Red Door Wealth Management LLC Has $6.04 Million Stake in PepsiCo, Inc. $PEP

Red Door Wealth Management LLC reduced its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 10.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 42,088 shares of the company’s stock after selling 4,747 shares during the quarter. Red Door Wealth Management LLC’s holdings in PepsiCo were worth $6,040,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. State Street Corp boosted its position in PepsiCo by 1.8% during the third quarter. State Street Corp now owns 59,499,819 shares of the company’s stock worth $8,356,155,000 after purchasing an additional 1,079,970 shares during the period. Invesco Ltd. raised its position in shares of PepsiCo by 7.6% in the third 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% during the 3rd quarter. Legal & General Group Plc now owns 8,902,664 shares of the company’s stock worth $1,250,290,000 after buying an additional 118,286 shares during the last quarter. Amundi boosted its holdings in shares of PepsiCo by 30.0% during the 3rd quarter. Amundi now owns 8,641,588 shares of the company’s stock worth $1,207,230,000 after buying an additional 1,995,362 shares during the period. Finally, Fisher Asset Management LLC grew its stake in PepsiCo by 2.0% in the 3rd quarter. Fisher Asset Management LLC now owns 8,112,038 shares of the company’s stock valued at $1,139,255,000 after buying an additional 155,636 shares during the last quarter. Institutional investors own 73.07% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. increased their price target on shares of PepsiCo from $164.00 to $176.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. Citigroup upped their target price on PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. TD Cowen increased their target price on PepsiCo from $162.00 to $165.00 and gave the stock a “hold” rating in a research note on Friday, February 20th. Royal Bank Of Canada boosted their price target on PepsiCo from $156.00 to $165.00 and gave the company a “sector perform” rating in a research note on Monday, March 2nd. Finally, Evercore upped their price objective on PepsiCo from $152.00 to $165.00 in a report on Wednesday, February 4th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $169.00.

PepsiCo Price Performance

NASDAQ PEP opened at $157.01 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 2.06. The company has a market cap of $214.62 billion, a price-to-earnings ratio of 26.17, a PEG ratio of 3.03 and a beta of 0.40. The company has a 50 day moving average of $159.91 and a 200-day moving average of $150.52. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $171.48.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) 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 business had revenue of $29.34 billion for the quarter, compared to the consensus estimate of $28.96 billion. During the same quarter in the prior year, the business posted $1.96 earnings per share. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. On average, equities research analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

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

PepsiCo announced that its Board of Directors has initiated a share repurchase program on Tuesday, February 3rd that permits the company to buyback $10.00 billion in outstanding shares. This buyback authorization permits the company to purchase up to 4.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s leadership believes its stock is undervalued.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: New product excitement: PepsiCo rolled out a highly anticipated soda flavor that has generated strong consumer buzz and social-media reaction, which can boost short-term retail demand and brand engagement. PepsiCo Just Dropped a Highly Anticipated Soda Flavor—and Fans Are ‘Screaming’ With Excitement
• Positive Sentiment: Brand refresh / marketing lift: PepsiCo began a Tostitos packaging and brand refresh — a low-capex way to refresh shelf appeal and support snack sales, especially ahead of seasonal demand. PepsiCo Begins Tostitos Brand Refresh, Introduces Updated Packaging
• Positive Sentiment: Income appeal remains intact: Coverage highlighting PepsiCo as one of three consistent dividend payers reinforces its defensive income profile for yield-seeking investors. That support can underwrite multiple expansions vs peers. 3 Consistent Dividend Payers Outperforming in 2026: VZ, PEP, MO
• Neutral Sentiment: Corporate reputation / leadership signal: A Fortune podcast feature highlighted PepsiCo as a “leadership factory” (ex-employee success stories), which supports long-term talent/operational strength but is more qualitative than immediately price-driving. 12 Fortune 500 CEOs worked for Pepsi. Delta’s Ed Bastian explains why it’s a leadership factory
• Neutral Sentiment: Emerging market commentary: A PepsiCo exec highlighted China’s dynamic consumer market — positive for growth narrative but not an immediate catalyst. PepsiCo executive highlights China’s dynamic consumer market
• Neutral Sentiment: Regional bottler news: PepsiCo bottler Varun Beverages set a record date for its final dividend — relevant to regional franchise economics but indirect for PEP shares. PepsiCo bottler Varun Beverages final dividend: Record date announced
• Negative Sentiment: Analyst trim / industry pressure: Deutsche Bank cut its PepsiCo price target (from $176 to $169) and warned of mounting industry pressures — a reminder that margin and volume dynamics could limit upside and may weigh on sentiment despite a Buy rating. Deutsche Bank Sees Mounting Industry Pressures, Trims PepsiCo (PEP) Target

About PepsiCo

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.