Thomasville National Bank Takes Position in PepsiCo, Inc. $PEP

Thomasville National Bank purchased a new position in shares of PepsiCo, Inc. (NASDAQ:PEP) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 12,412 shares of the company’s stock, valued at approximately $1,681,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PEP. Evergreen Advisors LLC purchased a new stake in shares of PepsiCo during the first quarter valued at approximately $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of PepsiCo in the fourth quarter valued at $26,000. Swiss RE Ltd. acquired a new stake in PepsiCo during the 4th quarter valued at $28,000. Imprint Wealth LLC purchased a new stake in PepsiCo during the 3rd quarter worth $31,000. Finally, Networth Advisors LLC lifted its holdings in PepsiCo by 2,857.1% in the 1st quarter. Networth Advisors LLC now owns 207 shares of the company’s stock worth $32,000 after buying an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s valuation is being highlighted as attractive after shares traded near a decade-low multiple. Analysts and financial commentators argue that the discounted valuation, solid brands and potential for earnings improvement could attract value-oriented investors. PepsiCo: A Behemoth Trading At A Decade-Low Valuation
• Positive Sentiment: The company’s appeal to income investors is strengthening after a 4% dividend increase, extending PepsiCo’s record of annual dividend growth to 54 consecutive years. Its yield and lower valuation than Coca-Cola could support buying interest. 54 Straight Years: Why PepsiCo Remains a Dividend Investor’s Anchor
• Positive Sentiment: PepsiCo is expanding beyond traditional snacks and beverages. The U.S. launch of Alvalle refrigerated gazpacho moves the company into fresh meals, while a new Tampa Bay Buccaneers beverage partnership adds a sports-marketing channel. PepsiCo Enters Fresh Meals With Its US Alvalle Gazpacho Launch
• Positive Sentiment: Recent commentary points to a product mix better aligned with consumer demand and a return to revenue growth, raising hopes that the second half of 2026 could become a recovery period for PepsiCo. PepsiCo Stock Has Stalled. Here Is Why the Second Half of 2026 Could Be Its Turning Point
• Neutral Sentiment: PepsiCo reported progress toward its pep+ sustainability goals, including efforts involving agriculture, emissions, packaging and products with lower sugar, sodium and saturated fat. The update may support its long-term brand positioning but is unlikely to materially change near-term earnings. PepsiCo Reports on Latest ESG Performance Towards pep+ Goals
• Negative Sentiment: Higher gasoline prices could leave consumers with less discretionary income, potentially pressuring demand for PepsiCo’s snacks and beverages. Comparisons with Coca-Cola also suggest PepsiCo faces a less favorable near-term operating outlook. Why Is PepsiCo in Focus as Gasoline Prices Pressure Consumers?

PepsiCo Stock Performance

Shares of PEP stock opened at $140.62 on Friday. The stock has a market capitalization of $191.93 billion, a price-to-earnings ratio of 18.43, a PEG ratio of 3.05 and a beta of 0.35. PepsiCo, Inc. has a one year low of $133.73 and a one year high of $171.48. The company’s 50-day simple moving average is $140.23 and its 200-day simple moving average is $150.64. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.74 and a current ratio of 0.93.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings data on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $23.95 billion. During the same period in the previous year, the company earned $0.92 earnings per share. PepsiCo’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. Equities analysts anticipate that PepsiCo, Inc. will post 8.57 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

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

Insider Activity

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

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on PEP shares. Deutsche Bank Aktiengesellschaft set a $155.00 target price on PepsiCo in a research note on Friday, July 10th. Bank of America lowered their price objective on PepsiCo from $173.00 to $164.00 and set a “neutral” rating for the company in a research note on Thursday, June 25th. Citigroup downgraded PepsiCo from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $170.00 to $145.00 in a report on Friday, July 10th. JPMorgan Chase & Co. reduced their target price on PepsiCo from $178.00 to $170.00 and set an “overweight” rating for the company in a research note on Wednesday, July 1st. Finally, Evercore set a $150.00 price target on shares of PepsiCo in a research report on Thursday, July 9th. Seven analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus 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.