PepsiCo, Inc. $PEP Shares Sold by RWA Wealth Partners LLC

RWA Wealth Partners LLC lowered its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 32.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 157,062 shares of the company’s stock after selling 76,194 shares during the quarter. RWA Wealth Partners LLC’s holdings in PepsiCo were worth $22,058,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in PEP. Brighton Jones LLC boosted its position in PepsiCo by 12.4% during the fourth quarter. Brighton Jones LLC now owns 59,392 shares of the company’s stock worth $9,031,000 after acquiring an additional 6,574 shares during the last quarter. Caxton Associates LLP purchased a new position in PepsiCo in the 1st quarter worth approximately $251,000. Sivia Capital Partners LLC boosted its holdings in shares of 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 purchasing an additional 3,790 shares during the last quarter. Schnieders Capital Management LLC. grew its position in shares of PepsiCo by 10.1% in the second quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company’s stock valued at $5,039,000 after purchasing an additional 3,502 shares in the last quarter. Finally, Main Street Research LLC increased its holdings in shares of PepsiCo by 13.1% in the second quarter. Main Street Research LLC now owns 2,591 shares of the company’s stock valued at $342,000 after purchasing an additional 300 shares during the last quarter. 73.07% of the stock is owned by institutional investors and hedge funds.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo raised its dividend again, marking another consecutive annual increase and highlighting its reliable cash-return profile — a key reason income-focused investors favor PEP. PepsiCo raises dividend again to extend legendary streak
• Positive Sentiment: TD Cowen and other outlets have nudged price targets higher (e.g., to $165), reflecting confidence in PepsiCo’s turnaround color and 2026 outlook — analyst support can underpin near-term share strength. TD Cowen Lifts PT on PepsiCo (PEP) to $165 From $162 – Here’s Why
• Positive Sentiment: PepsiCo is pushing into functional snacks and beverages (health-forward formats) as a growth engine beyond traditional categories — this strategic shift could improve margins and address faster-growing consumer segments. Can Functional Snacks and Drinks Power PepsiCo’s Next Leg Up?
• Positive Sentiment: Branded collaborations and NPD (e.g., JACK LINK’S x DORITOS Nacho Cheese beef jerky and new limited-edition flavors) expand snack formats and licensing upside, helping top-line innovation and brand engagement. JACK LINK’S® AND PEPSICO® FOODS LAUNCH DORITOS® NACHO CHEESE FLAVORED BEEF JERKY AND MEAT STICKS
• Neutral Sentiment: PepsiCo tied regenerative farming research (partnering with National Geographic) to its branded snacks strategy — positive for sustainability positioning but a longer‑term, indirect economic impact. PepsiCo Ties Regenerative Farming Push To New Growth In Branded Snacks
• Neutral Sentiment: Valuation write-ups are mixed: some pieces examine whether recent share gains make PEP attractive or expensive today — these analyses may temper momentum if investors conclude shares are fairly priced. Is PepsiCo (PEP) Pricing Look Attractive After Recent Share Price Strength
• Negative Sentiment: PepsiCo has underperformed the Nasdaq over the past year, a reminder that cyclical and growth peers have outpaced PEP — this relative underperformance may limit multiple expansion until growth accelerates. Is PepsiCo Stock Underperforming the Nasdaq?

Wall Street Analysts Forecast Growth

PEP has been the topic of a number of recent research reports. Jefferies Financial Group boosted their price objective on PepsiCo from $163.00 to $164.00 and gave the stock a “hold” rating in a research note on Tuesday, December 9th. Wells Fargo & Company boosted their price target on shares of PepsiCo from $154.00 to $165.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. Citigroup raised their price objective on shares of PepsiCo from $170.00 to $182.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Evercore boosted their target price on shares of PepsiCo from $152.00 to $165.00 in a report on Wednesday, February 4th. Finally, HSBC increased their price target on shares of PepsiCo from $152.00 to $175.00 and gave the company a “hold” rating in a research note on Thursday, February 5th. Eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $168.00.

PepsiCo Trading Up 0.7%

NASDAQ PEP opened at $169.54 on Wednesday. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.85 and a quick ratio of 0.67. The stock has a market capitalization of $231.70 billion, a P/E ratio of 28.26, a PEG ratio of 3.23 and a beta of 0.40. The firm’s 50-day moving average is $151.97 and its two-hundred day moving average is $148.37. PepsiCo, Inc. has a 12 month low of $127.60 and a 12 month high of $171.48.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings results on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.24 by $0.02. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The business had revenue of $29.34 billion for the quarter, compared to the consensus estimate of $28.96 billion. During the same period in the previous year, the firm earned $1.96 EPS. The business’s revenue was up 5.6% on a year-over-year basis. On average, sell-side analysts anticipate that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo declared that its board has initiated a stock buyback program on Tuesday, February 3rd that permits the company to buyback $10.00 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 4.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its shares are undervalued.

PepsiCo Dividend Announcement

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

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.