Kestra Private Wealth Services LLC Raises Holdings in PepsiCo, Inc. $PEP

Kestra Private Wealth Services LLC boosted its stake in PepsiCo, Inc. (NASDAQ:PEP) by 3.7% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 151,617 shares of the company’s stock after buying an additional 5,477 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in PepsiCo were worth $23,545,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Auto Owners Insurance Co raised its holdings in shares of PepsiCo by 14,857.8% in the fourth quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company’s stock worth $7,068,777,000 after acquiring an additional 48,923,629 shares during the last quarter. Norges Bank acquired a new stake in shares of PepsiCo during the fourth quarter valued at $3,018,813,000. AQR Capital Management LLC increased its position in PepsiCo by 120.7% during the 3rd quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock worth $830,902,000 after purchasing an additional 3,235,726 shares in the last quarter. Amundi raised its stake in PepsiCo by 30.0% in the 3rd quarter. Amundi now owns 8,641,588 shares of the company’s stock valued at $1,207,230,000 after purchasing an additional 1,995,362 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in PepsiCo by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company’s stock valued at $19,875,205,000 after purchasing an additional 1,612,652 shares in the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Sanford C. Bernstein initiated coverage on shares of PepsiCo in a research note on Thursday, June 11th. They set a “market perform” rating and a $143.00 price target on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of PepsiCo in a research note on Wednesday, April 8th. HSBC raised their target price on shares of PepsiCo from $175.00 to $176.00 and gave the stock a “hold” rating in a research report on Friday, April 17th. Barclays boosted their price target on PepsiCo from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Monday, April 20th. Finally, Wall Street Zen lowered PepsiCo from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th. 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 data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $167.10.

PepsiCo Trading Up 0.2%

Shares of PEP stock opened at $142.27 on Thursday. The firm’s 50-day simple moving average is $148.99 and its 200-day simple moving average is $152.13. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.90 and a quick ratio of 0.72. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $171.48. The firm has a market cap of $194.45 billion, a P/E ratio of 22.33, a PEG ratio of 2.83 and a beta of 0.35.

PepsiCo (NASDAQ:PEP) last released its earnings results on Wednesday, April 15th. The company reported $1.61 earnings per share (EPS) 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 firm had revenue of $19.44 billion during the quarter, compared to the consensus estimate of $18.89 billion. During the same period in the previous year, the firm earned $1.48 earnings per share. PepsiCo’s revenue was up 8.5% compared to the same quarter last year. As a group, equities analysts forecast that PepsiCo, Inc. will post 8.63 EPS for the current year.

PepsiCo Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th will be paid a dividend of $1.48 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $5.92 annualized dividend and a dividend yield of 4.2%. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s dividend payout ratio is presently 92.94%.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Analysts and media commentary continue to argue that PepsiCo may be undervalued after recent share-price weakness, with one valuation piece highlighting upside versus the stock’s recent pullback and another predicting a path toward higher levels if growth initiatives and productivity savings materialize. PepsiCo (PEP) Stock Weighing DCF Upside Against Recent Share Price Weakness
• Positive Sentiment: Wall Street is looking for PepsiCo’s second-quarter earnings to show another modest increase in EPS, which suggests expectations remain constructive heading into the report. PepsiCo’s Q2 2026 Earnings: What to Expect
• Neutral Sentiment: PepsiCo is being mentioned in a broader brand and marketing context, including its high-profile partnership activity around women’s sports and Formula One, but these items appear more promotional than immediately material to earnings. Susie Wolff on F1’s Future: Inside PepsiCo’s billion dollar partnership
• Neutral Sentiment: Several items noted that Heather Hoytink, a former PepsiCo executive, will move to Hershey to lead its U.S. commercial business; this reflects executive talent movement rather than a direct operating impact on PepsiCo. Hershey appoints PepsiCo veteran to drive next phase of growth
• Negative Sentiment: Recent coverage also emphasized PepsiCo’s prior share-price weakness over the past week and month, underscoring that investors remain cautious despite the longer-term recovery thesis. PepsiCo (PEP) Stock Weighing DCF Upside Against Recent Share Price Weakness

PepsiCo Profile

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.