PepsiCo, Inc. $PEP Holdings Cut by Argent Capital Management LLC

Argent Capital Management LLC cut its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 2.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 133,310 shares of the company’s stock after selling 3,510 shares during the quarter. Argent Capital Management LLC’s holdings in PepsiCo were worth $19,133,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in PEP. Park Avenue Securities LLC lifted its holdings in shares of PepsiCo by 2.6% in the 4th quarter. Park Avenue Securities LLC now owns 38,089 shares of the company’s stock worth $5,466,000 after purchasing an additional 971 shares during the last quarter. Holos Integrated Wealth LLC bought a new position in PepsiCo during the 4th quarter worth $79,000. Miller Global Investments LLC acquired a new stake in PepsiCo in the fourth quarter worth $73,000. Foguth Wealth Management LLC. bought a new stake in PepsiCo in the fourth quarter valued at $264,000. Finally, GAMMA Investing LLC boosted its holdings in shares of PepsiCo by 9.0% during the fourth quarter. GAMMA Investing LLC now owns 49,143 shares of the company’s stock valued at $7,053,000 after acquiring an additional 4,048 shares during the period. 73.07% of the stock is currently owned by institutional investors and hedge funds.

PepsiCo Stock Down 0.5%

Shares of PepsiCo stock opened at $152.74 on Friday. PepsiCo, Inc. has a 12-month low of $127.60 and a 12-month high of $171.48. The firm has a market capitalization of $208.74 billion, a PE ratio of 25.46, a price-to-earnings-growth ratio of 2.94 and a beta of 0.39. The company has a quick ratio of 0.67, a current ratio of 0.85 and a debt-to-equity ratio of 2.06. The stock’s fifty day moving average is $158.02 and its 200-day moving average is $149.89.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.24 by $0.02. The company 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 revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.96 EPS. Equities analysts anticipate that PepsiCo, Inc. will post 8.3 earnings per share 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 paid a dividend of $1.4225 per share. This represents a $5.69 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Friday, March 6th. PepsiCo’s payout ratio is 94.83%.

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

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on PEP. TD Cowen increased their price objective on shares of PepsiCo from $162.00 to $165.00 and gave the stock a “hold” rating in a report on Friday, February 20th. Piper Sandler boosted their target price on shares of PepsiCo from $172.00 to $181.00 and gave the company an “overweight” rating in a research note on Thursday, March 12th. HSBC raised their price target on shares of PepsiCo from $152.00 to $175.00 and gave the company a “hold” rating in a research note on Thursday, February 5th. Evercore lifted their price target on PepsiCo from $152.00 to $165.00 in a report on Wednesday, February 4th. Finally, Rothschild & Co Redburn increased their price objective on PepsiCo from $120.00 to $130.00 and gave the stock a “sell” rating in a report on Tuesday, February 10th. Eight 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 an average target price of $169.00.

PepsiCo News Summary

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 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.