Wealthfront Advisers LLC Has $40.49 Million Stock Holdings in PepsiCo, Inc. $PEP

Wealthfront Advisers LLC lifted its stake in PepsiCo, Inc. (NASDAQ:PEP) by 8.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 260,715 shares of the company’s stock after acquiring an additional 19,505 shares during the quarter. Wealthfront Advisers LLC’s holdings in PepsiCo were worth $40,486,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of PEP. Vanguard Group Inc. grew its stake in 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 purchasing an additional 1,612,652 shares in the last quarter. State Street Corp boosted its holdings in shares of PepsiCo by 1.8% in the 3rd quarter. State Street Corp now owns 59,499,819 shares of the company’s stock valued at $8,356,155,000 after buying an additional 1,079,970 shares during the last quarter. Auto Owners Insurance Co grew its stake in shares of PepsiCo by 14,857.8% in the fourth quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company’s stock valued at $7,068,777,000 after buying an additional 48,923,629 shares in the last quarter. Geode Capital Management LLC increased its holdings in PepsiCo by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 33,617,937 shares of the company’s stock worth $4,814,835,000 after buying an additional 360,936 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in PepsiCo by 1.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 28,090,426 shares of the company’s stock worth $4,031,646,000 after buying an additional 295,955 shares during the last quarter. Institutional investors own 73.07% of the company’s stock.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s CEO said the company is maintaining its full-year guidance even as higher gas prices raise input and logistics costs, suggesting management still sees the business on track. PepsiCo CEO maintains full-year guidance amid higher gas prices
• Positive Sentiment: Some coverage continues to highlight PepsiCo as a quality dividend stock, which can support investor interest in the name during periods of market volatility. Wall Street Is Sleeping on These 5 Quality Dividend Stocks: Grab Them Now Before It’s Too Late
• Neutral Sentiment: RBC Capital kept a Sector Perform rating but trimmed its price target to $161 from $163 after calling the latest quarter mixed, signaling a cautious but not outright bearish stance. RBC Capital Keeps Sector Perform Rating on PepsiCo (PEP)
• Neutral Sentiment: Articles on PepsiCo’s digital-twin efforts and local resilience point to operational improvements and supply-chain flexibility, but these themes are longer-term and less likely to move the stock immediately. Inside PepsiCo’s digital twin revolution PepsiCo doubles down on local resilience
• Neutral Sentiment: Commentary from Jim Cramer and other market-watch pieces suggests PepsiCo can do better, but these are opinion-driven and do not add a clear new catalyst. Jim Cramer Believes PepsiCo, Inc. (PEP) Can Do Better
• Negative Sentiment: Several reports say PepsiCo’s turnaround is stalling as consumers rethink snacking, with analysts pushing back on the company’s growth narrative and questioning its North American strategy. PepsiCo’s turnaround stutters as Americans rethink snacking Where Analysts Pushed Back On PEP Stock’s Latest Earnings Call
• Negative Sentiment: Broader commentary on consumer staples warns that food company dividends may be at risk, reinforcing concerns about a tougher operating environment for PepsiCo and similar names. Conagra and 6 More Food Stock Dividends That Are at Risk

PepsiCo Trading Down 0.0%

PEP opened at $135.40 on Thursday. The stock has a market capitalization of $184.81 billion, a price-to-earnings ratio of 17.75, a P/E/G ratio of 2.97 and a beta of 0.36. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. PepsiCo, Inc. has a twelve month low of $133.75 and a twelve month high of $171.48. The company has a 50-day simple moving average of $144.21 and a 200 day simple moving average of $151.34.

PepsiCo (NASDAQ:PEP) last issued its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, beating analysts’ consensus estimates of $2.19 by $0.01. The firm had revenue of $24.18 billion for the quarter, compared to the consensus estimate of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The company’s revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Analysts predict that PepsiCo, Inc. will post 8.58 EPS for the current fiscal year.

PepsiCo Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 5th were given a $1.48 dividend. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. This represents a $5.92 annualized dividend and a yield of 4.4%. The ex-dividend date was Friday, June 5th. PepsiCo’s dividend payout ratio is 77.59%.

Analyst Ratings Changes

A number of analysts have commented on PEP shares. Rothschild & Co Redburn increased their price target on shares of PepsiCo from $130.00 to $132.00 in a research note on Monday, May 11th. JPMorgan Chase & Co. dropped their target price on shares of PepsiCo from $178.00 to $170.00 and set an “overweight” rating on the stock in a report on Wednesday, July 1st. Wells Fargo & Company cut their target price on shares of PepsiCo from $150.00 to $140.00 and set an “equal weight” rating for the company in a research note on Friday, July 10th. Jefferies Financial Group lowered their price target on PepsiCo from $162.00 to $152.00 and set a “hold” rating on the stock in a research report on Friday, July 10th. Finally, BNP Paribas Exane dropped their price objective on PepsiCo from $195.00 to $183.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 8th. Seven analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $157.70.

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.