David Flavell Sells 2,900 Shares of PepsiCo (NASDAQ:PEP) Stock

PepsiCo, Inc. (NASDAQ:PEP) EVP David Flavell sold 2,900 shares of PepsiCo stock in a transaction 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 sale, the executive vice president directly owned 74,825 shares in the company, valued at $10,441,080.50. The trade was a 3.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

PepsiCo Price Performance

Shares of PEP opened at $140.20 on Friday. PepsiCo, Inc. has a one year low of $133.73 and a one year high of $171.48. The stock’s fifty day moving average is $141.49 and its 200-day moving average is $151.08. 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 firm has a market capitalization of $191.36 billion, a price-to-earnings ratio of 18.37, a price-to-earnings-growth ratio of 3.15 and a beta of 0.36.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings data on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.01. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The business had revenue of $24.18 billion during the quarter, compared to the consensus estimate of $23.95 billion. During the same quarter in the prior year, the company posted $0.92 earnings per share. The company’s quarterly 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. Equities analysts anticipate that PepsiCo, Inc. will post 8.57 EPS for the current year.

PepsiCo Dividend Announcement

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

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: International volume growth, product innovation and productivity initiatives are helping offset softer North American demand. PepsiCo’s broad global brand portfolio remains a key support for its outlook. PepsiCo Rides Global Volume Growth as North American Demand Slows
• Positive Sentiment: The stock’s valuation and dividend remain appealing to income-focused investors. PepsiCo recently approved a quarterly dividend of $1.48 per share, equivalent to an annualized $5.92 and a yield above 4%. Its latest quarterly earnings and revenue also slightly exceeded expectations. PepsiCo’s Brand and Dividend Strategy
• Neutral Sentiment: PepsiCo appointed Tanvi Swami as marketing director for Pepsi, 7UP and Mirinda, reinforcing its brand-building strategy but providing no immediate financial impact. PepsiCo’s Brand and Dividend Strategy
• Neutral Sentiment: Executive Vice President David Flavell sold 2,900 shares valued at approximately $405,000. The sale reduced his holdings by 3.73%, but he continues to own a substantial position, limiting the signal from the transaction. SEC insider transaction filing
• Negative Sentiment: Consumer-staples companies are facing increased consumer resistance to price increases, raising concerns about PepsiCo’s pricing power and profitability. Margin pressure, elevated leverage and weaker earnings estimates are additional headwinds. Consumer Staples Estimates Outlook
• Negative Sentiment: A lawsuit alleging workplace harassment and retaliation presents a potential reputational risk, although no specific financial impact has been reported. PepsiCo Workplace Lawsuit Report

Institutional Investors Weigh In On PepsiCo

Hedge funds have recently made changes to their positions in the company. Cypress Capital Management LLC WY grew its stake in PepsiCo by 8.3% in the fourth quarter. Cypress Capital Management LLC WY now owns 838 shares of the company’s stock valued at $121,000 after purchasing an additional 64 shares in the last quarter. United Bank boosted its holdings in shares of PepsiCo by 3.9% in the 4th quarter. United Bank now owns 1,717 shares of the company’s stock valued at $246,000 after buying an additional 65 shares during the last quarter. Onyx Bridge Wealth Group LLC boosted its holdings in shares of PepsiCo by 2.5% in the 1st quarter. Onyx Bridge Wealth Group LLC now owns 2,673 shares of the company’s stock valued at $415,000 after buying an additional 66 shares during the last quarter. Wilkerson Advisory Group LLC grew its stake in shares of PepsiCo by 3.3% in the first quarter. Wilkerson Advisory Group LLC now owns 2,040 shares of the company’s stock valued at $317,000 after buying an additional 66 shares in the last quarter. Finally, Richards Merrill & Peterson Inc. increased its holdings in PepsiCo by 3.6% during the first quarter. Richards Merrill & Peterson Inc. now owns 1,938 shares of the company’s stock worth $301,000 after buying an additional 67 shares during the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the company. JPMorgan Chase & Co. cut their price objective on PepsiCo from $178.00 to $170.00 and set an “overweight” rating for the company in a report on Wednesday, July 1st. Wall Street Zen downgraded shares of PepsiCo from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Royal Bank Of Canada decreased their price target on shares of PepsiCo from $163.00 to $161.00 and set a “sector perform” rating for the company in a report on Friday, July 10th. Rothschild & Co Redburn increased their target price on PepsiCo from $130.00 to $132.00 in a research note on Monday, May 11th. Finally, Sanford C. Bernstein set a $134.00 price target on PepsiCo in a report on Friday, July 10th. Seven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $157.90.

About PepsiCo

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.