PepsiCo, Inc. $PEP Shares Acquired by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. increased its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 154.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,857 shares of the company’s stock after buying an additional 12,645 shares during the quarter. Dana Investment Advisors Inc.’s holdings in PepsiCo were worth $2,929,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Evolution Wealth Management Inc. bought a new stake in shares of PepsiCo during the second quarter valued at about $27,000. JCIC Asset Management Inc. bought a new stake in shares of PepsiCo during the 3rd quarter worth about $27,000. Vermillion & White Wealth Management Group LLC lifted its stake 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 worth $31,000 after acquiring an additional 121 shares during the period. Halbert Hargrove Global Advisors LLC boosted its holdings in shares of PepsiCo by 667.7% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock valued at $33,000 after acquiring an additional 207 shares in the last quarter. Finally, Manning & Napier Advisors LLC bought a new stake in PepsiCo during the third quarter worth approximately $37,000. Institutional investors own 73.07% of the company’s stock.

Wall Street Analysts Forecast Growth

PEP has been the subject of a number of research reports. Piper Sandler increased their price target on PepsiCo from $161.00 to $172.00 and gave the company an “overweight” rating in a research note on Tuesday, December 9th. Jefferies Financial Group raised their target price on PepsiCo from $163.00 to $164.00 and gave the company a “hold” rating in a research note on Tuesday, December 9th. TD Cowen boosted their price target on shares of PepsiCo from $162.00 to $165.00 and gave the stock a “hold” rating in a research report on Friday, February 20th. BNP Paribas Exane set a $191.00 price target on shares of PepsiCo in a report on Wednesday, February 4th. Finally, UBS Group reaffirmed a “buy” rating and issued a $190.00 price objective on shares of PepsiCo in a research note on Wednesday, February 4th. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, PepsiCo currently has a consensus rating of “Hold” and an average price target of $168.00.

PepsiCo Trading Down 0.2%

Shares of PEP opened at $169.17 on Thursday. The business’s 50-day moving average price is $152.36 and its 200 day moving average price is $148.52. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 2.06. The stock has a market capitalization of $231.20 billion, a P/E ratio of 28.20, a P/E/G ratio of 3.25 and a beta of 0.40. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $171.48.

PepsiCo (NASDAQ:PEP) last announced its 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 net margin of 8.77% and a return on equity of 57.92%. The company had revenue of $29.34 billion during the quarter, compared to analysts’ expectations of $28.96 billion. During the same period last year, the company posted $1.96 earnings per share. The business’s revenue for the quarter was up 5.6% on a year-over-year basis. Analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

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

PepsiCo Dividend Announcement

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 paid a dividend of $1.4225 per share. This represents a $5.69 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Friday, March 6th. PepsiCo’s payout ratio is 94.83%.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo raised its dividend (another increase in its long streak), reinforcing its income appeal and defensive positioning for yield-focused investors. PepsiCo raises dividend again to extend legendary streak
• Positive Sentiment: New product and sustainability moves — a branded Jack Link’s x Doritos jerky launch plus a regenerative agriculture partnership with National Geographic — diversify the snack portfolio and support premium/sustainable positioning in snacks. JACK LINK’S® AND PEPSICO® FOODS LAUNCH DORITOS® NACHO CHEESE FLAVORED BEEF JERKY AND MEAT STICKS PepsiCo Ties Regenerative Farming Push To New Growth In Branded Snacks
• Positive Sentiment: Ongoing digital/AI and enterprise tech investments (coverage by Forbes and a ResearchAndMarkets profile) highlight initiatives that could improve margins, route-to-consumer, and e‑commerce expansion over time. PepsiCo’s Blueprint: How Scaling Digital Platforms Creates An AI Edge PepsiCo Enterprise Technology Analysis Report 2025
• Neutral Sentiment: Analyst/peer comparisons: coverage contrasting PepsiCo’s diversified snacks+drinks model with Coca‑Cola’s pure-play beverage model highlights different valuation and growth tradeoffs — useful for relative-value positioning but not an immediate catalyst. PepsiCo vs. Coca-Cola: Which Beverage Giant Wins the Cola War?
• Neutral Sentiment: Coverage noting PEP’s underperformance vs. the Nasdaq over the past year is prompting discussion about upside potential versus cyclical headwinds; analysts remain moderately bullish overall. Is PepsiCo Stock Underperforming the Nasdaq? Is PepsiCo Stock Underperforming the Nasdaq?
• Neutral Sentiment: Industry context: Keurig Dr Pepper’s strategic moves (merger/split) could shift relative valuations across beverage peers, creating comparisons that may influence sentiment toward PEP but are not direct company news. Keurig Dr Pepper’s Split Plan Could Unlock Hidden Value
• Negative Sentiment: Short interest jumped ~25.5% in February to ~29.7M shares (about 2.2% of shares), with a short-interest ratio ~2.6 days — a meaningful rise that can increase volatility and selling pressure if pessimism spreads. (No link available)

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.