Integrity Alliance LLC. Increases Stock Position in PepsiCo, Inc. $PEP

Integrity Alliance LLC. raised its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 118.6% during the 4th quarter, Holdings Channel reports. The firm owned 20,511 shares of the company’s stock after purchasing an additional 11,128 shares during the quarter. Integrity Alliance LLC.’s holdings in PepsiCo were worth $2,944,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of PEP. AQR Capital Management LLC lifted its holdings in shares of PepsiCo by 120.7% in the third quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock valued at $830,902,000 after purchasing an additional 3,235,726 shares in the last quarter. Amundi raised its position in shares of PepsiCo by 30.0% in the third quarter. Amundi now owns 8,641,588 shares of the company’s stock valued at $1,207,230,000 after buying an additional 1,995,362 shares during the last quarter. Vanguard Group Inc. raised its position in shares of PepsiCo by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company’s stock valued at $19,875,205,000 after buying an additional 1,612,652 shares during the last quarter. Caisse de depot et placement du Quebec raised its position in shares of PepsiCo by 151.7% in the third quarter. Caisse de depot et placement du Quebec now owns 2,597,986 shares of the company’s stock valued at $364,861,000 after buying an additional 1,565,883 shares during the last quarter. Finally, SG Americas Securities LLC raised its position in shares of PepsiCo by 406.0% in the fourth quarter. SG Americas Securities LLC now owns 1,789,959 shares of the company’s stock valued at $256,895,000 after buying an additional 1,436,216 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Piper Sandler reaffirmed a Buy rating on PepsiCo with a $181 price target, suggesting analysts still see upside despite rising inflation concerns. Piper Sandler Sticks With Buy Rating on PepsiCo (PEP) Amid Inflation Concerns
• Positive Sentiment: PepsiCo is highlighting its product quality and marketing with new packaging that will carry a “no artificial flavours or colours” label, which could help reinforce consumer trust and support demand for its brands. PepsiCo new packaging to carry ‘no artificial flavours or colours’ label
• Neutral Sentiment: PepsiCo management said the company is emphasizing “hustle,” curiosity, and adaptability in hiring as AI reshapes talent needs. This is more of a workforce/culture update than an immediate earnings driver. As Amazon And Others Turn To AI Hiring Tools, PepsiCo Doubles Down On ‘Hustle’ And Curiosity
• Neutral Sentiment: Several analyst and industry pieces noted that PepsiCo’s valuation targets have been adjusted modestly and that the soft drink sector is facing tariff and cost pressures, but these updates were largely incremental rather than a major change in fundamentals. How The PepsiCo (PEP) Story Is Shifting As Analysts Rework Targets And Assumptions
• Negative Sentiment: One market report said PepsiCo stock underperformed peers on Tuesday, reflecting some relative weakness versus competitors even as broader sector themes remained mixed. PepsiCo Inc. stock underperforms Tuesday when compared to competitors

Wall Street Analyst Weigh In

PEP has been the subject of a number of analyst reports. Wall Street Zen lowered shares of PepsiCo from a “buy” rating to a “hold” rating in a research report on Saturday, April 18th. Wells Fargo & Company cut their price objective on shares of PepsiCo from $165.00 to $160.00 and set an “equal weight” rating for the company in a research report on Monday, May 18th. Argus raised shares of PepsiCo to a “hold” rating in a research report on Tuesday, February 17th. Rothschild & Co Redburn boosted their price objective on shares of PepsiCo from $130.00 to $132.00 in a research report on Monday, May 11th. Finally, Morgan Stanley boosted their price objective on shares of PepsiCo from $165.00 to $180.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. Eight investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $170.11.

PepsiCo Stock Performance

Shares of PEP stock opened at $147.74 on Thursday. PepsiCo, Inc. has a one year low of $127.60 and a one year high of $171.48. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.72 and a current ratio of 0.90. The company has a 50 day moving average price of $153.52 and a 200 day moving average price of $152.63. The firm has a market capitalization of $201.93 billion, a price-to-earnings ratio of 23.19, a price-to-earnings-growth ratio of 2.64 and a beta of 0.38.

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, topping the consensus estimate of $1.55 by $0.06. PepsiCo had a net margin of 9.15% and a return on equity of 56.61%. The company had revenue of $19.44 billion during the quarter, compared to analyst estimates of $18.89 billion. During the same quarter in the prior year, the business earned $1.48 earnings per share. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. Sell-side analysts anticipate that PepsiCo, Inc. will post 8.63 EPS for the current year.

PepsiCo announced that its board has initiated a stock repurchase program on Tuesday, February 3rd that allows the company to repurchase $10.00 billion in shares. This repurchase authorization allows the company to reacquire up to 4.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued.

PepsiCo Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th will be given a $1.48 dividend. The ex-dividend date of this dividend is Friday, June 5th. This is an increase from PepsiCo’s previous quarterly dividend of $1.42. This represents a $5.92 annualized dividend and a dividend yield of 4.0%. PepsiCo’s dividend payout ratio (DPR) is currently 89.32%.

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.