Spartan Wealth Advisory Services LLC Purchases Shares of 15,154 PepsiCo, Inc. $PEP

Spartan Wealth Advisory Services LLC acquired a new position in shares of PepsiCo, Inc. (NASDAQ:PEP) in the 1st quarter, HoldingsChannel reports. The fund acquired 15,154 shares of the company’s stock, valued at approximately $2,353,000.

Several other large investors also recently made changes to their positions in PEP. Swiss Life Asset Management Ltd lifted its holdings in PepsiCo by 11.4% in the 4th quarter. Swiss Life Asset Management Ltd now owns 415,271 shares of the company’s stock worth $59,600,000 after buying an additional 42,335 shares in the last quarter. Murphy Middleton Hinkle & Parker Inc. grew its stake in shares of PepsiCo by 622.3% during the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 35,603 shares of the company’s stock valued at $5,110,000 after acquiring an additional 30,674 shares in the last quarter. Allstate Corp increased its position in shares of PepsiCo by 108.1% during the fourth quarter. Allstate Corp now owns 104,723 shares of the company’s stock worth $15,030,000 after acquiring an additional 54,405 shares during the last quarter. National Pension Service lifted its stake in shares of PepsiCo by 2.5% in the fourth quarter. National Pension Service now owns 3,143,939 shares of the company’s stock worth $451,218,000 after acquiring an additional 77,051 shares in the last quarter. Finally, Knights of Columbus Asset Advisors LLC lifted its stake in shares of PepsiCo by 90.0% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 94,652 shares of the company’s stock worth $13,584,000 after acquiring an additional 44,824 shares in the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

Wall Street Analyst Weigh In

PEP has been the subject of a number of recent analyst reports. Jefferies Financial Group lowered their price objective on PepsiCo from $162.00 to $152.00 and set a “hold” rating for the company in a research note on Friday, July 10th. Deutsche Bank Aktiengesellschaft set a $155.00 target price on PepsiCo in a research report on Friday, July 10th. UBS Group set a $159.00 price target on shares of PepsiCo in a research report on Thursday, July 9th. Citigroup lowered shares of PepsiCo from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $170.00 to $145.00 in a research note on Friday, July 10th. Finally, Evercore set a $150.00 price target on shares of PepsiCo in a report on Thursday, July 9th. Seven research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, PepsiCo currently has a consensus rating of “Hold” and an average price target of $157.70.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo declared a quarterly dividend of $1.48 per share, a 4% increase from a year ago, which reinforces its appeal as a steady income stock. PepsiCo Declares Quarterly Dividend
• Positive Sentiment: PepsiCo India reported robust first-half growth and said it will set up a new food manufacturing facility in Tamil Nadu, signaling continued international expansion. PepsiCo India sees robust growth in H1
• Positive Sentiment: PepsiCo’s CEO said the company remains cautiously optimistic about the second half, citing resilient demand in the face of weather-related uncertainty. PepsiCo cautiously optimistic on H2 amid robust demand
• Neutral Sentiment: PepsiCo is drawing more investor attention, but the Zacks items are mostly watchlist-style coverage rather than new fundamental news. PepsiCo, Inc. (PEP) is Attracting Investor Attention
• Neutral Sentiment: PepsiCo is pushing sustainable sourcing further, saying 70% of ingredients now come from sustainable sources and targeting 90% by 2030, which supports long-term ESG goals but is unlikely to move the stock near term. PepsiCo (PEP) Pushes Sustainable Sourcing
• Negative Sentiment: Erste Group Bank trimmed PepsiCo’s FY2026 and FY2027 earnings estimates, adding to concern that profit growth may be slower than previously expected. PepsiCo estimate cuts
• Negative Sentiment: Broader commentary that U.S. grocery unit sales are falling suggests a tougher demand backdrop for PepsiCo and other packaged-food companies. U.S. grocery unit sales falling
• Negative Sentiment: Coverage noting that PepsiCo stock is near a one-year low highlights ongoing investor concern about the company’s growth and margin outlook. Why PepsiCo’s stock is at a 1-year low

PepsiCo Trading Down 1.7%

Shares of NASDAQ PEP opened at $137.12 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. The stock’s 50 day moving average price is $143.53 and its two-hundred day moving average price is $151.21. PepsiCo, Inc. has a 52-week low of $134.65 and a 52-week high of $171.48. The stock has a market capitalization of $187.15 billion, a P/E ratio of 17.97, a PEG ratio of 3.01 and a beta of 0.36.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, beating analysts’ consensus estimates of $2.19 by $0.01. The business had revenue of $24.18 billion during the quarter, compared to the consensus estimate of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, analysts anticipate that PepsiCo, Inc. will post 8.58 earnings per share for the current fiscal year.

PepsiCo Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th were given a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Friday, June 5th. This is an increase from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s payout ratio is 77.59%.

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.