PepsiCo, Inc. $PEP Shares Purchased by Natixis Advisors LLC

Key Points

• Natixis Advisors LLC increased its PepsiCo stake by 37.8% in the fourth quarter, buying 249,707 additional shares and bringing its total holding to 909,610 shares worth about $130.5 million.
• PepsiCo reported better-than-expected quarterly results, posting $1.61 EPS versus estimates of $1.55 and revenue of $19.44 billion, while revenue rose 8.5% year over year.
• The company boosted its quarterly dividend to $1.48 per share from $1.42 and also has a $10 billion share repurchase program authorized, even as analysts remain mixed with an average rating of “Hold.”

Natixis Advisors LLC lifted its position in PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 37.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 909,610 shares of the company's stock after acquiring an additional 249,707 shares during the period. Natixis Advisors LLC owned 0.07% of PepsiCo worth $130,547,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in PEP. Brighton Jones LLC increased its position in shares of PepsiCo by 12.4% in the 4th quarter. Brighton Jones LLC now owns 59,392 shares of the company's stock valued at $9,031,000 after acquiring an additional 6,574 shares during the period. Caxton Associates LLP acquired a new position in shares of PepsiCo in the 1st quarter valued at $251,000. Sivia Capital Partners LLC increased its position in shares of PepsiCo by 138.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company's stock valued at $862,000 after acquiring an additional 3,790 shares during the period. Schnieders Capital Management LLC. increased its position in shares of PepsiCo by 10.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company's stock valued at $5,039,000 after acquiring an additional 3,502 shares during the period. Finally, Sei Investments Co. increased its position in shares of PepsiCo by 45.5% in the 2nd quarter. Sei Investments Co. now owns 536,133 shares of the company's stock valued at $70,789,000 after acquiring an additional 167,707 shares during the period. 73.07% of the stock is owned by institutional investors and hedge funds.

PepsiCo Price Performance

NASDAQ:PEP opened at $142.00 on Wednesday. PepsiCo, Inc. has a 52 week low of $127.60 and a 52 week high of $171.48. The company has a quick ratio of 0.72, a current ratio of 0.90 and a debt-to-equity ratio of 1.98. The stock has a market capitalization of $194.08 billion, a PE ratio of 22.29, a price-to-earnings-growth ratio of 2.56 and a beta of 0.35. The stock's 50-day moving average price is $152.90 and its 200-day moving average price is $152.64.

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

PepsiCo announced that its board has approved a share buyback plan on Tuesday, February 3rd that allows the company to buyback $10.00 billion in outstanding shares. This buyback authorization allows the company to purchase up to 4.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership 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 is Friday, June 5th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.2%. PepsiCo's payout ratio is 89.32%.

Analyst Upgrades and Downgrades

PEP has been the topic of several analyst reports. The Goldman Sachs Group increased their price target on PepsiCo from $180.00 to $183.00 and gave the stock a "buy" rating in a research report on Friday, April 17th. Deutsche Bank Aktiengesellschaft increased their price target on PepsiCo from $169.00 to $173.00 and gave the stock a "buy" rating in a research report on Friday, April 17th. Citigroup increased their price target on PepsiCo from $170.00 to $182.00 and gave the stock a "buy" rating in a research report on Wednesday, February 4th. Wells Fargo & Company cut their price target on PepsiCo from $165.00 to $160.00 and set an "equal weight" rating on the stock in a research report on Monday, May 18th. Finally, Piper Sandler increased their price target on PepsiCo from $172.00 to $181.00 and gave the stock an "overweight" rating in a research report on Thursday, March 12th. Eight equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $170.11.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is taking steps to keep products affordable without sacrificing innovation, which could help protect volumes as consumers remain budget-conscious. How PepsiCo Is Achieving Affordability
• Positive Sentiment: The company is rolling out new products such as premium energy drink brand Adrenaline Rush and protein popcorn, signaling efforts to drive growth beyond core snacks and beverages. PepsiCo launches premium energy drink brand 'Adrenaline Rush' PepsiCo debuts protein popcorn
• Positive Sentiment: Analysts and media coverage continue to highlight PepsiCo as a long-term dividend grower with strong cash flow, which supports its defensive investment appeal. PepsiCo and P&G are long-term dividend growers Why PepsiCo (PEP) Remains a Top Dividend King Despite Industry Challenges
• Neutral Sentiment: Recent commentary suggests PepsiCo’s brand restaging and turnaround plan are improving the outlook, but investors are still waiting to see whether those efforts translate into sustained organic sales growth. Can Brand Restaging Meaningfully Lift PepsiCo's Organic Sales Outlook?
• Neutral Sentiment: Coverage questioning whether PEP can reach a new all-time high reflects uncertainty around the stock’s near-term momentum after a recent pullback. Will Pepsi Stock Hit a New All Time High in 2026?
• Negative Sentiment: PepsiCo has been underperforming lately, with shares well below recent moving averages, suggesting investors remain cautious about slower growth and consumer spending pressure. Is PepsiCo Stock Underperforming the Dow?

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.

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