Banque Pictet & Cie SA Decreases Position in PepsiCo, Inc. $PEP

Banque Pictet & Cie SA decreased its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 16.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 195,626 shares of the company’s stock after selling 39,531 shares during the period. Banque Pictet & Cie SA’s holdings in PepsiCo were worth $28,076,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC grew its holdings in PepsiCo by 12.4% during the 4th quarter. Brighton Jones LLC now owns 59,392 shares of the company’s stock worth $9,031,000 after acquiring an additional 6,574 shares in the last quarter. Caxton Associates LLP acquired a new stake in shares of PepsiCo in the 1st quarter valued at $251,000. Sivia Capital Partners LLC lifted its holdings in PepsiCo by 138.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company’s stock worth $862,000 after buying an additional 3,790 shares during the last quarter. Schnieders Capital Management LLC. boosted its position in shares of PepsiCo by 10.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company’s stock worth $5,039,000 after acquiring an additional 3,502 shares in the last quarter. Finally, Van Hulzen Asset Management LLC increased its holdings in shares of PepsiCo by 26.9% in the 2nd quarter. Van Hulzen Asset Management LLC now owns 7,540 shares of the company’s stock valued at $996,000 after acquiring an additional 1,596 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

PepsiCo Price Performance

PepsiCo stock opened at $154.65 on Thursday. The company has a market cap 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. PepsiCo, Inc. has a one year low of $127.60 and a one year high of $171.48. The business has a fifty day moving average of $159.41 and a two-hundred day moving average of $150.36. 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 (NASDAQ:PEP) last posted its quarterly earnings results on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, topping analysts’ consensus estimates of $2.24 by $0.02. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The business had revenue of $29.34 billion for the quarter, compared to analysts’ expectations of $28.96 billion. During the same period in the prior year, the company posted $1.96 EPS. The business’s revenue for the quarter was up 5.6% on a year-over-year basis. As a group, analysts predict that PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year.

PepsiCo announced that its board has approved 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 purchase up to 4.7% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its shares are undervalued.

PepsiCo Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 6th were issued 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 yield of 3.7%. PepsiCo’s payout ratio is currently 94.83%.

PepsiCo News Roundup

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?

Analysts Set New Price Targets

PEP has been the topic of several recent analyst reports. Evercore increased their price target on shares of PepsiCo from $152.00 to $165.00 in a research note on Wednesday, February 4th. Wall Street Zen raised PepsiCo from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Weiss Ratings restated a “hold (c)” rating on shares of PepsiCo in a research note on Friday, January 9th. Deutsche Bank Aktiengesellschaft cut their price target on PepsiCo from $176.00 to $169.00 and set a “buy” rating on the stock in a research report on Monday. Finally, JPMorgan Chase & Co. increased 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. Eight equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, PepsiCo presently has a consensus rating of “Hold” and an average price target of $169.00.

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.