Windward Capital Management Co. CA Has $15.88 Million Position in PepsiCo, Inc. $PEP

Windward Capital Management Co. CA reduced its position in PepsiCo, Inc. (NASDAQ:PEP) by 4.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 110,652 shares of the company’s stock after selling 4,648 shares during the quarter. PepsiCo makes up about 1.3% of Windward Capital Management Co. CA’s investment portfolio, making the stock its 26th largest holding. Windward Capital Management Co. CA’s holdings in PepsiCo were worth $15,881,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. JCIC Asset Management Inc. acquired a new position in PepsiCo in the third quarter worth approximately $27,000. MH & Associates Securities Management Corp ADV acquired a new stake in PepsiCo in the fourth quarter valued at approximately $29,000. Imprint Wealth LLC acquired a new stake in PepsiCo in the third quarter valued at approximately $31,000. Halbert Hargrove Global Advisors LLC grew its position in PepsiCo by 667.7% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock worth $33,000 after acquiring an additional 207 shares in the last quarter. Finally, Strategic Advocates LLC acquired a new position in shares of PepsiCo during the 3rd quarter worth $33,000. 73.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

PEP has been the subject of several recent analyst reports. Argus raised shares of PepsiCo to a “hold” rating in a report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft upped their price objective on PepsiCo from $169.00 to $173.00 and gave the company a “buy” rating in a research note on Friday, April 17th. JPMorgan Chase & Co. lifted their price objective on PepsiCo from $172.00 to $178.00 and gave the company an “overweight” rating in a report on Friday, April 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of PepsiCo in a research report on Wednesday, April 8th. Finally, Wells Fargo & Company raised their price objective on shares of PepsiCo from $154.00 to $165.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. Eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $170.26.

PepsiCo Price Performance

Shares of PEP stock opened at $155.70 on Friday. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $171.48. The company has a current ratio of 0.90, a quick ratio of 0.72 and a debt-to-equity ratio of 1.98. The firm’s 50 day moving average is $158.82 and its 200-day moving average is $151.95. The firm has a market capitalization of $212.81 billion, a price-to-earnings ratio of 24.44, a PEG ratio of 2.82 and a beta of 0.40.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Thursday, April 16th. The company reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $0.06. PepsiCo had a net margin of 9.15% and a return on equity of 56.61%. The business had revenue of $19.44 billion during the quarter, compared to analyst estimates of $18.89 billion. During the same quarter last year, the business posted $1.48 earnings per share. PepsiCo’s revenue for the quarter was up 8.5% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.465-8.628 EPS. Sell-side analysts forecast that PepsiCo, Inc. will post 8.63 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 6th were given a dividend of $1.4225 per share. The ex-dividend date was Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a dividend yield of 3.7%. PepsiCo’s payout ratio is presently 89.32%.

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

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.