Allworth Financial LP Grows Position in PepsiCo, Inc. $PEP

Posted by Francis Steltz on May 15th, 2026

Allworth Financial LP boosted its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 49.3% during the 4th quarter, Holdings Channel reports. The fund owned 120,085 shares of the company’s stock after buying an additional 39,669 shares during the period. Allworth Financial LP’s holdings in PepsiCo were worth $17,235,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. JCIC Asset Management Inc. bought a new position in PepsiCo in the third quarter worth about $27,000. MH & Associates Securities Management Corp ADV bought a new stake in shares of PepsiCo in the 4th quarter valued at about $29,000. Imprint Wealth LLC purchased a new position in shares of PepsiCo in the 3rd quarter worth approximately $31,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in shares of PepsiCo during the 4th quarter worth approximately $33,000. Finally, Strategic Advocates LLC acquired a new stake in PepsiCo in the third quarter valued at approximately $33,000. 73.07% of the stock is owned by hedge funds and other institutional investors.

PepsiCo Stock Performance

Shares of PEP stock opened at $148.67 on Friday. The company has a quick ratio of 0.72, a current ratio of 0.90 and a debt-to-equity ratio of 1.98. PepsiCo, Inc. has a 52-week low of $127.60 and a 52-week high of $171.48. The business has a 50-day simple moving average of $155.55 and a 200-day simple moving average of $152.44. The stock has a market cap of $203.20 billion, a PE ratio of 23.34, a price-to-earnings-growth ratio of 2.74 and a beta of 0.38.

PepsiCo (NASDAQ:PEP – Get Free Report) last issued its quarterly earnings data on Wednesday, April 15th. The company reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.55 by $0.06. The business had revenue of $19.44 billion for the quarter, compared to analysts’ expectations of $18.89 billion. PepsiCo had a net margin of 9.15% and a return on equity of 56.61%. The business’s revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the company earned $1.48 EPS. On average, equities analysts expect that PepsiCo, Inc. will post 8.63 EPS for the current year.

PepsiCo announced that its board has approved a share buyback plan on Tuesday, February 3rd that allows the company to buyback $10.00 billion in outstanding shares. This buyback authorization allows the company to purchase up to 4.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

PepsiCo Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, June 5th will be issued a $1.48 dividend. The ex-dividend date of this dividend is Friday, June 5th. This is a positive change from PepsiCo’s previous quarterly dividend of $1.42. This represents a $5.92 dividend on an annualized basis and a yield of 4.0%. PepsiCo’s dividend payout ratio is presently 89.32%.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

Positive Sentiment: Wall Street-focused coverage highlighted PepsiCo as one of the better stocks to own in falling markets, reinforcing its reputation as a defensive consumer staples name that can attract buyers during risk-off trading. Here’s Why Pepsi (PEP) is Among the 10 Best Stocks to Buy in Falling Markets According to Wall Street Analysts
Positive Sentiment: PepsiCo announced a new collaboration with TalusAg to advance fertilizer decarbonization across its agricultural supply chain, which could support its ESG profile and appeal to sustainability-minded investors. PepsiCo’s Fertilizer Decarbonization Push And What It Means For Investors
Neutral Sentiment: Separate coverage also noted PepsiCo’s sustainability push and public climate-action messaging, but this appears more like a long-term brand and operations story than an immediate stock catalyst. PepsiCo’s Fertilizer Decarbonization Push And What It Means For Investors
Neutral Sentiment: New federal legislation on recycled-material claims could affect how PepsiCo markets packaging and sustainability claims, but the bill is still proposed and its financial impact is uncertain. New Bill: Representative Nicholas A. Langworthy introduces H.R. 7502: Recycled Materials Attribution Act of 2026

Analysts Set New Price Targets

PEP has been the topic of a number of recent analyst reports. Wall Street Zen downgraded PepsiCo from a “buy” rating to a “hold” rating in a research report on Saturday, April 18th. JPMorgan Chase & Co. increased their price target on PepsiCo from $172.00 to $178.00 and gave the company an “overweight” rating in a research note on Friday, April 17th. Citigroup boosted their price target on PepsiCo from $170.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. The Goldman Sachs Group lifted their target price on shares of PepsiCo from $180.00 to $183.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Finally, Piper Sandler boosted their target price on shares of PepsiCo from $172.00 to $181.00 and gave the stock an “overweight” rating in a research report on Thursday, March 12th. Eight research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, PepsiCo presently has a consensus rating of “Hold” and a consensus price target of $170.37.

Check Out Our Latest Report on PEP

PepsiCo 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.

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.