PepsiCo, Inc. $PEP Shares Sold by Cim Investment Management Inc.

Cim Investment Management Inc. cut its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 50.6% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 5,357 shares of the company’s stock after selling 5,497 shares during the period. Cim Investment Management Inc.’s holdings in PepsiCo were worth $752,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PEP. JCIC Asset Management Inc. bought a new position in shares of PepsiCo during the third quarter worth about $27,000. Evolution Wealth Management Inc. bought a new stake in shares of PepsiCo during the second quarter valued at approximately $27,000. Imprint Wealth LLC bought a new stake in shares of PepsiCo during the third quarter valued at approximately $31,000. Vermillion & White Wealth Management Group LLC boosted its position in shares of PepsiCo by 107.1% during 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. Finally, Halbert Hargrove Global Advisors LLC grew its holdings in PepsiCo by 667.7% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock worth $33,000 after buying an additional 207 shares in the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

PepsiCo Stock Down 0.8%

NASDAQ:PEP opened at $156.50 on Wednesday. The company has a market cap of $213.88 billion, a PE ratio of 26.08, a PEG ratio of 3.02 and a beta of 0.39. The stock has a 50-day simple moving average of $157.42 and a 200 day simple moving average of $149.84. 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, Inc. has a 52-week low of $127.60 and a 52-week high of $171.48.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings results 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 firm had revenue of $29.34 billion during the quarter, compared to the consensus estimate of $28.96 billion. During the same quarter in the prior year, the firm posted $1.96 EPS. The business’s revenue was up 5.6% on a year-over-year basis. On average, sell-side analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Announces Dividend

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 paid a $1.4225 dividend. This represents a $5.69 annualized dividend and a yield of 3.6%. The ex-dividend date is Friday, March 6th. PepsiCo’s payout ratio is presently 94.83%.

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

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Settlement with activist investor Elliott Management — PepsiCo reached a deal with Elliott (which holds a large stake) to pursue expense cuts, portfolio rationalization and potential leadership changes, a development investors often view as supportive of near‑term shareholder value and operational focus. PepsiCo Activist Deal And Good Warrior Launch Refocus Growth Priorities
• Positive Sentiment: New product expansion — PepsiCo launched the Good Warrior meat‑stick brand, entering a fast‑growing, higher‑margin protein-snack category. This expands addressable market and supports growth/innovation narrative. PepsiCo Enters Booming Meat-Stick Space With Good Warrior
• Positive Sentiment: Analyst/sector support — commentator pieces highlight PepsiCo as a reliable dividend and defensive consumer staple, which can support the stock versus cyclicals during volatile markets. These Dividend Monsters Continue to Outshine the Market: PEP, HSY
• Neutral Sentiment: Q1 results timing set — PepsiCo announced it will report first-quarter 2026 results on April 16; investors will await details on organic growth, margins and any updated guidance. PepsiCo Announces Timing and Availability of First-Quarter 2026 Financial Results
• Neutral Sentiment: Marketing buzz — Pepsi released a special limited Pepsi flavor and other campaign activity (including new Gen Z faces in India). These create consumer engagement but have limited near‑term revenue impact. Special new Pepsi flavor is out but you can’t get it in stores
• Neutral Sentiment: Puerto Rico SNAP bill mentioned — legislation to transition Puerto Rico to SNAP could eventually raise local consumer purchasing power and beverage/snack demand, but implementation is long-timed and uncertain. New Bill: Puerto Rico Nutrition Assistance Fairness Act
• Negative Sentiment: Loss of NBA sponsorship for Starry — Coca‑Cola’s Sprite has taken back NBA sponsorship from PepsiCo’s Starry, reducing a high‑visibility marketing channel for PepsiCo’s challenger soda brand. That is a near‑term negative for brand reach and Starry momentum. Coke’s Sprite Takes Back NBA Sponsorship From PepsiCo’s Starry
• Negative Sentiment: Shareholder/ legal scrutiny — a law firm has launched an investigation into possible fiduciary breaches by PepsiCo’s board related to an antitrust suit; governance and litigation risk can pressure sentiment. SHAREHOLDER ALERT: Lowey Dannenberg Investigation
• Negative Sentiment: Short‑term price pressure reported — recent market coverage notes PEP shares pulled back amid a broader market uptick, signaling profit‑taking or headline‑driven selling despite the constructive activist agreement. PepsiCo (PEP) Stock Falls Amid Market Uptick

Analyst Upgrades and Downgrades

PEP has been the topic of several recent analyst reports. Royal Bank Of Canada lifted their target price on PepsiCo from $156.00 to $165.00 and gave the company a “sector perform” rating in a research note on Monday, March 2nd. TD Cowen raised their price target on PepsiCo from $162.00 to $165.00 and gave the company a “hold” rating in a report on Friday, February 20th. Weiss Ratings restated a “hold (c)” rating on shares of PepsiCo in a research note on Friday, January 9th. UBS Group reiterated a “buy” rating and issued a $190.00 target price on shares of PepsiCo in a research report on Wednesday, February 4th. Finally, Rothschild & Co Redburn raised their target price on shares of PepsiCo from $120.00 to $130.00 and gave the company a “sell” rating in a research note on Tuesday, February 10th. Eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $169.00.

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.