PepsiCo, Inc. $PEP Shares Acquired by CWA Asset Management Group LLC

CWA Asset Management Group LLC increased its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 49.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,388 shares of the company’s stock after purchasing an additional 4,430 shares during the quarter. CWA Asset Management Group LLC’s holdings in PepsiCo were worth $1,921,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Evolution Wealth Management Inc. purchased a new stake in shares of PepsiCo during the 2nd quarter worth approximately $27,000. JCIC Asset Management Inc. purchased a new position in shares of PepsiCo in the 3rd quarter valued at $27,000. Vermillion & White Wealth Management Group LLC grew its position in shares of PepsiCo by 107.1% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 234 shares of the company’s stock valued at $31,000 after buying an additional 121 shares during the last quarter. Imprint Wealth LLC acquired a new stake in PepsiCo during the 3rd quarter worth $31,000. Finally, Halbert Hargrove Global Advisors LLC lifted its position in 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 last quarter. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

PEP has been the topic of several research reports. JPMorgan Chase & Co. raised their price objective on PepsiCo from $164.00 to $176.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. HSBC upped their target price on PepsiCo from $152.00 to $175.00 and gave the company a “hold” rating in a research report on Thursday, February 5th. Barclays lifted their price target on PepsiCo from $148.00 to $160.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. BNP Paribas Exane set a $191.00 price objective on PepsiCo in a research note on Wednesday, February 4th. Finally, Argus upgraded shares of PepsiCo to a “hold” rating in a research report on Tuesday, February 17th. Eight investment 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. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $169.00.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo announced it met two key 2025 water goals early under its pep+ (PepsiCo Positive) program — 100% water replenishment and adoption of the Alliance for Water Stewardship (AWS) standard at company‑owned sites in high water‑risk areas. This reduces regulatory and reputational risk and supports ESG-focused investor demand. PepsiCo Hits Dual Water Milestones
• Positive Sentiment: Pepsi unveiled “Pepsi Football Nation,” a global marketing platform aimed at extending brand engagement beyond match time — a consumer-facing push that can drive short-term promo lift and long-term brand equity. Pepsi® Global Unveils Pepsi Football Nation
• Positive Sentiment: PepsiCo Foods is entering a new snack category with a product launch, expanding its snack portfolio and revenue diversification outside beverages. New SKUs and category expansion can accelerate growth if distribution and margins track plan. PepsiCo Foods Is Entering an All-New Snack Category
• Positive Sentiment: PepsiCo was named exclusive beverage supplier for Venu Holding’s expanding Sunset Amphitheater network — a new out‑of‑home distribution channel that partially offsets recent losses in other sponsorships and extends experiential sales. PepsiCo Leans On Sunset Amphitheaters To Extend Live Event Reach
• Positive Sentiment: PepsiCo India is scaling green logistics through a new EV corridor and fleet electrification, which can lower fuel costs and carbon footprint over time in a large market. PepsiCo India scales green logistics with new EV corridor
• Positive Sentiment: PepsiCo is advancing product reformulation and a functional‑protein strategy to compete in higher‑growth, health‑oriented segments — a product R&D move that supports margin and premiumization over time. ‘Not all proteins are created equal’
• Positive Sentiment: Third‑party brands (notably Celsius) continue to expand distribution with PepsiCo in North America and overseas, bolstering PepsiCo’s energy/functional beverage mix and category exposure. This is a potential incremental revenue stream if distribution scales. Global Demand for This Consumer Staples Stock May Be About To Soar
• Neutral Sentiment: Industry funding for food startups has cooled; PepsiCo still views startups as “critical” for innovation, but slower VC activity could slow external product pipeline opportunities or change deal economics. After funding collapse, what’s next for food startups?
• Neutral Sentiment: Coverage of Celsius’ brand growth (CEO interview) underscores partner brands’ momentum but is indirect to PepsiCo’s core P&L; relevant mainly to beverage distribution strategy. Celsius CEO talks energy drink brand’s growth

PepsiCo Trading Down 1.8%

NASDAQ PEP opened at $150.04 on Monday. 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 capitalization of $205.05 billion, a P/E ratio of 25.01, a P/E/G ratio of 2.88 and a beta of 0.39. PepsiCo, Inc. has a 52-week low of $127.60 and a 52-week high of $171.48. The firm has a 50-day moving average price of $158.22 and a 200 day moving average price of $149.90.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings data 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 for the quarter, compared to analyst estimates of $28.96 billion. During the same quarter in the previous year, the company earned $1.96 EPS. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. Equities research analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo Dividend Announcement

The firm also recently disclosed 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 3.8%. The ex-dividend date of this dividend is Friday, March 6th. PepsiCo’s dividend payout ratio is currently 94.83%.

PepsiCo announced that its Board of Directors has approved a stock repurchase program on Tuesday, February 3rd that authorizes the company to buyback $10.00 billion in outstanding shares. This buyback authorization authorizes the company to purchase up to 4.7% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its shares are undervalued.

PepsiCo Company 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.