PepsiCo, Inc. $PEP Shares Sold by Towerpoint Wealth LLC

Towerpoint Wealth LLC lowered its stake in PepsiCo, Inc. (NASDAQ:PEP) by 69.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,781 shares of the company’s stock after selling 4,012 shares during the period. Towerpoint Wealth LLC’s holdings in PepsiCo were worth $256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. AQR Capital Management LLC lifted its position in shares of PepsiCo by 120.7% during the 3rd quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock worth $830,902,000 after purchasing an additional 3,235,726 shares during the last quarter. First Trust Advisors LP raised its stake in PepsiCo by 112.6% in the second quarter. First Trust Advisors LP now owns 4,040,079 shares of the company’s stock valued at $533,452,000 after buying an additional 2,139,847 shares in the last quarter. Amundi lifted its holdings in PepsiCo by 30.0% during the 3rd quarter. Amundi now owns 8,641,588 shares of the company’s stock worth $1,207,230,000 after buying an additional 1,995,362 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in shares of PepsiCo by 60.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 5,051,114 shares of the company’s stock worth $709,378,000 after acquiring an additional 1,897,865 shares in the last quarter. Finally, Holocene Advisors LP increased its holdings in shares of PepsiCo by 2,437.1% in the 2nd quarter. Holocene Advisors LP now owns 1,913,529 shares of the company’s stock valued at $252,662,000 after acquiring an additional 1,838,108 shares during the last quarter. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

PepsiCo Price Performance

PepsiCo stock opened at $153.04 on Monday. The stock has a 50 day moving average of $158.89 and a two-hundred day moving average of $150.16. PepsiCo, Inc. has a twelve month low of $127.60 and a twelve month high of $171.48. The stock has a market capitalization of $209.15 billion, a price-to-earnings ratio of 25.51, a PEG ratio of 2.93 and a beta of 0.39. 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 released its quarterly earnings results on Monday, February 2nd. The company reported $2.26 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $28.96 billion. During the same quarter in the prior year, the business earned $1.96 earnings per share. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. As a group, research analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo announced that its board has authorized a share buyback plan on Tuesday, February 3rd that allows the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization allows the company to repurchase up to 4.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board of directors believes its shares are undervalued.

PepsiCo Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 6th will be given a $1.4225 dividend. The ex-dividend date is Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.7%. PepsiCo’s dividend payout ratio (DPR) is presently 94.83%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on PEP shares. Royal Bank Of Canada boosted their price target on shares of PepsiCo from $156.00 to $165.00 and gave the company a “sector perform” rating in a research report on Monday, March 2nd. Wells Fargo & Company raised their price target on PepsiCo from $154.00 to $165.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. UBS Group reiterated a “buy” rating and issued a $190.00 price objective on shares of PepsiCo in a research note on Wednesday, February 4th. BNP Paribas Exane set a $191.00 price objective on PepsiCo in a report on Wednesday, February 4th. Finally, Evercore lifted their target price on shares of PepsiCo from $152.00 to $165.00 in a report on Wednesday, February 4th. Eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $169.00.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Market note showing shares climbing on the session — reflects investor appetite today amid other supportive news. PepsiCo (PEP) Increases Despite Market Slip: Here’s What You Need to Know
• Positive Sentiment: Management highlights heavy local sourcing (~95% in APAC) plus AI and hedging to control input-cost and geopolitical risks — this should support margins and supply resilience. PepsiCo Leans on Local Sourcing and AI to Navigate Cost Pressures
• Positive Sentiment: Coverage on the same theme: local sourcing and AI-driven cost management, reinforcing the narrative that PepsiCo is proactively protecting margins. PepsiCo Leans on Local Sourcing and AI to Navigate Cost Pressures
• Positive Sentiment: Product strategy shift into meat snacks to meet demand for cleaner ingredients — diversification into premium/snacking categories can boost revenue mix and margins if execution scales. PepsiCo pivots into meat snacks, as consumers now want ‘cleaner’ ingredients
• Positive Sentiment: New global marketing platform “Pepsi Football Nation” expands brand engagement and sponsorship reach — a potential tailwind for beverage/packaged-snack demand around sports. Pepsi Football Nation: a new global platform celebrates football culture
• Positive Sentiment: PepsiCo sees opportunity from China’s new Five-Year Plan — management tone suggests growth focus in a key market, which investors may view as constructive for international revenue. PepsiCo chief sees potential of China’s new Five-Year Plan
• Neutral Sentiment: Analyst consensus remains an average “Hold” — suggests no near-term re-rating from sell-side, so short-term moves may be driven more by company updates than upgrades. PepsiCo, Inc. (NASDAQ:PEP) Receives Average Recommendation of “Hold” from Analysts
• Neutral Sentiment: Earnings preview ahead of results — analysts will be watching organic sales, margin trends and guidance; the preview keeps focus on upcoming catalysts rather than changing fundamentals today. PepsiCo Earnings Preview: What to Expect
• Negative Sentiment: Article flags PepsiCo among profitable companies with “questionable fundamentals” — a reminder some investors see valuation or structural concerns despite profitability; could pressure sentiment if echoed by analysts. 3 Profitable Stocks with Questionable Fundamentals

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.