PepsiCo, Inc. $PEP Shares Purchased by Principal Financial Group Inc.

Principal Financial Group Inc. boosted its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 2.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,728,927 shares of the company’s stock after purchasing an additional 39,222 shares during the period. Principal Financial Group Inc.’s holdings in PepsiCo were worth $268,485,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in PEP. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of PepsiCo during the 4th quarter valued at approximately $26,000. Swiss RE Ltd. purchased a new position in PepsiCo in the fourth quarter worth approximately $28,000. MH & Associates Securities Management Corp ADV acquired a new stake in PepsiCo during the fourth quarter worth $29,000. Networth Advisors LLC raised its position in PepsiCo by 2,857.1% in the first quarter. Networth Advisors LLC now owns 207 shares of the company’s stock valued at $32,000 after purchasing an additional 200 shares during the period. Finally, Vermillion Wealth Management Inc. lifted its stake in shares of PepsiCo by 99.1% in the 1st quarter. Vermillion Wealth Management Inc. now owns 217 shares of the company’s stock valued at $34,000 after purchasing an additional 108 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

PepsiCo Price Performance

Shares of PEP opened at $135.45 on Wednesday. The company has a market cap of $184.87 billion, a P/E ratio of 17.75, a PEG ratio of 2.90 and a beta of 0.36. PepsiCo, Inc. has a fifty-two week low of $133.75 and a fifty-two week high of $171.48. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. The firm’s 50 day moving average price is $144.63 and its 200 day moving average price is $151.40.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, beating the consensus estimate of $2.19 by $0.01. The company had revenue of $24.18 billion during the quarter, compared to analysts’ expectations of $23.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The firm’s revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, research analysts forecast that PepsiCo, Inc. will post 8.58 earnings per share for the current fiscal year.

PepsiCo Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 5th were issued a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a yield of 4.4%. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. The ex-dividend date was Friday, June 5th. PepsiCo’s dividend payout ratio (DPR) is 77.59%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on PEP shares. Bank of America lowered their price target on PepsiCo from $173.00 to $164.00 and set a “neutral” rating for the company in a report on Thursday, June 25th. UBS Group set a $159.00 target price on shares of PepsiCo in a research note on Thursday, July 9th. Citigroup cut shares of PepsiCo from a “buy” rating to a “neutral” rating and dropped their price target for the company from $170.00 to $145.00 in a research report on Friday. TD Cowen decreased their price objective on shares of PepsiCo from $150.00 to $145.00 and set a “hold” rating on the stock in a report on Friday, July 10th. Finally, Morgan Stanley lowered their price objective on shares of PepsiCo from $180.00 to $160.00 and set an “equal weight” rating for the company in a research report on Friday. Seven analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, PepsiCo currently has a consensus rating of “Hold” and a consensus target price of $157.70.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is still finding support from broader consumer resilience, as Bank of America said households are continuing to spend on discretionary items despite inflation worries, which could help demand for snacks and drinks. BofA Sees ‘Strong’ Consumer, Bucking Fears of Price Pressures
• Positive Sentiment: PepsiCo’s recent earnings still showed solid underlying results, with revenue and EPS both slightly ahead of expectations, and management reiterated its longer-term FY2026 guidance. PepsiCo earnings and stock data
• Neutral Sentiment: Jim Cramer said PepsiCo can do better, but the commentary mainly reinforces that the stock has become a debate about execution rather than a clear catalyst. Jim Cramer Believes PepsiCo, Inc. (PEP) Can Do Better
• Neutral Sentiment: PepsiCo also outlined food-business plans and promoted product tie-ins like the Circle K partnership, but these developments appear incremental rather than stock-moving on their own. PepsiCo maps out food business plans
• Negative Sentiment: Recent reports say PepsiCo’s turnaround is stalling because Americans are rethinking snacking, and analysts pushed back on management’s North America growth strategy during the latest earnings call. PepsiCo’s turnaround stutters as Americans rethink snacking Where Analysts Pushed Back On PEP Stock’s Latest Earnings Call
• Negative Sentiment: Management also warned about pressures from gas prices and softer consumer spending, reinforcing concerns that shoppers may trade down or cut back on snack purchases. PepsiCo CEO warns on gas prices, consumer spending

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.