Shepherd Financial Partners LLC Acquires Shares of 8,441 PepsiCo, Inc. $PEP

Shepherd Financial Partners LLC bought a new position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 8,441 shares of the company's stock, valued at approximately $1,143,000.

Other hedge funds have also added to or reduced their stakes in the company. Johnson Financial Group Inc. acquired a new stake in PepsiCo in the second quarter worth about $3,225,000. Tocqueville Asset Management L.P. acquired a new position in PepsiCo during the 2nd quarter valued at about $9,358,000. Kelman Lazarov Inc. acquired a new stake in shares of PepsiCo during the 2nd quarter worth approximately $411,000. one8zero8 LLC bought a new stake in shares of PepsiCo during the second quarter worth approximately $4,207,000. Finally, Kentucky Farm Bureau Mutual Insurance Co bought a new stake in shares of PepsiCo during the second quarter worth approximately $2,031,000. 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 the business's stock in a transaction that occurred 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 in the company, valued at approximately $10,441,080.50. The trade was a 3.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.12% of the stock is currently owned by corporate insiders.

PepsiCo Trading Down 0.1%

PEP opened at $142.19 on Thursday. The firm's fifty day moving average is $139.92 and its two-hundred day moving average is $149.79. The firm has a market cap of $194.07 billion, a PE ratio of 18.64, a price-to-earnings-growth ratio of 3.12 and a beta of 0.35. PepsiCo, Inc. has a twelve month low of $133.73 and a twelve month 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.

PepsiCo (NASDAQ:PEP - Get Free Report) last announced its quarterly 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 net margin of 10.78% and a return on equity of 54.63%. The firm's revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Equities research analysts anticipate that PepsiCo, Inc. will post 8.57 EPS for the current year.

PepsiCo Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be issued a $1.48 dividend. This represents a $5.92 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Friday, September 4th. PepsiCo's dividend payout ratio is 77.59%.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is expanding its multi-year partnership with autonomous-truck startup Gatik, deploying 41 self-driving trucks on Frito-Lay distribution routes. The technology could eventually reduce middle-mile transportation costs, improve delivery consistency and support supply-chain efficiency. Gatik’s subsequent $200 million funding round also provides additional capital for executing the rollout. PepsiCo Is Putting 41 Self Driving Trucks On Frito Lay Routes
• Positive Sentiment: PepsiCo’s latest reported quarter included a modest earnings beat and 6.4% year-over-year revenue growth. Management’s 2026 earnings guidance remains intact, suggesting the company has not yet signaled a deterioration in its full-year outlook.
• Neutral Sentiment: PepsiCo will release third-quarter 2026 results on October 8. The announcement itself does not change fundamentals, but it gives investors a near-term catalyst to assess demand, pricing, margins and the company’s international growth strategy. PepsiCo Announces Timing and Availability of Third-Quarter 2026 Financial Results
• Neutral Sentiment: Reports that PepsiCo is ending employee coverage for weight-loss drugs could lower benefit expenses, but the move may also affect employee satisfaction and retention. The financial impact is unclear.
• Negative Sentiment: Recent Coca-Cola-versus-Pepsi comparisons say Coca-Cola is pulling ahead on brand strength, margins, earnings growth and U.S. execution. PepsiCo’s diversified snacks portfolio and international gains remain positives, but investors are increasingly focused on its weaker home-market performance and the risk that competitors are capturing more consumer spending. Coca-Cola vs. Pepsi: The Gap Is Getting Bigger

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on PEP. Piper Sandler set a $176.00 price objective on shares of PepsiCo in a research note on Thursday, July 9th. JPMorgan Chase & Co. cut their price target on PepsiCo from $178.00 to $170.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 1st. Weiss Ratings restated a "hold (c)" rating on shares of PepsiCo in a research report on Monday, July 6th. Deutsche Bank Aktiengesellschaft set a $155.00 price objective on PepsiCo in a report on Friday, July 10th. Finally, UBS Group set a $159.00 target price on PepsiCo in a research note on Thursday, July 9th. Seven research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, PepsiCo presently has a consensus rating of "Hold" and an average target price of $157.90.

About PepsiCo

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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