Diversify Wealth Management LLC Lowers Stock Holdings in PepsiCo, Inc. $PEP

Key Points

• Diversify Wealth Management trimmed its stake in PepsiCo by 29.2%, selling 14,915 shares and leaving 36,248 shares worth about $5.20 million, while overall institutional ownership remains high at ~73%.
• PepsiCo beat quarterly estimates (EPS $1.61 vs. $1.55) with revenue up 8.5% year‑over‑year, issued FY2026 EPS guidance of 8.465–8.628, and the board authorized a $10 billion share buyback (up to ~4.7% of shares outstanding).
• The company raised its quarterly dividend 4% to $1.48 (annualized $5.92, ~3.8% yield), while analysts' consensus rating is a Hold with an average price target of about $170.26.

Diversify Wealth Management LLC trimmed its position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 29.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,248 shares of the company's stock after selling 14,915 shares during the quarter. Diversify Wealth Management LLC's holdings in PepsiCo were worth $5,201,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Generali Asset Management SPA SGR boosted its holdings in PepsiCo by 21.4% during the 4th quarter. Generali Asset Management SPA SGR now owns 110,404 shares of the company's stock valued at $15,845,000 after acquiring an additional 19,426 shares during the period. FSB Premier Wealth Management Inc. boosted its holdings in PepsiCo by 2.5% during the 4th quarter. FSB Premier Wealth Management Inc. now owns 6,957 shares of the company's stock valued at $998,000 after acquiring an additional 172 shares during the period. ASR Vermogensbeheer N.V. boosted its holdings in PepsiCo by 3.1% during the 4th quarter. ASR Vermogensbeheer N.V. now owns 433,965 shares of the company's stock valued at $62,281,000 after acquiring an additional 13,012 shares during the period. MGO One Seven LLC boosted its holdings in PepsiCo by 10.8% during the 4th quarter. MGO One Seven LLC now owns 54,916 shares of the company's stock valued at $7,882,000 after acquiring an additional 5,372 shares during the period. Finally, Crestwood Advisors Group LLC boosted its holdings in PepsiCo by 3.0% during the 4th quarter. Crestwood Advisors Group LLC now owns 200,543 shares of the company's stock valued at $28,782,000 after acquiring an additional 5,910 shares during the period. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

PepsiCo Price Performance

Shares of NASDAQ PEP opened at $156.29 on Friday. 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. The firm has a market capitalization of $213.61 billion, a PE ratio of 24.54, a price-to-earnings-growth ratio of 2.86 and a beta of 0.38. The stock's 50-day simple moving average is $157.25 and its 200-day simple moving average is $152.50.

PepsiCo (NASDAQ:PEP - Get Free Report) last issued its earnings results on Thursday, April 16th. The company reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.06. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The business had revenue of $19.44 billion for the quarter, compared to analyst estimates of $18.89 billion. During the same quarter last year, the company earned $1.48 EPS. The business's quarterly revenue was up 8.5% on a year-over-year basis. 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 8.63 EPS for the current fiscal year.

PepsiCo announced that its Board of Directors has authorized a stock repurchase program on Tuesday, February 3rd that allows the company to buyback $10.00 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 4.7% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its shares are 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 given a dividend of $1.48 per share. This is a boost from PepsiCo's previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, June 5th. This represents a $5.92 annualized dividend and a dividend yield of 3.8%. PepsiCo's dividend payout ratio is 89.32%.

Wall Street Analysts Forecast Growth

PEP has been the subject of a number of research analyst reports. The Goldman Sachs Group raised their target price on PepsiCo from $180.00 to $183.00 and gave the company a "buy" rating in a report on Friday, April 17th. JPMorgan Chase & Co. lifted their price objective on PepsiCo from $172.00 to $178.00 and gave the company an "overweight" rating in a research note on Friday, April 17th. Argus upgraded PepsiCo to a "hold" rating in a research note on Tuesday, February 17th. UBS Group decreased their price objective on PepsiCo from $190.00 to $186.00 and set a "buy" rating for the company in a research note on Tuesday, April 7th. Finally, TD Cowen lifted their price objective on PepsiCo from $162.00 to $165.00 and gave the company a "hold" rating in a research note on Friday, February 20th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, PepsiCo currently has an average rating of "Hold" and a consensus price target of $170.26.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Board approved a 4% quarterly dividend increase to $1.48 (annualized yield ~3.8%), signaling cash-flow strength and bolstering income appeal for dividend investors. PepsiCo Declares Quarterly Dividend
• Positive Sentiment: Management is leaning on international expansion, product innovation and disciplined cost management while reaffirming its 2026 outlook — supports revenue visibility and EPS guidance that analysts are modeling. PepsiCo Stock Rises 9.4% in 6 Months: Buy Now or Stay Focused?
• Positive Sentiment: PepsiCo completed pilot transactions for tokenized low‑carbon ammonia attributes and signed an agreement with TalusAg — advances its agricultural emissions targets and may improve supply‑chain resilience and ESG credentials. PepsiCo Tests Tokenized Low Carbon Ammonia To Tackle Farm Emissions
• Positive Sentiment: Retail and product wins: Subway national rollout of Poppi (prebiotic soda) extends distribution for Pepsi‑owned/partner brands and underscores the company’s push into healthier beverage categories. Subway rolls out poppi prebiotic sodas across US outlets
• Positive Sentiment: Partnerships with fast‑growing beverage players (e.g., Celsius distribution/partnership) amplify PepsiCo’s exposure to the energy and functional drinks category without all the organic growth risk. Celsius Is Winning The Energy Drink Battle With Pepsi In Its Corner
• Neutral Sentiment: Suja Life’s weak Nasdaq debut shows selective investor appetite in the healthy‑beverage IPO market; it highlights both opportunity and caution for large players acquiring niche brands. US stocks today: Paine Schwartz-backed Suja Life's shares fall 14% in Nasdaq debut
• Negative Sentiment: PETA protests outside PepsiCo HQ over alleged animal‑welfare issues create short‑term reputational risk and potential media scrutiny — monitor any escalation or supplier‑related disclosures. Video shows PETA activists encasing feet in cement outside PepsiCo HQ over bull abuse claims
• Negative Sentiment: Competitive context: Coca‑Cola’s stronger YTD performance and renewed investor backing highlight relative growth concerns and may pressure sentiment/relative valuation. Coke Keeps Beating Pepsi. Warren Buffett’s Bet Has Paid Off.

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.

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.