Harbour Investments Inc. raised its stake in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 49.7% in the 4th quarter, Holdings Channel reports. The firm owned 33,774 shares of the company’s stock after purchasing an additional 11,215 shares during the quarter. Harbour Investments Inc.’s holdings in PepsiCo were worth $4,847,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of the stock. Vanguard Group Inc. raised its position in PepsiCo by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company’s stock worth $19,875,205,000 after purchasing an additional 1,612,652 shares during the last quarter. State Street Corp raised its position in shares of PepsiCo by 1.8% in the 3rd quarter. State Street Corp now owns 59,499,819 shares of the company’s stock worth $8,356,155,000 after acquiring an additional 1,079,970 shares in the last quarter. Invesco Ltd. raised its position in shares of PepsiCo by 7.6% in the 3rd quarter. Invesco Ltd. now owns 13,617,747 shares of the company’s stock worth $1,912,476,000 after acquiring an additional 958,701 shares in the last quarter. Legal & General Group Plc raised its position in shares of PepsiCo by 1.2% in the 4th quarter. Legal & General Group Plc now owns 9,005,569 shares of the company’s stock worth $1,292,479,000 after acquiring an additional 102,905 shares in the last quarter. Finally, Amundi raised its position in shares of PepsiCo by 30.0% in the 3rd quarter. Amundi now owns 8,641,588 shares of the company’s stock worth $1,207,230,000 after acquiring an additional 1,995,362 shares in the last quarter. 73.07% of the stock is owned by institutional investors.
PepsiCo Stock Performance
Shares of PEP opened at $145.68 on Wednesday. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.90 and a quick ratio of 0.72. The stock has a 50-day moving average of $153.72 and a 200-day moving average of $152.59. The company has a market cap of $199.11 billion, a PE ratio of 22.87, a P/E/G ratio of 2.73 and a beta of 0.38. PepsiCo, Inc. has a one year low of $127.60 and a one year high of $171.48.
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. The ex-dividend date is Friday, June 5th. This represents a $5.92 annualized dividend and a dividend yield of 4.1%. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s dividend payout ratio (DPR) is 92.94%.
PepsiCo announced that its Board of Directors has approved a stock buyback plan on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in shares. This repurchase authorization permits the company to repurchase up to 4.7% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.
Trending Headlines about PepsiCo
Here are the key news stories impacting PepsiCo this week:
- Positive Sentiment: PepsiCo’s innovation push in functional snacks, better-for-you drinks, and refreshed core brands could help reaccelerate growth in 2026 if execution improves. Can PepsiCo’s Innovation Push Reignite its Growth in 2026?
- Positive Sentiment: Industry commentary says PepsiCo has pricing power and brand strength to navigate tariff and cost pressures, which supports the long-term earnings outlook. Zacks Industry Outlook Highlights Coca-Cola, PepsiCo, Monster Beverage, Fomento Economico Mexicano and Vita Coco
- Neutral Sentiment: PepsiCo’s CPO comments about hiring agile, curious employees in the AI era point to a shift in talent strategy, but this is unlikely to move the stock much by itself. The use of AI in food NPD is changing
- Neutral Sentiment: Analysts have slightly trimmed PepsiCo’s fair value estimate while others raised targets, signaling a mixed but still broadly constructive outlook. How The PepsiCo (PEP) Story Is Shifting As Analysts Rework Targets And Assumptions
- Negative Sentiment: PepsiCo stock underperformed peers, reinforcing concerns that investors are rotating away from the name amid slower sentiment and competitive worries. PepsiCo Inc. stock underperforms Tuesday when compared to competitors
- Negative Sentiment: A new Walmart soda line adds another competitor in a market where younger consumers are increasingly buying functional beverages, which could pressure Pepsi’s share. New Walmart soda line takes on Coca-Cola and PepsiCo
- Negative Sentiment: Planned snack price increases could support margins, but they also highlight ongoing input-cost pressure and may risk demand softness if consumers trade down. Bloomberg Reports PepsiCo Preparing New Snack Price Increases for Late June
Analysts Set New Price Targets
PEP has been the subject of several research analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of PepsiCo in a research report on Wednesday, April 8th. UBS Group lowered their price objective on PepsiCo from $190.00 to $186.00 and set a “buy” rating for the company in a research report on Tuesday, April 7th. TD Cowen lifted their price objective on PepsiCo from $162.00 to $165.00 and gave the stock a “hold” rating in a research report on Friday, February 20th. JPMorgan Chase & Co. lifted their price objective on PepsiCo from $172.00 to $178.00 and gave the stock an “overweight” rating in a research report on Friday, April 17th. Finally, BNP Paribas Exane lifted their price objective on PepsiCo from $191.00 to $195.00 and gave the stock an “outperform” rating in a research report on Friday, April 17th. Eight 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $170.11.
Read Our Latest Analysis on PEP
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.
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