PepsiCoPEP
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 made up 40% of both total sales and operating profits in 2024.
Employees: 319,000
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
92% more first-time investments, than exits
New positions opened: 358 | Existing positions closed: 186
3% more funds holding
Funds holding: 3,297 [Q3] → 3,390 (+93) [Q4]
2.61% more ownership
Funds ownership: 72.24% [Q3] → 74.85% (+2.61%) [Q4]
5% less call options, than puts
Call options by funds: $1.61B | Put options by funds: $1.71B
5% less capital invested
Capital invested by funds: $168B [Q3] → $159B (-$8.93B) [Q4]
15% less funds holding in top 10
Funds holding in top 10: 72 [Q3] → 61 (-11) [Q4]
34% less repeat investments, than reductions
Existing positions increased: 1,067 | Existing positions reduced: 1,613
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Barclays Lauren Lieberman 57% 1-year accuracy 51 / 89 met price target | 0%downside $135 | Equal-Weight Maintained | 28 Apr 2025 |
Morgan Stanley Dara Mohsenian 45% 1-year accuracy 17 / 38 met price target | 13%upside $153 | Equal-Weight Maintained | 25 Apr 2025 |
UBS Peter Grom 42% 1-year accuracy 13 / 31 met price target | 25%upside $169 | Buy Maintained | 25 Apr 2025 |
Citigroup Filippo Falorni 43% 1-year accuracy 9 / 21 met price target | 18%upside $160 | Buy Maintained | 25 Apr 2025 |
B of A Securities Bryan Spillane 32% 1-year accuracy 6 / 19 met price target | 11%upside $150 | Neutral Maintained | 25 Apr 2025 |
Financial journalist opinion
Based on 93 articles about PEP published over the past 30 days
