Securian Asset Management Inc. Sells 5,476 Shares of PepsiCo, Inc. $PEP

Securian Asset Management Inc. lessened its position in PepsiCo, Inc. (NASDAQ:PEP) by 7.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 66,117 shares of the company’s stock after selling 5,476 shares during the quarter. Securian Asset Management Inc.’s holdings in PepsiCo were worth $9,285,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of PEP. Vanguard Group Inc. lifted its position in shares of PepsiCo by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 136,936,037 shares of the company’s stock worth $18,081,034,000 after purchasing an additional 1,761,785 shares during the last quarter. State Street Corp increased its position in PepsiCo by 1.6% in the 2nd quarter. State Street Corp now owns 58,419,849 shares of the company’s stock worth $7,713,757,000 after buying an additional 920,045 shares during the period. Geode Capital Management LLC lifted its holdings in shares of PepsiCo by 0.3% during the second quarter. Geode Capital Management LLC now owns 32,675,492 shares of the company’s stock worth $4,301,240,000 after buying an additional 86,695 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of PepsiCo by 9.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 29,031,404 shares of the company’s stock valued at $3,833,406,000 after acquiring an additional 2,556,163 shares during the period. Finally, Norges Bank acquired a new stake in shares of PepsiCo in the second quarter worth $2,330,594,000. 73.07% of the stock is currently owned by institutional investors.

PepsiCo Trading Down 0.7%

NASDAQ:PEP opened at $138.96 on Wednesday. The company has a debt-to-equity ratio of 2.26, a current ratio of 0.91 and a quick ratio of 0.72. The business’s 50-day simple moving average is $145.89 and its 200-day simple moving average is $144.10. PepsiCo, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $160.15. The stock has a market capitalization of $190.01 billion, a PE ratio of 26.42, a price-to-earnings-growth ratio of 4.58 and a beta of 0.42.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Wednesday, October 8th. The company reported $2.29 EPS for the quarter, topping the consensus estimate of $2.26 by $0.03. PepsiCo had a net margin of 7.82% and a return on equity of 57.58%. The firm had revenue of $23.94 billion for the quarter, compared to the consensus estimate of $23.91 billion. During the same period last year, the company posted $2.31 EPS. The business’s quarterly revenue was up 2.7% on a year-over-year basis. Sell-side analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Friday, December 5th were given a $1.4225 dividend. This represents a $5.69 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Friday, December 5th. PepsiCo’s payout ratio is currently 108.17%.

Analyst Ratings Changes

PEP has been the subject of a number of research reports. Rothschild & Co Redburn increased their price target on shares of PepsiCo from $117.00 to $120.00 and gave the company a “sell” rating in a report on Monday, December 15th. Weiss Ratings restated a “hold (c)” rating on shares of PepsiCo in a research note on Tuesday, October 14th. Wall Street Zen cut shares of PepsiCo from a “buy” rating to a “hold” rating in a research report on Saturday, December 27th. Evercore ISI boosted their price target on shares of PepsiCo from $150.00 to $152.00 in a research report on Friday, October 10th. Finally, Barclays raised their price objective on shares of PepsiCo from $142.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 10th. Eight research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $158.75.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo announced an industry-first industrial AI and digital-twin collaboration with Siemens and NVIDIA to scale AI-driven operations and predictive maintenance — a potential multi-year productivity and cost-savings catalyst that could improve margins and capex efficiency. PepsiCo Announces Industry-First AI and Digital Twin Collaboration with Siemens and NVIDIA
• Positive Sentiment: PBNA (beverages) segment showing organic growth driven by Pepsi Zero Sugar, Mountain Dew strength and expanding functional/energy and protein offerings — supports top-line resilience in a tough consumer backdrop. Are Functional Waters and Energy Drinks Reviving PepsiCo’s PBNA Unit?
• Positive Sentiment: New and limited-time beverage SKUs are being rolled out (positive for shelf buzz and short-term sell-through), which helps sustain beverage momentum and marketing-driven volumes. PepsiCo Has a Brand-New Soda Headed to Shelves—and Fans Say ‘It’s My New Favorite Flavor’
• Positive Sentiment: Unusually large call-option activity (buying of ~69k calls) signals bullish speculative interest or hedging ahead of catalysts — a short-term vote of confidence from some traders.
• Positive Sentiment: Featured as a top dividend/ income pick in recent lists — reinforces appeal to income-focused investors and can support downside during market volatility. Don’t Push for Growth in 2026, Push for Yield: The Case for 3 Top Dividend Stocks
• Neutral Sentiment: Investors are focused on PepsiCo’s upcoming Q4 results and guidance; analysts expect a stronger bottom line (some forecasts call for double-digit EPS improvement), so the report is a near-term catalyst that could swing the stock. What You Need To Know Ahead of PepsiCo’s Earnings Release
• Negative Sentiment: Sector rotation: investors have been moving money into financials, weighing on consumer staples including PepsiCo and contributing to near-term selling pressure. Stock Of The Day: Is This The Bottom For Pepsi?
• Negative Sentiment: Recent session weakness and a modest slide in the stock while the broader market rose has created short-term momentum to the downside; traders may remain cautious until earnings and more clarity on margin benefits from AI investments. PepsiCo (PEP) Stock Slides as Market Rises: Facts to Know Before You Trade

PepsiCo 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.