OMERS ADMINISTRATION Corp raised its stake in PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 15.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 136,228 shares of the company’s stock after acquiring an additional 18,729 shares during the period. OMERS ADMINISTRATION Corp’s holdings in PepsiCo were worth $21,155,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Evergreen Advisors LLC acquired a new position in PepsiCo in the 1st quarter worth $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of PepsiCo during the fourth quarter worth about $26,000. Swiss RE Ltd. bought a new position in shares of PepsiCo during the fourth quarter worth about $28,000. MH & Associates Securities Management Corp ADV bought a new stake in PepsiCo in the 4th quarter valued at approximately $29,000. Finally, Networth Advisors LLC boosted its position in PepsiCo by 2,857.1% during the 1st quarter. Networth Advisors LLC now owns 207 shares of the company’s stock worth $32,000 after acquiring an additional 200 shares during the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of analysts have recently commented on the stock. BNP Paribas Exane cut their price objective on shares of PepsiCo from $195.00 to $183.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 8th. Royal Bank Of Canada cut their price target on shares of PepsiCo from $163.00 to $161.00 and set a “sector perform” rating on the stock in a research report on Friday, July 10th. Citigroup cut PepsiCo from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $170.00 to $145.00 in a report on Friday, July 10th. Piper Sandler set a $176.00 price target on PepsiCo in a research report on Thursday, July 9th. Finally, Wells Fargo & Company lowered their price target on PepsiCo from $150.00 to $140.00 and set an “equal weight” rating on the stock in a research report on Friday, July 10th. Seven investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $157.90.
PepsiCo Stock Up 1.3%
Shares of PEP stock opened at $136.64 on Friday. PepsiCo, Inc. has a 52-week low of $133.73 and a 52-week high of $171.48. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.74 and a current ratio of 0.93. The stock has a market cap of $186.50 billion, a price-to-earnings ratio of 17.91, a PEG ratio of 3.00 and a beta of 0.36. The firm’s 50-day moving average is $142.11 and its 200-day moving average is $150.93.
PepsiCo (NASDAQ:PEP – Get Free Report) last announced its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, topping analysts’ consensus estimates of $2.19 by $0.01. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The firm had revenue of $24.18 billion for the quarter, compared to the consensus estimate of $23.95 billion. During the same quarter in the previous year, the business earned $0.92 earnings per share. The business’s revenue was up 6.4% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Sell-side analysts predict that PepsiCo, Inc. will post 8.57 EPS for the current year.
PepsiCo Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be given a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Friday, September 4th. PepsiCo’s payout ratio is 77.59%.
Trending Headlines about PepsiCo
Here are the key news stories impacting PepsiCo this week:
- Positive Sentiment: Investors bought an unusually large number of PepsiCo call options, with call volume running about 70% above average, signaling bullish trading activity and expectations for upside.
- Positive Sentiment: News that Quaker Oats plans a major expansion at PepsiCo’s North Texas facility could be viewed as a long-term growth and capacity positive. PepsiCo’s Quaker Oats plans major expansion at its North Texas facility
- Neutral Sentiment: PepsiCo is still trading near the lower end of its 52-week range, which reflects recent weakness, but also leaves room for a rebound if sentiment improves.
- Negative Sentiment: Zacks Research trimmed multiple PepsiCo earnings estimates, including FY2026, FY2027, FY2028 and several quarterly forecasts, which may pressure the stock by reinforcing concerns about earnings momentum.
- Negative Sentiment: Reports that PepsiCo will cease warehouse operations at an Oklahoma production site may raise concerns about restructuring or operational disruption. PepsiCo to cease warehouse operations at Oklahoma production site
- Negative Sentiment: One Seeking Alpha article argued PepsiCo should be downgraded to “Sell,” reflecting continued skepticism about the stock’s near-term return potential. PepsiCo: ‘Upgrading’ From Strong Sell To Sell, But I Still Expect Frozen Returns
PepsiCo Company 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.
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