Cardinal Point Capital Management ULC Has $9.72 Million Position in PepsiCo, Inc. $PEP

Cardinal Point Capital Management ULC grew its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 16.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 69,232 shares of the company’s stock after buying an additional 9,757 shares during the quarter. Cardinal Point Capital Management ULC’s holdings in PepsiCo were worth $9,723,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Slagle Financial LLC increased its position in PepsiCo by 4.0% in the 3rd quarter. Slagle Financial LLC now owns 37,336 shares of the company’s stock valued at $5,243,000 after acquiring an additional 1,451 shares in the last quarter. Canvas Wealth Advisors LLC grew its stake in shares of PepsiCo by 37.5% during the third quarter. Canvas Wealth Advisors LLC now owns 2,696 shares of the company’s stock valued at $383,000 after purchasing an additional 735 shares during the last quarter. Fullcircle Wealth LLC increased its holdings in shares of PepsiCo by 3.9% in the third quarter. Fullcircle Wealth LLC now owns 7,359 shares of the company’s stock valued at $1,052,000 after purchasing an additional 275 shares in the last quarter. Plato Investment Management Ltd raised its position in PepsiCo by 17.0% in the 3rd quarter. Plato Investment Management Ltd now owns 60,689 shares of the company’s stock worth $8,458,000 after purchasing an additional 8,814 shares during the last quarter. Finally, Boyd Watterson Asset Management LLC OH lifted its holdings in PepsiCo by 11.2% during the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 19,719 shares of the company’s stock worth $2,769,000 after buying an additional 1,986 shares in the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Stock Up 1.8%

Shares of NASDAQ PEP opened at $170.49 on Monday. PepsiCo, Inc. has a 52-week low of $127.60 and a 52-week high of $170.75. 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 stock has a market cap of $233.00 billion, a P/E ratio of 28.42, a P/E/G ratio of 3.26 and a beta of 0.40. The firm has a 50 day moving average price of $147.65 and a 200 day moving average price of $146.31.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $2.26 earnings per share for the quarter, topping analysts’ consensus estimates of $2.24 by $0.02. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The company had revenue of $29.34 billion for the quarter, compared to analysts’ expectations of $28.96 billion. During the same period last year, the firm posted $1.96 earnings per share. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current year.

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

PepsiCo Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 6th will be given 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 dividend yield of 3.3%. PepsiCo’s dividend payout ratio (DPR) is currently 94.83%.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Q4 results beat expectations (EPS $2.26 vs. $2.24; revenue roughly $29.3B) and management reiterated FY2026 guidance while reporting margin improvement — a core driver for today’s buying. Pepsi Pops as Investors Take Notice of Key Strategic Initiatives
• Positive Sentiment: Board approved a $10 billion share repurchase program, supporting EPS and signaling capital-return priority. PepsiCo to Repurchase $10.00 billion in Shares
• Positive Sentiment: Several brokerages lifted price targets after the strong quarter (UBS to $190, Morgan Stanley $180, JPMorgan $176, HSBC $175), which helps sustain buying interest. UBS Lifts PepsiCo Target JPMorgan Raises Target HSBC Adjusts Target
• Positive Sentiment: Management is cutting prices (up to ~15% on some snacks) and pivoting to “snack affordability” ahead of heavy seasonal demand (Super Bowl), which should boost volumes and retail sales. Guacamole & chip prices and PepsiCo price moves
• Positive Sentiment: Productivity and distribution integration (testing combined beverage/snack logistics) are cited as margin levers — management reported early positive results and operating-margin expansion. Productivity Strategy Analysis
• Neutral Sentiment: Pepsi is publicly adapting product mixes for health-conscious consumers (functional foods) and watching trends like GLP-1 drug use — outcomes are uncertain but the company is actively responding. How PepsiCo is adapting to GLP-1 use
• Neutral Sentiment: Activist investor interest (Elliott) remains a background catalyst; Pepsi is implementing changes but has said full refranchising isn’t being pursued — keeps outcomes dependent on execution. Elliott stake & catalyst analysis
• Negative Sentiment: Snack price cuts — and earlier consumer backlash over pricing — could pressure near-term gross margins until volume gains offset the lower pricing. PepsiCo to cut some US snack prices

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. TD Cowen lifted their target price on PepsiCo from $155.00 to $162.00 and gave the company a “hold” rating in a research note on Wednesday, February 4th. DZ Bank raised PepsiCo from a “hold” rating to a “buy” rating and set a $167.00 price objective for the company in a report on Tuesday, October 21st. Evercore ISI raised their target price on shares of PepsiCo from $152.00 to $165.00 in a research note on Wednesday, February 4th. Rothschild & Co Redburn boosted their price target on shares of PepsiCo from $117.00 to $120.00 and gave the stock a “sell” rating in a research note on Monday, December 15th. Finally, Piper Sandler raised their price objective 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. Eight equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $167.16.

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.