Patron Partners LLC Takes $1.34 Million Position in PepsiCo, Inc. $PEP

Posted by Stanley Muller on Aug 28th, 2026

Patron Partners LLC acquired a new position in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,892 shares of the company’s stock, valued at approximately $1,339,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Swiss Life Asset Management Ltd increased its stake in PepsiCo by 11.4% during the 4th quarter. Swiss Life Asset Management Ltd now owns 415,271 shares of the company’s stock valued at $59,600,000 after purchasing an additional 42,335 shares in the last quarter. National Pension Service grew its holdings in shares of PepsiCo by 2.5% during the fourth quarter. National Pension Service now owns 3,143,939 shares of the company’s stock valued at $451,218,000 after buying an additional 77,051 shares during the last quarter. Allstate Corp increased its position in shares of PepsiCo by 108.1% during the fourth quarter. Allstate Corp now owns 104,723 shares of the company’s stock worth $15,030,000 after acquiring an additional 54,405 shares in the last quarter. First Nebraska Trust Co acquired a new stake in shares of PepsiCo in the 1st quarter worth about $10,782,000. Finally, Knights of Columbus Asset Advisors LLC lifted its position in PepsiCo by 90.0% in the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 94,652 shares of the company’s stock valued at $13,584,000 after acquiring an additional 44,824 shares in the last quarter. 73.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

PEP has been the subject of a number of recent research reports. Evercore set a $150.00 price objective on PepsiCo in a report on Thursday, July 9th. Bank of America cut their target price on PepsiCo from $173.00 to $164.00 and set a “neutral” rating on the stock in a research report on Thursday, June 25th. Jefferies Financial Group lowered their price target on PepsiCo from $162.00 to $152.00 and set a “hold” rating for the company in a research report on Friday, July 10th. Wells Fargo & Company decreased their price objective on shares of PepsiCo from $150.00 to $140.00 and set an “equal weight” rating for the company in a research note on Friday, July 10th. Finally, JPMorgan Chase & Co. lowered their target price on PepsiCo from $178.00 to $170.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 1st. Seven research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $157.90.

Read Our Latest Stock Report on PepsiCo

PepsiCo Stock Performance

Shares of PEP opened at $139.72 on Friday. PepsiCo, Inc. has a 52-week low of $133.73 and a 52-week high of $171.48. The stock has a market capitalization of $190.70 billion, a price-to-earnings ratio of 18.31, a price-to-earnings-growth ratio of 3.12 and a beta of 0.35. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.74 and a current ratio of 0.93. The stock’s 50-day simple moving average is $139.87 and its 200 day simple moving average is $149.57.

PepsiCo (NASDAQ:PEP – Get Free Report) last released its quarterly earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, beating analysts’ consensus estimates of $2.19 by $0.01. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The firm had revenue of $24.18 billion during the quarter, compared to analyst estimates of $23.95 billion. During the same period in the previous year, the business earned $0.92 EPS. The business’s revenue for the quarter was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Research analysts forecast that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be given a dividend of $1.48 per share. The ex-dividend date is Friday, September 4th. This represents a $5.92 annualized dividend and a yield of 4.2%. PepsiCo’s payout ratio is presently 77.59%.

Insider Buying and Selling

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at $10,441,080.50. The trade was a 3.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.12% of the stock is currently owned by corporate insiders.

About PepsiCo

(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.