Public Sector Pension Investment Board Has $55.81 Million Stock Position in PepsiCo, Inc. $PEP

Public Sector Pension Investment Board boosted its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 251.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 397,425 shares of the company’s stock after buying an additional 284,447 shares during the period. Public Sector Pension Investment Board’s holdings in PepsiCo were worth $55,814,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in PEP. Brighton Jones LLC boosted its position in shares of PepsiCo by 12.4% in the fourth quarter. Brighton Jones LLC now owns 59,392 shares of the company’s stock worth $9,031,000 after buying an additional 6,574 shares during the period. Caxton Associates LLP purchased a new stake in PepsiCo in the 1st quarter worth about $251,000. Sivia Capital Partners LLC boosted its position in PepsiCo by 138.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company’s stock worth $862,000 after acquiring an additional 3,790 shares during the period. Rosenberg Matthew Hamilton grew its stake in PepsiCo by 80.1% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 2,159 shares of the company’s stock valued at $285,000 after acquiring an additional 960 shares in the last quarter. Finally, Callahan Advisors LLC increased its holdings in shares of PepsiCo by 2.8% in the 2nd quarter. Callahan Advisors LLC now owns 130,514 shares of the company’s stock valued at $17,233,000 after purchasing an additional 3,573 shares during the period. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Recent earnings and brand momentum have driven a strong rally (up ~18–19% recently), supporting investor confidence in beverages, snacks and global growth. PepsiCo Up 18% in a Month
• Positive Sentiment: Analyst and buy-side narratives around dividend yield and income appeal have lifted interest in PEP as a dividend/quality play, helping the stock’s momentum this year. I Predicted That PepsiCo’s Dividend Yield Peaked
• Positive Sentiment: Barclays raised its price target after the earnings update (reflecting a post-earnings model tweak), signaling some analyst support even as they kept an Equal Weight stance. Price Target Increased to $160 at Barclays
• Neutral Sentiment: PepsiCo priced a €2.5 billion euro-denominated senior notes offering—a material financing event that is likely refinancing or liquidity-focused; watch maturity and coupon details for balance-sheet impact. PepsiCo Issues €2.5 Billion Senior Notes
• Neutral Sentiment: Macro/sector exposure via ETFs: Invesco’s PBJ ETF commentary highlights PepsiCo as a core, diversified food & beverage holding—useful context for passive flows into the name. After Stalling Out, PBJ May Be Finally Be Ready To Deliver
• Neutral Sentiment: Corporate features on leadership, inclusivity and “operating locally” signal long-term cultural/operational strengths but are unlikely to move the stock near term. How a PepsiCo exec is paving careers for women in supply chains
• Negative Sentiment: PepsiCo announced price cuts on some snack SKUs (reported ~15% on brands like Lay’s/Doritos), which could boost volumes but weigh on gross margins and near-term profitability if not offset by mix or cost savings. Brands like Lay’s, Doritos to get 15% cheaper

PepsiCo Trading Down 1.2%

Shares of NASDAQ:PEP opened at $167.20 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 2.06. The stock has a market capitalization of $228.50 billion, a PE ratio of 27.87, a P/E/G ratio of 3.22 and a beta of 0.40. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $171.48. The firm has a fifty day moving average price of $149.19 and a 200 day moving average price of $146.93.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings results on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, topping analysts’ consensus estimates of $2.24 by $0.02. The company had revenue of $29.34 billion during the quarter, compared to analysts’ expectations of $28.96 billion. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The business’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.96 earnings per share. Analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo declared that its board has initiated a share repurchase plan on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization permits the company to repurchase up to 4.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

PepsiCo Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 6th will be given a dividend of $1.4225 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.4%. PepsiCo’s dividend payout ratio is presently 94.83%.

Wall Street Analysts Forecast Growth

PEP has been the topic of a number of research analyst reports. Loop Capital set a $164.00 price objective on shares of PepsiCo in a research report on Thursday, October 23rd. Citigroup lifted their target price on shares of PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Rothschild & Co Redburn upped their price target on shares of PepsiCo from $120.00 to $130.00 and gave the stock a “sell” rating in a research note on Tuesday. HSBC lifted their price objective on PepsiCo from $152.00 to $175.00 and gave the company a “hold” rating in a research report on Thursday, February 5th. Finally, Wells Fargo & Company upped their target price on PepsiCo from $154.00 to $165.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. Eight research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, PepsiCo has an average rating of “Hold” and a consensus target price of $167.68.

About PepsiCo

PepsiCo, Inc (NASDAQ: PEP) is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay’s, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.