PepsiCo, Inc. $PEP Shares Purchased by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co boosted its stake in PepsiCo, Inc. (NASDAQ:PEP) by 16.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 138,359 shares of the company’s stock after acquiring an additional 19,250 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in PepsiCo were worth $19,431,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in PEP. Evolution Wealth Management Inc. purchased a new stake in PepsiCo during the 2nd quarter worth approximately $27,000. JCIC Asset Management Inc. acquired a new stake in shares of PepsiCo in the third quarter worth approximately $27,000. Vermillion & White Wealth Management Group LLC grew its holdings in shares of PepsiCo by 107.1% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 234 shares of the company’s stock worth $31,000 after buying an additional 121 shares in the last quarter. Halbert Hargrove Global Advisors LLC lifted its stake in shares of PepsiCo by 667.7% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock worth $33,000 after buying an additional 207 shares in the last quarter. Finally, Manning & Napier Advisors LLC acquired a new position in PepsiCo during the third quarter worth about $37,000. 73.07% of the stock is owned by hedge funds and other institutional investors.

PepsiCo Stock Performance

NASDAQ PEP opened at $169.74 on Monday. The company has a market cap of $231.98 billion, a P/E ratio of 28.29, a P/E/G ratio of 3.25 and a beta of 0.39. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $171.48. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.85 and a quick ratio of 0.67. The stock has a 50-day moving average of $153.15 and a two-hundred day moving average of $148.83.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings data on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, beating 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 previous year, the business posted $1.96 earnings per share. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. As a group, analysts anticipate that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo declared that its Board of Directors has initiated a share repurchase program on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in shares. This repurchase authorization permits the company to reacquire up to 4.7% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued.

PepsiCo Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 6th will be paid a dividend of $1.4225 per share. This represents a $5.69 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Friday, March 6th. PepsiCo’s payout ratio is presently 94.83%.

Wall Street Analyst Weigh In

PEP has been the subject of several recent research reports. Wells Fargo & Company increased their price target on PepsiCo from $154.00 to $165.00 and gave the company an “equal weight” rating in a report on Wednesday, February 4th. Wall Street Zen cut shares of PepsiCo from a “buy” rating to a “hold” rating in a research report on Saturday, December 27th. JPMorgan Chase & Co. raised 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. Piper Sandler raised their target price on PepsiCo from $161.00 to $172.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 9th. Finally, Argus raised PepsiCo to a “hold” rating in a research note on Tuesday, February 17th. Eight analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, PepsiCo presently has an average rating of “Hold” and a consensus target price of $168.00.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is launching its Poppi soda brand in the UK — its first rollout outside the U.S. — which broadens international growth avenues for a fast‑growing beverage SKU and leverages local bottler Carlsberg Britvic for production and distribution. poppi lands in the UK
• Positive Sentiment: Dividend narrative remains supportive: coverage pieces continue to highlight PepsiCo’s long dividend track record and yield profile, attracting income‑focused investors and providing a defensive valuation underpin. Dividend King coverage
• Positive Sentiment: Management/marketing moves and digital push — PepsiCo elevated Mira Medhat to a regional beverages marketing role and is leaning into social media influencers (TikTok) to drive brand buzz, indicating active investment in demand creation for beverage SKUs. Marketing director promotion
• Neutral Sentiment: Investor attention metrics: tools and sites (Zacks/other screens) show elevated interest in PEP — higher searches can increase short‑term liquidity and volatility but are not directional on fundamentals. Zacks investor interest
• Neutral Sentiment: Nearby competitor/asset news — Celsius Holdings reported strong results after acquiring Rockstar (previously part of PepsiCo). Celsius strength is an industry datapoint but doesn’t directly change PepsiCo’s core beverage economics. Celsius earnings and Rockstar note
• Negative Sentiment: PepsiCo will close a Frito‑Lay warehouse in Rancho Cucamonga, CA, laying off ~248 workers — a cost/supply‑chain action that reduces capacity and creates short‑term disruption and local PR/ESG scrutiny. Frito‑Lay warehouse closure
• Negative Sentiment: Short interest rose sharply in February (≈25% increase month‑over‑month) — a higher short base can amplify downside risk and volatility if negative news or earnings miss occurs. (Data reported in market summaries.)
• Negative Sentiment: Proxy/ESG issue: a shareholder action over animal welfare was halted after PepsiCo relented on a demand — the resolution removes litigation uncertainty but signals concession on an ESG matter, which may concern some investors. 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.