Atria Investments Inc Has $13.65 Million Holdings in PepsiCo, Inc. $PEP

Atria Investments Inc lowered its position in PepsiCo, Inc. (NASDAQ:PEP) by 9.3% during the third quarter, according to its most recent filing with the SEC. The firm owned 97,185 shares of the company’s stock after selling 9,931 shares during the period. Atria Investments Inc’s holdings in PepsiCo were worth $13,649,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. JCIC Asset Management Inc. bought a new position in shares of PepsiCo in the 3rd quarter worth about $27,000. Evolution Wealth Management Inc. acquired a new stake in PepsiCo during the second quarter worth approximately $27,000. Vermillion & White Wealth Management Group LLC increased its holdings in PepsiCo by 107.1% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 234 shares of the company’s stock worth $31,000 after purchasing an additional 121 shares in the last quarter. Halbert Hargrove Global Advisors LLC boosted its holdings in shares of PepsiCo by 667.7% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock worth $33,000 after buying an additional 207 shares in the last quarter. Finally, Manning & Napier Advisors LLC acquired a new stake in shares of PepsiCo during the 3rd quarter worth approximately $37,000. Institutional investors own 73.07% of the company’s stock.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Recent earnings and brand momentum have driven a strong rally (up ~18–19% recently), supporting investor confidence in beverages, snacks and global growth. PepsiCo Up 18% in a Month
• Positive Sentiment: Analyst and buy-side narratives around dividend yield and income appeal have lifted interest in PEP as a dividend/quality play, helping the stock’s momentum this year. I Predicted That PepsiCo’s Dividend Yield Peaked
• Positive Sentiment: Barclays raised its price target after the earnings update (reflecting a post-earnings model tweak), signaling some analyst support even as they kept an Equal Weight stance. Price Target Increased to $160 at Barclays
• Neutral Sentiment: PepsiCo priced a €2.5 billion euro-denominated senior notes offering—a material financing event that is likely refinancing or liquidity-focused; watch maturity and coupon details for balance-sheet impact. PepsiCo Issues €2.5 Billion Senior Notes
• Neutral Sentiment: Macro/sector exposure via ETFs: Invesco’s PBJ ETF commentary highlights PepsiCo as a core, diversified food & beverage holding—useful context for passive flows into the name. After Stalling Out, PBJ May Be Finally Be Ready To Deliver
• Neutral Sentiment: Corporate features on leadership, inclusivity and “operating locally” signal long-term cultural/operational strengths but are unlikely to move the stock near term. How a PepsiCo exec is paving careers for women in supply chains
• Negative Sentiment: PepsiCo announced price cuts on some snack SKUs (reported ~15% on brands like Lay’s/Doritos), which could boost volumes but weigh on gross margins and near-term profitability if not offset by mix or cost savings. Brands like Lay’s, Doritos to get 15% cheaper

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on PEP shares. UBS Group reiterated a “buy” rating and set a $190.00 target price on shares of PepsiCo in a research report on Wednesday, February 4th. Citigroup increased their price objective on shares of PepsiCo from $170.00 to $182.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Evercore boosted their target price on PepsiCo from $152.00 to $165.00 in a research report on Wednesday, February 4th. Morgan Stanley boosted their price objective on PepsiCo from $165.00 to $180.00 and gave the company an “equal weight” rating in a report on Wednesday, February 4th. Finally, Wells Fargo & Company upped their target price on PepsiCo from $154.00 to $165.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $167.68.

PepsiCo Price Performance

Shares of NASDAQ:PEP opened at $167.20 on Friday. The company has a market capitalization of $228.50 billion, a P/E ratio of 27.87, a price-to-earnings-growth ratio of 3.22 and a beta of 0.40. The company’s 50-day moving average is $149.19 and its 200 day moving average is $146.93. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.67 and a current ratio of 0.85. PepsiCo, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $171.48.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings data 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 net margin of 8.77% and a return on equity of 57.92%. 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 previous year, the firm posted $1.96 earnings per share. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. On average, equities research analysts forecast that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo announced that its Board of Directors has authorized a stock repurchase program on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in shares. This repurchase authorization permits the company to reacquire up to 4.7% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s board believes its stock is undervalued.

PepsiCo Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 6th will be given a $1.4225 dividend. This represents a $5.69 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Friday, March 6th. PepsiCo’s dividend payout ratio (DPR) is currently 94.83%.

PepsiCo Company 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.