Mediolanum International Funds Ltd Boosts Stock Position in PepsiCo, Inc. $PEP

Mediolanum International Funds Ltd increased its position in PepsiCo, Inc. (NASDAQ:PEP) by 22.4% in the 1st quarter, HoldingsChannel reports. The fund owned 254,688 shares of the company’s stock after buying an additional 46,549 shares during the quarter. Mediolanum International Funds Ltd’s holdings in PepsiCo were worth $39,940,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Swiss Life Asset Management Ltd increased its stake in PepsiCo by 11.4% in the 4th quarter. Swiss Life Asset Management Ltd now owns 415,271 shares of the company’s stock worth $59,600,000 after buying an additional 42,335 shares in the last quarter. Murphy Middleton Hinkle & Parker Inc. lifted its position in shares of PepsiCo by 622.3% in the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 35,603 shares of the company’s stock valued at $5,110,000 after acquiring an additional 30,674 shares in the last quarter. Allstate Corp lifted its position in shares of PepsiCo by 108.1% in the fourth quarter. Allstate Corp now owns 104,723 shares of the company’s stock valued at $15,030,000 after acquiring an additional 54,405 shares in the last quarter. National Pension Service boosted its stake in shares of PepsiCo by 2.5% in the fourth quarter. National Pension Service now owns 3,143,939 shares of the company’s stock worth $451,218,000 after acquiring an additional 77,051 shares during the period. Finally, Knights of Columbus Asset Advisors LLC grew its position in shares of PepsiCo by 90.0% during the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 94,652 shares of the company’s stock worth $13,584,000 after purchasing an additional 44,824 shares in the last quarter. Institutional investors own 73.07% of the company’s stock.

PepsiCo Stock Down 1.7%

Shares of NASDAQ:PEP opened at $137.12 on Friday. The company has a market cap of $187.15 billion, a price-to-earnings ratio of 17.97, a PEG ratio of 3.01 and a beta of 0.36. PepsiCo, Inc. has a 12 month low of $134.65 and a 12 month high of $171.48. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91. The company has a 50-day moving average price of $143.53 and a 200 day moving average price of $151.21.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings data on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.01. The company had revenue of $24.18 billion for the quarter, compared to analysts’ expectations of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, equities research analysts predict that PepsiCo, Inc. will post 8.58 earnings per share for the current year.

PepsiCo Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 5th were issued a dividend of $1.48 per share. This represents a $5.92 annualized dividend and a yield of 4.3%. The ex-dividend date was Friday, June 5th. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s payout ratio is currently 77.59%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Bank of America lowered their price target on PepsiCo from $173.00 to $164.00 and set a “neutral” rating on the stock in a report on Thursday, June 25th. The Goldman Sachs Group lifted their price target on shares of PepsiCo from $180.00 to $183.00 and gave the company a “buy” rating in a report on Friday, April 17th. Rothschild & Co Redburn boosted their price target on shares of PepsiCo from $130.00 to $132.00 in a research note on Monday, May 11th. Citigroup lowered PepsiCo from a “buy” rating to a “neutral” rating and cut their price objective for the company from $170.00 to $145.00 in a research report on Friday, July 10th. Finally, Sanford C. Bernstein set a $134.00 target price on PepsiCo in a report on Friday, July 10th. Seven analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $157.70.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo declared a quarterly dividend of $1.48 per share, a 4% increase from a year ago, which reinforces its appeal as a steady income stock. PepsiCo Declares Quarterly Dividend
• Positive Sentiment: PepsiCo India reported robust first-half growth and said it will set up a new food manufacturing facility in Tamil Nadu, signaling continued international expansion. PepsiCo India sees robust growth in H1
• Positive Sentiment: PepsiCo’s CEO said the company remains cautiously optimistic about the second half, citing resilient demand in the face of weather-related uncertainty. PepsiCo cautiously optimistic on H2 amid robust demand
• Neutral Sentiment: PepsiCo is drawing more investor attention, but the Zacks items are mostly watchlist-style coverage rather than new fundamental news. PepsiCo, Inc. (PEP) is Attracting Investor Attention
• Neutral Sentiment: PepsiCo is pushing sustainable sourcing further, saying 70% of ingredients now come from sustainable sources and targeting 90% by 2030, which supports long-term ESG goals but is unlikely to move the stock near term. PepsiCo (PEP) Pushes Sustainable Sourcing
• Negative Sentiment: Erste Group Bank trimmed PepsiCo’s FY2026 and FY2027 earnings estimates, adding to concern that profit growth may be slower than previously expected. PepsiCo estimate cuts
• Negative Sentiment: Broader commentary that U.S. grocery unit sales are falling suggests a tougher demand backdrop for PepsiCo and other packaged-food companies. U.S. grocery unit sales falling
• Negative Sentiment: Coverage noting that PepsiCo stock is near a one-year low highlights ongoing investor concern about the company’s growth and margin outlook. Why PepsiCo’s stock is at a 1-year low

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.