Indivisible Partners Buys New Stake in PepsiCo, Inc. $PEP

Key Points

• Indivisible Partners disclosed a new stake in PepsiCo, purchasing 6,507 shares in the fourth quarter worth roughly $934,000 according to its recent 13F filing.
• PepsiCo's board raised the quarterly dividend to $1.48 (a 4% YoY increase) and authorized a $10.0 billion share buyback (about 4.7% of outstanding shares), signaling confidence in cash flow and shareholder returns.
• The company beat quarterly estimates with $1.61 EPS and $19.44 billion in revenue, provided FY2026 EPS guidance of 8.465–8.628, and carries a MarketBeat consensus rating of "Hold" with a $170.26 target price.

Indivisible Partners bought a new stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,507 shares of the company's stock, valued at approximately $934,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PEP. AQR Capital Management LLC grew its stake in PepsiCo by 120.7% during the third quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company's stock worth $830,902,000 after buying an additional 3,235,726 shares during the last quarter. Amundi grew its stake in PepsiCo by 30.0% during the third quarter. Amundi now owns 8,641,588 shares of the company's stock worth $1,207,230,000 after buying an additional 1,995,362 shares during the last quarter. Vanguard Group Inc. grew its stake in PepsiCo by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company's stock worth $19,875,205,000 after buying an additional 1,612,652 shares during the last quarter. Caisse de depot et placement du Quebec grew its stake in PepsiCo by 151.7% during the third quarter. Caisse de depot et placement du Quebec now owns 2,597,986 shares of the company's stock worth $364,861,000 after buying an additional 1,565,883 shares during the last quarter. Finally, SG Americas Securities LLC grew its stake in PepsiCo by 406.0% during the fourth quarter. SG Americas Securities LLC now owns 1,789,959 shares of the company's stock worth $256,895,000 after buying an additional 1,436,216 shares during the last quarter. Institutional investors own 73.07% of the company's stock.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Board raises the quarterly dividend to $1.48/share (4% year‑over‑year), increasing the annualized payout to $5.92 — supports income investors and signals confidence in cash flow. Article Title
• Positive Sentiment: Recent quarterly results and guidance momentum are being highlighted versus peers — PepsiCo’s snack exposure and affordability initiatives helped revive volumes, which investors view as durable drivers of revenue and margins. Article Title
• Positive Sentiment: PepsiCo announced low‑carbon fertilizer/ammonia agreements (TalusAg, Fertiberia) aimed at decarbonizing agricultural inputs — this supports sustainability targets and could reduce long‑term input price/volatility risk in key supply chains. Article Title
• Neutral Sentiment: Broader media pieces and dividend stock roundups are boosting visibility among income investors; these items may support demand but are not immediate fundamentals changes. Article Title
• Neutral Sentiment: Foodservice distribution news (Subway rolling out Poppi sodas) is industry‑level activity; impact on PepsiCo is unclear and likely limited unless linked distribution/partnerships are disclosed. Article Title
• Negative Sentiment: PETA activists staged a protest outside PepsiCo’s Purchase HQ (cementing feet, arrests) — a short‑term reputational headline; unlikely to materially affect earnings but worth monitoring for any escalation or broader campaign risk. Article Title

Wall Street Analysts Forecast Growth

PEP has been the topic of several research analyst reports. JPMorgan Chase & Co. upped their price objective on shares of PepsiCo from $172.00 to $178.00 and gave the stock an "overweight" rating in a research note on Friday, April 17th. Rothschild & Co Redburn upped their price objective on shares of PepsiCo from $120.00 to $130.00 and gave the stock a "sell" rating in a research note on Tuesday, February 10th. Wells Fargo & Company upped their target price on shares of PepsiCo from $154.00 to $165.00 and gave the stock an "equal weight" rating in a research report on Wednesday, February 4th. Royal Bank Of Canada reduced their target price on shares of PepsiCo from $165.00 to $163.00 and set a "sector perform" rating on the stock in a research report on Thursday, April 9th. Finally, HSBC upped their target price on shares of PepsiCo from $175.00 to $176.00 and gave the stock a "hold" rating in a research report on Friday, April 17th. Eight equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $170.26.

PepsiCo Price Performance

Shares of PEP stock opened at $155.96 on Thursday. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $171.48. The firm's 50 day moving average is $157.51 and its 200-day moving average is $152.48. The firm has a market capitalization of $213.16 billion, a price-to-earnings ratio of 24.48, a PEG ratio of 2.84 and a beta of 0.38. The company has a current ratio of 0.90, a quick ratio of 0.72 and a debt-to-equity ratio of 1.98.

PepsiCo (NASDAQ:PEP - Get Free Report) last announced its earnings results on Thursday, April 16th. The company reported $1.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.55 by $0.06. PepsiCo had a net margin of 9.15% and a return on equity of 56.61%. The company had revenue of $19.44 billion for the quarter, compared to analyst estimates of $18.89 billion. During the same period in the prior year, the business earned $1.48 earnings per share. PepsiCo'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. Sell-side analysts forecast that PepsiCo, Inc. will post 8.63 EPS for the current fiscal year.

PepsiCo declared that its Board of Directors has authorized a stock buyback plan on Tuesday, February 3rd that allows the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization allows the company to purchase up to 4.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors 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.

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