QRG Capital Management Inc. Decreases Stock Position in PepsiCo, Inc. $PEP

QRG Capital Management Inc. lowered its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 4.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 181,140 shares of the company’s stock after selling 9,170 shares during the period. QRG Capital Management Inc.’s holdings in PepsiCo were worth $24,526,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in PEP. Cypress Capital Management LLC WY increased its stake in PepsiCo by 8.3% during the 4th quarter. Cypress Capital Management LLC WY now owns 838 shares of the company’s stock worth $121,000 after buying an additional 64 shares during the period. Onyx Bridge Wealth Group LLC boosted its position in 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% during the first quarter. Wilkerson Advisory Group LLC now owns 2,040 shares of the company’s stock valued at $317,000 after acquiring an additional 66 shares in the last quarter. Richards Merrill & Peterson Inc. increased its position in shares of 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 acquiring an additional 67 shares during the last quarter. Finally, Partners Wealth Management LLC lifted its stake in shares of PepsiCo by 3.5% in the first quarter. Partners Wealth Management LLC now owns 1,998 shares of the company’s stock worth $310,000 after acquiring an additional 68 shares in the last quarter. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at PepsiCo

In other PepsiCo news, 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 completion of the transaction, the executive vice president 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 transaction was disclosed in a document filed with the SEC, which is available through this link. 0.12% of the stock is owned by company insiders.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Unusually heavy options activity may signal increased bullish speculation, with traders purchasing 48,807 PEP call options—about 62% above average call volume.
• Positive Sentiment: Analysts and financial commentators increasingly view PepsiCo as a value opportunity after its decline from the 52-week high. Its defensive brands, dividend income and reasonable valuation could attract long-term investors. Prediction: This Out-of-Favor Dividend Stock Could Have Significant Upside
• Positive Sentiment: PepsiCo’s expansion of zero-sugar beverages, supported by product innovation, pricing and broad distribution, offers a potential growth driver as consumer preferences change. Can Zero Sugar Drinks Fuel PepsiCo’s Next Growth Phase?
• Neutral Sentiment: The company reaffirmed its commitment to investment, local talent and partnerships in Saudi Arabia, supporting its long-term international presence. PepsiCo Saudi Arabia Commitment
• Neutral Sentiment: Former PepsiCo CFO Jamie Caulfield was elected to Kontoor Brands’ board, an appointment that does not materially change PepsiCo’s operations or outlook. Kontoor Brands Elects Jamie Caulfield
• Negative Sentiment: PepsiCo’s decision to end manufacturing at a longtime Washington-area plant, along with reported manufacturing layoffs, raises concerns about demand, costs and restructuring. PepsiCo to End Manufacturing at D.C. Area Plant
• Negative Sentiment: The discontinuation of South Africa’s ProNutro product after 64 years highlights portfolio and market-execution pressure. A separate lawsuit alleges misleading “avocado oil” labeling on Siete and Tostitos chips, adding reputational and legal risk. PepsiCo Discontinues ProNutro

PepsiCo Stock Down 0.8%

NASDAQ:PEP traded down $1.01 during mid-day trading on Wednesday, reaching $130.18. The stock had a trading volume of 8,172,757 shares, compared to its average volume of 7,949,046. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.93 and a quick ratio of 0.74. The company has a market capitalization of $177.68 billion, a price-to-earnings ratio of 17.06, a price-to-earnings-growth ratio of 2.73 and a beta of 0.35. PepsiCo, Inc. has a 1-year low of $127.98 and a 1-year high of $171.48. The stock’s 50 day simple moving average is $138.35 and its two-hundred day simple moving average is $145.75.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings data 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. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The firm had revenue of $24.18 billion for the quarter, compared to analysts’ expectations of $23.95 billion. During the same quarter in the prior year, the firm posted $0.92 earnings per share. PepsiCo’s revenue for the quarter 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 dividend of $1.48 per share. This represents a $5.92 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Friday, September 4th. PepsiCo’s dividend payout ratio is currently 77.59%.

Analysts Set New Price Targets

PEP has been the subject of a number of analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of PepsiCo in a report on Monday, July 6th. Deutsche Bank Aktiengesellschaft set a $155.00 target price on PepsiCo in a research report on Friday, July 10th. Wells Fargo & Company reduced their target price on PepsiCo from $150.00 to $140.00 and set an “equal weight” rating for the company in a research note on Friday, July 10th. JPMorgan Chase & Co. decreased their price target on shares of PepsiCo from $178.00 to $170.00 and set an “overweight” rating for the company in a research report on Wednesday, July 1st. Finally, TD Cowen restated a “hold” rating on shares of PepsiCo in a research note on Friday, August 28th. Seven research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $156.80.

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.