Sequoia Financial Advisors LLC Has $18.41 Million Stock Position in PepsiCo, Inc. $PEP

Key Points

• Sequoia Financial Advisors LLC increased its stake in PepsiCo by 11.3% to 128,279 shares, valued at $18.41 million in its latest 13F filing.
• PepsiCo beat the quarter with EPS of $1.61 (vs. $1.55 expected) and $19.44B revenue, and set FY2026 EPS guidance of 8.465–8.628 (analysts project ~8.63).
• The board boosted the quarterly dividend 4% to $1.48 (annualized $5.92, ~3.8% yield) and authorized a $10.00 billion share repurchase program (~4.7% of shares).

Sequoia Financial Advisors LLC lifted its stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 11.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 128,279 shares of the company's stock after acquiring an additional 13,009 shares during the quarter. Sequoia Financial Advisors LLC's holdings in PepsiCo were worth $18,411,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of 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 acquiring an additional 1,612,652 shares during the last quarter. State Street Corp grew its holdings in PepsiCo by 1.8% during the third quarter. State Street Corp now owns 59,499,819 shares of the company's stock worth $8,356,155,000 after purchasing an additional 1,079,970 shares during the period. Invesco Ltd. grew its holdings in PepsiCo by 7.6% during the third quarter. Invesco Ltd. now owns 13,617,747 shares of the company's stock worth $1,912,476,000 after purchasing an additional 958,701 shares during the period. Legal & General Group Plc grew its holdings in PepsiCo by 1.3% during the third quarter. Legal & General Group Plc now owns 8,902,664 shares of the company's stock worth $1,250,290,000 after purchasing an additional 118,286 shares during the period. Finally, Amundi grew its holdings 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 purchasing an additional 1,995,362 shares during the period. Institutional investors and hedge funds own 73.07% of the company's stock.

PepsiCo Trading Up 0.2%

Shares of NASDAQ:PEP opened at $156.29 on Friday. PepsiCo, Inc. has a 12-month low of $127.60 and a 12-month high of $171.48. The stock has a market cap of $213.61 billion, a PE ratio of 24.54, a P/E/G ratio of 2.86 and a beta of 0.38. The business has a 50 day moving average of $157.25 and a 200-day moving average of $152.50. The company has a quick ratio of 0.72, a current ratio of 0.90 and a debt-to-equity ratio of 1.98.

PepsiCo (NASDAQ:PEP - Get Free Report) last issued its quarterly earnings data 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 return on equity of 56.61% and a net margin of 9.15%.The company had revenue of $19.44 billion during the quarter, compared to analysts' expectations of $18.89 billion. During the same quarter in the previous year, the company posted $1.48 earnings per share. The business's 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 earnings per share for the current year.

PepsiCo Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th will be issued a dividend of $1.48 per share. This is a boost from PepsiCo's previous quarterly dividend of $1.42. This represents a $5.92 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Friday, June 5th. PepsiCo's dividend payout ratio is presently 89.32%.

PepsiCo announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, February 3rd that authorizes the company to repurchase $10.00 billion in shares. This repurchase authorization authorizes the company to purchase up to 4.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on PEP. BNP Paribas Exane lifted their price target on PepsiCo from $191.00 to $195.00 and gave the stock an "outperform" rating in a report on Friday, April 17th. Piper Sandler lifted their price target on PepsiCo from $172.00 to $181.00 and gave the stock an "overweight" rating in a report on Thursday, March 12th. Rothschild & Co Redburn lifted their price target on PepsiCo from $120.00 to $130.00 and gave the stock a "sell" rating in a report on Tuesday, February 10th. Barclays lifted their price target on PepsiCo from $154.00 to $158.00 and gave the stock an "equal weight" rating in a report on Monday, April 20th. Finally, Morgan Stanley lifted their price target on PepsiCo from $165.00 to $180.00 and gave the stock an "equal weight" rating in a report on Wednesday, February 4th. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $170.26.

Key Stories Impacting PepsiCo

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.

PepsiCo Company 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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