PepsiCo, Inc. $PEP Stake Cut by Simmons Bank

Simmons Bank cut its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 23.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 48,187 shares of the company’s stock after selling 14,538 shares during the period. Simmons Bank’s holdings in PepsiCo were worth $6,916,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. Berkeley Capital Partners LLC lifted its stake in PepsiCo by 2.3% during the fourth quarter. Berkeley Capital Partners LLC now owns 5,433 shares of the company’s stock worth $780,000 after purchasing an additional 120 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. lifted its stake in PepsiCo by 225.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 4,283 shares of the company’s stock worth $665,000 after purchasing an additional 2,965 shares during the last quarter. Western Wealth Management LLC lifted its stake in PepsiCo by 23.4% during the fourth quarter. Western Wealth Management LLC now owns 13,365 shares of the company’s stock worth $1,918,000 after purchasing an additional 2,533 shares during the last quarter. Allworth Financial LP lifted its stake in PepsiCo by 49.3% during the fourth quarter. Allworth Financial LP now owns 120,085 shares of the company’s stock worth $17,235,000 after purchasing an additional 39,669 shares during the last quarter. Finally, Rayburn West Financial Services LLC bought a new stake in PepsiCo in the fourth quarter valued at $3,081,000. 73.07% of the stock is currently owned by institutional investors.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Rothschild & Co Redburn reportedly issued a positive forecast for PepsiCo, which can support sentiment around the stock. Rothschild & Co Redburn Issues Positive Forecast for PepsiCo (NASDAQ:PEP) Stock Price
• Positive Sentiment: PepsiCo is being recognized for using retailer data to improve product launch execution, a sign it may be becoming more efficient at bringing new products to market. How PepsiCo Used Walmart’s Data to Rethink Launch Playbook
• Neutral Sentiment: PepsiCo executive Eugene Willemsen discussed meeting Chinese consumers’ demand for more experiential beverage offerings, highlighting ongoing international product strategy. PepsiCo’s Eugene Willemsen on meeting Chinese consumers’ demand for experiential beverage experience
• Neutral Sentiment: PepsiCo is featured in a sustainability summit speaker lineup, which is more of a corporate profile item than a direct stock catalyst. Major Global Brands Join Sustainability LIVE at London Climate Action Week 2026
• Negative Sentiment: Elliott Investment Management has built a reported $4 billion stake in PepsiCo and is pushing for operational changes, with North American snack and beverage margins in focus. That activist pressure can increase uncertainty around management strategy and signal the market sees room for improvement. Elliott’s US$4b PepsiCo Stake Puts North American Margins In Focus
• Negative Sentiment: Coverage around PepsiCo’s brand makeover and efforts to escape the “cola orbit” suggests the company is still working to reaccelerate growth, which may keep investors focused on execution risk. Pepsico’s brand makeover designed to escape the cola orbit

PepsiCo Price Performance

Shares of NASDAQ PEP opened at $149.27 on Thursday. PepsiCo, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $171.48. The firm’s 50-day simple moving average is $155.88 and its 200 day simple moving average is $152.46. The company has a quick ratio of 0.72, a current ratio of 0.90 and a debt-to-equity ratio of 1.98. The stock has a market cap of $204.02 billion, a P/E ratio of 23.43, a P/E/G ratio of 2.78 and a beta of 0.38.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings data on Wednesday, April 15th. The company reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $0.06. PepsiCo had a net margin of 9.15% and a return on equity of 56.61%. The business had revenue of $19.44 billion for the quarter, compared to analysts’ expectations of $18.89 billion. During the same period in the previous year, the business earned $1.48 earnings per share. The company’s revenue was up 8.5% on a year-over-year basis. Equities analysts expect that PepsiCo, Inc. will post 8.63 EPS for the current year.

PepsiCo announced that its Board of Directors has authorized a share 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 typically an indication that the company’s leadership believes its shares are undervalued.

PepsiCo Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, June 5th will be paid a dividend of $1.48 per share. This is an increase from PepsiCo’s previous quarterly dividend of $1.42. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Friday, June 5th. PepsiCo’s dividend payout ratio (DPR) is presently 89.32%.

Analyst Ratings Changes

A number of research firms have issued reports on PEP. Citigroup raised their target price on PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Rothschild & Co Redburn raised their target price on PepsiCo from $130.00 to $132.00 in a research note on Monday. TD Cowen raised their target price on PepsiCo from $162.00 to $165.00 and gave the company a “hold” rating in a research note on Friday, February 20th. HSBC raised their target price on PepsiCo from $175.00 to $176.00 and gave the company a “hold” rating in a research note on Friday, April 17th. Finally, The Goldman Sachs Group raised their target price on PepsiCo from $180.00 to $183.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Eight research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $170.37.

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.