PepsiCo, Inc. $PEP Shares Sold by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC reduced its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 71.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 646,746 shares of the company’s stock after selling 1,629,546 shares during the period. CIBC Private Wealth Group LLC’s holdings in PepsiCo were worth $90,829,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the business. Clayton Financial Group LLC acquired a new stake in shares of PepsiCo in the third quarter valued at approximately $872,000. Kathmere Capital Management LLC boosted its stake in PepsiCo by 122.6% during the third quarter. Kathmere Capital Management LLC now owns 20,365 shares of the company’s stock worth $2,860,000 after buying an additional 11,217 shares during the last quarter. Invesco Ltd. grew its holdings in PepsiCo by 11.7% in the 2nd quarter. Invesco Ltd. now owns 12,659,046 shares of the company’s stock valued at $1,671,500,000 after buying an additional 1,330,888 shares in the last quarter. Mediolanum International Funds Ltd increased its stake in shares of PepsiCo by 19.3% in the 3rd quarter. Mediolanum International Funds Ltd now owns 252,916 shares of the company’s stock worth $35,451,000 after acquiring an additional 40,947 shares during the last quarter. Finally, Townsquare Capital LLC raised its holdings in shares of PepsiCo by 96.5% during the 3rd quarter. Townsquare Capital LLC now owns 40,383 shares of the company’s stock worth $5,671,000 after acquiring an additional 19,829 shares during the period. Hedge funds and other institutional investors own 73.07% of the company’s stock.

PepsiCo Stock Performance

NASDAQ:PEP opened at $153.54 on Thursday. PepsiCo, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $171.48. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.67 and a current ratio of 0.85. The company has a 50 day moving average price of $157.75 and a 200 day moving average price of $149.87. The stock has a market capitalization of $209.84 billion, a P/E ratio of 25.59, a PEG ratio of 3.00 and a beta of 0.39.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) for the quarter, beating 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 company had revenue of $29.34 billion for the quarter, compared to analyst estimates of $28.96 billion. During the same quarter in the previous year, the company earned $1.96 earnings per share. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. Equities research analysts forecast that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo Dividend Announcement

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

PepsiCo announced that its Board of Directors has initiated a share buyback program on Tuesday, February 3rd that allows the company to buyback $10.00 billion in outstanding shares. This buyback authorization allows the company to repurchase up to 4.7% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on PEP. Jefferies Financial Group upped their price objective on shares of PepsiCo from $163.00 to $164.00 and gave the company a “hold” rating in a report on Tuesday, December 9th. HSBC lifted their target price on shares of PepsiCo from $152.00 to $175.00 and gave the stock a “hold” rating in a research note on Thursday, February 5th. Weiss Ratings reissued a “hold (c)” rating on shares of PepsiCo in a research note on Friday, January 9th. Royal Bank Of Canada raised their price target on shares of PepsiCo from $156.00 to $165.00 and gave the stock a “sector perform” rating in a report on Monday, March 2nd. Finally, Evercore upped their price objective on PepsiCo from $152.00 to $165.00 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 stock. According to data from MarketBeat, the company presently 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

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.