PepsiCo, Inc. $PEP Stock Position Decreased by American Trust

American Trust trimmed its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 15.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,542 shares of the company’s stock after selling 4,008 shares during the quarter. American Trust’s holdings in PepsiCo were worth $3,501,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of PepsiCo in the 4th quarter worth about $26,000. Swiss RE Ltd. acquired a new position in PepsiCo during the 4th quarter valued at about $28,000. MH & Associates Securities Management Corp ADV bought a new position in PepsiCo in the 4th quarter worth about $29,000. Imprint Wealth LLC acquired a new stake in shares of PepsiCo in the third quarter valued at approximately $31,000. Finally, Networth Advisors LLC raised its holdings in shares of PepsiCo by 2,857.1% during the first quarter. Networth Advisors LLC now owns 207 shares of the company’s stock valued at $32,000 after buying an additional 200 shares during the last quarter. 73.07% of the stock is currently owned by institutional investors.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s Q2 revenue topped Wall Street estimates, supported by stronger international growth and improved volumes in some markets.
• Positive Sentiment: The company reaffirmed its full-year guidance, which can help reassure investors that the turnaround plan is still on track.
• Positive Sentiment: PepsiCo’s long dividend track record remains a draw for income investors, with the company continuing its streak of annual increases.
• Neutral Sentiment: Several firms, including RBC, TD Cowen, Wells Fargo, Citi, and others, lowered price targets after the report, but most still kept neutral or hold-type ratings. Citi Analyst Downgrades PepsiCo Stock (PEP) Despite Q2 Beat, Slashes Target by 15%
• Neutral Sentiment: Analysts remain split between PepsiCo’s dividend/stability appeal and concerns about valuation, margin pressure, and a slow U.S. recovery. PepsiCo’s $200 Billion Stability Play Is Attracting Dividend Investors
• Negative Sentiment: Investors are worried that soft North American snack and beverage demand, plus higher commodity and fuel costs, could keep earnings momentum muted.
• Negative Sentiment: Media coverage compared PepsiCo unfavorably with Coca-Cola, highlighting market-share pressure and a more difficult turnaround narrative for PEP shares.

Analyst Ratings Changes

PEP has been the subject of a number of recent analyst reports. Wall Street Zen lowered PepsiCo from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Barclays decreased their price target on PepsiCo from $144.00 to $138.00 and set an “equal weight” rating for the company in a research note on Friday. Bank of America lowered their price target on PepsiCo from $173.00 to $164.00 and set a “neutral” rating on the stock in a report on Thursday, June 25th. JPMorgan Chase & Co. reduced their price objective on shares of PepsiCo from $178.00 to $170.00 and set an “overweight” rating for the company in a report on Wednesday, July 1st. Finally, Citigroup lowered shares of PepsiCo from a “buy” rating to a “neutral” rating and decreased their target price for the company from $170.00 to $145.00 in a research report on Friday. Seven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $157.70.

PepsiCo Price Performance

Shares of PEP traded down $0.48 during midday trading on Friday, reaching $137.38. The stock had a trading volume of 9,071,253 shares, compared to its average volume of 9,517,085. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.93 and a quick ratio of 0.72. The company has a market capitalization of $187.77 billion, a P/E ratio of 18.01, a P/E/G ratio of 2.77 and a beta of 0.36. The firm’s 50 day moving average price is $145.42 and its 200-day moving average price is $151.46. PepsiCo, Inc. has a 52 week low of $133.75 and a 52 week high of $171.48.

PepsiCo (NASDAQ:PEP) last released its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.19 by $0.01. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The firm had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. During the same period in the previous year, the company earned $0.92 earnings per share. PepsiCo’s revenue was up 6.4% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, analysts forecast that PepsiCo, Inc. will post 8.59 earnings per share for the current fiscal year.

PepsiCo Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 5th were paid a $1.48 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $5.92 dividend on an annualized basis and a yield of 4.3%. This is an increase from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s dividend payout ratio (DPR) is 92.94%.

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.