Kestra Advisory Services LLC Buys 18,187 Shares of PepsiCo, Inc. $PEP

Kestra Advisory Services LLC raised its position in PepsiCo, Inc. (NASDAQ:PEP) by 8.5% during the first quarter, Holdings Channel reports. The institutional investor owned 232,363 shares of the company’s stock after buying an additional 18,187 shares during the quarter. Kestra Advisory Services LLC’s holdings in PepsiCo were worth $36,084,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Cypress Capital Management LLC WY boosted its stake in shares of 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 purchasing an additional 64 shares during the last quarter. United Bank lifted its holdings in PepsiCo by 3.9% in the fourth quarter. United Bank now owns 1,717 shares of the company’s stock valued at $246,000 after buying an additional 65 shares during the period. Onyx Bridge Wealth Group LLC boosted its stake in PepsiCo by 2.5% in the first quarter. Onyx Bridge Wealth Group LLC now owns 2,673 shares of the company’s stock valued at $415,000 after acquiring an additional 66 shares during the last quarter. Richards Merrill & Peterson Inc. boosted its stake in PepsiCo by 3.6% in the first quarter. Richards Merrill & Peterson Inc. now owns 1,938 shares of the company’s stock valued at $301,000 after acquiring an additional 67 shares during the last quarter. Finally, Koa Wealth Management LLC grew its holdings in PepsiCo by 0.9% during the 4th quarter. Koa Wealth Management LLC now owns 8,007 shares of the company’s stock worth $1,149,000 after acquiring an additional 68 shares during the period. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Trading Down 0.3%

Shares of PEP traded down $0.48 during trading hours on Friday, reaching $137.38. The stock had a trading volume of 9,071,253 shares, compared to its average volume of 9,517,085. The company has a market cap of $187.77 billion, a P/E ratio of 21.57, a P/E/G ratio of 2.78 and a beta of 0.36. PepsiCo, Inc. has a 52 week low of $133.75 and a 52 week high of $171.48. The company has a quick ratio of 0.72, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. The firm has a 50-day moving average of $145.42 and a 200 day moving average of $151.46.

PepsiCo (NASDAQ:PEP) last posted its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $0.01. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The firm had revenue of $24.18 billion during the quarter, compared to analysts’ expectations of $23.95 billion. During the same period in the previous year, the firm earned $0.92 earnings per share. The company’s revenue was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, sell-side analysts expect that PepsiCo, Inc. will post 8.62 earnings per share for the current fiscal year.

PepsiCo Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 5th were given a $1.48 dividend. The ex-dividend date was Friday, June 5th. This represents a $5.92 annualized dividend and a dividend yield of 4.3%. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s payout ratio is presently 92.94%.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s Q2 revenue topped Wall Street estimates, supported by stronger international growth and improved volumes in some markets.
• Positive Sentiment: The company reaffirmed its full-year guidance, which can help reassure investors that the turnaround plan is still on track.
• Positive Sentiment: PepsiCo’s long dividend track record remains a draw for income investors, with the company continuing its streak of annual increases.
• Neutral Sentiment: Several firms, including RBC, TD Cowen, Wells Fargo, Citi, and others, lowered price targets after the report, but most still kept neutral or hold-type ratings. Citi Analyst Downgrades PepsiCo Stock (PEP) Despite Q2 Beat, Slashes Target by 15%
• Neutral Sentiment: Analysts remain split between PepsiCo’s dividend/stability appeal and concerns about valuation, margin pressure, and a slow U.S. recovery. PepsiCo’s $200 Billion Stability Play Is Attracting Dividend Investors
• Negative Sentiment: Investors are worried that soft North American snack and beverage demand, plus higher commodity and fuel costs, could keep earnings momentum muted.
• Negative Sentiment: Media coverage compared PepsiCo unfavorably with Coca-Cola, highlighting market-share pressure and a more difficult turnaround narrative for PEP shares.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Citigroup lowered PepsiCo from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $170.00 to $145.00 in a research report on Friday. Sanford C. Bernstein set a $134.00 target price on PepsiCo in a research note on Friday. Morgan Stanley decreased their target price on PepsiCo from $180.00 to $160.00 and set an “equal weight” rating for the company in a research report on Friday. The Goldman Sachs Group upped their price target on PepsiCo from $180.00 to $183.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Finally, UBS Group set a $159.00 price target on shares of PepsiCo in a research report on Thursday. Seven research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, PepsiCo presently has an average rating of “Hold” and a consensus target price of $157.70.

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.