PepsiCo, Inc. $PEP Shares Acquired by Torray Investment Partners LLC

Torray Investment Partners LLC lifted its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 10.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 135,674 shares of the company’s stock after buying an additional 13,051 shares during the quarter. PepsiCo makes up approximately 2.8% of Torray Investment Partners LLC’s investment portfolio, making the stock its 15th largest position. Torray Investment Partners LLC’s holdings in PepsiCo were worth $19,472,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in PEP. AQR Capital Management LLC lifted its stake in PepsiCo by 120.7% during the 3rd quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock worth $830,902,000 after acquiring an additional 3,235,726 shares in the last quarter. Amundi boosted its holdings in PepsiCo by 30.0% during the 3rd quarter. Amundi now owns 8,641,588 shares of the company’s stock valued at $1,207,230,000 after acquiring an additional 1,995,362 shares during the period. Caisse de depot et placement du Quebec boosted its holdings in PepsiCo by 151.7% during the 3rd quarter. Caisse de depot et placement du Quebec now owns 2,597,986 shares of the company’s stock valued at $364,861,000 after acquiring an additional 1,565,883 shares during the period. SG Americas Securities LLC boosted its holdings in PepsiCo by 406.0% during the 4th quarter. SG Americas Securities LLC now owns 1,789,959 shares of the company’s stock valued at $256,895,000 after acquiring an additional 1,436,216 shares during the period. Finally, ING Groep NV raised its position in PepsiCo by 100.8% in the 3rd quarter. ING Groep NV now owns 2,231,302 shares of the company’s stock valued at $313,364,000 after purchasing an additional 1,120,343 shares in the last quarter. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. HSBC raised their target price on PepsiCo from $175.00 to $176.00 and gave the stock a “hold” rating in a research report on Friday, April 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PepsiCo in a research report on Wednesday, April 8th. Barclays lifted their price target on PepsiCo from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Monday. Royal Bank Of Canada cut their price target on PepsiCo from $165.00 to $163.00 and set a “sector perform” rating on the stock in a research report on Thursday, April 9th. Finally, Wells Fargo & Company lifted their target price on PepsiCo from $154.00 to $165.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $170.26.

PepsiCo Trading Up 1.4%

PEP stock traded up $2.09 during trading on Thursday, reaching $155.88. 547,306 shares of the stock traded hands, compared to its average volume of 7,581,413. PepsiCo, Inc. has a 52-week low of $127.60 and a 52-week high of $171.48. The business’s 50 day moving average price is $159.05 and its 200-day moving average price is $151.92. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.90 and a quick ratio of 0.72. The firm has a market capitalization of $213.06 billion, a PE ratio of 24.51, a P/E/G ratio of 2.84 and a beta of 0.40.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Thursday, April 16th. The company reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.55 by $0.06. The firm had revenue of $19.44 billion during 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%.PepsiCo’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.48 earnings per share. PepsiCo has set its FY 2026 guidance at 8.465-8.628 EPS. As a group, sell-side analysts forecast that PepsiCo, Inc. will post 8.63 earnings per share for the current year.

PepsiCo Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 6th were given a $1.4225 dividend. This represents a $5.69 annualized dividend and a yield of 3.7%. The ex-dividend date was Friday, March 6th. PepsiCo’s dividend payout ratio (DPR) is currently 89.32%.

PepsiCo announced that its board has authorized a stock repurchase program on Tuesday, February 3rd that authorizes the company to buyback $10.00 billion in shares. This buyback authorization authorizes the company to repurchase up to 4.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is 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.