Meiji Yasuda Asset Management Co Ltd. Sells 4,671 Shares of PepsiCo, Inc. $PEP

Meiji Yasuda Asset Management Co Ltd. trimmed its position in PepsiCo, Inc. (NASDAQ:PEP) by 4.0% in the third quarter, HoldingsChannel.com reports. The firm owned 110,800 shares of the company’s stock after selling 4,671 shares during the period. PepsiCo comprises 0.7% of Meiji Yasuda Asset Management Co Ltd.’s investment portfolio, making the stock its 25th largest holding. Meiji Yasuda Asset Management Co Ltd.’s holdings in PepsiCo were worth $15,561,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC boosted its position in shares of PepsiCo by 12.4% during the 4th quarter. Brighton Jones LLC now owns 59,392 shares of the company’s stock valued at $9,031,000 after acquiring an additional 6,574 shares in the last quarter. Caxton Associates LLP bought a new position in PepsiCo during the first quarter worth about $251,000. Sivia Capital Partners LLC boosted its holdings in PepsiCo by 138.5% during the second quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company’s stock valued at $862,000 after purchasing an additional 3,790 shares in the last quarter. Schnieders Capital Management LLC. grew its stake in shares of PepsiCo by 10.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company’s stock valued at $5,039,000 after purchasing an additional 3,502 shares during the period. Finally, Savant Capital LLC raised its holdings in shares of PepsiCo by 27.7% in the 2nd quarter. Savant Capital LLC now owns 127,715 shares of the company’s stock worth $16,864,000 after buying an additional 27,721 shares in the last quarter. Institutional investors own 73.07% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Citigroup boosted their price target on PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Rothschild & Co Redburn lifted their price objective on PepsiCo from $120.00 to $130.00 and gave the company a “sell” rating in a report on Tuesday, February 10th. Barclays upped their target price on shares of PepsiCo from $148.00 to $160.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. TD Cowen lifted their price target on shares of PepsiCo from $162.00 to $165.00 and gave the company a “hold” rating in a report on Friday, February 20th. Finally, Evercore upped their price objective on shares of PepsiCo from $152.00 to $165.00 in a research note on Wednesday, February 4th. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $168.50.

PepsiCo Price Performance

Shares of PEP stock opened at $159.43 on Friday. The stock’s fifty day moving average is $155.04 and its 200-day moving average is $149.30. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.67 and a current ratio of 0.85. PepsiCo, Inc. has a 52 week low of $127.60 and a 52 week high of $171.48. The stock has a market capitalization of $217.89 billion, a PE ratio of 26.57, a PEG ratio of 3.06 and a beta of 0.39.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.24 by $0.02. The business had revenue of $29.34 billion for the quarter, compared to the consensus estimate of $28.96 billion. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.96 EPS. Equities research analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The business also recently declared 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 of this dividend is Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a dividend yield of 3.6%. PepsiCo’s dividend payout ratio (DPR) is currently 94.83%.

PepsiCo announced that its board has authorized a share repurchase program on Tuesday, February 3rd that permits the company to buyback $10.00 billion in shares. This buyback authorization permits the company to reacquire up to 4.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Product innovation and brand initiatives support long?term growth — PepsiCo is rolling out Gatorade Lower Sugar nationwide, expanding poppi into the U.K., and using pop?culture tie?ins for bubly, signalling renewed focus on higher?growth, “better?for?you” beverage categories that can help revenue/margin mix over time. PepsiCo Leans On Health Drinks And Pop Culture As Shares Lag Targets
• Positive Sentiment: Quarterly results and underlying sales growth remain supportive — post?Q4 coverage discusses the modest EPS beat and revenue growth, reinforcing the company’s steady cash generation and dividend/ buyback capacity. This underpins investor confidence in the defensive consumer staple story. PepsiCo (PEP): Buy, sell, or hold post Q4 earnings?
• Positive Sentiment: Large bullish options activity suggests some traders expect a rally — unusually high call buying (vastly above average daily volume) can indicate speculative or hedged bullish interest that may fuel upward momentum if fundamentals or sentiment improve. (Note: internal market data)
• Neutral Sentiment: Income appeal remains a structural tailwind — dividend?focused publications continue to highlight PepsiCo as a holding for yield/defensive exposure amid macro uncertainty, which can support the share price over time even if near?term volatility occurs. The NASDAQ Dividend Stocks Retirees Are Loading Up On Before The Next Rate Cut
• Neutral Sentiment: Sector re?rating conversations persist — consumer?staples roundups list PepsiCo among stable dividend names; useful for longer?term allocation but unlikely to trigger sharp immediate moves absent new data. 5 Consumer-Staples Stocks to Buy as the Market Gets Shakier
• Neutral Sentiment: Short interest update — recent reporting on short interest provides data investors watch for squeeze/pressure dynamics but by itself doesn’t change fundamentals. PepsiCo, Inc. (NASDAQ:PEP) Short Interest Update
• Negative Sentiment: Legal/investor?litigation headline increases risk premium — a new investor alert around possible breaches of fiduciary duty draws attention to governance/legal risk that can pressure sentiment and valuation. PEPSICO, INC. INVESTOR ALERT: Scott+Scott … Investigates PepsiCo, Inc.’s Directors and Officers
• Negative Sentiment: Near?term analyst/market skepticism — coverage noting that shares are “lagging targets” and articles flagging the stock among “unpopular” names highlight downward analyst pressure and sentiment risk, which can drive short?term selling. 3 Unpopular Stocks with Open Questions
• Negative Sentiment: Price underperformance versus the market — headlines documenting a recent intraday dip show immediate selling pressure; combined with low average volume today, this can amplify moves on negative news. PepsiCo (PEP) Dips More Than Broader Market: What You Should Know

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.