King Luther Capital Management Corp Cuts Stock Holdings in PepsiCo, Inc. $PEP

King Luther Capital Management Corp lowered its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 0.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 833,148 shares of the company’s stock after selling 3,760 shares during the quarter. King Luther Capital Management Corp owned 0.06% of PepsiCo worth $119,573,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. MH & Associates Securities Management Corp ADV purchased a new stake in shares of PepsiCo during the fourth quarter worth $29,000. Imprint Wealth LLC purchased a new position in PepsiCo in the third quarter valued at $31,000. Strategic Advocates LLC purchased a new position in PepsiCo in the third quarter valued at $33,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in PepsiCo in the fourth quarter valued at $33,000. Finally, Highline Wealth Partners LLC increased its holdings in PepsiCo by 56.3% in the fourth quarter. Highline Wealth Partners LLC now owns 250 shares of the company’s stock valued at $36,000 after buying an additional 90 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on PEP shares. Rothschild & Co Redburn increased their target price on PepsiCo from $130.00 to $132.00 in a report on Monday, May 11th. Evercore increased their target price on PepsiCo from $165.00 to $170.00 in a report on Friday, April 17th. Piper Sandler increased their target price on PepsiCo from $172.00 to $181.00 and gave the company an “overweight” rating in a report on Thursday, March 12th. Citigroup increased their target price on PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Finally, BNP Paribas Exane increased their target price on PepsiCo from $191.00 to $195.00 and gave the company an “outperform” rating in a report on Friday, April 17th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $170.11.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s innovation push in functional snacks, better-for-you drinks, and refreshed core brands could help reaccelerate growth in 2026 if execution improves. Can PepsiCo’s Innovation Push Reignite its Growth in 2026?
• Positive Sentiment: Industry commentary says PepsiCo has pricing power and brand strength to navigate tariff and cost pressures, which supports the long-term earnings outlook. Zacks Industry Outlook Highlights Coca-Cola, PepsiCo, Monster Beverage, Fomento Economico Mexicano and Vita Coco
• Neutral Sentiment: PepsiCo’s CPO comments about hiring agile, curious employees in the AI era point to a shift in talent strategy, but this is unlikely to move the stock much by itself. The use of AI in food NPD is changing
• Neutral Sentiment: Analysts have slightly trimmed PepsiCo’s fair value estimate while others raised targets, signaling a mixed but still broadly constructive outlook. How The PepsiCo (PEP) Story Is Shifting As Analysts Rework Targets And Assumptions
• Negative Sentiment: PepsiCo stock underperformed peers, reinforcing concerns that investors are rotating away from the name amid slower sentiment and competitive worries. PepsiCo Inc. stock underperforms Tuesday when compared to competitors
• Negative Sentiment: A new Walmart soda line adds another competitor in a market where younger consumers are increasingly buying functional beverages, which could pressure Pepsi’s share. New Walmart soda line takes on Coca-Cola and PepsiCo
• Negative Sentiment: Planned snack price increases could support margins, but they also highlight ongoing input-cost pressure and may risk demand softness if consumers trade down. Bloomberg Reports PepsiCo Preparing New Snack Price Increases for Late June

PepsiCo Stock Performance

NASDAQ PEP opened at $145.68 on Wednesday. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.90 and a quick ratio of 0.72. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $171.48. The company has a market capitalization of $199.11 billion, a PE ratio of 22.87, a P/E/G ratio of 2.73 and a beta of 0.38. The company has a fifty day moving average of $153.72 and a two-hundred day moving average of $152.59.

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

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

PepsiCo Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, June 5th will be paid a $1.48 dividend. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. This represents a $5.92 annualized dividend and a yield of 4.1%. The ex-dividend date is Friday, June 5th. PepsiCo’s payout ratio is currently 92.94%.

PepsiCo 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.