Quantitative Investment Management LLC Takes Position in PepsiCo, Inc. $PEP

Key Points

• Quantitative Investment Management LLC acquired 70,754 PepsiCo shares worth approximately $9.58 million, making PEP about 1% of its portfolio. Institutional investors collectively own 73.07% of the stock.
• PepsiCo exceeded quarterly earnings and revenue estimates, reporting $2.20 EPS and $24.18 billion in revenue, while revenue rose 6.4% year over year. The company also declared a $1.48 quarterly dividend, equivalent to a 4.2% yield.
• Analysts maintain a broadly cautious view, with a consensus “Hold” rating and a $157.90 price target. Weak North American demand, distribution restructuring and damage to a Ukrainian facility remain key risks despite international strength and PepsiCo’s defensive dividend appeal.

Quantitative Investment Management LLC acquired a new stake in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 70,754 shares of the company's stock, valued at approximately $9,580,000. PepsiCo makes up about 1.0% of Quantitative Investment Management LLC's investment portfolio, making the stock its 17th largest holding.

Several other large investors have also recently made changes to their positions in the company. Swiss Life Asset Management Ltd boosted its stake in PepsiCo by 11.4% during the fourth quarter. Swiss Life Asset Management Ltd now owns 415,271 shares of the company's stock worth $59,600,000 after buying an additional 42,335 shares during the last quarter. National Pension Service raised its holdings in shares of PepsiCo by 2.5% during the 4th quarter. National Pension Service now owns 3,143,939 shares of the company's stock worth $451,218,000 after acquiring an additional 77,051 shares during the period. Allstate Corp grew its holdings in shares of PepsiCo by 108.1% in the fourth quarter. Allstate Corp now owns 104,723 shares of the company's stock valued at $15,030,000 after purchasing an additional 54,405 shares during the period. First Nebraska Trust Co purchased a new position in PepsiCo during the first quarter worth about $10,782,000. Finally, Knights of Columbus Asset Advisors LLC raised its position in shares of PepsiCo by 90.0% during the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 94,652 shares of the company's stock valued at $13,584,000 after buying an additional 44,824 shares during the period. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Bank of America reaffirmed a Neutral rating but maintained a $152 price target, implying potential upside from the recent trading level. The firm cited international strength as an offset to weakness in PepsiCo’s North American operations. PepsiCo analyst rating
• Positive Sentiment: Recent commentary highlights PepsiCo’s dividend appeal, defensive consumer-staples exposure and management’s reiterated revenue-growth targets. Its valuation and roughly higher yield than Coca-Cola may attract income-oriented investors, although the company still faces execution risks. PepsiCo revenue-growth targets
• Positive Sentiment: PepsiCo signed a seven-year, multimillion-dollar partnership with Arizona Athletic Grounds as its official soft-drink provider, supporting brand visibility and long-term distribution. Arizona Athletic Grounds partnership
• Neutral Sentiment: PepsiCo joined Mondelēz and pladis in a circular-packaging trial using watermarking technology. The initiative may improve sustainability credentials, but its near-term financial impact is unclear. Circular packaging trial
• Negative Sentiment: PepsiCo confirmed damage at a Ukrainian production facility following conflict-related events. No injuries were reported, but possible disruption, repair costs and lost production add uncertainty. Ukraine plant damage
• Negative Sentiment: Soft North American demand and category pressure remain the main concern. Analysts note snack-market share gains and beverage resilience, but investors are watching whether weakness is temporary or structural. PepsiCo North America demand
• Negative Sentiment: PepsiCo is reportedly cutting 105 warehouse jobs as part of additional U.S. distribution changes. The actions could improve efficiency, but also reinforce concerns about slowing demand and ongoing restructuring. Warehouse job cuts
• Negative Sentiment: The Obesity Action Coalition urged PepsiCo to continue employee coverage for GLP-1 obesity medicines. The dispute creates potential reputational and employee-relations risks, though the direct financial effect is uncertain. GLP-1 coverage dispute

PepsiCo Price Performance

PEP stock opened at $140.52 on Thursday. The company has a market cap of $191.79 billion, a price-to-earnings ratio of 18.42, a PEG ratio of 2.94 and a beta of 0.35. PepsiCo, Inc. has a 12-month low of $133.73 and a 12-month high of $171.48. The firm has a 50 day moving average of $139.77 and a 200-day moving average of $148.81. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91.

PepsiCo (NASDAQ:PEP - Get Free Report) last announced its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.19 by $0.01. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The company had revenue of $24.18 billion for the quarter, compared to the consensus estimate of $23.95 billion. During the same quarter in the prior year, the firm earned $0.92 earnings per share. The company's revenue for the quarter was up 6.4% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, equities analysts expect that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be given a dividend of $1.48 per share. The ex-dividend date is Friday, September 4th. This represents a $5.92 annualized dividend and a yield of 4.2%. PepsiCo's dividend payout ratio is 77.59%.

Insider Activity at PepsiCo

In related news, EVP David Flavell sold 2,900 shares of the firm's stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $139.54, for a total value of $404,666.00. Following the sale, the executive vice president directly owned 74,825 shares of the company's stock, valued at approximately $10,441,080.50. This trade represents a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.12% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have weighed in on PEP shares. Citigroup cut shares of PepsiCo from a "buy" rating to a "neutral" rating and dropped their price target for the company from $170.00 to $145.00 in a research report on Friday, July 10th. TD Cowen reiterated a "hold" rating on shares of PepsiCo in a research note on Friday, August 28th. Barclays lifted their price objective on shares of PepsiCo from $138.00 to $142.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 21st. Royal Bank Of Canada decreased their target price on PepsiCo from $163.00 to $161.00 and set a "sector perform" rating for the company in a research note on Friday, July 10th. Finally, Morgan Stanley reduced their price target on shares of PepsiCo from $180.00 to $160.00 and set an "equal weight" rating for the company in a research report on Friday, July 10th. Seven research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, PepsiCo presently has an average rating of "Hold" and a consensus price target of $157.90.

About PepsiCo

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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