PepsiCo, Inc. $PEP Shares Sold by Elevated Capital Advisors LLC

Elevated Capital Advisors LLC trimmed its position in PepsiCo, Inc. (NASDAQ:PEP) by 50.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,172 shares of the company’s stock after selling 6,350 shares during the quarter. Elevated Capital Advisors LLC’s holdings in PepsiCo were worth $958,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in PEP. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of PepsiCo in the 4th quarter worth about $26,000. Swiss RE Ltd. bought a new stake in shares of PepsiCo during the 4th quarter valued at about $28,000. MH & Associates Securities Management Corp ADV acquired a new stake in PepsiCo during the fourth quarter worth about $29,000. Imprint Wealth LLC acquired a new stake in PepsiCo during the third quarter worth about $31,000. Finally, Networth Advisors LLC lifted its holdings in PepsiCo by 2,857.1% in 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.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo reported Q2 revenue of $24.18 billion, above Wall Street estimates, and EPS of $2.20, roughly in line to slightly ahead of expectations. The company also said international demand remained strong, helping offset softness in North America. PepsiCo Inc (PEP) Q2 2026 Earnings Call Highlights
• Positive Sentiment: PepsiCo reaffirmed its full-year outlook, which may reassure investors that management still expects the business to stabilize later in 2026. PepsiCo Q2 Profit Surges, Core Margin Drops, Confirms FY26 View; Stock Down
• Positive Sentiment: Some coverage highlighted international volume growth and improved organic sales, suggesting PepsiCo still has pricing power and growth outside the U.S. PepsiCo beats revenue estimates as volumes improve globally
• Neutral Sentiment: PepsiCo cut prices on some snack products, including Lay’s and Doritos, to help win back shoppers, but that move has not yet translated into stronger North American sales. PepsiCo drops prices on Lay’s and Doritos by 15% as fast-food fatigue hits snack sales
• Negative Sentiment: Weak U.S. consumer demand, especially in North America, overshadowed the earnings beat and raised concerns about volume trends and margin pressure. Why PepsiCo (PEP) Stock Is Trading Lower Today
• Negative Sentiment: Management also pointed to higher commodity and fuel-related costs, with the CEO saying gas prices are affecting consumer spending and snack purchases. PepsiCo Says Gas Prices Cutting Into US Consumer Food Spending

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on PEP shares. TD Cowen lowered their target price on PepsiCo from $165.00 to $150.00 and set a “hold” rating for the company in a report on Friday, June 12th. Piper Sandler set a $176.00 price target on PepsiCo in a report on Thursday. Bank of America lowered their price objective on PepsiCo from $173.00 to $164.00 and set a “neutral” rating for the company in a research note on Thursday, June 25th. Barclays dropped their target price on PepsiCo from $158.00 to $144.00 and set an “equal weight” rating on the stock in a research report on Monday. Finally, Sanford C. Bernstein set a $142.00 target price on PepsiCo and gave the company a “market perform” rating in a research note on Wednesday, July 1st. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $162.65.

PepsiCo Trading Down 3.3%

Shares of NASDAQ:PEP opened at $137.86 on Friday. The company has a 50 day moving average of $145.78 and a 200-day moving average of $151.56. The company has a current ratio of 0.90, a quick ratio of 0.72 and a debt-to-equity ratio of 1.98. The firm has a market cap of $188.42 billion, a P/E ratio of 21.64, a P/E/G ratio of 2.87 and a beta of 0.36. PepsiCo, Inc. has a twelve month low of $133.63 and a twelve month high of $171.48.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, topping the consensus estimate of $2.19 by $0.01. The firm had revenue of $24.18 billion for the quarter, compared to analysts’ expectations of $23.95 billion. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, analysts anticipate that PepsiCo, Inc. will post 8.62 earnings per share for the current fiscal year.

PepsiCo Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders 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 dividend yield of 4.3%. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s dividend payout ratio (DPR) is presently 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.