Triton Wealth Management PLLC Trims Position in PepsiCo, Inc. $PEP

Triton Wealth Management PLLC cut its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 65.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,998 shares of the company’s stock after selling 3,740 shares during the period. Triton Wealth Management PLLC’s holdings in PepsiCo were worth $287,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in PEP. JCIC Asset Management Inc. purchased a new position in shares of PepsiCo during the third quarter valued at approximately $27,000. MH & Associates Securities Management Corp ADV purchased a new position in shares of PepsiCo during the fourth quarter valued at approximately $29,000. Imprint Wealth LLC purchased a new position in shares of PepsiCo during the third quarter valued at approximately $31,000. Strategic Advocates LLC purchased a new position in shares of PepsiCo during the third quarter valued at approximately $33,000. Finally, Mowery & Schoenfeld Wealth Management LLC purchased a new stake in PepsiCo in the fourth quarter worth $33,000. 73.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on PEP. Citigroup upped their price target on PepsiCo from $170.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. The Goldman Sachs Group upped their price target on PepsiCo from $180.00 to $183.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PepsiCo in a research note on Wednesday, April 8th. UBS Group reduced their price target on PepsiCo from $190.00 to $186.00 and set a “buy” rating on the stock in a research note on Tuesday, April 7th. Finally, Piper Sandler upped their price target on PepsiCo from $172.00 to $181.00 and gave the stock an “overweight” rating in a research note on Thursday, March 12th. Eight investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, PepsiCo currently has a consensus rating of “Hold” and a consensus price target of $170.37.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Wall Street-focused coverage highlighted PepsiCo as one of the better stocks to own in falling markets, reinforcing its reputation as a defensive consumer staples name that can attract buyers during risk-off trading. Here’s Why Pepsi (PEP) is Among the 10 Best Stocks to Buy in Falling Markets According to Wall Street Analysts
• Positive Sentiment: PepsiCo announced a new collaboration with TalusAg to advance fertilizer decarbonization across its agricultural supply chain, which could support its ESG profile and appeal to sustainability-minded investors. PepsiCo’s Fertilizer Decarbonization Push And What It Means For Investors
• Neutral Sentiment: Separate coverage also noted PepsiCo’s sustainability push and public climate-action messaging, but this appears more like a long-term brand and operations story than an immediate stock catalyst. PepsiCo’s Fertilizer Decarbonization Push And What It Means For Investors
• Neutral Sentiment: New federal legislation on recycled-material claims could affect how PepsiCo markets packaging and sustainability claims, but the bill is still proposed and its financial impact is uncertain. New Bill: Representative Nicholas A. Langworthy introduces H.R. 7502: Recycled Materials Attribution Act of 2026

PepsiCo Price Performance

Shares of NASDAQ:PEP opened at $148.67 on Friday. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $171.48. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.90 and a quick ratio of 0.72. The business has a fifty day moving average price of $155.55 and a 200-day moving average price of $152.44. The company has a market capitalization of $203.20 billion, a PE ratio of 23.34, a PEG ratio of 2.74 and a beta of 0.38.

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

PepsiCo Increases Dividend

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

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

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.