MassMutual Private Wealth & Trust FSB Reduces Position in PepsiCo, Inc. $PEP

MassMutual Private Wealth & Trust FSB decreased its position in PepsiCo, Inc. (NASDAQ:PEP) by 3.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 133,759 shares of the company’s stock after selling 4,490 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in PepsiCo were worth $19,197,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Evolution Wealth Management Inc. purchased a new position in shares of PepsiCo in the second quarter worth about $27,000. JCIC Asset Management Inc. purchased a new stake in PepsiCo in the third quarter valued at approximately $27,000. Vermillion & White Wealth Management Group LLC increased its holdings in PepsiCo by 107.1% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 234 shares of the company’s stock worth $31,000 after buying an additional 121 shares during the period. Imprint Wealth LLC purchased a new position in PepsiCo during the 3rd quarter worth approximately $31,000. Finally, Halbert Hargrove Global Advisors LLC lifted its stake in PepsiCo by 667.7% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock valued at $33,000 after acquiring an additional 207 shares during the period. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Wall Street Analysts Forecast Growth

PEP has been the topic of a number of research reports. BNP Paribas Exane set a $191.00 price objective on shares of PepsiCo in a research note on Wednesday, February 4th. Morgan Stanley upped their price target on shares of PepsiCo from $165.00 to $180.00 and gave the company an “equal weight” rating in a report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PepsiCo in a research report on Friday, January 9th. Evercore lifted their price objective on PepsiCo from $152.00 to $165.00 in a research note on Wednesday, February 4th. Finally, UBS Group restated a “buy” rating and issued a $190.00 target price on shares of PepsiCo in a research note on Wednesday, February 4th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $169.00.

PepsiCo Stock Performance

Shares of NASDAQ PEP opened at $150.04 on Friday. The company has a market capitalization of $205.05 billion, a PE ratio of 25.01, a price-to-earnings-growth ratio of 2.93 and a beta of 0.39. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.67 and a current ratio of 0.85. The company’s fifty day moving average price is $158.22 and its 200 day moving average price is $149.89. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $171.48.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings data 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. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The business had revenue of $29.34 billion during the quarter, compared to the consensus estimate of $28.96 billion. During the same quarter in the prior year, the firm posted $1.96 earnings per share. The company’s revenue was up 5.6% compared to the same quarter last year. On average, research analysts predict that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

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

PepsiCo Dividend Announcement

The firm also recently declared 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 is Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.8%. PepsiCo’s dividend payout ratio is currently 94.83%.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo announced it met two key 2025 water goals early under its pep+ (PepsiCo Positive) program — 100% water replenishment and adoption of the Alliance for Water Stewardship (AWS) standard at company‑owned sites in high water‑risk areas. This reduces regulatory and reputational risk and supports ESG-focused investor demand. PepsiCo Hits Dual Water Milestones
• Positive Sentiment: Pepsi unveiled “Pepsi Football Nation,” a global marketing platform aimed at extending brand engagement beyond match time — a consumer-facing push that can drive short-term promo lift and long-term brand equity. Pepsi® Global Unveils Pepsi Football Nation
• Positive Sentiment: PepsiCo Foods is entering a new snack category with a product launch, expanding its snack portfolio and revenue diversification outside beverages. New SKUs and category expansion can accelerate growth if distribution and margins track plan. PepsiCo Foods Is Entering an All-New Snack Category
• Positive Sentiment: PepsiCo was named exclusive beverage supplier for Venu Holding’s expanding Sunset Amphitheater network — a new out‑of‑home distribution channel that partially offsets recent losses in other sponsorships and extends experiential sales. PepsiCo Leans On Sunset Amphitheaters To Extend Live Event Reach
• Positive Sentiment: PepsiCo India is scaling green logistics through a new EV corridor and fleet electrification, which can lower fuel costs and carbon footprint over time in a large market. PepsiCo India scales green logistics with new EV corridor
• Positive Sentiment: PepsiCo is advancing product reformulation and a functional‑protein strategy to compete in higher‑growth, health‑oriented segments — a product R&D move that supports margin and premiumization over time. ‘Not all proteins are created equal’
• Positive Sentiment: Third‑party brands (notably Celsius) continue to expand distribution with PepsiCo in North America and overseas, bolstering PepsiCo’s energy/functional beverage mix and category exposure. This is a potential incremental revenue stream if distribution scales. Global Demand for This Consumer Staples Stock May Be About To Soar
• Neutral Sentiment: Industry funding for food startups has cooled; PepsiCo still views startups as “critical” for innovation, but slower VC activity could slow external product pipeline opportunities or change deal economics. After funding collapse, what’s next for food startups?
• Neutral Sentiment: Coverage of Celsius’ brand growth (CEO interview) underscores partner brands’ momentum but is indirect to PepsiCo’s core P&L; relevant mainly to beverage distribution strategy. Celsius CEO talks energy drink brand’s growth

PepsiCo Profile

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.