,668 shares during the quarter. Avior Wealth Management LLC's holdings in PepsiCo were worth $774,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of PEP. Evergreen Advisors LLC purchased a new position in shares of PepsiCo during the first quarter worth $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in PepsiCo in the fourth quarter valued at $26,000. Swiss RE Ltd. acquired a new stake in PepsiCo during the 4th quarter worth about $28,000. Networth Advisors LLC raised its stake in shares of PepsiCo by 2,857.1% during the 1st quarter. Networth Advisors LLC now owns 207 shares of the company's stock valued at $32,000 after buying an additional 200 shares during the last quarter. Finally, Vermillion Wealth Management Inc. lifted its holdings in shares of PepsiCo by 99.1% in the 1st quarter. Vermillion Wealth Management Inc. now owns 217 shares of the company's stock valued at $34,000 after buying an additional 108 shares during the period. 73.07% of the stock is owned by institutional investors and hedge funds.

PepsiCo Price Performance

PepsiCo stock opened at $139.02 on Friday. The stock has a market capitalization of $189.75 billion, a P/E ratio of 18.22, a P/E/G ratio of 3.04 and a beta of 0.35. The company's fifty day moving average price is $140.48 and its 200 day moving average price is $150.80. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.74 and a current ratio of 0.93. PepsiCo, Inc. has a 1 year low of $133.73 and a 1 year high of $171.48.

PepsiCo (NASDAQ:PEP - Get Free Report) last released its earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, topping analysts' consensus estimates of $2.19 by $0.01. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The business had revenue of $24.18 billion during the quarter, compared to analysts' expectations of $23.95 billion. During the same quarter in the previous year, the company earned $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. As a group, equities 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 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. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.3%. PepsiCo's payout ratio is currently 77.59%.

PepsiCo News Summary

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

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on PEP. Citigroup downgraded PepsiCo from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $170.00 to $145.00 in a research note on Friday, July 10th. Sanford C. Bernstein set a $134.00 price target on PepsiCo in a report on Friday, July 10th. Bank of America lowered their price objective on PepsiCo from $173.00 to $164.00 and set a "neutral" rating on the stock in a research report on Thursday, June 25th. UBS Group set a $159.00 price objective on shares of PepsiCo in a research note on Thursday, July 9th. Finally, Deutsche Bank Aktiengesellschaft set a $155.00 target price on shares of PepsiCo in a research note on Friday, July 10th. Seven 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's stock. According to MarketBeat.com, PepsiCo has a consensus rating of "Hold" and a consensus target price of $157.90.

Insider Activity at PepsiCo

In related news, EVP David Flavell sold 2,900 shares of the stock in a transaction 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 directly owned 74,825 shares of the company's stock, valued at approximately $10,441,080.50. This represents a 3.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.12% of the company's stock.

PepsiCo Company 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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