Kerusso Capital Management LLC Buys 6,686 Shares of PepsiCo, Inc. $PEP

Kerusso Capital Management LLC lifted its position in PepsiCo, Inc. (NASDAQ:PEP) by 25.6% during the 4th quarter, Holdings Channel reports. The firm owned 32,852 shares of the company’s stock after buying an additional 6,686 shares during the quarter. PepsiCo makes up 2.2% of Kerusso Capital Management LLC’s investment portfolio, making the stock its 12th biggest holding. Kerusso Capital Management LLC’s holdings in PepsiCo were worth $4,715,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. JCIC Asset Management Inc. acquired a new stake in shares of PepsiCo during the third quarter worth approximately $27,000. MH & Associates Securities Management Corp ADV acquired a new position in shares of PepsiCo in the 4th quarter worth approximately $29,000. Imprint Wealth LLC bought a new stake in PepsiCo during the 3rd quarter worth approximately $31,000. Halbert Hargrove Global Advisors LLC increased its holdings in PepsiCo by 667.7% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock valued at $33,000 after purchasing an additional 207 shares in the last quarter. Finally, Strategic Advocates LLC acquired a new stake in PepsiCo during the 3rd quarter valued at $33,000. 73.07% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

PEP has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. boosted their price objective on PepsiCo from $172.00 to $178.00 and gave the stock an “overweight” rating in a research note on Friday, April 17th. Rothschild & Co Redburn lifted their price target on PepsiCo from $120.00 to $130.00 and gave the company a “sell” rating in a report on Tuesday, February 10th. Barclays upped their price target on shares of PepsiCo from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Monday. TD Cowen increased their price objective on shares of PepsiCo from $162.00 to $165.00 and gave the stock a “hold” rating in a report on Friday, February 20th. Finally, Piper Sandler boosted their target price on shares of PepsiCo from $172.00 to $181.00 and gave the stock an “overweight” rating in a research note on Thursday, March 12th. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $170.26.

PepsiCo Stock Up 1.2%

Shares of NASDAQ PEP opened at $155.70 on Friday. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $171.48. The firm’s 50-day moving average is $158.82 and its 200-day moving average is $151.95. 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 firm has a market capitalization of $212.81 billion, a PE ratio of 24.44, a price-to-earnings-growth ratio of 2.82 and a beta of 0.40.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings results on Thursday, April 16th. The company reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $0.06. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The company had revenue of $19.44 billion for the quarter, compared to the consensus estimate of $18.89 billion. During the same quarter in the prior year, the business posted $1.48 EPS. The firm’s quarterly revenue was up 8.5% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.465-8.628 EPS. Equities analysts expect that PepsiCo, Inc. will post 8.63 EPS for the current year.

PepsiCo declared that its Board of Directors has authorized 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 repurchase up to 4.7% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

PepsiCo Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 6th were issued a dividend of $1.4225 per share. The ex-dividend date was Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.7%. PepsiCo’s payout ratio is currently 89.32%.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Strategic AI partnership with Google Cloud announced to accelerate AI across PepsiCo’s supply chain and operations—investors view this as a productivity and margin catalyst that supports faster insight-to-action at scale. PepsiCo Deepens AI Capabilities with Google Cloud
• Positive Sentiment: Coverage by Benzinga highlighted the Google Cloud deal as a near-term reason for share gains, linking the partnership directly to investors’ improved view on PepsiCo’s supply-chain and AI-driven efficiency plans. PepsiCo Gains As Google Cloud Partnership Boosts AI, Supply Chain Plans
• Positive Sentiment: Jim Cramer mentioned an upcoming Pepsi product as “potentially hot,” bringing retail attention and short‑term sentiment lift; media mentions from high-profile commentators can amplify buying interest. Jim Cramer Reveals Potentially Hot Upcoming Pepsi (PEP) Product
• Positive Sentiment: Gatorade launched a global “Is It In You?” football campaign ahead of major competitions—an aggressive marketing push for a core brand that can support volume and international momentum. GATORADE ASSERTS THERE ARE NO SHORTCUTS TO GREATNESS IN NEW ‘IS IT IN YOU?’ GLOBAL FOOTBALL CAMPAIGN
• Positive Sentiment: Quaker expanded its portfolio with a new protein rice crisps product—aligns with consumer trends for higher-protein, better-for-you snacks and supports PepsiCo’s foods portfolio evolution. QUAKER® EXPANDS PORTFOLIO WITH NEW PROTEIN RICE CRISPS OFFERING GOOD SOURCE OF PROTEIN (6G PROTEIN) AND 9G WHOLE GRAINS PER SERVING
• Neutral Sentiment: PepsiCo announced a virtual annual shareholder meeting webcast for May 6—standard disclosure and a governance touchpoint but unlikely to move fundamentals. PepsiCo Announces Webcast of Annual Meeting of Shareholders
• Neutral Sentiment: PepsiCo selected Carlsberg as its bottling/distribution partner in Northern Europe (effective 2029); this restructures regional execution and may improve scale, but benefits are multi-year and gradual. PepsiCo Hands Northern Europe Bottling To Carlsberg What It Means For Investors
• Neutral Sentiment: A comparative piece on Coca‑Cola vs. PepsiCo reviews decade-long performance; useful context for investors but not an immediate catalyst for PEP stock movement. Got 5,000? Coca-Cola vs. PepsiCo – One Has Quietly Outperformed for a Decade
• Negative Sentiment: Reporting on PepsiCo India highlights a farm-to-shelf overhaul amid rising costs and changing consumer demand—signals regional cost pressure and execution risk that could weigh on margins if not offset by pricing or efficiency. Inside PepsiCo India’s farm-to-shelf overhaul amid rising costs, shifting consumer demand

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.