Mirae Asset Global Investments Co. Ltd. Acquires New Shares in PepsiCo, Inc. $PEP

Mirae Asset Global Investments Co. Ltd. acquired a new stake in PepsiCo, Inc. (NASDAQ:PEP) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,225,743 shares of the company’s stock, valued at approximately $282,046,000. Mirae Asset Global Investments Co. Ltd. owned about 0.16% of PepsiCo as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Evergreen Advisors LLC bought a new stake in PepsiCo in the 1st quarter valued at $25,000. Montgomery Financial Services LLC bought a new position in PepsiCo during the second quarter worth $25,000. Atlatl Advisers LLC bought a new position in PepsiCo during the second quarter worth $31,000. Osterweis Capital Management Inc. acquired a new position in shares of PepsiCo in the second quarter valued at $31,000. Finally, Kilter Group LLC acquired a new position in shares of PepsiCo in the second quarter valued at $33,000. 73.07% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Ramon Laguarta sold 30,000 shares of the stock in a transaction on Wednesday, October 21st. The shares were sold at an average price of $135.13, for a total transaction of $4,053,900.00. Following the transaction, the chief executive officer directly owned 491,645 shares of the company’s stock, valued at $66,435,988.85. This represents a 5.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert Pohlad purchased 184,646 shares of the firm’s stock in a transaction on Wednesday, October 14th. The stock was bought at an average cost of $128.28 per share, with a total value of $23,686,388.88. Following the completion of the purchase, the director owned 433,009 shares of the company’s stock, valued at approximately $55,546,394.52. This represents a 74.35% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.12% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

PEP has been the topic of several research analyst reports. The Goldman Sachs Group reissued a “buy” rating and issued a $165.00 price objective on shares of PepsiCo in a research report on Thursday, October 8th. Wells Fargo & Company cut their price target on PepsiCo from $140.00 to $135.00 and set an “equal weight” rating for the company in a research note on Monday, October 5th. Morgan Stanley set a $145.00 target price on PepsiCo in a report on Friday, October 9th. Freedom Broker raised shares of PepsiCo from a “hold” rating to a “strong-buy” rating in a research note on Saturday, October 10th. Finally, Jefferies Financial Group restated a “hold” rating on shares of PepsiCo in a research report on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $143.28.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Quarterly results exceeded expectations. Third-quarter revenue rose 5.6% year over year to $25.27 billion, topping consensus, while core earnings per share of $2.34 also beat estimates. Organic revenue growth accelerated to 3.1%. Why PepsiCo (PEP) Stock Is Up Today
• Positive Sentiment: Operating trends showed improvement. PepsiCo reported organic volume growth across global beverages and convenient foods, broad strength in international markets, and sequential improvement in North American foods. Its updated outlook calls for approximately 6% net revenue growth and about 3% organic revenue growth in 2026. Why PepsiCo (PEP) Stock Is Up Today
• Positive Sentiment: Income appeal remains a supporting factor. Analysts and investment commentary continue to highlight PepsiCo’s dividend, which offers a yield above 4%, as well as the defensive nature of its combined beverage-and-snacks portfolio. Why Is PepsiCo Stock Falling, and Is It a Buying Opportunity?
• Neutral Sentiment: Valuation and positioning could attract buyers. PEP trades well below its 52-week high, and the median analyst price target cited is $168 versus a recent share price near $137. However, institutional ownership data showed both significant additions and reductions, indicating mixed conviction.
• Negative Sentiment: Profit guidance was reduced. PepsiCo cut its 2026 core constant-currency EPS growth forecast to 1%–2%, down from the low end of its prior 4%–6% range. The downgrade reflects continuing pressure on margins and profitability despite firmer revenue expectations. PepsiCo stock outlook cut as North American reset deepens
• Negative Sentiment: North America remains the key risk. PepsiCo has cut prices by as much as 15% to win back price-sensitive consumers, raising questions about pricing power and future margins. The stock also remains below its 200-day moving average, reflecting investors’ caution about the recovery.

PepsiCo Price Performance

Shares of NASDAQ PEP opened at $137.34 on Friday. PepsiCo, Inc. has a twelve month low of $123.47 and a twelve month high of $171.48. The firm has a fifty day simple moving average of $133.49 and a 200 day simple moving average of $145.87. The company has a market capitalization of $187.16 billion, a PE ratio of 17.25, a P/E/G ratio of 4.10 and a beta of 0.35. The company has a quick ratio of 0.76, a current ratio of 0.94 and a debt-to-equity ratio of 1.90.

PepsiCo (NASDAQ:PEP) last issued its earnings results on Wednesday, October 7th. The company reported $2.34 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.05. The business had revenue of $25.27 billion during the quarter, compared to the consensus estimate of $24.95 billion. PepsiCo had a return on equity of 53.08% and a net margin of 11.09%. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the previous year, the company posted $2.29 earnings per share. On average, sell-side analysts forecast that PepsiCo, Inc. will post 8.39 EPS for the current year.

PepsiCo Company Profile

PepsiCo, Inc (NASDAQ:PEP) is a global food and beverage company whose portfolio includes Pepsi-Cola, Mountain Dew, Gatorade, Lay’s, Doritos, Cheetos, Quaker, Tostitos, Fritos, and SodaStream. Its products span carbonated soft drinks, sports and energy beverages, bottled water, juices, convenient foods, snacks, and other packaged food offerings.

The company sells products through retail stores, restaurants, food-service providers, e-commerce platforms, and other distribution channels. PepsiCo serves consumers in North America and international markets across Latin America, Europe, Africa, the Middle East, and Asia-Pacific.