Corient Private Wealth LP Decreases Holdings in PepsiCo, Inc. $PEP

Corient Private Wealth LP reduced its position in PepsiCo, Inc. (NASDAQ:PEP) by 10.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,153,585 shares of the company’s stock after selling 239,293 shares during the period. Corient Private Wealth LP’s holdings in PepsiCo were worth $291,617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Evergreen Advisors LLC purchased a new position in PepsiCo in the first quarter worth about $25,000. Montgomery Financial Services LLC purchased a new stake in shares of PepsiCo during the 2nd quarter valued at about $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of PepsiCo in the 4th quarter worth approximately $26,000. Swiss RE Ltd. purchased a new position in shares of PepsiCo in the fourth quarter worth approximately $28,000. Finally, Atlatl Advisers LLC bought a new stake in PepsiCo during the second quarter valued at approximately $31,000. Institutional investors own 73.07% of the company’s stock.

Insider Buying and Selling at PepsiCo

In related news, EVP David Flavell sold 2,900 shares of the business’s 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 owned 74,825 shares in the company, valued at approximately $10,441,080.50. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.12% of the company’s stock.

PepsiCo Trading Down 0.0%

Shares of PepsiCo stock opened at $136.65 on Friday. The firm has a market cap of $186.51 billion, a price-to-earnings ratio of 17.91, a PEG ratio of 2.88 and a beta of 0.35. The business has a 50-day moving average price of $139.50 and a 200-day moving average price of $147.68. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. PepsiCo, Inc. has a twelve month low of $133.73 and a twelve month high of $171.48.

PepsiCo (NASDAQ:PEP) last posted its earnings results on Thursday, July 9th. The company reported $2.20 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 company had revenue of $24.18 billion for the quarter, compared to the consensus estimate of $23.95 billion. During the same period in the previous year, the business earned $0.92 earnings per share. The firm’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. Equities research analysts anticipate that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th will be given a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Friday, September 4th. PepsiCo’s dividend payout ratio is currently 77.59%.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Expansion in India: PepsiCo India opened a potato-chip manufacturing facility in Assam backed by approximately ₹778 crore ($90 million) of investment. The plant is expected to support local sourcing, expand production capacity and strengthen PepsiCo’s position in one of its key growth markets. PepsiCo India opens first food factory in Assam
• Positive Sentiment: India growth ambitions: Management reportedly views India as an increasingly important market and is targeting a place among PepsiCo’s 10 largest global markets. This could offer a longer-term growth avenue as the company expands local manufacturing and distribution. PepsiCo bullish on India
• Positive Sentiment: Efficiency and marketing focus: PepsiCo’s growth plan emphasizes automation, cost reduction and increased advertising. Successful execution could help offset input-cost pressures and improve margins, while recent beverage partnerships, product launches and sports marketing may support demand. PepsiCo’s plan to accelerate growth
• Neutral Sentiment: Income appeal: Commentary highlighting PepsiCo’s dividend yield and long record of annual increases may attract value and income investors, although it is opinion-based rather than a new company announcement. PepsiCo’s latest reported quarter showed revenue growth and slightly better-than-expected earnings.
• Neutral Sentiment: Limited near-term catalysts: New seasonal flavors, restaurant distribution partnerships and a Flamin’ Hot food collaboration add brand visibility but are unlikely to materially change near-term financial results. The reported short-interest data showed zero shares and appears unreliable.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on PEP shares. JPMorgan Chase & Co. dropped their price target on shares of PepsiCo from $178.00 to $170.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 1st. Royal Bank Of Canada cut their price target on PepsiCo from $163.00 to $161.00 and set a “sector perform” rating for the company in a report on Friday, July 10th. Wells Fargo & Company decreased their price objective on PepsiCo from $150.00 to $140.00 and set an “equal weight” rating on the stock in a research note on Friday, July 10th. Citigroup downgraded PepsiCo from a “buy” rating to a “neutral” rating and cut their price objective for the company from $170.00 to $145.00 in a research note on Friday, July 10th. Finally, Evercore set a $150.00 price target on shares of PepsiCo in a report on Thursday, July 9th. Seven equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $157.90.

PepsiCo Profile

PepsiCo, Inc (NASDAQ:PEP) is a global food and beverage company headquartered in Purchase, New York. Its portfolio includes carbonated soft drinks, sports drinks, bottled water, juices, ready-to-drink beverages, snack foods and convenient foods. Major brands include Pepsi, Mountain Dew, Gatorade, Lay’s, Doritos, Cheetos, Quaker and SodaStream.

The company sells products through a broad range of channels, including grocery stores, convenience stores, restaurants, food-service providers, vending operations and e-commerce platforms.