Howland Capital Management LLC Buys 3,880 Shares of PepsiCo, Inc. $PEP

Howland Capital Management LLC increased its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 12.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,548 shares of the company’s stock after purchasing an additional 3,880 shares during the quarter. Howland Capital Management LLC’s holdings in PepsiCo were worth $5,155,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of PEP. Vanguard Group Inc. boosted its stake in PepsiCo by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company’s stock valued at $19,875,205,000 after acquiring an additional 1,612,652 shares during the last quarter. State Street Corp boosted its stake in PepsiCo by 1.8% in the third quarter. State Street Corp now owns 59,499,819 shares of the company’s stock valued at $8,356,155,000 after acquiring an additional 1,079,970 shares during the last quarter. Geode Capital Management LLC boosted its stake in PepsiCo by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 33,617,937 shares of the company’s stock valued at $4,814,835,000 after acquiring an additional 360,936 shares during the last quarter. Norges Bank bought a new position in PepsiCo in the fourth quarter valued at approximately $3,018,813,000. Finally, Invesco Ltd. boosted its stake in PepsiCo by 7.6% in the third quarter. Invesco Ltd. now owns 13,617,747 shares of the company’s stock valued at $1,912,476,000 after acquiring an additional 958,701 shares during the last quarter. 73.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on PEP shares. UBS Group cut their target price on shares of PepsiCo from $190.00 to $186.00 and set a “buy” rating on the stock in a report on Tuesday, April 7th. TD Cowen cut their target price on shares of PepsiCo from $165.00 to $150.00 and set a “hold” rating on the stock in a report on Friday. Royal Bank Of Canada cut their target price on shares of PepsiCo from $165.00 to $163.00 and set a “sector perform” rating on the stock in a report on Thursday, April 9th. Rothschild & Co Redburn increased their target price on shares of PepsiCo from $130.00 to $132.00 in a report on Monday, May 11th. Finally, Evercore increased their target price on shares of PepsiCo from $165.00 to $170.00 in a report on Friday, April 17th. Eight 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. Based on data from MarketBeat.com, PepsiCo has a consensus rating of “Hold” and an average price target of $167.35.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo continues to expand its autonomous freight network with Gatik, a move that could improve logistics efficiency and help address staffing challenges in hard-to-serve routes. How PepsiCo’s Driverless Freight Rollout With Gatik (PEP) Has Changed Its Investment Story
• Positive Sentiment: The company also highlighted sustainability-focused farmer financing through Compeer Financial, which supports PepsiCo’s supply chain and long-term agricultural sourcing strategy. Compeer Financial Collaborates with PepsiCo to Provide Strip-Till Equipment Financing
• Neutral Sentiment: PepsiCo was included in a Q1 review of beverage, alcohol, and tobacco stocks, but the article was primarily a peer comparison and did not indicate a major new catalyst. Beverages, Alcohol, and Tobacco Stocks Q1 In Review: PepsiCo (NASDAQ:PEP) Vs Peers
• Neutral Sentiment: Analyst estimate changes were modest, with Erste Group trimming FY2027 EPS slightly to $9.14 from $9.15, suggesting limited impact on the outlook.
• Negative Sentiment: TD Cowen cut its price target on PepsiCo to $150 from $165 and kept a hold rating, signaling more cautious near-term sentiment on the stock. TD Cowen adjusts PepsiCo price target to 150 from 165
• Negative Sentiment: Piper Sandler also lowered its price target on PepsiCo to $178 from $181, reinforcing the view that analysts see only limited upside from here. Piper Sandler adjusts price target on PepsiCo to 178 from 181

PepsiCo Stock Up 0.4%

Shares of PEP stock opened at $144.27 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.72 and a debt-to-equity ratio of 1.98. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $171.48. The firm’s fifty day moving average price is $151.11 and its two-hundred day moving average price is $152.37. The firm has a market capitalization of $197.18 billion, a P/E ratio of 22.65, a PEG ratio of 2.60 and a beta of 0.35.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Wednesday, April 15th. The company reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.06. The firm had revenue of $19.44 billion for the quarter, compared to analyst estimates of $18.89 billion. PepsiCo had a net margin of 9.15% and a return on equity of 56.61%. The company’s revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.48 EPS. On average, equities analysts predict that PepsiCo, Inc. will post 8.63 EPS for the current fiscal year.

PepsiCo Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th will be paid a dividend of $1.48 per share. 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 presently 92.94%.

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.