Wellspring Financial Advisors LLC Buys 4,313 Shares of PepsiCo, Inc. $PEP

Wellspring Financial Advisors LLC boosted its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 242.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,090 shares of the company’s stock after purchasing an additional 4,313 shares during the quarter. Wellspring Financial Advisors LLC’s holdings in PepsiCo were worth $876,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. MH & Associates Securities Management Corp ADV bought a new stake in PepsiCo during the fourth quarter valued at about $29,000. Imprint Wealth LLC acquired a new stake in PepsiCo in the third quarter worth about $31,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in PepsiCo in the fourth quarter worth about $33,000. Evolution Wealth Management Inc. boosted its holdings in PepsiCo by 47.8% in the fourth quarter. Evolution Wealth Management Inc. now owns 232 shares of the company’s stock worth $33,000 after acquiring an additional 75 shares in the last quarter. Finally, Strategic Advocates LLC acquired a new stake in PepsiCo in the third quarter worth about $33,000. Institutional investors own 73.07% of the company’s stock.

PepsiCo Stock Performance

NASDAQ PEP opened at $144.32 on Thursday. The stock’s fifty day moving average is $151.55 and its two-hundred day moving average is $152.44. The firm has a market capitalization of $197.25 billion, a P/E ratio of 22.66, a price-to-earnings-growth ratio of 2.59 and a beta of 0.35. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.72 and a current ratio of 0.90. PepsiCo, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $171.48.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings data 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 company had revenue of $19.44 billion for the quarter, compared to analyst estimates of $18.89 billion. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.48 earnings per share. On average, research analysts anticipate that PepsiCo, Inc. will post 8.63 earnings per share for the current 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 is an increase from PepsiCo’s previous quarterly dividend of $1.42. This represents a $5.92 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Friday, June 5th. PepsiCo’s dividend payout ratio (DPR) is presently 92.94%.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Barclays lifted their price target on PepsiCo from $154.00 to $158.00 and gave the company an “equal weight” rating in a research report on Monday, April 20th. Argus upgraded PepsiCo to a “hold” rating in a research report on Tuesday, February 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of PepsiCo in a research report on Wednesday, April 8th. TD Cowen lifted their price target on PepsiCo from $162.00 to $165.00 and gave the company a “hold” rating in a research report on Friday, February 20th. Finally, Piper Sandler raised their price objective on PepsiCo from $172.00 to $181.00 and gave the company an “overweight” rating in a report on Thursday, March 12th. Eight research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $169.58.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo expanded its driverless delivery network across three states, signaling continued investment in automation that could reduce logistics costs and improve distribution efficiency. PepsiCo Expands Driverless Delivery Network Across Three States, Including Texas
• Positive Sentiment: The company began commercial driverless deliveries, reinforcing that the autonomous trucking initiative is now operational rather than just experimental. PepsiCo begins driverless deliveries
• Positive Sentiment: PepsiCo’s driverless Doritos and beverage fleet has drawn positive market attention as a sign of execution in autonomous logistics and potential cost savings. Branding for Buyout©: A New Playbook for the Food Industry
• Neutral Sentiment: Erste Group trimmed its FY2027 EPS estimate slightly to $9.14 from $9.15, which is not a meaningful change but still reflects cautious analyst expectations.
• Neutral Sentiment: Several articles repeated the bullish driverless-truck story and other commentary, but they are largely reiterations rather than new fundamental developments.
• Neutral Sentiment: Analysts currently rate PepsiCo around “Hold,” suggesting the stock still has a balanced risk/reward profile despite the recent positive headlines. PepsiCo, Inc. (NASDAQ:PEP) Given Average Recommendation of “Hold” by Analysts

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.