Kornitzer Capital Management increases its stake in PepsiCo, contributing to a surge in PepsiCo's North American Beverage stocks. The multi-faceted conglomerate also topped earnings estimates, propelled by robust international market sales. PepsiCo now has a new Chief Financial Officer, which may bring a fresh financial outlook. Several entities including McDaniel Terry & Co and Carnegie Investment opted to sell their PepsiCo shares. Conversely, Allied Investment Advisors and R Squared Ltd have decided to purchase more stocks, indicating potential long-term growth prospects of this dividend stock. UBS has reaffirmed its buy rating on PepsiCo, predicting stronger productivity as a catalyst for growth. Amid various stock transactions, PepsiCo is also making strides in sustainability with the progress of their pep+ initiative.
Analysts are cautiously optimistic about PepsiCo's Q3 earnings and ruminate on whether the current market valuation justifies investment or not. Other major considerations include PepsiCo's rivalry with Coca-Cola and whether PepsiCo's stock constitutes a good buy prior to Q3 earnings. The report concludes with a speculation that PepsiCo's current dip may provide an opportune moment for investment.
Pepsico PEP News Analytics from Tue, 06 May 2025 07:00:00 GMT to Sat, 25 Oct 2025 14:37:52 GMT - Rating 7 - Innovation 5 - Information 6 - Rumor -3
