Machina Capital S.A.S. Decreases Holdings in PepsiCo, Inc. $PEP

Machina Capital S.A.S. cut its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 53.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,802 shares of the company’s stock after selling 12,552 shares during the period. Machina Capital S.A.S.’s holdings in PepsiCo were worth $1,517,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Post Resch Tallon Group Inc. acquired a new position in PepsiCo during the 3rd quarter valued at about $210,000. Lokken Investment Group LLC grew its position in PepsiCo by 5.9% during the 3rd quarter. Lokken Investment Group LLC now owns 9,814 shares of the company’s stock worth $1,378,000 after purchasing an additional 550 shares during the last quarter. Pinnacle West Asset Management Inc. increased its stake in PepsiCo by 2.5% during the 3rd quarter. Pinnacle West Asset Management Inc. now owns 6,045 shares of the company’s stock valued at $849,000 after purchasing an additional 145 shares in the last quarter. Cherry Creek Investment Advisors Inc. raised its holdings in shares of PepsiCo by 7.8% in the third quarter. Cherry Creek Investment Advisors Inc. now owns 3,346 shares of the company’s stock worth $470,000 after buying an additional 243 shares during the last quarter. Finally, Peregrine Asset Advisers Inc. grew its holdings 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. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

PepsiCo News Summary

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 Stock Performance

NASDAQ PEP opened at $166.18 on Thursday. The company has a current ratio of 0.85, a quick ratio of 0.72 and a debt-to-equity ratio of 2.06. PepsiCo, Inc. has a twelve month low of $127.60 and a twelve month high of $167.94. The stock has a 50-day moving average of $146.83 and a 200 day moving average of $145.95. The stock has a market capitalization of $227.22 billion, a price-to-earnings ratio of 27.70, a PEG ratio of 5.35 and a beta of 0.40.

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

PepsiCo announced that its Board of Directors has approved a stock buyback program on Tuesday, February 3rd that permits the company to buyback $10.00 billion in shares. This buyback authorization permits the company to purchase 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 company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Friday, December 5th were issued a $1.4225 dividend. This represents a $5.69 annualized dividend and a yield of 3.4%. The ex-dividend date was Friday, December 5th. PepsiCo’s payout ratio is presently 108.17%.

Analyst Ratings Changes

Several research firms have weighed in on PEP. Exane BNP Paribas reiterated an “outperform” rating on shares of PepsiCo in a research note on Wednesday. Wells Fargo & Company raised their price target on shares of PepsiCo from $154.00 to $165.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Bank of America upped their price objective on shares of PepsiCo from $150.00 to $155.00 and gave the company a “neutral” rating in a report on Friday, October 10th. Rothschild & Co Redburn raised their target price on shares of PepsiCo from $117.00 to $120.00 and gave the stock a “sell” rating in a report on Monday, December 15th. Finally, DZ Bank raised shares of PepsiCo from a “hold” rating to a “buy” rating and set a $167.00 price target on the stock in a report on Tuesday, October 21st. Nine research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $165.28.

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.