PepsiCo, Inc. $PEP Shares Sold by Bokf Na

Bokf Na trimmed its position in PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 8.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 124,838 shares of the company's stock after selling 12,210 shares during the period. Bokf Na's holdings in PepsiCo were worth $17,917,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its stake in PepsiCo by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company's stock valued at $19,875,205,000 after acquiring an additional 1,612,652 shares during the period. State Street Corp boosted its stake in PepsiCo by 1.8% in the third quarter. State Street Corp now owns 59,499,819 shares of the company's stock valued at $8,356,155,000 after acquiring an additional 1,079,970 shares during the period. Invesco Ltd. boosted its stake in PepsiCo by 7.6% in the third quarter. Invesco Ltd. now owns 13,617,747 shares of the company's stock valued at $1,912,476,000 after acquiring an additional 958,701 shares during the period. Legal & General Group Plc boosted its stake in PepsiCo by 1.3% in the third quarter. Legal & General Group Plc now owns 8,902,664 shares of the company's stock valued at $1,250,290,000 after acquiring an additional 118,286 shares during the period. Finally, Amundi boosted its stake in PepsiCo by 30.0% in the third quarter. Amundi now owns 8,641,588 shares of the company's stock valued at $1,207,230,000 after acquiring an additional 1,995,362 shares during the period. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Wells Fargo & Company lifted their target price on PepsiCo from $154.00 to $165.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 4th. TD Cowen lifted their target price on PepsiCo from $162.00 to $165.00 and gave the company a "hold" rating in a research note on Friday, February 20th. UBS Group reduced their price objective on PepsiCo from $190.00 to $186.00 and set a "buy" rating for the company in a research report on Tuesday, April 7th. BNP Paribas Exane boosted their price objective on PepsiCo from $191.00 to $195.00 and gave the stock an "outperform" rating in a research report on Friday, April 17th. Finally, Wall Street Zen downgraded PepsiCo from a "buy" rating to a "hold" rating in a research report on Saturday, April 18th. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $170.26.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Competitive Q1 showing vs. Coca‑Cola — analysis notes PepsiCo leaned on snacks, international resilience and an “affordability reset” to revive North American volumes, widening a gap with Coca‑Cola and supporting revenue diversification. PepsiCo vs Coca-Cola: A Decade-Long Fight for Dominance
• Positive Sentiment: Productivity and cost savings seen as a hedge against inflation — Zacks highlights management’s multi-pronged productivity program (cost efficiencies, supply-chain optimization, disciplined overhead) that supports margins and EPS guidance. Can Productivity Savings Shield PepsiCo From Inflation Pressures?
• Positive Sentiment: New low‑carbon fertilizer attribute agreement with TalusAg — a sustainability/supply‑chain move that may reduce long‑term input‑cost and ESG risk; it’s PepsiCo’s first executed transaction of this type. PepsiCo and TalusAg Announce Low-carbon Ammonia Attribute Agreement
• Positive Sentiment: Brand and product innovation — Gatorade’s multi‑year “Body of Science” research and new product launches (Tostitos refrigerated dips, Pure Leaf Mental Focus sparkling teas, Quaker protein SKUs) support long‑term growth and portfolio expansion. Gatorade Unveils "Body of Science" PepsiCo Balances Human Rights Scrutiny With Health Focused Product Expansion
• Positive Sentiment: Partnerships boosting adjacent categories — coverage on Celsius notes Pepsi partnerships (distribution/marketing) that help expand energy‑category exposure without heavy capex. This supports top‑line optionality. Will Celsius Holdings Stock Extend Its Earnings Beat Streak in Q1?
• Positive Sentiment: Investor income appeal — recent dividend‑focused writeups list PepsiCo among steady dividend names, supporting demand from income investors. 10 Years, Zero Regrets: The Dividend Stocks I Keep Buying
• Neutral Sentiment: Retail/market lists and “best consumer staples” features — inclusion in consumer‑staples roundups can provide marketing lift but usually has limited immediate price impact. Best Consumer Staples Stocks to Buy in 2026
• Neutral Sentiment: Broader negative-themed roundup that mentions “unpopular stocks” — unless the piece singles out PepsiCo with fresh downgrades, these lists tend to have limited direct impact. 3 Unpopular Stocks We Keep Off Our Radar
• Negative Sentiment: Shareholder proposal on human‑rights reporting — a governance/ESG proposal seeking more detailed effectiveness reporting is gaining attention ahead of the annual meeting; could raise compliance and disclosure expectations and pressure sentiment if voting outcomes are contentious. PepsiCo Balances Human Rights Scrutiny With Health Focused Product Expansion

PepsiCo Stock Performance

Shares of NASDAQ PEP opened at $155.04 on Wednesday. The company has a market cap of $211.90 billion, a PE ratio of 24.34, a P/E/G ratio of 2.83 and a beta of 0.38. PepsiCo, Inc. has a 12-month low of $127.60 and a 12-month high of $171.48. The stock has a 50 day simple moving average of $157.76 and a 200-day simple moving average of $152.46. The company has a current ratio of 0.90, a quick ratio of 0.72 and a debt-to-equity ratio of 1.98.

PepsiCo (NASDAQ:PEP - Get Free Report) last posted its quarterly earnings results on Thursday, April 16th. The company reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.06. The company had revenue of $19.44 billion for the quarter, compared to analysts' expectations of $18.89 billion. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The firm's revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.48 earnings per share. PepsiCo has set its FY 2026 guidance at 8.465-8.628 EPS. On average, equities research analysts forecast that PepsiCo, Inc. will post 8.63 EPS for the current year.

PepsiCo declared that its board has initiated a stock buyback plan on Tuesday, February 3rd that authorizes the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 4.7% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board 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.

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