Fiera Capital Corp Reduces Stock Holdings in PepsiCo, Inc. $PEP

Fiera Capital Corp lowered its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 4.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,005,792 shares of the company’s stock after selling 151,965 shares during the quarter. PepsiCo makes up approximately 1.4% of Fiera Capital Corp’s holdings, making the stock its 22nd biggest position. Fiera Capital Corp owned about 0.22% of PepsiCo worth $422,133,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in PEP. JCIC Asset Management Inc. bought a new stake in shares of PepsiCo during the 3rd quarter valued at $27,000. Evolution Wealth Management Inc. purchased a new stake in PepsiCo in the second quarter worth about $27,000. Vermillion & White Wealth Management Group LLC raised its stake in shares of PepsiCo by 107.1% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 234 shares of the company’s stock worth $31,000 after buying an additional 121 shares during the period. Halbert Hargrove Global Advisors LLC lifted its position in shares of PepsiCo by 667.7% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock valued at $33,000 after buying an additional 207 shares in the last quarter. Finally, Manning & Napier Advisors LLC bought a new position in shares of PepsiCo during the 3rd quarter valued at approximately $37,000. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Analyst Ratings Changes

PEP has been the topic of a number of recent analyst reports. Jefferies Financial Group raised their target price on shares of PepsiCo from $163.00 to $164.00 and gave the stock a “hold” rating in a research note on Tuesday, December 9th. Rothschild & Co Redburn raised their price objective on shares of PepsiCo from $120.00 to $130.00 and gave the company a “sell” rating in a research report on Tuesday, February 10th. TD Cowen upped their target price on shares of PepsiCo from $155.00 to $162.00 and gave the stock a “hold” rating in a report on Wednesday, February 4th. BNP Paribas Exane set a $191.00 target price on PepsiCo in a research note on Wednesday, February 4th. Finally, Loop Capital set a $164.00 price target on PepsiCo in a research note on Thursday, October 23rd. 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, the company has a consensus rating of “Hold” and a consensus target price of $167.83.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Federal court blocks a proposed class action over snack pricing, removing a sizable litigation overhang and potential damages exposure. PepsiCo, Frito-Lay win US court order
• Positive Sentiment: New product launches and portfolio shift toward “functional” and health-forward items (prebiotic cola, fiber snacks, hydration products) signal revenue diversification and potential margin upside as the company targets health-conscious consumers. PepsiCo plays ‘offense’ to transform portfolio
• Positive Sentiment: PepsiCo’s prebiotic soda has gone nationwide — broad distribution of an innovation-led SKU can drive incremental top-line and shows the company can scale new beverage concepts. Prebiotic soda nationwide
• Positive Sentiment: Mountain Dew’s Baja Blast named the official soft drink of MLB increases brand visibility and promotional tailwinds during the baseball season. Mountain Dew MLB deal
• Positive Sentiment: Marketing and creator-led product efforts (targeting Gen Z) and continued focus on fiber/hydration show PepsiCo pushing innovation and targeted marketing to sustain growth. Creator-led product launch Pursuing fiber and hydration
• Neutral Sentiment: PepsiCo’s CAGNY presentation and related slides provide investor detail on strategy and outlook — transparency helps sentiment but contains no major surprises. CAGNY presentation transcript
• Neutral Sentiment: Argus moved PEP to a “hold” (from unknown prior) — a mild endorsement but not a strong buy signal. Argus upgrade to hold
• Negative Sentiment: Zacks Research cut multiple near‑term and FY2027 EPS estimates, lowering quarterly forecasts across 2026–2027; that reduces near-term earnings visibility and may pressure valuation until growth from new products is proven. Zacks industry/estimate note
• Neutral Sentiment: Coverage notes and articles highlighting PepsiCo as a steady dividend grower reaffirm income-oriented investor interest (stable long-term thesis, less near-term impact). Dividend-grower coverage

PepsiCo Stock Performance

NASDAQ PEP opened at $164.59 on Friday. The stock has a market capitalization of $224.94 billion, a PE ratio of 27.43, a P/E/G ratio of 3.13 and a beta of 0.40. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $171.48. The business has a 50 day simple moving average of $150.96 and a two-hundred day simple moving average of $147.74. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.85 and a quick ratio of 0.67.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings results on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, topping the consensus estimate 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 quarter in the previous year, the business posted $1.96 earnings per share. PepsiCo’s quarterly revenue was up 5.6% on a year-over-year basis. On average, research analysts predict that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors 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 3.5%. PepsiCo’s dividend payout ratio (DPR) is currently 94.83%.

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

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.