PepsiCo (PEP) drops sponsorship of a major London music festival after controversy over Kanye West as headliner. Anthropic is being courted by the UK for a London expansion and potential dual listing, amid ongoing legal issues with the US government.
Consumer staples stocks have delivered steady but unspectacular results while the broader market chased AI-fueled gains.
Pepsi has withdrawn its sponsorship of Wireless Festival after Kanye West was booked as the event's headliner.
In the most recent trading session, PepsiCo (PEP) closed at $157.01, indicating a +1.53% shift from the previous trading day.
Companies with a long history of consistent dividend payouts often offer a nice shield against volatility while generating an income stream, with these three outperforming nicely so far in 2026.
PepsiCo (PEP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Beverage giant PepsiCo (NASDAQ: PEP | PEP Price Prediction) and Coca-Cola (NYSE: KO) both reported fourth quarter earnings in early February, and the results crystallize a divide that matters to dividend investors: one company leans on snacks and international momentum to stabilize a pressured North American business, while the other generates stronger margins and free cash flow from a focused, asset-light beverage model.
PepsiCo (NASDAQ:PEP | PEP Price Prediction) has had a turbulent March.
PepsiCo is rated Strong Buy, trading at a rare valuation discount (~18.5x forward earnings) with a 3.9% dividend yield and a $185 price target. Frito-Lay faces near-term volume pressure, but Elliott Management's ~$4B activist stake, ~20% SKU rationalization, and targeted price resets are expected to drive volume recovery and margin expansion by 2026. PEP's 54-year dividend growth streak, strong free cash flow generation, and a $10B buyback program reinforce capital return strength and long-term compounding potential.
The latest trading day saw PepsiCo (PEP) settling at $153.01, representing a +1.45% change from its previous close.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Partnerships with other PepsiCo brands, including Gatorade and Ruffles, remain in place.