Argo Wealth Advisory LLC Takes $2.16 Million Position in PepsiCo, Inc. $PEP

Key Points

• Argo Wealth Advisory bought a new Q4 stake of 15,064 PepsiCo shares valued at about $2.16 million, per its latest 13F filing.
• PepsiCo beat Q1 estimates (EPS $1.61 vs $1.55; revenue $19.44B vs $18.89B) and said targeted price cuts (up to ~15% on brands like Lay’s and Doritos) helped drive the first North America food volume growth in over two years.
• The company reaffirmed FY26 guidance but cautioned the bands sit near consensus and warned of potential margin pressure from price cuts and inflation, while authorizing a $10 billion share buyback and returning cash via a quarterly dividend (annualized yield ~3.6%).

Argo Wealth Advisory LLC bought a new stake in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 15,064 shares of the company's stock, valued at approximately $2,162,000.

Several other large investors also recently modified their holdings of the business. JCIC Asset Management Inc. bought a new position in shares of PepsiCo during the third quarter worth about $27,000. MH & Associates Securities Management Corp ADV bought a new position in shares of PepsiCo during the fourth quarter worth about $29,000. Imprint Wealth LLC bought a new position in shares of PepsiCo during the third quarter worth about $31,000. Halbert Hargrove Global Advisors LLC lifted its position in shares of PepsiCo by 667.7% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company's stock worth $33,000 after purchasing an additional 207 shares during the last quarter. Finally, Strategic Advocates LLC bought a new position in shares of PepsiCo during the third quarter worth about $33,000. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Q1 beat — PepsiCo reported stronger-than-expected Q1 results (EPS and revenue above consensus) and posted year-over-year revenue growth, giving investors confidence the recovery is real. PepsiCo tops quarterly revenue estimates
• Positive Sentiment: Price cuts driving volumes — Management said targeted price reductions (up to ~15% on brands like Lay’s and Doritos) helped win back shoppers and produced the first North America food volume growth in over two years — a key driver of the stock move. PepsiCo revenues soar after slashing prices
• Positive Sentiment: Product and brand initiatives — Broader momentum from energy drinks, Gatorade repositioning and new product refreshes complement the pricing action and support revenue upside beyond just snacks. Bloomberg: PepsiCo sales and profit top estimates
• Neutral Sentiment: Technical/market context — Analysts and outlets flagged bullish price action and technical support that point toward further upside, which can amplify short-term gains as momentum traders join. PepsiCo Stock Reversal Points Toward New All-Time Highs
• Negative Sentiment: Guidance nuance — While management stuck to its FY26 outlook, the company’s updated guidance bands (EPS and revenue ranges) sit close to or slightly below some consensus figures, which raises questions about how much growth is already priced in. Earnings Snapshot: PepsiCo tops Q1 estimates; reaffirms FY26 outlook
• Negative Sentiment: Margin and inflation risk — The price cuts that revived demand could compress margins versus prior levels, and management cautioned inflationary pressures remain a risk—factors investors will watch as volumes recover. NYT: Despite Iran War’s Effects, PepsiCo Says Consumers Still Spending on Snacks

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on PEP shares. UBS Group dropped their price objective on shares of PepsiCo from $190.00 to $186.00 and set a "buy" rating on the stock in a research note on Tuesday, April 7th. JPMorgan Chase & Co. dropped their price objective on shares of PepsiCo from $176.00 to $172.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 8th. Citigroup increased their price objective on shares of PepsiCo from $170.00 to $182.00 and gave the stock a "buy" rating in a research note on Wednesday, February 4th. Argus upgraded shares of PepsiCo to a "hold" rating in a research note on Tuesday, February 17th. Finally, Wells Fargo & Company increased their price objective on shares of PepsiCo from $154.00 to $165.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 4th. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $168.16.

PepsiCo Price Performance

NASDAQ PEP opened at $158.38 on Friday. PepsiCo, Inc. has a 12 month low of $127.60 and a 12 month high of $171.48. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.85 and a quick ratio of 0.67. The firm has a market capitalization of $216.50 billion, a PE ratio of 26.40, a P/E/G ratio of 2.99 and a beta of 0.40. The company's 50 day simple moving average is $160.05 and its 200 day simple moving average is $151.46.

PepsiCo (NASDAQ:PEP - Get Free Report) last posted its quarterly earnings data on Thursday, April 16th. 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 analyst estimates of $18.89 billion. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The business's revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter last year, the business earned $1.48 earnings per share. PepsiCo has set its FY 2026 guidance at 8.465-8.628 EPS. As a group, equities research analysts forecast that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 6th were paid a $1.4225 dividend. The ex-dividend date of this dividend was Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.6%. PepsiCo's dividend payout ratio (DPR) is currently 94.83%.

PepsiCo announced that its Board of Directors has initiated a share repurchase plan on Tuesday, February 3rd that authorizes the company to buyback $10.00 billion in shares. This buyback authorization authorizes the company to buy up to 4.7% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

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.

Want to see what other hedge funds are holding PEP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PepsiCo, Inc. (NASDAQ:PEP - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.