Callahan Advisors LLC Purchases 7,399 Shares of PepsiCo, Inc. $PEP

Callahan Advisors LLC raised its position in PepsiCo, Inc. (NASDAQ:PEP) by 5.7% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 137,913 shares of the company’s stock after acquiring an additional 7,399 shares during the period. PepsiCo comprises 1.6% of Callahan Advisors LLC’s portfolio, making the stock its 15th biggest position. Callahan Advisors LLC’s holdings in PepsiCo were worth $19,369,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Avantax Planning Partners Inc. boosted its stake in shares of PepsiCo by 0.9% during the 3rd quarter. Avantax Planning Partners Inc. now owns 56,271 shares of the company’s stock worth $7,903,000 after buying an additional 484 shares during the last quarter. Sage Rhino Capital LLC bought a new stake in PepsiCo during the third quarter worth about $207,000. Sovran Advisors LLC boosted its position in PepsiCo by 120.5% during the third quarter. Sovran Advisors LLC now owns 3,365 shares of the company’s stock valued at $496,000 after purchasing an additional 1,839 shares during the last quarter. Values Added Financial LLC grew its stake in PepsiCo by 3.6% in the third quarter. Values Added Financial LLC now owns 2,544 shares of the company’s stock valued at $357,000 after purchasing an additional 88 shares in the last quarter. Finally, OneAscent Wealth Management LLC increased its position in shares of PepsiCo by 2.3% during the 3rd quarter. OneAscent Wealth Management LLC now owns 5,201 shares of the company’s stock worth $730,000 after purchasing an additional 115 shares during the last quarter. 73.07% of the stock is owned by institutional investors.

PepsiCo Trading Up 0.1%

PEP stock opened at $144.58 on Monday. PepsiCo, Inc. has a 52 week low of $127.60 and a 52 week high of $160.15. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.72 and a current ratio of 0.91. The company’s 50-day simple moving average is $145.75 and its 200 day simple moving average is $145.11. The company has a market capitalization of $197.69 billion, a PE ratio of 27.49, a price-to-earnings-growth ratio of 4.74 and a beta of 0.42.

PepsiCo Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Friday, December 5th were paid a dividend of $1.4225 per share. This represents a $5.69 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Friday, December 5th. PepsiCo’s dividend payout ratio (DPR) is 108.17%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on PEP. HSBC raised their target price on shares of PepsiCo from $145.00 to $152.00 and gave the company a “hold” rating in a research note on Friday, October 10th. The Goldman Sachs Group lifted their price objective on shares of PepsiCo from $165.00 to $167.00 and gave the company a “buy” rating in a research report on Friday, October 10th. Barclays set a $148.00 target price on shares of PepsiCo in a research note on Friday, January 16th. Weiss Ratings reissued a “hold (c)” rating on shares of PepsiCo in a research report on Friday, January 9th. Finally, Wall Street Zen lowered PepsiCo from a “buy” rating to a “hold” rating in a research note on Saturday, December 27th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $159.29.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: JPMorgan upgraded PEP to Overweight after PepsiCo outlined initiatives to boost shareholder returns (capital allocation and buyback/dividend focus). That analyst backing can lift sentiment and reduce perceived execution risk. PepsiCo (PEP) Upgraded to Overweight by JPMorgan
• Positive Sentiment: PepsiCo is doubling down on zero‑sugar products (Pepsi Zero Sugar) to win younger consumers who shun “diet” labels — a strategic repositioning that can protect soda volumes and margins over time as tastes shift. PepsiCo Bets on Zero Sugar
• Neutral Sentiment: PepsiCo India named Savitha Balachandran (formerly of Tata Technologies) as its new CFO — strengthens regional leadership but is unlikely to move global results materially in the near term. PepsiCo India brings in Tata Tech’s Savitha Balachandran as new CFO
• Neutral Sentiment: Analyst/industry pieces compare PepsiCo’s scale and diversification versus niche competitors (e.g., Vita Coco) and versus Coca‑Cola; these help frame long‑term positioning but don’t contain immediate catalysts. PepsiCo vs. Vita Coco: Which Beverage Stock Offers Better Growth? Coca‑Cola vs. PepsiCo: What’s the Better Long‑Term Play?
• Negative Sentiment: Coca‑Cola reclaimed all 625 U.S. Costco food courts after Pepsi’s 12‑year partnership ended — a material distribution loss in a high‑volume channel that could pressure beverage volumes and incremental sales. Coke reclaims all 625 US Costco food courts
• Negative Sentiment: Headline market coverage notes PEP underperformed peers and the broader market (including pieces reporting the stock “sank” while the market gained) — short‑term weakness reflecting rotation and competitive concerns. PepsiCo Inc. stock underperforms PepsiCo (PEP) Stock Sinks As Market Gains

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.