3,957 Shares in PepsiCo, Inc. $PEP Purchased by Bingham Private Wealth LLC

Bingham Private Wealth LLC purchased a new position in PepsiCo, Inc. (NASDAQ:PEP) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 3,957 shares of the company’s stock, valued at approximately $568,000.

Several other institutional investors also recently modified their holdings of PEP. Sunpointe LLC grew its position in PepsiCo by 11.3% during the 4th quarter. Sunpointe LLC now owns 3,003 shares of the company’s stock valued at $435,000 after purchasing an additional 306 shares during the last quarter. Farther Finance Advisors LLC grew its position in PepsiCo by 52.3% during the 4th quarter. Farther Finance Advisors LLC now owns 66,893 shares of the company’s stock valued at $9,600,000 after purchasing an additional 22,977 shares during the last quarter. Sage Mountain Advisors LLC grew its position in PepsiCo by 5.9% during the 4th quarter. Sage Mountain Advisors LLC now owns 10,982 shares of the company’s stock valued at $1,576,000 after purchasing an additional 609 shares during the last quarter. Natural Investments LLC grew its position in PepsiCo by 0.6% during the 4th quarter. Natural Investments LLC now owns 13,280 shares of the company’s stock valued at $1,905,000 after purchasing an additional 84 shares during the last quarter. Finally, Cove Private Wealth LLC grew its position in PepsiCo by 9.3% during the 4th quarter. Cove Private Wealth LLC now owns 10,953 shares of the company’s stock valued at $1,572,000 after purchasing an additional 934 shares during the last quarter. 73.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. JPMorgan Chase & Co. cut their price objective on shares of PepsiCo from $176.00 to $172.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 8th. Citigroup increased their price objective on shares of PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Piper Sandler increased their price objective on shares of PepsiCo from $172.00 to $181.00 and gave the company an “overweight” rating in a research report on Thursday, March 12th. Morgan Stanley increased 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. Finally, Wells Fargo & Company increased 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. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $168.16.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Jim Cramer highlighted PepsiCo as a top packaged-food pick and praised management’s handling of category challenges (GLP‑1 effects, processed-food trends), which can boost retail investor interest ahead of earnings. Jim Cramer Notes He is Impressed With “Pepsi’s Dealing With the Travails of Processed Food and the Year of GLP-1”
• Positive Sentiment: 247WallStreet publishes a bullish 12‑month target (~$177), arguing defensive characteristics, dividend reliability and international momentum support ~13% upside — a counterpoint to recent cuts that can attract long‑term buyers. This Will be PepsiCo’s Stock Price Next Year
• Positive Sentiment: TheStreet ran a piece highlighting PepsiCo’s long-term dividend compounding (Dividend King narrative), which reinforces the stock’s appeal to income investors and supports valuation stability. Early Pepsi stock investors now earn a 10% dividend yield
• Neutral Sentiment: PepsiCo is set to report Q1 results on April 16; options imply an approximate 4% post‑earnings move. The upcoming print is the primary near‑term catalyst and is likely driving caution/volume dynamics. PepsiCo (PEP) Stock Earnings Preview: Q1 2026 Results Expected April 16
• Neutral Sentiment: Analysts have been revising forecasts into the print (some raising EPS/revenue views), which can increase pre‑earnings volatility but also set expectations. PepsiCo Likely To Report Higher Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
• Negative Sentiment: Barclays trimmed its price target to $154 and kept an “equal weight” rating — a direct negative revision that set a nearer-term downside reference point for investors and likely pressured the stock intraday. Barclays adjusts PepsiCo price target to $154 from $160, maintains ‘equal weight’ rating
• Negative Sentiment: Wall Street shows mixed ratings — e.g., JPMorgan trimmed its target recently — signaling uneven analyst conviction on near‑term organic growth and margins, which can keep selling pressure until the company demonstrates clearer momentum. What’s Behind Mixed Ratings on PepsiCo, Inc. (PEP) in Wall Street

PepsiCo Stock Performance

Shares of NASDAQ PEP opened at $155.72 on Wednesday. The firm’s 50-day moving average price is $160.46 and its 200-day moving average price is $151.38. PepsiCo, Inc. has a 52-week low of $127.60 and a 52-week high of $171.48. The company has a quick ratio of 0.67, a current ratio of 0.85 and a debt-to-equity ratio of 2.06. The company has a market cap of $212.86 billion, a PE ratio of 25.95, a PEG ratio of 3.01 and a beta of 0.40.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings data on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, topping the consensus estimate of $2.24 by $0.02. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The firm had revenue of $29.34 billion for the quarter, compared to analysts’ expectations of $28.96 billion. During the same quarter in the prior year, the business earned $1.96 EPS. The business’s quarterly revenue was up 5.6% on a year-over-year basis. As a group, analysts anticipate that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo announced that its board has approved a share repurchase program on Tuesday, February 3rd that permits the company to buyback $10.00 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 4.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s management believes its shares are undervalued.

PepsiCo Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 6th were paid a $1.4225 dividend. This represents a $5.69 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Friday, March 6th. PepsiCo’s dividend payout ratio is 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.