PepsiCo, Inc. $PEP Shares Sold by Talbot Financial LLC

Key Points

• Talbot Financial LLC cut its stake in PepsiCo by 91.7% in Q4, selling 73,874 shares and leaving it with 6,691 shares worth about $960,000.
• PepsiCo's board authorized a $10.00 billion share buyback (≈4.7% of shares) and the company recently paid a quarterly dividend of $1.4225 (annualized $5.69) for a 3.6% yield.
• PepsiCo slightly beat Q4 EPS expectations ($2.26 vs. $2.24) with revenue up 5.6% year-over-year, while analysts collectively rate the stock a consensus "Hold" with a $169 average price target.

Talbot Financial LLC cut its stake in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 91.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,691 shares of the company's stock after selling 73,874 shares during the quarter. Talbot Financial LLC's holdings in PepsiCo were worth $960,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in PEP. Evolution Wealth Management Inc. acquired a new position in shares of PepsiCo during the second quarter worth about $27,000. JCIC Asset Management Inc. acquired a new position in shares of PepsiCo during the third quarter worth about $27,000. Imprint Wealth LLC acquired a new position in shares of PepsiCo during the third quarter worth about $31,000. Halbert Hargrove Global Advisors LLC grew its position in shares of PepsiCo by 667.7% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company's stock worth $33,000 after buying an additional 207 shares in the last quarter. Finally, Strategic Advocates LLC acquired a new position in shares of PepsiCo during the third quarter worth about $33,000. 73.07% of the stock is owned by institutional investors and hedge funds.

PepsiCo Trading Down 0.2%

Shares of PEP stock opened at $156.73 on Tuesday. The business's fifty day moving average price is $160.13 and its 200 day moving average price is $150.77. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $171.48. The firm has a market capitalization of $214.24 billion, a PE ratio of 26.12, a P/E/G ratio of 3.03 and a beta of 0.40. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.85 and a quick ratio of 0.67.

PepsiCo (NASDAQ:PEP - Get Free Report) last announced its quarterly earnings data on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, topping analysts' consensus estimates of $2.24 by $0.02. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The firm had revenue of $29.34 billion for the quarter, compared to analyst estimates of $28.96 billion. During the same quarter in the prior year, the company posted $1.96 earnings per share. PepsiCo's quarterly revenue was up 5.6% on a year-over-year basis. As a group, sell-side analysts forecast that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 6th were issued a dividend of $1.4225 per share. This represents a $5.69 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Friday, March 6th. PepsiCo's dividend payout ratio is currently 94.83%.

PepsiCo announced that its board has authorized a stock buyback plan on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization permits the company to reacquire up to 4.7% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its shares are undervalued.

Analyst Ratings Changes

Several research firms recently weighed in on PEP. Royal Bank Of Canada boosted their target price on PepsiCo from $156.00 to $165.00 and gave the stock a "sector perform" rating in a research note on Monday, March 2nd. Jefferies Financial Group boosted their target price on PepsiCo from $163.00 to $164.00 and gave the stock a "hold" rating in a research note on Tuesday, December 9th. Wall Street Zen upgraded PepsiCo from a "hold" rating to a "buy" rating in a research note on Saturday, March 7th. Barclays boosted their target price on PepsiCo from $148.00 to $160.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 4th. Finally, Citigroup boosted their target price on PepsiCo from $170.00 to $182.00 and gave the stock a "buy" rating in a research note on Wednesday, February 4th. Eight equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $169.00.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Zacks and other outlets are featuring PepsiCo as a steady, income-oriented idea in 2026, highlighting steady cash flow and defensive qualities that can support the stock over time. Zacks Investment Ideas feature highlights: Altria, Verizon Communications and PepsiCo
• Positive Sentiment: PepsiCo completed a small disposal of a New Jersey warehouse for $4.7M, a modest but positive cash/inventory cleanup move that trims non-core real estate. PepsiCo sells NJ warehouse to family-owned fire protection firm in $4.7M deal
• Positive Sentiment: Analyst and media pieces (e.g., 247WallStreet) are revisiting PepsiCo’s turnaround narrative — noting progress on revenue/organic growth and arguing the stock may be attractive after 2025 volatility. This supports a longer-term constructive view. Is the Pepsico Turnaround Story Finally Worth Buying?
• Neutral Sentiment: News about Varun Beverages (a PepsiCo bottler) going ex-dividend is being reported — it affects the regional bottling group and local shareholder returns but is not a direct corporate catalyst for PEP. Varun Beverages Dividend: Shares of PepsiCo bottler to trade ex-date soon for final dividend, check amount
• Neutral Sentiment: Macro commentary (BCA Research) urges caution and not adding risk as energy/geo risks alter market tone — a background factor that keeps defensive names like PepsiCo in focus but can compress broader multiples. Here’s why you shouldn’t add risk to your portfolio, according to BCA
• Negative Sentiment: PepsiCo withdrew/dropped sponsorship of a U.K. music festival headlined by Kanye West after the booking, generating negative headlines and short-term reputational/marketing uncertainty that likely pressured the stock today. Multiple outlets covered the pullback. PepsiCo, Diageo Drop Sponsorship of Kanye West-Headlined U.K. Music Festival
• Negative Sentiment: Sector dynamics: Coca‑Cola’s shift from pricing-led growth toward volume recovery highlights affordability pressure in beverages — a sign the category may face demand sensitivity if consumers push back on price, which is a headwind for PepsiCo’s near-term volumes/mix. Can Coca-Cola Balance Pricing, Affordability in Soft Macro Backdrop?

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.

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