PepsiCo to cut 105 warehouse jobs at Columbia facility
PepsiCo plans to eliminate 105 warehouse jobs at its Columbia, South Carolina facility by October 18, 2026. This decision comes as the company shifts the management of its warehouse operations to an external logistics provider, though the facility will remain open and fully operational. Affected employees, including warehouse persons and forklift operators, have been notified and will receive wages, benefits, and transition assistance.
Keurig Dr Pepper (KDP) Could Be 13% Below Fair Value As New Launches Meet Mixed Earnings
Keurig Dr Pepper (KDP) has recently launched a 7UP reformulation and a Dr Pepper Shake collaboration with Portillo’s, following a mixed quarterly earnings report. Despite these new initiatives, the stock is considered by some analysts to be 12.9% undervalued with a fair value estimate of $35.65, while others view it as expensive given its P/E ratio of 31.4x compared to industry averages. Investors are advised to weigh these mixed signals and assess the company's valuation against potential risks and opportunities.
Over 100 PepsiCo employees in Columbia facing permanent layoffs, documents show
Over 100 employees at PepsiCo's Columbia, S.C., Beverages Sales facility are facing permanent layoffs, according to a WARN report. The layoffs, effective October 18, 2026, come as PepsiCo shifts warehouse logistics management, though the facility will remain operational as a distribution site. PepsiCo stated it would provide support to affected employees, including assistance with new employment and benefits continuation.
PepsiCo bets on healthier versions of legacy brands
PepsiCo is shifting its nutrition strategy beyond merely reducing sugar, salt, and fat, by actively incorporating beneficial ingredients like fiber and protein into its core brands. The company's 2025 ESG report indicates it has exceeded its goals for reducing added sugars, sodium, and saturated fats, while also introducing functional products such as Pepsi Prebiotic Cola and Gatorade Lower Sugar. This approach leverages the familiarity of legacy brands to meet growing consumer demand for health-conscious options, focusing on gut health, satiety, and hydration.
Hussman Strategic Advisors Inc. Increases Stock Holdings in PepsiCo, Inc. $PEP
Hussman Strategic Advisors Inc. significantly increased its stake in PepsiCo, Inc. by 260% in the second quarter, making PepsiCo its largest holding with shares valued at over $5.1 million. Despite this, analysts maintain a cautious "Hold" rating for PepsiCo, with an average price target of $157.90. The company recently surpassed quarterly earnings and revenue expectations and announced a quarterly dividend of $1.48 per share, yielding 4.2%.
Lummis Asset Management LP Lowers Position in PepsiCo, Inc. $PEP
Lummis Asset Management LP reduced its stake in PepsiCo, Inc. by 43.9% in the second quarter, selling 7,545 shares and retaining 9,647 shares valued at $1.31 million. Despite this, institutional investors collectively own 73.07% of PepsiCo. The company reported strong quarterly earnings and revenue, exceeding analyst estimates, and declared a quarterly dividend of $1.48 per share, yielding 4.2%.
PepsiCo, Inc. $PEP Shares Sold by Summit Global Investments
Summit Global Investments reduced its stake in PepsiCo (NASDAQ:PEP) by 35.9% in the second quarter, selling 21,778 shares and retaining 38,932 shares worth $5.27 million. Despite other institutional investors adjusting their positions, analysts maintain a "Hold" rating for PepsiCo with an average price target of $157.90. PepsiCo reported strong quarterly earnings and revenue, exceeding estimates, and declared a quarterly dividend of $1.48 per share.
Citizens Business Bank Acquires Shares of 7,404 PepsiCo, Inc. $PEP
Citizens Business Bank recently acquired 7,404 shares of PepsiCo, Inc. (NASDAQ:PEP) valued at approximately $1.003 million during the second quarter. This move is part of broader institutional investor activity, with several other hedge funds also adjusting their holdings in PepsiCo. The company recently exceeded quarterly earnings and revenue expectations, and declared a quarterly dividend of $1.48 per share, while analysts maintain a consensus "Hold" rating on the stock.
