Bank Pictet & Cie Europe AG Sells 5,593 Shares of PepsiCo, Inc. $PEP

Bank Pictet & Cie Europe AG lowered its position in PepsiCo, Inc. (NASDAQ:PEP) by 8.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 61,508 shares of the company’s stock after selling 5,593 shares during the period. Bank Pictet & Cie Europe AG’s holdings in PepsiCo were worth $8,828,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Victory Financial Group LLC bought a new stake in PepsiCo in the fourth quarter worth approximately $302,000. Lodestone Wealth Management LLC acquired a new stake in shares of PepsiCo in the 4th quarter valued at $88,000. Frank Rimerman Advisors LLC lifted its stake in shares of PepsiCo by 16.4% in the 4th quarter. Frank Rimerman Advisors LLC now owns 20,772 shares of the company’s stock valued at $2,981,000 after purchasing an additional 2,931 shares during the last quarter. Nilsine Partners LLC boosted its holdings in PepsiCo by 1.1% in the fourth quarter. Nilsine Partners LLC now owns 10,525 shares of the company’s stock worth $1,511,000 after purchasing an additional 116 shares in the last quarter. Finally, Econ Financial Services Corp acquired a new position in PepsiCo during the fourth quarter worth $2,331,000. 73.07% of the stock is currently owned by institutional investors and hedge funds.

PepsiCo News Summary

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 Price Performance

NASDAQ PEP opened at $154.65 on Thursday. The stock has a 50-day simple moving average of $159.41 and a 200 day simple moving average of $150.36. PepsiCo, Inc. has a twelve month low of $127.60 and a twelve month high of $171.48. The stock has a market capitalization of $211.40 billion, a PE ratio of 25.78, a P/E/G ratio of 2.99 and a beta of 0.39. 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 released its earnings results on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.24 by $0.02. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The firm had revenue of $29.34 billion for the quarter, compared to analyst estimates of $28.96 billion. During the same quarter last year, the firm posted $1.96 EPS. The company’s revenue was up 5.6% on a year-over-year basis. Research analysts anticipate that PepsiCo, Inc. will post 8.3 EPS for the current year.

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

PepsiCo Dividend Announcement

The business also recently announced 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 of this dividend was Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.7%. PepsiCo’s payout ratio is 94.83%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on PEP shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PepsiCo in a research report on Friday, January 9th. Citigroup raised their price objective on PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Rothschild & Co Redburn upped their target price on PepsiCo from $120.00 to $130.00 and gave the stock a “sell” rating in a research report on Tuesday, February 10th. Argus upgraded PepsiCo to a “hold” rating in a report on Tuesday, February 17th. Finally, HSBC lifted their price target on shares of PepsiCo from $152.00 to $175.00 and gave the company a “hold” rating in a research report on Thursday, February 5th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, PepsiCo currently has a consensus rating of “Hold” and an average 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.