PepsiCo, Inc. $PEP Shares Purchased by Aviva PLC

Aviva PLC raised its stake in PepsiCo, Inc. (NASDAQ:PEP) by 8.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,605,162 shares of the company’s stock after purchasing an additional 128,419 shares during the quarter. Aviva PLC’s holdings in PepsiCo were worth $230,373,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in PEP. Brighton Jones LLC boosted its holdings in shares of PepsiCo by 12.4% in the 4th quarter. Brighton Jones LLC now owns 59,392 shares of the company’s stock valued at $9,031,000 after purchasing an additional 6,574 shares during the last quarter. Caxton Associates LLP acquired a new position in shares of PepsiCo in the 1st quarter valued at $251,000. Sivia Capital Partners LLC boosted its holdings in shares of PepsiCo by 138.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company’s stock valued at $862,000 after purchasing an additional 3,790 shares during the last quarter. Schnieders Capital Management LLC. boosted its holdings in shares of PepsiCo by 10.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company’s stock valued at $5,039,000 after purchasing an additional 3,502 shares during the last quarter. Finally, Sei Investments Co. boosted its holdings in shares of PepsiCo by 45.5% in the 2nd quarter. Sei Investments Co. now owns 536,133 shares of the company’s stock valued at $70,789,000 after purchasing an additional 167,707 shares during the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

Wall Street Analysts Forecast Growth

PEP has been the topic of a number of research analyst reports. Rothschild & Co Redburn lifted their price target on shares of PepsiCo from $130.00 to $132.00 in a report on Monday, May 11th. UBS Group decreased their price target 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. Sanford C. Bernstein began coverage on shares of PepsiCo in a research note on Thursday. They issued a “market perform” rating and a $143.00 target price on the stock. JPMorgan Chase & Co. raised their target price on shares of PepsiCo from $172.00 to $178.00 and gave the company an “overweight” rating in a research note on Friday, April 17th. Finally, Argus raised shares of PepsiCo to a “hold” rating in a research note on Tuesday, February 17th. Eight analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $168.25.

PepsiCo Stock Performance

Shares of PEP stock opened at $143.73 on Friday. The company’s fifty day simple moving average is $151.32 and its 200-day simple moving average is $152.42. PepsiCo, Inc. has a 52 week low of $127.60 and a 52 week high of $171.48. The company has a current ratio of 0.90, a quick ratio of 0.72 and a debt-to-equity ratio of 1.98. The company has a market cap of $196.45 billion, a PE ratio of 22.56, a P/E/G ratio of 2.62 and a beta of 0.35.

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

PepsiCo Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, June 5th will be paid a dividend of $1.48 per share. This is a positive change from PepsiCo’s previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, June 5th. This represents a $5.92 annualized dividend and a yield of 4.1%. PepsiCo’s payout ratio is presently 92.94%.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is expanding its autonomous trucking partnership with Gatik, now using fully driverless freight operations across Texas, Arizona, and Arkansas to help ease labor shortages in hard-to-staff parts of its supply chain. How PepsiCo’s Driverless Freight Rollout With Gatik (PEP) Has Changed Its Investment Story
• Positive Sentiment: PepsiCo is also partnering with Compeer Financial on a strip-till equipment financing pilot that helps farmers adopt soil conservation practices, reinforcing the company’s sustainability image and relationships with agricultural suppliers. Compeer Financial Collaborates with PepsiCo to Provide Strip-Till Equipment Financing
• Positive Sentiment: Analyst commentary continues to frame PepsiCo as a long-term growth and dividend holding, with several recent pieces highlighting valuation support and rebound potential. Why PepsiCo (PEP) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Management is continuing to promote PepsiCo’s women’s sports sponsorship and consumer engagement strategy as a growth driver, which supports the brand narrative but is not an immediate earnings catalyst. BIS: PepsiCo’s Carolyn Braff on women’s sports being a key growth driver
• Neutral Sentiment: Erste Group slightly trimmed its FY2027 EPS estimate for PepsiCo, but the revision was minimal and did not materially change the broader earnings outlook. PepsiCo, Inc. Stock Overview
• Negative Sentiment: The stock remains pressured by investor caution after recent trading weakness and a valuation that has come down from its highs, suggesting the market is waiting for stronger near-term growth or margin improvement. PepsiCo Steps Up Autonomous Freight Use As Valuation Gap Persists

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.