Time activist investor Elliot Management is taking a significant stake in PepsiCo. But despite today's 2% pop, shares are still only flat since January. Lesie Picker has the details.Hi Les. Hey Court. Yeah, this may not be helpful in uh your hunger issues, but Elliot says if if its proposal, if enacted, could deliver 50% upside to shareholders.The activist says Pepsi trades at a substantial discount to many historically slower growing peers as well as to its own historical average valuation. The activist di ...

Group 1: Company Overview - PepsiCo's stock has been impacted by short-term challenges, creating a long-term buying opportunity for investors [1][3] - The company has a strong dividend history, having raised its annual payouts for 53 consecutive years [19] - PepsiCo's product portfolio includes snacks and beverages, differentiating it from Coca-Cola, which primarily focuses on beverages [4][5] Group 2: Financial Performance - PepsiCo's revenues have been falling short of estimates, with profit margins leveling off below pre-pandemic levels due to rising costs [9][10] - The company is expected to see low-single-digit percentage revenue growth in 2025, with earnings growth anticipated to follow [13] - Despite recent challenges, PepsiCo's dividend remains secure, with a forward-looking yield exceeding 4.3%, compared to Coca-Cola's yield of less than 3% [19][20] Group 3: Market Conditions - Inflation rates have stabilized, with the U.S. annualized inflation rate at 2.4%, which may support consumer spending on snacks and drinks [16] - Economic growth is projected, with the IMF expecting better GDP growth globally compared to the U.S. in 2025 [17] - Management is focusing on key factors influencing consumer purchases, such as package sizing and healthy snacking [18]