Core Capital Management & Research inc. Acquires Shares of 6,486 PepsiCo, Inc. $PEP

Core Capital Management & Research inc. acquired a new stake in shares of PepsiCo, Inc. (NASDAQ:PEP) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,486 shares of the company’s stock, valued at approximately $932,000.

Other hedge funds also recently made changes to their positions in the company. The Manufacturers Life Insurance Company boosted its holdings in shares of PepsiCo by 19.0% during the second quarter. The Manufacturers Life Insurance Company now owns 1,110,852 shares of the company’s stock worth $150,409,000 after purchasing an additional 177,468 shares during the period. Van Hulzen Asset Management LLC increased its holdings in PepsiCo by 0.4% during the 2nd quarter. Van Hulzen Asset Management LLC now owns 120,514 shares of the company’s stock valued at $16,318,000 after purchasing an additional 431 shares during the period. MCF Advisors LLC raised its position in PepsiCo by 3.4% during the 2nd quarter. MCF Advisors LLC now owns 10,723 shares of the company’s stock valued at $1,452,000 after purchasing an additional 348 shares during the last quarter. National Pension Service lifted its holdings in PepsiCo by 4.2% in the 2nd quarter. National Pension Service now owns 3,368,195 shares of the company’s stock worth $456,054,000 after buying an additional 137,186 shares during the period. Finally, WINTON GROUP Ltd grew its position in shares of PepsiCo by 52.0% in the 2nd quarter. WINTON GROUP Ltd now owns 3,800 shares of the company’s stock worth $515,000 after buying an additional 1,300 shares during the last quarter. 73.07% of the stock is owned by hedge funds and other institutional investors.

PepsiCo Stock Performance

Shares of PepsiCo stock opened at $136.69 on Thursday. PepsiCo, Inc. has a 12 month low of $133.73 and a 12 month high of $171.48. The firm has a market capitalization of $186.57 billion, a P/E ratio of 17.91, a P/E/G ratio of 2.92 and a beta of 0.35. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91. The business has a fifty day simple moving average of $139.65 and a two-hundred day simple moving average of $147.88.

PepsiCo (NASDAQ:PEP) last released its 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 firm had revenue of $24.18 billion for the quarter, compared to the consensus estimate of $23.95 billion. During the same period in the prior year, the firm earned $0.92 EPS. The company’s revenue was up 6.4% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, equities analysts forecast that PepsiCo, Inc. will post 8.57 earnings per share for the current fiscal year.

PepsiCo Announces Dividend

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 paid a dividend of $1.48 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.3%. PepsiCo’s dividend payout ratio (DPR) is currently 77.59%.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is pursuing automation, cost reductions and higher marketing spending to accelerate growth. Management expects efficiency gains to help fund brand investment, while expanded advertising could support demand over time. PepsiCo’s plan to accelerate growth
• Positive Sentiment: PepsiCo secured a partnership with The Great Greek Mediterranean Grill as the restaurant chain’s official soft-drink provider and launched new signature lemonades and refreshers. The agreement offers incremental distribution and visibility for PepsiCo beverages. Great Greek partnership announcement
• Positive Sentiment: Analysts and income investors continue to point to PepsiCo’s roughly 4% dividend yield and decades-long record of annual increases. Its underperformance versus Coca-Cola is being framed by some commentators as a potential value opportunity, although this is opinion rather than a new company catalyst. Pepsi versus Coca-Cola dividend comparison
• Neutral Sentiment: PepsiCo’s $1.7 billion Publicis agreement is reshaping its global media and advertising operations. The deal could improve marketing coordination and efficiency, but its near-term financial benefits and execution costs remain uncertain. Pepsi and Publicis deal
• Negative Sentiment: Coverage of GLP-1 drugs and shifting diets indicates potential pressure on traditional salty snacks and sugary beverages. PepsiCo is responding by targeting a reported $271 billion fresh-food market and exploring new food categories, but the transition could require investment before producing meaningful growth. GLP-1 drugs and PepsiCo’s fresh-food strategy
• Negative Sentiment: Investors are also weighing PepsiCo’s muted long-term share performance against Coca-Cola’s stronger returns. The comparison reinforces concerns about slower growth, even though PepsiCo’s higher yield may attract income-focused investors. Coca-Cola versus PepsiCo dividend comparison

Insider Activity

In other news, EVP David Flavell sold 2,900 shares of the business’s 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 position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.12% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on PEP shares. Bank of America decreased their target price on PepsiCo from $173.00 to $164.00 and set a “neutral” rating for the company in a report on Thursday, June 25th. Sanford C. Bernstein set a $134.00 price objective on shares of PepsiCo in a research report on Friday, July 10th. BNP Paribas Exane decreased their price objective on shares of PepsiCo from $195.00 to $183.00 and set an “outperform” rating for the company in a report on Wednesday, July 8th. Morgan Stanley dropped their target price on shares of PepsiCo from $180.00 to $160.00 and set an “equal weight” rating for the company in a research report on Friday, July 10th. Finally, UBS Group set a $159.00 target price on shares of PepsiCo in a research note on Thursday, July 9th. Seven equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price 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.