First National Bank & Trust Co. of Newtown decreased its stake in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 16.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 27,766 shares of the company’s stock after selling 5,533 shares during the period. PepsiCo comprises approximately 0.9% of First National Bank & Trust Co. of Newtown’s holdings, making the stock its 19th largest position. First National Bank & Trust Co. of Newtown’s holdings in PepsiCo were worth $4,312,000 as of its most recent SEC filing.
A number of other institutional investors also recently made changes to their positions in the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of PepsiCo during the fourth quarter valued at approximately $26,000. Swiss RE Ltd. acquired a new stake in PepsiCo in the fourth quarter worth approximately $28,000. MH & Associates Securities Management Corp ADV bought a new position in PepsiCo during the 4th quarter valued at $29,000. Imprint Wealth LLC acquired a new position in shares of PepsiCo during the 3rd quarter valued at $31,000. Finally, Networth Advisors LLC raised its stake in shares of PepsiCo by 2,857.1% in the 1st quarter. Networth Advisors LLC now owns 207 shares of the company’s stock worth $32,000 after buying an additional 200 shares in the last quarter. 73.07% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several analysts have recently weighed in on the company. Rothschild & Co Redburn upped their price objective on PepsiCo from $130.00 to $132.00 in a report on Monday, May 11th. TD Cowen cut their price target on shares of PepsiCo from $165.00 to $150.00 and set a “hold” rating for the company in a report on Friday, June 12th. UBS Group set a $159.00 price objective on shares of PepsiCo in a research report on Thursday. JPMorgan Chase & Co. dropped their target price on shares of PepsiCo from $178.00 to $170.00 and set an “overweight” rating on the stock in a report on Wednesday, July 1st. Finally, HSBC increased their target price on shares of PepsiCo from $175.00 to $176.00 and gave the company a “hold” rating in a research note on Friday, April 17th. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $162.65.
PepsiCo Stock Down 3.3%
PEP stock opened at $137.86 on Friday. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.90 and a quick ratio of 0.72. The firm has a market capitalization of $188.42 billion, a P/E ratio of 21.64, a P/E/G ratio of 2.87 and a beta of 0.36. PepsiCo, Inc. has a 52-week low of $133.63 and a 52-week high of $171.48. The company’s 50 day simple moving average is $145.78 and its 200-day simple moving average is $151.56.
PepsiCo (NASDAQ:PEP – Get Free Report) last posted its quarterly earnings data on Thursday, July 9th. The company reported $2.20 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.01. PepsiCo had a net margin of 9.15% and a return on equity of 56.61%. The firm had revenue of $24.18 billion during the quarter, compared to analyst estimates of $23.95 billion. During the same quarter last year, the business posted $0.92 EPS. The company’s 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, equities research analysts anticipate that PepsiCo, Inc. will post 8.62 EPS for the current year.
PepsiCo Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th were issued a dividend of $1.48 per share. This is a positive change from PepsiCo’s previous quarterly dividend of $1.42. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Friday, June 5th. PepsiCo’s dividend payout ratio is presently 92.94%.
Trending Headlines about PepsiCo
Here are the key news stories impacting PepsiCo this week:
- Positive Sentiment: PepsiCo reported Q2 revenue of $24.18 billion, above Wall Street estimates, and EPS of $2.20, roughly in line to slightly ahead of expectations. The company also said international demand remained strong, helping offset softness in North America. PepsiCo Inc (PEP) Q2 2026 Earnings Call Highlights
- Positive Sentiment: PepsiCo reaffirmed its full-year outlook, which may reassure investors that management still expects the business to stabilize later in 2026. PepsiCo Q2 Profit Surges, Core Margin Drops, Confirms FY26 View; Stock Down
- Positive Sentiment: Some coverage highlighted international volume growth and improved organic sales, suggesting PepsiCo still has pricing power and growth outside the U.S. PepsiCo beats revenue estimates as volumes improve globally
- Neutral Sentiment: PepsiCo cut prices on some snack products, including Lay’s and Doritos, to help win back shoppers, but that move has not yet translated into stronger North American sales. PepsiCo drops prices on Lay’s and Doritos by 15% as fast-food fatigue hits snack sales
- Negative Sentiment: Weak U.S. consumer demand, especially in North America, overshadowed the earnings beat and raised concerns about volume trends and margin pressure. Why PepsiCo (PEP) Stock Is Trading Lower Today
- Negative Sentiment: Management also pointed to higher commodity and fuel-related costs, with the CEO saying gas prices are affecting consumer spending and snack purchases. PepsiCo Says Gas Prices Cutting Into US Consumer Food Spending
PepsiCo Company 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.
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