PepsiCo, Inc. $PEP Shares Bought by International Assets Investment Management LLC

Key Points

• Institutional buying increased: International Assets Investment Management raised its PepsiCo stake by 1,128.7% to 176,000 shares worth approximately $22.3 million. Institutional investors and hedge funds collectively own 73.07% of PEP.
• Quarterly results beat expectations: PepsiCo reported $2.34 in earnings per share and $25.27 billion in revenue, exceeding analyst estimates, while revenue increased 5.6% year over year.
• Analyst sentiment remains cautious: PepsiCo has a consensus “Hold” rating and an average price target of $143.28, modestly above its reported trading price of $137.34. A director made a significant purchase, while CEO Ramon Laguarta sold 30,000 shares.

International Assets Investment Management LLC lifted its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 1,128.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 176,000 shares of the company's stock after acquiring an additional 161,676 shares during the period. International Assets Investment Management LLC's holdings in PepsiCo were worth $22,303,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of PEP. Bank of America Corp DE acquired a new stake in PepsiCo during the 2nd quarter worth $2,755,509,000. Legal & General Group Plc acquired a new position in PepsiCo in the second quarter valued at $1,200,274,000. Corient Private Wealth LP purchased a new stake in shares of PepsiCo in the second quarter valued at about $297,116,000. Canada Pension Plan Investment Board purchased a new stake in shares of PepsiCo in the second quarter valued at about $487,558,000. Finally, Assenagon Asset Management S.A. boosted its stake in shares of PepsiCo by 952.6% during the second quarter. Assenagon Asset Management S.A. now owns 3,715,812 shares of the company's stock worth $503,121,000 after buying an additional 3,362,794 shares during the period. 73.07% of the stock is owned by institutional investors and hedge funds.

PepsiCo Trading Up 2.7%

NASDAQ PEP opened at $137.34 on Friday. The stock has a market capitalization of $187.16 billion, a P/E ratio of 17.25, a P/E/G ratio of 4.00 and a beta of 0.35. PepsiCo, Inc. has a 52-week low of $123.47 and a 52-week high of $171.48. The firm has a 50-day moving average price of $133.49 and a 200 day moving average price of $145.87. 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 - Get Free Report) last posted its quarterly earnings results on Wednesday, October 7th. The company reported $2.34 earnings per share for the quarter, beating analysts' consensus estimates of $2.29 by $0.05. The firm had revenue of $25.27 billion for 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 company's revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the previous year, the business earned $2.29 earnings per share. Equities research analysts expect that PepsiCo, Inc. will post 8.39 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Sanford C. Bernstein restated a "market perform" rating on shares of PepsiCo in a research report on Friday, October 9th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $132.00 price objective on shares of PepsiCo in a research report on Friday, October 9th. Royal Bank Of Canada lowered their target price on PepsiCo from $161.00 to $150.00 and set a "sector perform" rating on the stock in a research note on Tuesday, October 6th. Jefferies Financial Group reissued a "hold" rating on shares of PepsiCo in a report on Thursday, October 8th. Finally, Morgan Stanley set a $145.00 price target on PepsiCo in a research note on Friday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, PepsiCo has a consensus rating of "Hold" and a consensus price target of $143.28.

Insider Transactions at PepsiCo

In other news, Director Robert C. Pohlad purchased 184,646 shares of the firm's stock in a transaction dated Wednesday, October 14th. The shares were acquired at an average price of $128.28 per share, with a total value of $23,686,388.88. Following the purchase, the director directly owned 433,009 shares of the company's stock, valued at $55,546,394.52. The trade was a 74.35% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Ramon Laguarta sold 30,000 shares of the company's stock in a transaction that occurred on Wednesday, October 21st. The stock was sold at an average price of $135.13, for a total value of $4,053,900.00. Following the completion of the sale, the chief executive officer owned 491,645 shares in the company, valued at approximately $66,435,988.85. This represents a 5.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.12% of the stock is currently owned by insiders.

Key PepsiCo News

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.

About PepsiCo

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.

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