HORAN Wealth LLC Sells 7,207 Shares of PepsiCo, Inc. $PEP

HORAN Wealth LLC trimmed its position in PepsiCo, Inc. (NASDAQ:PEP) by 54.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,133 shares of the company’s stock after selling 7,207 shares during the quarter. HORAN Wealth LLC’s holdings in PepsiCo were worth $830,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Principia Wealth Advisory LLC lifted its stake in PepsiCo by 743.7% in the second quarter. Principia Wealth Advisory LLC now owns 869 shares of the company’s stock worth $118,000 after acquiring an additional 766 shares during the period. HighTower Advisors LLC increased its position in PepsiCo by 1.6% during the 2nd quarter. HighTower Advisors LLC now owns 3,756,348 shares of the company’s stock valued at $508,610,000 after purchasing an additional 60,075 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of PepsiCo in the 2nd quarter valued at about $73,362,000. First Eagle Investment Management LLC lifted its position in shares of PepsiCo by 3.8% in the 2nd quarter. First Eagle Investment Management LLC now owns 48,231 shares of the company’s stock worth $6,530,000 after purchasing an additional 1,774 shares during the period. Finally, California State Teachers Retirement System boosted its stake in shares of PepsiCo by 13,502.8% during the second quarter. California State Teachers Retirement System now owns 285,677,210 shares of the company’s stock valued at $38,680,694,000 after purchasing an additional 283,577,075 shares in the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on PEP shares. 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 reaffirmed a “hold” rating on shares of PepsiCo in a research report on Friday, August 28th. BNP Paribas Exane cut their price target on PepsiCo from $195.00 to $183.00 and set an “outperform” rating on the stock in a report on Wednesday, July 8th. Jefferies Financial Group reduced their price target on PepsiCo from $162.00 to $152.00 and set a “hold” rating for the company in a research report on Friday, July 10th. Finally, Deutsche Bank Aktiengesellschaft set a $155.00 price objective on PepsiCo in a research report on Friday, July 10th. Seven analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $157.90.

Insider Buying and Selling

In other news, EVP David Flavell sold 2,900 shares of the business’s 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 sale, the executive vice president owned 74,825 shares in the company, valued at approximately $10,441,080.50. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.12% of the company’s stock.

PepsiCo Stock Performance

NASDAQ:PEP opened at $137.63 on Monday. The stock has a market capitalization of $187.85 billion, a price-to-earnings ratio of 18.04, a PEG ratio of 2.90 and a beta of 0.35. PepsiCo, Inc. has a 52 week low of $133.73 and a 52 week high of $171.48. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. The firm has a 50 day moving average of $139.70 and a 200 day moving average of $148.43.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.19 by $0.01. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The business had revenue of $24.18 billion for the quarter, compared to the consensus estimate of $23.95 billion. During the same period in the prior year, the firm posted $0.92 earnings per share. The business’s quarterly revenue was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, sell-side analysts anticipate that PepsiCo, Inc. will post 8.57 earnings per share for the current fiscal year.

PepsiCo Announces Dividend

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

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo plans to build a Frito-Lay distribution warehouse near California’s Sonoma County airport. The facility could expand regional distribution capacity and support future sales growth. PepsiCo plans Frito-Lay distribution warehouse near Sonoma County airport
• Positive Sentiment: Publicis Groupe won PepsiCo’s global media account from Omnicom. The change may help PepsiCo modernize marketing, improve digital capabilities and respond more effectively to changing consumer preferences. PepsiCo hands global media to Publicis amid transformation at CPG giant
• Positive Sentiment: Analysts and financial commentators see potential for a longer-term recovery, citing international momentum, a large buyback program and a portfolio overhaul. The thesis is more relevant to future valuation than to near-term earnings. Prediction: Pepsi Stock Could Surprise Wall Street in 2027
• Neutral Sentiment: PepsiCo’s dividend remains a major attraction for income investors, although reaching $25,000 in annual dividends would require a substantial investment and many shares. How many shares of PepsiCo are needed for $25,000 in yearly dividends
• Neutral Sentiment: Recent coverage compares PepsiCo with Coca-Cola as defensive consumer-staples investments. The comparison highlights PEP’s dividend history and business resilience but does not provide a clear new catalyst. PepsiCo versus Coca-Cola
• Negative Sentiment: Reports point to damage at a Ukrainian production facility and softer North American demand, raising concerns about near-term sales, costs and execution. PepsiCo faces Ukraine damage and soft demand
• Negative Sentiment: PepsiCo is emphasizing fresh-food innovation as consumers move away from processed snacks, signaling a need for investment and potential portfolio-transition risk. The global media-account switch may also create near-term execution costs. PepsiCo puts fresh foods in focus

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.