Dynamic Technology Lab Private Ltd Takes Position in PepsiCo, Inc. $PEP

Dynamic Technology Lab Private Ltd purchased a new stake in PepsiCo, Inc. (NASDAQ:PEP) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 14,890 shares of the company’s stock, valued at approximately $2,137,000. PepsiCo makes up about 0.5% of Dynamic Technology Lab Private Ltd’s investment portfolio, making the stock its 18th biggest holding.

Other large investors have also made changes to their positions in the company. Swiss RE Ltd. purchased a new position in shares of PepsiCo in the 4th quarter valued at about $28,000. MH & Associates Securities Management Corp ADV acquired a new stake in PepsiCo in the 4th quarter valued at about $29,000. Imprint Wealth LLC acquired a new stake in PepsiCo in the 3rd quarter valued at about $31,000. Strategic Advocates LLC acquired a new stake in PepsiCo in the 3rd quarter valued at about $33,000. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new stake in PepsiCo in the 4th quarter valued at about $33,000. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on PEP. The Goldman Sachs Group increased their price objective on shares of PepsiCo from $180.00 to $183.00 and gave the company a “buy” rating in a research note on Friday, April 17th. HSBC increased their price objective on shares of PepsiCo from $175.00 to $176.00 and gave the company a “hold” rating in a research note on Friday, April 17th. Weiss Ratings reissued a “hold (c)” rating on shares of PepsiCo in a research note on Wednesday, April 8th. TD Cowen lowered their price objective on shares of PepsiCo from $165.00 to $150.00 and set a “hold” rating on the stock in a research note on Friday. Finally, Evercore increased their price objective on shares of PepsiCo from $165.00 to $170.00 in a research note on Friday, April 17th. Eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $167.35.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo continues to expand its autonomous freight network with Gatik, a move that could improve logistics efficiency and help address staffing challenges in hard-to-serve routes. How PepsiCo’s Driverless Freight Rollout With Gatik (PEP) Has Changed Its Investment Story
• Positive Sentiment: The company also highlighted sustainability-focused farmer financing through Compeer Financial, which supports PepsiCo’s supply chain and long-term agricultural sourcing strategy. Compeer Financial Collaborates with PepsiCo to Provide Strip-Till Equipment Financing
• Neutral Sentiment: PepsiCo was included in a Q1 review of beverage, alcohol, and tobacco stocks, but the article was primarily a peer comparison and did not indicate a major new catalyst. Beverages, Alcohol, and Tobacco Stocks Q1 In Review: PepsiCo (NASDAQ:PEP) Vs Peers
• Neutral Sentiment: Analyst estimate changes were modest, with Erste Group trimming FY2027 EPS slightly to $9.14 from $9.15, suggesting limited impact on the outlook.
• Negative Sentiment: TD Cowen cut its price target on PepsiCo to $150 from $165 and kept a hold rating, signaling more cautious near-term sentiment on the stock. TD Cowen adjusts PepsiCo price target to 150 from 165
• Negative Sentiment: Piper Sandler also lowered its price target on PepsiCo to $178 from $181, reinforcing the view that analysts see only limited upside from here. Piper Sandler adjusts price target on PepsiCo to 178 from 181

PepsiCo Price Performance

PepsiCo stock opened at $144.27 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 capitalization of $197.18 billion, a P/E ratio of 22.65, a P/E/G ratio of 2.60 and a beta of 0.35. The firm’s 50-day moving average is $151.11 and its two-hundred day moving average is $152.37. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.90 and a quick ratio of 0.72.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings results on Wednesday, April 15th. The company reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $18.89 billion. During the same period last year, the company earned $1.48 EPS. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. Equities analysts predict that PepsiCo, Inc. will post 8.63 earnings per share for the current year.

PepsiCo Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, June 5th will be paid a dividend of $1.48 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $5.92 annualized dividend and a dividend yield of 4.1%. This is an increase from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s dividend payout ratio is 92.94%.

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.