PepsiCo, Inc. $PEP Shares Sold by TD Asset Management Inc

TD Asset Management Inc reduced its position in PepsiCo, Inc. (NASDAQ:PEP) by 1.2% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,187,096 shares of the company’s stock after selling 14,501 shares during the quarter. TD Asset Management Inc owned about 0.09% of PepsiCo worth $166,716,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. JCIC Asset Management Inc. purchased a new position in PepsiCo during the third quarter worth about $27,000. Evolution Wealth Management Inc. purchased a new position in shares of PepsiCo during the 2nd 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 valued at $31,000 after buying an additional 121 shares during the period. Halbert Hargrove Global Advisors LLC boosted 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 valued at $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 $37,000. Institutional investors and hedge funds own 73.07% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. TD Cowen raised their target price on PepsiCo from $162.00 to $165.00 and gave the company a “hold” rating in a report on Friday, February 20th. Jefferies Financial Group boosted their price objective on shares of PepsiCo from $163.00 to $164.00 and gave the stock a “hold” rating in a report on Tuesday, December 9th. UBS Group reaffirmed a “buy” rating and issued a $190.00 target price on shares of PepsiCo in a report on Wednesday, February 4th. Barclays boosted their price target on PepsiCo from $148.00 to $160.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Finally, Piper Sandler raised their price objective on PepsiCo from $161.00 to $172.00 and gave the company an “overweight” rating in a research note on Tuesday, December 9th. Eight analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, PepsiCo presently has an average rating of “Hold” and an average target price of $168.00.

PepsiCo Stock Down 0.2%

PEP stock opened at $169.17 on Thursday. 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 company’s 50 day simple moving average is $152.36 and its 200-day simple moving average is $148.52. PepsiCo, Inc. has a 12 month low of $127.60 and a 12 month high of $171.48. The firm has a market capitalization of $231.20 billion, a PE ratio of 28.20, a P/E/G ratio of 3.25 and a beta of 0.40.

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

PepsiCo Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a dividend yield of 3.4%. PepsiCo’s dividend payout ratio (DPR) is presently 94.83%.

PepsiCo announced that its board has initiated a stock buyback program 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 programs are often a sign that the company’s board of directors believes its shares are undervalued.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo raised its dividend (another increase in its long streak), reinforcing its income appeal and defensive positioning for yield-focused investors. PepsiCo raises dividend again to extend legendary streak
• Positive Sentiment: New product and sustainability moves — a branded Jack Link’s x Doritos jerky launch plus a regenerative agriculture partnership with National Geographic — diversify the snack portfolio and support premium/sustainable positioning in snacks. JACK LINK’S® AND PEPSICO® FOODS LAUNCH DORITOS® NACHO CHEESE FLAVORED BEEF JERKY AND MEAT STICKS PepsiCo Ties Regenerative Farming Push To New Growth In Branded Snacks
• Positive Sentiment: Ongoing digital/AI and enterprise tech investments (coverage by Forbes and a ResearchAndMarkets profile) highlight initiatives that could improve margins, route-to-consumer, and e‑commerce expansion over time. PepsiCo’s Blueprint: How Scaling Digital Platforms Creates An AI Edge PepsiCo Enterprise Technology Analysis Report 2025
• Neutral Sentiment: Analyst/peer comparisons: coverage contrasting PepsiCo’s diversified snacks+drinks model with Coca‑Cola’s pure-play beverage model highlights different valuation and growth tradeoffs — useful for relative-value positioning but not an immediate catalyst. PepsiCo vs. Coca-Cola: Which Beverage Giant Wins the Cola War?
• Neutral Sentiment: Coverage noting PEP’s underperformance vs. the Nasdaq over the past year is prompting discussion about upside potential versus cyclical headwinds; analysts remain moderately bullish overall. Is PepsiCo Stock Underperforming the Nasdaq? Is PepsiCo Stock Underperforming the Nasdaq?
• Neutral Sentiment: Industry context: Keurig Dr Pepper’s strategic moves (merger/split) could shift relative valuations across beverage peers, creating comparisons that may influence sentiment toward PEP but are not direct company news. Keurig Dr Pepper’s Split Plan Could Unlock Hidden Value
• Negative Sentiment: Short interest jumped ~25.5% in February to ~29.7M shares (about 2.2% of shares), with a short-interest ratio ~2.6 days — a meaningful rise that can increase volatility and selling pressure if pessimism spreads. (No link available)

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.