Captrust Financial Advisors Raises Stock Holdings in PepsiCo, Inc. $PEP

Captrust Financial Advisors lifted its stake in PepsiCo, Inc. (NASDAQ:PEP) by 3.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 554,798 shares of the company’s stock after purchasing an additional 19,218 shares during the quarter. Captrust Financial Advisors’ holdings in PepsiCo were worth $77,916,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. JCIC Asset Management Inc. bought a new stake in PepsiCo during the 3rd quarter worth approximately $27,000. Evolution Wealth Management Inc. bought a new position in shares of PepsiCo in the second quarter worth approximately $27,000. Imprint Wealth LLC bought a new position in shares of PepsiCo in the third quarter worth approximately $31,000. Vermillion & White Wealth Management Group LLC increased its stake in shares of PepsiCo by 107.1% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 234 shares of the company’s stock worth $31,000 after purchasing an additional 121 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC raised its position in shares of PepsiCo by 667.7% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock valued at $33,000 after purchasing an additional 207 shares during the period. 73.07% of the stock is currently owned by institutional investors.

PepsiCo Trading Down 1.9%

Shares of PEP stock opened at $153.54 on Thursday. The company has a market cap of $209.84 billion, a PE ratio of 25.59, a price-to-earnings-growth ratio of 3.00 and a beta of 0.39. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $171.48. The stock’s 50 day simple moving average is $157.75 and its two-hundred day simple moving average is $149.87. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.85 and a quick ratio of 0.67.

PepsiCo (NASDAQ:PEP) last released its earnings results on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, beating 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 the consensus estimate of $28.96 billion. During the same quarter in the previous year, the company posted $1.96 EPS. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. Research analysts predict that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo declared that its Board of Directors has approved a stock repurchase plan 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 stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

PepsiCo Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 6th will be given a dividend of $1.4225 per share. The ex-dividend date is Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.7%. PepsiCo’s payout ratio is 94.83%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Wells Fargo & Company upped their target price 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. JPMorgan Chase & Co. raised their price target on PepsiCo from $164.00 to $176.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. HSBC upped their price objective on PepsiCo from $152.00 to $175.00 and gave the stock a “hold” rating in a research note on Thursday, February 5th. Piper Sandler increased their target price on PepsiCo from $172.00 to $181.00 and gave the stock an “overweight” rating in a research report on Thursday, March 12th. Finally, Citigroup boosted their price target on PepsiCo from $170.00 to $182.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Eight equities research 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’s stock. According to MarketBeat.com, PepsiCo currently has a consensus rating of “Hold” and a consensus price target of $169.00.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Piper Sandler raised its price target to $181 (from $172) and kept an Overweight rating, citing pricing power and innovation tailwinds that support medium-term earnings and dividend appeal. Piper Sandler Stays Bullish on PepsiCo (PEP)
• Positive Sentiment: PepsiCo India launched an EV “green corridor” to cut supply‑chain emissions and logistics cost over time — a sustainability push that can reduce fuel expense and improve ESG metrics in a high-growth emerging market. PepsiCo India expands green logistics
• Positive Sentiment: PepsiCo was named the official beverage partner for Venu’s Sunset Amphitheater portfolio, gaining venue distribution and brand exposure at live events — a volume/marketing channel boost for beverage sales. PepsiCo Named Official Beverage Partner of VENU
• Positive Sentiment: Varun Beverages (an India-based Pepsi bottler) is pursuing an acquisition in South Africa to diversify its portfolio into new categories — a potential long-term growth lever for PepsiCo’s bottling system. Varun Beverages lines up another acquisition in South Africa
• Positive Sentiment: Pepsi became an official beverage and entertainment partner for HBL‑PSL (cricket league), expanding regional sponsorships and stadium/consumer reach in South Asian markets. Pepsi joins HBL-PSL as official beverage and entertainment partner
• Neutral Sentiment: PepsiCo set its Q1 2026 earnings release date for April 16 — a scheduled catalyst that could move the stock depending on top/bottom‑line results and guidance. PepsiCo Announces Timing of First-Quarter 2026 Financial Results
• Neutral Sentiment: Legislation to expand SNAP to Puerto Rico (S.3958) was introduced — a long‑run demand tail that could modestly affect beverage/snack consumption in the territory if enacted. New Bill: Puerto Rico Nutrition Assistance Fairness Act
• Neutral Sentiment: Analyst/market commentary comparing Coca‑Cola vs. PepsiCo highlights tradeoffs (stability vs. upside); useful for positioning but not an immediate stock mover. Coca‑Cola vs. PepsiCo: Which One Will Make You Richer?
• Negative Sentiment: Coca‑Cola’s Sprite reclaimed the NBA soft‑drink sponsorship from PepsiCo’s Starry — a loss of league-level exposure for PepsiCo’s citrus brand that could dent targeted marketing effectiveness in a high‑value channel. Coke’s Sprite Takes Back NBA Sponsorship From PepsiCo’s Starry
• Negative Sentiment: An Elliott‑led overhaul (cost cuts, portfolio pruning, leadership changes) plus a reported fiduciary/antitrust probe create short‑term execution and governance risk that investors may punish despite potential long‑term upside from efficiency gains. How Elliott-Driven Overhaul and Health Push Could Reshape PepsiCo

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.