Cullen Investment Group LTD. Reduces Stock Position in PepsiCo, Inc. $PEP

Cullen Investment Group LTD. cut its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 31.4% during the 4th quarter, Holdings Channel reports. The firm owned 53,680 shares of the company’s stock after selling 24,619 shares during the period. PepsiCo makes up approximately 1.0% of Cullen Investment Group LTD.’s investment portfolio, making the stock its 27th biggest position. Cullen Investment Group LTD.’s holdings in PepsiCo were worth $7,510,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. State Street Corp grew its position in shares of PepsiCo by 1.8% in the 3rd 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. Norges Bank bought a new position in shares of PepsiCo during the second quarter valued at approximately $2,330,594,000. Invesco Ltd. lifted its stake in PepsiCo by 7.6% in the third quarter. Invesco Ltd. now owns 13,617,747 shares of the company’s stock worth $1,912,476,000 after acquiring an additional 958,701 shares during the period. Legal & General Group Plc boosted its holdings in PepsiCo by 1.3% in the third quarter. Legal & General Group Plc now owns 8,902,664 shares of the company’s stock valued at $1,250,290,000 after acquiring an additional 118,286 shares in the last quarter. Finally, Amundi increased its position in PepsiCo by 30.0% during the 3rd quarter. Amundi now owns 8,641,588 shares of the company’s stock valued at $1,207,230,000 after purchasing an additional 1,995,362 shares during the period. Institutional investors own 73.07% of the company’s stock.

PepsiCo News Summary

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

PepsiCo Stock Performance

PepsiCo stock opened at $151.73 on Thursday. PepsiCo, Inc. has a twelve month low of $127.60 and a twelve month high of $171.48. The company has a quick ratio of 0.67, a current ratio of 0.85 and a debt-to-equity ratio of 2.06. The company has a market capitalization of $207.36 billion, a P/E ratio of 25.29, a PEG ratio of 2.88 and a beta of 0.39. The stock’s 50 day moving average is $158.67 and its 200 day moving average is $149.97.

PepsiCo (NASDAQ:PEP) last released its earnings results on Monday, February 2nd. The company reported $2.26 EPS for the quarter, topping analysts’ consensus estimates of $2.24 by $0.02. The firm had revenue of $29.34 billion for 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%.The company’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.96 earnings per share. On average, equities research analysts predict that PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year.

PepsiCo declared that its board has initiated a stock repurchase plan on Tuesday, February 3rd that allows the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization allows the company to repurchase up to 4.7% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

PepsiCo Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 6th will be paid a $1.4225 dividend. This represents a $5.69 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Friday, March 6th. PepsiCo’s dividend payout ratio is currently 94.83%.

Analysts Set New Price Targets

PEP has been the subject of several research analyst reports. Evercore raised their target price on shares of PepsiCo from $152.00 to $165.00 in a research report on Wednesday, February 4th. Citigroup boosted their price target on shares of PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Wall Street Zen upgraded shares of PepsiCo from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Barclays lifted their price objective on PepsiCo from $148.00 to $160.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. Finally, Royal Bank Of Canada increased their target price on PepsiCo from $156.00 to $165.00 and gave the stock a “sector perform” rating in a research report on Monday, March 2nd. Eight equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $169.00.

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.