PEP stock icon

PepsiCo
PEP

$167.28
0.36%
 

About: PepsiCo is a global leader in snacks and beverages, owning well-known household brands including Pepsi, Mountain Dew, Gatorade, Lay's, Cheetos, and Doritos, among others. The company dominates the global savory snacks market and also ranks as the second-largest beverage provider in the world (behind Coca-Cola) with diversified exposure to carbonated soft drinks, or CSD, as well as water, sports, and energy drink offerings. Convenience foods account for approximately 55% of its total revenue, with beverages making up the rest. Pepsi owns the bulk of its manufacturing and distribution capacity in the US and overseas. International markets make up 40% of total sales and one third of operating profits.

Employees: 318,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 13 analysts
0
News positive %
of 39 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

6% more repeat investments, than reductions

Existing positions increased: 1,398 | Existing positions reduced: 1,321

1% more capital invested

Capital invested by funds: $170B [Q4 2023] → $173B (+$2.35B) [Q1 2024]

0% less funds holding

Funds holding: 3,250 [Q4 2023] → 3,240 (-10) [Q1 2024]

3% less call options, than puts

Call options by funds: $1.75B | Put options by funds: $1.81B

5% less first-time investments, than exits

New positions opened: 183 | Existing positions closed: 193

1.16% less ownership

Funds ownership: 73.01% [Q4 2023] → 71.85% (-1.16%) [Q1 2024]

10% less funds holding in top 10

Funds holding in top 10: 126 [Q4 2023] → 114 (-12) [Q1 2024]

Research analyst outlook

13 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$179
7%
upside
Avg. target
$190
13%
upside
High target
$211
26%
upside

13 analyst ratings

11 positive
85%
neutral
15%
negative
0%
Barclays
Lauren Lieberman
8%upside
$180
Overweight
Maintained
12 Jun 2024
Jefferies
Kaumil Gajrawala
26%upside
$211
Buy
Maintained
16 May 2024
Barclays
Lauren Lieberman
11%upside
$185
Overweight
Maintained
25 Apr 2024
JP Morgan
Andrea Teixeira
8%upside
$181
Neutral
Maintained
24 Apr 2024
Wedbush
Gerald Pascarelli
17%upside
$195
Outperform
Reiterated
23 Apr 2024

Financial journalist opinion

Based on 39 articles about PEP published over the past 30 days