PepsiCo, Inc. $PEP Position Increased by Mirabella Financial Services LLP

Mirabella Financial Services LLP lifted its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 154.6% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 32,877 shares of the company’s stock after buying an additional 19,965 shares during the quarter. Mirabella Financial Services LLP’s holdings in PepsiCo were worth $4,608,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Evolution Wealth Management Inc. acquired a new position in PepsiCo in the second quarter valued at approximately $27,000. JCIC Asset Management Inc. acquired a new stake in shares of PepsiCo during the 3rd quarter worth approximately $27,000. Vermillion & White Wealth Management Group LLC lifted its holdings in shares of 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 purchasing an additional 121 shares during the last quarter. Imprint Wealth LLC acquired a new position in PepsiCo during the 3rd quarter valued at approximately $31,000. Finally, Halbert Hargrove Global Advisors LLC grew its stake in PepsiCo by 667.7% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock worth $33,000 after buying an additional 207 shares during the last quarter. Institutional investors own 73.07% of the company’s stock.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Settlement with activist Elliott Management that outlines cost savings, portfolio pruning and potential leadership changes — a catalyst for faster margin improvement and clearer strategic focus. PepsiCo Activist Deal And Good Warrior Launch Refocus Growth Priorities
• Positive Sentiment: Launch of Good Warrior meat snacks (protein-packed beef sticks) expands PepsiCo into a fast-growing, higher-margin protein/snack category — supports growth and portfolio diversification. PepsiCo Enters Booming Meat Stick Space With Good Warrior
• Neutral Sentiment: Research/market coverage noting the stock pulled back amid a broader market uptick — frames today’s move as partly market-driven rather than company-specific. PepsiCo (PEP) Stock Falls Amid Market Uptick: What Investors Need to Know
• Neutral Sentiment: Company is highlighting AI/agentic tools in an industry keynote — potential medium/long-term productivity and customer-experience benefits but not an immediate earnings driver. PepsiCo AI Keynote Links Agentic Tools To Valuation And Risk Views
• Neutral Sentiment: Limited-release flavor and new marketing campaigns (including regional celeb hires) generate brand buzz but are unlikely to move near-term fundamentals materially. Special new Pepsi flavor is out but you can’t get it in stores
• Negative Sentiment: Shareholder law firm Lowey Dannenberg launched an investigation into potential fiduciary breaches tied to prior antitrust-related litigation and pricing practices — introduces legal and governance risk that could pressure sentiment. SHAREHOLDER ALERT: Lowey Dannenberg is Investigating PepsiCo Inc. (NASDAQ: PEP)

Wall Street Analyst Weigh In

PEP has been the topic of a number of recent research reports. Morgan Stanley raised their target price on PepsiCo from $165.00 to $180.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PepsiCo in a report on Friday, January 9th. BNP Paribas Exane set a $191.00 price objective on shares of PepsiCo in a research report on Wednesday, February 4th. Piper Sandler upped their target price on shares of PepsiCo from $172.00 to $181.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Wall Street Zen upgraded shares of PepsiCo from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $169.00.

PepsiCo Stock Down 1.4%

PepsiCo stock opened at $157.72 on Tuesday. PepsiCo, Inc. has a 52 week low of $127.60 and a 52 week high of $171.48. The stock has a market cap of $215.55 billion, a price-to-earnings ratio of 26.29, a PEG ratio of 3.07 and a beta of 0.39. The company’s 50-day moving average price is $157.07 and its two-hundred day moving average price is $149.78. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 2.06.

PepsiCo (NASDAQ:PEP) last issued its quarterly 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. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The company had revenue of $29.34 billion during the quarter, compared to analyst estimates of $28.96 billion. During the same period in the prior year, the business posted $1.96 EPS. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. On average, analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Announces Dividend

The company also recently declared 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. This represents a $5.69 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Friday, March 6th. PepsiCo’s dividend payout ratio (DPR) is presently 94.83%.

PepsiCo declared that its Board of Directors has authorized a stock buyback plan on Tuesday, February 3rd that permits the company to buyback $10.00 billion in shares. This buyback authorization permits the company to reacquire up to 4.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

About PepsiCo

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.