Everett Harris & Co. CA Sells 11,423 Shares of PepsiCo, Inc. $PEP
Everett Harris & Co. CA reduced its stake in PepsiCo (NASDAQ:PEP) by 3.1%, selling 11,423 shares but still holding 356,791 shares valued at $48.3 million. Despite this, institutional investors collectively own 73.07% of PepsiCo. The company reported strong Q2 earnings with EPS of $2.20 and revenue up 6.4% year-over-year, alongside a declared quarterly dividend of $1.48 per share.
Keurig Dr Pepper stock rating resumed at Overweight by Morgan Stanley
Morgan Stanley has resumed coverage on Keurig Dr Pepper (NASDAQ:KDP) with an Overweight rating and a price target of $38.00, suggesting a 22% upside. The firm believes the current valuation doesn't fully reflect the value of its North American refreshment beverage business, with a planned separation into independent Beverage Co. and Global Coffee Co. in early 2027 acting as a key catalyst. The rating is supported by strong carbonated soft drink and energy category growth, solid pricing, and building contributions from distribution partnerships.
Keurig Dr Pepper stock rating resumed at Overweight by Morgan Stanley
Morgan Stanley has resumed coverage on Keurig Dr Pepper Inc. (NASDAQ:KDP) with an Overweight rating and a $38 price target, citing potential for value unlocking through planned separation into independent beverage and global coffee companies in early 2027. The firm highlighted strong growth in carbonated soft drinks and energy categories, solid pricing, and building contributions from distribution partnerships. This follows Keurig Dr Pepper's strong second-quarter 2026 results and recent appointment of Aaron Alt to its board.
Cleveland-Cliffs (NYSE: CLF): Can Execution Strengthen the Steel Story?
This article examines how Cleveland-Cliffs' operational execution, including commodity exposure, production efficiency, cost management, and capital allocation, can strengthen its position in the steel and mining sector. It highlights the importance of financial resilience and disciplined planning in navigating market changes and improving the company's long-term business outlook. The author emphasizes that company-specific execution will be a more significant market signal than broader index movements.
Why Is Cronos Group (NASDAQ:CRON) Drawing a New Wave of Attention?
This article examines why Cronos Group (NASDAQ:CRON) is attracting renewed interest, focusing on regulatory exposure, brand performance, cash preservation, market share, pricing pressure, portfolio focus, international operations, and balance-sheet flexibility within the cannabis sector. It emphasizes connecting company-specific information with critical operating themes rather than relying solely on general market movements. The piece suggests that consistent execution and alignment between disclosures and market narrative are crucial for building confidence in Cronos Group's story.
Hershey expands Halloween lineup with salty snacks in 2026
Hershey is expanding its 2026 Halloween product line to include salty snacks like popcorn, cheese puffs, and pretzels, in addition to its traditional chocolates and candies. This move responds to a growing consumer preference for healthier options, as evidenced by the significant growth in Hershey's Zero Sugar candy business. The company's vice president for demand creation, Daniel Mohnshine, noted that while chocolate remains popular, new salty snack brands like SkinnyPop and Pirate's Booty will join the seasonal offering, with AI accelerating product development and an extended Halloween shopping season driving the broader lineup.
PepsiCo, Inc. $PEP Position Increased by Jennison Associates LLC
Jennison Associates LLC significantly increased its stake in PepsiCo, Inc. by 58.5% in the second quarter, bringing its total holdings to 838,558 shares valued at $113.5 million. This move highlights continued institutional interest in PepsiCo, which also saw several other firms boost their positions. Despite cautious analyst ratings with a "Hold" consensus, PepsiCo reported strong quarterly earnings, beating estimates with $2.20 EPS and $24.18 billion in revenue, and maintains a substantial annualized dividend yield of 4.2%.
Massachusetts Financial Services Co. MA Lowers Position in PepsiCo, Inc. $PEP
Massachusetts Financial Services Co. MA reduced its stake in PepsiCo, Inc. by 11.2% in the second quarter of 2026, selling over 812,000 shares but still retaining a significant holding valued at $887.4 million. The article notes that institutional investors own a substantial portion of PepsiCo, which recently reported strong quarterly earnings and declared a quarterly dividend of $1.48 per share. Despite a consensus "Hold" rating from analysts with a target price of $157.90, the stock is currently trading below its 52-week high, and the company faces both positive and negative sentiments regarding its dividend, marketing, sustainability efforts, competitive pressures, and presence in Russia.
