The PepsiCo stock has seen a blend of ups and downs over the past few years with a five-year return of 43%. Despite a few dips along the way, several investment firms have increased their stakes in the company. Romano Brothers, Griffin Asset Management, Viewpoint Capital Management, and WoodTrust Financial Corp are just a few of the firms that have acquired PepsiCo's shares. On the other hand, Hodges Capital Management, Baker Ellis Asset Management, and others have sold shares. The stock's performance has been uneven, sometimes plunging with the broader markets and sometimes rebounding. Forecasted for an Earnings beat in Q1, the multinational food, snack, and beverage corporation has seen a 0.3% increase since its last earnings report. Amidst its fluctuating market performance, PepsiCo's ESG (Environmental, Social, Governance) efforts have been highlighted which in turn number among the factors influencing its market favorability. ESG, international growth, and productivity alongside cost-saving initiatives are said to bode well for the company.
Pepsico PEP News Analytics from Thu, 07 Dec 2023 03:06:08 GMT to Sun, 30 Jun 2024 17:40:35 GMT - Rating 5 - Innovation 3 - Information 8 - Rumor -5