MainStreet Investment Advisors LLC Sells 4,223 Shares of PepsiCo, Inc. $PEP

MainStreet Investment Advisors LLC lowered its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 5.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 67,230 shares of the company’s stock after selling 4,223 shares during the quarter. PepsiCo makes up approximately 1.3% of MainStreet Investment Advisors LLC’s holdings, making the stock its 24th biggest holding. MainStreet Investment Advisors LLC’s holdings in PepsiCo were worth $9,442,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Norges Bank bought a new stake in shares of PepsiCo during the second quarter valued at approximately $2,330,594,000. Laurel Wealth Advisors LLC boosted its position in PepsiCo by 14,420.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,890,688 shares of the company’s stock valued at $513,726,000 after buying an additional 3,863,893 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of PepsiCo by 9.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 29,031,404 shares of the company’s stock valued at $3,833,406,000 after buying an additional 2,556,163 shares during the period. Franklin Resources Inc. lifted its stake in shares of PepsiCo by 19.5% during the second quarter. Franklin Resources Inc. now owns 15,577,073 shares of the company’s stock valued at $2,056,797,000 after acquiring an additional 2,541,455 shares during the period. Finally, First Trust Advisors LP increased its position in PepsiCo by 112.6% in the second quarter. First Trust Advisors LP now owns 4,040,079 shares of the company’s stock worth $533,452,000 after purchasing an additional 2,139,847 shares during the period. 73.07% of the stock is owned by institutional investors.

PepsiCo Stock Up 0.2%

Shares of PepsiCo stock opened at $164.94 on Monday. The company has a market capitalization of $225.42 billion, a P/E ratio of 27.49, a price-to-earnings-growth ratio of 3.16 and a beta of 0.40. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.85 and a quick ratio of 0.67. The business has a 50-day moving average of $151.25 and a two-hundred day moving average of $148.03. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $171.48.

PepsiCo (NASDAQ:PEP) last posted its earnings results on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) 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 business had revenue of $29.34 billion during the quarter, compared to analysts’ expectations of $28.96 billion. During the same period in the prior year, the business earned $1.96 EPS. PepsiCo’s revenue for the quarter was up 5.6% compared to the same quarter last year. As a group, equities analysts predict that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo Dividend Announcement

The business also recently disclosed 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. This represents a $5.69 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Friday, March 6th. PepsiCo’s payout ratio is currently 94.83%.

PepsiCo announced that its Board of Directors has approved a share repurchase plan on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization permits the company to repurchase up to 4.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on PEP shares. Barclays raised their target price on shares of PepsiCo from $148.00 to $160.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $156.00 target price on shares of PepsiCo in a report on Wednesday, February 4th. Jefferies Financial Group increased their price target on PepsiCo from $163.00 to $164.00 and gave the company a “hold” rating in a research note on Tuesday, December 9th. Morgan Stanley lifted their price objective on PepsiCo from $165.00 to $180.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Finally, Piper Sandler increased their target price on PepsiCo from $161.00 to $172.00 and gave the company an “overweight” rating in a research note on Tuesday, December 9th. 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $168.00.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: US court blocks a proposed class action over snack pricing, removing a potential legal overhang and limiting near‑term liability risk for PepsiCo. PepsiCo, Frito-Lay win US court order barring class action in snack pricing lawsuit
• Positive Sentiment: New product and portfolio moves aim at faster growth: PepsiCo is pushing prebiotic cola and fiber‑forward snacks and expanding hydration offerings — moves intended to capture health‑conscious consumers and offset legacy snacking trends. PepsiCo Bets On Prebiotic Cola And Fiber Snacks To Sustain Growth
• Positive Sentiment: Marketing and distribution catalysts: PepsiCo rolled out its prebiotic soda nationwide and secured Mountain Dew Baja Blast as the official soft drink of MLB, both supporting brand reach and seasonal volume opportunities. PepsiCo’s prebiotic soda is now nationwide
• Positive Sentiment: TD Cowen nudged its price target modestly higher to $165 and kept a hold rating—a small analyst endorsement that supports the stock near current levels. TD Cowen adjusts price target on PepsiCo to $165
• Neutral Sentiment: Argus moved PepsiCo to a hold rating—reflecting steady fundamentals but limited upside from here. Argus upgrades PepsiCo to hold
• Neutral Sentiment: Industry coverage highlights PepsiCo alongside peers (Coke, Monster, Keurig) as companies navigating innovation and cost pressures; useful context but not a company‑specific catalyst. Zacks Industry Outlook Highlights
• Neutral Sentiment: Longer‑term consumer shifts from GLP‑1 weight‑loss drugs are a thematic risk for snack and beverage demand; PepsiCo is responding with healthier SKUs but the net impact is uncertain. Weight Loss Drugs Challenge Big Food As Diets Change
• Negative Sentiment: Zacks Research cut multiple near‑term and multi‑year EPS estimates (Q1–Q4 2026, FY2027/2028), trimming growth expectations and increasing downside risk to guidance sensitivity and valuation. (Zacks research note)

About PepsiCo

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.