Narwhal Capital Management Sells 12,204 Shares of PepsiCo, Inc. $PEP
Narwhal Capital Management reduced its stake in PepsiCo, Inc. by 21.8% in the second quarter, selling 12,204 shares and retaining 43,887 shares valued at $5.94 million. PepsiCo reported strong quarterly earnings and revenue, exceeding analyst expectations, and declared a quarterly dividend of $1.48 per share. Institutional investors hold 73.07% of the company's stock, and analysts maintain a consensus "Hold" rating with an average price target of $157.90.
Carrera Capital Advisors Buys Shares of 37,169 PepsiCo, Inc. $PEP
Carrera Capital Advisors recently acquired 37,169 shares of PepsiCo, Inc. (NASDAQ:PEP) valued at approximately $5.03 million, making it their 20th-largest holding. PepsiCo reported strong quarterly earnings, beating analyst estimates with $2.20 EPS and $24.18 billion in revenue, and announced a quarterly dividend of $1.48 per share. Despite positive sentiment around its dividend and potential AI marketing transformation, analysts currently rate the stock as a "Hold" with an average price target of $157.90.
26,190,487 Shares in Yum! Brands, Inc. $YUM Acquired by BlackRock Inc.
BlackRock Inc. has acquired a new position of 26,190,487 shares in Yum! Brands, Inc. (NYSE:YUM) during the second quarter, valued at approximately $4.19 billion, making it the largest institutional holder with about 9.50% ownership. Other institutional investors also adjusted their holdings in YUM, and the company has received a "Moderate Buy" consensus rating from analysts with a target price of $174.65. Yum! Brands' CEO and other executives have recently sold shares, and the company announced a $4.00 billion stock repurchase program.
Bartlett & CO. Wealth Management LLC Decreases Position in PepsiCo, Inc. $PEP
Bartlett & CO. Wealth Management LLC reduced its stake in PepsiCo, Inc. by 2.2% in the second quarter, selling 11,600 shares but still holding 524,156 shares valued at $71.0 million. Institutional investors collectively own a significant portion (73.07%) of PepsiCo. Despite exceeding quarterly earnings and revenue expectations, PepsiCo faces cautious analyst sentiment due to softer North American demand and increased competition, with an average "Hold" rating and a consensus price target of $157.90.
IFT's Feeding Tomorrow Fund and PepsiCo Award Hybrid Scholarship to Razi
Noor Aliah Binti Ahmad Razi, a third-year food technology student from Universiti Tun Hussein Onn Malaysia, received a $6,000 hybrid scholarship from IFT's Feeding Tomorrow Fund and PepsiCo. The scholarship covered academic costs and travel to IFT FIRST, the leading food science and innovation expo. Razi's passion for food science and strong academic record impressed the selection committee, and she found the experience at IFT FIRST to be highly inspiring and educational.
PepsiCo Inc. stock underperforms Tuesday when compared to competitors despite daily gains
On Tuesday, PepsiCo Inc. (PEP) stock rose by 1.37% to $140.13, despite a general downturn in the stock market where the S&P 500 and Dow Jones Industrial Average both fell. However, the company's stock still underperformed compared to its competitors, closing 18.28% below its 52-week high.
The Zacks Analyst Blog Highlights PepsiCo, Keurig Dr Pepper and Coca-Cola
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PepsiCo said it would leave Russia. Last year, it paid $237 million to the state
Despite announcing its intention to suspend operations in Russia following the 2022 invasion of Ukraine, PepsiCo reportedly paid $237 million in income tax to the Russian state last year. The company remains a major foreign business in Russia with 60,000 workers and 19 factories, continuing to produce beverages and "essential" food products, leading to criticism and its inclusion on Ukraine's list of international sponsors of the war. PepsiCo's deep historical ties to Russia, dating back to the Soviet era, and its significant market presence suggest it has no immediate plans to fully withdraw, making it a focus of international pressure.
