Legacy Advisors LLC Grows Stock Holdings in PepsiCo, Inc. $PEP

Legacy Advisors LLC lifted its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 32.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,046 shares of the company’s stock after acquiring an additional 3,649 shares during the quarter. Legacy Advisors LLC’s holdings in PepsiCo were worth $2,037,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PEP. Evergreen Advisors LLC acquired a new stake in PepsiCo during the 1st quarter worth about $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of PepsiCo in the 4th quarter valued at about $26,000. Swiss RE Ltd. purchased a new stake in shares of PepsiCo in the fourth quarter worth about $28,000. Atlatl Advisers LLC acquired a new stake in PepsiCo during the second quarter worth about $31,000. Finally, Imprint Wealth LLC acquired a new stake in PepsiCo during the third quarter worth about $31,000. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at PepsiCo

In other news, EVP David Flavell sold 2,900 shares of PepsiCo stock in a transaction that occurred on Monday, July 27th. The stock was 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 of the company’s stock, valued at $10,441,080.50. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.12% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have commented on PEP shares. JPMorgan Chase & Co. lowered their price objective on PepsiCo from $178.00 to $170.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 1st. UBS Group set a $159.00 target price on shares of PepsiCo in a research note on Thursday, July 9th. BNP Paribas Exane dropped their price target on shares of PepsiCo from $195.00 to $183.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 8th. TD Cowen cut their price objective on shares of PepsiCo from $150.00 to $145.00 and set a “hold” rating for the company in a report on Friday, July 10th. Finally, Royal Bank Of Canada decreased their price objective on shares of PepsiCo from $163.00 to $161.00 and set a “sector perform” rating for the company in a research report on Friday, July 10th. Seven investment 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. According to MarketBeat, PepsiCo has an average rating of “Hold” and an average target price of $157.90.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo reported increased recycled content in its plastic packaging, supporting its sustainability goals and potentially strengthening relationships with consumers and retailers. PepsiCo reports increase in recycled content for plastic packaging
• Positive Sentiment: The company is refreshing brands, products and value offerings to reconnect with consumers. These initiatives could support a gradual recovery if they improve volume and brand engagement. PepsiCo’s Brand Refresh: Is it Enough to Win Back Consumers?
• Neutral Sentiment: Analyst commentary describes PepsiCo as potentially nearing a turning point, but investors are waiting for clearer evidence that demand and growth are improving. Why PepsiCo Could Be Nearing a Turning Point?
• Neutral Sentiment: A long-standing employee received a PepsiCo Lifetime Achievement Award, a positive reputational item but one unlikely to materially affect earnings or valuation. Jeff Minges retires with PepsiCo Lifetime Achievement Award
• Negative Sentiment: PepsiCo’s brand refresh may take time to reverse softer North American demand. Competition from health-focused beverage brands and consumer skepticism toward large soda companies add to the pressure. PepsiCo’s Brand Refresh: Is it Enough to Win Back Consumers?
• Negative Sentiment: PEP underperformed the broader market in the latest session, suggesting that company-specific concerns—not just overall market weakness—are weighing on the stock. Here’s Why PepsiCo Fell More Than the Broader Market

PepsiCo Stock Performance

NASDAQ:PEP opened at $138.24 on Tuesday. 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 stock has a market capitalization of $188.68 billion, a PE ratio of 18.12, a P/E/G ratio of 3.09 and a beta of 0.35. PepsiCo, Inc. has a fifty-two week low of $133.73 and a fifty-two week high of $171.48. The company has a fifty day moving average of $140.15 and a two-hundred day moving average of $150.53.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.19 by $0.01. The business had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, research analysts forecast that PepsiCo, Inc. will post 8.57 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

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

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.