Welch Group LLC Sells 3,417 Shares of PepsiCo, Inc. $PEP

Welch Group LLC reduced its stake in PepsiCo, Inc. (NASDAQ:PEP) by 1.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 326,764 shares of the company’s stock after selling 3,417 shares during the quarter. PepsiCo comprises 1.8% of Welch Group LLC’s holdings, making the stock its 27th largest position. Welch Group LLC’s holdings in PepsiCo were worth $46,897,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Three Bridge Wealth Advisors LLC raised its holdings in PepsiCo by 1.8% in the 3rd quarter. Three Bridge Wealth Advisors LLC now owns 3,870 shares of the company’s stock valued at $544,000 after acquiring an additional 68 shares during the period. Facet Wealth Inc. raised its holdings in PepsiCo by 3.2% in the 3rd quarter. Facet Wealth Inc. now owns 2,221 shares of the company’s stock valued at $312,000 after acquiring an additional 69 shares during the period. Hudock Inc. raised its holdings in PepsiCo by 1.0% in the 3rd quarter. Hudock Inc. now owns 7,079 shares of the company’s stock valued at $994,000 after acquiring an additional 70 shares during the period. Delta Asset Management LLC TN raised its holdings in PepsiCo by 0.6% in the 3rd quarter. Delta Asset Management LLC TN now owns 11,000 shares of the company’s stock valued at $1,545,000 after acquiring an additional 70 shares during the period. Finally, Westside Investment Management Inc. raised its holdings in PepsiCo by 2.8% in the 3rd quarter. Westside Investment Management Inc. now owns 2,602 shares of the company’s stock valued at $366,000 after acquiring an additional 70 shares during the period. 73.07% of the stock is owned by institutional investors.

PepsiCo Stock Performance

NASDAQ PEP opened at $158.38 on Friday. 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 firm has a market capitalization of $216.50 billion, a price-to-earnings ratio of 26.40, a P/E/G ratio of 2.99 and a beta of 0.40. The firm’s 50 day simple moving average is $160.05 and its 200 day simple moving average is $151.46. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $171.48.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings results on Thursday, April 16th. The company reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.06. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The business had revenue of $19.44 billion for the quarter, compared to analyst estimates of $18.89 billion. During the same quarter last year, the business posted $1.48 EPS. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.465-8.628 EPS. As a group, research analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year.

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

PepsiCo Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 6th were given a $1.4225 dividend. The ex-dividend date was Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.6%. PepsiCo’s dividend payout ratio (DPR) is currently 94.83%.

Analysts Set New Price Targets

PEP has been the topic of a number of analyst reports. Citigroup increased their target price on shares of PepsiCo from $170.00 to $182.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Evercore increased their target price on shares of PepsiCo from $152.00 to $165.00 in a research report on Wednesday, February 4th. JPMorgan Chase & Co. decreased their target price on shares of PepsiCo from $176.00 to $172.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 8th. UBS Group decreased their target price on shares of PepsiCo from $190.00 to $186.00 and set a “buy” rating on the stock in a research report on Tuesday, April 7th. Finally, Argus upgraded shares of PepsiCo to a “hold” rating in a research report on Tuesday, February 17th. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, PepsiCo has a consensus rating of “Hold” and a consensus price target of $168.16.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Q1 beat on both revenue and EPS — PepsiCo reported $19.44B in revenue (up 8.5% YoY) and $1.61 non-GAAP EPS, topping Street estimates and signaling broad-based demand strength. PEP Q1 Deep Dive
• Positive Sentiment: Price cuts are working — Promotional price cuts (up to ~15% on value snack SKUs) drove the first North America food volume growth in over two years and helped win back shoppers, supporting near-term top-line momentum. Food companies are finally cutting prices
• Positive Sentiment: Brand and product initiatives gaining traction — PepsiCo highlighted innovations (Gatorade repositioning, new snack SKUs, energy/prebiotic soda strength) that management says are expanding occasions and helping sales recover. PepsiCo Q1 2026 Earnings Call Highlights
• Positive Sentiment: Analyst and press reaction is supportive — Coverage emphasizes the food-segment turnaround and productivity gains; some outlets call PepsiCo a discounted Dividend King with long-term appeal after the sell-off. 3 Magnificent Dividend Stocks the Sell-Off Has Put on Sale
• Neutral Sentiment: Sector sentiment also lifted by smaller peers — Positive earnings and outlooks from beverage peers boosted beverage-sector sentiment, indirectly supporting PEP shares. Zevia (ZVIA) Stock Trades Up
• Negative Sentiment: Guidance and margin read — PepsiCo reaffirmed FY-2026 EPS guidance but its revenue range sits modestly below some consensus estimates, and inflation/competitive dynamics could pressure margins as price restatements continue. (Company guidance and press release summarized in earnings coverage.) PepsiCo tops quarterly revenue estimates

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.