General American Investors Co. Inc. Sells 10,000 Shares of PepsiCo, Inc. $PEP

General American Investors Co. Inc. decreased its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 7.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 130,000 shares of the company’s stock after selling 10,000 shares during the quarter. PepsiCo accounts for approximately 1.3% of General American Investors Co. Inc.’s holdings, making the stock its 27th biggest holding. General American Investors Co. Inc.’s holdings in PepsiCo were worth $20,188,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Captrust Financial Advisors increased its holdings in shares of PepsiCo by 3.6% during the third quarter. Captrust Financial Advisors now owns 554,798 shares of the company’s stock worth $77,916,000 after buying an additional 19,218 shares in the last quarter. Swiss Life Asset Management Ltd raised its position in shares of PepsiCo by 11.4% during the fourth quarter. Swiss Life Asset Management Ltd now owns 415,271 shares of the company’s stock worth $59,600,000 after acquiring an additional 42,335 shares during the last quarter. Murphy Middleton Hinkle & Parker Inc. boosted its stake in shares of PepsiCo by 622.3% in the 4th quarter. Murphy Middleton Hinkle & Parker Inc. now owns 35,603 shares of the company’s stock valued at $5,110,000 after purchasing an additional 30,674 shares during the last quarter. Allstate Corp boosted its stake in PepsiCo by 108.1% in the fourth quarter. Allstate Corp now owns 104,723 shares of the company’s stock valued at $15,030,000 after acquiring an additional 54,405 shares during the last quarter. Finally, National Pension Service grew its stake in shares of PepsiCo by 2.5% during the fourth quarter. National Pension Service now owns 3,143,939 shares of the company’s stock worth $451,218,000 after purchasing an additional 77,051 shares during the period. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s Q2 revenue topped Wall Street estimates, supported by stronger international growth and improved volumes in some markets.
• Positive Sentiment: The company reaffirmed its full-year guidance, which can help reassure investors that the turnaround plan is still on track.
• Positive Sentiment: PepsiCo’s long dividend track record remains a draw for income investors, with the company continuing its streak of annual increases.
• Neutral Sentiment: Several firms, including RBC, TD Cowen, Wells Fargo, Citi, and others, lowered price targets after the report, but most still kept neutral or hold-type ratings. Citi Analyst Downgrades PepsiCo Stock (PEP) Despite Q2 Beat, Slashes Target by 15%
• Neutral Sentiment: Analysts remain split between PepsiCo’s dividend/stability appeal and concerns about valuation, margin pressure, and a slow U.S. recovery. PepsiCo’s $200 Billion Stability Play Is Attracting Dividend Investors
• Negative Sentiment: Investors are worried that soft North American snack and beverage demand, plus higher commodity and fuel costs, could keep earnings momentum muted.
• Negative Sentiment: Media coverage compared PepsiCo unfavorably with Coca-Cola, highlighting market-share pressure and a more difficult turnaround narrative for PEP shares.

PepsiCo Price Performance

Shares of NASDAQ PEP traded down $0.48 during mid-day trading on Friday, hitting $137.38. 9,071,253 shares of the stock traded hands, compared to its average volume of 9,517,085. PepsiCo, Inc. has a twelve month low of $133.75 and a twelve month high of $171.48. The firm has a 50 day simple moving average of $145.42 and a two-hundred day simple moving average of $151.46. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.93 and a quick ratio of 0.72. The company has a market cap of $187.77 billion, a PE ratio of 18.01, a price-to-earnings-growth ratio of 2.77 and a beta of 0.36.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings results on Thursday, July 9th. The company reported $2.20 EPS 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 firm had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. During the same period last year, the firm posted $0.92 earnings per share. The business’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. As a group, equities research analysts forecast that PepsiCo, Inc. will post 8.59 EPS for the current fiscal year.

PepsiCo Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th were paid a $1.48 dividend. The ex-dividend date of this dividend was Friday, June 5th. This is a positive change from PepsiCo’s previous quarterly dividend of $1.42. This represents a $5.92 annualized dividend and a dividend yield of 4.3%. PepsiCo’s payout ratio is currently 92.94%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on PEP. Rothschild & Co Redburn boosted their price objective on shares of PepsiCo from $130.00 to $132.00 in a report on Monday, May 11th. Jefferies Financial Group cut their target price on PepsiCo from $162.00 to $152.00 and set a “hold” rating on the stock in a research note on Friday. The Goldman Sachs Group raised their price objective on PepsiCo from $180.00 to $183.00 and gave the company a “buy” rating in a report on Friday, April 17th. Weiss Ratings restated a “hold (c)” rating on shares of PepsiCo in a report on Monday, July 6th. Finally, Evercore set a $150.00 price objective on shares of PepsiCo in a research report on Thursday. 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. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $157.70.

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.