Invesco Ltd. Boosts Holdings in PepsiCo, Inc. $PEP

Invesco Ltd. grew its position in PepsiCo, Inc. (NASDAQ:PEP) by 7.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,617,747 shares of the company’s stock after purchasing an additional 958,701 shares during the quarter. Invesco Ltd. owned about 1.00% of PepsiCo worth $1,912,476,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Clayton Financial Group LLC purchased a new stake in PepsiCo in the third quarter valued at about $872,000. Avantax Advisory Services Inc. grew its stake in shares of PepsiCo by 2.6% during the second quarter. Avantax Advisory Services Inc. now owns 185,961 shares of the company’s stock worth $24,554,000 after acquiring an additional 4,627 shares during the last quarter. Kathmere Capital Management LLC increased its holdings in shares of PepsiCo by 122.6% during the third quarter. Kathmere Capital Management LLC now owns 20,365 shares of the company’s stock valued at $2,860,000 after acquiring an additional 11,217 shares in the last quarter. Mediolanum International Funds Ltd raised its position in shares of PepsiCo by 19.3% in the 3rd quarter. Mediolanum International Funds Ltd now owns 252,916 shares of the company’s stock valued at $35,451,000 after purchasing an additional 40,947 shares during the last quarter. Finally, Townsquare Capital LLC raised its position in shares of PepsiCo by 96.5% in the 3rd quarter. Townsquare Capital LLC now owns 40,383 shares of the company’s stock valued at $5,671,000 after purchasing an additional 19,829 shares during the last quarter. 73.07% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Jefferies Financial Group boosted their target price on shares of PepsiCo from $163.00 to $164.00 and gave the stock a “hold” rating in a research report on Tuesday, December 9th. TD Cowen lifted their price objective on shares of PepsiCo from $162.00 to $165.00 and gave the stock a “hold” rating in a research note on Friday, February 20th. UBS Group reissued a “buy” rating and set a $190.00 price objective on shares of PepsiCo in a report on Wednesday, February 4th. Argus raised PepsiCo to a “hold” rating in a research report on Tuesday, February 17th. Finally, Barclays lifted their price target on PepsiCo from $148.00 to $160.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. Eight research 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. Based on data from MarketBeat, PepsiCo presently has an average rating of “Hold” and an average price target of $169.00.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is pushing AI across marketing, supply chain and R&D to drive efficiency and revenue growth — a technology-led productivity story that supports longer-term margin expansion. PepsiCo’s refreshing take on AI to fuel global growth
• Positive Sentiment: Industry sponsorship trends in EMEA (soccer-focused, high-value energy drink deals) create promotional and distribution opportunities for PepsiCo’s beverage brands in Europe — a demand tailwind for on-premise and event marketing. EMEA Non-Alcoholic Beverages Sponsorship in Sports Business Report 2025
• Positive Sentiment: PepsiCo is actively expanding in meat snacks with the “Good Warrior” push and broader pivot into higher-growth savory/snack niches — a diversification move that could boost faster-growing, higher-margin categories over time. PepsiCo to fight for meat snack market share with ‘Good Warrior’
• Positive Sentiment: Several analyst pieces have turned constructive — noting revenue and margin recovery, an upgrade and a valuation case that still looks appealing vs. peers — which supports upside if execution continues. PepsiCo: Headwinds Are Finally Retreating (Rating Upgrade)
• Neutral Sentiment: PepsiCo agreed to buy prebiotic soda Poppi for about $1.95B to accelerate its functional, low‑sugar beverage push and expand into the UK — strategic for younger consumers but raising near-term valuation and integration questions. PepsiCo Poppi Deal Tests Functional Beverage Push And Valuation Gap
• Neutral Sentiment: Options-income trade ideas circulating in the market (sell options against PEP) reflect investor interest in collecting yield from a relatively stable consumer-staples name, but they’re more a derivative/positioning signal than a direct fundamental catalyst. Sell Options On PepsiCo For A 10%+ Yield
• Negative Sentiment: PepsiCo is closing some Frito‑Lay factories in 2026, which may reflect cost cutting and rationalization but also raises near-term execution, labor and supply‑chain disruption concerns that can pressure sentiment. PepsiCo is closing Frito-Lay factories in 2026 (Are more to come?)
• Negative Sentiment: Critical analysis notes that while trends are improving, some core problems — e.g., margin pressure in lower-growth categories and the need to prove sustainable organic growth — remain; that caution is likely weighing on the stock. PepsiCo: Improving, But Core Problems Remain

PepsiCo Stock Performance

Shares of NASDAQ PEP opened at $158.86 on Friday. The company has a 50 day simple moving average of $156.36 and a two-hundred day simple moving average of $149.59. The stock has a market cap of $217.11 billion, a price-to-earnings ratio of 26.48, a PEG ratio of 3.07 and a beta of 0.39. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 2.06. PepsiCo, Inc. has a 12 month low of $127.60 and a 12 month high of $171.48.

PepsiCo (NASDAQ:PEP) last issued its earnings results on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.24 by $0.02. The firm had revenue of $29.34 billion during the quarter, compared to analysts’ expectations of $28.96 billion. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The firm’s revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.96 earnings per share. As a group, analysts predict that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 6th will be paid a dividend of $1.4225 per share. The ex-dividend date is Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a dividend yield of 3.6%. PepsiCo’s dividend payout ratio (DPR) is presently 94.83%.

PepsiCo announced that its board has approved a stock repurchase program on Tuesday, February 3rd that authorizes the company to buyback $10.00 billion in outstanding shares. This buyback authorization authorizes the company to purchase up to 4.7% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

PepsiCo Company 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.