Cornerstone Capital Inc. Trims Stake in PepsiCo, Inc. $PEP

Cornerstone Capital Inc. cut its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 5.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 87,117 shares of the company’s stock after selling 4,563 shares during the period. Cornerstone Capital Inc.’s holdings in PepsiCo were worth $12,235,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC raised its holdings in shares of PepsiCo by 12.4% in the 4th quarter. Brighton Jones LLC now owns 59,392 shares of the company’s stock valued at $9,031,000 after purchasing an additional 6,574 shares in the last quarter. Caxton Associates LLP bought a new position in PepsiCo in the first quarter worth approximately $251,000. Sivia Capital Partners LLC lifted its holdings in PepsiCo by 138.5% during the second quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company’s stock worth $862,000 after buying an additional 3,790 shares during the period. Schnieders Capital Management LLC. boosted its position in PepsiCo by 10.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company’s stock valued at $5,039,000 after acquiring an additional 3,502 shares in the last quarter. Finally, Main Street Research LLC increased its holdings in shares of PepsiCo by 13.1% in the 2nd quarter. Main Street Research LLC now owns 2,591 shares of the company’s stock valued at $342,000 after acquiring an additional 300 shares during the period. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Wall Street Analyst Weigh In

PEP has been the topic of a number of recent research reports. Jefferies Financial Group raised their price objective on PepsiCo from $163.00 to $164.00 and gave the company a “hold” rating in a research report on Tuesday, December 9th. TD Cowen raised their price target on shares of PepsiCo from $162.00 to $165.00 and gave the company a “hold” rating in a report on Friday. Argus upgraded shares of PepsiCo to a “hold” rating in a research note on Tuesday, February 17th. Barclays increased their target price on shares of PepsiCo from $148.00 to $160.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. Finally, UBS Group reaffirmed a “buy” rating and issued a $190.00 price target on shares of PepsiCo in a report on Wednesday, February 4th. Eight investment 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. Based on data from MarketBeat.com, PepsiCo presently has a consensus rating of “Hold” and an average price target of $168.00.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: TD Cowen raised its price target to $165 (from $162), kept a Hold rating and cited management’s “turnaround” color and reiterated 2026 targets — a near-term catalyst supporting investor confidence. TD Cowen Lifts PT on PepsiCo (PEP) to $165 From $162 – Here’s Why
• Positive Sentiment: PepsiCo is pushing brand and product momentum with new marketing (Sting’s sonic branding tied to cricket) and limited-edition flavors (three Super Mario Galaxy–themed drinks), which can boost short-term volumes and consumer engagement. PepsiCo’s Sting bets on sonic branding as it turns cricket’s sixes into sound PepsiCo releases three new out-of-this-world flavors inspired by Super Mario Galaxy
• Positive Sentiment: PepsiCo is accelerating functional beverages and snacks to capture health-driven growth beyond traditional soda/snack categories — a strategic growth lever investors view positively for margin expansion and revenue diversification. Can Functional Snacks and Drinks Power PepsiCo’s Next Leg Up?
• Neutral Sentiment: PepsiCo expanded retail reach in Pakistan via a partnership with Mehmood Pharmacy — a local distribution play that helps top-line growth in an emerging market but is unlikely to move global margins materially near term. PepsiCo International Announces Strategic Partnership with Mehmood Pharmacy to Strengthen Retail Presence in Pakistan
• Neutral Sentiment: Industry coverage highlights a $330bn functional-food trend that big CPGs (including PepsiCo) are backing — supportive for long-term thesis but not an immediate earnings swing. Inside the $330bn functional food frenzy fuelled by PepsiCo, Coke & Nestlé
• Negative Sentiment: Reports say major packaged-food companies, including PepsiCo, have cut or extended price reductions to counter falling volumes as grocery bills climbed — this can boost near-term volumes but compresses margins and earnings per share. Foodmakers Slash Prices After Grocery Bills Climb 26%
• Negative Sentiment: Zacks cut FY2026 EPS estimates for PepsiCo, signaling analyst skepticism about near-term margin recovery and growth pacing — a direct headwind to valuation. FY2026 EPS Estimates for PepsiCo Decreased by Zacks Research

PepsiCo Stock Performance

Shares of PEP stock opened at $168.32 on Tuesday. The business has a fifty day moving average of $151.59 and a 200 day moving average of $148.20. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $171.48. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.85 and a quick ratio of 0.67. The firm has a market capitalization of $230.03 billion, a price-to-earnings ratio of 28.05, a price-to-earnings-growth ratio of 3.16 and a beta of 0.40.

PepsiCo (NASDAQ:PEP) last posted its quarterly 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 business 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 business earned $1.96 EPS. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. As a group, research analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo Dividend Announcement

The firm also recently declared 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 of this dividend is Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.4%. PepsiCo’s dividend payout ratio (DPR) is currently 94.83%.

PepsiCo declared that its Board of Directors has initiated a stock buyback program on Tuesday, February 3rd that allows the company to buyback $10.00 billion in shares. This buyback authorization allows the company to reacquire up to 4.7% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.

PepsiCo 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.