Beaumont Financial Advisors LLC Cuts Holdings in PepsiCo, Inc. $PEP

Beaumont Financial Advisors LLC trimmed its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 4.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,967 shares of the company’s stock after selling 4,425 shares during the period. Beaumont Financial Advisors LLC’s holdings in PepsiCo were worth $14,204,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Evolution Wealth Management Inc. bought a new stake in PepsiCo during the second quarter valued at $27,000. JCIC Asset Management Inc. bought a new position in PepsiCo in the 3rd quarter worth approximately $27,000. Imprint Wealth LLC bought a new stake in shares of PepsiCo during the third quarter valued at about $31,000. Halbert Hargrove Global Advisors LLC raised its position in shares of PepsiCo by 667.7% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock worth $33,000 after buying an additional 207 shares in the last quarter. Finally, Strategic Advocates LLC acquired a new stake in PepsiCo in the third quarter worth approximately $33,000. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on PEP shares. Evercore lifted their price target on shares of PepsiCo from $152.00 to $165.00 in a research report on Wednesday, February 4th. Wells Fargo & Company boosted their price objective on shares of PepsiCo from $154.00 to $165.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. Piper Sandler raised their price target on PepsiCo from $172.00 to $181.00 and gave the stock an “overweight” rating in a research note on Thursday, March 12th. JPMorgan Chase & Co. increased their price objective on PepsiCo from $164.00 to $176.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Finally, Morgan Stanley raised their price objective on shares of PepsiCo from $165.00 to $180.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. 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’s stock. According to MarketBeat.com, PepsiCo presently has an average rating of “Hold” and an average price target of $169.00.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: New product momentum — PepsiCo launched a highly anticipated soda flavor that generated consumer excitement and social buzz, which can support short-term sales and retail velocity. PepsiCo Just Dropped a Highly Anticipated Soda Flavor—and Fans Are ‘Screaming’ With Excitement
• Positive Sentiment: Brand refresh and packaging — PepsiCo began a Tostitos brand refresh with updated packaging, supporting snack category relevance and retail shelf appeal. Product/packaging updates can lift in-store sell-through. PepsiCo Begins Tostitos Brand Refresh, Introduces Updated Packaging
• Positive Sentiment: Deeper event and fandom integration — Initiatives like Pepsi Football Nation and new venue supply deals aim to embed brands in live entertainment, which may boost out-of-home sales and marketing ROI. Is Pepsi Football Nation And New Venue Deals Reshaping the Investment Case For PepsiCo (PEP)?
• Positive Sentiment: Dividend appeal and defensive demand — Coverage highlighting PepsiCo as a consistent dividend payer and a defensive consumer-staples play is drawing investor interest amid recession concerns. That helps support valuation in risk-off environments. 3 Consistent Dividend Payers Outperforming in 2026: VZ, PEP, MO
• Neutral Sentiment: Strategic/ESG investments — Examples include a UK solar investment for distribution sites; positive for long-term cost and sustainability but not an immediate earnings driver. Behind PepsiCo’s US$4.8m Investment in UK Solar
• Neutral Sentiment: Ongoing coverage on valuation and earnings cadence — Several pieces revisit PepsiCo’s valuation, historical earnings-beat record and comparisons with Coca‑Cola; useful context but no single story moving fundamentals today. PepsiCo (PEP) Valuation Check After Mixed Short And Long Term Shareholder Returns
• Negative Sentiment: Analyst target trim — Deutsche Bank lowered its price target on PEP (from $176 to $169) citing “mounting industry pressures,” though it kept a Buy rating. That introduces some moderation to upside expectations and may cap near-term gains. Deutsche Bank Sees Mounting Industry Pressures, Trims PepsiCo (PEP) Target

PepsiCo Stock Performance

NASDAQ PEP opened at $157.01 on Friday. The company’s fifty day moving average is $159.66 and its two-hundred day moving average is $150.40. PepsiCo, Inc. has a 52-week low of $127.60 and a 52-week high of $171.48. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.85 and a quick ratio of 0.67. The firm has a market capitalization of $214.62 billion, a price-to-earnings ratio of 26.17, a P/E/G ratio of 2.98 and a beta of 0.40.

PepsiCo (NASDAQ:PEP) last issued its earnings results on Monday, February 2nd. The company reported $2.26 EPS for the quarter, beating analysts’ consensus estimates 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%.PepsiCo’s revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.96 earnings per share. Equities research analysts forecast that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, February 3rd that permits the company to buyback $10.00 billion in shares. This buyback authorization permits the company to purchase up to 4.7% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its stock is undervalued.

PepsiCo Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend was Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a dividend yield of 3.6%. PepsiCo’s dividend payout ratio (DPR) is presently 94.83%.

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.