Atria Investments Inc Trims Stock Holdings in PepsiCo, Inc. $PEP

Atria Investments Inc reduced its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 9.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,185 shares of the company’s stock after selling 9,931 shares during the quarter. Atria Investments Inc’s holdings in PepsiCo were worth $13,649,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of PEP. Three Bridge Wealth Advisors LLC boosted its holdings 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 worth $544,000 after acquiring an additional 68 shares during the period. Facet Wealth Inc. lifted its holdings in PepsiCo by 3.2% during the 3rd quarter. Facet Wealth Inc. now owns 2,221 shares of the company’s stock worth $312,000 after purchasing an additional 69 shares in the last quarter. Hudock Inc. boosted its stake in PepsiCo by 1.0% in the 3rd quarter. Hudock Inc. now owns 7,079 shares of the company’s stock worth $994,000 after purchasing an additional 70 shares during the period. Delta Asset Management LLC TN grew its holdings in PepsiCo by 0.6% during the 3rd quarter. Delta Asset Management LLC TN now owns 11,000 shares of the company’s stock valued at $1,545,000 after buying an additional 70 shares in the last quarter. Finally, Westside Investment Management Inc. lifted its holdings in shares of PepsiCo by 2.8% in the third quarter. Westside Investment Management Inc. now owns 2,602 shares of the company’s stock worth $366,000 after buying an additional 70 shares in the last quarter. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on PEP. Loop Capital set a $164.00 target price on shares of PepsiCo in a report on Thursday, October 23rd. Morgan Stanley boosted their price target on shares of PepsiCo from $165.00 to $180.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. Evercore ISI lifted their price objective on PepsiCo from $152.00 to $165.00 in a research note on Wednesday, February 4th. DZ Bank upgraded PepsiCo from a “hold” rating to a “buy” rating and set a $167.00 target price for the company in a research report on Tuesday, October 21st. Finally, Wall Street Zen cut PepsiCo from a “buy” rating to a “hold” rating in a report on Saturday, December 27th. Eight research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, PepsiCo has a consensus rating of “Hold” and an average price target of $167.68.

PepsiCo News Summary

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

PepsiCo Stock Performance

NASDAQ PEP opened at $167.20 on Friday. The company has a 50-day simple moving average of $149.19 and a two-hundred day simple moving average of $146.93. PepsiCo, Inc. has a 12-month low of $127.60 and a 12-month high of $171.48. The firm has a market cap of $228.50 billion, a price-to-earnings ratio of 27.87, a PEG ratio of 3.22 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 (NASDAQ:PEP) last released its earnings results on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, beating analysts’ consensus estimates of $2.24 by $0.02. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The company had revenue of $29.34 billion during the quarter, compared to analyst estimates of $28.96 billion. During the same quarter in the previous year, the company posted $1.96 EPS. PepsiCo’s revenue for the quarter was up 5.6% on a year-over-year basis. On average, equities analysts forecast that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo Announces Dividend

The company 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 dividend of $1.4225 per share. This represents a $5.69 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Friday, March 6th. PepsiCo’s dividend payout ratio is currently 94.83%.

PepsiCo declared that its Board of Directors has approved a stock repurchase plan on Tuesday, February 3rd that permits the company to buyback $10.00 billion in shares. This buyback authorization permits the company to purchase up to 4.7% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its stock is undervalued.

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.