RWA Wealth Partners LLC Lowers Holdings in PepsiCo, Inc. $PEP

RWA Wealth Partners LLC reduced its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 32.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 157,062 shares of the company’s stock after selling 76,194 shares during the period. RWA Wealth Partners LLC’s holdings in PepsiCo were worth $22,058,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Clayton Financial Group LLC purchased a new stake in PepsiCo during the 3rd quarter worth about $872,000. Pinnacle Associates Ltd. grew its position in shares of PepsiCo by 9.7% during the second quarter. Pinnacle Associates Ltd. now owns 152,193 shares of the company’s stock worth $20,096,000 after buying an additional 13,517 shares in the last quarter. Avantax Advisory Services Inc. increased its stake in shares of PepsiCo by 2.6% during the second quarter. Avantax Advisory Services Inc. now owns 185,961 shares of the company’s stock worth $24,554,000 after buying an additional 4,627 shares during the period. Kathmere Capital Management LLC raised its holdings in PepsiCo by 122.6% in the third quarter. Kathmere Capital Management LLC now owns 20,365 shares of the company’s stock valued at $2,860,000 after acquiring an additional 11,217 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in PepsiCo by 11.7% in the second quarter. Invesco Ltd. now owns 12,659,046 shares of the company’s stock worth $1,671,500,000 after acquiring an additional 1,330,888 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

PepsiCo Stock Up 0.7%

Shares of NASDAQ PEP opened at $169.54 on Wednesday. The business has a 50-day moving average price of $151.97 and a 200 day moving average price of $148.37. The stock has a market cap of $231.70 billion, a PE ratio of 28.26, a price-to-earnings-growth ratio of 3.23 and a beta of 0.40. 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 52-week low of $127.60 and a 52-week high of $171.48.

PepsiCo (NASDAQ:PEP) last released its quarterly 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. The company had revenue of $29.34 billion for the quarter, compared to analyst estimates of $28.96 billion. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The firm’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.96 earnings per share. Equities research analysts forecast that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

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

PepsiCo Announces Dividend

The firm also recently declared 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. The ex-dividend date is Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.4%. PepsiCo’s dividend payout ratio is currently 94.83%.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo raised its dividend again, marking another consecutive annual increase and highlighting its reliable cash-return profile — a key reason income-focused investors favor PEP. PepsiCo raises dividend again to extend legendary streak
• Positive Sentiment: TD Cowen and other outlets have nudged price targets higher (e.g., to $165), reflecting confidence in PepsiCo’s turnaround color and 2026 outlook — analyst support can underpin near-term share strength. TD Cowen Lifts PT on PepsiCo (PEP) to $165 From $162 – Here’s Why
• Positive Sentiment: PepsiCo is pushing into functional snacks and beverages (health-forward formats) as a growth engine beyond traditional categories — this strategic shift could improve margins and address faster-growing consumer segments. Can Functional Snacks and Drinks Power PepsiCo’s Next Leg Up?
• Positive Sentiment: Branded collaborations and NPD (e.g., JACK LINK’S x DORITOS Nacho Cheese beef jerky and new limited-edition flavors) expand snack formats and licensing upside, helping top-line innovation and brand engagement. JACK LINK’S® AND PEPSICO® FOODS LAUNCH DORITOS® NACHO CHEESE FLAVORED BEEF JERKY AND MEAT STICKS
• Neutral Sentiment: PepsiCo tied regenerative farming research (partnering with National Geographic) to its branded snacks strategy — positive for sustainability positioning but a longer‑term, indirect economic impact. PepsiCo Ties Regenerative Farming Push To New Growth In Branded Snacks
• Neutral Sentiment: Valuation write-ups are mixed: some pieces examine whether recent share gains make PEP attractive or expensive today — these analyses may temper momentum if investors conclude shares are fairly priced. Is PepsiCo (PEP) Pricing Look Attractive After Recent Share Price Strength
• Negative Sentiment: PepsiCo has underperformed the Nasdaq over the past year, a reminder that cyclical and growth peers have outpaced PEP — this relative underperformance may limit multiple expansion until growth accelerates. Is PepsiCo Stock Underperforming the Nasdaq?

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. BNP Paribas Exane set a $191.00 price objective on shares of PepsiCo in a research report on Wednesday, February 4th. Weiss Ratings reissued a “hold (c)” rating on shares of PepsiCo in a report on Friday, January 9th. TD Cowen lifted their price target on PepsiCo from $162.00 to $165.00 and gave the stock a “hold” rating in a report on Friday, February 20th. Rothschild & Co Redburn upped their price objective on PepsiCo from $120.00 to $130.00 and gave the stock a “sell” rating in a research report on Tuesday, February 10th. Finally, Jefferies Financial Group raised their target price on PepsiCo from $163.00 to $164.00 and gave the stock a “hold” rating in a research report on Tuesday, December 9th. Eight equities 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’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $168.00.

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.