Bank Pictet & Cie Europe AG Has $8.83 Million Stock Holdings in PepsiCo, Inc. $PEP

Bank Pictet & Cie Europe AG trimmed its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 8.3% during the 4th quarter, HoldingsChannel reports. The fund owned 61,508 shares of the company’s stock after selling 5,593 shares during the quarter. Bank Pictet & Cie Europe AG’s holdings in PepsiCo were worth $8,828,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of PEP. Three Bridge Wealth Advisors LLC increased its position in shares of PepsiCo by 1.8% during the third 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. Facet Wealth Inc. lifted its position in PepsiCo by 3.2% in the third quarter. Facet Wealth Inc. now owns 2,221 shares of the company’s stock worth $312,000 after purchasing an additional 69 shares during the period. Hudock Inc. boosted its stake in PepsiCo by 1.0% during the third quarter. Hudock Inc. now owns 7,079 shares of the company’s stock worth $994,000 after buying an additional 70 shares in the last quarter. Delta Asset Management LLC TN boosted its stake in PepsiCo by 0.6% during the third quarter. Delta Asset Management LLC TN now owns 11,000 shares of the company’s stock worth $1,545,000 after buying an additional 70 shares in the last quarter. Finally, Westside Investment Management Inc. increased its holdings in PepsiCo by 2.8% in the 3rd quarter. Westside Investment Management Inc. now owns 2,602 shares of the company’s stock valued at $366,000 after buying an additional 70 shares during the period. Institutional investors own 73.07% of the company’s stock.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Sector rotation into defensive, dividend-rich names is helping demand for consumer staples like PepsiCo as recession odds rise; that cyclical defensive flow can support PEP’s valuation and dividend appeal. As Recession Odds Climb, Defensive Sectors Continue to Outperform (PEP)
• Positive Sentiment: Marketing and distribution wins — Pepsi Football Nation (global fan platform) and new Official Beverage Supplier deals for expanded Sunset Amphitheater venues — could increase beverage penetration at live events and boost away‑from‑home volumes. Is Pepsi Football Nation And New Venue Deals Reshaping the Investment Case For PepsiCo (PEP)?
• Positive Sentiment: PepsiCo is investing in sustainability and cost control — a ~US$4.8M solar installation for a UK distribution site reinforces energy-cost and ESG initiatives that can improve margins over time. Behind PepsiCo’s US$4.8m Investment in UK Solar
• Positive Sentiment: Analyst optimism and earnings momentum: PepsiCo’s track record of small earnings beats and analysts calling for another potential beat supports upside expectations. Will PepsiCo (PEP) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Some broker commentary remains constructive — a recent Deutsche Bank piece (3/31) highlighted upside to ~$169, signaling that some sell‑side desks still see notable upside. PepsiCo Could Climb 10% to $169 as Deutsche Bank Rates the Stock a Buy
• Positive Sentiment: Long-term income investors continue to favor PEP — coverage highlighting PepsiCo as an outperforming Dividend Aristocrat supports steady demand from income-focused buyers. We Highlighted 3 Undervalued Dividend Aristocrats a Year Ago
• Neutral Sentiment: PepsiCo’s role at the Sustainability LIVE summit increases visibility on ESG strategy, but impacts are longer term and gradual for valuation. PepsiCo’s Sustainability Role At 2026 Summit And What It Means For Valuation
• Neutral Sentiment: Minor personnel moves in the consumer space (former PepsiCo exec joining a smaller brand) are noted but unlikely to move PEP shares materially. Brothers All Natural Lands Former PepsiCo Executive Melissa McCormack
• Neutral Sentiment: Industry consolidation (e.g., McCormick/Unilever foods merger) reshapes competitive dynamics in food aisles, but implications for PepsiCo are indirect and medium‑term. McCormick and Unilever’s foods business just announced a spicy merger
• Negative Sentiment: Analyst downgrade/expectations cut — a report says Deutsche Bank lowered its expectations for PepsiCo, which can pressure the stock by reducing short‑term sell‑side support. Deutsche Bank Aktiengesellschaft Has Lowered Expectations for PepsiCo (NASDAQ:PEP)
• Negative Sentiment: Ongoing comparisons to Coca‑Cola and articles arguing Coke is more attractive can shift investor preference away from PepsiCo in the near term. What Makes Coca-Cola More Attractive Than PepsiCo?

PepsiCo Trading Down 0.4%

Shares of PepsiCo stock opened at $154.65 on Thursday. PepsiCo, Inc. has a 12-month low of $127.60 and a 12-month high of $171.48. The stock has a market capitalization of $211.40 billion, a P/E ratio of 25.78, a price-to-earnings-growth ratio of 2.99 and a beta of 0.39. The company has a 50-day simple moving average of $159.41 and a 200 day simple moving average of $150.36. The company has a quick ratio of 0.67, a current ratio of 0.85 and a debt-to-equity ratio of 2.06.

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

PepsiCo Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 6th were given a dividend of $1.4225 per share. The ex-dividend date was Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.7%. PepsiCo’s dividend payout ratio is 94.83%.

PepsiCo declared that its board has approved a share repurchase program on Tuesday, February 3rd that allows the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization allows the company to buy up to 4.7% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

A number of equities analysts have recently commented on PEP shares. Wall Street Zen raised shares of PepsiCo from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. 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 report on Wednesday, February 4th. JPMorgan Chase & Co. raised their price target on shares of PepsiCo from $164.00 to $176.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Argus raised PepsiCo to a “hold” rating in a report on Tuesday, February 17th. Finally, Rothschild & Co Redburn increased their target price on PepsiCo from $120.00 to $130.00 and gave the stock a “sell” rating in a report on Tuesday, February 10th. Eight equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus 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.