Rockland Trust Co. Has $48.44 Million Stock Position in PepsiCo, Inc. $PEP

Rockland Trust Co. boosted its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 1.3% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 357,750 shares of the company’s stock after acquiring an additional 4,647 shares during the quarter. PepsiCo makes up approximately 1.9% of Rockland Trust Co.’s holdings, making the stock its 12th biggest holding. Rockland Trust Co.’s holdings in PepsiCo were worth $48,439,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of PepsiCo by 8.8% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 5,708 shares of the company’s stock worth $773,000 after acquiring an additional 461 shares during the last quarter. Beacon Investment Advisory Services Inc. grew its holdings in shares of PepsiCo by 17.3% during the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 56,650 shares of the company’s stock valued at $7,670,000 after purchasing an additional 8,374 shares during the last quarter. Eldred Rock Partners LLC lifted its stake in PepsiCo by 6.5% in the 2nd quarter. Eldred Rock Partners LLC now owns 97,005 shares of the company’s stock valued at $13,134,000 after purchasing an additional 5,944 shares during the last quarter. Aurora Investment Managers LLC. acquired a new stake in PepsiCo in the second quarter valued at approximately $497,000. Finally, Professional Advisory Services Inc. grew its stake in shares of PepsiCo by 17.0% during the second quarter. Professional Advisory Services Inc. now owns 194,772 shares of the company’s stock worth $26,372,000 after buying an additional 28,358 shares during the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Trading Up 0.4%

PEP opened at $139.02 on Friday. PepsiCo, Inc. has a twelve month low of $133.73 and a twelve month high of $171.48. The company has a fifty day moving average of $140.48 and a 200-day moving average of $150.80. The stock has a market cap of $189.75 billion, a PE ratio of 18.22, a price-to-earnings-growth ratio of 3.04 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 (NASDAQ:PEP) last issued 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 net margin of 10.78% and a return on equity of 54.63%. The business 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. The business’s quarterly 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, sell-side analysts predict that PepsiCo, Inc. will post 8.57 EPS for the current year.

PepsiCo Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors 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 annualized dividend and a yield of 4.3%. PepsiCo’s dividend payout ratio (DPR) is currently 77.59%.

Insiders Place Their Bets

In other PepsiCo news, EVP David Flavell sold 2,900 shares of PepsiCo 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 completion of the sale, the executive vice president directly owned 74,825 shares in the company, valued at approximately $10,441,080.50. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.12% of the company’s stock.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Valuation-focused analysis suggests PEP may be trading below its estimated intrinsic value based on discounted cash flow and traditional market multiples. The decline may have already lowered investor expectations, creating potential upside if execution improves. PepsiCo Stock Looks Reasonable As Shares Fell 16% In 3 Years
• Positive Sentiment: PepsiCo’s price-pack strategy is reportedly helping revive U.S. salty-snack volumes. Sustained volume improvement through late 2026 and into 2027 could support revenue growth and earnings momentum. Can PepsiCo’s Price-Pack Strategy Successfully Boost Volumes in 2026?
• Positive Sentiment: Wall Street analysts remain moderately optimistic despite PEP’s underperformance versus the broader market. Its dividend yield above 4% and relatively modest valuation also make the shares appealing to income-oriented investors. Are Wall Street Analysts Predicting PepsiCo Stock Will Climb or Sink?
• Neutral Sentiment: PepsiCo is launching its Alvalle gazpacho brand in the United States, adding another product opportunity, although the near-term financial impact is likely limited. PepsiCo Launching Alvalle Gazpacho in U.S.
• Negative Sentiment: Commentary highlights PepsiCo’s weaker domestic sales and its lagging performance relative to Coca-Cola, reinforcing concerns that U.S. consumers may be resisting price increases or shifting spending. PepsiCo Lags Coca-Cola as Domestic Sales Stumble
• Negative Sentiment: PepsiCo’s dividend payout has approached 90% of free cash flow, raising questions about long-term dividend flexibility despite recent earnings acceleration. PepsiCo’s 90% Payout Ratio Looks Unsustainable
• Negative Sentiment: India’s food regulator will not extend the deadline for energy-drink labeling requirements affecting PepsiCo and other beverage makers, potentially increasing compliance costs or limiting marketing flexibility. FSSAI Won’t Ease Energy Drink Label Deadline

Analyst Ratings Changes

A number of research analysts have recently commented on the company. HSBC increased their price target on PepsiCo from $175.00 to $176.00 and gave the company a “hold” rating in a research note on Friday, April 17th. Wall Street Zen cut PepsiCo from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Deutsche Bank Aktiengesellschaft set a $155.00 price target on PepsiCo in a research note on Friday, July 10th. UBS Group set a $159.00 price objective on shares of PepsiCo in a report on Thursday, July 9th. Finally, Barclays lifted their price target on shares of PepsiCo from $138.00 to $142.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Seven investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $157.90.

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.