The Zacks Analyst Blog Highlights PepsiCo, Keurig Dr Pepper and Coca-Cola
The Zacks Analyst Blog discusses brand refresh strategies by PepsiCo, Keurig Dr Pepper, and Coca-Cola to adapt to changing consumer preferences and tighter budgets. PepsiCo is modernizing brands like Lay's and Gatorade and expanding into healthier options
Macy’s Kicks Off the 100-Day Countdown to the 100th Macy’s Thanksgiving Day Parade®
Macy's is launching a 100-day countdown to its 100th Thanksgiving Day Parade, inviting customers to celebrate this centennial milestone. The parade will feature a record-breaking 100 inflatable elements, including new characters and the return of favorites like Underdog and Felix the Cat, alongside a new float honoring Tony Sarg. Macy's will also offer exclusive merchandise collaborations and educational partnerships with Khan Academy.
Einride adds 500 Tesla Semis to North American fleet
Einride AB is significantly expanding its North American fleet by adding 500 Tesla Semi heavy-duty trucks over the next two years, marking the largest deployment of these electric vehicles to date. This move will triple Einride's deployed fleet and help Tesla transition its Semi program from pilot projects to commercial freight operations, despite challenges in electric truck adoption. The phased deployment is set to begin next month, serving key customers like Amazon.
The Zacks Analyst Blog Highlights PepsiCo, Keurig Dr Pepper and Coca-Cola
This Zacks Analyst Blog highlights how PepsiCo, Keurig Dr Pepper, and Coca-Cola are adapting their brand strategies to changing consumer preferences. PepsiCo is refreshing its portfolio with new visuals and healthier options, while Keurig Dr Pepper and Coca-Cola are focusing on portfolio prioritization and innovation in high-growth beverage categories. The article also provides a brief analysis of PepsiCo's recent stock performance, valuation, and earnings estimates.
Hershey Shares Drop 1.7% as Margin Rebound Faces Pressure from El Niño Effects
Hershey's shares fell by 1.7% amid concerns that an intensifying El Niño could increase cocoa prices and pressure the company's recently improved gross margins. Despite a strong prior quarter driven by price increases, meteorologists predict a high likelihood of a severe El Niño, historically linked to reduced cocoa production, posing a risk to Hershey's profitability. While Hershey has not adjusted its 2026 outlook based on El Niño, investors are advised to monitor weather conditions and cocoa prices closely.
Vest Financial LLC Has $46.58 Million Stock Position in PepsiCo, Inc. $PEP
Vest Financial LLC reduced its stake in PepsiCo, Inc. by 10.2% in the second quarter, selling 39,118 shares but still retaining 343,997 shares valued at approximately $46.6 million. Despite this reduction, institutional investors collectively own 73.07% of PEP. PepsiCo exceeded quarterly expectations with adjusted EPS of $2.20 and revenue of $24.18 billion, and has guided for fiscal 2026 EPS of $8.55–$8.71.
D.A. Davidson & CO. Trims Stock Position in PepsiCo, Inc. $PEP
D.A. Davidson & CO. reduced its stake in PepsiCo, Inc. by 6.1% in the second quarter, now owning 491,937 shares valued at $66.6 million. PepsiCo recently surpassed earnings and revenue forecasts, reporting $2.20 EPS and $24.18 billion in revenue, and projected fiscal 2026 EPS between $8.55 and $8.71. The company also declared a quarterly dividend of $1.48 per share, resulting in a 4.3% annualized yield, while analysts maintain a consensus "Hold" rating with an average price target of $157.90.
Benjamin Edwards Inc. Raises Stock Holdings in PepsiCo, Inc. $PEP
Benjamin Edwards Inc. significantly increased its stake in PepsiCo, Inc. by 44.0% in the second quarter, bringing its total holdings to 117,286 shares valued at $15.88 million. This move is part of a broader trend of institutional investors adjusting their positions in PepsiCo. The article also details PepsiCo's recent financial performance, dividend announcement, insider transactions, and analyst ratings, highlighting both positive and negative sentiments regarding the company's market position and future outlook.
Rep. Richard McCormick Sells Off Shares of Emerson Electric Co. (NYSE:EMR)
Representative Richard McCormick recently sold between $1,001 and $15,000 worth of Emerson Electric Co. shares from his Growth Partners Roth IRA on July 30th, 2026. He also divested similar amounts from ten other companies, including Medtronic and PepsiCo. This insider selling activity comes after Emerson reported strong quarterly earnings, beating analyst expectations, and declared a quarterly dividend of $0.555 per share.
