MidFirst Bank Purchases New Position in PepsiCo, Inc. $PEP

MidFirst Bank acquired a new position in PepsiCo, Inc. (NASDAQ:PEP) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 9,383 shares of the company’s stock, valued at approximately $1,347,000.

Other hedge funds have also modified their holdings of the company. DGS Capital Management LLC increased its holdings in shares of PepsiCo by 35.6% in the 4th quarter. DGS Capital Management LLC now owns 3,284 shares of the company’s stock worth $471,000 after buying an additional 863 shares during the last quarter. Ketron Financial purchased a new position in PepsiCo in the fourth quarter worth about $7,638,000. Astoria Portfolio Advisors LLC. increased its stake in PepsiCo by 91.8% during the fourth quarter. Astoria Portfolio Advisors LLC. now owns 3,243 shares of the company’s stock worth $465,000 after acquiring an additional 1,552 shares during the last quarter. SG Trading Solutions LLC purchased a new stake in PepsiCo during the fourth quarter valued at approximately $3,618,000. Finally, Pacer Advisors Inc. raised its position in PepsiCo by 0.3% during the fourth quarter. Pacer Advisors Inc. now owns 565,191 shares of the company’s stock valued at $81,116,000 after purchasing an additional 1,768 shares during the period. 73.07% of the stock is owned by hedge funds and other institutional investors.

PepsiCo News Summary

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

Analysts Set New Price Targets

A number of equities analysts have recently commented on PEP shares. Barclays lifted their target price on PepsiCo from $154.00 to $158.00 and gave the stock an “equal weight” rating in a report on Monday, April 20th. JPMorgan Chase & Co. raised their price target on PepsiCo from $172.00 to $178.00 and gave the stock an “overweight” rating in a research report on Friday, April 17th. Piper Sandler cut their price objective on shares of PepsiCo from $181.00 to $178.00 and set an “overweight” rating on the stock in a research report on Friday, June 12th. Royal Bank Of Canada lowered their target price on shares of PepsiCo from $165.00 to $163.00 and set a “sector perform” rating for the company in a report on Thursday, April 9th. Finally, Wall Street Zen cut shares of PepsiCo from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th. Eight equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, PepsiCo has an average rating of “Hold” and an average target price of $167.10.

PepsiCo Price Performance

NASDAQ:PEP opened at $142.02 on Friday. The company has a market cap of $194.11 billion, a price-to-earnings ratio of 22.30, a price-to-earnings-growth ratio of 2.57 and a beta of 0.35. PepsiCo, Inc. has a twelve month low of $127.60 and a twelve month high of $171.48. The company has a current ratio of 0.90, a quick ratio of 0.72 and a debt-to-equity ratio of 1.98. The stock has a fifty day simple moving average of $149.90 and a 200-day simple moving average of $152.24.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings results on Wednesday, April 15th. The company reported $1.61 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 company had revenue of $19.44 billion for the quarter, compared to the consensus estimate of $18.89 billion. During the same quarter last year, the firm posted $1.48 EPS. The firm’s revenue was up 8.5% compared to the same quarter last year. Analysts anticipate that PepsiCo, Inc. will post 8.63 EPS for the current year.

PepsiCo Increases Dividend

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

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.