Money Concepts Capital Corp Cuts Holdings in PepsiCo, Inc. $PEP

Money Concepts Capital Corp trimmed its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 30.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,915 shares of the company’s stock after selling 9,163 shares during the quarter. Money Concepts Capital Corp’s holdings in PepsiCo were worth $3,002,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JCIC Asset Management Inc. bought a new position in shares of PepsiCo during the 3rd quarter valued at $27,000. MH & Associates Securities Management Corp ADV bought a new position in shares of PepsiCo during the 4th quarter valued at $29,000. Imprint Wealth LLC bought a new position in shares of PepsiCo during the 3rd quarter valued at $31,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in shares of PepsiCo during the 4th quarter valued at $33,000. Finally, Strategic Advocates LLC bought a new position in shares of PepsiCo during the 3rd quarter valued at $33,000. 73.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

PEP has been the topic of several research analyst reports. TD Cowen increased their price target on PepsiCo from $162.00 to $165.00 and gave the company a “hold” rating in a report on Friday, February 20th. Wells Fargo & Company raised their target price on PepsiCo from $154.00 to $165.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft raised their target price on PepsiCo from $169.00 to $173.00 and gave the stock a “buy” rating in a report on Friday, April 17th. HSBC raised their target price on PepsiCo from $175.00 to $176.00 and gave the stock a “hold” rating in a report on Friday, April 17th. Finally, Wall Street Zen cut PepsiCo from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Eight research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $170.37.

PepsiCo Price Performance

NASDAQ:PEP opened at $151.85 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 0.90 and a debt-to-equity ratio of 1.98. The business’s 50-day simple moving average is $156.24 and its two-hundred day simple moving average is $152.47. The stock has a market cap of $207.54 billion, a PE ratio of 23.84, a P/E/G ratio of 2.74 and a beta of 0.38. PepsiCo, Inc. has a 52 week low of $127.60 and a 52 week high of $171.48.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings results on Wednesday, April 15th. The company reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.55 by $0.06. The business had revenue of $19.44 billion for the quarter, compared to analysts’ expectations of $18.89 billion. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The business’s quarterly revenue was up 8.5% on a year-over-year basis. During the same period last year, the firm earned $1.48 earnings per share. As a group, analysts forecast that PepsiCo, Inc. will post 8.63 EPS for the current fiscal year.

PepsiCo Increases Dividend

The company 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 dividend of $1.48 per share. The ex-dividend date is Friday, June 5th. This is a positive change from PepsiCo’s previous quarterly dividend of $1.42. This represents a $5.92 dividend on an annualized basis and a dividend yield of 3.9%. PepsiCo’s dividend payout ratio (DPR) is 89.32%.

PepsiCo declared that its board has approved a stock buyback program on Tuesday, February 3rd that authorizes the company to repurchase $10.00 billion in shares. This repurchase authorization authorizes the company to buy up to 4.7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Key Stories Impacting PepsiCo

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 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.