Apella Capital LLC Acquires 5,875 Shares of PepsiCo, Inc. $PEP

Apella Capital LLC grew its stake in PepsiCo, Inc. (NASDAQ:PEP) by 21.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 33,498 shares of the company’s stock after purchasing an additional 5,875 shares during the period. Apella Capital LLC’s holdings in PepsiCo were worth $5,282,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of PepsiCo by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company’s stock worth $19,875,205,000 after acquiring an additional 1,612,652 shares during the last quarter. State Street Corp lifted 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 worth $8,356,155,000 after purchasing an additional 1,079,970 shares during the last quarter. Auto Owners Insurance Co boosted its position in shares of PepsiCo by 14,857.8% during the fourth quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company’s stock valued at $7,068,777,000 after buying an additional 48,923,629 shares during the period. Geode Capital Management LLC grew its stake in shares of PepsiCo by 1.1% during 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 buying an additional 360,936 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of PepsiCo by 1.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 28,090,426 shares of the company’s stock worth $4,031,646,000 after buying an additional 295,955 shares during the period. Institutional investors own 73.07% of the company’s stock.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo remains a long-term income favorite, with a 54-year streak of dividend increases that reinforces its defensive profile for investors. The upcoming earnings report will be watched to see whether that streak can continue. Buy This Dividend King with a 54-Year Streak Before July 9
• Positive Sentiment: Citigroup kept a buy rating on PepsiCo while lowering its target price to $170 from $182, implying meaningful upside from current levels despite the reduction. Citigroup price target update
• Neutral Sentiment: Bank of America cut its price target to $164 from $173 and maintained a neutral stance, citing slower PFNA recovery. That suggests the stock still has upside potential, but near-term recovery may be slower than hoped. Bank of America target cut and neutral rating
• Neutral Sentiment: Wall Street is looking for PepsiCo’s Q2 2026 earnings to show only modest EPS growth, so the upcoming report could be a key catalyst if results or guidance surprise in either direction. PepsiCo’s Q2 2026 Earnings: What to Expect
• Neutral Sentiment: News that Hershey hired a former PepsiCo executive for a U.S. president role is more of an executive-mobility story than a direct operating issue for PepsiCo, so it likely has limited immediate stock impact. Hershey taps PepsiCo executive for US president role
• Negative Sentiment: PepsiCo’s stock has been weakening recently, and multiple articles point to investor caution ahead of earnings and pressure from valuation concerns, which helps explain the downside in the shares. PepsiCo stock weighing DCF upside against recent share price weakness

PepsiCo Stock Down 1.9%

PepsiCo stock opened at $139.52 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. The firm has a market cap of $190.69 billion, a P/E ratio of 21.90, a P/E/G ratio of 2.83 and a beta of 0.35. The business has a fifty day moving average of $148.66 and a two-hundred day moving average of $152.09. PepsiCo, Inc. has a twelve month low of $127.60 and a twelve month high of $171.48.

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

PepsiCo Increases Dividend

The company also recently announced 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. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. This represents a $5.92 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Friday, June 5th. PepsiCo’s dividend payout ratio is presently 92.94%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. TD Cowen decreased their target price on PepsiCo from $165.00 to $150.00 and set a “hold” rating for the company in a research report on Friday, June 12th. Jefferies Financial Group set a $162.00 target price on PepsiCo in a research report on Thursday. Royal Bank Of Canada lowered their target price on PepsiCo from $165.00 to $163.00 and set a “sector perform” rating for the company in a report on Thursday, April 9th. Piper Sandler dropped their price target on PepsiCo from $181.00 to $178.00 and set an “overweight” rating on the stock in a research report on Friday, June 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of PepsiCo in a report on Wednesday, April 8th. Eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $166.85.

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.