Acquisition Overview - PepsiCo has closed the acquisition of Siete Foods for $1.2 billion, expanding its food portfolio to include more nutritious and simple ingredient options [1] - The acquisition aligns with PepsiCo's strategy to transform its portfolio to meet consumer demand for convenient, delicious, and healthier products [1][3] Strategic Rationale - Siete Foods offers a range of authentic, better-for-you products including Grain Free Tortillas, Enchilada Sauces, Taco Seasonings, and more, available at over 40,000 retailers [3][8] - The acquisition supports PepsiCo's vision to be the global leader in beverages and convenient foods by integrating sustainability and human capital into its growth strategy [6] Company Background - PepsiCo generated over $91 billion in net revenue in 2023, with a portfolio that includes iconic brands like Lay's, Doritos, Gatorade, and Pepsi-Cola [5] - Siete Foods, founded in 2014, focuses on sharing Mexican-American heritage through its products, which cater to various dietary needs and preferences [7][8] Leadership and Vision - Steven Williams, CEO of PepsiCo North America, emphasized the company's commitment to preserving Siete's special attributes while making the brand more widely available [3] - Miguel Garza, CEO and Co-Founder of Siete Foods, highlighted the brand's mission to inspire inclusivity and celebrate Latino culture through its products [4] Advisory Roles - Centerview Partners LLC and Citi acted as financial advisors to PepsiCo, while Gibson Dunn & Crutcher LLP served as legal advisor [4] - Lazard acted as financial advisor to Siete, with Weil, Gotshal & Manges LLP and Armbrust & Brown, PLLC serving as legal advisors [4]

CEOs don't handle the day-to-day grind of a company, they think about the big picture. That's what PepsiCo (PEP 1.30%) CEO Ramon Laguarta was focused on in the second half of 2024. Two big recent announcements highlight the potential for the future at this giant consumer staples company and show why Dividend King PepsiCo has been such a strong competitor for so long.What news did PepsiCo serve up?PepsiCo's namesake is a soda. While beverages are a very important part of the company's business, it is not the ...

The latest trading session saw PepsiCo (PEP) ending at $144.50, denoting a +1.3% adjustment from its last day's close. This move outpaced the S&P 500's daily gain of 0.16%. On the other hand, the Dow registered a gain of 0.86%, and the technology-centric Nasdaq decreased by 0.38%.The the stock of food and beverage company has fallen by 9.7% in the past month, lagging the Consumer Staples sector's loss of 8.34% and the S&P 500's loss of 2.2%.The investment community will be closely monitoring the performance ...

The uncertainties around PepsiCo Inc's PEP performance in 2025 are already priced into the stock, according to Piper Sandler.The PepsiCo Analyst: Analyst Michael Lavery initiated coverage of PepsiCo with an Overweight rating and a price target of $171.The PepsiCo Thesis: In the back half of 2024, the company started promotional discounting for Frito-Lay North America, which has been the driver its EBIT growth over the last few years, and the lower prices could run through at least the first half of 2025, La ...

PepsiCo (NASDAQ: PEP ) and Coca-Cola (NYSE: KO ) are both strong buys in my view, and I believe that investors can derive the most benefit from owning both. Both stocks trade at undervalued levels, and I think 2025 will be aAnalyst’s Disclosure: I/we have a beneficial long position in the shares of PEP, KO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have ...

PepsiCo (PEP) closed the most recent trading day at $152.81, moving +1% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 1.1% for the day. Meanwhile, the Dow gained 0.91%, and the Nasdaq, a tech-heavy index, added 1.35%.Coming into today, shares of the food and beverage company had lost 7.21% in the past month. In that same time, the Consumer Staples sector lost 4.15%, while the S&P 500 gained 0.22%.Market participants will be closely following the financial ...

PepsiCo (NASDAQ: PEP ), the snack and beverage maker we all know and love, but not now, recently hit a new 52-week low, falling below $150 a share. The company is a fairly new position in my portfolio, and I've been taking advantage ofContributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone ...

The concept of mean reversion is one I consider in times of extreme valuations for a given stock, both to the up- and downside. It’s not a principle I’d make use of for an immature growth company that went through its IPOEarly 30s 'buy and hold' investor trying to achieve financial freedom to the greatest extent possible. Main focus within dividend growth investing & value. I've been investing for 10+ years and worked across several industries including finance, logistics, oil and pharma. Holding a Graduate ...

Oh, the irony. I was just sitting down to write about another well-known cola company stock (take a guess which one), when I saw a note from one of my Seeking Alpha editors: "how about writing about PepsiCo. (NASDAQ:I'm Rob Isbitts, founder of Sungarden Investment Publishing. I run the new investing group Sungarden YARP Portfolio, a community dedicated to navigating the modern investment climate with humility, discipline, and a non-traditional approach to income investing. I've been charting investments sin ...

Shares of PepsiCo Inc. (PEP) hit a new 52-week low of $154.11 yesterday, before rising 0.2% to close trading at $154.43. The current price reflects a 15.8% discount from its 52-week high of $183.41, highlighting a challenging year for the beverage company. Overall, the PEP stock has trended downward in the past year, driven by challenges in its North America operations since the start of 2024, including reduced consumer demand and product recalls in the QFNA segment.In the past year, PEP shares have decline ...