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

Violich Capital Management Inc. decreased its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 4.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 73,006 shares of the company’s stock after selling 3,389 shares during the quarter. PepsiCo makes up approximately 1.2% of Violich Capital Management Inc.’s investment portfolio, making the stock its 19th biggest position. Violich Capital Management Inc.’s holdings in PepsiCo were worth $10,478,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in PepsiCo by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company’s stock worth $19,875,205,000 after buying an additional 1,612,652 shares in the last quarter. State Street Corp lifted its stake in shares of PepsiCo by 1.8% in the 3rd quarter. State Street Corp now owns 59,499,819 shares of the company’s stock valued at $8,356,155,000 after purchasing an additional 1,079,970 shares during the period. Invesco Ltd. lifted its stake in shares of PepsiCo by 7.6% in the 3rd quarter. Invesco Ltd. now owns 13,617,747 shares of the company’s stock valued at $1,912,476,000 after purchasing an additional 958,701 shares during the period. Legal & General Group Plc lifted its stake in shares of PepsiCo by 1.3% in the 3rd quarter. Legal & General Group Plc now owns 8,902,664 shares of the company’s stock valued at $1,250,290,000 after purchasing an additional 118,286 shares during the period. Finally, Amundi lifted its stake in shares of PepsiCo by 30.0% in the 3rd quarter. Amundi now owns 8,641,588 shares of the company’s stock valued at $1,207,230,000 after purchasing an additional 1,995,362 shares during the period. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Trading Up 0.2%

Shares of PepsiCo stock opened at $156.29 on Friday. PepsiCo, Inc. has a 12-month low of $127.60 and a 12-month high of $171.48. 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 business’s 50 day moving average is $157.25 and its 200-day moving average is $152.50. The stock 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 (NASDAQ:PEP) last posted its quarterly earnings results on Thursday, April 16th. The company reported $1.61 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $19.44 billion for the quarter, compared to analyst estimates of $18.89 billion. During the same period in the prior year, the firm posted $1.48 earnings per share. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.465-8.628 EPS. Equities research analysts predict that PepsiCo, Inc. will post 8.63 earnings per share for the current fiscal year.

PepsiCo declared that its board has approved a share repurchase program on Tuesday, February 3rd that allows the company to buyback $10.00 billion in shares. This buyback authorization allows the company to reacquire up to 4.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its stock is 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 issued a dividend of $1.48 per share. The ex-dividend date is Friday, June 5th. 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 yield of 3.8%. PepsiCo’s dividend payout ratio is 89.32%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on PEP shares. Piper Sandler increased their price target on PepsiCo from $172.00 to $181.00 and gave the company an “overweight” rating in a research note on Thursday, March 12th. UBS Group cut 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. Wells Fargo & Company increased their price target on PepsiCo from $154.00 to $165.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Evercore increased their price target on PepsiCo from $165.00 to $170.00 in a research note on Friday, April 17th. Finally, JPMorgan Chase & Co. raised their price objective on PepsiCo from $172.00 to $178.00 and gave the stock an “overweight” rating in a research note on Friday, April 17th. Eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $170.26.

Trending Headlines about PepsiCo

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 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.