BOCHK Asset Management Ltd Makes New $1.44 Million Investment in PepsiCo, Inc. $PEP

BOCHK Asset Management Ltd acquired a new position in shares of PepsiCo, Inc. (NASDAQ:PEP) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 10,000 shares of the company’s stock, valued at approximately $1,435,000. PepsiCo accounts for 0.4% of BOCHK Asset Management Ltd’s holdings, making the stock its 25th largest holding.

Several other large investors have also recently added to or reduced their stakes in the company. Three Bridge Wealth Advisors LLC increased its position in PepsiCo by 1.8% during the 3rd quarter. Three Bridge Wealth Advisors LLC now owns 3,870 shares of the company’s stock worth $544,000 after buying an additional 68 shares during the period. Facet Wealth Inc. increased its position in PepsiCo by 3.2% during the 3rd quarter. Facet Wealth Inc. now owns 2,221 shares of the company’s stock worth $312,000 after buying an additional 69 shares during the period. Hudock Inc. increased its position in PepsiCo by 1.0% during the 3rd quarter. Hudock Inc. now owns 7,079 shares of the company’s stock worth $994,000 after buying an additional 70 shares during the period. Delta Asset Management LLC TN increased its position in PepsiCo by 0.6% during the 3rd 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 during the period. Finally, Westside Investment Management Inc. increased its position in PepsiCo by 2.8% during the 3rd quarter. Westside Investment Management Inc. now owns 2,602 shares of the company’s stock worth $366,000 after buying an additional 70 shares during the period. Institutional investors own 73.07% of the company’s stock.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Analysts expect EPS growth and a likely earnings beat heading into the next report; previews note PepsiCo has the right setup (cost/price mix and revenue momentum) to beat estimates, which supports near-term upside into results. PepsiCo (PEP) Earnings Expected to Grow: Should You Buy?
• Positive Sentiment: Research notes and previews (Seeking Alpha, TipRanks) argue the company’s turnaround momentum is building and that PEP could see a tactical bounce into Q1 earnings — a supportive short-term technical/psychological catalyst. PepsiCo: Why The Turnaround Is Finally Taking Hold (Preview)
• Positive Sentiment: Operational/ESG actions: PepsiCo commissioned retrofitted electric trucks in India — a small but constructive sign for cost control and sustainability that can modestly support margins and investor sentiment over time. PepsiCo commissions eight retrofitted electric trucks in India
• Neutral Sentiment: New beverage SKU (Dirty Mountain Dew) plus announced snack price cuts: product innovation could help beverage growth, while tactical snack price reductions aim to regain shelf space — these moves reduce near-term pricing power but may stabilize volume. Impact depends on execution and margin trade-offs. PepsiCo Balances Dirty Mountain Dew Launch With Snack Pricing And ESG Risks
• Neutral Sentiment: Market commentary notes mixed performance vs. peers (moderate gains but lagging market), underscoring that broader market drivers and sector rotation are also influencing PEP’s move. PepsiCo (PEP) Increases Yet Falls Behind Market
• Negative Sentiment: Snack pricing missteps: coverage shows price hikes on Doritos/Cheetos significantly cut demand and led to lost sales and shelf-space pullbacks (Walmart/other retailers), which directly pressures Frito‑Lay revenue and margins. This is the clearest near-term headwind for PEP. Doritos at $7 a bag ended up costing PepsiCo billions
• Negative Sentiment: Analyst price-target trims and negative outlooks: RBC trimmed its PT to $163, JPMorgan lowered its PT to $172 (still overweight), and UBS issued a pessimistic forecast — these actions signal analyst caution and cap upside while the company rebalances snack pricing and restores distribution. RBC trims price target on PepsiCo to $163 JPMorgan adjusts price target on PepsiCo to $172
• Negative Sentiment: Independent bearish take: UBS’s pessimistic forecast adds downside risk should snack recovery stall or margin pressure persist. UBS Group Issues Pessimistic Forecast for PepsiCo

Analysts Set New Price Targets

Several research analysts have weighed in on PEP shares. Wall Street Zen upgraded PepsiCo from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. HSBC raised their price target on PepsiCo from $152.00 to $175.00 and gave the stock a “hold” rating in a research report on Thursday, February 5th. TD Cowen raised their price target on PepsiCo from $162.00 to $165.00 and gave the stock a “hold” rating in a research report on Friday, February 20th. Argus upgraded PepsiCo to a “hold” rating in a research report on Tuesday, February 17th. Finally, Rothschild & Co Redburn raised their price target on PepsiCo from $120.00 to $130.00 and gave the stock a “sell” rating in a research report on Tuesday, February 10th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $168.47.

PepsiCo Stock Up 1.7%

Shares of NASDAQ PEP opened at $157.49 on Friday. 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, Inc. has a 52 week low of $127.60 and a 52 week high of $171.48. The stock has a market capitalization of $215.28 billion, a P/E ratio of 26.25, a PEG ratio of 2.98 and a beta of 0.40. The stock’s fifty day moving average is $160.52 and its 200 day moving average is $150.92.

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

PepsiCo Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 6th were paid a $1.4225 dividend. The ex-dividend date of this dividend was Friday, March 6th. This represents a $5.69 annualized dividend and a yield of 3.6%. PepsiCo’s dividend payout ratio (DPR) is 94.83%.

PepsiCo announced that its board has authorized 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 shares through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.

About PepsiCo

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.