PepsiCo
PEP
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, but uses bottlers overseas for beverages. International markets made up 40% of both total sales and operating profits in 2024.
Employees: 319,000
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
1.48% more ownership
Funds ownership: 73.63% [Q1] → 75.1% (+1.48%) [Q2]
3% more call options, than puts
Call options by funds: $2.78B | Put options by funds: $2.69B
3% less funds holding
Funds holding: 3,372 [Q1] → 3,262 (-110) [Q2]
10% less capital invested
Capital invested by funds: $151B [Q1] → $136B (-$15.7B) [Q2]
13% less repeat investments, than reductions
Existing positions increased: 1,289 | Existing positions reduced: 1,479
20% less first-time investments, than exits
New positions opened: 188 | Existing positions closed: 235
24% less funds holding in top 10
Funds holding in top 10: 59 [Q1] → 45 (-14) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Financial journalist opinion
Based on 78 articles about PEP published over the past 30 days
