PepsiCo, Inc. $PEP Shares Sold by Keel Point LLC

Keel Point LLC decreased its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 54.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,042 shares of the company’s stock after selling 5,928 shares during the period. Keel Point LLC’s holdings in PepsiCo were worth $708,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Three Bridge Wealth Advisors LLC grew its stake in PepsiCo by 1.8% during the 3rd quarter. Three Bridge Wealth Advisors LLC now owns 3,870 shares of the company’s stock worth $544,000 after purchasing an additional 68 shares in the last quarter. Facet Wealth Inc. raised its position in PepsiCo by 3.2% in the 3rd quarter. Facet Wealth Inc. now owns 2,221 shares of the company’s stock valued at $312,000 after purchasing an additional 69 shares in the last quarter. Hudock Inc. boosted its stake in shares of PepsiCo by 1.0% in the 3rd quarter. Hudock Inc. now owns 7,079 shares of the company’s stock valued at $994,000 after buying an additional 70 shares during the period. Delta Asset Management LLC TN grew its position in shares of PepsiCo by 0.6% during the third quarter. Delta Asset Management LLC TN now owns 11,000 shares of the company’s stock worth $1,545,000 after buying an additional 70 shares in the last quarter. Finally, Westside Investment Management Inc. grew its position in shares of PepsiCo by 2.8% during the third quarter. Westside Investment Management Inc. now owns 2,602 shares of the company’s stock worth $366,000 after buying an additional 70 shares in the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.

PepsiCo Trading Down 0.5%

PEP opened at $152.74 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.85 and a debt-to-equity ratio of 2.06. PepsiCo, Inc. has a 52 week low of $127.60 and a 52 week high of $171.48. The business’s 50 day moving average is $158.02 and its two-hundred day moving average is $149.89. The firm has a market cap of $208.74 billion, a price-to-earnings ratio of 25.46, a price-to-earnings-growth ratio of 2.94 and a beta of 0.39.

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

PepsiCo Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 6th will be given a $1.4225 dividend. The ex-dividend date is Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.7%. PepsiCo’s dividend payout ratio (DPR) is presently 94.83%.

PepsiCo declared that its Board of Directors has initiated a share repurchase program on Tuesday, February 3rd that allows the company to buyback $10.00 billion in shares. This buyback authorization allows the company to repurchase up to 4.7% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s management believes its stock is undervalued.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Piper Sandler reiterated an Overweight thesis and raised its price target, citing pricing power and innovation tailwinds — an analyst vote of confidence that can support the stock. Piper Sandler Stays Bullish on PepsiCo (PEP), Cites Pricing and Innovation Tailwinds
• Positive Sentiment: PepsiCo announced it met 2025 pep+ water goals — 100% water replenishment and adoption of the AWS standard at company sites in high‑risk areas — strengthening its ESG credentials and reducing regulatory/operational risk. PepsiCo Hits Dual Water Milestones
• Positive Sentiment: New product expansion: PepsiCo Foods is entering a new snack category, which could drive incremental revenue and demonstrate continued innovation in higher-margin snacking. PepsiCo Foods Is Entering an All-New Snack Category With Its Latest Launch
• Positive Sentiment: Partnerships to extend out‑of‑home reach: PepsiCo was named official beverage partner for Venu’s Sunset Amphitheater portfolio, opening experiential and venue sales channels after the NBA sponsorship loss. PepsiCo Named Official Beverage Partner of VENU’s Premium Sunset Amphitheater Portfolio
• Neutral Sentiment: R&D focus on functional ingredients and protein reformulation highlights long‑term product innovation but is a longer‑horizon growth driver rather than an immediate earnings catalyst. ‘Not all proteins are created equal’: Inside PepsiCo’s approach to functional ingredients
• Neutral Sentiment: PepsiCo India rolled out an EV green corridor to cut supply‑chain emissions—positive for cost and ESG over time but not a near‑term earnings driver. PepsiCo India expands green logistics with Kosi-Pataudi EV corridor
• Negative Sentiment: Brand/sponsorship setback: Coca‑Cola’s Sprite reclaimed the NBA soft‑drink sponsorship from PepsiCo’s Starry, a visible marketing loss that may concern investors about competitive positioning in key sports marketing channels. Coke’s Sprite Takes Back NBA Sponsorship From PepsiCo’s Starry
• Negative Sentiment: Activist-driven overhaul and governance risks: coverage highlights Elliott’s influence, portfolio cuts, cost‑reduction moves and an antitrust-related fiduciary probe — short‑term uncertainty and potential execution risk that can pressure the stock. How Elliott-Driven Overhaul and Health Push Could Reshape PepsiCo’s (PEP) Long-Term Investment Story

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Morgan Stanley raised their target price 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 reissued a “hold (c)” rating on shares of PepsiCo in a research report on Friday, January 9th. Argus upgraded shares of PepsiCo to a “hold” rating in a report on Tuesday, February 17th. JPMorgan Chase & Co. lifted their price objective on shares of PepsiCo from $164.00 to $176.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th. Finally, Piper Sandler increased their target price on PepsiCo from $172.00 to $181.00 and gave the company an “overweight” rating in a report on Thursday, March 12th. Eight investment 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’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $169.00.

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.