Pallas Capital Advisors LLC Sells 7,590 Shares of PepsiCo, Inc. $PEP

Pallas Capital Advisors LLC decreased its position in PepsiCo, Inc. (NASDAQ:PEP) by 28.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,277 shares of the company’s stock after selling 7,590 shares during the period. Pallas Capital Advisors LLC’s holdings in PepsiCo were worth $2,610,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Evergreen Advisors LLC bought a new stake in PepsiCo in the 1st quarter valued at about $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in PepsiCo during the fourth quarter worth about $26,000. Swiss RE Ltd. purchased a new position in shares of PepsiCo in the fourth quarter worth about $28,000. Networth Advisors LLC raised its position in shares of PepsiCo by 2,857.1% in the first quarter. Networth Advisors LLC now owns 207 shares of the company’s stock valued at $32,000 after purchasing an additional 200 shares during the period. Finally, Vermillion Wealth Management Inc. lifted its stake in shares of PepsiCo by 99.1% during 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 in the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on PEP. JPMorgan Chase & Co. reduced their price objective on shares of PepsiCo from $178.00 to $170.00 and set an “overweight” rating for the company in a research note on Wednesday, July 1st. TD Cowen reduced their price target on PepsiCo from $150.00 to $145.00 and set a “hold” rating for the company in a research report on Friday, July 10th. Sanford C. Bernstein set a $134.00 price objective on PepsiCo in a report on Friday, July 10th. Deutsche Bank Aktiengesellschaft set a $155.00 target price on PepsiCo in a report on Friday, July 10th. Finally, Rothschild & Co Redburn increased their price target on shares of PepsiCo from $130.00 to $132.00 in a report on Monday, May 11th. Seven research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $157.90.

PepsiCo Price Performance

Shares of NASDAQ PEP opened at $144.67 on Tuesday. The stock’s 50-day simple moving average is $139.99 and its two-hundred day simple moving average is $150.13. PepsiCo, Inc. has a twelve month low of $133.73 and a twelve month high of $171.48. The firm has a market capitalization of $197.46 billion, a P/E ratio of 18.96, a P/E/G ratio of 3.15 and a beta of 0.35. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings data on Thursday, July 9th. The company reported $2.20 EPS for the quarter, topping 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 revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous 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, equities analysts anticipate that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Dividend Announcement

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 issued 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 4.1%. PepsiCo’s dividend payout ratio is presently 77.59%.

Insider Buying and Selling at PepsiCo

In other news, EVP David Flavell sold 2,900 shares of PepsiCo stock in a transaction on 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 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 legal filing with the SEC, which is accessible through this link. Company insiders own 0.12% of the company’s stock.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s international business is approaching $40 billion in annual revenue, supported by overseas volume growth, market-share gains and continued investment. A greater contribution from international markets could diversify growth beyond the mature U.S. business. Is PepsiCo’s Growth Story Becoming More Internationally Focused?
• Positive Sentiment: PepsiCo is reportedly considering Iraq as a potential Middle East manufacturing hub. Such an investment could improve regional production and distribution, although the project remains prospective. Will Iraq become PepsiCo’s Next Middle East Manufacturing Hub?
• Positive Sentiment: Several dividend-investing articles continue to present PepsiCo as a long-term income and defensive consumer-staples holding. That supports demand from investors seeking reliable cash distributions, particularly while interest rates remain elevated. 3 Dividend Stocks to Buy Before August Ends and Hold for Life
• Neutral Sentiment: Analysts collectively rate PepsiCo “Hold,” suggesting the stock’s valuation and dependable dividend are balanced against limited near-term growth and execution risks. PepsiCo Receives Consensus Recommendation of Hold
• Negative Sentiment: India’s food-safety regulator issued notices to major food companies, including PepsiCo, over alleged misleading advertising and labeling claims. The developments could bring compliance costs, reputational concerns or product changes. Food Safety Regulator Notices Major Food Companies
• Negative Sentiment: Consumers are shifting toward healthier and lower-sugar beverages, increasing competition from brands such as Olipop. PepsiCo’s acquisition of Poppi gives it exposure to the trend, but the transition could pressure traditional soda demand and require greater innovation spending. How Olipop Is Beating Big Soda at Its Own Game

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.