Banque Cantonale Vaudoise Sells 6,646 Shares of PepsiCo, Inc. $PEP

Posted by Stanley Muller on May 22nd, 2026

Banque Cantonale Vaudoise cut its stake in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 38.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,471 shares of the company’s stock after selling 6,646 shares during the quarter. Banque Cantonale Vaudoise’s holdings in PepsiCo were worth $1,502,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PEP. Hardy Reed LLC increased its stake in shares of PepsiCo by 2.7% in the fourth quarter. Hardy Reed LLC now owns 3,973 shares of the company’s stock valued at $570,000 after buying an additional 106 shares in the last quarter. Fairtree Asset Management Pty Ltd acquired a new stake in shares of PepsiCo in the fourth quarter valued at $1,035,000. Larson Financial Group LLC increased its stake in shares of PepsiCo by 1.1% in the fourth quarter. Larson Financial Group LLC now owns 33,291 shares of the company’s stock valued at $4,778,000 after buying an additional 367 shares in the last quarter. McKinley Carter Wealth Services Inc. increased its stake in shares of PepsiCo by 2.1% in the fourth quarter. McKinley Carter Wealth Services Inc. now owns 42,885 shares of the company’s stock valued at $6,155,000 after buying an additional 870 shares in the last quarter. Finally, Csenge Advisory Group increased its stake in shares of PepsiCo by 9.1% in the fourth quarter. Csenge Advisory Group now owns 26,122 shares of the company’s stock valued at $3,749,000 after buying an additional 2,182 shares in the last quarter. 73.07% of the stock is owned by institutional investors.

PepsiCo Price Performance

Shares of PEP stock opened at $148.85 on Friday. The company has a quick ratio of 0.72, a current ratio of 0.90 and a debt-to-equity ratio of 1.98. PepsiCo, Inc. has a 12 month low of $127.60 and a 12 month high of $171.48. The firm has a market cap of $203.44 billion, a price-to-earnings ratio of 23.37, a PEG ratio of 2.71 and a beta of 0.38. The stock has a 50-day moving average price of $154.36 and a 200 day moving average price of $152.47.

PepsiCo (NASDAQ:PEP – Get Free Report) last issued its earnings results on Wednesday, April 15th. The company reported $1.61 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $19.44 billion for the quarter, compared to analysts’ expectations of $18.89 billion. During the same quarter last year, the business earned $1.48 earnings per share. The company’s revenue was up 8.5% compared to the same quarter last year. Research analysts expect that PepsiCo, Inc. will post 8.63 EPS for the current year.

PepsiCo declared that its Board of Directors has initiated a share buyback program on Tuesday, February 3rd that authorizes the company to buyback $10.00 billion in outstanding shares. This buyback authorization authorizes the company to buy up to 4.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

PepsiCo Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on PEP. JPMorgan Chase & Co. raised their target price on PepsiCo from $172.00 to $178.00 and gave the company an “overweight” rating in a research note on Friday, April 17th. Citigroup raised their target price on PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Barclays lifted their price objective on PepsiCo from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Monday, April 20th. HSBC lifted their price objective on PepsiCo from $175.00 to $176.00 and gave the stock a “hold” rating in a research report on Friday, April 17th. Finally, Argus upgraded PepsiCo to a “hold” rating in a research report on Tuesday, February 17th. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, PepsiCo currently has an average rating of “Hold” and a consensus target price of $170.11.

Read Our Latest Research Report on PepsiCo

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

Positive Sentiment: PepsiCo and Varun Beverages extended their exclusive bottling agreement in India through 2049, giving PepsiCo greater distribution stability and more flexibility to grow in a key international market.
Positive Sentiment: PepsiCo announced new growth initiatives in Asia-Pacific and a regenerated agriculture partnership with LDC, both of which support the company’s sustainability efforts and supply-chain resilience.
Positive Sentiment: PepsiCo continues to push product innovation, including a new functional ready-to-drink tea, which may help offset slowing demand in some core snack categories.
Neutral Sentiment: PepsiCo India plans to invest about Rs 5,700 crore by 2030 to expand capacity, a sign of confidence in demand but also a longer-term capital commitment.
Neutral Sentiment: Analyst commentary and recent features suggest PepsiCo still has a credible growth story thanks to pricing power, distribution scale, and expansion into better-for-you products, but these articles do not point to a near-term earnings surprise.
Negative Sentiment: Reports that PepsiCo is raising prices on smaller chip bags highlight rising costs in the business and could increase consumer pushback, potentially pressuring volume growth.
Negative Sentiment: Cost inflation remains a concern, and the need for selective price increases suggests PepsiCo is still facing margin pressure in its U.S. snack business.

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.