Picton Mahoney Asset Management Takes $4.07 Million Position in PepsiCo, Inc. $PEP

Picton Mahoney Asset Management acquired 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 SEC. The fund acquired 28,990 shares of the company’s stock, valued at approximately $4,072,000.

Other institutional investors also recently bought and sold shares of the company. Three Bridge Wealth Advisors LLC grew its stake in PepsiCo by 1.8% during the 3rd quarter. Three Bridge Wealth Advisors LLC now owns 3,870 shares of the company’s stock worth $544,000 after buying an additional 68 shares during the last quarter. Facet Wealth Inc. grew its stake in shares of PepsiCo by 3.2% during the third quarter. Facet Wealth Inc. now owns 2,221 shares of the company’s stock worth $312,000 after acquiring an additional 69 shares during the last quarter. Hudock Inc. increased its holdings in shares of PepsiCo by 1.0% during the third quarter. Hudock Inc. now owns 7,079 shares of the company’s stock valued at $994,000 after acquiring an additional 70 shares in the last quarter. Delta Asset Management LLC TN raised its position in shares of PepsiCo by 0.6% in the 3rd quarter. Delta Asset Management LLC TN now owns 11,000 shares of the company’s stock valued at $1,545,000 after purchasing an additional 70 shares during the last quarter. Finally, Westside Investment Management Inc. boosted its stake in PepsiCo by 2.8% in the 3rd quarter. Westside Investment Management Inc. now owns 2,602 shares of the company’s stock worth $366,000 after purchasing an additional 70 shares in the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Unusual bullish options activity: traders bought roughly 207,631 PEP call options (a ~680% rise vs. average daily call volume), signaling heavy short?term bullish/speculative interest that can amplify intraday buying or hedging flows.
• Positive Sentiment: Product innovation — Gatorade launched “Gatorade Lower Sugar” (75% less sugar, no artificial flavors/sweeteners/colors), a nationwide rollout that targets health?conscious consumers and could support beverage volume over time. GATORADE LOWER SUGAR BRINGS A NEW ERA OF HYDRATION WITH NO ARTIFICIAL FLAVORS, SWEETENERS OR COLORS AND 75% LESS SUGAR THAN GATORADE THIRST QUENCHER
• Positive Sentiment: Analyst/media endorsements for defensive income: PepsiCo is featured in recent lists of consumer?staples/dividend stocks (e.g., “Top Dividend Aristocrats” and “Consumer?Staples Stocks to Buy”), which can attract income investors during market volatility and support the share price. Top 3 Dividend Aristocrat Stocks to Buy for Strong Returns in 2026
• Neutral Sentiment: Short interest update was published (AmericanBankingNews). Depending on whether short interest rose or fell, this could modestly affect near?term volatility; the report itself is informational until it shows a clear trend. PepsiCo, Inc. (NASDAQ:PEP) Short Interest Update
• Negative Sentiment: Litigation/investor?alert: Scott+Scott attorneys announced an investigation into PepsiCo’s directors and officers for alleged breach of fiduciary duties — a headline that can weigh on sentiment, raise governance concerns, and create legal/settlement risk. PEPSICO, INC. INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates PepsiCo, Inc.’s Directors and Officers for Breach of Fiduciary Duties — PEP

PepsiCo Stock Performance

Shares of PEP stock opened at $160.70 on Friday. PepsiCo, Inc. has a 52-week low of $127.60 and a 52-week high of $171.48. 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 stock has a market cap of $219.62 billion, a PE ratio of 26.78, a price-to-earnings-growth ratio of 3.14 and a beta of 0.39. The business has a 50-day simple moving average of $154.73 and a 200-day simple moving average of $149.25.

PepsiCo (NASDAQ:PEP) last posted its earnings results on Monday, February 2nd. The company reported $2.26 EPS for the quarter, topping the consensus estimate of $2.24 by $0.02. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The firm had revenue of $29.34 billion for the quarter, compared to analyst estimates of $28.96 billion. During the same period last year, the company earned $1.96 earnings per share. PepsiCo’s revenue for the quarter was up 5.6% compared to the same quarter last year. On average, equities analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current year.

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

PepsiCo Announces Dividend

The company 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 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 3.5%. PepsiCo’s dividend payout ratio is 94.83%.

Analyst Ratings Changes

A number of research analysts have issued reports on PEP shares. Piper Sandler upped their price target on shares of PepsiCo from $161.00 to $172.00 and gave the company an “overweight” rating in a research note on Tuesday, December 9th. UBS Group reissued a “buy” rating and issued a $190.00 target price on shares of PepsiCo in a research report on Wednesday, February 4th. Royal Bank Of Canada lifted their price target on PepsiCo from $156.00 to $165.00 and gave the stock a “sector perform” rating in a research report on Monday. Barclays boosted their price target on PepsiCo from $148.00 to $160.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Finally, Wall Street Zen cut PepsiCo from a “buy” rating to a “hold” rating in a research note on Saturday, December 27th. Eight analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, PepsiCo presently has a consensus rating of “Hold” and an average price target of $168.50.

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.