21,467 Shares in PepsiCo, Inc. $PEP Bought by Rayburn West Financial Services LLC

Rayburn West Financial Services LLC acquired a new position in shares of PepsiCo, Inc. (NASDAQ:PEP) in the 4th quarter, HoldingsChannel reports. The fund acquired 21,467 shares of the company’s stock, valued at approximately $3,081,000. PepsiCo makes up 1.9% of Rayburn West Financial Services LLC’s holdings, making the stock its 18th biggest holding.

A number of other hedge funds have also recently bought and sold shares of PEP. JCIC Asset Management Inc. bought a new stake in PepsiCo in the 3rd quarter valued at $27,000. MH & Associates Securities Management Corp ADV bought a new stake in PepsiCo in the 4th quarter valued at $29,000. Imprint Wealth LLC bought a new stake in PepsiCo in the 3rd quarter valued at $31,000. Strategic Advocates LLC bought a new stake in PepsiCo in the 3rd quarter valued at $33,000. Finally, Mowery & Schoenfeld Wealth Management LLC bought a new stake in PepsiCo in the 4th quarter valued at $33,000. 73.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

PEP has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft increased their price target on shares of PepsiCo from $169.00 to $173.00 and gave the company a “buy” rating in a report on Friday, April 17th. Argus raised shares of PepsiCo to a “hold” rating in a report on Tuesday, February 17th. TD Cowen increased their price target on shares of PepsiCo from $162.00 to $165.00 and gave the company a “hold” rating in a report on Friday, February 20th. The Goldman Sachs Group increased their price target on shares of PepsiCo from $180.00 to $183.00 and gave the company a “buy” rating in a report on Friday, April 17th. Finally, Morgan Stanley raised their price objective on shares of PepsiCo from $165.00 to $180.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $170.37.

PepsiCo Trading Down 1.7%

Shares of PepsiCo stock opened at $149.27 on Thursday. The stock has a market capitalization of $204.02 billion, a P/E ratio of 23.43, a price-to-earnings-growth ratio of 2.78 and a beta of 0.38. 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 company has a 50-day simple moving average of $155.88 and a 200 day simple moving average of $152.46. PepsiCo, Inc. has a 12-month low of $127.60 and a 12-month high of $171.48.

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

PepsiCo Increases Dividend

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

PepsiCo announced that its Board of Directors has initiated a share repurchase program on Tuesday, February 3rd that permits the company to buyback $10.00 billion in shares. This buyback authorization permits the company to buy up to 4.7% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.

Key Headlines Impacting PepsiCo

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 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.