K.J. Harrison & Partners Inc bought a new stake in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 5,661 shares of the company’s stock, valued at approximately $806,000.
A number of other hedge funds also recently modified their holdings of PEP. Catalyst Financial Partners LLC boosted its position in shares of PepsiCo by 19.3% in the third quarter. Catalyst Financial Partners LLC now owns 6,634 shares of the company’s stock worth $932,000 after buying an additional 1,073 shares during the period. Fox Run Management L.L.C. acquired a new stake in PepsiCo during the 3rd quarter worth about $1,057,000. MAI Capital Management grew its stake in PepsiCo by 2.9% during the 3rd quarter. MAI Capital Management now owns 327,639 shares of the company’s stock valued at $46,014,000 after acquiring an additional 9,387 shares in the last quarter. Cary Street Partners Financial LLC increased its holdings in shares of PepsiCo by 2.2% in the 3rd quarter. Cary Street Partners Financial LLC now owns 72,316 shares of the company’s stock valued at $10,156,000 after purchasing an additional 1,572 shares during the period. Finally, Waddell & Associates LLC lifted its position in shares of PepsiCo by 74.7% in the third quarter. Waddell & Associates LLC now owns 9,723 shares of the company’s stock worth $1,366,000 after purchasing an additional 4,158 shares in the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on PEP shares. Evercore boosted their price objective on shares of PepsiCo from $152.00 to $165.00 in a research report on Wednesday, February 4th. TD Cowen boosted their price target on shares of PepsiCo from $162.00 to $165.00 and gave the company a “hold” rating in a report on Friday, February 20th. Jefferies Financial Group increased their price objective on PepsiCo from $163.00 to $164.00 and gave the stock a “hold” rating in a report on Tuesday, December 9th. BNP Paribas Exane set a $191.00 target price on PepsiCo in a research note on Wednesday, February 4th. Finally, HSBC raised their price target on PepsiCo from $152.00 to $175.00 and gave the stock a “hold” rating in a research note on Thursday, February 5th. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $168.00.
PepsiCo Price Performance
NASDAQ PEP opened at $167.58 on Friday. PepsiCo, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $171.48. The stock’s 50-day moving average is $152.72 and its two-hundred day moving average is $148.65. The firm has a market cap 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. 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 – Get Free Report) last issued its quarterly earnings data on Monday, February 2nd. The company reported $2.26 EPS for the quarter, beating 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 business had revenue of $29.34 billion for the quarter, compared to analyst estimates of $28.96 billion. During the same quarter in the prior year, the firm posted $1.96 EPS. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis. On average, analysts anticipate that PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year.
PepsiCo Dividend Announcement
The company 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 $1.4225 dividend. 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 currently 94.83%.
PepsiCo declared that its board has authorized a share buyback program on Tuesday, February 3rd that permits the company to buyback $10.00 billion in shares. This buyback authorization permits the company to buy up to 4.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.
Trending Headlines about 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.
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