Coldstream Capital Management Inc. Raises Holdings in PepsiCo, Inc. $PEP

Coldstream Capital Management Inc. raised its stake in PepsiCo, Inc. (NASDAQ:PEP) by 14.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,062 shares of the company’s stock after purchasing an additional 4,143 shares during the period. Coldstream Capital Management Inc.’s holdings in PepsiCo were worth $4,643,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in PEP. State Street Corp lifted its stake in PepsiCo by 1.8% in the third quarter. State Street Corp now owns 59,499,819 shares of the company’s stock worth $8,356,155,000 after acquiring an additional 1,079,970 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of PepsiCo by 9.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 29,031,404 shares of the company’s stock valued at $3,833,406,000 after purchasing an additional 2,556,163 shares during the last quarter. Norges Bank acquired a new stake in shares of PepsiCo in the 2nd quarter valued at $2,330,594,000. Franklin Resources Inc. lifted its position in shares of PepsiCo by 19.5% during the 2nd quarter. Franklin Resources Inc. now owns 15,577,073 shares of the company’s stock worth $2,056,797,000 after buying an additional 2,541,455 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of PepsiCo by 7.6% in the 3rd quarter. Invesco Ltd. now owns 13,617,747 shares of the company’s stock valued at $1,912,476,000 after buying an additional 958,701 shares in the last quarter. 73.07% of the stock is owned by institutional investors and hedge funds.

PepsiCo Price Performance

Shares of PEP opened at $153.54 on Thursday. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 2.06. The stock’s 50 day moving average is $157.75 and its two-hundred day moving average is $149.87. PepsiCo, Inc. has a twelve month low of $127.60 and a twelve month high of $171.48. The firm has a market capitalization of $209.84 billion, a PE ratio of 25.59, a P/E/G ratio of 3.00 and a beta of 0.39.

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

PepsiCo declared that its Board of Directors has initiated a share buyback plan on Tuesday, February 3rd that authorizes the company to repurchase $10.00 billion in shares. This repurchase authorization authorizes the company to reacquire up to 4.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

PepsiCo Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders 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 yield of 3.7%. PepsiCo’s dividend payout ratio (DPR) is 94.83%.

Key PepsiCo News

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

Analysts Set New Price Targets

PEP has been the topic of several research analyst reports. Citigroup lifted their price target on shares of PepsiCo from $170.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. BNP Paribas Exane restated an “outperform” rating on shares of PepsiCo in a research note on Wednesday, February 4th. TD Cowen lifted their target price on PepsiCo from $162.00 to $165.00 and gave the stock a “hold” rating in a research report on Friday, February 20th. Weiss Ratings reissued a “hold (c)” rating on shares of PepsiCo in a report on Friday, January 9th. Finally, Evercore raised their price target on PepsiCo from $152.00 to $165.00 in a research note on Wednesday, February 4th. 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 company. According to MarketBeat.com, PepsiCo has a consensus rating of “Hold” and a consensus price target of $169.00.

PepsiCo Company 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.