Nichols & Pratt Advisers LLP MA Sells 4,210 Shares of PepsiCo, Inc. $PEP

Nichols & Pratt Advisers LLP MA lessened its position in PepsiCo, Inc. (NASDAQ:PEP) by 1.2% in the second quarter, HoldingsChannel reports. The fund owned 354,402 shares of the company’s stock after selling 4,210 shares during the quarter. PepsiCo makes up approximately 2.9% of Nichols & Pratt Advisers LLP MA’s holdings, making the stock its 14th largest holding. Nichols & Pratt Advisers LLP MA’s holdings in PepsiCo were worth $47,986,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. boosted its stake in PepsiCo by 0.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 224,176 shares of the company’s stock valued at $30,353,000 after purchasing an additional 605 shares during the last quarter. Hennessy Advisors Inc. lifted its stake in PepsiCo by 26.2% during the 2nd quarter. Hennessy Advisors Inc. now owns 74,841 shares of the company’s stock valued at $10,133,000 after acquiring an additional 15,541 shares in the last quarter. Greenwood Capital Associates LLC lifted its stake in PepsiCo by 1.0% during the 2nd quarter. Greenwood Capital Associates LLC now owns 11,122 shares of the company’s stock valued at $1,506,000 after acquiring an additional 106 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in PepsiCo by 4.9% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 11,817,684 shares of the company’s stock worth $1,600,114,000 after acquiring an additional 549,336 shares during the last quarter. Finally, New Mexico Educational Retirement Board grew its stake in shares of PepsiCo by 8.6% in the 2nd quarter. New Mexico Educational Retirement Board now owns 68,085 shares of the company’s stock worth $9,219,000 after acquiring an additional 5,400 shares in the last quarter. 73.07% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $139.54, for a total transaction of $404,666.00. Following the completion of the transaction, the executive vice president 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 Securities & Exchange Commission, which is available through this link. 0.12% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Evercore set a $150.00 price target on shares of PepsiCo in a research report on Thursday, July 9th. Bank of America decreased their price objective on shares of PepsiCo from $173.00 to $164.00 and set a “neutral” rating for the company in a research note on Thursday, June 25th. TD Cowen reissued a “hold” rating on shares of PepsiCo in a research report on Friday, August 28th. Morgan Stanley cut their target price on PepsiCo from $180.00 to $160.00 and set an “equal weight” rating on the stock in a research note on Friday, July 10th. Finally, Wells Fargo & Company decreased their price target on PepsiCo from $150.00 to $140.00 and set an “equal weight” rating for the company in a research report on Friday, July 10th. Seven investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, PepsiCo has an average rating of “Hold” and an average target price of $157.90.

PepsiCo Price Performance

Shares of NASDAQ PEP opened at $140.52 on Thursday. 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 stock has a fifty day simple moving average of $139.77 and a two-hundred day simple moving average of $148.81. PepsiCo, Inc. has a 1-year low of $133.73 and a 1-year high of $171.48. The firm has a market cap of $191.79 billion, a price-to-earnings ratio of 18.42, a price-to-earnings-growth ratio of 2.94 and a beta of 0.35.

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. The firm had revenue of $24.18 billion for the quarter, compared to analysts’ expectations of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Analysts anticipate that PepsiCo, Inc. will post 8.57 earnings per share for the current year.

PepsiCo Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be issued 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 4.2%. PepsiCo’s dividend payout ratio is 77.59%.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Bank of America reaffirmed a Neutral rating but maintained a $152 price target, implying potential upside from the recent trading level. The firm cited international strength as an offset to weakness in PepsiCo’s North American operations. PepsiCo analyst rating
• Positive Sentiment: Recent commentary highlights PepsiCo’s dividend appeal, defensive consumer-staples exposure and management’s reiterated revenue-growth targets. Its valuation and roughly higher yield than Coca-Cola may attract income-oriented investors, although the company still faces execution risks. PepsiCo revenue-growth targets
• Positive Sentiment: PepsiCo signed a seven-year, multimillion-dollar partnership with Arizona Athletic Grounds as its official soft-drink provider, supporting brand visibility and long-term distribution. Arizona Athletic Grounds partnership
• Neutral Sentiment: PepsiCo joined Mondelēz and pladis in a circular-packaging trial using watermarking technology. The initiative may improve sustainability credentials, but its near-term financial impact is unclear. Circular packaging trial
• Negative Sentiment: PepsiCo confirmed damage at a Ukrainian production facility following conflict-related events. No injuries were reported, but possible disruption, repair costs and lost production add uncertainty. Ukraine plant damage
• Negative Sentiment: Soft North American demand and category pressure remain the main concern. Analysts note snack-market share gains and beverage resilience, but investors are watching whether weakness is temporary or structural. PepsiCo North America demand
• Negative Sentiment: PepsiCo is reportedly cutting 105 warehouse jobs as part of additional U.S. distribution changes. The actions could improve efficiency, but also reinforce concerns about slowing demand and ongoing restructuring. Warehouse job cuts
• Negative Sentiment: The Obesity Action Coalition urged PepsiCo to continue employee coverage for GLP-1 obesity medicines. The dispute creates potential reputational and employee-relations risks, though the direct financial effect is uncertain. GLP-1 coverage dispute

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.