Mesirow Financial Investment Management Inc. Has $14.14 Million Stock Position in PepsiCo, Inc. $PEP

Mesirow Financial Investment Management Inc. lessened its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 53.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 100,646 shares of the company’s stock after selling 115,861 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in PepsiCo were worth $14,136,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of PEP. Evolution Wealth Management Inc. acquired a new position in shares of PepsiCo during the 2nd quarter valued at about $27,000. JCIC Asset Management Inc. acquired a new position in PepsiCo during the third quarter valued at approximately $27,000. Vermillion & White Wealth Management Group LLC raised its position in shares of PepsiCo by 107.1% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 234 shares of the company’s stock valued at $31,000 after purchasing an additional 121 shares during the period. Halbert Hargrove Global Advisors LLC lifted its stake in shares of PepsiCo by 667.7% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock worth $33,000 after buying an additional 207 shares during the last quarter. Finally, Manning & Napier Advisors LLC bought a new stake in shares of PepsiCo during the 3rd quarter worth $37,000. 73.07% of the stock is currently owned by institutional investors.

PepsiCo Trading Down 0.2%

Shares of PEP stock opened at $169.17 on Thursday. The company has a market capitalization of $231.20 billion, a P/E ratio of 28.20, a P/E/G ratio of 3.25 and a beta of 0.40. PepsiCo, Inc. has a 12-month low of $127.60 and a 12-month high of $171.48. 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 firm has a 50-day moving average price of $152.36 and a 200 day moving average price of $148.52.

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

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

PepsiCo Dividend Announcement

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

Analyst Ratings Changes

PEP has been the subject of a number of recent analyst reports. Jefferies Financial Group upped 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. Morgan Stanley raised their target price on PepsiCo from $165.00 to $180.00 and gave the company an “equal weight” rating in a report on Wednesday, February 4th. TD Cowen upped 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. Barclays raised their price objective on shares of PepsiCo from $148.00 to $160.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Finally, JPMorgan Chase & Co. increased their price target on shares of PepsiCo from $164.00 to $176.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, PepsiCo presently has a consensus rating of “Hold” and an average price target of $168.00.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo raised its dividend again (4%), extending a multi-decade payout streak — supports income investors and signals confidence in cash flow. PepsiCo raises dividend
• Positive Sentiment: PepsiCo tied regenerative farming research with the National Geographic Society to boost sustainable sourcing for snacks — can lower long-term input risk and support branded-snack growth. PepsiCo ties regenerative farming
• Positive Sentiment: New product collaboration (Jack Link’s x DORITOS® Nacho Cheese beef jerky/meat sticks) expands snack formats and co-branding opportunities in higher-margin snack categories. Jack Link’s and PepsiCo launch
• Positive Sentiment: Multiple reports highlight PepsiCo’s digital/AI scaling (enterprise tech report, Forbes feature) — technology and e‑commerce initiatives could drive efficiency and revenue expansion over time. PepsiCo’s digital/AI blueprint Enterprise Technology Analysis Report
• Positive Sentiment: Proxy suit over animal welfare was halted after PepsiCo relented on the shareholder proposal — removes a near-term governance/legal overhang and reduces activist uncertainty. Animal welfare proxy suit halted
• Neutral Sentiment: PepsiCo is pushing social engagement (TikTok creators) to boost brand relevance with younger consumers — marketing lift matters but is a medium-term play. PepsiCo turns to TikTok stars
• Neutral Sentiment: Industry comparisons: pieces comparing PepsiCo (diversified snacks + beverages) to Coca‑Cola and noting Keurig Dr Pepper’s strategic moves provide valuation and competitive context but aren’t immediate catalysts for PEP. PepsiCo vs. Coca‑Cola Keurig Dr Pepper split plan
• Negative Sentiment: Short interest jumped ~25.5% in February to ~29.7M shares (≈2.2% of float; 2.6 days to cover) — indicates some traders are positioning for downside or disappointed expectations, which can amplify near-term volatility.
• Negative Sentiment: Analyses note PepsiCo has underperformed the Nasdaq over the past year — relative weakness may attract more defensive positioning and weighs on sentiment until growth beats peers. Is PepsiCo underperforming?

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.