Intech Investment Management LLC Cuts Stake in PepsiCo, Inc. $PEP

Intech Investment Management LLC cut its position in PepsiCo, Inc. (NASDAQ:PEP) by 19.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 66,299 shares of the company’s stock after selling 15,737 shares during the quarter. Intech Investment Management LLC’s holdings in PepsiCo were worth $9,311,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Evolution Wealth Management Inc. bought a new position in PepsiCo in the 2nd quarter valued at approximately $27,000. JCIC Asset Management Inc. purchased a new position in shares of PepsiCo in the third quarter worth $27,000. Vermillion & White Wealth Management Group LLC lifted 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 purchasing an additional 121 shares in the last quarter. Halbert Hargrove Global Advisors LLC boosted its position in shares of 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 last quarter. Finally, Manning & Napier Advisors LLC bought a new stake in PepsiCo in the 3rd quarter worth about $37,000. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on PEP. Evercore upped their target price on shares of PepsiCo from $152.00 to $165.00 in a research note on Wednesday, February 4th. Rothschild & Co Redburn increased their price objective on shares of PepsiCo from $120.00 to $130.00 and gave the company a “sell” rating in a research report on Tuesday, February 10th. Royal Bank Of Canada restated a “sector perform” rating and issued a $156.00 target price on shares of PepsiCo in a report on Wednesday, February 4th. BNP Paribas Exane set a $191.00 target price on shares of PepsiCo in a research note on Wednesday, February 4th. Finally, Citigroup raised their price target on PepsiCo from $170.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Eight equities research 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 data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $168.00.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Poppi — PepsiCo’s soda brand Poppi launched in the UK, its first expansion outside the U.S., via production and distribution with bottling partner Carlsberg Britvic; that expands international growth avenues for a branded, better-for-you beverage which can help top-line and brand momentum. poppi lands in the UK
• Positive Sentiment: Dividend appeal — multiple dividend-focused outlets include PepsiCo on lists of yield/ dividend-growth stocks, reinforcing its status as a steady income play and potentially drawing buying from income-oriented investors. Got $10,000? Put It in These Dividend Stocks Now 2 Consumer Dividend Stocks to Buy
• Positive Sentiment: Marketing push — PepsiCo is using TikTok creators to boost social engagement for its brands, a low-cost tactic that can lift short-term awareness and support volume for targeted SKUs. PepsiCo turns to TikTok stars
• Neutral Sentiment: Investor attention and comparisons — Zacks and other outlets note elevated investor search/coverage of PEP and publish comparisons vs. Coca‑Cola on valuation and business mix; these pieces raise debate but don’t immediately change fundamentals. Investors Heavily Search PepsiCo PepsiCo vs. Coca‑Cola
• Neutral Sentiment: Digital/tech profile — a new enterprise technology report highlights PepsiCo’s digital initiatives and e‑commerce opportunities; useful for long-term strategy but not an immediate earnings driver. PepsiCo Enterprise Technology Analysis Report 2025
• Negative Sentiment: Rising short interest — short interest increased ~25.5% in February to roughly 29.7M shares (~2.2% of float), signaling growing bearish bets that can pressure the stock and amplify downside on weak days (short-interest ratio ~2.6 days). (Internal trading data)
• Negative Sentiment: Proxy suit and animal‑welfare dispute — a Bloomberg Law report says a proxy suit was halted after PepsiCo relented on an animal-welfare-related demand; halting the suit reduces legal uncertainty but the fact the company conceded could worry governance-focused investors. PepsiCo animal welfare proxy suit halted

PepsiCo Stock Down 0.9%

PEP opened at $167.58 on Friday. The firm’s 50 day simple moving average is $152.72 and its two-hundred day simple moving average is $148.65. The company has a market capitalization of $229.02 billion, a PE ratio of 27.93, a PEG ratio of 3.24 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 current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 2.06.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings data on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.24 by $0.02. The firm had revenue of $29.34 billion during the quarter, compared to the consensus estimate 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 quarter in the previous year, the firm posted $1.96 EPS. As a group, equities analysts forecast that PepsiCo, Inc. will post 8.3 EPS for the current year.

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

PepsiCo Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 6th will be paid a $1.4225 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $5.69 annualized dividend and a dividend yield of 3.4%. PepsiCo’s dividend payout ratio (DPR) is 94.83%.

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.