Metis Global Partners LLC Has $8.88 Million Stock Position in PepsiCo, Inc. $PEP

Metis Global Partners LLC lowered its position in PepsiCo, Inc. (NASDAQ:PEP) by 4.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 63,253 shares of the company’s stock after selling 3,104 shares during the quarter. Metis Global Partners LLC’s holdings in PepsiCo were worth $8,883,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in PEP. Clayton Financial Group LLC acquired a new stake in shares of PepsiCo during the third quarter worth $872,000. Avantax Advisory Services Inc. raised its holdings in shares of PepsiCo by 2.6% in the second quarter. Avantax Advisory Services Inc. now owns 185,961 shares of the company’s stock valued at $24,554,000 after purchasing an additional 4,627 shares during the last quarter. Family Capital Management Inc. bought a new stake in shares of PepsiCo in the second quarter worth $401,000. Kathmere Capital Management LLC boosted its holdings in PepsiCo by 122.6% during the third quarter. Kathmere Capital Management LLC now owns 20,365 shares of the company’s stock worth $2,860,000 after purchasing an additional 11,217 shares during the last quarter. Finally, Pinnacle Associates Ltd. increased its position in shares of PepsiCo by 9.7% in the second quarter. Pinnacle Associates Ltd. now owns 152,193 shares of the company’s stock valued at $20,096,000 after acquiring an additional 13,517 shares during the last quarter. 73.07% of the stock is owned by institutional investors and hedge funds.

PepsiCo Price Performance

PepsiCo stock opened at $167.20 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 2.06. The company 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. PepsiCo, Inc. has a 12 month low of $127.60 and a 12 month high of $171.48. The business’s 50 day simple moving average is $149.19 and its 200 day simple moving average is $146.93.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings data on Monday, February 2nd. The company reported $2.26 EPS for the quarter, beating analysts’ consensus estimates of $2.24 by $0.02. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The company had revenue of $29.34 billion during the quarter, compared to analyst estimates of $28.96 billion. During the same period last year, the business earned $1.96 earnings per share. PepsiCo’s revenue was up 5.6% compared to the same quarter last year. Sell-side analysts forecast that PepsiCo, Inc. will post 8.3 EPS for the current year.

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

PepsiCo Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research firms recently commented on PEP. Evercore ISI lifted their price target on PepsiCo from $152.00 to $165.00 in a report on Wednesday, February 4th. Citigroup boosted their target price on shares of PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. DZ Bank upgraded shares of PepsiCo from a “hold” rating to a “buy” rating and set a $167.00 price target on the stock in a research note on Tuesday, October 21st. JPMorgan Chase & Co. increased their target price on PepsiCo from $164.00 to $176.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Finally, Wall Street Zen cut PepsiCo from a “buy” rating to a “hold” rating in a report on Saturday, December 27th. Eight investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently 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 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.