PepsiCo, Inc. $PEP Stake Increased by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC grew its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 23.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 479,629 shares of the company’s stock after purchasing an additional 89,973 shares during the period. Douglas Lane & Associates LLC’s holdings in PepsiCo were worth $68,836,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. State Street Corp lifted its holdings in shares of PepsiCo by 1.8% in the third quarter. State Street Corp now owns 59,499,819 shares of the company’s stock valued at $8,356,155,000 after purchasing an additional 1,079,970 shares in the last quarter. Invesco Ltd. raised its holdings in shares of PepsiCo by 7.6% during the third 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. Legal & General Group Plc raised its holdings in shares of PepsiCo by 1.3% during the third quarter. Legal & General Group Plc now owns 8,902,664 shares of the company’s stock worth $1,250,290,000 after acquiring an additional 118,286 shares in the last quarter. Amundi raised its holdings in shares of PepsiCo by 30.0% during the third quarter. Amundi now owns 8,641,588 shares of the company’s stock worth $1,207,230,000 after acquiring an additional 1,995,362 shares in the last quarter. Finally, Fisher Asset Management LLC raised its holdings in shares of PepsiCo by 2.0% during the third quarter. Fisher Asset Management LLC now owns 8,112,038 shares of the company’s stock worth $1,139,255,000 after acquiring an additional 155,636 shares in the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

PepsiCo Trading Up 1.7%

Shares of NASDAQ:PEP opened at $157.49 on Friday. The company has a market cap of $215.28 billion, a P/E ratio of 26.25, a P/E/G ratio of 2.98 and a beta of 0.40. The stock’s 50-day moving average is $160.52 and its 200-day moving average is $150.92. 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 quick ratio of 0.67 and a current ratio of 0.85.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.24 by $0.02. The company had revenue of $29.34 billion for the quarter, compared to the consensus estimate of $28.96 billion. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The firm’s revenue was up 5.6% compared to the same quarter last year. During the same period last year, the business posted $1.96 earnings per share. Equities research analysts predict that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo announced that its board has authorized a stock buyback plan on Tuesday, February 3rd that authorizes the company to repurchase $10.00 billion in shares. This repurchase authorization authorizes the company to reacquire up to 4.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

PepsiCo Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 6th were paid a $1.4225 dividend. This represents a $5.69 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Friday, March 6th. PepsiCo’s dividend payout ratio (DPR) is presently 94.83%.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Analysts expect EPS growth and a likely earnings beat heading into the next report; previews note PepsiCo has the right setup (cost/price mix and revenue momentum) to beat estimates, which supports near-term upside into results. PepsiCo (PEP) Earnings Expected to Grow: Should You Buy?
• Positive Sentiment: Research notes and previews (Seeking Alpha, TipRanks) argue the company’s turnaround momentum is building and that PEP could see a tactical bounce into Q1 earnings — a supportive short-term technical/psychological catalyst. PepsiCo: Why The Turnaround Is Finally Taking Hold (Preview)
• Positive Sentiment: Operational/ESG actions: PepsiCo commissioned retrofitted electric trucks in India — a small but constructive sign for cost control and sustainability that can modestly support margins and investor sentiment over time. PepsiCo commissions eight retrofitted electric trucks in India
• Neutral Sentiment: New beverage SKU (Dirty Mountain Dew) plus announced snack price cuts: product innovation could help beverage growth, while tactical snack price reductions aim to regain shelf space — these moves reduce near-term pricing power but may stabilize volume. Impact depends on execution and margin trade-offs. PepsiCo Balances Dirty Mountain Dew Launch With Snack Pricing And ESG Risks
• Neutral Sentiment: Market commentary notes mixed performance vs. peers (moderate gains but lagging market), underscoring that broader market drivers and sector rotation are also influencing PEP’s move. PepsiCo (PEP) Increases Yet Falls Behind Market
• Negative Sentiment: Snack pricing missteps: coverage shows price hikes on Doritos/Cheetos significantly cut demand and led to lost sales and shelf-space pullbacks (Walmart/other retailers), which directly pressures Frito‑Lay revenue and margins. This is the clearest near-term headwind for PEP. Doritos at $7 a bag ended up costing PepsiCo billions
• Negative Sentiment: Analyst price-target trims and negative outlooks: RBC trimmed its PT to $163, JPMorgan lowered its PT to $172 (still overweight), and UBS issued a pessimistic forecast — these actions signal analyst caution and cap upside while the company rebalances snack pricing and restores distribution. RBC trims price target on PepsiCo to $163 JPMorgan adjusts price target on PepsiCo to $172
• Negative Sentiment: Independent bearish take: UBS’s pessimistic forecast adds downside risk should snack recovery stall or margin pressure persist. UBS Group Issues Pessimistic Forecast for PepsiCo

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on PEP. JPMorgan Chase & Co. cut their price objective on PepsiCo from $176.00 to $172.00 and set an “overweight” rating for the company in a report on Wednesday. BNP Paribas Exane set a $191.00 price objective on PepsiCo in a report on Wednesday, February 4th. Barclays increased their target price on shares of PepsiCo from $148.00 to $160.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. Weiss Ratings reissued a “hold (c)” rating on shares of PepsiCo in a research report on Friday, January 9th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of PepsiCo from $176.00 to $169.00 and set a “buy” rating on the stock in a research report on Monday, March 30th. Eight equities 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 company’s stock. Based on data from MarketBeat, PepsiCo presently has an average rating of “Hold” and an average price target of $168.47.

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.