Corps Capital Advisors LLC Acquires 4,074 Shares of PepsiCo, Inc. $PEP

Corps Capital Advisors LLC boosted its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 120.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 7,448 shares of the company’s stock after buying an additional 4,074 shares during the period. PepsiCo makes up approximately 1.1% of Corps Capital Advisors LLC’s investment portfolio, making the stock its 23rd biggest position. Corps Capital Advisors LLC’s holdings in PepsiCo were worth $1,069,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in PEP. Norges Bank bought a new stake in PepsiCo during the fourth quarter valued at $3,018,813,000. AQR Capital Management LLC boosted its stake in PepsiCo by 120.7% during the third quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock valued at $830,902,000 after buying an additional 3,235,726 shares during the period. Amundi boosted its stake in PepsiCo by 30.0% during the third quarter. Amundi now owns 8,641,588 shares of the company’s stock valued at $1,207,230,000 after buying an additional 1,995,362 shares during the period. Vanguard Group Inc. boosted its stake in PepsiCo by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company’s stock valued at $19,875,205,000 after buying an additional 1,612,652 shares during the period. Finally, Caisse de depot et placement du Quebec boosted its stake in PepsiCo by 151.7% during the third quarter. Caisse de depot et placement du Quebec now owns 2,597,986 shares of the company’s stock valued at $364,861,000 after buying an additional 1,565,883 shares during the period. Institutional investors own 73.07% of the company’s stock.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo continues to expand its autonomous freight network with Gatik, a move that could improve logistics efficiency and help address staffing challenges in hard-to-serve routes. How PepsiCo’s Driverless Freight Rollout With Gatik (PEP) Has Changed Its Investment Story
• Positive Sentiment: The company also highlighted sustainability-focused farmer financing through Compeer Financial, which supports PepsiCo’s supply chain and long-term agricultural sourcing strategy. Compeer Financial Collaborates with PepsiCo to Provide Strip-Till Equipment Financing
• Neutral Sentiment: PepsiCo was included in a Q1 review of beverage, alcohol, and tobacco stocks, but the article was primarily a peer comparison and did not indicate a major new catalyst. Beverages, Alcohol, and Tobacco Stocks Q1 In Review: PepsiCo (NASDAQ:PEP) Vs Peers
• Neutral Sentiment: Analyst estimate changes were modest, with Erste Group trimming FY2027 EPS slightly to $9.14 from $9.15, suggesting limited impact on the outlook.
• Negative Sentiment: TD Cowen cut its price target on PepsiCo to $150 from $165 and kept a hold rating, signaling more cautious near-term sentiment on the stock. TD Cowen adjusts PepsiCo price target to 150 from 165
• Negative Sentiment: Piper Sandler also lowered its price target on PepsiCo to $178 from $181, reinforcing the view that analysts see only limited upside from here. Piper Sandler adjusts price target on PepsiCo to 178 from 181

PepsiCo Trading Up 0.4%

NASDAQ PEP opened at $144.27 on Friday. The stock’s 50-day simple moving average is $151.11 and its two-hundred day simple moving average is $152.37. PepsiCo, Inc. has a twelve month low of $127.60 and a twelve month high of $171.48. The company has a quick ratio of 0.72, a current ratio of 0.90 and a debt-to-equity ratio of 1.98. The company has a market capitalization of $197.18 billion, a price-to-earnings ratio of 22.65, a PEG ratio of 2.60 and a beta of 0.35.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings data on Wednesday, April 15th. The company reported $1.61 EPS for the quarter, topping the consensus estimate of $1.55 by $0.06. The firm had revenue of $19.44 billion for the quarter, compared to the consensus estimate of $18.89 billion. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The company’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.48 earnings per share. Research analysts forecast that PepsiCo, Inc. will post 8.63 EPS for the current fiscal year.

PepsiCo Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, June 5th will be given a dividend of $1.48 per share. This represents a $5.92 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Friday, June 5th. This is a positive change from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s payout ratio is presently 92.94%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on PEP shares. Royal Bank Of Canada lowered their price target on PepsiCo from $165.00 to $163.00 and set a “sector perform” rating on the stock in a research report on Thursday, April 9th. Piper Sandler lowered their price target on PepsiCo from $181.00 to $178.00 and set an “overweight” rating on the stock in a research report on Friday. Rothschild & Co Redburn raised their price target on PepsiCo from $130.00 to $132.00 in a research report on Monday, May 11th. Barclays raised their price target on PepsiCo from $154.00 to $158.00 and gave the company an “equal weight” rating in a research report on Monday, April 20th. Finally, The Goldman Sachs Group raised their price target on PepsiCo from $180.00 to $183.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $167.35.

PepsiCo Profile

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.