PepsiCo, Inc. $PEP Shares Sold by Colonial Trust Advisors

Colonial Trust Advisors lessened its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 9.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 74,283 shares of the company’s stock after selling 7,386 shares during the period. Colonial Trust Advisors’ holdings in PepsiCo were worth $10,661,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the business. Vanguard Group Inc. lifted its stake in PepsiCo by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company’s stock worth $19,875,205,000 after acquiring an additional 1,612,652 shares in the last quarter. State Street Corp lifted its stake in PepsiCo by 1.8% during the 3rd quarter. State Street Corp now owns 59,499,819 shares of the company’s stock worth $8,356,155,000 after acquiring an additional 1,079,970 shares in the last quarter. Geode Capital Management LLC lifted its stake in PepsiCo by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 33,617,937 shares of the company’s stock worth $4,814,835,000 after acquiring an additional 360,936 shares in the last quarter. Norges Bank acquired a new position in PepsiCo during the 4th quarter worth about $3,018,813,000. Finally, Invesco Ltd. lifted its stake in PepsiCo by 7.6% during the 3rd quarter. Invesco Ltd. now owns 13,617,747 shares of the company’s stock worth $1,912,476,000 after acquiring an additional 958,701 shares in the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on PEP. JPMorgan Chase & Co. increased their target price on PepsiCo from $172.00 to $178.00 and gave the stock an “overweight” rating in a research note on Friday, April 17th. Weiss Ratings reissued a “hold (c)” rating on shares of PepsiCo in a research note on Wednesday, April 8th. Piper Sandler increased their target price on PepsiCo from $172.00 to $181.00 and gave the stock an “overweight” rating in a research note on Thursday, March 12th. Barclays increased their target price on PepsiCo from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Monday, April 20th. Finally, Evercore increased their price target on PepsiCo from $165.00 to $170.00 in a research report on Friday, April 17th. Eight research 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 data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $168.25.

PepsiCo Price Performance

PEP stock opened at $143.73 on Friday. 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 firm has a market capitalization of $196.45 billion, a P/E ratio of 22.56, a P/E/G ratio of 2.62 and a beta of 0.35. The business’s 50-day moving average is $151.32 and its two-hundred day moving average is $152.42. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $171.48.

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

PepsiCo Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th will be issued a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Friday, June 5th. This is an increase from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s dividend payout ratio (DPR) is currently 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.