PepsiCo, Inc. $PEP Shares Bought by Allworth Financial LP

Allworth Financial LP lifted its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 6.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 80,416 shares of the company’s stock after acquiring an additional 4,978 shares during the quarter. Allworth Financial LP’s holdings in PepsiCo were worth $11,294,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in PepsiCo during the 2nd quarter worth approximately $2,330,594,000. Laurel Wealth Advisors LLC lifted its holdings in shares of PepsiCo by 14,420.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,890,688 shares of the company’s stock valued at $513,726,000 after buying an additional 3,863,893 shares during the period. AQR Capital Management LLC boosted its stake in shares of PepsiCo by 120.7% in the third quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock valued at $830,902,000 after buying an additional 3,235,726 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in PepsiCo by 9.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 29,031,404 shares of the company’s stock worth $3,833,406,000 after acquiring an additional 2,556,163 shares during the period. Finally, Franklin Resources Inc. raised its position in PepsiCo by 19.5% in the second quarter. Franklin Resources Inc. now owns 15,577,073 shares of the company’s stock worth $2,056,797,000 after acquiring an additional 2,541,455 shares in the last quarter. 73.07% of the stock is owned by hedge funds and other institutional investors.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Piper Sandler reiterated an Overweight thesis and raised its price target, citing pricing power and innovation tailwinds — an analyst vote of confidence that can support the stock. Piper Sandler Stays Bullish on PepsiCo (PEP), Cites Pricing and Innovation Tailwinds
• Positive Sentiment: PepsiCo announced it met 2025 pep+ water goals — 100% water replenishment and adoption of the AWS standard at company sites in high‑risk areas — strengthening its ESG credentials and reducing regulatory/operational risk. PepsiCo Hits Dual Water Milestones
• Positive Sentiment: New product expansion: PepsiCo Foods is entering a new snack category, which could drive incremental revenue and demonstrate continued innovation in higher-margin snacking. PepsiCo Foods Is Entering an All-New Snack Category With Its Latest Launch
• Positive Sentiment: Partnerships to extend out‑of‑home reach: PepsiCo was named official beverage partner for Venu’s Sunset Amphitheater portfolio, opening experiential and venue sales channels after the NBA sponsorship loss. PepsiCo Named Official Beverage Partner of VENU’s Premium Sunset Amphitheater Portfolio
• Neutral Sentiment: R&D focus on functional ingredients and protein reformulation highlights long‑term product innovation but is a longer‑horizon growth driver rather than an immediate earnings catalyst. ‘Not all proteins are created equal’: Inside PepsiCo’s approach to functional ingredients
• Neutral Sentiment: PepsiCo India rolled out an EV green corridor to cut supply‑chain emissions—positive for cost and ESG over time but not a near‑term earnings driver. PepsiCo India expands green logistics with Kosi-Pataudi EV corridor
• Negative Sentiment: Brand/sponsorship setback: Coca‑Cola’s Sprite reclaimed the NBA soft‑drink sponsorship from PepsiCo’s Starry, a visible marketing loss that may concern investors about competitive positioning in key sports marketing channels. Coke’s Sprite Takes Back NBA Sponsorship From PepsiCo’s Starry
• Negative Sentiment: Activist-driven overhaul and governance risks: coverage highlights Elliott’s influence, portfolio cuts, cost‑reduction moves and an antitrust-related fiduciary probe — short‑term uncertainty and potential execution risk that can pressure the stock. How Elliott-Driven Overhaul and Health Push Could Reshape PepsiCo’s (PEP) Long-Term Investment Story

PepsiCo Stock Performance

NASDAQ PEP opened at $152.74 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.85 and a debt-to-equity ratio of 2.06. PepsiCo, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $171.48. The business has a fifty day moving average of $158.02 and a 200-day moving average of $149.89. The stock has a market cap of $208.74 billion, a price-to-earnings ratio of 25.46, a price-to-earnings-growth ratio of 2.94 and a beta of 0.39.

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

PepsiCo Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders 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 dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, March 6th. PepsiCo’s payout ratio is currently 94.83%.

PepsiCo declared that its Board of Directors has authorized a stock buyback plan on Tuesday, February 3rd that allows the company to repurchase $10.00 billion in shares. This repurchase authorization allows the company to repurchase 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 stock is undervalued.

Analysts Set New Price Targets

Several equities research analysts have commented on PEP shares. Wall Street Zen upgraded shares of PepsiCo from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Jefferies Financial Group increased their price target on shares of PepsiCo from $163.00 to $164.00 and gave the company a “hold” rating in a report on Tuesday, December 9th. JPMorgan Chase & Co. boosted their price objective on shares of PepsiCo from $164.00 to $176.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Morgan Stanley upped their target price on shares of PepsiCo from $165.00 to $180.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of PepsiCo in a research report on Friday, January 9th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, PepsiCo currently has a consensus rating of “Hold” and an average price target of $169.00.

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.