PepsiCo, Inc. $PEP Shares Sold by Villere ST Denis J & Co. LLC

Posted by Stanley Muller on Jul 11th, 2026

Villere ST Denis J & Co. LLC reduced its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 4.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 138,308 shares of the company’s stock after selling 6,025 shares during the quarter. PepsiCo makes up 2.4% of Villere ST Denis J & Co. LLC’s investment portfolio, making the stock its 24th largest position. Villere ST Denis J & Co. LLC’s holdings in PepsiCo were worth $21,478,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of PepsiCo during the 4th quarter worth approximately $26,000. Swiss RE Ltd. acquired a new stake in PepsiCo during the 4th quarter valued at $28,000. MH & Associates Securities Management Corp ADV purchased a new position in PepsiCo during the fourth quarter worth $29,000. Imprint Wealth LLC acquired a new position in shares of PepsiCo in the third quarter worth $31,000. Finally, Networth Advisors LLC raised its holdings in shares of PepsiCo by 2,857.1% in the first quarter. Networth Advisors LLC now owns 207 shares of the company’s stock worth $32,000 after acquiring an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

PepsiCo Trading Down 0.3%

Shares of PEP traded down $0.48 during mid-day trading on Friday, reaching $137.38. The company had a trading volume of 9,071,253 shares, compared to its average volume of 9,517,085. PepsiCo, Inc. has a fifty-two week low of $133.75 and a fifty-two week high of $171.48. The firm has a fifty day simple moving average of $145.42 and a 200-day simple moving average of $151.46. The stock has a market cap of $187.77 billion, a price-to-earnings ratio of 21.57, a price-to-earnings-growth ratio of 2.78 and a beta of 0.36. The company has a current ratio of 0.93, a quick ratio of 0.72 and a debt-to-equity ratio of 1.91.

PepsiCo (NASDAQ:PEP – Get Free Report) last issued its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.01. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The business had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. During the same period last year, the company posted $0.92 EPS. The business’s quarterly revenue was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, sell-side analysts anticipate that PepsiCo, Inc. will post 8.62 EPS for the current fiscal year.

PepsiCo Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 5th were paid a dividend of $1.48 per share. This is an increase from PepsiCo’s previous quarterly dividend of $1.42. This represents a $5.92 annualized dividend and a yield of 4.3%. The ex-dividend date was Friday, June 5th. PepsiCo’s payout ratio is presently 92.94%.

Analyst Ratings Changes

A number of analysts recently commented on the company. Rothschild & Co Redburn increased their price objective on PepsiCo from $130.00 to $132.00 in a research note on Monday, May 11th. Bank of America decreased their price target on shares of PepsiCo from $173.00 to $164.00 and set a “neutral” rating on the stock in a research note on Thursday, June 25th. Evercore set a $150.00 price objective on shares of PepsiCo in a research report on Thursday. JPMorgan Chase & Co. reduced their price objective on shares of PepsiCo from $178.00 to $170.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 1st. Finally, Sanford C. Bernstein set a $134.00 price objective on PepsiCo in a research report on Friday. Seven equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $157.70.

Check Out Our Latest Stock Analysis on PEP

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

Positive Sentiment: PepsiCo’s Q2 revenue topped Wall Street estimates, supported by stronger international growth and improved volumes in some markets.
Positive Sentiment: The company reaffirmed its full-year guidance, which can help reassure investors that the turnaround plan is still on track.
Positive Sentiment: PepsiCo’s long dividend track record remains a draw for income investors, with the company continuing its streak of annual increases.
Neutral Sentiment: Several firms, including RBC, TD Cowen, Wells Fargo, Citi, and others, lowered price targets after the report, but most still kept neutral or hold-type ratings. Citi Analyst Downgrades PepsiCo Stock (PEP) Despite Q2 Beat, Slashes Target by 15%
Neutral Sentiment: Analysts remain split between PepsiCo’s dividend/stability appeal and concerns about valuation, margin pressure, and a slow U.S. recovery. PepsiCo’s $200 Billion Stability Play Is Attracting Dividend Investors
Negative Sentiment: Investors are worried that soft North American snack and beverage demand, plus higher commodity and fuel costs, could keep earnings momentum muted.
Negative Sentiment: Media coverage compared PepsiCo unfavorably with Coca-Cola, highlighting market-share pressure and a more difficult turnaround narrative for PEP shares.

PepsiCo Profile

(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.