Pinnacle Associates Ltd. Buys 22,115 Shares of PepsiCo, Inc. $PEP

Pinnacle Associates Ltd. lifted its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 14.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 174,308 shares of the company’s stock after buying an additional 22,115 shares during the period. Pinnacle Associates Ltd.’s holdings in PepsiCo were worth $24,480,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of PEP. Brighton Jones LLC raised its position in PepsiCo by 12.4% in the fourth quarter. Brighton Jones LLC now owns 59,392 shares of the company’s stock valued at $9,031,000 after purchasing an additional 6,574 shares during the last quarter. Caxton Associates LLP acquired a new position in shares of PepsiCo in the first quarter valued at approximately $251,000. Sivia Capital Partners LLC increased its stake in shares of PepsiCo by 138.5% in the second quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company’s stock valued at $862,000 after buying an additional 3,790 shares during the period. Schnieders Capital Management LLC. raised its holdings in PepsiCo by 10.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company’s stock valued at $5,039,000 after buying an additional 3,502 shares during the last quarter. Finally, AGF Management Ltd. boosted its position in PepsiCo by 233.3% during the 2nd quarter. AGF Management Ltd. now owns 25,442 shares of the company’s stock worth $3,359,000 after buying an additional 17,808 shares during the period. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Trading Down 0.8%

NASDAQ:PEP opened at $159.43 on Monday. PepsiCo, Inc. has a 52 week low of $127.60 and a 52 week high of $171.48. 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 firm’s fifty day moving average is $155.04 and its 200-day moving average is $149.29. The firm has a market cap of $217.89 billion, a P/E ratio of 26.57, a P/E/G ratio of 3.06 and a beta of 0.39.

PepsiCo (NASDAQ:PEP) last announced its 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 business had revenue of $29.34 billion during the quarter, compared to the consensus estimate of $28.96 billion. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. PepsiCo’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.96 earnings per share. Equities analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

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

PepsiCo Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 6th will be paid a $1.4225 dividend. This represents a $5.69 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Friday, March 6th. PepsiCo’s payout ratio is currently 94.83%.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Product innovation and brand initiatives support long‑term growth — PepsiCo is rolling out Gatorade Lower Sugar nationwide, expanding poppi into the U.K., and using pop‑culture tie‑ins for bubly, signalling renewed focus on higher‑growth, “better‑for‑you” beverage categories that can help revenue/margin mix over time. PepsiCo Leans On Health Drinks And Pop Culture As Shares Lag Targets
• Positive Sentiment: Quarterly results and underlying sales growth remain supportive — post‑Q4 coverage discusses the modest EPS beat and revenue growth, reinforcing the company’s steady cash generation and dividend/ buyback capacity. This underpins investor confidence in the defensive consumer staple story. PepsiCo (PEP): Buy, sell, or hold post Q4 earnings?
• Positive Sentiment: Large bullish options activity suggests some traders expect a rally — unusually high call buying (vastly above average daily volume) can indicate speculative or hedged bullish interest that may fuel upward momentum if fundamentals or sentiment improve. (Note: internal market data)
• Neutral Sentiment: Income appeal remains a structural tailwind — dividend‑focused publications continue to highlight PepsiCo as a holding for yield/defensive exposure amid macro uncertainty, which can support the share price over time even if near‑term volatility occurs. The NASDAQ Dividend Stocks Retirees Are Loading Up On Before The Next Rate Cut
• Neutral Sentiment: Sector re‑rating conversations persist — consumer‑staples roundups list PepsiCo among stable dividend names; useful for longer‑term allocation but unlikely to trigger sharp immediate moves absent new data. 5 Consumer-Staples Stocks to Buy as the Market Gets Shakier
• Neutral Sentiment: Short interest update — recent reporting on short interest provides data investors watch for squeeze/pressure dynamics but by itself doesn’t change fundamentals. PepsiCo, Inc. (NASDAQ:PEP) Short Interest Update
• Negative Sentiment: Legal/investor‑litigation headline increases risk premium — a new investor alert around possible breaches of fiduciary duty draws attention to governance/legal risk that can pressure sentiment and valuation. PEPSICO, INC. INVESTOR ALERT: Scott+Scott … Investigates PepsiCo, Inc.’s Directors and Officers
• Negative Sentiment: Near‑term analyst/market skepticism — coverage noting that shares are “lagging targets” and articles flagging the stock among “unpopular” names highlight downward analyst pressure and sentiment risk, which can drive short‑term selling. 3 Unpopular Stocks with Open Questions
• Negative Sentiment: Price underperformance versus the market — headlines documenting a recent intraday dip show immediate selling pressure; combined with low average volume today, this can amplify moves on negative news. PepsiCo (PEP) Dips More Than Broader Market: What You Should Know

Analysts Set New Price Targets

PEP has been the subject of several recent research reports. HSBC upped their price target on shares of PepsiCo from $152.00 to $175.00 and gave the company a “hold” rating in a research report on Thursday, February 5th. Evercore boosted their price objective on shares of PepsiCo from $152.00 to $165.00 in a research note on Wednesday, February 4th. Rothschild & Co Redburn increased their price objective on PepsiCo from $120.00 to $130.00 and gave the company a “sell” rating in a report on Tuesday, February 10th. UBS Group reaffirmed a “buy” rating and set a $190.00 target price on shares of PepsiCo in a report on Wednesday, February 4th. Finally, TD Cowen upped their price target on PepsiCo from $162.00 to $165.00 and gave the company a “hold” rating in a research report on Friday, February 20th. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $168.50.

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.