Sequoia Financial Advisors LLC Sells 7,926 Shares of PepsiCo, Inc. $PEP

11 Jul 2026, 12:35 by Jessica Moore · The Cerbat Gem

Sequoia Financial Advisors LLC trimmed its stake in PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 6.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 120,353 shares of the company’s stock after selling 7,926 shares during the period. Sequoia Financial Advisors LLC’s holdings in PepsiCo were worth $18,690,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of PepsiCo during the 4th quarter worth approximately $26,000. Swiss RE Ltd. purchased a new position in PepsiCo in the fourth quarter worth $28,000. MH & Associates Securities Management Corp ADV acquired a new position in shares of PepsiCo during the fourth quarter worth $29,000. Imprint Wealth LLC purchased a new stake in shares of PepsiCo during the 3rd quarter valued at $31,000. Finally, Networth Advisors LLC boosted its position in shares of 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 purchasing an additional 200 shares in the last quarter. Institutional investors own 73.07% of the company’s stock.

PepsiCo Price Performance

Shares of PepsiCo stock traded down $0.48 on Friday, reaching $137.38. The company’s stock had a trading volume of 9,071,253 shares, compared to its average volume of 9,517,085. PepsiCo, Inc. has a 52-week low of $133.75 and a 52-week high of $171.48. The company has a market capitalization of $187.77 billion, a P/E ratio of 21.57, a PEG ratio of 2.78 and a beta of 0.36. The company has a quick ratio of 0.72, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. The stock has a 50-day moving average price of $145.42 and a 200-day moving average price of $151.46.

PepsiCo (NASDAQ:PEP – Get Free Report) last released its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (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 net margin of 10.78% and a return on equity of 54.63%. The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Analysts expect that PepsiCo, Inc. will post 8.62 EPS for the current year.

PepsiCo Increases Dividend

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

Key PepsiCo News

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.

Wall Street Analyst Weigh In

A number of research firms have commented on PEP. Barclays decreased their price target on PepsiCo from $144.00 to $138.00 and set an “equal weight” rating for the company in a research note on Friday. Wells Fargo & Company cut their price objective on PepsiCo from $150.00 to $140.00 and set an “equal weight” rating on the stock in a report on Friday. The Goldman Sachs Group upped their price objective on shares of PepsiCo from $180.00 to $183.00 and gave the company a “buy” rating in a report on Friday, April 17th. JPMorgan Chase & Co. reduced their target price on shares of PepsiCo from $178.00 to $170.00 and set an “overweight” rating for the company in a report on Wednesday, July 1st. Finally, Wall Street Zen lowered shares of PepsiCo from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Seven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, PepsiCo has a consensus rating of “Hold” and an average price target of $157.70.

Read Our Latest Report on PEP

PepsiCo Company Profile

(Free Report)

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.