DNB Asset Management AS Decreases Position in PepsiCo, Inc. $PEP

DNB Asset Management AS decreased its stake in PepsiCo, Inc. (NASDAQ:PEP) by 5.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 754,955 shares of the company’s stock after selling 41,510 shares during the quarter. DNB Asset Management AS owned about 0.06% of PepsiCo worth $106,026,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Three Bridge Wealth Advisors LLC increased its position in PepsiCo by 1.8% during the third quarter. Three Bridge Wealth Advisors LLC now owns 3,870 shares of the company’s stock valued at $544,000 after acquiring an additional 68 shares during the last quarter. Facet Wealth Inc. grew its holdings in PepsiCo by 3.2% during the 3rd quarter. Facet Wealth Inc. now owns 2,221 shares of the company’s stock valued at $312,000 after purchasing an additional 69 shares during the last quarter. Hudock Inc. raised its position in PepsiCo by 1.0% in the 3rd quarter. Hudock Inc. now owns 7,079 shares of the company’s stock worth $994,000 after purchasing an additional 70 shares during the period. Delta Asset Management LLC TN boosted its position in shares of PepsiCo by 0.6% during the third quarter. Delta Asset Management LLC TN now owns 11,000 shares of the company’s stock valued at $1,545,000 after buying an additional 70 shares during the period. Finally, Westside Investment Management Inc. grew its stake in shares of PepsiCo by 2.8% during the third quarter. Westside Investment Management Inc. now owns 2,602 shares of the company’s stock valued at $366,000 after buying an additional 70 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Analyst Ratings Changes

PEP has been the subject of a number of research analyst reports. TD Cowen raised their price target on PepsiCo from $162.00 to $165.00 and gave the stock a “hold” rating in a research note on Friday, February 20th. Rothschild & Co Redburn lifted their target price on PepsiCo from $120.00 to $130.00 and gave the stock a “sell” rating in a research report on Tuesday, February 10th. Evercore upped their price target on shares of PepsiCo from $152.00 to $165.00 in a report on Wednesday, February 4th. HSBC lifted their price objective on shares of PepsiCo from $152.00 to $175.00 and gave the company a “hold” rating in a report on Thursday, February 5th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $156.00 target price on shares of PepsiCo in a research report on Wednesday, February 4th. Eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, PepsiCo currently has a consensus rating of “Hold” and a consensus target price of $168.00.

PepsiCo Trading Down 0.9%

NASDAQ PEP opened at $167.58 on Friday. The company’s 50-day simple moving average is $152.72 and its two-hundred day simple moving average is $148.65. PepsiCo, Inc. has a one year low of $127.60 and a one year high of $171.48. The company has a market capitalization of $229.02 billion, a price-to-earnings ratio of 27.93, a price-to-earnings-growth ratio of 3.24 and a beta of 0.40. 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 (NASDAQ:PEP) last released its quarterly earnings data on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.24 by $0.02. The firm had revenue of $29.34 billion for the quarter, compared to the consensus estimate of $28.96 billion. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The company’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period last year, the firm earned $1.96 earnings per share. Equities analysts forecast that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo announced that its board has authorized a share repurchase plan on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization permits the company to purchase up to 4.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

PepsiCo Dividend Announcement

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

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Poppi — PepsiCo’s soda brand Poppi launched in the UK, its first expansion outside the U.S., via production and distribution with bottling partner Carlsberg Britvic; that expands international growth avenues for a branded, better-for-you beverage which can help top-line and brand momentum. poppi lands in the UK
• Positive Sentiment: Dividend appeal — multiple dividend-focused outlets include PepsiCo on lists of yield/ dividend-growth stocks, reinforcing its status as a steady income play and potentially drawing buying from income-oriented investors. Got $10,000? Put It in These Dividend Stocks Now 2 Consumer Dividend Stocks to Buy
• Positive Sentiment: Marketing push — PepsiCo is using TikTok creators to boost social engagement for its brands, a low-cost tactic that can lift short-term awareness and support volume for targeted SKUs. PepsiCo turns to TikTok stars
• Neutral Sentiment: Investor attention and comparisons — Zacks and other outlets note elevated investor search/coverage of PEP and publish comparisons vs. Coca‑Cola on valuation and business mix; these pieces raise debate but don’t immediately change fundamentals. Investors Heavily Search PepsiCo PepsiCo vs. Coca‑Cola
• Neutral Sentiment: Digital/tech profile — a new enterprise technology report highlights PepsiCo’s digital initiatives and e‑commerce opportunities; useful for long-term strategy but not an immediate earnings driver. PepsiCo Enterprise Technology Analysis Report 2025
• Negative Sentiment: Rising short interest — short interest increased ~25.5% in February to roughly 29.7M shares (~2.2% of float), signaling growing bearish bets that can pressure the stock and amplify downside on weak days (short-interest ratio ~2.6 days). (Internal trading data)
• Negative Sentiment: Proxy suit and animal‑welfare dispute — a Bloomberg Law report says a proxy suit was halted after PepsiCo relented on an animal-welfare-related demand; halting the suit reduces legal uncertainty but the fact the company conceded could worry governance-focused investors. PepsiCo animal welfare proxy suit halted

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.