Envestnet Asset Management Inc. Trims Stake in PepsiCo, Inc. $PEP

Envestnet Asset Management Inc. cut its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 1.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,330,700 shares of the company’s stock after selling 24,042 shares during the period. Envestnet Asset Management Inc. owned approximately 0.17% of PepsiCo worth $327,324,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in PEP. Peregrine Asset Advisers Inc. grew its stake in shares of PepsiCo by 185.4% during the third quarter. Peregrine Asset Advisers Inc. now owns 40,905 shares of the company’s stock valued at $5,745,000 after buying an additional 26,573 shares during the last quarter. Telos Capital Management Inc. increased its stake in PepsiCo by 4.8% in the third quarter. Telos Capital Management Inc. now owns 142,128 shares of the company’s stock worth $19,960,000 after purchasing an additional 6,452 shares during the period. Ashton Thomas Private Wealth LLC lifted its position in shares of PepsiCo by 55.6% during the third quarter. Ashton Thomas Private Wealth LLC now owns 62,494 shares of the company’s stock worth $8,777,000 after purchasing an additional 22,335 shares during the last quarter. Alta Capital Management LLC boosted its stake in shares of PepsiCo by 10.9% during the third quarter. Alta Capital Management LLC now owns 26,956 shares of the company’s stock valued at $3,786,000 after purchasing an additional 2,642 shares during the period. Finally, Valley Brook Capital Group Inc. grew its holdings in shares of PepsiCo by 1.2% in the third quarter. Valley Brook Capital Group Inc. now owns 8,182 shares of the company’s stock worth $1,149,000 after purchasing an additional 100 shares during the last quarter. Institutional investors own 73.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on PEP. HSBC boosted their price objective on shares of PepsiCo from $145.00 to $152.00 and gave the company a “hold” rating in a research report on Friday, October 10th. Exane BNP Paribas reissued an “outperform” rating on shares of PepsiCo in a research note on Wednesday. JPMorgan Chase & Co. lifted their target price on PepsiCo from $164.00 to $176.00 and gave the company an “overweight” rating in a research report on Wednesday. Jefferies Financial Group increased their price target on PepsiCo from $163.00 to $164.00 and gave the stock a “hold” rating in a research report on Tuesday, December 9th. Finally, DZ Bank upgraded PepsiCo from a “hold” rating to a “buy” rating and set a $167.00 price objective for the company in a report on Tuesday, October 21st. Nine 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 data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $165.28.

PepsiCo Price Performance

PEP opened at $166.18 on Thursday. The firm has a market capitalization of $227.22 billion, a PE ratio of 27.70, a price-to-earnings-growth ratio of 5.35 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 0.72. The business’s 50-day moving average is $146.83 and its two-hundred day moving average is $145.95. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $167.94.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $2.26 earnings per share for the quarter, beating analysts’ consensus estimates of $2.24 by $0.02. The business had revenue of $29.34 billion for the quarter, compared to analysts’ expectations of $28.96 billion. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The company’s revenue was up 5.6% compared to the same quarter last year. During the same period last year, the business earned $1.96 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Research analysts anticipate that PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year.

PepsiCo announced that its Board of Directors has authorized a share buyback program on Tuesday, February 3rd that allows the company to buyback $10.00 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 4.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

PepsiCo Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Friday, December 5th were given a $1.4225 dividend. The ex-dividend date of this dividend was Friday, December 5th. 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 108.17%.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Q4 results beat expectations and management reiterated FY‑2026 guidance — revenue and adjusted EPS topped estimates, driven by international soda strength and improving beverage momentum. This beat is the primary fundamental catalyst supporting the rally. PepsiCo tops quarterly revenue estimates
• Positive Sentiment: Board authorized a $10 billion share repurchase program (≈4.7% of shares outstanding), signaling management believes shares are undervalued and providing buyback-driven EPS support. RTT News on buyback
• Positive Sentiment: Dividend raised — board declared a quarterly dividend of $1.4225 per share, a 5% increase year-over-year, reinforcing income appeal for dividend investors. PepsiCo Declares Quarterly Dividend
• Positive Sentiment: Several sell‑side firms raised price targets (JPMorgan, Morgan Stanley, TD Cowen, Barclays among others), which can support momentum and attract allocation flows. Analyst price-target moves
• Neutral Sentiment: PepsiCo will cut suggested retail prices on major snacks (Lay’s, Doritos, Cheetos) by as much as 15% to boost affordability and volume ahead of big consumption events — a deliberate trade of price for share/volume that could help demand but pressures near-term margins. After Years of Increases, PepsiCo Pledges to Cut Prices on Snacks
• Neutral Sentiment: Strategic initiatives (tests to integrate beverage/snack distribution, trimming SKUs ~20%, refocusing top brands) aim to lift margins and execution — positive long-term if executed, but results are still early. MarketBeat strategic summary
• Negative Sentiment: Bearish/critical takes argue the rally is multiple expansion rather than improving volumes — price-led growth in Q4 and the new price cuts raise execution risk and could compress margins; some analysts/voices label the setup risky for new buyers. Seeking Alpha — Strong Sell
• Negative Sentiment: Macro/structural headwinds to snack volumes (e.g., consumer affordability pressures, GLP‑1–related demand shifts cited by commentators) remain a watch item; management is banking on price cuts and product focus to recover volumes. Jim Cramer commentary

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.