Summitry LLC Acquires 4,320 Shares of PepsiCo, Inc. $PEP

Summitry LLC boosted its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 2.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 161,115 shares of the company’s stock after buying an additional 4,320 shares during the quarter. Summitry LLC’s holdings in PepsiCo were worth $21,815,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of PEP. Murphy Pohlad Asset Management LLC lifted its holdings in shares of PepsiCo by 0.9% in the second quarter. Murphy Pohlad Asset Management LLC now owns 23,112 shares of the company’s stock worth $3,129,000 after acquiring an additional 205 shares during the last quarter. LifePlan Financial LLC acquired a new stake in shares of PepsiCo in the 2nd quarter valued at approximately $478,000. Envestnet Portfolio Solutions Inc. grew its holdings in shares of PepsiCo by 10.5% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 127,986 shares of the company’s stock valued at $17,321,000 after purchasing an additional 12,193 shares during the last quarter. Gibraltar Capital Management Inc. increased its position in PepsiCo by 4.8% during the 2nd quarter. Gibraltar Capital Management Inc. now owns 2,253 shares of the company’s stock worth $305,000 after purchasing an additional 104 shares in the last quarter. Finally, Opal Wealth Advisors LLC increased its position in PepsiCo by 36.3% during the 2nd quarter. Opal Wealth Advisors LLC now owns 2,336 shares of the company’s stock worth $316,000 after purchasing an additional 622 shares in the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s 4% dividend increase and 54 consecutive years of dividend growth reinforce its appeal to income-focused investors. With shares trading at a valuation below that of rival Coca-Cola, analysts and financial commentators see potential for the valuation gap to narrow. 54 Straight Years: Why PepsiCo Remains a Dividend Investor’s Anchor
• Positive Sentiment: PepsiCo’s decade-low valuation is attracting attention from investors seeking a potential recovery in a large, established consumer-staples company. The thesis provides support for the stock despite recent pressure on its share price. PepsiCo: A Behemoth Trading At A Decade-Low Valuation
• Positive Sentiment: PepsiCo reported progress toward its pep+ sustainability goals, including efforts involving agriculture, emissions, packaging and healthier product formulations. Its reported increase in recycled content for plastic packaging may strengthen brand reputation and help address environmental concerns, although the near-term earnings impact is likely limited. PepsiCo Reports on Latest ESG Performance Towards pep+ Goals PepsiCo reports 2025 increase in recycled content for plastic packaging
• Neutral Sentiment: Gatorade added three-time Ballon d’Or winner Aitana Bonmatí to its athlete roster ahead of the football season. The partnership could support brand visibility and sports-drink sales, but its financial effect is not quantified. Gatorade Welcomes Aitana Bonmatí to Team Gatorade
• Neutral Sentiment: Hudson Valley Farms plans to acquire a former PepsiCo property. The transaction may streamline PepsiCo’s real-estate holdings, but no purchase price or material earnings impact was provided. Hudson Valley Farms to acquire former PepsiCo property

PepsiCo Trading Up 0.1%

PEP opened at $140.79 on Friday. 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, 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 price is $140.20 and its two-hundred day moving average price is $150.57. The firm has a market capitalization of $192.16 billion, a price-to-earnings ratio of 18.45, a PEG ratio of 3.09 and a beta of 0.35.

PepsiCo (NASDAQ:PEP) last released 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 firm had revenue of $24.18 billion during the quarter, compared to the consensus estimate of $23.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, research analysts predict that PepsiCo, Inc. will post 8.57 earnings per share for the current year.

PepsiCo Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be issued a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Friday, September 4th. PepsiCo’s dividend payout ratio is presently 77.59%.

Analysts Set New Price Targets

A number of analysts have weighed in on PEP shares. HSBC raised their target price on shares of PepsiCo from $175.00 to $176.00 and gave the company a “hold” rating in a research report on Friday, April 17th. TD Cowen lowered their price target on shares of PepsiCo from $150.00 to $145.00 and set a “hold” rating for the company in a report on Friday, July 10th. Royal Bank Of Canada dropped their price target on PepsiCo from $163.00 to $161.00 and set a “sector perform” rating for the company in a research note on Friday, July 10th. Piper Sandler set a $176.00 price objective on PepsiCo in a research report on Thursday, July 9th. Finally, UBS Group set a $159.00 target price on PepsiCo in a report on Thursday, July 9th. Seven research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $157.90.

Insider Transactions at PepsiCo

In other PepsiCo news, EVP David Flavell sold 2,900 shares of PepsiCo 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 transaction, the executive vice president directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.12% of the stock is currently owned by corporate insiders.

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.