Hohimer Wealth Management LLC Grows Stake in PepsiCo, Inc. $PEP

Hohimer Wealth Management LLC grew its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 33.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 33,482 shares of the company’s stock after acquiring an additional 8,443 shares during the period. Hohimer Wealth Management LLC’s holdings in PepsiCo were worth $4,702,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Evolution Wealth Management Inc. bought a new stake in shares of PepsiCo in the second quarter valued at $27,000. JCIC Asset Management Inc. bought a new position in shares of PepsiCo during the 3rd quarter worth $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 acquiring an additional 121 shares during the last quarter. Halbert Hargrove Global Advisors LLC raised its stake in PepsiCo by 667.7% in 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. Finally, Manning & Napier Advisors LLC purchased a new stake in PepsiCo during the third quarter valued at about $37,000. Institutional investors own 73.07% of the company’s stock.

PepsiCo Stock Down 0.9%

PEP opened at $167.58 on Friday. The firm has a market capitalization of $229.02 billion, a P/E ratio of 27.93, a price-to-earnings-growth ratio of 3.24 and a beta of 0.40. PepsiCo, Inc. has a one year low of $127.60 and a one year high of $171.48. The company has a fifty day moving average price of $152.72 and a 200-day moving average price of $148.65. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.85 and a quick ratio of 0.67.

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

PepsiCo announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, February 3rd that authorizes the company to buyback $10.00 billion in shares. This buyback authorization authorizes the company to repurchase up to 4.7% of its stock through open market purchases. Stock buyback plans are typically an indication 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. Stockholders of record on Friday, March 6th will be given a dividend of $1.4225 per share. This represents a $5.69 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Friday, March 6th. PepsiCo’s dividend payout ratio (DPR) is 94.83%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on PEP. Jefferies Financial Group boosted their price target on shares of PepsiCo from $163.00 to $164.00 and gave the company a “hold” rating in a research report on Tuesday, December 9th. Wall Street Zen lowered shares of PepsiCo from a “buy” rating to a “hold” rating in a research note on Saturday, December 27th. BNP Paribas Exane set a $191.00 target price on PepsiCo in a research report on Wednesday, February 4th. JPMorgan Chase & Co. raised 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. Finally, Evercore boosted their price objective on PepsiCo from $152.00 to $165.00 in a research note on Wednesday, February 4th. Eight equities 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. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $168.00.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Poppi — PepsiCo’s soda brand Poppi launched in the UK, its first expansion outside the U.S., via production and distribution with bottling partner Carlsberg Britvic; that expands international growth avenues for a branded, better-for-you beverage which can help top-line and brand momentum. poppi lands in the UK
• Positive Sentiment: Dividend appeal — multiple dividend-focused outlets include PepsiCo on lists of yield/ dividend-growth stocks, reinforcing its status as a steady income play and potentially drawing buying from income-oriented investors. Got $10,000? Put It in These Dividend Stocks Now 2 Consumer Dividend Stocks to Buy
• Positive Sentiment: Marketing push — PepsiCo is using TikTok creators to boost social engagement for its brands, a low-cost tactic that can lift short-term awareness and support volume for targeted SKUs. PepsiCo turns to TikTok stars
• Neutral Sentiment: Investor attention and comparisons — Zacks and other outlets note elevated investor search/coverage of PEP and publish comparisons vs. Coca‑Cola on valuation and business mix; these pieces raise debate but don’t immediately change fundamentals. Investors Heavily Search PepsiCo PepsiCo vs. Coca‑Cola
• Neutral Sentiment: Digital/tech profile — a new enterprise technology report highlights PepsiCo’s digital initiatives and e‑commerce opportunities; useful for long-term strategy but not an immediate earnings driver. PepsiCo Enterprise Technology Analysis Report 2025
• Negative Sentiment: Rising short interest — short interest increased ~25.5% in February to roughly 29.7M shares (~2.2% of float), signaling growing bearish bets that can pressure the stock and amplify downside on weak days (short-interest ratio ~2.6 days). (Internal trading data)
• Negative Sentiment: Proxy suit and animal‑welfare dispute — a Bloomberg Law report says a proxy suit was halted after PepsiCo relented on an animal-welfare-related demand; halting the suit reduces legal uncertainty but the fact the company conceded could worry governance-focused investors. PepsiCo animal welfare proxy suit halted

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.