RB Capital Management LLC Takes Position in PepsiCo, Inc. $PEP

RB Capital Management LLC acquired a new position in shares of PepsiCo, Inc. (NASDAQ:PEP) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 30,171 shares of the company’s stock, valued at approximately $4,085,000.

Several other large investors also recently modified their holdings of PEP. Evergreen Advisors LLC acquired a new position in shares of PepsiCo in the 1st quarter valued at approximately $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in PepsiCo during the fourth quarter worth about $26,000. Swiss RE Ltd. acquired a new position in PepsiCo during the fourth quarter worth approximately $28,000. Atlatl Advisers LLC acquired a new stake in shares of PepsiCo in the second quarter valued at approximately $31,000. Finally, Osterweis Capital Management Inc. bought a new position in shares of PepsiCo during the 2nd quarter worth approximately $31,000. 73.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

PEP has been the topic of several research reports. TD Cowen reiterated a “hold” rating on shares of PepsiCo in a report on Friday. Jefferies Financial Group decreased their price target on shares of PepsiCo from $162.00 to $152.00 and set a “hold” rating on the stock in a research note on Friday, July 10th. Barclays boosted their price objective on PepsiCo from $138.00 to $142.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. UBS Group set a $159.00 price target on PepsiCo in a research note on Thursday, July 9th. Finally, BNP Paribas Exane dropped their target price on PepsiCo from $195.00 to $183.00 and set an “outperform” rating for the company in a report on Wednesday, July 8th. Seven analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $157.90.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is participating with Mondel?z International and pladis in a circular food-packaging trial. The initiative could support sustainability goals and help develop more scalable packaging solutions, although the near-term financial impact is likely limited. Mondel?z International, PepsiCo and pladis collaborate to advance the future of food packaging
• Positive Sentiment: A partnership with Carlsberg reportedly helped grow the brewer’s soft-drinks segment by 9%, highlighting the potential for PepsiCo’s distribution and beverage partnerships to generate incremental volume. PepsiCo Partnership Grows Carlsberg Soft Drink Segment by 9%
• Positive Sentiment: Analysts and investors continue to view PEP’s discounted valuation and dividend yield as attractive relative to Coca-Cola, particularly for income-focused investors. Snack-market share gains and beverage resilience could support a gradual recovery. PepsiCo Is Struggling While Coca-Cola Hits All-Time Highs
• Neutral Sentiment: PepsiCo’s North American business faces softer consumer spending and pressure in key food categories. However, snack share gains and stronger beverages suggest management may be dealing with a temporary slowdown rather than a permanently weaker franchise. PepsiCo’s North America Challenge: Temporary or Structural?
• Neutral Sentiment: Indian authorities reportedly seized PepsiCo-branded products connected to an alleged operation that falsified expiration dates and nutrition labels. PepsiCo and Coca-Cola were not accused of wrongdoing, limiting direct liability but creating some reputational and supply-chain attention. India busts firm faking expiry dates, nutrition labels on PepsiCo and Nestle food exports
• Negative Sentiment: PepsiCo confirmed damage to a production facility in Ukraine following a reported Russian strike. No injuries were reported, but possible disruption, repair costs and uncertainty about the site’s operating capacity add to geopolitical and execution risks. PepsiCo confirms damage to Ukraine plant

PepsiCo Stock Down 0.4%

PEP stock opened at $139.79 on Wednesday. The company has a market cap of $190.80 billion, a PE ratio of 18.32, a price-to-earnings-growth ratio of 3.08 and a beta of 0.35. 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 52 week low of $133.73 and a 52 week high of $171.48. The business has a 50-day simple moving average of $139.80 and a 200 day simple moving average of $149.00.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, topping analysts’ consensus estimates of $2.19 by $0.01. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The company 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 firm posted $0.92 EPS. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Sell-side analysts anticipate that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Dividend Announcement

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

Insider Activity at PepsiCo

In related news, EVP David Flavell sold 2,900 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $139.54, for a total transaction of $404,666.00. Following the completion of the transaction, the executive vice president directly owned 74,825 shares in the company, valued at $10,441,080.50. This represents a 3.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.12% of the company’s stock.

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.