Northcape Wealth Management LLC Purchases 4,446 Shares of PepsiCo, Inc. $PEP

Northcape Wealth Management LLC grew its position in PepsiCo, Inc. (NASDAQ:PEP) by 12.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 40,454 shares of the company’s stock after acquiring an additional 4,446 shares during the period. PepsiCo accounts for approximately 1.6% of Northcape Wealth Management LLC’s investment portfolio, making the stock its 12th biggest position. Northcape Wealth Management LLC’s holdings in PepsiCo were worth $5,806,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of PEP. Evolution Wealth Management Inc. bought a new position in shares of PepsiCo in the 2nd quarter valued at $27,000. JCIC Asset Management Inc. bought a new position in shares of PepsiCo in the 3rd quarter valued at $27,000. MH & Associates Securities Management Corp ADV bought a new position in shares of PepsiCo in the 4th quarter valued at $29,000. Imprint Wealth LLC bought a new position in shares of PepsiCo in the 3rd quarter valued at $31,000. Finally, Halbert Hargrove Global Advisors LLC lifted its stake in shares of PepsiCo by 667.7% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock valued at $33,000 after acquiring an additional 207 shares during the last quarter. 73.07% of the stock is currently owned by institutional investors.

PepsiCo Stock Up 1.0%

Shares of NASDAQ:PEP opened at $154.80 on Thursday. The firm has a market cap of $211.60 billion, a P/E ratio of 25.80, a P/E/G ratio of 3.03 and a beta of 0.40. The company has a quick ratio of 0.67, a current ratio of 0.85 and a debt-to-equity ratio of 2.06. PepsiCo, Inc. has a 12-month low of $127.60 and a 12-month high of $171.48. The business has a fifty day simple moving average of $160.34 and a 200 day simple moving average of $150.88.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.24 by $0.02. The business had revenue of $29.34 billion during the quarter, compared to analyst estimates of $28.96 billion. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.During the same period last year, the company earned $1.96 EPS. PepsiCo’s revenue for the quarter was up 5.6% compared to the same quarter last year. Analysts predict that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo announced that its Board of Directors has authorized a share buyback program on Tuesday, February 3rd that allows the company to buyback $10.00 billion in shares. This buyback authorization allows the company to purchase up to 4.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its stock is undervalued.

PepsiCo Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 6th were issued a dividend of $1.4225 per share. This represents a $5.69 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Friday, March 6th. PepsiCo’s dividend payout ratio (DPR) is presently 94.83%.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: New product momentum — PepsiCo is rolling out “Dirty Mountain Dew” nationally (RTD beverage), a beverage innovation that can help beverage growth and offset some snack weakness. PepsiCo Balances Dirty Mountain Dew Launch With Snack Pricing And ESG Risks
• Positive Sentiment: Sustainability/operational win — PepsiCo commissioned eight retrofitted electric trucks in India, a small but visible ESG/efficiency initiative that investors watch for cost and brand benefits. PepsiCo commissions eight retrofitted electric trucks in India
• Positive Sentiment: Analyst support remains — JPMorgan trimmed its target slightly but kept an overweight rating, signaling continued confidence in PepsiCo’s long‑term case. That provides support to the stock amid near‑term noise. MarketScreener
• Neutral Sentiment: Q1 expectations steady — Multiple brokerages expect largely in‑line Q1 results, so near‑term guidance and any North America foods turnaround commentary will be the key earnings reaction points. PepsiCo Likely to Post In-Line First-Quarter Results, BofA Says
• Neutral Sentiment: Investment narrative shifting — Analysts are adjusting fair value and targets up and down as they reassess pricing, volumes and new product rollouts; this creates mixed signals rather than a clear direction. How The PepsiCo (PEP) Investment Narrative Is Shifting With Mixed Targets And Fair Value Reset
• Negative Sentiment: Pricing backlash and lost sales — Heavy coverage reports that pandemic-era price hikes (e.g., Doritos reaching ~$7/bag) cost PepsiCo billions in sales and market value, spotlighting demand elasticity risks in snacks. How $7 bags of Doritos cost PepsiCo billions in sales
• Negative Sentiment: Price cuts and execution worries — PepsiCo has begun cutting Frito‑Lay prices to regain demand, but reports say those moves haven’t fully reassured customers or fixed lost shelf space—raising short‑term margin and execution concerns. PepsiCo hopes to bag more cash with plan to lower prices on snacks
• Negative Sentiment: Analyst pessimism and brand risk — UBS and other outlets published cautious takes/forecasts citing lingering risks from the snack pricing fallout; brand losses (e.g., some hotel accounts switching to Coke) add to the headwinds. UBS Group Issues Pessimistic Forecast for PepsiCo (NASDAQ:PEP) Stock Price

Wall Street Analyst Weigh In

A number of brokerages have recently commented on PEP. TD Cowen increased their price target on PepsiCo from $162.00 to $165.00 and gave the company a “hold” rating in a research note on Friday, February 20th. HSBC raised their target price on PepsiCo from $152.00 to $175.00 and gave the stock a “hold” rating in a research report on Thursday, February 5th. Royal Bank Of Canada raised their target price on PepsiCo from $156.00 to $165.00 and gave the stock a “sector perform” rating in a research report on Monday, March 2nd. Rothschild & Co Redburn raised their target price on PepsiCo from $120.00 to $130.00 and gave the stock a “sell” rating in a research report on Tuesday, February 10th. Finally, Argus raised PepsiCo to a “hold” rating in a research report on Tuesday, February 17th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $168.58.

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.