Burling Wealth Partners LLC Sells 4,110 Shares of PepsiCo, Inc. $PEP

Burling Wealth Partners LLC reduced its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 33.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund 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 SEC.

Several other hedge funds have also recently added to or reduced their stakes in PEP. Evolution Wealth Management Inc. bought a new position in PepsiCo during the second quarter worth $27,000. JCIC Asset Management Inc. acquired a new stake in PepsiCo in the 3rd quarter worth $27,000. Vermillion & White Wealth Management Group LLC increased its holdings in shares of PepsiCo by 107.1% during the 2nd 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 during the period. Halbert Hargrove Global Advisors LLC raised 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 acquired a new stake in PepsiCo during the third quarter worth about $37,000. Institutional investors own 73.07% of the company’s stock.

PepsiCo Price Performance

NASDAQ:PEP opened at $164.39 on Thursday. The company has a quick ratio of 0.67, a current ratio of 0.85 and a debt-to-equity ratio of 2.06. The firm has a market cap of $224.66 billion, a PE ratio of 27.40, a price-to-earnings-growth ratio of 3.09 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 company’s 50-day moving average price is $150.65 and its two-hundred day moving average price is $147.62.

PepsiCo (NASDAQ:PEP) last posted its earnings results 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 company had revenue of $29.34 billion during the quarter, compared to analysts’ expectations of $28.96 billion. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. PepsiCo’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.96 earnings per share. On average, equities 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. Shareholders 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 dividend on an annualized basis and a dividend yield of 3.5%. PepsiCo’s payout ratio is currently 94.83%.

PepsiCo announced that its Board of Directors has authorized a share repurchase plan on Tuesday, February 3rd that authorizes the company to repurchase $10.00 billion in shares. This repurchase authorization authorizes the company to buy up to 4.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

A number of analysts have commented on the company. Loop Capital set a $164.00 price objective on PepsiCo in a research report on Thursday, October 23rd. Argus upgraded shares of PepsiCo to a “hold” rating in a research note on Tuesday. JPMorgan Chase & Co. increased their price objective on shares of PepsiCo from $164.00 to $176.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $156.00 target price on shares of PepsiCo in a research note on Wednesday, February 4th. Finally, Evercore lifted their price objective on PepsiCo from $152.00 to $165.00 in a report on Wednesday, February 4th. Eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $167.83.

PepsiCo News Summary

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 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.