3,424 Shares in PepsiCo, Inc. $PEP Bought by Ground Swell Capital LLC

Ground Swell Capital LLC purchased a new stake in PepsiCo, Inc. (NASDAQ:PEP) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 3,424 shares of the company’s stock, valued at approximately $491,000. PepsiCo makes up 1.0% of Ground Swell Capital LLC’s portfolio, making the stock its 8th largest holding.

Other institutional investors have also added to or reduced their stakes in the company. JCIC Asset Management Inc. purchased a new position in shares of PepsiCo during the third quarter valued at about $27,000. MH & Associates Securities Management Corp ADV bought a new stake in PepsiCo during the 4th quarter valued at approximately $29,000. Imprint Wealth LLC purchased a new position in shares of PepsiCo during the 3rd quarter worth approximately $31,000. Strategic Advocates LLC bought a new position in shares of PepsiCo in the 3rd quarter worth approximately $33,000. Finally, Mowery & Schoenfeld Wealth Management LLC purchased a new position in PepsiCo during the fourth quarter valued at $33,000. 73.07% of the stock is currently owned by institutional investors.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Rothschild & Co Redburn raised its price target on PepsiCo, signaling a more constructive outlook on the stock even though the new target still implies downside from current levels. Rothschild & Co Redburn adjusts price target on PepsiCo to 132 from 130
• Positive Sentiment: Analysts highlighted early turnaround signs in PepsiCo Foods North America, with snack volumes improving and healthier product offerings potentially supporting 2026 growth. Will PepsiCo Foods North America Drive a 2026 Turnaround?
• Positive Sentiment: Elliott Investment Management reportedly built a roughly $4 billion stake in PepsiCo, increasing pressure for operational improvements and margin expansion in North American snacks and beverages. Elliott’s US$4b PepsiCo Stake Puts North American Margins In Focus
• Neutral Sentiment: PepsiCo is expanding sustainability and local production initiatives, including decarbonizing farming and boosting manufacturing in the Middle East, which may help the long-term story but is unlikely to move the stock immediately. PepsiCo and Fertiberia working to decarbonise potato and corn farming across 400000 acres in Europe
• Negative Sentiment: Some market commentary continues to focus on margin pressure and the need for a turnaround, while the updated analyst target still sits below where the stock has been trading, which can temper enthusiasm. Rothschild & Co Redburn Issues Positive Forecast for PepsiCo

PepsiCo Trading Up 1.6%

NASDAQ:PEP opened at $151.85 on Wednesday. PepsiCo, Inc. has a 52 week low of $127.60 and a 52 week high of $171.48. The stock has a market cap of $207.54 billion, a price-to-earnings ratio of 23.84, a PEG ratio of 2.74 and a beta of 0.38. The company’s 50 day moving average price is $156.24 and its 200-day moving average price is $152.47. 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 data on Wednesday, April 15th. The company reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.06. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The business had revenue of $19.44 billion for the quarter, compared to analysts’ expectations of $18.89 billion. During the same period in the prior year, the firm posted $1.48 EPS. The firm’s quarterly revenue was up 8.5% on a year-over-year basis. On average, equities research analysts forecast that PepsiCo, Inc. will post 8.63 earnings per share for the current fiscal year.

PepsiCo Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, June 5th will be given a dividend of $1.48 per share. This represents a $5.92 annualized dividend and a dividend yield of 3.9%. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, June 5th. PepsiCo’s payout ratio is 89.32%.

PepsiCo declared that its board has initiated a stock buyback plan on Tuesday, February 3rd that authorizes the company to buyback $10.00 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 4.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of PepsiCo in a research note on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft raised their target price on shares of PepsiCo from $169.00 to $173.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Evercore upped their price target on PepsiCo from $165.00 to $170.00 in a research note on Friday, April 17th. TD Cowen raised their price objective on PepsiCo from $162.00 to $165.00 and gave the company a “hold” rating in a research report on Friday, February 20th. Finally, Wells Fargo & Company lifted their price objective on PepsiCo from $154.00 to $165.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Eight equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, PepsiCo has a consensus rating of “Hold” and a consensus price target of $170.37.

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.