Burling Wealth Partners LLC Has $1.17 Million Stock Holdings in PepsiCo, Inc. $PEP

Burling Wealth Partners LLC decreased its stake in PepsiCo, Inc. (NASDAQ:PEP) by 33.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,322 shares of the company’s stock after selling 4,110 shares during the quarter. Burling Wealth Partners LLC’s holdings in PepsiCo were worth $1,169,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of PEP. Evolution Wealth Management Inc. purchased a new position in PepsiCo during the 2nd quarter worth approximately $27,000. JCIC Asset Management Inc. purchased a new stake in shares of PepsiCo in the third quarter valued at $27,000. Vermillion & White Wealth Management Group LLC grew its holdings in shares of 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 buying an additional 121 shares in the last quarter. Halbert Hargrove Global Advisors LLC raised its position in PepsiCo by 667.7% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock valued at $33,000 after buying an additional 207 shares during the period. Finally, Manning & Napier Advisors LLC purchased a new stake in PepsiCo in the 3rd quarter worth about $37,000. Institutional investors and hedge funds own 73.07% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on PEP shares. Citigroup lifted 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. Wall Street Zen downgraded shares of PepsiCo from a “buy” rating to a “hold” rating in a research report on Saturday, December 27th. Rothschild & Co Redburn increased their target price on shares of PepsiCo from $120.00 to $130.00 and gave the stock a “sell” rating in a research report on Tuesday, February 10th. Evercore upped their price target on shares of PepsiCo from $152.00 to $165.00 in a research note on Wednesday, February 4th. Finally, Loop Capital set a $164.00 price objective on PepsiCo in a research report on Thursday, October 23rd. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $167.83.

PepsiCo Stock Up 1.5%

PEP stock opened at $164.39 on Thursday. The firm has a market cap of $224.66 billion, a PE ratio of 27.40, a PEG ratio of 3.09 and a beta of 0.40. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $171.48. The company has a fifty day simple moving average of $150.65 and a 200 day simple moving average of $147.62. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 2.06.

PepsiCo (NASDAQ:PEP) last posted its earnings results on Monday, February 2nd. The company reported $2.26 EPS for the quarter, topping the consensus estimate of $2.24 by $0.02. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The firm had revenue of $29.34 billion for the quarter, compared to the consensus estimate of $28.96 billion. During the same period in the prior year, the business posted $1.96 earnings per share. The business’s quarterly revenue was up 5.6% on a year-over-year basis. Sell-side analysts anticipate that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 6th will be issued a $1.4225 dividend. This represents a $5.69 annualized dividend and a yield of 3.5%. The ex-dividend date is Friday, March 6th. PepsiCo’s payout ratio is 94.83%.

PepsiCo declared that its board has initiated a share repurchase plan on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization permits the company to repurchase up to 4.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is accelerating innovation in beverages and snacks — national rollout of a prebiotic soda and R&D into fiber/hydration products could support long‑term revenue mix improvement and higher margin innovation. PepsiCo Bets On Prebiotic Cola And Fiber Snacks To Sustain Growth
• Positive Sentiment: Consumers appear to be responding well to recent snack price cuts, which management says are helping demand — that can support volume recovery even if it compresses near‑term margins. PepsiCo Says Consumers Like Price Cuts on Snacks
• Positive Sentiment: Marketing and brand efforts targeting Gen Z — including a creator‑led chips launch — may help refresh the portfolio and boost penetration in younger cohorts. PepsiCo’s first creator-led product launch reimagines chips for Gen Z
• Positive Sentiment: Dividend durability remains a support for the stock — PepsiCo declared and paid its quarterly dividend, continuing a long streak attractive to income investors (PEP yields ~3.4%). Retirees Are Quietly Accumulating This 8% Dividend Grower
• Neutral Sentiment: Management presented at the CAGNY conference — slides and transcript provide detail on strategy and outlook; useful for validating margin, pricing and innovation commentary but not a near‑term earnings shock. CAGNY conference transcript CAGNY slideshow
• Negative Sentiment: Zacks Research cut EPS estimates across multiple quarters and trimmed FY2027 guidance (FY2027 cut from $9.13 to $8.63), lowering several quarterly EPS forecasts — this is the main near‑term negative catalyst as it reduces street expectations and can weigh on forward multiples. (Zacks releases summarized to investors)

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.