Banque Cantonale Vaudoise Grows Position in PepsiCo, Inc. $PEP

Banque Cantonale Vaudoise raised its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 49.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,649 shares of the company’s stock after purchasing an additional 5,178 shares during the period. Banque Cantonale Vaudoise’s holdings in PepsiCo were worth $2,430,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in PepsiCo during the fourth quarter valued at about $26,000. Swiss RE Ltd. purchased a new position in shares of PepsiCo in the 4th quarter worth about $28,000. MH & Associates Securities Management Corp ADV acquired a new position in shares of PepsiCo in the 4th quarter valued at about $29,000. Imprint Wealth LLC acquired a new position in shares of PepsiCo in the 3rd quarter valued at about $31,000. Finally, Strategic Advocates LLC purchased a new stake 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 Trading Down 1.9%

PEP opened at $139.52 on Friday. The firm’s 50 day moving average is $148.66 and its 200-day moving average is $152.09. PepsiCo, Inc. has a 52-week low of $127.60 and a 52-week 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 firm has a market capitalization of $190.69 billion, a P/E ratio of 21.90, a P/E/G ratio of 2.83 and a beta of 0.35.

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

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 paid a $1.48 dividend. This represents a $5.92 annualized dividend and a dividend yield of 4.2%. This is a positive change from PepsiCo’s previous quarterly dividend of $1.42. The ex-dividend date is Friday, June 5th. PepsiCo’s payout ratio is presently 92.94%.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo remains a long-term income favorite, with a 54-year streak of dividend increases that reinforces its defensive profile for investors. The upcoming earnings report will be watched to see whether that streak can continue. Buy This Dividend King with a 54-Year Streak Before July 9
• Positive Sentiment: Citigroup kept a buy rating on PepsiCo while lowering its target price to $170 from $182, implying meaningful upside from current levels despite the reduction. Citigroup price target update
• Neutral Sentiment: Bank of America cut its price target to $164 from $173 and maintained a neutral stance, citing slower PFNA recovery. That suggests the stock still has upside potential, but near-term recovery may be slower than hoped. Bank of America target cut and neutral rating
• Neutral Sentiment: Wall Street is looking for PepsiCo’s Q2 2026 earnings to show only modest EPS growth, so the upcoming report could be a key catalyst if results or guidance surprise in either direction. PepsiCo’s Q2 2026 Earnings: What to Expect
• Neutral Sentiment: News that Hershey hired a former PepsiCo executive for a U.S. president role is more of an executive-mobility story than a direct operating issue for PepsiCo, so it likely has limited immediate stock impact. Hershey taps PepsiCo executive for US president role
• Negative Sentiment: PepsiCo’s stock has been weakening recently, and multiple articles point to investor caution ahead of earnings and pressure from valuation concerns, which helps explain the downside in the shares. PepsiCo stock weighing DCF upside against recent share price weakness

Analyst Ratings Changes

Several research analysts recently commented on the stock. Evercore raised their price target on shares of PepsiCo from $165.00 to $170.00 in a report on Friday, April 17th. The Goldman Sachs Group boosted their price objective on shares of PepsiCo from $180.00 to $183.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Wells Fargo & Company cut their target price on shares of PepsiCo from $160.00 to $150.00 and set an “equal weight” rating on the stock in a research note on Friday, June 5th. Weiss Ratings restated a “hold (c)” rating on shares of PepsiCo in a report on Wednesday, April 8th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of PepsiCo from $173.00 to $168.00 and set a “buy” rating for the company in a research report on Thursday, June 18th. Eight 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. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $166.85.

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.