PepsiCo, Inc. $PEP Shares Bought by PineStone Asset Management Inc.

PineStone Asset Management Inc. lifted its position in PepsiCo, Inc. (NASDAQ:PEP) by 4.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,525,948 shares of the company’s stock after buying an additional 99,074 shares during the period. PepsiCo makes up 2.3% of PineStone Asset Management Inc.’s holdings, making the stock its 15th largest position. PineStone Asset Management Inc. owned about 0.18% of PepsiCo worth $362,524,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Three Bridge Wealth Advisors LLC raised its position in PepsiCo by 1.8% in the third quarter. Three Bridge Wealth Advisors LLC now owns 3,870 shares of the company’s stock worth $544,000 after acquiring an additional 68 shares in the last quarter. Facet Wealth Inc. boosted its position in shares of PepsiCo by 3.2% during the 3rd quarter. Facet Wealth Inc. now owns 2,221 shares of the company’s stock valued at $312,000 after purchasing an additional 69 shares in the last quarter. Hudock Inc. boosted its position in shares of PepsiCo by 1.0% during the 3rd quarter. Hudock Inc. now owns 7,079 shares of the company’s stock valued at $994,000 after purchasing an additional 70 shares in the last quarter. Delta Asset Management LLC TN grew its stake in shares of PepsiCo by 0.6% in the 3rd quarter. Delta Asset Management LLC TN now owns 11,000 shares of the company’s stock worth $1,545,000 after purchasing an additional 70 shares during the last quarter. Finally, Westside Investment Management Inc. raised its holdings in shares of PepsiCo by 2.8% in the 3rd quarter. Westside Investment Management Inc. now owns 2,602 shares of the company’s stock worth $366,000 after purchasing an additional 70 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: Deutsche Bank kept a Buy rating on PEP and set a $169 target (down from $176), implying near-term upside and providing analyst support for the stock. PepsiCo Could Climb 10% to $169 as Deutsche Bank Rates the Stock a Buy
• Positive Sentiment: Market commentary is highlighting PepsiCo as a defensive “shield” during volatility — media pieces (Yahoo, Zacks) cite its stable snack/beverage portfolio and outperformance vs. the S&P YTD, which can support investor demand. Seeking Shields from Volatility? 2 Stocks Worth a Look
• Neutral Sentiment: McCormick’s deal for Unilever’s foods business is a notable industry consolidation that could shift competitive dynamics in packaged foods; the move is industry‑level news rather than a company‑specific catalyst for PepsiCo, but it’s worth monitoring for pricing/market-share effects. McCormick and Unilever’s foods business just announced a spicy merger
• Neutral Sentiment: PepsiCo is set to play a visible role at Sustainability LIVE: The US Summit, which may enhance ESG credibility and investor perception over time but is unlikely to move near‑term fundamentals materially. PepsiCo’s Sustainability Role At 2026 Summit And What It Means For Valuation
• Neutral Sentiment: Analyst and media comparisons to Coca‑Cola frame PepsiCo as a dividend/stability play (snacks + international exposure vs. KO’s beverage margins). Useful context for income investors but not a fresh catalyst. PepsiCo vs Coca-Cola: The Better Dividend Stock
• Neutral Sentiment: Smaller industry comparisons and company head‑to‑head pieces (e.g., vs. National Beverage) appear but are low impact for PEP’s near‑term price action. Head to Head Review: National Beverage vs. PepsiCo

PepsiCo Stock Down 1.0%

Shares of PepsiCo stock opened at $155.29 on Wednesday. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $171.48. The company has a market cap of $212.27 billion, a P/E ratio of 25.88, a P/E/G ratio of 3.00 and a beta of 0.39. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 2.06. The stock has a 50-day moving average price of $159.25 and a 200 day moving average price of $150.33.

PepsiCo (NASDAQ:PEP) last released its earnings results on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, beating the consensus estimate of $2.24 by $0.02. The company had revenue of $29.34 billion for the quarter, compared to analysts’ expectations of $28.96 billion. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The business’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.96 EPS. As a group, analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo declared that its board has approved a stock repurchase plan on Tuesday, February 3rd that authorizes the company to buyback $10.00 billion in outstanding shares. This buyback authorization authorizes the company to purchase up to 4.7% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its stock is undervalued.

PepsiCo Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 6th were given a dividend of $1.4225 per share. The ex-dividend date of this dividend was Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.7%. PepsiCo’s payout ratio is presently 94.83%.

Analyst Ratings Changes

PEP has been the subject of a number of research reports. TD Cowen raised their target price on shares of PepsiCo from $162.00 to $165.00 and gave the stock a “hold” rating in a report on Friday, February 20th. Wall Street Zen raised PepsiCo from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Wells Fargo & Company raised their price objective on PepsiCo from $154.00 to $165.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. HSBC boosted their target price on PepsiCo from $152.00 to $175.00 and gave the stock a “hold” rating in a research report on Thursday, February 5th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on PepsiCo from $176.00 to $169.00 and set a “buy” rating for the company in a research report on Monday. Eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, PepsiCo has an average rating of “Hold” and an average target price of $169.00.

PepsiCo 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.