Rep. Richard McCormick Sells Analog Devices, Inc. (NASDAQ:ADI) Shares
Representative Richard McCormick recently sold $1,001–$15,000 worth of Analog Devices (NASDAQ: ADI) shares from his Roth IRA on July 30, along with similar sales in 10 other companies. Despite analysts maintaining a "Moderate Buy" rating with a $441 average price target for Analog Devices, company insiders have sold over $42 million in shares within the last 90 days. The semiconductor company reported strong quarterly earnings, beating estimates with $3.09 EPS and $3.62 billion in revenue, and provided optimistic Q3 guidance.
Rep. Richard McCormick Sells Off Shares of Costco Wholesale Corporation (NASDAQ:COST)
Representative Richard McCormick recently sold $1,001–$15,000 worth of Costco Wholesale Corporation stock from his GROWTH PARTNERS ROTH IRA on July 30th, alongside similar sales in ten other companies. Costco shares were trading around $953.50, and the company recently paid a $1.47 quarterly dividend. Analysts generally hold a "Moderate Buy" rating for Costco, citing membership growth and expansion plans, but caution about its high valuation at nearly 48 times earnings.
L3Harris Technologies (NYSE:LHX) Stock Sold Off Rep. Richard McCormick
Representative Richard McCormick recently sold $1,001–$15,000 worth of L3Harris Technologies (NYSE:LHX) shares on July 30th from his Growth Partners Roth IRA, alongside sales of several other blue-chip stocks. Despite beating quarterly earnings and revenue estimates and declaring a quarterly dividend, LHX shares opened down 4.7%. The company is also navigating a recent CEO transition due to a conduct violation, which has raised governance concerns.
Rep. Richard McCormick Unloads Johnson & Johnson (NYSE:JNJ) Stock
Rep. Richard McCormick (Republican-Georgia) recently sold between $1,001 and $15,000 worth of Johnson & Johnson (NYSE:JNJ) stock on July 30, 2026, from his Growth Partners Roth IRA. He also divested similarly sized positions in ten other major companies, including Medtronic, PepsiCo, and Home Depot, on the same date. This comes as Johnson & Johnson reported strong quarterly earnings, beating estimates and reaffirming its 2026 EPS guidance, alongside announcing a quarterly dividend.
Rep. Richard McCormick Sells Off Procter & Gamble Company (The) (NYSE:PG) Stock
Representative Richard McCormick (Republican-Georgia) recently sold between $1,001 and $15,000 worth of Procter & Gamble (NYSE: PG) stock from his Growth Partners Roth IRA on July 30th. This sale was part of a broader divestment, as he also sold similarly sized portions of nine other stocks on the same date. Despite the stock sale, analysts maintain a "Moderate Buy" consensus for Procter & Gamble, with an average price target of $161.52.
Rep. Richard McCormick Sells Shares of BlackRock (NYSE:BLK)
Representative Richard McCormick recently sold between $1,001 and $15,000 worth of BlackRock (NYSE: BLK) shares from his Roth IRA on July 30th, alongside shares in ten other companies. BlackRock reported strong quarterly results with higher-than-expected EPS and revenue, and declared a quarterly dividend. Analysts generally maintain a "Buy" rating on BlackRock, though concerns exist regarding potential insurance gaps for a joint data-center project.
Rep. Richard McCormick Unloads Walmart Inc. (NASDAQ:WMT) Stock
Representative Richard McCormick (Republican-Georgia) sold between $1,001 and $15,000 worth of Walmart Inc. (NASDAQ:WMT) stock on July 30th, along with similarly sized sales in ten other major companies. Despite this insider selling, analyst sentiment for Walmart remains generally positive with a "Moderate Buy" rating and an average price target of $138.50, although concerns about valuation and fuel prices persist. Walmart recently reported strong quarterly revenue growth and reaffirmed its fiscal 2027 adjusted EPS guidance.
Rep. Richard McCormick Unloads Shares of Cisco Systems, Inc. (NASDAQ:CSCO)
Representative Richard McCormick recently sold between $1,001 and $15,000 worth of Cisco Systems (NASDAQ:CSCO) shares from his Growth Partners Roth IRA on July 30th, alongside similar sales in ten other companies. This transaction occurred despite Cisco reporting a strong quarter with revenue up 17.6% year-over-year and beating EPS estimates, though its shares have since declined and HSBC downgraded the stock to Hold. The company also declared a quarterly dividend of $0.42 per share.
