Caprock Group LLC Acquires Shares of 29,624 PepsiCo, Inc. $PEP

Caprock Group LLC acquired a new position in PepsiCo, Inc. (NASDAQ:PEP) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 29,624 shares of the company’s stock, valued at approximately $4,404,000.

A number of other large investors have also recently modified their holdings of PEP. Brighton Jones LLC raised its holdings in PepsiCo by 12.4% in the fourth 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 in the last quarter. Caxton Associates LLP purchased a new position in PepsiCo during the 1st quarter valued at about $251,000. Sivia Capital Partners LLC boosted its stake in PepsiCo by 138.5% during the second quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company’s stock worth $862,000 after acquiring an additional 3,790 shares in the last quarter. TD Asset Management Inc grew its holdings in PepsiCo by 1.4% in the second quarter. TD Asset Management Inc now owns 1,201,597 shares of the company’s stock worth $158,659,000 after purchasing an additional 17,139 shares during the period. Finally, Sagespring Wealth Partners LLC lifted its holdings in shares of PepsiCo by 8.1% during the second quarter. Sagespring Wealth Partners LLC now owns 11,050 shares of the company’s stock valued at $1,459,000 after purchasing an additional 830 shares during the last quarter. Institutional investors own 73.07% of the company’s stock.

Wall Street Analysts Forecast Growth

PEP has been the topic of several recent research reports. DZ Bank upgraded PepsiCo from a “hold” rating to a “buy” rating and set a $167.00 price target on the stock in a research note on Tuesday, October 21st. Wells Fargo & Company raised their price target on PepsiCo from $154.00 to $165.00 and gave the company an “equal weight” rating in a report on Wednesday, February 4th. UBS Group reiterated a “buy” rating and issued a $190.00 price target on shares of PepsiCo in a research note on Wednesday, February 4th. Citigroup increased their price objective on shares of PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Finally, HSBC lifted their target price on shares of PepsiCo from $152.00 to $175.00 and gave the stock a “hold” rating in a report on Thursday, February 5th. Eight investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $167.68.

PepsiCo Trading Up 1.3%

NASDAQ:PEP opened at $169.15 on Thursday. The company has a market cap of $231.17 billion, a PE ratio of 28.19, a price-to-earnings-growth ratio of 3.18 and a beta of 0.40. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 2.06. The company has a 50 day simple moving average of $148.78 and a two-hundred day simple moving average of $146.79. PepsiCo, Inc. has a 12 month low of $127.60 and a 12 month high of $170.75.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings results on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.24 by $0.02. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The firm had revenue of $29.34 billion for the quarter, compared to the consensus estimate of $28.96 billion. During the same period last year, the business posted $1.96 EPS. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. Research analysts forecast that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, February 3rd that allows the company to buyback $10.00 billion in shares. This buyback authorization allows the company to purchase up to 4.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its stock is undervalued.

PepsiCo Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 6th will be paid a dividend of $1.4225 per share. This represents a $5.69 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Friday, March 6th. PepsiCo’s payout ratio is currently 94.83%.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Dividend/yield interest — Market commentary argues PepsiCo’s dividend yield and steady payout make PEP attractive in uncertain markets, helping drive inflows and supporting the stock’s rally. I Predicted That PepsiCo’s Dividend Yield Peaked…
• Positive Sentiment: Analyst bull case on long-term growth — Zacks highlights PEP as a top long-term growth name based on its portfolio, cash flow and scale, which supports a buy-and-hold thesis. Why PepsiCo (PEP) is a Top Growth Stock for the Long-Term
• Positive Sentiment: Strategy = innovation + margins — A Zacks piece notes PepsiCo is funding innovation and brand building while pursuing productivity and pricing discipline, signaling management is balancing growth and margin recovery. Can PepsiCo Balance Innovation Spending and Margin Expansion?
• Neutral Sentiment: Debt/capital markets activity — PepsiCo announced a €2.5 billion euro-denominated senior notes offering (tranches), which secures funding but raises leverage; impact depends on use (refinancing vs. new spend). PepsiCo Issues €2.5 Billion Euro-Denominated Senior Notes
• Neutral Sentiment: Promotional pricing on snacks — PepsiCo cut prices (brands like Lay’s, Doritos ~15%) to drive volume; could boost share and top-line but may pressure near-term margins. Betcha can eat more than just one…
• Neutral Sentiment: Local operating focus — Management commentary emphasizes “operate locally” advantages (supply/portfolio tailoring), a strategic positive but not an immediate catalyst. PepsiCo exec on the power of operating locally
• Neutral Sentiment: Celsius board change — A PepsiCo-designate resigned from Celsius’ board; noteworthy for the JV/partnership but not material for PepsiCo’s financials. Celsius Holdings Reshapes Board and Leadership with PepsiCo
• Negative Sentiment: Bearish analyst stance persists — Rothschild & Co Redburn raised its target to $130 but kept a “sell” rating, implying meaningful downside from current levels and signaling some analysts still see valuation risk. Rothschild & Co Redburn adjusts price target…
• Negative Sentiment: Sector/peer weakness — Coca‑Cola’s weak organic-sales guidance pressured beverage peers, briefly weighing on PepsiCo’s stock despite PEP’s own solid quarter. Coca-Cola falls after organic-sales guidance disappoints…

PepsiCo Profile

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.