Campbell Newman Asset Management Inc. Grows Stock Holdings in PepsiCo, Inc. $PEP

Campbell Newman Asset Management Inc. raised its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 1,928.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 191,736 shares of the company’s stock after acquiring an additional 182,282 shares during the quarter. PepsiCo comprises approximately 2.4% of Campbell Newman Asset Management Inc.’s portfolio, making the stock its 18th biggest holding. Campbell Newman Asset Management Inc.’s holdings in PepsiCo were worth $29,775,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Town & Country Bank & Trust CO dba First Bankers Trust CO increased its holdings in PepsiCo by 46.1% during the 1st quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 22,468 shares of the company’s stock worth $3,489,000 after acquiring an additional 7,087 shares during the period. Warren Street Wealth Advisors LLC purchased a new position in shares of PepsiCo during the 1st quarter valued at $216,000. Smith Salley Wealth Management increased its holdings in shares of PepsiCo by 3.8% in the first quarter. Smith Salley Wealth Management now owns 125,176 shares of the company’s stock worth $19,439,000 after purchasing an additional 4,547 shares during the period. Balboa Wealth Partners raised its position in shares of PepsiCo by 23.9% in the first quarter. Balboa Wealth Partners now owns 3,013 shares of the company’s stock worth $468,000 after buying an additional 582 shares in the last quarter. Finally, Forbes J M & Co. LLP boosted its stake in PepsiCo by 0.3% during the first quarter. Forbes J M & Co. LLP now owns 91,913 shares of the company’s stock valued at $14,273,000 after buying an additional 262 shares during the period. 73.07% of the stock is owned by institutional investors.

PepsiCo Price Performance

Shares of PepsiCo stock opened at $142.02 on Monday. The firm has a market capitalization of $194.11 billion, a PE ratio of 22.30, a price-to-earnings-growth ratio of 2.83 and a beta of 0.35. 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, Inc. has a 12 month low of $127.60 and a 12 month high of $171.48. The business’s 50-day moving average price is $149.90 and its 200-day moving average price is $152.26.

PepsiCo (NASDAQ:PEP) last issued its earnings results on Wednesday, April 15th. 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 return on equity of 56.61% and a net margin of 9.15%.The business had revenue of $19.44 billion during the quarter, compared to analyst estimates of $18.89 billion. During the same quarter in the prior year, the firm earned $1.48 earnings per share. PepsiCo’s revenue for the quarter was up 8.5% on a year-over-year basis. Sell-side analysts forecast that PepsiCo, Inc. will post 8.63 EPS for the current fiscal year.

PepsiCo Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th will be paid a $1.48 dividend. This is a positive change from PepsiCo’s previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, June 5th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.2%. PepsiCo’s dividend payout ratio is currently 92.94%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on PEP shares. Weiss Ratings restated a “hold (c)” rating on shares of PepsiCo in a research note on Wednesday, April 8th. Sanford C. Bernstein started coverage on PepsiCo in a report on Thursday, June 11th. They set a “market perform” rating and a $143.00 price objective for the company. Deutsche Bank Aktiengesellschaft lowered their target price on shares of PepsiCo from $173.00 to $168.00 and set a “buy” rating on the stock in a research note on Thursday. Piper Sandler cut their price target on shares of PepsiCo from $181.00 to $178.00 and set an “overweight” rating for the company in a research note on Friday, June 12th. Finally, Royal Bank Of Canada lowered their price objective on shares of PepsiCo from $165.00 to $163.00 and set a “sector perform” rating on the stock in a research report on Thursday, April 9th. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $167.10.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s management is being spotlighted for using AI and digital tools to improve operations, strengthen food-system resilience, and support a broader global transformation strategy, which could bolster long-term efficiency and growth. Building a Lighthouse Company: Athina Kanioura on Leading PepsiCo’s Global Transformation
• Positive Sentiment: PepsiCo is also being discussed as a beneficiary of AI adoption across food and beverage companies, which may support productivity and growth initiatives over time. PepsiCo, Danone & Nestlé: how AI is powering F&B growth
• Positive Sentiment: A new Doritos Loaded commercial featuring Gordon Ramsay and Formula 1 driver George Russell underscores PepsiCo’s willingness to spend on high-profile marketing to support snack brand visibility and demand. PepsiCo: Doritos Loaded Unveils High-Octane Commercial Starring Chef Gordon Ramsay And Mercedes-AMG Petronas F1 Driver George Russell
• Neutral Sentiment: Several recent commentary pieces focus on PepsiCo’s valuation and dividend appeal, with one suggesting the shares may trade below fair value while another argues for caution and calls the stock a possible sell, leaving investor sentiment mixed. PepsiCo (PEP) Stock Could Be 46.9% Below Fair Value as Views Split
• Neutral Sentiment: PepsiCo remains a frequent feature in dividend-investing discussions, reinforcing its reputation as a defensive income stock rather than signaling a new catalyst. PepsiCo: Scoop Up This Dividend Growth Legend Now
• Negative Sentiment: Bearish market commentary argues PepsiCo has lagged the broader market since late 2025, which may weigh on sentiment if investors continue to favor faster-growing alternatives. 3 Reasons to Sell PEP and 1 Stock to Buy Instead

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.