PepsiCo, Inc. $PEP Shares Sold by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB cut its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 13.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 168,369 shares of the company’s stock after selling 25,384 shares during the period. Wilmington Savings Fund Society FSB’s holdings in PepsiCo were worth $23,646,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Clayton Financial Group LLC acquired a new stake in PepsiCo during the third quarter worth $872,000. Kathmere Capital Management LLC grew its holdings in shares of PepsiCo by 122.6% during the 3rd 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 period. Invesco Ltd. increased its position in shares of PepsiCo by 11.7% during the 2nd quarter. Invesco Ltd. now owns 12,659,046 shares of the company’s stock worth $1,671,500,000 after purchasing an additional 1,330,888 shares during the last quarter. Mediolanum International Funds Ltd raised its holdings in PepsiCo by 19.3% in the 3rd quarter. Mediolanum International Funds Ltd now owns 252,916 shares of the company’s stock valued at $35,451,000 after buying an additional 40,947 shares during the period. Finally, Townsquare Capital LLC lifted its position in PepsiCo by 96.5% in the third quarter. Townsquare Capital LLC now owns 40,383 shares of the company’s stock valued at $5,671,000 after buying an additional 19,829 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Piper Sandler raised its price target on PepsiCo to $181 (from $172) and kept an Overweight rating, citing pricing power and innovation tailwinds — a clear analyst endorsement that can support the stock. Piper Sandler Stays Bullish
• Positive Sentiment: PepsiCo reached a settlement with activist Elliott Management and is executing an overhaul (cost cuts, ~20% portfolio pruning, supply-chain changes, leadership moves). Activist-driven operational changes often boost investor expectations for margin improvement and shareholder returns. Elliott-Driven Overhaul
• Positive Sentiment: Product expansion: PepsiCo launched “Good Warrior” protein-packed meat sticks, entering a fast-growing snacking category that could expand margins and diversify growth beyond beverages. Good Warrior Launch
• Neutral Sentiment: PepsiCo set the date to release Q1 2026 results on April 16 — a catalyst date for fresh guidance and performance details that could move the stock. Q1 Results Date
• Neutral Sentiment: Comparative analyst/features pieces (e.g., Coca‑Cola vs. PepsiCo) highlight PepsiCo’s faster dividend growth and larger revenue base but note efficiency advantages for Coke — useful framing but not an immediate price driver. Coca‑Cola vs PepsiCo Analysis
• Neutral Sentiment: Legislative note: A proposed bill to extend full SNAP to Puerto Rico (S.3958) could modestly affect beverage/snack demand there over long timeframes — worth monitoring but not immediate. Puerto Rico SNAP Bill
• Negative Sentiment: PepsiCo lost the NBA soft‑drink sponsorship to Coca‑Cola’s Sprite (Starry replaced), a visible branding setback in a key marketing channel that could dent promotional reach and investor sentiment. Sprite NBA Sponsorship
• Negative Sentiment: Shareholder litigation risk: Lowey Dannenberg launched an investigation into potential fiduciary breaches by PepsiCo’s board related to past pricing/antitrust claims — legal and governance risks can weigh on valuation until resolved. Shareholder Investigation

PepsiCo Trading Down 0.8%

NASDAQ PEP opened at $156.50 on Wednesday. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.67 and a current ratio of 0.85. The firm has a market cap of $213.88 billion, a price-to-earnings ratio of 26.08, a PEG ratio of 3.02 and a beta of 0.39. The firm has a 50 day simple moving average of $157.42 and a 200-day simple moving average of $149.84. PepsiCo, Inc. has a one year low of $127.60 and a one year high of $171.48.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Monday, February 2nd. The company reported $2.26 earnings per share 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 firm earned $1.96 EPS. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis. Equities research analysts anticipate that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo declared that its Board of Directors has approved a share buyback program on Tuesday, February 3rd that authorizes the company to buyback $10.00 billion in shares. This buyback authorization authorizes the company to purchase up to 4.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued.

PepsiCo Dividend Announcement

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. The ex-dividend date is Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.6%. PepsiCo’s dividend payout ratio (DPR) is 94.83%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on PEP shares. Wells Fargo & Company lifted their price target on shares of PepsiCo from $154.00 to $165.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. BNP Paribas Exane restated an “outperform” rating on shares of PepsiCo in a report on Wednesday, February 4th. UBS Group reiterated a “buy” rating and issued a $190.00 target price on shares of PepsiCo in a report on Wednesday, February 4th. Weiss Ratings reissued a “hold (c)” rating on shares of PepsiCo in a research report on Friday, January 9th. Finally, Rothschild & Co Redburn raised their price target on PepsiCo from $120.00 to $130.00 and gave the stock a “sell” rating in a research report on Tuesday, February 10th. 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 company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $169.00.

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.