M3 Wealth Management LLC bought a new position in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) during the 4th quarter, Holdings Channel.com reports. The firm bought 11,505 shares of the company’s stock, valued at approximately $1,651,000. PepsiCo makes up 1.3% of M3 Wealth Management LLC’s investment portfolio, making the stock its 19th biggest position.
Several other large investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC raised its holdings in shares of PepsiCo by 12.4% in the 4th quarter. Brighton Jones LLC now owns 59,392 shares of the company’s stock worth $9,031,000 after purchasing an additional 6,574 shares during the period. Caxton Associates LLP purchased a new position in shares of PepsiCo in the 1st quarter worth about $251,000. Sivia Capital Partners LLC raised its holdings in shares of PepsiCo by 138.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company’s stock worth $862,000 after purchasing an additional 3,790 shares during the period. Schnieders Capital Management LLC. raised its holdings in shares of PepsiCo by 10.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company’s stock worth $5,039,000 after purchasing an additional 3,502 shares during the period. Finally, Sei Investments Co. raised its holdings in shares of PepsiCo by 45.5% in the 2nd quarter. Sei Investments Co. now owns 536,133 shares of the company’s stock worth $70,789,000 after purchasing an additional 167,707 shares during the period. 73.07% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on PEP shares. Citigroup raised their price objective on PepsiCo from $170.00 to $182.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. BNP Paribas Exane raised their price objective on PepsiCo from $191.00 to $195.00 and gave the stock an “outperform” rating in a report on Friday, April 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of PepsiCo in a report on Wednesday, April 8th. Morgan Stanley raised their target price on PepsiCo from $165.00 to $180.00 and gave the company an “equal weight” rating in a report on Wednesday, February 4th. Finally, Wells Fargo & Company dropped their target price on PepsiCo from $165.00 to $160.00 and set an “equal weight” rating on the stock in a report on Monday, May 18th. Eight investment 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. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $170.11.
Key Headlines Impacting 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
PepsiCo Price Performance
Shares of NASDAQ PEP opened at $145.68 on Wednesday. PepsiCo, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $171.48. The business has a 50 day moving average price of $153.72 and a two-hundred day moving average price of $152.59. The company has a quick ratio of 0.72, a current ratio of 0.90 and a debt-to-equity ratio of 1.98. The firm has a market cap of $199.11 billion, a PE ratio of 22.87, a price-to-earnings-growth ratio of 2.73 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 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $0.06. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The firm had revenue of $19.44 billion during the quarter, compared to analyst estimates of $18.89 billion. During the same quarter last year, the firm earned $1.48 EPS. PepsiCo’s quarterly revenue was up 8.5% on a year-over-year basis. Sell-side analysts expect that PepsiCo, Inc. will post 8.63 earnings per share for the current fiscal year.
PepsiCo Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, June 5th will be paid a dividend of $1.48 per share. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. The ex-dividend date is Friday, June 5th. This represents a $5.92 dividend on an annualized basis and a yield of 4.1%. PepsiCo’s payout ratio is 92.94%.
PepsiCo declared that its Board of Directors has approved a stock repurchase 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 often an indication that the company’s management believes its shares are undervalued.
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.
Read More
- Five stocks we like better than PepsiCo
- Banks Are Buying Back Stock Hand Over Fist, Including These 3 Names
- 2 Aluminum Stocks Poised for Big Tariff-Related Gains
- AutoZone’s Pullback Sets Up a Long-Term Buying Opportunity
- AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
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.
