Peapack Gladstone Financial Corp Sells 4,143 Shares of PepsiCo, Inc. $PEP

Peapack Gladstone Financial Corp decreased its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 1.2% in the fourth quarter, Holdings Channel reports. The firm owned 355,842 shares of the company’s stock after selling 4,143 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in PepsiCo were worth $51,070,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MH & Associates Securities Management Corp ADV purchased a new stake in PepsiCo in the fourth quarter worth approximately $29,000. Imprint Wealth LLC purchased a new stake in PepsiCo in the third quarter worth approximately $31,000. Strategic Advocates LLC purchased a new stake in PepsiCo in the third quarter worth approximately $33,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in PepsiCo in the fourth quarter worth approximately $33,000. Finally, Highline Wealth Partners LLC boosted its holdings in PepsiCo by 56.3% in the fourth quarter. Highline Wealth Partners LLC now owns 250 shares of the company’s stock worth $36,000 after purchasing an additional 90 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo continues to appeal to income investors after raising its quarterly dividend by 4% to $1.48 per share, reinforcing its reputation as a reliable dividend payer. Here is Why PepsiCo (PEP) is Among the Best Dividend-Paying Beverage Stocks to Buy Now
• Positive Sentiment: New sustainability and agricultural partnerships, including work with EIT Food and Fertiberia, support PepsiCo’s long-term supply chain resilience and lower-carbon goals. PepsiCo Foundation and EIT Food back young European farmers with new programme
• Positive Sentiment: The company is also being highlighted for brand and product strategy, including packaging and smaller-portion changes aimed at matching shifting consumer preferences and competing more effectively with rivals like Coca-Cola. Pepsi makes big change to counter Coca-Cola
• Neutral Sentiment: Several articles frame PepsiCo as a strong brand and sponsorship player in global beverage markets, which is supportive of the long-term story but not a direct catalyst for the stock right now. APAC Non-Alcoholic Beverages Industry Sport Sponsorship Analysis Report 2025
• Neutral Sentiment: Coverage of PepsiCo’s marketing leadership and “people and planet” branding reinforces the company’s positioning, but it appears more like thought leadership than a near-term earnings driver. How PepsiCo’s CMO Is Building Brands That Perform For People And Planet
• Negative Sentiment: The stock has been sliding alongside a stronger market, suggesting investors remain cautious despite PepsiCo’s defensive profile and dividend support. PepsiCo (PEP) Stock Slides as Market Rises: Facts to Know Before You Trade

PepsiCo Price Performance

Shares of PEP stock opened at $144.19 on Monday. The company has a market capitalization of $197.07 billion, a price-to-earnings ratio of 22.64, a PEG ratio of 2.61 and a beta of 0.35. PepsiCo, Inc. has a one year low of $127.60 and a one year high of $171.48. The company’s fifty day moving average price is $153.13 and its 200-day moving average price is $152.67. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.90 and a quick ratio of 0.72.

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

PepsiCo announced that its board has authorized a share repurchase program on Tuesday, February 3rd that allows the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization allows the company to repurchase up to 4.7% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.

PepsiCo Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th will be issued a $1.48 dividend. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. The ex-dividend date is Friday, June 5th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.1%. PepsiCo’s payout ratio is presently 89.32%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Wall Street Zen cut shares of PepsiCo from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Barclays lifted their price target on shares of PepsiCo from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Monday, April 20th. Wells Fargo & Company dropped their price target on shares of PepsiCo from $165.00 to $160.00 and set an “equal weight” rating on the stock in a research note on Monday, May 18th. Argus upgraded shares of PepsiCo to a “hold” rating in a research note on Tuesday, February 17th. Finally, TD Cowen lifted their price target on shares of PepsiCo from $162.00 to $165.00 and gave the stock a “hold” rating in a research note on Friday, February 20th. Eight investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $170.11.

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.