Captrust Financial Advisors Buys 19,218 Shares of PepsiCo, Inc. $PEP

Captrust Financial Advisors grew its stake in PepsiCo, Inc. (NASDAQ:PEP) by 3.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. 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 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. State Street Corp raised 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 buying an additional 1,079,970 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in PepsiCo by 9.7% during 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 acquiring an additional 2,556,163 shares in the last quarter. Norges Bank bought a new stake in PepsiCo during the 2nd quarter valued at approximately $2,330,594,000. Franklin Resources Inc. grew its holdings 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 acquiring an additional 2,541,455 shares during the period. Finally, Invesco Ltd. raised its position in shares of PepsiCo by 7.6% in the 3rd quarter. Invesco Ltd. now owns 13,617,747 shares of the company’s stock worth $1,912,476,000 after acquiring an additional 958,701 shares in the last quarter. Institutional investors own 73.07% of the company’s stock.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on PEP shares. HSBC boosted their target price on shares of PepsiCo from $152.00 to $175.00 and gave the company a “hold” rating in a report on Thursday, February 5th. Barclays boosted their price objective on shares of PepsiCo from $148.00 to $160.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Wall Street Zen upgraded shares of PepsiCo from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. TD Cowen raised their target price on shares of PepsiCo from $162.00 to $165.00 and gave the company a “hold” rating in a research note on Friday, February 20th. Finally, JPMorgan Chase & Co. upped their price target on PepsiCo from $164.00 to $176.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $169.00.

PepsiCo Trading Down 1.9%

Shares of NASDAQ:PEP opened at $153.54 on Thursday. The stock’s 50-day simple moving average is $157.75 and its two-hundred day simple moving average is $149.87. The stock has a market capitalization of $209.84 billion, a price-to-earnings ratio of 25.59, a PEG ratio of 3.00 and a beta of 0.39. PepsiCo, Inc. has a 52-week low of $127.60 and a 52-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.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings results on Monday, February 2nd. The company reported $2.26 EPS for the quarter, beating the consensus estimate of $2.24 by $0.02. The firm had revenue of $29.34 billion during the quarter, compared to analyst estimates of $28.96 billion. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.96 EPS. Analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current year.

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

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 $1.4225 dividend. The ex-dividend date is Friday, March 6th. This represents a $5.69 annualized dividend and a yield of 3.7%. PepsiCo’s dividend payout ratio (DPR) is presently 94.83%.

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.