Heritage Investors Management Corp Has $22.21 Million Stake in PepsiCo, Inc. $PEP

Heritage Investors Management Corp increased its stake in PepsiCo, Inc. (NASDAQ:PEP) by 2.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 158,126 shares of the company’s stock after purchasing an additional 4,278 shares during the period. Heritage Investors Management Corp’s holdings in PepsiCo were worth $22,207,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of PEP. Brighton Jones LLC grew its stake in shares of PepsiCo by 12.4% during the 4th quarter. Brighton Jones LLC now owns 59,392 shares of the company’s stock worth $9,031,000 after acquiring an additional 6,574 shares in the last quarter. Caxton Associates LLP bought a new position in PepsiCo in the first quarter valued at $251,000. Sivia Capital Partners LLC increased its stake in PepsiCo by 138.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company’s stock valued at $862,000 after buying an additional 3,790 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its position in PepsiCo by 14.1% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 16,590 shares of the company’s stock worth $2,191,000 after buying an additional 2,046 shares in the last quarter. Finally, Realta Investment Advisors grew its holdings in shares of PepsiCo by 6.7% in the 2nd quarter. Realta Investment Advisors now owns 2,230 shares of the company’s stock valued at $294,000 after acquiring an additional 141 shares in the last quarter. 73.07% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on the company. Loop Capital set a $164.00 price target on PepsiCo in a research report on Thursday, October 23rd. Citigroup increased their price objective on PepsiCo from $165.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, December 17th. Barclays set a $148.00 price target on shares of PepsiCo in a research report on Friday, January 16th. HSBC boosted their price objective on shares of PepsiCo from $145.00 to $152.00 and gave the stock a “hold” rating in a research note on Friday, October 10th. Finally, BNP Paribas Exane upgraded PepsiCo from a “hold” rating to an “outperform” rating and set a $179.00 price target for the company in a report on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $159.29.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Hedgeye added PEP as a long idea, signaling conviction from a noted short/long research shop that could attract momentum-focused buyers. PepsiCo added as a long idea at Hedgeye
• Positive Sentiment: An earnings preview expects higher Q4 profit and revenue as PepsiCo’s turnaround efforts begin to bear fruit — a beat would likely reinforce the rally. PepsiCo Expected to Post Higher 4Q Profit, Revenue as Turnaround Begins to Bear Fruit — Earnings Preview
• Positive Sentiment: PepsiCo is on the earnings calendar (Q4 report due Tuesday), which often increases volume and volatility as investors reposition into or out of the stock. PepsiCo, AMD, Amgen, and more set to report earnings Tuesday
• Positive Sentiment: Analyst commentary and trade ideas (TipRanks, Benzinga) are highlighting PEP as a buy/dividend-income play ahead of earnings, which can support near-term demand. Is Pepsi Stock (PEP) a Buy Ahead of Q4 Earnings?
• Neutral Sentiment: JPMorgan raised its target on Celsius (CELH), citing a PepsiCo partnership as upside for Celsius — a positive indirect signal for PepsiCo’s partnerships strategy but not a direct earnings driver. JPMorgan Raises Celsius Holdings Inc (CELH) Price Target, Sees Earnings Upside From PepsiCo Partnership and Alani Nu Growth
• Neutral Sentiment: Coverage pieces on valuation and leadership moves note restructuring of global operations and management changes — these are strategic positives but their financial impact depends on execution and timing. PepsiCo Leadership Moves And Valuation Signals For NasdaqGS PEP Investors
• Negative Sentiment: Commentary warns that earnings must show the turnaround is gaining traction; any miss or cautious guidance could reverse gains quickly. PepsiCo earnings need to show its turnaround is gaining traction
• Negative Sentiment: A small institutional seller (UMB Bank NA) trimmed its stake — minor on its own but noted by market scanners as a marginal negative. UMB Bank n.a. Sells 3,548 Shares of PepsiCo, Inc. $PEP

PepsiCo Stock Up 1.0%

PepsiCo stock opened at $155.20 on Tuesday. PepsiCo, Inc. has a twelve month low of $127.60 and a twelve month high of $160.15. The stock has a market cap of $212.21 billion, a P/E ratio of 29.51, a P/E/G ratio of 5.05 and a beta of 0.40. The company’s 50-day moving average price is $146.13 and its two-hundred day moving average price is $145.67. The company has a quick ratio of 0.72, a current ratio of 0.91 and a debt-to-equity ratio of 2.26.

PepsiCo Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Friday, December 5th were issued a $1.4225 dividend. This represents a $5.69 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Friday, December 5th. PepsiCo’s dividend payout ratio is currently 108.17%.

PepsiCo 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.