Intech Investment Management LLC Sells 15,737 Shares of PepsiCo, Inc. $PEP

Intech Investment Management LLC lessened its stake in PepsiCo, Inc. (NASDAQ:PEP) by 19.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 66,299 shares of the company’s stock after selling 15,737 shares during the period. Intech Investment Management LLC’s holdings in PepsiCo were worth $9,311,000 as of its most recent SEC filing.

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

PepsiCo Price Performance

Shares of PEP stock opened at $167.58 on Friday. The business’s fifty day moving average is $152.72 and its 200 day moving average is $148.65. 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 has a market cap of $229.02 billion, a price-to-earnings ratio of 27.93, a PEG ratio of 3.24 and a beta of 0.40. PepsiCo, Inc. has a twelve month low of $127.60 and a twelve month high of $171.48.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Monday, February 2nd. The company reported $2.26 EPS for the quarter, beating analysts’ consensus estimates of $2.24 by $0.02. The firm had revenue of $29.34 billion for the quarter, compared to analysts’ expectations of $28.96 billion. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The company’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.96 EPS. Research analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

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

PepsiCo Dividend Announcement

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. 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%.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Poppi — PepsiCo’s soda brand Poppi launched in the UK, its first expansion outside the U.S., via production and distribution with bottling partner Carlsberg Britvic; that expands international growth avenues for a branded, better-for-you beverage which can help top-line and brand momentum. poppi lands in the UK
• Positive Sentiment: Dividend appeal — multiple dividend-focused outlets include PepsiCo on lists of yield/ dividend-growth stocks, reinforcing its status as a steady income play and potentially drawing buying from income-oriented investors. Got $10,000? Put It in These Dividend Stocks Now 2 Consumer Dividend Stocks to Buy
• Positive Sentiment: Marketing push — PepsiCo is using TikTok creators to boost social engagement for its brands, a low-cost tactic that can lift short-term awareness and support volume for targeted SKUs. PepsiCo turns to TikTok stars
• Neutral Sentiment: Investor attention and comparisons — Zacks and other outlets note elevated investor search/coverage of PEP and publish comparisons vs. Coca‑Cola on valuation and business mix; these pieces raise debate but don’t immediately change fundamentals. Investors Heavily Search PepsiCo PepsiCo vs. Coca‑Cola
• Neutral Sentiment: Digital/tech profile — a new enterprise technology report highlights PepsiCo’s digital initiatives and e‑commerce opportunities; useful for long-term strategy but not an immediate earnings driver. PepsiCo Enterprise Technology Analysis Report 2025
• Negative Sentiment: Rising short interest — short interest increased ~25.5% in February to roughly 29.7M shares (~2.2% of float), signaling growing bearish bets that can pressure the stock and amplify downside on weak days (short-interest ratio ~2.6 days). (Internal trading data)
• Negative Sentiment: Proxy suit and animal‑welfare dispute — a Bloomberg Law report says a proxy suit was halted after PepsiCo relented on an animal-welfare-related demand; halting the suit reduces legal uncertainty but the fact the company conceded could worry governance-focused investors. PepsiCo animal welfare proxy suit halted

Wall Street Analyst Weigh In

Several research firms recently issued reports on PEP. Piper Sandler raised their target price on PepsiCo from $161.00 to $172.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 9th. Royal Bank Of Canada reissued a “sector perform” rating and set a $156.00 target price on shares of PepsiCo in a research note on Wednesday, February 4th. Argus upgraded PepsiCo to a “hold” rating in a report on Tuesday, February 17th. Evercore lifted their price target on shares of PepsiCo from $152.00 to $165.00 in a report on Wednesday, February 4th. Finally, JPMorgan Chase & Co. upped 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. Eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $168.00.

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.