PepsiCo, Inc. $PEP Shares Acquired by IFP Advisors Inc

IFP Advisors Inc increased its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 16.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,736 shares of the company’s stock after buying an additional 3,752 shares during the period. IFP Advisors Inc’s holdings in PepsiCo were worth $3,620,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in PEP. Evergreen Advisors LLC acquired a new stake in shares of PepsiCo in the first quarter valued at approximately $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of PepsiCo during the 4th quarter worth approximately $26,000. Montgomery Financial Services LLC acquired a new position in shares of PepsiCo during the 2nd quarter worth approximately $25,000. Swiss RE Ltd. purchased a new stake in PepsiCo in the 4th quarter valued at approximately $28,000. Finally, Networth Advisors LLC grew its holdings in PepsiCo by 2,857.1% during the 1st quarter. Networth Advisors LLC now owns 207 shares of the company’s stock valued at $32,000 after buying an additional 200 shares during the last quarter. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on PEP shares. Royal Bank Of Canada cut their price target on PepsiCo from $163.00 to $161.00 and set a “sector perform” rating for the company in a report on Friday, July 10th. Jefferies Financial Group decreased their price objective on PepsiCo from $162.00 to $152.00 and set a “hold” rating on the stock in a research note on Friday, July 10th. Evercore set a $150.00 price objective on PepsiCo in a research report on Thursday, July 9th. BNP Paribas Exane reduced their target price on shares of PepsiCo from $195.00 to $183.00 and set an “outperform” rating on the stock in a report on Wednesday, July 8th. Finally, Morgan Stanley decreased their price target on shares of PepsiCo from $180.00 to $160.00 and set an “equal weight” rating on the stock in a research note on Friday, July 10th. Seven equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $157.90.

PepsiCo Price Performance

PEP stock opened at $136.65 on Friday. The stock has a market capitalization of $186.51 billion, a price-to-earnings ratio of 17.91, a price-to-earnings-growth ratio of 2.88 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, Inc. has a 52-week low of $133.73 and a 52-week high of $171.48. The stock’s fifty day simple moving average is $139.50 and its 200-day simple moving average is $147.68.

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 firm had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. During the same period last year, the company earned $0.92 EPS. The firm’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. Equities research analysts expect that PepsiCo, Inc. will post 8.57 EPS for the current year.

PepsiCo Dividend Announcement

The business also recently announced 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 4.3%. The ex-dividend date is Friday, September 4th. PepsiCo’s payout ratio is presently 77.59%.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Expansion in India: PepsiCo India opened a potato-chip manufacturing facility in Assam backed by approximately ₹778 crore ($90 million) of investment. The plant is expected to support local sourcing, expand production capacity and strengthen PepsiCo’s position in one of its key growth markets. PepsiCo India opens first food factory in Assam
• Positive Sentiment: India growth ambitions: Management reportedly views India as an increasingly important market and is targeting a place among PepsiCo’s 10 largest global markets. This could offer a longer-term growth avenue as the company expands local manufacturing and distribution. PepsiCo bullish on India
• Positive Sentiment: Efficiency and marketing focus: PepsiCo’s growth plan emphasizes automation, cost reduction and increased advertising. Successful execution could help offset input-cost pressures and improve margins, while recent beverage partnerships, product launches and sports marketing may support demand. PepsiCo’s plan to accelerate growth
• Neutral Sentiment: Income appeal: Commentary highlighting PepsiCo’s dividend yield and long record of annual increases may attract value and income investors, although it is opinion-based rather than a new company announcement. PepsiCo’s latest reported quarter showed revenue growth and slightly better-than-expected earnings.
• Neutral Sentiment: Limited near-term catalysts: New seasonal flavors, restaurant distribution partnerships and a Flamin’ Hot food collaboration add brand visibility but are unlikely to materially change near-term financial results. The reported short-interest data showed zero shares and appears unreliable.

Insider Buying and Selling

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the stock in a transaction that occurred 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 transaction, the executive vice president owned 74,825 shares of the company’s stock, valued at $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 SEC, which is accessible through this hyperlink. Company insiders own 0.12% of the company’s stock.

PepsiCo Profile

PepsiCo, Inc (NASDAQ:PEP) is a global food and beverage company headquartered in Purchase, New York. Its portfolio includes carbonated soft drinks, sports drinks, bottled water, juices, ready-to-drink beverages, snack foods and convenient foods. Major brands include Pepsi, Mountain Dew, Gatorade, Lay’s, Doritos, Cheetos, Quaker and SodaStream.

The company sells products through a broad range of channels, including grocery stores, convenience stores, restaurants, food-service providers, vending operations and e-commerce platforms.