PYA Waltman Capital LLC Increases Position in PepsiCo, Inc. $PEP

PYA Waltman Capital LLC grew its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 28.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,563 shares of the company’s stock after purchasing an additional 8,682 shares during the quarter. PepsiCo makes up about 1.3% of PYA Waltman Capital LLC’s investment portfolio, making the stock its 18th largest position. PYA Waltman Capital LLC’s holdings in PepsiCo were worth $5,357,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Swiss Life Asset Management Ltd raised its holdings in PepsiCo by 11.4% in the 4th quarter. Swiss Life Asset Management Ltd now owns 415,271 shares of the company’s stock worth $59,600,000 after purchasing an additional 42,335 shares in the last quarter. National Pension Service boosted its stake in shares of PepsiCo by 2.5% during the 4th quarter. National Pension Service now owns 3,143,939 shares of the company’s stock valued at $451,218,000 after purchasing an additional 77,051 shares in 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 valued at $15,030,000 after buying an additional 54,405 shares during the period. First Nebraska Trust Co bought a new position in PepsiCo in the first quarter worth about $10,782,000. Finally, Knights of Columbus Asset Advisors LLC lifted its holdings in PepsiCo by 90.0% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 94,652 shares of the company’s stock worth $13,584,000 after buying an additional 44,824 shares during the period. Institutional investors own 73.07% of the company’s stock.

Wall Street Analysts Forecast Growth

PEP has been the topic of several research reports. Citigroup cut 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 report on Friday, July 10th. Piper Sandler set a $176.00 target price on PepsiCo in a research note on Thursday, July 9th. Sanford C. Bernstein set a $134.00 price target on PepsiCo in a research report on Friday, July 10th. Rothschild & Co Redburn upped their price target on PepsiCo from $130.00 to $132.00 in a research note on Monday, May 11th. Finally, Jefferies Financial Group decreased their price objective on PepsiCo from $162.00 to $152.00 and set a “hold” rating for the company in a report on Friday, July 10th. Seven 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $157.90.

PepsiCo Stock Performance

Shares of PEP opened at $140.02 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. The stock has a market cap of $191.11 billion, a P/E ratio of 18.35, a P/E/G ratio of 2.96 and a beta of 0.35. The business’s 50 day moving average price is $139.78 and its 200-day moving average price is $148.63. PepsiCo, Inc. has a 52 week low of $133.73 and a 52 week high of $171.48.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings data on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $23.95 billion. During the same quarter last year, the company earned $0.92 EPS. 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 earnings per share for the current fiscal year.

PepsiCo Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders 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 of this dividend is Friday, September 4th. PepsiCo’s payout ratio is currently 77.59%.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: International momentum, a potential large share buyback, and a portfolio overhaul could provide catalysts for PepsiCo in 2027, particularly as the company’s valuation has lagged some consumer-staples peers. Prediction: Pepsi Stock Could Surprise Wall Street in 2027
• Positive Sentiment: PepsiCo signed a multimillion-dollar partnership making its brands the official soft-drink portfolio of Arizona Athletic Grounds through 2033, supporting brand visibility and long-term commercial relationships. Arizona Athletic Grounds Partnership
• Positive Sentiment: Management continues to reiterate its revenue-growth targets, reinforcing confidence in the company’s dividend, cash-generation profile, and ability to navigate current pressure. PepsiCo Management Reiterates Revenue Growth Targets
• Neutral Sentiment: PepsiCo is transferring its global media account from Omnicom’s OMD to Publicis. The change may improve marketing effectiveness as consumer preferences and advertising technology evolve, but it also signals a significant transformation effort rather than an immediate earnings catalyst. PepsiCo Hands Global Media to Publicis
• Neutral Sentiment: Bank of America reaffirmed a Hold rating and a $152 price target, citing international strength that offsets weakness in PepsiCo Foods North America. The target implies potential upside from recent levels, but the unchanged rating reflects limited conviction. PepsiCo Neutral Rating Reaffirmed
• Negative Sentiment: Soft North American demand, especially as consumers move away from processed snacks, remains the clearest near-term concern. PepsiCo is responding by emphasizing fresh-food innovation and portfolio adjustments, but these changes may take time to improve sales trends. PepsiCo Puts Fresh Foods in Focus
• Negative Sentiment: Damage to a Ukrainian production facility and continued demand softness add operational and geopolitical risk, potentially pressuring near-term results and investor sentiment. PepsiCo Faces Ukraine Damage and Soft Demand
• Negative Sentiment: PepsiCo is reportedly ending obesity-related GLP-1 medication coverage for some employees, prompting criticism from the Obesity Action Coalition and creating potential reputational and employee-relations risks. OAC Calls on PepsiCo to Keep Obesity Treatment Coverage

Insider Transactions at PepsiCo

In related news, EVP David Flavell sold 2,900 shares of the stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $139.54, for a total transaction of $404,666.00. Following the sale, the executive vice president directly owned 74,825 shares of the company’s stock, valued at approximately $10,441,080.50. This represents a 3.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.12% of the stock is currently owned by insiders.

PepsiCo 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.