Fiduciary Alliance LLC Has $2.52 Million Stake in PepsiCo, Inc. $PEP

Fiduciary Alliance LLC raised its position in PepsiCo, Inc. (NASDAQ:PEP) by 38.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,304 shares of the company’s stock after buying an additional 4,528 shares during the quarter. Fiduciary Alliance LLC’s holdings in PepsiCo were worth $2,525,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Auto Owners Insurance Co increased its stake in PepsiCo by 14,857.8% in the fourth quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company’s stock valued at $7,068,777,000 after acquiring an additional 48,923,629 shares during the last quarter. Norges Bank bought a new stake in PepsiCo during the fourth quarter worth $3,018,813,000. AQR Capital Management LLC boosted its holdings in shares of PepsiCo by 120.7% in the 3rd quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock valued at $830,902,000 after purchasing an additional 3,235,726 shares in the last quarter. Amundi increased its stake in shares of PepsiCo by 30.0% in the 3rd quarter. Amundi now owns 8,641,588 shares of the company’s stock valued at $1,207,230,000 after purchasing an additional 1,995,362 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of 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 buying an additional 1,612,652 shares in the last quarter. Institutional investors own 73.07% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on PEP shares. Wall Street Zen lowered PepsiCo from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th. TD Cowen dropped their target price on shares of PepsiCo from $165.00 to $150.00 and set a “hold” rating for the company in a report on Friday, June 12th. Royal Bank Of Canada reduced their price target on shares of PepsiCo from $165.00 to $163.00 and set a “sector perform” rating on the stock in a research note on Thursday, April 9th. Barclays lifted their price target on shares of PepsiCo from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Monday, April 20th. Finally, HSBC increased their price objective on shares of PepsiCo from $175.00 to $176.00 and gave the company a “hold” rating in a research note on Friday, April 17th. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, PepsiCo presently has an average rating of “Hold” and a consensus target price of $166.85.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo remains a long-term income favorite, with a 54-year streak of dividend increases that reinforces its defensive profile for investors. The upcoming earnings report will be watched to see whether that streak can continue. Buy This Dividend King with a 54-Year Streak Before July 9
• Positive Sentiment: Citigroup kept a buy rating on PepsiCo while lowering its target price to $170 from $182, implying meaningful upside from current levels despite the reduction. Citigroup price target update
• Neutral Sentiment: Bank of America cut its price target to $164 from $173 and maintained a neutral stance, citing slower PFNA recovery. That suggests the stock still has upside potential, but near-term recovery may be slower than hoped. Bank of America target cut and neutral rating
• Neutral Sentiment: Wall Street is looking for PepsiCo’s Q2 2026 earnings to show only modest EPS growth, so the upcoming report could be a key catalyst if results or guidance surprise in either direction. PepsiCo’s Q2 2026 Earnings: What to Expect
• Neutral Sentiment: News that Hershey hired a former PepsiCo executive for a U.S. president role is more of an executive-mobility story than a direct operating issue for PepsiCo, so it likely has limited immediate stock impact. Hershey taps PepsiCo executive for US president role
• Negative Sentiment: PepsiCo’s stock has been weakening recently, and multiple articles point to investor caution ahead of earnings and pressure from valuation concerns, which helps explain the downside in the shares. PepsiCo stock weighing DCF upside against recent share price weakness

PepsiCo Price Performance

PepsiCo stock opened at $139.52 on Friday. The stock has a 50-day moving average price of $148.66 and a two-hundred day moving average price of $152.09. PepsiCo, Inc. has a 12 month low of $127.60 and a 12 month high of $171.48. The company has a market capitalization of $190.69 billion, a PE ratio of 21.90, a P/E/G ratio of 2.83 and a beta of 0.35. The company has a current ratio of 0.90, a quick ratio of 0.72 and a debt-to-equity ratio of 1.98.

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

PepsiCo Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, June 5th will be issued a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a yield of 4.2%. 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%.

PepsiCo Company 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.