Here's Why PepsiCo (PEP) Fell More Than Broader Market
PepsiCo (PEP) stock fell 1.82% while the broader S&P 500, Dow, and Nasdaq experienced smaller losses. Despite this daily dip, PepsiCo's shares had outperformed the Consumer Staples sector over the past month. Investors are looking forward to its upcoming earnings report, where analysts project a modest earnings growth and a 4.1% revenue increase.
PepsiCo Inc. stock underperforms Monday when compared to competitors
Shares of PepsiCo Inc. (PEP) fell by 1.81% to $138.24 on Monday, underperforming the broader market which also saw declines in the S&P 500 Index and Dow Jones Industrial Average. This drop ended a four-day winning streak for the stock.
Jeff Minges retires with PepsiCo Lifetime Achievement Award
Jeff Minges, President and Chief Executive Officer of Minges Bottling Group, has retired and received the PepsiCo Lifetime Achievement Award. This award recognizes his exceptional service, partnership, community involvement, and contributions to the Pepsi System over five decades. Minges expressed humility and pride in leading the family enterprise and noted the company's future is secure with a fourth-generation executive team in place.
PepsiCo is conducting an AI marketing transformation review
PepsiCo is currently reviewing its AI marketing transformation services, a pitch that has garnered significant interest from both agencies and consultancies. The food and beverage giant's initiative highlights a growing trend among major brands to integrate artificial intelligence into their marketing strategies. This move reflects the evolving landscape of advertising and the increasing importance of AI in competitive markets.
Coca-Cola's Volume vs Price Mix: What's Driving Growth Now?
Coca-Cola's growth is shifting towards a more balanced approach, with volume playing a larger role alongside pricing, as seen in its Q2 2026 results. Organic revenues grew 6% with a 5% increase in unit case volume, driven by broad-based volume momentum and brand activation, rather than solely relying on pricing. Peers PepsiCo and Monster Beverage also show varying degrees of volume and price/mix contributions to their growth, with Coca-Cola's growth strategy becoming healthier and more diversified.
PepsiCo's Brand Refresh: Is it Enough to Win Back Consumers?
PepsiCo is undertaking a significant brand refresh to adapt to changing consumer preferences and budget constraints, particularly in North America. This strategy involves modernizing established brands like Lay's, Tostitos, Quaker, and Gatorade with new visuals, ingredient messaging, and product innovations focusing on health-aligned categories. While early signs show improved household penetration in foods, sustained volume growth, especially in beverages, will depend on the success of these initiatives amid a challenging economic environment.
PepsiCo's Brand Refresh: Is it Enough to Win Back Consumers?
PepsiCo is undertaking a significant brand refresh across its portfolio, including Lay's, Tostitos, Quaker, and Gatorade, to adapt to changing consumer preferences and budget constraints, particularly in North America. The strategy focuses on modernizing brands, product innovation in categories like protein and fiber, affordability, and sharper marketing efforts. While early indicators like improved volume share in foods are positive, sustained success will depend on these initiatives translating into consistent volume growth amidst competitive efforts from peers like Keurig Dr Pepper and Coca-Cola, and given PepsiCo's recent stock performance and valuation.
PepsiCo ups delivery of diverse ingredients
PepsiCo delivered 79 billion portions of diverse food ingredients in 2025, reaching over halfway to its 2030 goal of 145 billion portions annually. The company also exceeded several 2025 nutritional goals, expanded regenerative agriculture to 4.7 million acres, and achieved 96% renewable energy in company-owned operations. These efforts are part of PepsiCo's pep+ sustainability agenda, aiming to strengthen its business for the long term.
How Olipop hit $500M in revenue and beat Pepsi's Poppi: Fmr CEO
Olipop's former CEO, Ben Goodwin, discusses the brand's impressive growth to over $500 million in revenue, surpassing Poppi after PepsiCo's acquisition. Goodwin attributes Olipop's success to its authenticity, health credentials, and consumers' skepticism towards health products from "Big Soda" giants like Coke and Pepsi. He emphasizes Olipop's position as a category creator and leader in the health-conscious beverage market.
