Dakota Wealth Management Sells 4,582 Shares of PepsiCo, Inc. $PEP

Dakota Wealth Management lessened its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 8.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,102 shares of the company’s stock after selling 4,582 shares during the quarter. Dakota Wealth Management’s holdings in PepsiCo were worth $7,317,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Evolution Wealth Management Inc. purchased a new position in PepsiCo during the 2nd quarter valued at about $27,000. JCIC Asset Management Inc. bought a new position in shares of PepsiCo in the 3rd quarter worth $27,000. Vermillion & White Wealth Management Group LLC raised its position in PepsiCo by 107.1% during 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 in the last quarter. Halbert Hargrove Global Advisors LLC lifted its position in PepsiCo by 667.7% in the 3rd 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 in the 3rd quarter worth approximately $37,000. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

PepsiCo Stock Up 0.7%

NASDAQ PEP opened at $169.54 on Wednesday. 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. The company has a market capitalization of $231.70 billion, a P/E ratio of 28.26, a price-to-earnings-growth ratio of 3.23 and a beta of 0.40. The stock’s 50-day moving average price is $151.97 and its 200-day moving average price is $148.37.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings data on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.24 by $0.02. The firm had revenue of $29.34 billion during 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 revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.96 earnings per share. On average, equities research analysts predict that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo declared that its board has authorized 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 buy up to 4.7% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

PepsiCo Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 6th will be paid a $1.4225 dividend. This represents a $5.69 annualized dividend and a yield of 3.4%. The ex-dividend date is Friday, March 6th. PepsiCo’s dividend payout ratio is presently 94.83%.

Key Stories Impacting PepsiCo

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?

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on PEP. Citigroup boosted their target price on PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Argus raised shares of PepsiCo to a “hold” rating in a research note on Tuesday, February 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PepsiCo in a research note on Friday, January 9th. Evercore raised their target price on shares of PepsiCo from $152.00 to $165.00 in a research note on Wednesday, February 4th. Finally, Wells Fargo & Company lifted their price target on PepsiCo from $154.00 to $165.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, PepsiCo has a consensus rating of “Hold” and a consensus 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.