Rep. Julia Letlow Buys PepsiCo, Inc. (NASDAQ:PEP) Stock

Representative Julia Letlow (Republican-Louisiana) recently bought shares of PepsiCo, Inc. (NASDAQ:PEP). In a filing disclosed on March 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in PepsiCo stock on February 5th. The trade occurred in the Representative’s “MERRILL LYNCH INVESTMENT ACCOUNT #025” account.

Representative Julia Letlow also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Travelers Companies (NYSE:TRV) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of BXP (NYSE:BXP) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of HF Sinclair (NYSE:DINO) on 2/20/2026.
• Purchased $1,001 – $15,000 in shares of Vistra (NYSE:VST) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of Public Service Enterprise Group (NYSE:PEG) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of Expand Energy (NASDAQ:EXE) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of Take-Two Interactive Software (NASDAQ:TTWO) on 2/12/2026.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 2/12/2026.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 2/12/2026.
• Purchased $1,001 – $15,000 in shares of Regeneron Pharmaceuticals (NASDAQ:REGN) on 2/12/2026.

PepsiCo Trading Up 0.8%

NASDAQ PEP traded up $1.14 during mid-day trading on Wednesday, reaching $151.73. 4,976,682 shares of the stock were exchanged, compared to its average volume of 8,108,219. The stock has a market capitalization of $207.36 billion, a PE ratio of 25.29, a PEG ratio of 2.89 and a beta of 0.39. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.67 and a current ratio of 0.85. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $171.48. The business’s fifty day simple moving average is $158.67 and its 200 day simple moving average is $149.97.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, beating the consensus estimate of $2.24 by $0.02. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The company had revenue of $29.34 billion during the quarter, compared to the consensus estimate of $28.96 billion. During the same period in the previous year, the firm posted $1.96 EPS. PepsiCo’s revenue was up 5.6% on a year-over-year basis. On average, research analysts anticipate 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 will be paid on Tuesday, March 31st. Investors of record on Friday, March 6th will be given a dividend of $1.4225 per share. This represents a $5.69 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Friday, March 6th. PepsiCo’s dividend payout ratio (DPR) is currently 94.83%.

PepsiCo declared that its board has authorized a share repurchase plan on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in shares. This repurchase authorization permits the company to reacquire up to 4.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board of directors believes its stock is undervalued.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo launched a global “Pepsi Football Nation” platform to deepen fan engagement around football — a large, event-driven marketing push that can boost brand visibility, seasonal sales and promotional leverage. PepsiCo launches global ‘Pepsi Football Nation’ platform focused on fan culture
• Positive Sentiment: Analyst/upbeat coverage: Zacks highlights PepsiCo as a long‑term growth stock citing consistent brand strength and growth initiatives — supportive for investor sentiment. Why PepsiCo (PEP) is a Top Growth Stock for the Long-Term
• Positive Sentiment: Dividend‑income appeal: inclusion among recommended “beaten‑down dividend aristocrats” keeps income‑focused buyers interested in PEP’s yield and defensive profile. 3 Beaten-Down Dividend Aristocrats to Scoop Up While Wall Street Chases AI Stocks Into a Cliff
• Positive Sentiment: Sector dynamic: reporting that Coca‑Cola faces 2026 margin pressure could be a relative positive for PepsiCo if PepsiCo can maintain pricing/actions while Coke lags. Coca-Cola Faces Margin Pressure: Can Pricing Power Hold?
• Neutral Sentiment: Investment thesis nuance: a Yahoo Finance piece discusses how PepsiCo’s investment story is shifting around pricing and 2026 growth expectations — useful context but mixed for near‑term price action. How The PepsiCo (PEP) Investment Story Is Shifting On Pricing And 2026 Growth Hopes
• Neutral Sentiment: Short‑interest reports circulating show “significant increases” but list zero shares and 0.0 days to cover — this appears to be a data glitch and should not be treated as actionable.
• Neutral Sentiment: Corporate/community items (PepsiCo Foundation partnership with SUNY Westchester) are positive for ESG/PR but unlikely to move near‑term fundamentals. SUNY Westchester Community College and the PepsiCo Foundation Highlight Student Pathways to Career Success
• Neutral Sentiment: Miscellaneous sector/competitor stories and unrelated company news (e.g., Reed’s CEO change, snack‑discontinuation chatter) create background noise but have limited direct impact on PEP unless tied to category supply/portfolio shifts. Reed’s CEO steps down, COO named interim chief

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Cypress Capital Management LLC WY boosted its position in shares of PepsiCo by 8.3% in the fourth quarter. Cypress Capital Management LLC WY now owns 838 shares of the company’s stock valued at $121,000 after acquiring an additional 64 shares during the period. United Bank raised its stake in PepsiCo by 3.9% during the 4th quarter. United Bank now owns 1,717 shares of the company’s stock valued at $246,000 after purchasing an additional 65 shares during the last quarter. Three Bridge Wealth Advisors LLC boosted its holdings in PepsiCo by 1.8% in the 3rd quarter. Three Bridge Wealth Advisors LLC now owns 3,870 shares of the company’s stock valued at $544,000 after purchasing an additional 68 shares during the period. Koa Wealth Management LLC grew its position in PepsiCo by 0.9% in the 4th quarter. Koa Wealth Management LLC now owns 8,007 shares of the company’s stock worth $1,149,000 after purchasing an additional 68 shares during the last quarter. Finally, Pettinga Financial Advisors LLC grew its position in PepsiCo by 3.8% in the 4th quarter. Pettinga Financial Advisors LLC now owns 1,880 shares of the company’s stock worth $270,000 after purchasing an additional 68 shares during the last quarter. 73.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

PEP has been the topic of several recent analyst reports. TD Cowen increased their target price on PepsiCo from $162.00 to $165.00 and gave the stock a “hold” rating in a research report on Friday, February 20th. Piper Sandler boosted their target price on shares of PepsiCo from $172.00 to $181.00 and gave the company an “overweight” rating in a report on Thursday, March 12th. Citigroup increased their price target on shares of PepsiCo from $170.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Weiss Ratings restated a “hold (c)” rating on shares of PepsiCo in a report on Friday, January 9th. Finally, Rothschild & Co Redburn upped their price target on PepsiCo from $120.00 to $130.00 and gave the stock a “sell” rating in a research note on Tuesday, February 10th. Eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $169.00.

About Representative Letlow

Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana’s 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.

Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana’s 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.

Julia Letlow earned a doctorate. Letlow’s career experience includes working as a senior administrator with the University of Louisiana at Monroe.

About PepsiCo

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.