Aspen Investment Management Inc raised its position in PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 30.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 16,131 shares of the company’s stock after purchasing an additional 3,755 shares during the period. Aspen Investment Management Inc’s holdings in PepsiCo were worth $2,315,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently modified their holdings of PEP. AQR Capital Management LLC lifted its position in shares of PepsiCo by 120.7% during the 3rd quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock valued at $830,902,000 after acquiring an additional 3,235,726 shares during the period. Amundi lifted its position in shares of PepsiCo by 30.0% during the 3rd quarter. Amundi now owns 8,641,588 shares of the company’s stock valued at $1,207,230,000 after acquiring an additional 1,995,362 shares during the period. Vanguard Group Inc. lifted its position in shares of PepsiCo by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company’s stock valued at $19,875,205,000 after acquiring an additional 1,612,652 shares during the period. Caisse de depot et placement du Quebec lifted its position in shares of PepsiCo by 151.7% during the 3rd quarter. Caisse de depot et placement du Quebec now owns 2,597,986 shares of the company’s stock valued at $364,861,000 after acquiring an additional 1,565,883 shares during the period. Finally, SG Americas Securities LLC lifted its position in shares of PepsiCo by 406.0% during the 4th quarter. SG Americas Securities LLC now owns 1,789,959 shares of the company’s stock valued at $256,895,000 after acquiring an additional 1,436,216 shares during the period. Institutional investors and hedge funds own 73.07% of the company’s stock.
PepsiCo Stock Performance
Shares of PEP stock opened at $149.29 on Thursday. The firm has a market capitalization of $204.05 billion, a PE ratio of 23.44, a price-to-earnings-growth ratio of 2.73 and a beta of 0.38. The firm has a fifty day simple moving average of $154.60 and a two-hundred day simple moving average of $152.45. The company has a current ratio of 0.90, a quick ratio of 0.72 and a debt-to-equity ratio of 1.98. PepsiCo, Inc. has a 12 month low of $127.60 and a 12 month high of $171.48.
PepsiCo announced that its board has initiated a stock buyback program on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in shares. This repurchase authorization permits the company to buy up to 4.7% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.
PepsiCo Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th will be paid a $1.48 dividend. This represents a $5.92 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Friday, June 5th. This is a positive change from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s dividend payout ratio (DPR) is currently 89.32%.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on PEP shares. Evercore boosted their target price on shares of PepsiCo from $165.00 to $170.00 in a research report on Friday, April 17th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of PepsiCo from $169.00 to $173.00 and gave the company a “buy” rating in a research report on Friday, April 17th. JPMorgan Chase & Co. boosted their target price on shares of PepsiCo from $172.00 to $178.00 and gave the company an “overweight” rating in a research report on Friday, April 17th. UBS Group dropped their target price on shares of PepsiCo from $190.00 to $186.00 and set a “buy” rating on the stock in a research report on Tuesday, April 7th. Finally, The Goldman Sachs Group boosted their price target on shares of PepsiCo from $180.00 to $183.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $170.11.
Read Our Latest Research Report on PepsiCo
Trending Headlines about PepsiCo
Here are the key news stories impacting PepsiCo this week:
- Positive Sentiment: Analysts and market commentary continue to highlight PepsiCo’s portfolio reset, pricing power, and innovation in zero-sugar, functional, and “better-for-you” snacks and drinks as potential growth drivers. Article Title
- Positive Sentiment: PepsiCo India plans to invest Rs 5,700 crore through 2030 to expand capacity, which could support long-term growth in an important international market. Article Title
- Neutral Sentiment: At the annual meeting, shareholders elected David W. Gibbs to the board and rejected proposals for an independent board chair and additional human-rights and animal-welfare reporting, suggesting governance issues remain in focus but are not a major near-term catalyst. Article Title
- Neutral Sentiment: Commentary comparing PepsiCo with Coca-Cola underscores that PEP is working to balance pricing power and distribution scale against margin pressure from higher input and operating costs. Article Title
- Negative Sentiment: Multiple reports say PepsiCo plans to raise prices on some smaller chip bags because of higher production, distribution, and retail expenses in the U.S., which may raise concerns about volume softness if consumers push back. Article Title
- Negative Sentiment: Wells Fargo reportedly cut its price target on PepsiCo to $160, adding to the cautious tone around near-term margins and execution. Article Title
About PepsiCo
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.
Featured Articles
- Five stocks we like better than PepsiCo
- From Zepbound to Foundayo: Lilly’s Latest Results Support Oral GLP-1 Outlook
- AI Consolidation Begins: Blackstone & Google Forge an AI Empire
- USA Rare Earth Posts Strong Q1 2026 as Massive Serra Vera Deal Looms
- 3 Space Infrastructure Stocks Gaining Momentum Ahead of the SpaceX IPO
Want to see what other hedge funds are holding PEP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PepsiCo, Inc. (NASDAQ:PEP – Free Report).
Receive News & Ratings for PepsiCo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PepsiCo and related companies with MarketBeat.com's FREE daily email newsletter.
