BIP Wealth LLC Purchases 3,354 Shares of PepsiCo, Inc. $PEP

BIP Wealth LLC grew its position in PepsiCo, Inc. (NASDAQ:PEP) by 77.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,694 shares of the company’s stock after acquiring an additional 3,354 shares during the quarter. BIP Wealth LLC’s holdings in PepsiCo were worth $1,104,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. State Street Corp lifted 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 during the period. Invesco Ltd. lifted 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 during the period. Legal & General Group Plc lifted its position in shares of PepsiCo by 1.3% in the 3rd quarter. Legal & General Group Plc now owns 8,902,664 shares of the company’s stock worth $1,250,290,000 after acquiring an additional 118,286 shares during the period. Amundi raised its holdings 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 buying an additional 1,995,362 shares in the last quarter. Finally, Fisher Asset Management LLC raised its holdings in shares of PepsiCo by 2.0% in the 3rd quarter. Fisher Asset Management LLC now owns 8,112,038 shares of the company’s stock worth $1,139,255,000 after buying an additional 155,636 shares in the last quarter. Institutional investors own 73.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Evercore increased their target price on PepsiCo from $152.00 to $165.00 in a report on Wednesday, February 4th. Argus raised PepsiCo to a “hold” rating in a report on Tuesday, February 17th. Citigroup increased their target price on PepsiCo from $170.00 to $182.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. HSBC increased their target price on PepsiCo from $152.00 to $175.00 and gave the stock a “hold” rating in a report on Thursday, February 5th. Finally, BNP Paribas Exane set a $191.00 target price on PepsiCo in a report on Wednesday, February 4th. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $168.58.

PepsiCo Trading Up 1.0%

PEP stock opened at $154.80 on Thursday. The business has a fifty day moving average price of $160.34 and a 200 day moving average price of $150.88. PepsiCo, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $171.48. The stock has a market capitalization of $211.60 billion, a price-to-earnings ratio of 25.80, a P/E/G ratio of 3.03 and a beta of 0.40. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.85 and a quick ratio of 0.67.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings results on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $28.96 billion. During the same period last year, the firm posted $1.96 EPS. The business’s revenue was up 5.6% on a year-over-year basis. Analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 6th were given a $1.4225 dividend. This represents a $5.69 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Friday, March 6th. PepsiCo’s dividend payout ratio (DPR) is presently 94.83%.

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

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo commissioned eight retrofitted electric trucks in India, advancing its carbon‑reduction and logistics-efficiency goals that can lower operating costs and appeal to ESG-focused investors. PepsiCo commissions eight retrofitted electric trucks in India
• Positive Sentiment: JPMorgan trimmed its price target slightly (from $176 to $172) but kept an Overweight rating, signaling continued buy-side support even after the modest adjustment. JPMorgan adjusts price target on PepsiCo
• Positive Sentiment: Technical/near‑term commentary suggests PepsiCo could see a tactical bounce into Q1 earnings as momentum improves, which may support short‑term upside ahead of results. PepsiCo sets up for a tactical bounce into Q1 earnings
• Neutral Sentiment: Analysts broadly expect Q1 results to be largely in‑line with consensus; investor focus will be on North America foods turnaround, PBNA growth plans, and any comments on geopolitical risks. PepsiCo seen posting in-line Q1
• Neutral Sentiment: Some broker models have trimmed fair value slightly and issued mixed target moves (both upgrades and cuts), indicating divergent views but no consensus negative re‑rating yet. How the PepsiCo investment narrative is shifting
• Negative Sentiment: Repeated media reports say steep Doritos price hikes (bags up ~50% since 2021) led to major sales losses and a subsequent price rollback; coverage suggests this misstep cost the company billions and remains a reputational and volume headwind. How $7 bags of Doritos cost PepsiCo billions
• Negative Sentiment: Price cuts by Frito‑Lay have not fully placated consumers; commentary and short‑term sales weakness have pressured investor sentiment and contributed to share weakness in recent sessions. PepsiCo stock slips as Frito‑Lay price cuts fail to please customers
• Negative Sentiment: Customer/contract losses (e.g., reports that Marriott moved away from Pepsi in some properties) add brand and revenue risk in key venues like hotels and events. Marriott dumps Pepsi

PepsiCo Company 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.