Violich Capital Management Inc. Has $10.48 Million Holdings in PepsiCo, Inc. $PEP

Violich Capital Management Inc. lowered its stake in PepsiCo, Inc. (NASDAQ:PEP) by 4.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 73,006 shares of the company’s stock after selling 3,389 shares during the period. PepsiCo makes up approximately 1.2% of Violich Capital Management Inc.’s holdings, making the stock its 19th biggest position. Violich Capital Management Inc.’s holdings in PepsiCo were worth $10,478,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JCIC Asset Management Inc. acquired a new stake in shares of PepsiCo in the third quarter worth about $27,000. MH & Associates Securities Management Corp ADV acquired a new position in shares of PepsiCo during the 4th quarter worth about $29,000. Imprint Wealth LLC acquired a new position in shares of PepsiCo during the 3rd quarter worth about $31,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of PepsiCo during the 4th quarter worth about $33,000. Finally, Strategic Advocates LLC acquired a new position in shares of PepsiCo during the 3rd quarter worth about $33,000. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Board approved a quarterly dividend of $1.48 (4% increase) with an ex?dividend date of June 5 — raises income yield and supports PEP’s income?oriented investor appeal. PepsiCo Declares Quarterly Dividend
• Positive Sentiment: Analyst write?ups highlight PepsiCo’s 6?month share gain and management’s focus on international growth, product innovation and disciplined cost management while reaffirming 2026 outlook — gives investors confidence in near?term earnings stability. PepsiCo Stock Rises 9.4% in 6 Months
• Positive Sentiment: PepsiCo advanced its farm?emissions work by agreeing to use low?carbon ammonia attribute transactions (tokenized environmental attributes) with TalusAg — a supply?chain move that can reduce regulatory and transition risks in key agricultural inputs. PepsiCo and TalusAg agreement
• Positive Sentiment: Distribution win: Subway rolled out Poppi prebiotic sodas nationwide — a tangible commercialization boost for PepsiCo’s smaller beverage portfolio and a path to incremental revenue. Subway rolls out Poppi
• Positive Sentiment: PepsiCo’s distribution/partnership with Celsius is helping Celsius post strong revenue growth — underscores PepsiCo’s ability to scale faster?growing beverage partners and monetize distribution relationships. Celsius growth with PepsiCo partnership
• Neutral Sentiment: Suja Life’s weak Nasdaq debut (shares down ~14%) highlights investor selectivity in the healthy?beverage IPO market — a reminder that smaller challenger brands face market scrutiny even as big players acquire / partner. Suja Life IPO
• Neutral Sentiment: Additional Europe?focused low?carbon fertilizer work (Fertiberia case study) reinforces PepsiCo’s multi?track approach to agricultural emissions — strategically positive long term but slow to monetize. PepsiCo and Fertiberia
• Negative Sentiment: PETA activists staged protests at PepsiCo HQ over alleged bull labor in sugar harvesting — a reputational headline that could draw NGO and consumer scrutiny; material impact is uncertain but worth monitoring for supply?chain disclosures. PETA protest at PepsiCo HQ
• Negative Sentiment: Competitive context: Coca?Cola continues to outperform Pepsi in some metrics and remains a core holding for large investors — ongoing competition may pressure relative multiple expansion for PEP. Coke vs Pepsi performance

PepsiCo Trading Up 0.2%

PEP stock opened at $156.29 on Friday. The firm has a market cap of $213.61 billion, a P/E ratio of 24.54, a P/E/G ratio of 2.86 and a beta of 0.38. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $171.48. The business’s 50 day moving average is $157.25 and its 200-day moving average is $152.50. The company has a current ratio of 0.90, a quick ratio of 0.72 and a debt-to-equity ratio of 1.98.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings results on Thursday, April 16th. The company reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.55 by $0.06. The business had revenue of $19.44 billion for the quarter, compared to analyst estimates of $18.89 billion. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.PepsiCo’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.48 EPS. PepsiCo has set its FY 2026 guidance at 8.465-8.628 EPS. Equities analysts anticipate that PepsiCo, Inc. will post 8.63 earnings per share for the current fiscal year.

PepsiCo announced that its board has approved a share buyback program on Tuesday, February 3rd that allows the company to buyback $10.00 billion in outstanding shares. This buyback authorization allows the company to repurchase up to 4.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

PepsiCo Increases Dividend

The firm also recently declared 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 a boost 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 yield of 3.8%. PepsiCo’s dividend payout ratio is currently 89.32%.

Wall Street Analyst Weigh In

PEP has been the subject of several research analyst reports. The Goldman Sachs Group boosted their price objective on PepsiCo from $180.00 to $183.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Barclays upped their price target on PepsiCo from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Monday, April 20th. Piper Sandler upped their price target on PepsiCo from $172.00 to $181.00 and gave the company an “overweight” rating in a report on Thursday, March 12th. Wall Street Zen cut PepsiCo from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Finally, Evercore upped their price target on PepsiCo from $165.00 to $170.00 in a report on Friday, April 17th. 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 stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $170.26.

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.