PepsiCo, Inc. $PEP Shares Sold by Colonial Trust Advisors

Colonial Trust Advisors decreased its position in PepsiCo, Inc. (NASDAQ:PEP) by 6.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 81,669 shares of the company’s stock after selling 6,060 shares during the period. Colonial Trust Advisors’ holdings in PepsiCo were worth $11,470,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Evolution Wealth Management Inc. purchased a new position in shares of PepsiCo in the 2nd quarter valued at about $27,000. JCIC Asset Management Inc. purchased a new stake in shares of PepsiCo in the third quarter valued at approximately $27,000. Vermillion & White Wealth Management Group LLC lifted its position in shares of PepsiCo by 107.1% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 234 shares of the company’s stock valued at $31,000 after buying an additional 121 shares in the last quarter. 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 acquired a new stake in PepsiCo in the 3rd quarter valued at $37,000. Institutional investors and hedge funds own 73.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. UBS Group restated a “buy” rating and set a $190.00 price objective on shares of PepsiCo in a research report on Wednesday, February 4th. HSBC upped their price target on shares of PepsiCo from $152.00 to $175.00 and gave the stock a “hold” rating in a research report on Thursday, February 5th. Rothschild & Co Redburn lifted their price objective on PepsiCo from $120.00 to $130.00 and gave the stock a “sell” rating in a report on Tuesday, February 10th. Wells Fargo & Company increased their target price on PepsiCo from $154.00 to $165.00 and gave the company an “equal weight” rating in a report on Wednesday, February 4th. Finally, Wall Street Zen lowered PepsiCo from a “buy” rating to a “hold” rating in a research note on Saturday, December 27th. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $168.00.

PepsiCo Price Performance

NASDAQ:PEP opened at $169.54 on Wednesday. PepsiCo, Inc. has a one year low of $127.60 and a one year high of $171.48. The stock has a market cap of $231.70 billion, a PE ratio of 28.26, a P/E/G ratio of 3.23 and a beta of 0.40. 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 50 day moving average price of $151.97 and a 200 day moving average price of $148.37.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings data on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, topping 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 posted $1.96 earnings per share. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. Equities research analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders 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 dividend on an annualized basis and a yield of 3.4%. PepsiCo’s payout ratio is 94.83%.

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

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo raised its dividend again, marking another consecutive annual increase and highlighting its reliable cash-return profile — a key reason income-focused investors favor PEP. PepsiCo raises dividend again to extend legendary streak
• Positive Sentiment: TD Cowen and other outlets have nudged price targets higher (e.g., to $165), reflecting confidence in PepsiCo’s turnaround color and 2026 outlook — analyst support can underpin near-term share strength. TD Cowen Lifts PT on PepsiCo (PEP) to $165 From $162 – Here’s Why
• Positive Sentiment: PepsiCo is pushing into functional snacks and beverages (health-forward formats) as a growth engine beyond traditional categories — this strategic shift could improve margins and address faster-growing consumer segments. Can Functional Snacks and Drinks Power PepsiCo’s Next Leg Up?
• Positive Sentiment: Branded collaborations and NPD (e.g., JACK LINK’S x DORITOS Nacho Cheese beef jerky and new limited-edition flavors) expand snack formats and licensing upside, helping top-line innovation and brand engagement. JACK LINK’S® AND PEPSICO® FOODS LAUNCH DORITOS® NACHO CHEESE FLAVORED BEEF JERKY AND MEAT STICKS
• Neutral Sentiment: PepsiCo tied regenerative farming research (partnering with National Geographic) to its branded snacks strategy — positive for sustainability positioning but a longer‑term, indirect economic impact. PepsiCo Ties Regenerative Farming Push To New Growth In Branded Snacks
• Neutral Sentiment: Valuation write-ups are mixed: some pieces examine whether recent share gains make PEP attractive or expensive today — these analyses may temper momentum if investors conclude shares are fairly priced. Is PepsiCo (PEP) Pricing Look Attractive After Recent Share Price Strength
• Negative Sentiment: PepsiCo has underperformed the Nasdaq over the past year, a reminder that cyclical and growth peers have outpaced PEP — this relative underperformance may limit multiple expansion until growth accelerates. Is PepsiCo Stock Underperforming the Nasdaq?

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.