Infrastructure Capital Advisors LLC Sells 8,922 Shares of PepsiCo, Inc. $PEP

Posted by Geri Gentry on Jul 28th, 2026

Infrastructure Capital Advisors LLC trimmed its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 63.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 5,164 shares of the company’s stock after selling 8,922 shares during the period. Infrastructure Capital Advisors LLC’s holdings in PepsiCo were worth $802,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Auto Owners Insurance Co lifted its position in shares of PepsiCo by 14,857.8% in the 4th quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company’s stock worth $7,068,777,000 after purchasing an additional 48,923,629 shares during the period. Norges Bank purchased a new stake in PepsiCo in the fourth quarter worth $3,018,813,000. Diamant Asset Management Inc. grew its stake in PepsiCo by 16,146.5% in the first quarter. Diamant Asset Management Inc. now owns 3,586,423 shares of the company’s stock worth $556,936,000 after purchasing an additional 3,564,348 shares during the period. AQR Capital Management LLC raised its holdings in PepsiCo by 120.7% in the third quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock worth $830,902,000 after purchasing an additional 3,235,726 shares in the last quarter. Finally, Amundi lifted its position in PepsiCo by 30.0% during the third quarter. Amundi now owns 8,641,588 shares of the company’s stock valued at $1,207,230,000 after buying an additional 1,995,362 shares during the period. Institutional investors own 73.07% of the company’s stock.

PepsiCo Stock Performance

Shares of PepsiCo stock opened at $139.79 on Tuesday. PepsiCo, Inc. has a 1 year low of $133.73 and a 1 year high of $171.48. The firm’s 50-day moving average is $141.93 and its 200 day moving average is $151.01. The stock has a market cap of $190.80 billion, a price-to-earnings ratio of 18.32, a PEG ratio of 3.00 and a beta of 0.36. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.93 and a quick ratio of 0.74.

PepsiCo (NASDAQ:PEP – Get Free Report) last released its quarterly earnings data on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, beating analysts’ consensus estimates of $2.19 by $0.01. The business 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%. PepsiCo’s revenue was up 6.4% compared to the same quarter last year. During the same period last year, the business earned $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Sell-side analysts anticipate that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.92 annualized dividend and a dividend yield of 4.2%. PepsiCo’s dividend payout ratio (DPR) is 77.59%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on PEP shares. Wells Fargo & Company reduced their target price on shares of PepsiCo from $150.00 to $140.00 and set an “equal weight” rating on the stock in a research report on Friday, July 10th. Deutsche Bank Aktiengesellschaft set a $155.00 price objective on shares of PepsiCo in a research note on Friday, July 10th. Barclays upped their price objective on shares of PepsiCo from $138.00 to $142.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of PepsiCo in a report on Monday, July 6th. Finally, Jefferies Financial Group dropped their price target on PepsiCo from $162.00 to $152.00 and set a “hold” rating on the stock in a research report on Friday, July 10th. Seven 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 MarketBeat, the company currently has an average rating of “Hold” and an average target price of $157.90.

Check Out Our Latest Stock Analysis on PepsiCo

PepsiCo Profile

(Free Report)

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.