Mn Services Vermogensbeheer B.V. Acquires 10,054 Shares of PepsiCo, Inc. $PEP

Mn Services Vermogensbeheer B.V. lifted its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 1.9% during the fourth quarter, HoldingsChannel reports. The firm owned 531,123 shares of the company’s stock after acquiring an additional 10,054 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in PepsiCo were worth $76,227,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of PEP. AQR Capital Management LLC raised its holdings in PepsiCo by 120.7% during the 3rd quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock worth $830,902,000 after buying an additional 3,235,726 shares during the period. First Trust Advisors LP boosted its holdings in shares of PepsiCo by 112.6% in the second quarter. First Trust Advisors LP now owns 4,040,079 shares of the company’s stock valued at $533,452,000 after buying an additional 2,139,847 shares during the period. Amundi increased its position in shares of PepsiCo by 30.0% during the third quarter. Amundi now owns 8,641,588 shares of the company’s stock worth $1,207,230,000 after acquiring an additional 1,995,362 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of PepsiCo by 60.2% during the third quarter. Assenagon Asset Management S.A. now owns 5,051,114 shares of the company’s stock worth $709,378,000 after acquiring an additional 1,897,865 shares during the period. Finally, Holocene Advisors LP raised its holdings in shares of PepsiCo by 2,437.1% during the second quarter. Holocene Advisors LP now owns 1,913,529 shares of the company’s stock worth $252,662,000 after acquiring an additional 1,838,108 shares during the period. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Deutsche Bank kept a Buy rating while trimming its price target to $169 — a modest cut but still implies meaningful upside, giving investors a near-term price anchor and supporting buying interest. Deutsche Bank price target note (Benzinga)
• Positive Sentiment: Multiple outlets profile PepsiCo as a defensive shelter for volatile markets (outperforming the S&P YTD, strong dividend profile), boosting demand from risk-averse and income-focused investors. This coverage reinforces sector-rotation flows into consumer staples. Seeking Shields from Volatility? (Zacks)
• Neutral Sentiment: Media comparisons with Coca?Cola on dividend quality and business mix highlight both strengths (snacks + international growth) and tradeoffs (N. America pressure). Informative for investors but not an immediate catalyst. PepsiCo vs Coca?Cola: The Better Dividend Stock (24/7 Wall St.)
• Neutral Sentiment: PepsiCo’s sustainability/ESG involvement (speakers at industry summits) supports longer-term brand and risk-management narratives but is unlikely to move the stock near-term. Sustainability LIVE: The US Summit (Yahoo)
• Negative Sentiment: Fundamental headwinds in North America and a modest March pullback underscore margin and growth concerns; analysts remain cautious overall, so upside depends on execution and macro stability. This keeps some investors more selective despite the defensive narrative. PepsiCo Could Climb 10% to $169 (24/7 Wall St.)

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on PEP shares. TD Cowen upped their target price on shares of PepsiCo from $162.00 to $165.00 and gave the stock a “hold” rating in a research note on Friday, February 20th. Rothschild & Co Redburn boosted their price target on PepsiCo from $120.00 to $130.00 and gave the company a “sell” rating in a report on Tuesday, February 10th. UBS Group reaffirmed a “buy” rating and set a $190.00 price objective on shares of PepsiCo in a research report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft decreased their price objective on PepsiCo from $176.00 to $169.00 and set a “buy” rating for the company in a report on Monday. Finally, Evercore boosted their target price on PepsiCo from $152.00 to $165.00 in a research note on Wednesday, February 4th. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, PepsiCo currently has a consensus rating of “Hold” and a consensus target price of $169.00.

PepsiCo Trading Up 2.5%

Shares of NASDAQ:PEP opened at $156.82 on Tuesday. The company’s 50-day moving average price is $159.10 and its two-hundred day moving average price is $150.25. PepsiCo, Inc. has a one year low of $127.60 and a one year high of $171.48. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.85 and a quick ratio of 0.67. The stock has a market capitalization of $214.32 billion, a PE ratio of 26.14, a price-to-earnings-growth ratio of 2.93 and a beta of 0.39.

PepsiCo (NASDAQ:PEP) last released its earnings results on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.24 by $0.02. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The business had revenue of $29.34 billion for the quarter, compared to the consensus estimate of $28.96 billion. During the same quarter in the previous year, the business earned $1.96 earnings per share. PepsiCo’s quarterly revenue was up 5.6% on a year-over-year basis. On average, equities analysts forecast that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo announced that its Board of Directors has approved a share repurchase plan on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in shares. This repurchase authorization permits the company to buy up to 4.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

PepsiCo Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 6th will be paid a dividend of $1.4225 per share. The ex-dividend date is Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a dividend yield of 3.6%. PepsiCo’s dividend payout ratio is currently 94.83%.

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.