KLCM Advisors Inc. Acquires 5,528 Shares of PepsiCo, Inc. $PEP

KLCM Advisors Inc. raised its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 23.9% in the fourth quarter, Holdings Channel reports. The fund owned 28,636 shares of the company’s stock after buying an additional 5,528 shares during the quarter. KLCM Advisors Inc.’s holdings in PepsiCo were worth $4,110,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of PEP. AQR Capital Management LLC boosted its holdings in PepsiCo by 120.7% during the third quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock valued at $830,902,000 after acquiring an additional 3,235,726 shares during the period. Amundi boosted its holdings in PepsiCo by 30.0% during the third 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. Vanguard Group Inc. boosted its holdings in PepsiCo by 1.2% during 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 period. Caisse de depot et placement du Quebec boosted its holdings in PepsiCo by 151.7% during the third 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. Finally, SG Americas Securities LLC increased its position in PepsiCo by 406.0% during the fourth quarter. SG Americas Securities LLC now owns 1,789,959 shares of the company’s stock worth $256,895,000 after acquiring an additional 1,436,216 shares during the period. 73.07% of the stock is currently owned by institutional investors.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo Foods North America is showing early signs of a turnaround, with rebounding snack volumes, pricing changes, and a push toward healthier offerings that could support 2026 growth. Will PepsiCo Foods North America Drive a 2026 Turnaround?
• Positive Sentiment: PepsiCo is expanding sustainability efforts, including work with Fertiberia to decarbonize potato and corn farming across roughly 400,000 acres in Europe, which may support its long-term ESG profile and supply-chain resilience. PepsiCo and Fertiberia working to decarbonise potato and corn farming across ~400,000 acres in Europe
• Positive Sentiment: The company is also betting on local manufacturing and healthier drinks in the Middle East as consumer preferences shift, suggesting management is adapting to demand trends in key international markets. PepsiCo bets on local manufacturing, healthier drinks as Middle East consumer habits shift
• Neutral Sentiment: PepsiCo was noted in articles about local production expansion in Abu Dhabi and a limited-edition soda relaunch, but these headlines appear more incremental than material for earnings expectations. PepsiCo eyes local production boost in Abu Dhabi PepsiCo Just Brought Back a Beloved Limited-Edition Soda for Summer
• Neutral Sentiment: Short-interest data showed no meaningful update in May, with reported short interest at zero shares, so it does not provide a clear catalyst for the stock.
• Negative Sentiment: Rothschild & Co Redburn raised its price target on PepsiCo to $132 from $130, but that still implies meaningful downside versus the current share price, reinforcing a cautious view on the stock. MarketScreener

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. The Goldman Sachs Group boosted their target price on shares of PepsiCo from $180.00 to $183.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. TD Cowen increased their target price on shares of PepsiCo from $162.00 to $165.00 and gave the company a “hold” rating in a research note on Friday, February 20th. Wells Fargo & Company increased their target price on shares of PepsiCo from $154.00 to $165.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Royal Bank Of Canada reduced their target price on shares of PepsiCo from $165.00 to $163.00 and set a “sector perform” rating for the company in a research note on Thursday, April 9th. Finally, Rothschild & Co Redburn increased their target price on shares of PepsiCo from $130.00 to $132.00 in a research note on Monday. Eight 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 MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $170.37.

PepsiCo Stock Down 3.4%

Shares of PEP opened at $149.41 on Tuesday. The stock has a market cap of $204.21 billion, a price-to-earnings ratio of 23.46, a P/E/G ratio of 2.83 and a beta of 0.38. The company has a quick ratio of 0.72, a current ratio of 0.90 and a debt-to-equity ratio of 1.98. PepsiCo, Inc. has a 12 month low of $127.60 and a 12 month high of $171.48. The company has a 50-day moving average price of $156.59 and a two-hundred day moving average price of $152.48.

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

PepsiCo announced that its board has authorized a share buyback plan on Tuesday, February 3rd that allows the company to buyback $10.00 billion in shares. This buyback authorization allows the company to repurchase up to 4.7% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

PepsiCo Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, June 5th will be issued a dividend of $1.48 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $5.92 dividend on an annualized basis and a yield of 4.0%. This is a positive change from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s payout ratio is 89.32%.

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.