Narwhal Capital Management Buys 25,549 Shares of PepsiCo, Inc. $PEP

Narwhal Capital Management raised its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 60.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 67,710 shares of the company’s stock after purchasing an additional 25,549 shares during the period. Narwhal Capital Management’s holdings in PepsiCo were worth $9,509,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Nova Wealth Management Inc. bought a new position in shares of PepsiCo during the 1st quarter valued at approximately $25,000. Evolution Wealth Management Inc. purchased a new position in PepsiCo during the second quarter valued at approximately $27,000. Legend Financial Advisors Inc. bought a new position in shares of PepsiCo in the second quarter worth approximately $29,000. Vermillion & White Wealth Management Group LLC increased its stake in shares of PepsiCo by 107.1% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 234 shares of the company’s stock worth $31,000 after purchasing an additional 121 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC raised its position in shares of PepsiCo by 667.7% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock valued at $33,000 after purchasing an additional 207 shares during the period. Hedge funds and other institutional investors own 73.07% of the company’s stock.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo announced partnerships with Siemens and NVIDIA to deploy AI-powered digital twins and other advanced analytics in plants and warehouses — a move that can lower operating costs, speed expansion planning, and improve supply-chain efficiency over time. PepsiCo teams up with Siemens and NVIDIA on AI and digital twin technology
• Positive Sentiment: Analysts and commentary highlight that PEP’s valuation looks attractive relative to fundamentals — resilient brands and steady international growth underpin a constructive long‑term thesis despite near‑term volume and cost pressures. That framing supports bargain‑hunting demand. PepsiCo’s Stock Valuation Looks Attractive: Buy or Wait for Now?
• Neutral Sentiment: Coverage notes PepsiCo edging higher after a multi‑day decline, reflecting technical bounce and short‑term positioning rather than new fundamental changes. PepsiCo edges higher after six straight declines
• Neutral Sentiment: Several pieces compare PepsiCo to Coca‑Cola and other defensive consumer names for 2026, useful context for investor allocation but not immediate catalysts. Coca‑Cola Vs Pepsi Stock: Which is the Better Investment for 2026?
• Negative Sentiment: Legal risk rose after the FTC unsealed data that has prompted a surge in price‑fixing litigation naming PepsiCo (and Walmart). New suits allege long‑running collusion in categories — potential exposure could increase legal costs, settlements or reputational drag depending on outcomes. PepsiCo and Walmart Face Price-Fixing Litigation Surge After FTC Unseals Data

PepsiCo Price Performance

NASDAQ:PEP opened at $139.91 on Friday. The business’s 50-day moving average is $145.42 and its 200 day moving average is $144.10. PepsiCo, Inc. has a 12 month low of $127.60 and a 12 month high of $160.15. The company has a market capitalization of $191.30 billion, a P/E ratio of 26.60, a P/E/G ratio of 4.57 and a beta of 0.42. The company has a current ratio of 0.91, a quick ratio of 0.72 and a debt-to-equity ratio of 2.26.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings data on Wednesday, October 8th. The company reported $2.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.26 by $0.03. The business had revenue of $23.94 billion for the quarter, compared to the consensus estimate of $23.91 billion. PepsiCo had a return on equity of 57.58% and a net margin of 7.82%.The company’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.31 EPS. On average, equities research analysts forecast that PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year.

PepsiCo Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Friday, December 5th were given a $1.4225 dividend. This represents a $5.69 annualized dividend and a yield of 4.1%. The ex-dividend date was Friday, December 5th. PepsiCo’s payout ratio is currently 108.17%.

Analyst Upgrades and Downgrades

PEP has been the subject of several recent analyst reports. Wall Street Zen downgraded shares of PepsiCo from a “buy” rating to a “hold” rating in a report on Saturday, December 27th. HSBC boosted their price objective on PepsiCo from $145.00 to $152.00 and gave the company a “hold” rating in a research report on Friday, October 10th. Citigroup increased their target price on PepsiCo from $165.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, December 17th. The Goldman Sachs Group lifted their target price on PepsiCo from $165.00 to $167.00 and gave the company a “buy” rating in a research note on Friday, October 10th. Finally, Wells Fargo & Company upped their price target on PepsiCo from $150.00 to $154.00 and gave the stock a “positive” rating in a research note on Friday, October 10th. Eight research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $158.68.

About PepsiCo

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.