JB Capital LLC Has $12.30 Million Holdings in PepsiCo, Inc. $PEP

JB Capital LLC increased its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 7.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,712 shares of the company’s stock after buying an additional 5,809 shares during the period. JB Capital LLC’s holdings in PepsiCo were worth $12,301,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Evolution Wealth Management Inc. bought a new stake in shares of PepsiCo during the 2nd quarter valued at $27,000. JCIC Asset Management Inc. bought a new position in shares of PepsiCo in the 3rd quarter worth $27,000. Imprint Wealth LLC acquired a new stake in shares of PepsiCo during the third quarter worth $31,000. Halbert Hargrove Global Advisors LLC increased its holdings in PepsiCo by 667.7% in the third 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 during the last quarter. Finally, Strategic Advocates LLC bought a new stake in PepsiCo in the third quarter valued at about $33,000. 73.07% of the stock is currently owned by institutional investors and hedge funds.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: New product excitement: PepsiCo rolled out a highly anticipated soda flavor that has generated strong consumer buzz and social-media reaction, which can boost short-term retail demand and brand engagement. PepsiCo Just Dropped a Highly Anticipated Soda Flavor—and Fans Are ‘Screaming’ With Excitement
• Positive Sentiment: Brand refresh / marketing lift: PepsiCo began a Tostitos packaging and brand refresh — a low-capex way to refresh shelf appeal and support snack sales, especially ahead of seasonal demand. PepsiCo Begins Tostitos Brand Refresh, Introduces Updated Packaging
• Positive Sentiment: Income appeal remains intact: Coverage highlighting PepsiCo as one of three consistent dividend payers reinforces its defensive income profile for yield-seeking investors. That support can underwrite multiple expansions vs peers. 3 Consistent Dividend Payers Outperforming in 2026: VZ, PEP, MO
• Neutral Sentiment: Corporate reputation / leadership signal: A Fortune podcast feature highlighted PepsiCo as a “leadership factory” (ex-employee success stories), which supports long-term talent/operational strength but is more qualitative than immediately price-driving. 12 Fortune 500 CEOs worked for Pepsi. Delta’s Ed Bastian explains why it’s a leadership factory
• Neutral Sentiment: Emerging market commentary: A PepsiCo exec highlighted China’s dynamic consumer market — positive for growth narrative but not an immediate catalyst. PepsiCo executive highlights China’s dynamic consumer market
• Neutral Sentiment: Regional bottler news: PepsiCo bottler Varun Beverages set a record date for its final dividend — relevant to regional franchise economics but indirect for PEP shares. PepsiCo bottler Varun Beverages final dividend: Record date announced
• Negative Sentiment: Analyst trim / industry pressure: Deutsche Bank cut its PepsiCo price target (from $176 to $169) and warned of mounting industry pressures — a reminder that margin and volume dynamics could limit upside and may weigh on sentiment despite a Buy rating. Deutsche Bank Sees Mounting Industry Pressures, Trims PepsiCo (PEP) Target

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on PEP. Wall Street Zen upgraded PepsiCo from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. TD Cowen increased their price target on shares of PepsiCo from $162.00 to $165.00 and gave the company a “hold” rating in a research report on Friday, February 20th. Jefferies Financial Group lifted their price objective on shares of PepsiCo from $163.00 to $164.00 and gave the stock a “hold” rating in a research note on Tuesday, December 9th. Morgan Stanley upped their target price on shares of PepsiCo from $165.00 to $180.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of PepsiCo in a report on Friday, January 9th. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $169.00.

PepsiCo Stock Performance

NASDAQ:PEP opened at $157.01 on Friday. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.85 and a quick ratio of 0.67. The business’s 50-day simple moving average is $159.91 and its 200-day simple moving average is $150.59. PepsiCo, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $171.48. The stock has a market capitalization of $214.62 billion, a PE ratio of 26.17, a price-to-earnings-growth ratio of 3.03 and a beta of 0.40.

PepsiCo (NASDAQ:PEP) last posted its earnings results on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.24 by $0.02. The business had revenue of $29.34 billion during the quarter, compared to analysts’ expectations of $28.96 billion. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.PepsiCo’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.96 EPS. Sell-side analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year.

PepsiCo Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 6th were given a dividend of $1.4225 per share. The ex-dividend date of this dividend was Friday, March 6th. This represents a $5.69 annualized dividend and a dividend yield of 3.6%. PepsiCo’s dividend payout ratio is currently 94.83%.

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

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.