Blackhawk Capital Partners LLC Makes New $1.77 Million Investment in PepsiCo, Inc. $PEP

Posted by Stanley Muller on May 12th, 2026

Blackhawk Capital Partners LLC bought a new position in PepsiCo, Inc. (NASDAQ:PEP – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,358 shares of the company’s stock, valued at approximately $1,774,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JCIC Asset Management Inc. bought a new position in PepsiCo in the 3rd quarter worth about $27,000. MH & Associates Securities Management Corp ADV bought a new position in PepsiCo in the 4th quarter worth about $29,000. Imprint Wealth LLC bought a new position in PepsiCo in the 3rd quarter worth about $31,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in PepsiCo in the 4th quarter worth about $33,000. Finally, Strategic Advocates LLC bought a new position in PepsiCo in the 3rd quarter worth about $33,000. Institutional investors own 73.07% of the company’s stock.

Wall Street Analyst Weigh In

PEP has been the subject of several recent analyst reports. Evercore increased their price objective on shares of PepsiCo from $165.00 to $170.00 in a report on Friday, April 17th. Argus upgraded shares of PepsiCo to a “hold” rating in a report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of PepsiCo from $169.00 to $173.00 and gave the company a “buy” rating in a report on Friday, April 17th. TD Cowen increased their price objective on shares of PepsiCo from $162.00 to $165.00 and gave the company a “hold” rating in a report on Friday, February 20th. Finally, Citigroup increased their price objective on shares of PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Eight research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, PepsiCo presently has an average rating of “Hold” and a consensus price target of $170.37.

Read Our Latest Analysis on PepsiCo

PepsiCo Trading Down 3.4%

Shares of NASDAQ:PEP opened at $149.41 on Tuesday. The stock has a market capitalization of $204.21 billion, a price-to-earnings ratio of 23.46, a PEG ratio of 2.83 and a beta of 0.38. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $171.48. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.72 and a current ratio of 0.90. The company has a 50 day moving average price of $156.59 and a 200 day moving average price of $152.48.

PepsiCo (NASDAQ:PEP – Get Free Report) last issued its earnings results on Wednesday, April 15th. The company reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.55 by $0.06. The firm had revenue of $19.44 billion during the quarter, compared to analysts’ expectations of $18.89 billion. PepsiCo had a net margin of 9.15% and a return on equity of 56.61%. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period last year, the firm posted $1.48 earnings per share. On average, research analysts anticipate that PepsiCo, Inc. will post 8.63 EPS for the current fiscal year.

PepsiCo Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, June 5th will be issued a dividend of $1.48 per share. The ex-dividend date is Friday, June 5th. This is a positive change from PepsiCo’s previous quarterly dividend of $1.42. This represents a $5.92 dividend on an annualized basis and a yield of 4.0%. PepsiCo’s payout ratio is 89.32%.

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

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

Positive Sentiment: PepsiCo Foods North America is showing early signs of a turnaround, with rebounding snack volumes, pricing changes, and a push toward healthier offerings that could support 2026 growth. Will PepsiCo Foods North America Drive a 2026 Turnaround?
Positive Sentiment: PepsiCo is expanding sustainability efforts, including work with Fertiberia to decarbonize potato and corn farming across roughly 400,000 acres in Europe, which may support its long-term ESG profile and supply-chain resilience. PepsiCo and Fertiberia working to decarbonise potato and corn farming across ~400,000 acres in Europe
Positive Sentiment: The company is also betting on local manufacturing and healthier drinks in the Middle East as consumer preferences shift, suggesting management is adapting to demand trends in key international markets. PepsiCo bets on local manufacturing, healthier drinks as Middle East consumer habits shift
Neutral Sentiment: PepsiCo was noted in articles about local production expansion in Abu Dhabi and a limited-edition soda relaunch, but these headlines appear more incremental than material for earnings expectations. PepsiCo eyes local production boost in Abu Dhabi PepsiCo Just Brought Back a Beloved Limited-Edition Soda for Summer
Neutral Sentiment: Short-interest data showed no meaningful update in May, with reported short interest at zero shares, so it does not provide a clear catalyst for the stock.
Negative Sentiment: Rothschild & Co Redburn raised its price target on PepsiCo to $132 from $130, but that still implies meaningful downside versus the current share price, reinforcing a cautious view on the stock. MarketScreener

About PepsiCo

(Free Report)

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.