Public Sector Pension Investment Board Has $55.81 Million Position in PepsiCo, Inc. $PEP

Public Sector Pension Investment Board increased its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 251.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 397,425 shares of the company’s stock after acquiring an additional 284,447 shares during the quarter. Public Sector Pension Investment Board’s holdings in PepsiCo were worth $55,814,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Three Bridge Wealth Advisors LLC boosted its position in shares of PepsiCo by 1.8% in 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 period. Facet Wealth Inc. raised its stake 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. boosted its holdings in PepsiCo by 1.0% in the 3rd quarter. Hudock Inc. now owns 7,079 shares of the company’s stock valued at $994,000 after purchasing an additional 70 shares during the period. Delta Asset Management LLC TN grew its position in PepsiCo by 0.6% in the 3rd quarter. Delta Asset Management LLC TN now owns 11,000 shares of the company’s stock worth $1,545,000 after purchasing an additional 70 shares during the last quarter. Finally, Westside Investment Management Inc. grew its position in PepsiCo by 2.8% in the 3rd quarter. Westside Investment Management Inc. now owns 2,602 shares of the company’s stock worth $366,000 after purchasing an additional 70 shares during the last quarter. Institutional investors own 73.07% of the company’s stock.

PepsiCo Stock Performance

PepsiCo stock opened at $167.20 on Friday. The firm has a market capitalization of $228.50 billion, a P/E ratio of 27.87, a P/E/G ratio of 3.22 and a beta of 0.40. The stock has a fifty day moving average price of $149.19 and a two-hundred day moving average price of $146.93. PepsiCo, Inc. has a 52-week low of $127.60 and a 52-week high of $171.48. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.85 and a quick ratio of 0.67.

PepsiCo (NASDAQ:PEP) last issued its earnings results on Monday, February 2nd. The company reported $2.26 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 firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.96 EPS. As a group, analysts anticipate that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Dividend Announcement

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

PepsiCo declared that its Board of Directors has initiated 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 buy up to 4.7% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

Several research firms have commented on PEP. UBS Group reaffirmed a “buy” rating and issued a $190.00 price target on shares of PepsiCo in a report on Wednesday, February 4th. Rothschild & Co Redburn boosted their price objective on PepsiCo from $120.00 to $130.00 and gave the company a “sell” rating in a research report on Tuesday. Wells Fargo & Company raised their target price on PepsiCo from $154.00 to $165.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. Evercore lifted their price target on shares of PepsiCo from $152.00 to $165.00 in a research note on Wednesday, February 4th. Finally, Piper Sandler increased their price objective on shares of PepsiCo from $161.00 to $172.00 and gave the company an “overweight” rating in a research note on Tuesday, December 9th. Eight investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, PepsiCo currently has a consensus rating of “Hold” and an average price target of $167.68.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Recent earnings and brand momentum have driven a strong rally (up ~18–19% recently), supporting investor confidence in beverages, snacks and global growth. PepsiCo Up 18% in a Month
• Positive Sentiment: Analyst and buy-side narratives around dividend yield and income appeal have lifted interest in PEP as a dividend/quality play, helping the stock’s momentum this year. I Predicted That PepsiCo’s Dividend Yield Peaked
• Positive Sentiment: Barclays raised its price target after the earnings update (reflecting a post-earnings model tweak), signaling some analyst support even as they kept an Equal Weight stance. Price Target Increased to $160 at Barclays
• Neutral Sentiment: PepsiCo priced a €2.5 billion euro-denominated senior notes offering—a material financing event that is likely refinancing or liquidity-focused; watch maturity and coupon details for balance-sheet impact. PepsiCo Issues €2.5 Billion Senior Notes
• Neutral Sentiment: Macro/sector exposure via ETFs: Invesco’s PBJ ETF commentary highlights PepsiCo as a core, diversified food & beverage holding—useful context for passive flows into the name. After Stalling Out, PBJ May Be Finally Be Ready To Deliver
• Neutral Sentiment: Corporate features on leadership, inclusivity and “operating locally” signal long-term cultural/operational strengths but are unlikely to move the stock near term. How a PepsiCo exec is paving careers for women in supply chains
• Negative Sentiment: PepsiCo announced price cuts on some snack SKUs (reported ~15% on brands like Lay’s/Doritos), which could boost volumes but weigh on gross margins and near-term profitability if not offset by mix or cost savings. Brands like Lay’s, Doritos to get 15% cheaper

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.