Russell Investments Group Ltd. Has $258.48 Million Stock Position in PepsiCo, Inc. $PEP

Key Points

• Russell Investments reduced its PepsiCo stake by 3.6% in the second quarter, selling 70,888 shares and retaining 1.90 million shares valued at approximately $258.5 million. Institutional investors collectively own 73.07% of PepsiCo.
• PepsiCo reported quarterly EPS of $2.20, slightly above 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 per share, implying a $5.92 annualized payout and a 4.1% yield. Analysts’ consensus rating remains “Hold,” with an average price target of $157.90.

Russell Investments Group Ltd. lessened its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 3.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,898,888 shares of the company's stock after selling 70,888 shares during the period. Russell Investments Group Ltd. owned 0.14% of PepsiCo worth $258,480,000 as of its most recent filing with the SEC.

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

Insider Activity at PepsiCo

In related 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 sale, the executive vice president owned 74,825 shares of the company's stock, valued at approximately $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 can be accessed through this hyperlink. Company insiders own 0.12% of the company's stock.

PepsiCo Stock Up 1.0%

PEP opened at $143.48 on Friday. PepsiCo, Inc. has a fifty-two week low of $133.73 and a fifty-two week high of $171.48. The company's 50-day moving average is $140.02 and its 200 day moving average is $150.30. The firm has a market capitalization of $195.83 billion, a P/E ratio of 18.80, a PEG ratio of 3.15 and a beta of 0.35. 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 released its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.19 by $0.01. The company had revenue of $24.18 billion during the quarter, compared to analyst estimates 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 in the prior year, the company posted $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Research analysts expect that PepsiCo, Inc. will post 8.57 earnings per share for the current fiscal year.

PepsiCo Announces Dividend

The business 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 dividend of $1.48 per share. The ex-dividend date is Friday, September 4th. This represents a $5.92 annualized dividend and a dividend yield of 4.1%. PepsiCo's dividend payout ratio (DPR) is presently 77.59%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Barclays lifted their target price on shares of PepsiCo from $138.00 to $142.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 21st. Jefferies Financial Group decreased their price target on PepsiCo from $162.00 to $152.00 and set a "hold" rating for the company in a report on Friday, July 10th. Citigroup lowered PepsiCo from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $170.00 to $145.00 in a research report on Friday, July 10th. TD Cowen dropped their price objective on PepsiCo from $150.00 to $145.00 and set a "hold" rating on the stock in a research note on Friday, July 10th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of PepsiCo in a research note on Monday, July 6th. Seven research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $157.90.

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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