Moody Lynn Lieberson & Walker LLC Reduces Stock Position in PepsiCo, Inc. $PEP

Moody Lynn Lieberson & Walker LLC cut its stake in PepsiCo, Inc. (NASDAQ:PEP) by 52.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 50,369 shares of the company’s stock after selling 54,544 shares during the quarter. Moody Lynn Lieberson & Walker LLC’s holdings in PepsiCo were worth $6,820,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PEP. Auto Owners Insurance Co grew its holdings in PepsiCo by 14,857.8% during the 4th quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company’s stock valued at $7,068,777,000 after buying an additional 48,923,629 shares in the last quarter. Norges Bank purchased a new stake in shares of PepsiCo in the fourth quarter worth about $3,018,813,000. Diamant Asset Management Inc. boosted its position in shares of PepsiCo by 16,146.5% in the first quarter. Diamant Asset Management Inc. now owns 3,586,423 shares of the company’s stock valued at $556,936,000 after acquiring an additional 3,564,348 shares during the period. Assenagon Asset Management S.A. boosted its position in shares of PepsiCo by 952.6% in the second quarter. Assenagon Asset Management S.A. now owns 3,715,812 shares of the company’s stock valued at $503,121,000 after acquiring an additional 3,362,794 shares during the period. Finally, AQR Capital Management LLC increased its holdings in PepsiCo by 120.7% during the 3rd quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock worth $830,902,000 after acquiring an additional 3,235,726 shares during the period. 73.07% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on PEP. HSBC increased their target price on shares of PepsiCo from $175.00 to $176.00 and gave the stock a “hold” rating in a research note on Friday, April 17th. Jefferies Financial Group decreased their price target on shares of PepsiCo from $162.00 to $152.00 and set a “hold” rating on the stock in a report on Friday, July 10th. Evercore set a $150.00 price objective on PepsiCo in a research note on Thursday, July 9th. Rothschild & Co Redburn boosted their target price on PepsiCo from $130.00 to $132.00 in a research report on Monday, May 11th. Finally, TD Cowen decreased their target price on PepsiCo from $150.00 to $145.00 and set a “hold” rating on the stock in a research note on Friday, July 10th. Seven research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, PepsiCo presently has a consensus rating of “Hold” and a consensus target price of $157.90.

Insider Buying and Selling at PepsiCo

In related news, EVP David Flavell sold 2,900 shares of the firm’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 transaction, the executive vice president directly owned 74,825 shares of the company’s stock, valued at approximately $10,441,080.50. This trade represents a 3.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.12% of the company’s stock.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is expanding beyond traditional snacks and beverages with the U.S. launch of Alvalle refrigerated gazpacho. The move targets growing demand for fresh, convenient, ingredient-focused meals and could diversify future revenue. The company also signed a multiyear beverage partnership with the Tampa Bay Buccaneers, adding a high-profile marketing channel. PepsiCo Enters Fresh Meals With Its US Alvalle Gazpacho Launch
• Positive Sentiment: Analysts and investors are highlighting PEP’s relatively low valuation, defensive brand portfolio and attractive dividend yield. Supporters argue that the stock’s depressed price could offer income-oriented investors upside if growth improves in the second half of 2026. PepsiCo Stock Has Stalled
• Positive Sentiment: PepsiCo is using digital twins, Siemens software and Nvidia’s Omniverse platform to simulate factory expansions before committing to physical construction. The technology could reduce capital-spending mistakes, improve plant efficiency and support margins over time. PepsiCo Tests Its Factories in Software Before Steel
• Neutral Sentiment: PepsiCo’s latest reported quarter exceeded expectations, with earnings of $2.20 per share and revenue of $24.18 billion, while revenue increased 6.4% year over year. Management’s fiscal 2026 earnings guidance provides a baseline for investors, but the stock’s near-term performance depends on whether growth and margins accelerate.
• Negative Sentiment: Higher gasoline prices may pressure household budgets, potentially reducing demand for discretionary snacks, beverages and convenience products. This adds to concerns about softer volumes and cautious consumers in North America. Why Is PepsiCo in Focus as Gasoline Prices Pressure Consumers?
• Negative Sentiment: Recent comparisons with Coca-Cola suggest PepsiCo faces a weaker near-term operating outlook, including weak North American demand, softer volumes, rising costs and margin pressure. These challenges explain why investors remain cautious despite PEP’s strong global brands. Coca-Cola vs. PepsiCo Stock After Q2 Earnings

PepsiCo Stock Performance

PepsiCo stock opened at $138.70 on Thursday. PepsiCo, Inc. has a fifty-two week low of $133.73 and a fifty-two week 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. The stock has a market cap of $189.31 billion, a P/E ratio of 18.18, a price-to-earnings-growth ratio of 3.04 and a beta of 0.35. The firm’s fifty day moving average price is $140.26 and its 200-day moving average price is $150.67.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (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 net margin of 10.78% and a return on equity of 54.63%. The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, equities research analysts expect that PepsiCo, Inc. will post 8.57 earnings per share for the current fiscal year.

PepsiCo Announces Dividend

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

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.