Fox Run Management L.L.C. Takes Position in PepsiCo, Inc. $PEP

Fox Run Management L.L.C. purchased a new position in shares of PepsiCo, Inc. (NASDAQ:PEP) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,523 shares of the company’s stock, valued at approximately $1,057,000.

Other large investors have also bought and sold shares of the company. Norges Bank purchased a new stake in shares of PepsiCo in the second quarter valued at about $2,330,594,000. Laurel Wealth Advisors LLC grew its position in PepsiCo by 14,420.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,890,688 shares of the company’s stock worth $513,726,000 after purchasing an additional 3,863,893 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in PepsiCo by 9.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 29,031,404 shares of the company’s stock worth $3,833,406,000 after purchasing an additional 2,556,163 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of PepsiCo by 19.5% during the 2nd quarter. Franklin Resources Inc. now owns 15,577,073 shares of the company’s stock worth $2,056,797,000 after buying an additional 2,541,455 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of PepsiCo by 112.6% in the 2nd quarter. First Trust Advisors LP now owns 4,040,079 shares of the company’s stock worth $533,452,000 after buying an additional 2,139,847 shares during the last quarter. 73.07% of the stock is currently owned by institutional investors.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo raised its dividend (another increase in its long streak), reinforcing its income appeal and defensive positioning for yield-focused investors. PepsiCo raises dividend again to extend legendary streak
• Positive Sentiment: New product and sustainability moves — a branded Jack Link’s x Doritos jerky launch plus a regenerative agriculture partnership with National Geographic — diversify the snack portfolio and support premium/sustainable positioning in snacks. JACK LINK’S® AND PEPSICO® FOODS LAUNCH DORITOS® NACHO CHEESE FLAVORED BEEF JERKY AND MEAT STICKS PepsiCo Ties Regenerative Farming Push To New Growth In Branded Snacks
• Positive Sentiment: Ongoing digital/AI and enterprise tech investments (coverage by Forbes and a ResearchAndMarkets profile) highlight initiatives that could improve margins, route-to-consumer, and e‑commerce expansion over time. PepsiCo’s Blueprint: How Scaling Digital Platforms Creates An AI Edge PepsiCo Enterprise Technology Analysis Report 2025
• Neutral Sentiment: Analyst/peer comparisons: coverage contrasting PepsiCo’s diversified snacks+drinks model with Coca‑Cola’s pure-play beverage model highlights different valuation and growth tradeoffs — useful for relative-value positioning but not an immediate catalyst. PepsiCo vs. Coca-Cola: Which Beverage Giant Wins the Cola War?
• Neutral Sentiment: Coverage noting PEP’s underperformance vs. the Nasdaq over the past year is prompting discussion about upside potential versus cyclical headwinds; analysts remain moderately bullish overall. Is PepsiCo Stock Underperforming the Nasdaq? Is PepsiCo Stock Underperforming the Nasdaq?
• Neutral Sentiment: Industry context: Keurig Dr Pepper’s strategic moves (merger/split) could shift relative valuations across beverage peers, creating comparisons that may influence sentiment toward PEP but are not direct company news. Keurig Dr Pepper’s Split Plan Could Unlock Hidden Value
• Negative Sentiment: Short interest jumped ~25.5% in February to ~29.7M shares (about 2.2% of shares), with a short-interest ratio ~2.6 days — a meaningful rise that can increase volatility and selling pressure if pessimism spreads. (No link available)

Wall Street Analyst Weigh In

PEP has been the subject of a number of research analyst reports. Morgan Stanley increased their price target on PepsiCo from $165.00 to $180.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. TD Cowen raised their target price on PepsiCo from $162.00 to $165.00 and gave the company a “hold” rating in a research report on Friday, February 20th. Wells Fargo & Company boosted their price target on shares of PepsiCo from $154.00 to $165.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. Piper Sandler raised their price objective on shares of PepsiCo from $161.00 to $172.00 and gave the stock an “overweight” rating in a report on Tuesday, December 9th. Finally, Evercore lifted their price objective on shares of PepsiCo from $152.00 to $165.00 in a research report on Wednesday, February 4th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $168.00.

PepsiCo Trading Down 0.2%

Shares of PEP opened at $169.17 on Thursday. The firm has a market cap of $231.20 billion, a P/E ratio of 28.20, a price-to-earnings-growth ratio of 3.25 and a beta of 0.40. PepsiCo, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $171.48. 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 business has a 50-day moving average of $152.36 and a 200 day moving average of $148.52.

PepsiCo (NASDAQ:PEP) last posted 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 during the quarter, compared to the consensus estimate of $28.96 billion. During the same quarter last year, the company earned $1.96 earnings per share. The company’s revenue was up 5.6% on a year-over-year basis. As a group, research analysts forecast that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 6th will be issued a dividend of $1.4225 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.4%. PepsiCo’s payout ratio is presently 94.83%.

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

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.