Colonial Trust Co SC Lowers Holdings in PepsiCo, Inc. $PEP

Colonial Trust Co SC decreased its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 21.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,427 shares of the company’s stock after selling 6,973 shares during the quarter. Colonial Trust Co SC’s holdings in PepsiCo were worth $3,649,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MH & Associates Securities Management Corp ADV purchased a new stake in PepsiCo in the 4th quarter valued at about $29,000. Imprint Wealth LLC purchased a new stake in PepsiCo in the 3rd quarter valued at about $31,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in PepsiCo in the 4th quarter valued at about $33,000. Evolution Wealth Management Inc. grew its holdings in PepsiCo by 47.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 232 shares of the company’s stock valued at $33,000 after buying an additional 75 shares during the period. Finally, Strategic Advocates LLC purchased a new stake in PepsiCo in the 3rd quarter valued at about $33,000. Hedge funds and other institutional investors own 73.07% of the company’s stock.

PepsiCo Stock Down 0.4%

NASDAQ PEP opened at $143.73 on Friday. The stock has a market cap of $196.45 billion, a PE ratio of 22.56, a P/E/G ratio of 2.62 and a beta of 0.35. PepsiCo, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $171.48. The business has a 50 day moving average price of $151.32 and a two-hundred day moving average price of $152.42. The company has a quick ratio of 0.72, a current ratio of 0.90 and a debt-to-equity ratio of 1.98.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings results on Wednesday, April 15th. The company reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.55 by $0.06. The firm had revenue of $19.44 billion during the quarter, compared to analysts’ expectations of $18.89 billion. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.PepsiCo’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.48 EPS. As a group, sell-side analysts predict that PepsiCo, Inc. will post 8.63 EPS for the current fiscal year.

PepsiCo Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, June 5th will be given a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, June 5th. This is a positive change from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s dividend payout ratio is currently 92.94%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of PepsiCo in a report on Wednesday, April 8th. Wells Fargo & Company decreased their target price on PepsiCo from $160.00 to $150.00 and set an “equal weight” rating for the company in a report on Friday, June 5th. Royal Bank Of Canada decreased their target price on PepsiCo from $165.00 to $163.00 and set a “sector perform” rating for the company in a report on Thursday, April 9th. UBS Group decreased their target price on PepsiCo from $190.00 to $186.00 and set a “buy” rating for the company in a report on Tuesday, April 7th. Finally, Argus upgraded PepsiCo to a “hold” rating in a report on Tuesday, February 17th. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $168.25.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is expanding its autonomous trucking partnership with Gatik, now using fully driverless freight operations across Texas, Arizona, and Arkansas to help ease labor shortages in hard-to-staff parts of its supply chain. How PepsiCo’s Driverless Freight Rollout With Gatik (PEP) Has Changed Its Investment Story
• Positive Sentiment: PepsiCo is also partnering with Compeer Financial on a strip-till equipment financing pilot that helps farmers adopt soil conservation practices, reinforcing the company’s sustainability image and relationships with agricultural suppliers. Compeer Financial Collaborates with PepsiCo to Provide Strip-Till Equipment Financing
• Positive Sentiment: Analyst commentary continues to frame PepsiCo as a long-term growth and dividend holding, with several recent pieces highlighting valuation support and rebound potential. Why PepsiCo (PEP) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Management is continuing to promote PepsiCo’s women’s sports sponsorship and consumer engagement strategy as a growth driver, which supports the brand narrative but is not an immediate earnings catalyst. BIS: PepsiCo’s Carolyn Braff on women’s sports being a key growth driver
• Neutral Sentiment: Erste Group slightly trimmed its FY2027 EPS estimate for PepsiCo, but the revision was minimal and did not materially change the broader earnings outlook. PepsiCo, Inc. Stock Overview
• Negative Sentiment: The stock remains pressured by investor caution after recent trading weakness and a valuation that has come down from its highs, suggesting the market is waiting for stronger near-term growth or margin improvement. PepsiCo Steps Up Autonomous Freight Use As Valuation Gap Persists

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.