ICICI Prudential Asset Management Co Ltd Grows Stake in PepsiCo, Inc. $PEP

ICICI Prudential Asset Management Co Ltd lifted its stake in PepsiCo, Inc. (NASDAQ:PEP) by 8.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 47,525 shares of the company’s stock after acquiring an additional 3,842 shares during the period. ICICI Prudential Asset Management Co Ltd’s holdings in PepsiCo were worth $6,674,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Three Bridge Wealth Advisors LLC increased its position in PepsiCo by 1.8% in the 3rd quarter. Three Bridge Wealth Advisors LLC now owns 3,870 shares of the company’s stock valued at $544,000 after acquiring an additional 68 shares during the period. Facet Wealth Inc. raised its holdings in PepsiCo by 3.2% during the third quarter. Facet Wealth Inc. now owns 2,221 shares of the company’s stock worth $312,000 after purchasing an additional 69 shares during the last quarter. Hudock Inc. raised its position in PepsiCo by 1.0% during the third quarter. Hudock Inc. now owns 7,079 shares of the company’s stock worth $994,000 after acquiring an additional 70 shares during the last quarter. Delta Asset Management LLC TN lifted its stake in PepsiCo by 0.6% in the 3rd quarter. Delta Asset Management LLC TN now owns 11,000 shares of the company’s stock valued at $1,545,000 after buying an additional 70 shares in the last quarter. Finally, Westside Investment Management Inc. boosted its stake in shares of PepsiCo by 2.8% during the third quarter. Westside Investment Management Inc. now owns 2,602 shares of the company’s stock valued at $366,000 after acquiring an additional 70 shares during the last quarter. 73.07% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Court win reduces legal overhang — A U.S. court granted PepsiCo and Frito‑Lay an order barring a class action over snack pricing, lowering potential litigation risk and related costs for the snacks segment. PepsiCo, Frito-Lay win US court order barring class action in snack pricing lawsuit
• Positive Sentiment: New product scale — PepsiCo’s prebiotic soda is now being rolled out nationwide, supporting innovation in higher‑margin, health‑oriented beverages that can drive category growth and mix improvement. PepsiCo’s prebiotic soda is now nationwide. Here’s what it is
• Positive Sentiment: Marketing / distribution boost — Mountain Dew Baja Blast named the official soft drink of MLB increases brand visibility and seasonally relevant demand opportunities for the beverage portfolio. PepsiCo’s Mountain Dew Baja Blast becomes official soft drink of MLB
• Positive Sentiment: Portfolio transformation toward health & fiber — Management is investing in fiber snacks, hydration and functional beverages (prebiotic cola, fiber snacks) and experimenting with creator‑led product launches aimed at Gen Z — initiatives that support long‑term growth and margin expansion if successful. PepsiCo plays ‘offense’ to transform portfolio for health-conscious consumers
• Positive Sentiment: Dividend reliability — Recent quarterly dividend payment continues PepsiCo’s long track record of increases, supporting appeal to income investors. Retirees Are Quietly Accumulating This 8% Dividend Grower With a Half-Century of Increases
• Neutral Sentiment: Analyst rating update — Argus moved PepsiCo to a “hold” (from a lower or different stance), a minor near‑term signal but not a major catalyst. Zacks / Argus coverage
• Neutral Sentiment: Investor presentation content — PepsiCo’s CAGNY presentation and related slides reiterated strategy (innovation, mix shift), offering transparency but no immediate new guidance. PepsiCo Presents at CAGNY Conference — Transcript
• Negative Sentiment: Analyst cuts to near‑term EPS — Zacks Research lowered multiple quarterly and full‑year EPS estimates across 2026–2027, which can pressure sentiment if investors focus on near‑term earnings revisions despite strategic growth initiatives. Zacks Research: EPS estimate reductions

PepsiCo Trading Up 0.1%

Shares of PEP opened at $164.59 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 2.06. The stock has a market capitalization of $224.94 billion, a P/E ratio of 27.43, a P/E/G ratio of 3.13 and a beta of 0.40. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $171.48. The business’s 50-day moving average price is $150.96 and its 200 day moving average price is $147.74.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings data 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 the consensus estimate of $28.96 billion. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The business’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.96 EPS. Analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 6th will be issued a $1.4225 dividend. The ex-dividend date is Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a yield of 3.5%. PepsiCo’s dividend payout ratio is currently 94.83%.

PepsiCo declared that its board has initiated 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 reacquire up to 4.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of analysts have issued reports on PEP shares. Royal Bank Of Canada reissued a “sector perform” rating and issued a $156.00 price target on shares of PepsiCo in a research note on Wednesday, February 4th. Citigroup raised their price target on shares of PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. HSBC raised their price target on shares of PepsiCo from $152.00 to $175.00 and gave the stock a “hold” rating in a research report on Thursday, February 5th. Barclays upped their price target on PepsiCo from $148.00 to $160.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of PepsiCo in a research report on Friday, January 9th. Eight equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, PepsiCo currently has a consensus rating of “Hold” and a consensus price target of $167.83.

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.