PepsiCo, Inc. $PEP Shares Sold by Aberdeen Group plc

Aberdeen Group plc reduced its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 18.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,211,888 shares of the company’s stock after selling 277,454 shares during the quarter. Aberdeen Group plc owned approximately 0.09% of PepsiCo worth $170,131,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the company. Evolution Wealth Management Inc. purchased a new position in shares of PepsiCo during the second quarter worth about $27,000. JCIC Asset Management Inc. acquired a new position in PepsiCo in the 3rd quarter valued at about $27,000. Vermillion & White Wealth Management Group LLC increased its stake in PepsiCo by 107.1% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 234 shares of the company’s stock valued at $31,000 after purchasing an additional 121 shares during the last quarter. Halbert Hargrove Global Advisors LLC boosted its holdings in shares of PepsiCo by 667.7% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock valued at $33,000 after purchasing an additional 207 shares during the last quarter. Finally, Manning & Napier Advisors LLC purchased a new stake in PepsiCo during the third quarter worth approximately $37,000. 73.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Rothschild & Co Redburn raised their target price on PepsiCo from $120.00 to $130.00 and gave the company a “sell” rating in a research note on Tuesday, February 10th. UBS Group reiterated a “buy” rating and set a $190.00 price target on shares of PepsiCo in a research report on Wednesday, February 4th. DZ Bank upgraded shares of PepsiCo from a “hold” rating to a “buy” rating and set a $167.00 target price for the company in a report on Tuesday, October 21st. Wall Street Zen downgraded shares of PepsiCo from a “buy” rating to a “hold” rating in a research note on Saturday, December 27th. Finally, JPMorgan Chase & Co. upped their price target on PepsiCo from $164.00 to $176.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $167.68.

PepsiCo Stock Down 0.8%

NASDAQ:PEP opened at $165.94 on Friday. The stock’s fifty day moving average price is $149.61 and its two-hundred day moving average price is $147.12. PepsiCo, Inc. has a 52-week low of $127.60 and a 52-week high of $171.48. The company has a market cap of $226.78 billion, a price-to-earnings ratio of 27.66, a P/E/G ratio of 3.16 and a beta of 0.40. 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 (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $28.96 billion. During the same period last year, the company earned $1.96 EPS. The firm’s revenue was up 5.6% on a year-over-year basis. On average, analysts anticipate that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 6th will be paid a $1.4225 dividend. The ex-dividend date is Friday, March 6th. This represents a $5.69 annualized dividend and a yield of 3.4%. PepsiCo’s payout ratio is presently 94.83%.

PepsiCo announced that its board has initiated a share repurchase program on Tuesday, February 3rd that authorizes the company to buyback $10.00 billion in shares. This buyback authorization authorizes the company to reacquire up to 4.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Barclays raised its price target to $160 after PepsiCo’s earnings (keeps an Equal Weight rating), reflecting model updates post‑report and supporting near‑term valuation. PepsiCo, Inc. (PEP) Price Target Increased to $160 at Barclays Post-Earnings Update
• Positive Sentiment: Analysts and pieces highlighting PepsiCo’s earnings quality and stability are bolstering investor comfort after the quarter — small EPS and revenue beats reinforce the company’s predictable cash generation. Investors Can Find Comfort In PepsiCo’s (NASDAQ:PEP) Earnings Quality
• Positive Sentiment: Momentum: PEP has rallied (~18–19% in 2026 according to coverage) on the earnings beat, brand strength and cross‑category momentum, which supports continued investor interest. PepsiCo Up 18% in a Month: Smart Entry Point or Wait for a Pullback?
• Positive Sentiment: Dividend narrative: coverage noting a peak dividend yield thesis and the stock’s income appeal is likely attracting yield‑focused buyers and long‑term holders. I Predicted That PepsiCo’s Dividend Yield Peaked at 4.4% Because the Dividend King Stock Was Too Cheap to Ignore. Here’s Why Pepsi Is Already Up 19% in 2026 and Could Still Be …
• Positive Sentiment: Product/brand move: PepsiCo is rebranding its Sunbites snack to emphasize fibre — a health positioning that can boost shelf relevance in growth categories. PepsiCo rebrands Sunbites to champion fibre content
• Neutral Sentiment: Some analysts remain cautious: a Seeking Alpha piece sees solid momentum into 2026 but still rates PEP a Hold, signaling mixed conviction among investors despite operational upside. PepsiCo: Solid Momentum Coming Into 2026, But I Still Rate It A Hold For Now
• Neutral Sentiment: Other analyst moves vary (one outlet shows a price‑target raise to $130), underscoring differing views on upside from here. PepsiCo (NASDAQ:PEP) Price Target Raised to $130.00
• Neutral Sentiment: Corporate/ESG: profile pieces about senior leaders expanding women’s careers in supply chain are positive for culture/ESG but unlikely to move near‑term stock performance. How a PepsiCo exec is paving careers for women in supply chains
• Neutral Sentiment: Sector flow: coverage of the Invesco Food & Beverage ETF (PBJ) notes the group’s resurgence; sector ETFs can amplify PEP moves but are a broader, non‑specific driver. After Stalling Out, PBJ May Be Finally Be Ready To Deliver For Investors
• Negative Sentiment: Debt issuance: PepsiCo launched a €2.5 billion euro‑denominated senior notes offering (multiple tranches), which increases gross debt and could weigh on leverage metrics that investors monitor. PepsiCo Issues €2.5 Billion Euro-Denominated Senior Notes

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.