PepsiCo, Inc. $PEP Shares Bought by QRG Capital Management Inc.

QRG Capital Management Inc. grew its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 5.9% during the fourth quarter, Holdings Channel reports. The firm owned 163,938 shares of the company’s stock after acquiring an additional 9,203 shares during the quarter. QRG Capital Management Inc.’s holdings in PepsiCo were worth $23,528,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of PEP. AQR Capital Management LLC grew its position in shares of PepsiCo by 120.7% during the third quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock worth $830,902,000 after acquiring an additional 3,235,726 shares during the last quarter. Amundi grew its position in shares of PepsiCo by 30.0% during the third quarter. Amundi now owns 8,641,588 shares of the company’s stock worth $1,207,230,000 after acquiring an additional 1,995,362 shares during the last quarter. Vanguard Group Inc. grew its position in shares of PepsiCo by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company’s stock worth $19,875,205,000 after acquiring an additional 1,612,652 shares during the last quarter. Caisse de depot et placement du Quebec grew its position in shares of PepsiCo by 151.7% during the third quarter. Caisse de depot et placement du Quebec now owns 2,597,986 shares of the company’s stock worth $364,861,000 after acquiring an additional 1,565,883 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in shares of PepsiCo by 406.0% during the fourth quarter. SG Americas Securities LLC now owns 1,789,959 shares of the company’s stock worth $256,895,000 after acquiring an additional 1,436,216 shares during the last quarter. 73.07% of the stock is owned by institutional investors and hedge funds.

PepsiCo Stock Performance

NASDAQ:PEP opened at $154.59 on Tuesday. PepsiCo, Inc. has a twelve month low of $127.60 and a twelve month high of $171.48. The company has a current ratio of 0.90, a quick ratio of 0.72 and a debt-to-equity ratio of 1.98. The company has a 50-day moving average of $157.96 and a 200-day moving average of $152.43. The firm has a market cap of $211.29 billion, a price-to-earnings ratio of 24.27, a price-to-earnings-growth ratio of 2.88 and a beta of 0.38.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings data on Thursday, April 16th. The company reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.55 by $0.06. PepsiCo had a net margin of 9.15% and a return on equity of 56.61%. The company had revenue of $19.44 billion during the quarter, compared to analyst estimates of $18.89 billion. During the same quarter last year, the firm posted $1.48 EPS. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.465-8.628 EPS. Analysts forecast that PepsiCo, Inc. will post 8.63 earnings per share for the current fiscal year.

PepsiCo announced that its board has approved a share repurchase plan on Tuesday, February 3rd that permits the company to buyback $10.00 billion in shares. This buyback authorization permits the company to purchase up to 4.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

PepsiCo Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 6th were given a dividend of $1.4225 per share. The ex-dividend date was Friday, March 6th. This represents a $5.69 annualized dividend and a dividend yield of 3.7%. PepsiCo’s dividend payout ratio (DPR) is 89.32%.

Wall Street Analyst Weigh In

PEP has been the subject of several recent research reports. Piper Sandler upped their price target on shares of PepsiCo from $172.00 to $181.00 and gave the stock an “overweight” rating in a research report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft upped their price target on shares of PepsiCo from $169.00 to $173.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Citigroup increased their target price on shares of PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. BNP Paribas Exane increased their target price on shares of PepsiCo from $191.00 to $195.00 and gave the company an “outperform” rating in a research report on Friday, April 17th. Finally, Evercore increased their target price on shares of PepsiCo from $165.00 to $170.00 in a research report on Friday, April 17th. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $170.26.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: UBS reiterated a Buy on PEP and highlighted strong earnings momentum, backing a $186 price target — a bullish signal that supports the stock’s medium-term valuation and could limit downside from short-term noise. UBS Highlights Strong Earnings Momentum for PepsiCo (PEP)
• Positive Sentiment: Management’s productivity and cost-savings initiatives are being emphasized as a key buffer against inflationary pressure — this reduces earnings risk and supports margin resilience if input costs rise. Can Productivity Savings Shield PepsiCo From Inflation Pressures?
• Positive Sentiment: Product innovation and portfolio expansion (Tostitos refrigerated dips, Pure Leaf Mental Focus sparkling teas, MUG/Quaker collaborations) broaden growth levers and help drive incremental revenue in higher-margin formats. Investors view new SKUs and cross-brand bundles as supportive for top-line momentum. PepsiCo Balances Human Rights Scrutiny With Health Focused Product Expansion
• Positive Sentiment: Gatorade’s “Body of Science” multi-year research commitment targets women’s hydration needs — a meaningful brand and R&D investment that can deepen category leadership and support future product commercialization. Gatorade Unveils “Body of Science”
• Neutral Sentiment: Dividend-focused write-ups continue to include PepsiCo as a reliable dividend compounder, which supports long-term investor demand but has limited immediate impact on intraday moves. 10 Years, Zero Regrets: The Dividend Stocks I Keep Buying
• Negative Sentiment: A shareholder proposal seeks more detailed reporting on human-rights policy effectiveness and due diligence; governance scrutiny ahead of the annual meeting can create uncertainty and headline risk that depresses sentiment. PepsiCo Balances Human Rights Scrutiny With Health Focused Product Expansion
• Negative Sentiment: One roundup included PEP among “unpopular” names receiving downbeat forecasts, which can prompt tactical selling by momentum or quant funds and add selling pressure even if fundamentals remain intact. 3 Unpopular Stocks We Keep Off Our Radar

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.