Bradley Foster & Sargent Inc. CT Sells 10,924 Shares of PepsiCo, Inc. $PEP

Bradley Foster & Sargent Inc. CT reduced its stake in PepsiCo, Inc. (NASDAQ:PEP) by 2.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 441,712 shares of the company’s stock after selling 10,924 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in PepsiCo were worth $62,034,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in PEP. Evolution Wealth Management Inc. acquired a new position in PepsiCo in the second quarter valued at about $27,000. JCIC Asset Management Inc. bought a new position in PepsiCo in the 3rd quarter valued at about $27,000. Vermillion & White Wealth Management Group LLC raised its position in shares of PepsiCo by 107.1% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 234 shares of the company’s stock valued at $31,000 after buying an additional 121 shares in the last quarter. Halbert Hargrove Global Advisors LLC boosted its position 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 acquiring an additional 207 shares in the last quarter. Finally, Manning & Napier Advisors LLC bought a new position in PepsiCo in the third quarter valued at approximately $37,000. Institutional investors own 73.07% of the company’s stock.

Analysts Set New Price Targets

PEP has been the topic of a number of research analyst reports. Morgan Stanley raised their target price on PepsiCo from $165.00 to $180.00 and gave the company an “equal weight” rating in a report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PepsiCo in a research note on Friday, January 9th. Wall Street Zen cut PepsiCo from a “buy” rating to a “hold” rating in a research report on Saturday, December 27th. BNP Paribas Exane set a $191.00 target price on shares of PepsiCo in a report on Wednesday, February 4th. Finally, HSBC lifted their price target on shares of PepsiCo from $152.00 to $175.00 and gave the company a “hold” rating in a report on Thursday, February 5th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $168.00.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo raised its dividend again, marking another consecutive annual increase and highlighting its reliable cash-return profile — a key reason income-focused investors favor PEP. PepsiCo raises dividend again to extend legendary streak
• Positive Sentiment: TD Cowen and other outlets have nudged price targets higher (e.g., to $165), reflecting confidence in PepsiCo’s turnaround color and 2026 outlook — analyst support can underpin near-term share strength. TD Cowen Lifts PT on PepsiCo (PEP) to $165 From $162 – Here’s Why
• Positive Sentiment: PepsiCo is pushing into functional snacks and beverages (health-forward formats) as a growth engine beyond traditional categories — this strategic shift could improve margins and address faster-growing consumer segments. Can Functional Snacks and Drinks Power PepsiCo’s Next Leg Up?
• Positive Sentiment: Branded collaborations and NPD (e.g., JACK LINK’S x DORITOS Nacho Cheese beef jerky and new limited-edition flavors) expand snack formats and licensing upside, helping top-line innovation and brand engagement. JACK LINK’S® AND PEPSICO® FOODS LAUNCH DORITOS® NACHO CHEESE FLAVORED BEEF JERKY AND MEAT STICKS
• Neutral Sentiment: PepsiCo tied regenerative farming research (partnering with National Geographic) to its branded snacks strategy — positive for sustainability positioning but a longer‑term, indirect economic impact. PepsiCo Ties Regenerative Farming Push To New Growth In Branded Snacks
• Neutral Sentiment: Valuation write-ups are mixed: some pieces examine whether recent share gains make PEP attractive or expensive today — these analyses may temper momentum if investors conclude shares are fairly priced. Is PepsiCo (PEP) Pricing Look Attractive After Recent Share Price Strength
• Negative Sentiment: PepsiCo has underperformed the Nasdaq over the past year, a reminder that cyclical and growth peers have outpaced PEP — this relative underperformance may limit multiple expansion until growth accelerates. Is PepsiCo Stock Underperforming the Nasdaq?

PepsiCo Stock Up 0.7%

Shares of PEP opened at $169.54 on Wednesday. The company has a market capitalization of $231.70 billion, a PE ratio of 28.26, a PEG ratio of 3.23 and a beta of 0.40. The stock’s 50-day moving average price is $151.97 and its two-hundred day moving average price is $148.37. 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, Inc. has a 12 month low of $127.60 and a 12 month high of $171.48.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings data on Monday, February 2nd. The company reported $2.26 EPS for the quarter, topping analysts’ consensus estimates of $2.24 by $0.02. The company had revenue of $29.34 billion for the quarter, compared to analyst estimates of $28.96 billion. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The firm’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.96 earnings per share. On average, analysts anticipate that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo Announces Dividend

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

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

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.