Kingswood Wealth Advisors LLC lifted its position in PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 29.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,784 shares of the company’s stock after buying an additional 3,862 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in PepsiCo were worth $2,409,000 as of its most recent filing with the SEC.
Several other large investors have also made changes to their positions in PEP. JCIC Asset Management Inc. bought a new stake in PepsiCo during the third quarter worth approximately $27,000. MH & Associates Securities Management Corp ADV bought a new stake in PepsiCo during the fourth quarter worth approximately $29,000. Imprint Wealth LLC bought a new stake in PepsiCo during the third quarter worth approximately $31,000. Halbert Hargrove Global Advisors LLC boosted its position in PepsiCo by 667.7% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock worth $33,000 after purchasing an additional 207 shares during the period. Finally, Strategic Advocates LLC bought a new stake in PepsiCo during the third quarter worth approximately $33,000. Institutional investors own 73.07% of the company’s stock.
PepsiCo News Summary
Here are the key news stories impacting PepsiCo this week:
- Positive Sentiment: PepsiCo announced a multi-year strategic collaboration with Google Cloud to deploy Gemini Enterprise Agent and strengthen its multi‑cloud digital foundation, aimed at faster analytics-to-action across supply chain and marketing — a potential long-term efficiency and growth catalyst. PepsiCo Gains As Google Cloud Partnership Boosts AI, Supply Chain Plans
- Positive Sentiment: PR and Cloud Next coverage expand on the Google Cloud deal, reinforcing execution plans to transform IT systems and scale AI across the business — signals investors view as supportive for margins and innovation. PepsiCo Deepens AI Capabilities with Google Cloud
- Positive Sentiment: Reported buying by Steve Cohen’s Point72 adds an institutional vote of confidence in PEP’s outlook and can support sentiment. Steve Cohen’s Point72 Is Aggressively Buying These 3 Stocks
- Positive Sentiment: Management says recent price cuts are yielding benefits — a tactical move that can help volume and share gains while supporting near-term revenue recovery. PepsiCo says price cuts are paying off
- Positive Sentiment: Product innovation and portfolio refreshes — Quaker Protein Rice Crisps and Bubly Wine Refreshers — support revenue diversification and health/slow‑alcohol trends. QUAKER® EXPANDS PORTFOLIO WITH NEW PROTEIN RICE CRISPS OFFERING PepsiCo Launches Bubly Wine Refreshers
- Positive Sentiment: Company initiatives to broaden Gatorade’s market beyond athletes and to re-energize the foods segment indicate growth levers beyond core beverages. PepsiCo looks to broaden the market for Gatorade PepsiCo makes strides in re-energizing food business
- Neutral Sentiment: PepsiCo selected Carlsberg as its bottling and distribution partner in Northern Europe (effective 2029). This is a strategic supply-chain move that should simplify operations long-term but creates near-term transition risk. PepsiCo Hands Northern Europe Bottling To Carlsberg
- Neutral Sentiment: Operational stories — India farm-to-shelf overhaul and a planned virtual annual meeting — are material for governance/ops but unlikely to move the stock sharply on their own. Inside PepsiCo India’s farm-to-shelf overhaul PepsiCo Announces Webcast of Annual Meeting of Shareholders
- Negative Sentiment: Guru Organic Energy filed a C$15m suit alleging breach of distribution agreements with Pepsi’s Canadian bottling unit — a legal risk that could create costs and local distraction. Guru sues PepsiCo for alleged distribution agreement breach
PepsiCo Stock Down 0.7%
PepsiCo (NASDAQ:PEP – Get Free Report) last released its earnings results on Thursday, April 16th. The company reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.55 by $0.06. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The business had revenue of $19.44 billion for the quarter, compared to the consensus estimate of $18.89 billion. During the same period last year, the business earned $1.48 earnings per share. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.465-8.628 EPS. On average, research analysts anticipate that PepsiCo, Inc. will post 8.63 earnings per share for the current year.
PepsiCo Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 6th were paid a $1.4225 dividend. This represents a $5.69 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Friday, March 6th. PepsiCo’s dividend payout ratio is presently 89.32%.
PepsiCo declared that its Board of Directors has approved a share repurchase plan on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in shares. This repurchase authorization permits the company to purchase up to 4.7% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s management believes its stock is undervalued.
Analyst Ratings Changes
A number of equities research analysts have issued reports on PEP shares. Deutsche Bank Aktiengesellschaft upped their target price on PepsiCo from $169.00 to $173.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. TD Cowen upped their target price on PepsiCo from $162.00 to $165.00 and gave the stock a “hold” rating in a research report on Friday, February 20th. Morgan Stanley upped their price target on PepsiCo from $165.00 to $180.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. JPMorgan Chase & Co. upped their price target on PepsiCo from $172.00 to $178.00 and gave the stock an “overweight” rating in a report on Friday, April 17th. Finally, Wells Fargo & Company upped their price target on PepsiCo from $154.00 to $165.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $170.26.
View Our Latest Stock Report on PepsiCo
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.
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