559,367 Shares in PepsiCo, Inc. $PEP Acquired by CIBC Bancorp USA Inc.

CIBC Bancorp USA Inc. bought a new stake in shares of PepsiCo, Inc. (NASDAQ:PEP) in the 3rd quarter, Holdings Channel.com reports. The firm bought 559,367 shares of the company’s stock, valued at approximately $78,558,000.

Several other institutional investors have also added to or reduced their stakes in the business. Evolution Wealth Management Inc. bought a new stake in shares of PepsiCo during the 2nd quarter valued at $27,000. JCIC Asset Management Inc. bought a new position in PepsiCo in the 3rd quarter worth $27,000. Vermillion & White Wealth Management Group LLC lifted its position in PepsiCo by 107.1% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 234 shares of the company’s stock valued at $31,000 after purchasing an additional 121 shares in the last quarter. Imprint Wealth LLC bought a new stake in PepsiCo during the third quarter valued at about $31,000. Finally, Halbert Hargrove Global Advisors LLC increased its position in PepsiCo by 667.7% in the third 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. 73.07% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on PEP. Argus raised PepsiCo to a “hold” rating in a research report on Tuesday, February 17th. Wall Street Zen raised shares of PepsiCo from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Piper Sandler lifted their price target on shares of PepsiCo from $172.00 to $181.00 and gave the company an “overweight” rating in a report on Thursday, March 12th. Jefferies Financial Group upped their price target on shares of PepsiCo from $163.00 to $164.00 and gave the stock a “hold” rating in a research report on Tuesday, December 9th. Finally, Royal Bank Of Canada raised their price objective on shares of PepsiCo from $156.00 to $165.00 and gave the company a “sector perform” rating in a research report on Monday, March 2nd. 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 MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $169.00.

PepsiCo News Roundup

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

PepsiCo Stock Down 0.8%

Shares of PEP opened at $156.50 on Wednesday. The business’s 50 day moving average is $157.42 and its 200 day moving average is $149.84. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 2.06. PepsiCo, Inc. has a 12-month low of $127.60 and a 12-month high of $171.48. The company has a market capitalization of $213.88 billion, a PE ratio of 26.08, a price-to-earnings-growth ratio of 3.02 and a beta of 0.39.

PepsiCo (NASDAQ:PEP) last posted 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. The business had revenue of $29.34 billion during the quarter, compared to the consensus estimate of $28.96 billion. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.96 EPS. Research analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 6th will be paid a dividend of $1.4225 per share. This represents a $5.69 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Friday, March 6th. PepsiCo’s dividend payout ratio (DPR) is presently 94.83%.

PepsiCo declared that its Board of Directors has authorized a share buyback plan 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 plans are usually an indication that the company’s leadership 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.