Cohen Capital Management Inc. Grows Stake in PepsiCo, Inc. $PEP

Cohen Capital Management Inc. increased its position in PepsiCo, Inc. (NASDAQ:PEP) by 12.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 90,398 shares of the company’s stock after acquiring an additional 10,000 shares during the quarter. PepsiCo accounts for about 1.7% of Cohen Capital Management Inc.’s investment portfolio, making the stock its 19th biggest holding. Cohen Capital Management Inc.’s holdings in PepsiCo were worth $12,240,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Czech National Bank increased its holdings in PepsiCo by 4.5% during the second quarter. Czech National Bank now owns 389,035 shares of the company’s stock valued at $52,675,000 after buying an additional 16,834 shares during the last quarter. PensionDanmark Pensionsforsikringsaktieselskab lifted its stake in PepsiCo by 8.5% in the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 337,497 shares of the company’s stock worth $45,697,000 after purchasing an additional 26,532 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in PepsiCo by 952.6% during the 2nd quarter. Assenagon Asset Management S.A. now owns 3,715,812 shares of the company’s stock valued at $503,121,000 after buying an additional 3,362,794 shares in the last quarter. 55 North Private Wealth LLC increased its position in PepsiCo by 4.2% in the second quarter. 55 North Private Wealth LLC now owns 1,918 shares of the company’s stock worth $260,000 after purchasing an additional 78 shares during the last quarter. Finally, Byrne Asset Management LLC increased its holdings in shares of PepsiCo by 13.8% in the 2nd quarter. Byrne Asset Management LLC now owns 1,113 shares of the company’s stock worth $151,000 after buying an additional 135 shares during the last quarter. 73.07% of the stock is currently owned by institutional investors.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s targeted price-pack strategy is reportedly helping revive U.S. salty-snack volumes. Sustained volume improvement could support revenue and earnings growth through late 2026 and into 2027. Can PepsiCo’s Price-Pack Strategy Successfully Boost Volumes in 2026?
• Positive Sentiment: PepsiCo is launching Alvalle refrigerated gazpacho in the United States, expanding beyond traditional snacks and beverages into fresh, meal-adjacent foods. The move provides a potential source of category and distribution growth, though its near-term financial impact is likely limited. PepsiCo launches Alvalle gazpacho in the U.S.
• Positive Sentiment: Commentary highlights PEP’s dividend yield above 4% and relatively modest valuation as potential support for income-oriented investors, particularly following its recent earnings acceleration. This Dividend King Yields Over 4% and Trades Near Its 52-Week Lows

PepsiCo Stock Performance

Shares of PEP stock opened at $138.44 on Friday. The business’s 50 day moving average is $140.58 and its two-hundred day moving average is $150.89. PepsiCo, Inc. has a 12-month low of $133.73 and a 12-month high of $171.48. The company has a market capitalization of $188.96 billion, a P/E ratio of 18.14, a P/E/G ratio of 3.05 and a beta of 0.35. 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 (NASDAQ:PEP) last released its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.01. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The firm had revenue of $24.18 billion during the quarter, compared to the consensus estimate of $23.95 billion. During the same quarter in the prior year, the firm earned $0.92 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Analysts expect that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be paid a dividend of $1.48 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a yield of 4.3%. PepsiCo’s payout ratio is 77.59%.

Insider Activity

In related news, EVP David Flavell sold 2,900 shares of the firm’s stock in a transaction dated Monday, July 27th. The shares were 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 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 is accessible through this link. Corporate insiders own 0.12% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Piper Sandler set a $176.00 price target on PepsiCo in a research report on Thursday, July 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of PepsiCo in a report on Monday, July 6th. HSBC upped their target price on PepsiCo from $175.00 to $176.00 and gave the stock a “hold” rating in a report on Friday, April 17th. Rothschild & Co Redburn lifted their price objective on shares of PepsiCo from $130.00 to $132.00 in a research report on Monday, May 11th. Finally, Bank of America lowered their target price 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 analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, PepsiCo has an average rating of “Hold” and an average target price of $157.90.

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.