AEGON ASSET MANAGEMENT UK Plc Boosts Holdings in PepsiCo, Inc. $PEP

AEGON ASSET MANAGEMENT UK Plc increased its position in PepsiCo, Inc. (NASDAQ:PEP) by 9.1% during the first quarter, HoldingsChannel.com reports. The firm owned 536,542 shares of the company’s stock after acquiring an additional 44,667 shares during the quarter. PepsiCo makes up approximately 1.1% of AEGON ASSET MANAGEMENT UK Plc’s holdings, making the stock its 21st largest holding. AEGON ASSET MANAGEMENT UK Plc’s holdings in PepsiCo were worth $83,419,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in PepsiCo in the fourth quarter worth about $26,000. Swiss RE Ltd. purchased a new stake in shares of PepsiCo during the fourth quarter valued at approximately $28,000. MH & Associates Securities Management Corp ADV bought a new stake in shares of PepsiCo during the fourth quarter valued at approximately $29,000. Imprint Wealth LLC purchased a new position in PepsiCo in the 3rd quarter worth approximately $31,000. Finally, Strategic Advocates LLC bought a new position in PepsiCo in the 3rd quarter valued at approximately $33,000. 73.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have commented on PEP. Barclays increased their target price on PepsiCo from $154.00 to $158.00 and gave the company an “equal weight” rating in a research note on Monday, April 20th. Wall Street Zen cut PepsiCo from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th. Wells Fargo & Company dropped their price objective on PepsiCo from $160.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Friday, June 5th. BNP Paribas Exane lifted their price objective on PepsiCo from $191.00 to $195.00 and gave the stock an “outperform” rating in a report on Friday, April 17th. Finally, Rothschild & Co Redburn boosted their target price on PepsiCo from $130.00 to $132.00 in a research report on Monday, May 11th. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, PepsiCo has a consensus rating of “Hold” and an average price target of $167.10.

PepsiCo Stock Performance

Shares of PEP stock opened at $142.02 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.72 and a debt-to-equity ratio of 1.98. 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 $194.11 billion, a P/E ratio of 22.30, a P/E/G ratio of 2.57 and a beta of 0.35. The firm’s 50 day moving average is $149.90 and its 200 day moving average is $152.24.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Wednesday, April 15th. The company reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $0.06. The business had revenue of $19.44 billion during the quarter, compared to analyst estimates of $18.89 billion. PepsiCo had a net margin of 9.15% and a return on equity of 56.61%. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.48 EPS. Research analysts expect that PepsiCo, Inc. will post 8.63 earnings per share for the current year.

PepsiCo Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, June 5th will be given a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a yield of 4.2%. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. The ex-dividend date is Friday, June 5th. PepsiCo’s dividend payout ratio (DPR) is currently 92.94%.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s management is being spotlighted for using AI and digital tools to improve operations, strengthen food-system resilience, and support a broader global transformation strategy, which could bolster long-term efficiency and growth. Building a Lighthouse Company: Athina Kanioura on Leading PepsiCo’s Global Transformation
• Positive Sentiment: PepsiCo is also being discussed as a beneficiary of AI adoption across food and beverage companies, which may support productivity and growth initiatives over time. PepsiCo, Danone & Nestlé: how AI is powering F&B growth
• Positive Sentiment: A new Doritos Loaded commercial featuring Gordon Ramsay and Formula 1 driver George Russell underscores PepsiCo’s willingness to spend on high-profile marketing to support snack brand visibility and demand. PepsiCo: Doritos Loaded Unveils High-Octane Commercial Starring Chef Gordon Ramsay And Mercedes-AMG Petronas F1 Driver George Russell
• Neutral Sentiment: Several recent commentary pieces focus on PepsiCo’s valuation and dividend appeal, with one suggesting the shares may trade below fair value while another argues for caution and calls the stock a possible sell, leaving investor sentiment mixed. PepsiCo (PEP) Stock Could Be 46.9% Below Fair Value as Views Split
• Neutral Sentiment: PepsiCo remains a frequent feature in dividend-investing discussions, reinforcing its reputation as a defensive income stock rather than signaling a new catalyst. PepsiCo: Scoop Up This Dividend Growth Legend Now
• Negative Sentiment: Bearish market commentary argues PepsiCo has lagged the broader market since late 2025, which may weigh on sentiment if investors continue to favor faster-growing alternatives. 3 Reasons to Sell PEP and 1 Stock to Buy Instead

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.