OFI Invest Asset Management Sells 198,185 Shares of PepsiCo, Inc. $PEP

OFI Invest Asset Management lessened its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 93.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,802 shares of the company’s stock after selling 198,185 shares during the quarter. OFI Invest Asset Management’s holdings in PepsiCo were worth $1,981,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. State Street Corp increased its position in PepsiCo by 1.8% during the third quarter. State Street Corp now owns 59,499,819 shares of the company’s stock worth $8,356,155,000 after buying an additional 1,079,970 shares during the last quarter. Invesco Ltd. increased its position in PepsiCo by 7.6% during the third quarter. Invesco Ltd. now owns 13,617,747 shares of the company’s stock worth $1,912,476,000 after buying an additional 958,701 shares during the last quarter. Legal & General Group Plc increased its position in PepsiCo by 1.3% during the third quarter. Legal & General Group Plc now owns 8,902,664 shares of the company’s stock worth $1,250,290,000 after buying an additional 118,286 shares during the last quarter. Amundi increased its position in PepsiCo by 30.0% during the third quarter. Amundi now owns 8,641,588 shares of the company’s stock worth $1,207,230,000 after buying an additional 1,995,362 shares during the last quarter. Finally, Fisher Asset Management LLC increased its position in PepsiCo by 2.0% during the third quarter. Fisher Asset Management LLC now owns 8,112,038 shares of the company’s stock worth $1,139,255,000 after buying an additional 155,636 shares during the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Analysts expect EPS growth and a likely earnings beat heading into the next report; previews note PepsiCo has the right setup (cost/price mix and revenue momentum) to beat estimates, which supports near-term upside into results. PepsiCo (PEP) Earnings Expected to Grow: Should You Buy?
• Positive Sentiment: Research notes and previews (Seeking Alpha, TipRanks) argue the company’s turnaround momentum is building and that PEP could see a tactical bounce into Q1 earnings — a supportive short-term technical/psychological catalyst. PepsiCo: Why The Turnaround Is Finally Taking Hold (Preview)
• Positive Sentiment: Operational/ESG actions: PepsiCo commissioned retrofitted electric trucks in India — a small but constructive sign for cost control and sustainability that can modestly support margins and investor sentiment over time. PepsiCo commissions eight retrofitted electric trucks in India
• Neutral Sentiment: New beverage SKU (Dirty Mountain Dew) plus announced snack price cuts: product innovation could help beverage growth, while tactical snack price reductions aim to regain shelf space — these moves reduce near-term pricing power but may stabilize volume. Impact depends on execution and margin trade-offs. PepsiCo Balances Dirty Mountain Dew Launch With Snack Pricing And ESG Risks
• Neutral Sentiment: Market commentary notes mixed performance vs. peers (moderate gains but lagging market), underscoring that broader market drivers and sector rotation are also influencing PEP’s move. PepsiCo (PEP) Increases Yet Falls Behind Market
• Negative Sentiment: Snack pricing missteps: coverage shows price hikes on Doritos/Cheetos significantly cut demand and led to lost sales and shelf-space pullbacks (Walmart/other retailers), which directly pressures Frito‑Lay revenue and margins. This is the clearest near-term headwind for PEP. Doritos at $7 a bag ended up costing PepsiCo billions
• Negative Sentiment: Analyst price-target trims and negative outlooks: RBC trimmed its PT to $163, JPMorgan lowered its PT to $172 (still overweight), and UBS issued a pessimistic forecast — these actions signal analyst caution and cap upside while the company rebalances snack pricing and restores distribution. RBC trims price target on PepsiCo to $163 JPMorgan adjusts price target on PepsiCo to $172
• Negative Sentiment: Independent bearish take: UBS’s pessimistic forecast adds downside risk should snack recovery stall or margin pressure persist. UBS Group Issues Pessimistic Forecast for PepsiCo

PepsiCo Trading Up 1.7%

Shares of PEP stock opened at $157.49 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 2.06. The stock has a market cap of $215.28 billion, a P/E ratio of 26.25, a price-to-earnings-growth ratio of 2.98 and a beta of 0.40. The stock has a 50 day simple moving average of $160.52 and a 200 day simple moving average of $150.92. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $171.48.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) 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 business had revenue of $29.34 billion during the quarter, compared to analysts’ expectations of $28.96 billion. During the same period in the previous year, the company posted $1.96 earnings per share. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. On average, research analysts predict that PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year.

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

PepsiCo Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on PEP shares. Citigroup boosted their price target on PepsiCo from $170.00 to $182.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. HSBC upped their target price on PepsiCo from $152.00 to $175.00 and gave the company a “hold” rating in a research report on Thursday, February 5th. Evercore upped their target price on PepsiCo from $152.00 to $165.00 in a research report on Wednesday, February 4th. Rothschild & Co Redburn upped their target price on PepsiCo from $120.00 to $130.00 and gave the company a “sell” rating in a research report on Tuesday, February 10th. Finally, Wall Street Zen raised PepsiCo from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Eight equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $168.47.

PepsiCo 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.