PepsiCo (NASDAQ:PEP) Stock Unloaded Sen. Sheldon Whitehouse

Senator Sheldon Whitehouse (Democratic-Rhode Island) recently sold shares of PepsiCo, Inc. (NASDAQ:PEP). In a filing disclosed on April 08th, the Senator disclosed that they had sold between $1,001 and $15,000 in PepsiCo stock on March 30th.

Senator Sheldon Whitehouse also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Verizon Communications (NYSE:VZ) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Mastercard (NYSE:MA) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 1/9/2026.
• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 1/9/2026.
• Sold $15,001 – $50,000 in shares of McDonald’s (NYSE:MCD) on 1/9/2026.
• Sold $1,001 – $15,000 in shares of Starbucks (NASDAQ:SBUX) on 1/9/2026.

PepsiCo Stock Up 1.7%

NASDAQ:PEP traded up $2.69 during trading hours on Thursday, reaching $157.49. The company’s stock had a trading volume of 4,302,819 shares, compared to its average volume of 7,815,601. The company has a market capitalization of $215.28 billion, a P/E ratio of 26.25, a price-to-earnings-growth ratio of 3.03 and a beta of 0.40. PepsiCo, Inc. has a 12 month low of $127.60 and a 12 month high of $171.48. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.67 and a current ratio of 0.85. The stock has a 50 day moving average price of $160.34 and a two-hundred day moving average price of $150.88.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings data on Monday, February 2nd. The company reported $2.26 EPS for the quarter, topping analysts’ consensus estimates of $2.24 by $0.02. The company had revenue of $29.34 billion during the quarter, compared to the consensus estimate of $28.96 billion. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. PepsiCo’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.96 earnings per share. Equities analysts predict 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 paid a $1.4225 dividend. The ex-dividend date of this dividend was Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.6%. PepsiCo’s payout ratio is 94.83%.

PepsiCo declared that its Board of Directors has approved a share repurchase program on Tuesday, February 3rd that allows the company to repurchase $10.00 billion in shares. This repurchase authorization allows the company to reacquire up to 4.7% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

Institutional Investors Weigh In On PepsiCo

A number of large investors have recently made changes to their positions in the stock. J. Derek Lewis & Associates Inc. purchased a new stake in shares of PepsiCo during the fourth quarter valued at $240,000. Purpose Unlimited Inc. purchased a new stake in shares of PepsiCo during the fourth quarter valued at $632,000. Cornerstone Planning LLC purchased a new stake in shares of PepsiCo during the fourth quarter valued at $2,644,000. Rockefeller Capital Management L.P. grew its holdings in shares of PepsiCo by 3.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 735,926 shares of the company’s stock valued at $105,640,000 after buying an additional 22,497 shares during the last quarter. Finally, World Investment Advisors grew its holdings in shares of PepsiCo by 14.0% during the fourth quarter. World Investment Advisors now owns 55,460 shares of the company’s stock valued at $7,960,000 after buying an additional 6,830 shares during the last quarter. 73.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on PEP. UBS Group reduced their price objective on shares of PepsiCo from $190.00 to $186.00 and set a “buy” rating for the company in a research note on Tuesday. Argus raised shares of PepsiCo to a “hold” rating in a research note on Tuesday, February 17th. Evercore boosted their price objective on shares of PepsiCo from $152.00 to $165.00 in a research note on Wednesday, February 4th. BNP Paribas Exane set a $191.00 price objective on shares of PepsiCo in a research note on Wednesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on PepsiCo from $176.00 to $169.00 and set a “buy” rating on the stock in a research report on Monday, March 30th. 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 company’s stock. Based on data from MarketBeat.com, PepsiCo has a consensus rating of “Hold” and an average price target of $168.47.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Analysts see upside into the quarter — Zacks flags that PepsiCo has the elements for an earnings beat and growing EPS expectations ahead of Q1, which supports bullish positioning into results. Zacks: PepsiCo Earnings Expected to Grow
• Positive Sentiment: New product and pricing moves could help beverage momentum — PepsiCo is rolling out Dirty Mountain Dew nationally (RTD beverage expansion) while also cutting some snack prices to recover lost shelf space and volume, moves investors interpret as tactical fixes to reignite growth. Yahoo Finance: Dirty Mountain Dew & snack pricing
• Positive Sentiment: Analyst previews and technical setups point to a tactical bounce into earnings — commentary from Seeking Alpha and TipRanks highlights early signs of a North America turnaround and momentum that can lift shares near-term. Seeking Alpha preview TipRanks: Tactical bounce
• Positive Sentiment: Operational/ESG progress — PepsiCo commissioned retrofitted electric trucks in India, a small but favorable ESG/efficiency signal for long-term cost and sustainability objectives. electrive: electric trucks
• Neutral Sentiment: Big-bank target trims but mixed tone — JPMorgan trimmed its price target modestly (176?172) but kept an overweight rating; RBC cut its target to $163 and kept sector perform. These are mild recalibrations rather than outright downgrades. MarketScreener: JPMorgan MarketScreener: RBC
• Neutral Sentiment: Street expects roughly in?line Q1 results — BofA and others project Q1 to be largely in line, so upside will likely require clear signs of North America foods recovery. Yahoo Finance: BofA on Q1
• Negative Sentiment: Snack pricing missteps still weigh — multiple reports detail billions in lost sales after steep Doritos/Cheetos price hikes, prompting price cuts and shelf?space losses that hurt Frito?Lay margins and market value. This remains the principal risk to near-term revenue and sentiment. LA Times: Doritos pricing impact Fortune: Doritos price jump MSN: price cuts plan
• Negative Sentiment: Additional headwinds: UBS issued a pessimistic forecast and some customers (e.g., Marriott) have shifted away from PepsiCo in contracts, signaling reputational and commercial pressure. American Banking News: UBS bearish Hoodline: Marriott drops Pepsi

About Senator Whitehouse

Sheldon Whitehouse (Democratic Party) is a member of the U.S. Senate from Rhode Island. He assumed office on January 3, 2007. His current term ends on January 3, 2031.

Whitehouse (Democratic Party) ran for re-election to the U.S. Senate to represent Rhode Island. He won in the general election on November 5, 2024.

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.