Natixis Advisors LLC Raises Position in PepsiCo, Inc. $PEP

Natixis Advisors LLC boosted its stake in PepsiCo, Inc. (NASDAQ:PEP) by 37.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 909,610 shares of the company’s stock after buying an additional 249,707 shares during the quarter. Natixis Advisors LLC’s holdings in PepsiCo were worth $130,547,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cypress Capital Management LLC WY lifted its stake in PepsiCo by 8.3% in the 4th quarter. Cypress Capital Management LLC WY now owns 838 shares of the company’s stock valued at $121,000 after buying an additional 64 shares in the last quarter. United Bank lifted its stake in PepsiCo by 3.9% in the 4th quarter. United Bank now owns 1,717 shares of the company’s stock valued at $246,000 after buying an additional 65 shares in the last quarter. Koa Wealth Management LLC lifted its stake in PepsiCo by 0.9% in the 4th quarter. Koa Wealth Management LLC now owns 8,007 shares of the company’s stock valued at $1,149,000 after buying an additional 68 shares in the last quarter. Delta Asset Management LLC TN lifted its stake in PepsiCo by 0.6% in the 3rd quarter. Delta Asset Management LLC TN now owns 11,000 shares of the company’s stock valued at $1,545,000 after buying an additional 70 shares in the last quarter. Finally, Westside Investment Management Inc. lifted its stake in PepsiCo by 2.8% in the 3rd quarter. Westside Investment Management Inc. now owns 2,602 shares of the company’s stock valued at $366,000 after buying an additional 70 shares in the last quarter. 73.07% of the stock is owned by hedge funds and other institutional investors.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is taking steps to keep products affordable without sacrificing innovation, which could help protect volumes as consumers remain budget-conscious. How PepsiCo Is Achieving Affordability
• Positive Sentiment: The company is rolling out new products such as premium energy drink brand Adrenaline Rush and protein popcorn, signaling efforts to drive growth beyond core snacks and beverages. PepsiCo launches premium energy drink brand ‘Adrenaline Rush’ PepsiCo debuts protein popcorn
• Positive Sentiment: Analysts and media coverage continue to highlight PepsiCo as a long-term dividend grower with strong cash flow, which supports its defensive investment appeal. PepsiCo and P&G are long-term dividend growers Why PepsiCo (PEP) Remains a Top Dividend King Despite Industry Challenges
• Neutral Sentiment: Recent commentary suggests PepsiCo’s brand restaging and turnaround plan are improving the outlook, but investors are still waiting to see whether those efforts translate into sustained organic sales growth. Can Brand Restaging Meaningfully Lift PepsiCo’s Organic Sales Outlook?
• Neutral Sentiment: Coverage questioning whether PEP can reach a new all-time high reflects uncertainty around the stock’s near-term momentum after a recent pullback. Will Pepsi Stock Hit a New All Time High in 2026?
• Negative Sentiment: PepsiCo has been underperforming lately, with shares well below recent moving averages, suggesting investors remain cautious about slower growth and consumer spending pressure. Is PepsiCo Stock Underperforming the Dow?

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Barclays raised their price target on shares of PepsiCo from $154.00 to $158.00 and gave the company an “equal weight” rating in a research note on Monday, April 20th. TD Cowen raised their price target 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. The Goldman Sachs Group raised their target price on shares of PepsiCo from $180.00 to $183.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Rothschild & Co Redburn raised their target price on shares of PepsiCo from $130.00 to $132.00 in a research note on Monday, May 11th. Finally, Evercore raised their target price on shares of PepsiCo from $165.00 to $170.00 in a research note on Friday, April 17th. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, PepsiCo has an average rating of “Hold” and an average price target of $170.11.

PepsiCo Trading Up 0.3%

PEP opened at $142.00 on Wednesday. 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 company’s 50 day simple moving average is $152.90 and its two-hundred day simple moving average is $152.64. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $171.48. The firm has a market capitalization of $194.08 billion, a price-to-earnings ratio of 22.29, a price-to-earnings-growth ratio of 2.56 and a beta of 0.35.

PepsiCo (NASDAQ:PEP) last released its earnings results on Wednesday, April 15th. The company reported $1.61 earnings per share for the quarter, topping 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 analyst estimates of $18.89 billion. During the same period last year, the company posted $1.48 EPS. The business’s revenue was up 8.5% on a year-over-year basis. Analysts expect that PepsiCo, Inc. will post 8.63 EPS for the current fiscal year.

PepsiCo Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th will be issued a dividend of $1.48 per share. The ex-dividend date is Friday, June 5th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.2%. This is an increase from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s payout ratio is 89.32%.

PepsiCo announced that its Board of Directors has initiated a share buyback program on Tuesday, February 3rd that permits the company to buyback $10.00 billion in shares. This buyback authorization permits the company to reacquire up to 4.7% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are 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.