Plato Investment Management Ltd boosted its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 10.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,534 shares of the company’s stock after buying an additional 6,553 shares during the period. Plato Investment Management Ltd’s holdings in PepsiCo were worth $9,495,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently bought and sold shares of PEP. Compass Capital Management Inc. increased its stake in PepsiCo by 100.1% during the 2nd quarter. Compass Capital Management Inc. now owns 6,435 shares of the company’s stock valued at $871,000 after purchasing an additional 3,219 shares in the last quarter. Avise Financial Cooperative Inc. increased its position in shares of PepsiCo by 22.4% in the 2nd quarter. Avise Financial Cooperative Inc. now owns 3,180 shares of the company’s stock valued at $431,000 after acquiring an additional 583 shares during the period. Simplicity Wealth LLC lifted its position in PepsiCo by 32.9% during the 2nd quarter. Simplicity Wealth LLC now owns 22,816 shares of the company’s stock worth $3,089,000 after acquiring an additional 5,643 shares during the period. Longfellow Investment Management Co. LLC grew its stake in PepsiCo by 141.5% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 11,110 shares of the company’s stock valued at $1,504,000 after purchasing an additional 6,509 shares during the last quarter. Finally, N.E.W. Advisory Services LLC grew its stake in PepsiCo by 4.1% during the 2nd quarter. N.E.W. Advisory Services LLC now owns 3,127 shares of the company’s stock valued at $423,000 after purchasing an additional 123 shares during the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities research analysts recently commented on PEP shares. Barclays lifted their target price on PepsiCo from $138.00 to $142.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. UBS Group set a $159.00 price target on shares of PepsiCo in a report on Thursday, July 9th. BNP Paribas Exane decreased their price objective on shares of PepsiCo from $195.00 to $183.00 and set an “outperform” rating for the company in a research note on Wednesday, July 8th. Piper Sandler set a $176.00 price objective on shares of PepsiCo in a report on Thursday, July 9th. Finally, Royal Bank Of Canada cut their price objective on shares of PepsiCo from $163.00 to $161.00 and set a “sector perform” rating on the stock in a research note on Friday, July 10th. Seven investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $157.90.
Insiders Place Their Bets
In other PepsiCo news, EVP David Flavell sold 2,900 shares of the company’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $139.54, for a total value of $404,666.00. Following the completion of the transaction, the executive vice president owned 74,825 shares in the company, valued at approximately $10,441,080.50. This represents a 3.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.12% of the company’s stock.
PepsiCo Stock Up 0.8%
Shares of PEP stock opened at $144.67 on Tuesday. PepsiCo, Inc. has a twelve month low of $133.73 and a twelve month high of $171.48. The stock has a market cap of $197.46 billion, a P/E ratio of 18.96, a P/E/G ratio of 3.15 and a beta of 0.35. The stock has a 50 day moving average of $139.99 and a 200 day moving average of $150.13. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91.
PepsiCo (NASDAQ:PEP – Get Free Report) last released its quarterly earnings data on Thursday, July 9th. The company reported $2.20 EPS for the quarter, topping the consensus estimate of $2.19 by $0.01. The business had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The business’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, sell-side analysts expect that PepsiCo, Inc. will post 8.57 EPS for the current year.
PepsiCo Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be issued a $1.48 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a yield of 4.1%. PepsiCo’s payout ratio is presently 77.59%.
Key Stories Impacting PepsiCo
Here are the key news stories impacting PepsiCo this week:
- Positive Sentiment: PepsiCo’s international business is approaching $40 billion in annual revenue, supported by overseas volume growth, market-share gains and continued investment. A greater contribution from international markets could diversify growth beyond the mature U.S. business. Is PepsiCo’s Growth Story Becoming More Internationally Focused?
- Positive Sentiment: PepsiCo is reportedly considering Iraq as a potential Middle East manufacturing hub. Such an investment could improve regional production and distribution, although the project remains prospective. Will Iraq become PepsiCo’s Next Middle East Manufacturing Hub?
- Positive Sentiment: Several dividend-investing articles continue to present PepsiCo as a long-term income and defensive consumer-staples holding. That supports demand from investors seeking reliable cash distributions, particularly while interest rates remain elevated. 3 Dividend Stocks to Buy Before August Ends and Hold for Life
- Neutral Sentiment: Analysts collectively rate PepsiCo “Hold,” suggesting the stock’s valuation and dependable dividend are balanced against limited near-term growth and execution risks. PepsiCo Receives Consensus Recommendation of Hold
- Negative Sentiment: India’s food-safety regulator issued notices to major food companies, including PepsiCo, over alleged misleading advertising and labeling claims. The developments could bring compliance costs, reputational concerns or product changes. Food Safety Regulator Notices Major Food Companies
- Negative Sentiment: Consumers are shifting toward healthier and lower-sugar beverages, increasing competition from brands such as Olipop. PepsiCo’s acquisition of Poppi gives it exposure to the trend, but the transition could pressure traditional soda demand and require greater innovation spending. How Olipop Is Beating Big Soda at Its Own Game
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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