Connable Office Inc. Increases Stock Holdings in PepsiCo, Inc. $PEP

Connable Office Inc. increased its position in PepsiCo, Inc. (NASDAQ:PEP) by 26.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 20,520 shares of the company’s stock after buying an additional 4,297 shares during the quarter. Connable Office Inc.’s holdings in PepsiCo were worth $2,882,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. bought a new position in PepsiCo during the 2nd quarter worth approximately $27,000. JCIC Asset Management Inc. acquired a new stake in shares of PepsiCo during the 3rd quarter valued at approximately $27,000. Vermillion & White Wealth Management Group LLC boosted its holdings in PepsiCo by 107.1% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 234 shares of the company’s stock worth $31,000 after purchasing an additional 121 shares during the period. Halbert Hargrove Global Advisors LLC increased its stake in PepsiCo by 667.7% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock valued at $33,000 after purchasing an additional 207 shares during the last quarter. Finally, Manning & Napier Advisors LLC acquired a new stake in shares of PepsiCo during the third quarter worth $37,000. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Trading Up 1.3%

Shares of NASDAQ:PEP opened at $169.15 on Thursday. The stock has a market capitalization of $231.17 billion, a price-to-earnings ratio of 28.19, a PEG ratio of 3.18 and a beta of 0.40. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $170.75. The company has a 50 day moving average price of $148.78 and a 200 day moving average price of $146.79. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.67 and a current ratio of 0.85.

PepsiCo (NASDAQ:PEP) last released its earnings results on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, topping the consensus estimate 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 last year, the firm posted $1.96 earnings per share. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. On average, research analysts anticipate that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo declared that its Board of Directors has approved 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 reacquire up to 4.7% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

PepsiCo Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 6th will be issued a dividend of $1.4225 per share. This represents a $5.69 annualized dividend and a dividend yield of 3.4%. The ex-dividend date 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: Dividend/yield interest — Market commentary argues PepsiCo’s dividend yield and steady payout make PEP attractive in uncertain markets, helping drive inflows and supporting the stock’s rally. I Predicted That PepsiCo’s Dividend Yield Peaked…
• Positive Sentiment: Analyst bull case on long-term growth — Zacks highlights PEP as a top long-term growth name based on its portfolio, cash flow and scale, which supports a buy-and-hold thesis. Why PepsiCo (PEP) is a Top Growth Stock for the Long-Term
• Positive Sentiment: Strategy = innovation + margins — A Zacks piece notes PepsiCo is funding innovation and brand building while pursuing productivity and pricing discipline, signaling management is balancing growth and margin recovery. Can PepsiCo Balance Innovation Spending and Margin Expansion?
• Neutral Sentiment: Debt/capital markets activity — PepsiCo announced a €2.5 billion euro-denominated senior notes offering (tranches), which secures funding but raises leverage; impact depends on use (refinancing vs. new spend). PepsiCo Issues €2.5 Billion Euro-Denominated Senior Notes
• Neutral Sentiment: Promotional pricing on snacks — PepsiCo cut prices (brands like Lay’s, Doritos ~15%) to drive volume; could boost share and top-line but may pressure near-term margins. Betcha can eat more than just one…
• Neutral Sentiment: Local operating focus — Management commentary emphasizes “operate locally” advantages (supply/portfolio tailoring), a strategic positive but not an immediate catalyst. PepsiCo exec on the power of operating locally
• Neutral Sentiment: Celsius board change — A PepsiCo-designate resigned from Celsius’ board; noteworthy for the JV/partnership but not material for PepsiCo’s financials. Celsius Holdings Reshapes Board and Leadership with PepsiCo
• Negative Sentiment: Bearish analyst stance persists — Rothschild & Co Redburn raised its target to $130 but kept a “sell” rating, implying meaningful downside from current levels and signaling some analysts still see valuation risk. Rothschild & Co Redburn adjusts price target…
• Negative Sentiment: Sector/peer weakness — Coca‑Cola’s weak organic-sales guidance pressured beverage peers, briefly weighing on PepsiCo’s stock despite PEP’s own solid quarter. Coca-Cola falls after organic-sales guidance disappoints…

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. DZ Bank raised PepsiCo from a “hold” rating to a “buy” rating and set a $167.00 target price for the company in a report on Tuesday, October 21st. HSBC upped their price objective on PepsiCo from $152.00 to $175.00 and gave the stock a “hold” rating in a research note on Thursday, February 5th. Weiss Ratings reissued a “hold (c)” rating on shares of PepsiCo in a report on Friday, January 9th. Loop Capital set a $164.00 price objective on shares of PepsiCo in a report on Thursday, October 23rd. Finally, UBS Group reissued a “buy” rating and set a $190.00 target price on shares of PepsiCo in a research note on Wednesday, February 4th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $167.68.

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.