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Marie T. Gallagher, Senior Vice President and Controller at PepsiCo Inc. (NASDAQ:PEP), has recently sold a significant portion of her holdings in the company. According to a recent SEC filing, Gallagher sold 25,000 shares of PepsiCo common stock on March 4, 2025, at an average price of approximately $159.55 per share. This transaction amounted to a total value of $3.99 million. The sale occurred at a premium to the current trading price of $154.61, with PepsiCo maintaining a robust market capitalization of $212 billion. InvestingPro analysis shows the company maintains a "GOOD" overall financial health score, suggesting stable operational performance.
Following this transaction, Gallagher holds 22,312 shares directly. Additionally, she maintains an indirect ownership of 361.0789 shares through her 401(k) plan. The sale was executed at prices ranging from $159.41 to $159.84 per share. PepsiCo has maintained dividend payments for 55 consecutive years, with a current yield of 3.52%. InvestingPro subscribers can access 12 additional key insights about PepsiCo’s valuation and growth prospects through the comprehensive Pro Research Report.
In other recent news, PepsiCo has announced a 7% increase in its quarterly dividend, raising it to $1.355 per share. This aligns with the company’s plan to boost the annualized dividend to $5.69 per share starting in June 2025. PepsiCo reported nearly $92 billion in net revenue for 2024, showcasing the strength of its diverse product portfolio. Additionally, the company is undergoing a strategic shift, moving from a Diversity, Equity, and Inclusion focus to an "Inclusion for Growth" strategy. This change aims to centralize management and align sponsorships with business objectives.
In the realm of analyst evaluations, Piper Sandler has maintained an Overweight rating on PepsiCo, with a price target of $167. The firm noted promising trends in the company’s North America integration strategy. Meanwhile, Goldman Sachs reiterated a Buy rating with a $175 target, highlighting PepsiCo’s transformation into a more agile business. Jefferies, however, adjusted its price target to $171 from $182, maintaining a Buy rating despite challenges in the Frito-Lay division. The ongoing strategic changes and analyst perspectives reflect a period of transition and opportunity for PepsiCo.
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