Baillie Gifford & Co. Has $93.32 Million Position in PepsiCo, Inc. $PEP

Key Points

• Institutional investor Baillie Gifford cut its stake in PepsiCo by 1.9% in Q4, selling 12,342 shares and ending the period with 650,222 shares valued at $93.32 million, while overall institutional ownership stands at about 73.07%.
• PepsiCo recently paid a quarterly dividend of $1.4225 (annualized $5.69, ~3.7% yield), reported a small EPS beat for the quarter and revenue growth of 5.6% YoY, and its board authorized a $10.00 billion share buyback (~4.7% of shares).
• Wall Street views are mixed: the consensus rating is "Hold" with a $168.47 target, amid diverging analyst moves (some raised targets, others like RBC trimmed theirs) and concerns about tariff-related costs and moderating North America demand that could pressure near-term margins.

Baillie Gifford & Co. cut its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 1.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 650,222 shares of the company's stock after selling 12,342 shares during the quarter. Baillie Gifford & Co.'s holdings in PepsiCo were worth $93,320,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Evolution Wealth Management Inc. acquired a new position in shares of PepsiCo during the 2nd quarter worth approximately $27,000. JCIC Asset Management Inc. acquired a new position in shares of PepsiCo during the 3rd quarter worth approximately $27,000. MH & Associates Securities Management Corp ADV acquired a new position in shares of PepsiCo during the 4th quarter worth approximately $29,000. Imprint Wealth LLC acquired a new position in shares of PepsiCo during the 3rd quarter worth approximately $31,000. Finally, Halbert Hargrove Global Advisors LLC increased its holdings in shares of PepsiCo by 667.7% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company's stock worth $33,000 after acquiring an additional 207 shares during the last quarter. 73.07% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Inclusion on a list of high-dividend NASDAQ names highlights PepsiCo’s yield appeal to income investors, supporting demand for the shares. RBC’s coverage note that accompanied the list reiterated a Sector Perform rating (even while trimming the target). Is PepsiCo (PEP) Among the 13 NASDAQ Stocks with Highest Dividends?
• Positive Sentiment: Promotional partnerships and limited-time product variants (e.g., retailer exclusives) can lift short-term sales and velocity for brands PepsiCo owns (snack/cereal lines), which is a near-term sales positive if execution and placement are strong. Walmart adds exclusive flavor of popular cereal
• Positive Sentiment: Macro cost relief: coverage noting a potential easing of “snackflation” suggests commodity/input-cost pressure may be peaking — a tailwind for gross margins if sustained. The ‘Snackflation’ Breaking Point
• Neutral Sentiment: PepsiCo is one of several large, closely watched companies reporting in the coming days; the market is positioning ahead of Q1 results, which increases intraday volatility but is information-driven rather than directional until results arrive. 3 Quarterly Reports to Watch This Week: NFLX, PEP, TSM
• Neutral Sentiment: Analyst commentary and strategy pieces highlight PepsiCo’s growth credentials and innovation momentum, making it attractive for some growth/income portfolios — but these are longer-horizon positives rather than immediate catalysts. Here's Why PepsiCo (PEP) is a Strong Growth Stock
• Negative Sentiment: Royal Bank of Canada cut its price target to $163 (from $165) and flagged moderating North America demand and tariff-related cost pressure in pre-earnings notes — both items that can compress near-term margins and weigh on the stock ahead of Q1 results. Royal Bank Of Canada Cuts PepsiCo NASDAQ: PEP Price Target to $163.00
• Negative Sentiment: Zacks’ pre-earnings coverage warns tariffs and softer North America performance could test margins, increasing the risk that Q1 results or guidance disappoint relative to expectations. That uncertainty is likely a primary driver of today’s downside. PepsiCo Gears Up for Q1 Results: Is It a Smart Pre-Earnings Bet?

Wall Street Analyst Weigh In

Several analysts recently issued reports on PEP shares. Weiss Ratings restated a "hold (c)" rating on shares of PepsiCo in a research note on Wednesday, April 8th. HSBC boosted their price target on PepsiCo from $152.00 to $175.00 and gave the company a "hold" rating in a research note on Thursday, February 5th. Piper Sandler boosted their price target on PepsiCo from $172.00 to $181.00 and gave the company an "overweight" rating in a research note on Thursday, March 12th. UBS Group reduced their price target on PepsiCo from $190.00 to $186.00 and set a "buy" rating for the company in a research note on Tuesday, April 7th. Finally, Barclays boosted their price target on PepsiCo from $148.00 to $160.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 4th. Eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, PepsiCo currently has an average rating of "Hold" and a consensus target price of $168.47.

PepsiCo Stock Performance

NASDAQ:PEP opened at $155.88 on Tuesday. The stock has a fifty day moving average price of $160.60 and a 200-day moving average price of $151.27. The company has a market cap of $213.08 billion, a price-to-earnings ratio of 25.98, a PEG ratio of 3.03 and a beta of 0.40. 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, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $171.48.

PepsiCo (NASDAQ:PEP - Get Free Report) last released its earnings results on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, beating analysts' consensus estimates of $2.24 by $0.02. The firm had revenue of $29.34 billion during the quarter, compared to the consensus estimate of $28.96 billion. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The company's revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.96 EPS. As a group, equities analysts anticipate that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Announces Dividend

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

PepsiCo announced that its board has authorized a share repurchase plan on Tuesday, February 3rd that authorizes the company to buyback $10.00 billion in shares. This buyback authorization authorizes the company to repurchase up to 4.7% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its stock is 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.

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