Maridea Wealth Management LLC Takes $477,000 Position in PepsiCo, Inc. $PEP

Maridea Wealth Management LLC acquired a new stake in PepsiCo, Inc. (NASDAQ:PEP) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 3,108 shares of the company’s stock, valued at approximately $477,000.

Other hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new stake in PepsiCo during the 2nd quarter worth approximately $2,330,594,000. Laurel Wealth Advisors LLC lifted its holdings in shares of PepsiCo by 14,420.2% during the second quarter. Laurel Wealth Advisors LLC now owns 3,890,688 shares of the company’s stock worth $513,726,000 after purchasing an additional 3,863,893 shares during the period. Charles Schwab Investment Management Inc. raised its position in PepsiCo by 9.7% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 29,031,404 shares of the company’s stock worth $3,833,406,000 after purchasing an additional 2,556,163 shares during the last quarter. Franklin Resources Inc. lifted its holdings in PepsiCo by 19.5% during the 2nd quarter. Franklin Resources Inc. now owns 15,577,073 shares of the company’s stock worth $2,056,797,000 after buying an additional 2,541,455 shares during the period. Finally, First Trust Advisors LP grew its position in shares of PepsiCo by 112.6% in the 2nd quarter. First Trust Advisors LP now owns 4,040,079 shares of the company’s stock valued at $533,452,000 after buying an additional 2,139,847 shares during the last quarter. 73.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Evercore lifted their price objective on PepsiCo from $152.00 to $165.00 in a research note on Wednesday, February 4th. Barclays upped their price objective on shares of PepsiCo from $148.00 to $160.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Piper Sandler boosted their target price on shares of PepsiCo from $161.00 to $172.00 and gave the company an “overweight” rating in a report on Tuesday, December 9th. HSBC increased their price target on PepsiCo from $152.00 to $175.00 and gave the stock a “hold” rating in a report on Thursday, February 5th. Finally, JPMorgan Chase & Co. increased their price target on PepsiCo from $164.00 to $176.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Eight equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $167.83.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is pushing health-forward innovation with a national rollout of a prebiotic soda and a push into fiber snacks — moves that diversify the beverage/snack mix and target growing better-for-you demand. PepsiCo Bets On Prebiotic Cola And Fiber Snacks To Sustain Growth
• Positive Sentiment: Separate coverage highlights the national launch of PepsiCo’s prebiotic soda, signaling broader distribution and marketing support that could help accelerate adoption. Beverage buzz: PepsiCo launches its prebiotic soda nationally
• Positive Sentiment: PepsiCo ran its first creator-led product launch aimed at Gen Z to reimagine snack formats and drive cultural relevance — a strategic marketing push that could support share gains with younger consumers. PepsiCo’s first creator-led product launch reimagines chips for Gen Z
• Positive Sentiment: Dividend-focused coverage notes PepsiCo’s March-quarter dividend payment and its long streak of increases, reinforcing income credibility and appeal to yield-seeking investors. Retirees Are Quietly Accumulating This 8% Dividend Grower With a Half-Century of Increases
• Neutral Sentiment: Management presented at the Consumer Analyst Group of New York conference (transcript), reiterating strategy around brand mix, pricing and productivity — useful detail for modelling but no major guidance shock reported. PepsiCo, Inc. (PEP) Presents at Consumer Analyst Group of New York Conference 2026 Transcript
• Neutral Sentiment: Slides from PepsiCo’s CAGNY presentation are available for deeper investor review of product pipeline, marketing spend and margin levers — important for longer-term conviction but not an immediate catalyst. PepsiCo, Inc. (PEP) Presents at Consumer Analyst Group of New York Conference 2026 – Slideshow
• Negative Sentiment: PepsiCo said it will cut prices on Cheetos, Doritos and other snacks after consumer backlash — a near-term risk to gross margins and pricing power that could weigh on profitability if promotions persist. PepsiCo to cut prices on Cheetos, Doritos, and more following consumer backlash

PepsiCo Stock Up 1.5%

PepsiCo stock opened at $164.39 on Thursday. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 2.06. The firm’s fifty day moving average price is $150.65 and its two-hundred day moving average price is $147.62. The firm has a market capitalization of $224.66 billion, a price-to-earnings ratio of 27.40, a price-to-earnings-growth ratio of 3.09 and a beta of 0.40. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $171.48.

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

PepsiCo declared that its board has authorized a share repurchase plan on Tuesday, February 3rd that permits the company to buyback $10.00 billion in outstanding shares. This buyback authorization permits the company to purchase up to 4.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

PepsiCo Dividend Announcement

The business also recently disclosed 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. The ex-dividend date is Friday, March 6th. This represents a $5.69 annualized dividend and a yield of 3.5%. PepsiCo’s dividend payout ratio (DPR) is 94.83%.

PepsiCo Company 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.