Thomasville National Bank bought a new stake in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 12,412 shares of the company’s stock, valued at approximately $1,681,000.
A number of other institutional investors and hedge funds have also made changes to their positions in PEP. Evergreen Advisors LLC bought a new position in PepsiCo during the 1st quarter worth $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in PepsiCo in the fourth quarter valued at $26,000. Swiss RE Ltd. bought a new stake in PepsiCo in the fourth quarter valued at $28,000. Imprint Wealth LLC acquired a new position in shares of PepsiCo during the third quarter valued at $31,000. Finally, Networth Advisors LLC grew its position in shares of PepsiCo by 2,857.1% during the first quarter. Networth Advisors LLC now owns 207 shares of the company’s stock worth $32,000 after acquiring an additional 200 shares during the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.
PepsiCo Stock Performance
PEP stock opened at $140.62 on Friday. The company has a 50-day simple moving average of $140.23 and a 200 day simple moving average of $150.64. The company has a market capitalization of $191.93 billion, a P/E ratio of 18.43, a PEG ratio of 3.05 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 fifty-two week low of $133.73 and a fifty-two week high of $171.48.
PepsiCo Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be paid a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Friday, September 4th. PepsiCo’s dividend payout ratio (DPR) is currently 77.59%.
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on PEP shares. Barclays increased 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 restated a “hold (c)” rating on shares of PepsiCo in a research report on Monday, July 6th. BNP Paribas Exane dropped their price target on shares of PepsiCo from $195.00 to $183.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 8th. Royal Bank Of Canada reduced their price objective on PepsiCo from $163.00 to $161.00 and set a “sector perform” rating for the company in a research report on Friday, July 10th. Finally, Sanford C. Bernstein set a $134.00 price objective on PepsiCo in a report on Friday, July 10th. Seven investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, PepsiCo has an average rating of “Hold” and a consensus price target of $157.90.
View Our Latest Stock Report on PepsiCo
PepsiCo News Summary
Here are the key news stories impacting PepsiCo this week:
- Positive Sentiment: PepsiCo’s valuation is being highlighted as attractive after shares traded near a decade-low multiple. Analysts and financial commentators argue that the discounted valuation, solid brands and potential for earnings improvement could attract value-oriented investors. PepsiCo: A Behemoth Trading At A Decade-Low Valuation
- Positive Sentiment: The company’s appeal to income investors is strengthening after a 4% dividend increase, extending PepsiCo’s record of annual dividend growth to 54 consecutive years. Its yield and lower valuation than Coca-Cola could support buying interest. 54 Straight Years: Why PepsiCo Remains a Dividend Investor’s Anchor
- Positive Sentiment: PepsiCo is expanding beyond traditional snacks and beverages. The U.S. launch of Alvalle refrigerated gazpacho moves the company into fresh meals, while a new Tampa Bay Buccaneers beverage partnership adds a sports-marketing channel. PepsiCo Enters Fresh Meals With Its US Alvalle Gazpacho Launch
- Positive Sentiment: Recent commentary points to a product mix better aligned with consumer demand and a return to revenue growth, raising hopes that the second half of 2026 could become a recovery period for PepsiCo. PepsiCo Stock Has Stalled. Here Is Why the Second Half of 2026 Could Be Its Turning Point
- Neutral Sentiment: PepsiCo reported progress toward its pep+ sustainability goals, including efforts involving agriculture, emissions, packaging and products with lower sugar, sodium and saturated fat. The update may support its long-term brand positioning but is unlikely to materially change near-term earnings. PepsiCo Reports on Latest ESG Performance Towards pep+ Goals
- Negative Sentiment: Higher gasoline prices could leave consumers with less discretionary income, potentially pressuring demand for PepsiCo’s snacks and beverages. Comparisons with Coca-Cola also suggest PepsiCo faces a less favorable near-term operating outlook. Why Is PepsiCo in Focus as Gasoline Prices Pressure Consumers?
Insider Buying and Selling
In other PepsiCo news, EVP David Flavell sold 2,900 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $139.54, for a total value of $404,666.00. Following the completion of the sale, the executive vice president directly owned 74,825 shares in the company, valued at $10,441,080.50. This represents a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.12% of the stock is currently owned by insiders.
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.
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