Rockland Trust Co. Raises Holdings in PepsiCo, Inc. $PEP

Rockland Trust Co. lifted its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 2.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 361,971 shares of the company’s stock after acquiring an additional 8,098 shares during the period. PepsiCo comprises 2.0% of Rockland Trust Co.’s investment portfolio, making the stock its 12th biggest holding. Rockland Trust Co.’s holdings in PepsiCo were worth $51,950,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. AQR Capital Management LLC boosted its position in PepsiCo by 120.7% during the third 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. First Trust Advisors LP boosted its stake in PepsiCo by 112.6% during the 2nd quarter. First Trust Advisors LP now owns 4,040,079 shares of the company’s stock worth $533,452,000 after purchasing an additional 2,139,847 shares during the last quarter. Amundi grew its stake in PepsiCo by 30.0% during the 3rd quarter. Amundi now owns 8,641,588 shares of the company’s stock valued at $1,207,230,000 after acquiring an additional 1,995,362 shares in the last quarter. Assenagon Asset Management S.A. grew its position in shares of PepsiCo by 60.2% in the third quarter. Assenagon Asset Management S.A. now owns 5,051,114 shares of the company’s stock valued at $709,378,000 after purchasing an additional 1,897,865 shares in the last quarter. Finally, Holocene Advisors LP grew its holdings in PepsiCo by 2,437.1% in the 2nd quarter. Holocene Advisors LP now owns 1,913,529 shares of the company’s stock valued at $252,662,000 after buying an additional 1,838,108 shares in the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.

PepsiCo Trading Down 1.0%

NASDAQ PEP opened at $155.29 on Wednesday. The firm has a market cap of $212.27 billion, a PE ratio of 25.88, a P/E/G ratio of 3.00 and a beta of 0.39. PepsiCo, Inc. has a one year low of $127.60 and a one year high of $171.48. The firm’s fifty day moving average is $159.25 and its two-hundred day moving average is $150.33. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.67 and a current ratio of 0.85.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings data on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, topping analysts’ consensus estimates of $2.24 by $0.02. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The company had revenue of $29.34 billion during the quarter, compared to analysts’ expectations of $28.96 billion. During the same period last year, the firm earned $1.96 EPS. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis. Analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

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

PepsiCo Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 6th were issued a dividend of $1.4225 per share. This represents a $5.69 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Friday, March 6th. PepsiCo’s dividend payout ratio is currently 94.83%.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Deutsche Bank kept a Buy rating on PEP and set a $169 target (down from $176), implying near-term upside and providing analyst support for the stock. PepsiCo Could Climb 10% to $169 as Deutsche Bank Rates the Stock a Buy
• Positive Sentiment: Market commentary is highlighting PepsiCo as a defensive “shield” during volatility — media pieces (Yahoo, Zacks) cite its stable snack/beverage portfolio and outperformance vs. the S&P YTD, which can support investor demand. Seeking Shields from Volatility? 2 Stocks Worth a Look
• Neutral Sentiment: McCormick’s deal for Unilever’s foods business is a notable industry consolidation that could shift competitive dynamics in packaged foods; the move is industry‑level news rather than a company‑specific catalyst for PepsiCo, but it’s worth monitoring for pricing/market-share effects. McCormick and Unilever’s foods business just announced a spicy merger
• Neutral Sentiment: PepsiCo is set to play a visible role at Sustainability LIVE: The US Summit, which may enhance ESG credibility and investor perception over time but is unlikely to move near‑term fundamentals materially. PepsiCo’s Sustainability Role At 2026 Summit And What It Means For Valuation
• Neutral Sentiment: Analyst and media comparisons to Coca‑Cola frame PepsiCo as a dividend/stability play (snacks + international exposure vs. KO’s beverage margins). Useful context for income investors but not a fresh catalyst. PepsiCo vs Coca-Cola: The Better Dividend Stock
• Neutral Sentiment: Smaller industry comparisons and company head‑to‑head pieces (e.g., vs. National Beverage) appear but are low impact for PEP’s near‑term price action. Head to Head Review: National Beverage vs. PepsiCo

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. HSBC increased their price target on shares of PepsiCo from $152.00 to $175.00 and gave the company a “hold” rating in a research note on Thursday, February 5th. JPMorgan Chase & Co. lifted their target price on PepsiCo from $164.00 to $176.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Evercore upped their price objective on PepsiCo from $152.00 to $165.00 in a research report on Wednesday, February 4th. Wells Fargo & Company upped their target price on shares of PepsiCo from $154.00 to $165.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Finally, Barclays increased their target price on PepsiCo from $148.00 to $160.00 and gave the company an “equal weight” rating in a report on Wednesday, February 4th. Eight 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’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $169.00.

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.