LGT Fund Management Co Ltd. Increases Stake in PepsiCo, Inc. $PEP

Posted by Stanley Muller on Jul 12th, 2026

LGT Fund Management Co Ltd. increased its position in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 38.5% during the first quarter, Holdings Channel reports. The institutional investor owned 58,688 shares of the company’s stock after buying an additional 16,310 shares during the quarter. LGT Fund Management Co Ltd.’s holdings in PepsiCo were worth $9,114,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Global Assets Advisory LLC grew its stake in shares of PepsiCo by 4.4% during the first quarter. Global Assets Advisory LLC now owns 4,024 shares of the company’s stock worth $625,000 after purchasing an additional 170 shares in the last quarter. Anchor Investment Management LLC lifted its holdings in PepsiCo by 22.8% during the 1st quarter. Anchor Investment Management LLC now owns 22,955 shares of the company’s stock worth $3,565,000 after buying an additional 4,260 shares during the last quarter. United Bank increased its holdings in shares of PepsiCo by 244.8% in the 1st quarter. United Bank now owns 5,921 shares of the company’s stock valued at $919,000 after acquiring an additional 4,204 shares during the last quarter. ARQ Wealth Advisors LLC increased its holdings in shares of PepsiCo by 520.1% in the 1st quarter. ARQ Wealth Advisors LLC now owns 23,377 shares of the company’s stock valued at $3,630,000 after acquiring an additional 19,607 shares during the last quarter. Finally, Diversify Wealth Management LLC raised its position in shares of PepsiCo by 72.2% during the 1st quarter. Diversify Wealth Management LLC now owns 62,431 shares of the company’s stock worth $9,695,000 after acquiring an additional 26,183 shares in the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Analyst Upgrades and Downgrades

PEP has been the subject of a number of research analyst reports. Barclays lowered their price target on PepsiCo from $144.00 to $138.00 and set an “equal weight” rating for the company in a report on Friday. Deutsche Bank Aktiengesellschaft set a $155.00 target price on shares of PepsiCo in a report on Friday. JPMorgan Chase & Co. cut their price target on shares of PepsiCo from $178.00 to $170.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 1st. BNP Paribas Exane decreased their price objective on shares of PepsiCo from $195.00 to $183.00 and set an “outperform” rating for the company in a research note on Wednesday. Finally, Sanford C. Bernstein set a $134.00 price objective on PepsiCo in a report on Friday. Seven research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $157.70.

Check Out Our Latest Stock Report on PEP

PepsiCo Stock Performance

Shares of PepsiCo stock traded down $0.48 during trading on Friday, reaching $137.38. The company’s stock had a trading volume of 9,071,253 shares, compared to its average volume of 9,517,085. The firm has a market cap of $187.77 billion, a PE ratio of 18.01, a P/E/G ratio of 2.77 and a beta of 0.36. The company has a 50-day moving average price of $145.42 and a two-hundred day moving average price of $151.46. The company has a current ratio of 0.93, a quick ratio of 0.72 and a debt-to-equity ratio of 1.91. PepsiCo, Inc. has a fifty-two week low of $133.75 and a fifty-two week high of $171.48.

PepsiCo (NASDAQ:PEP – Get Free Report) last issued its quarterly earnings data on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.19 by $0.01. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The company had revenue of $24.18 billion for the quarter, compared to the consensus estimate of $23.95 billion. During the same period last year, the firm posted $0.92 EPS. PepsiCo’s revenue for the quarter was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, analysts forecast that PepsiCo, Inc. will post 8.59 EPS for the current year.

PepsiCo Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 5th were given a $1.48 dividend. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. The ex-dividend date was Friday, June 5th. This represents a $5.92 annualized dividend and a yield of 4.3%. PepsiCo’s payout ratio is presently 92.94%.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

Positive Sentiment: PepsiCo’s Q2 revenue topped Wall Street estimates, supported by stronger international growth and improved volumes in some markets.
Positive Sentiment: The company reaffirmed its full-year guidance, which can help reassure investors that the turnaround plan is still on track.
Positive Sentiment: PepsiCo’s long dividend track record remains a draw for income investors, with the company continuing its streak of annual increases.
Neutral Sentiment: Several firms, including RBC, TD Cowen, Wells Fargo, Citi, and others, lowered price targets after the report, but most still kept neutral or hold-type ratings. Citi Analyst Downgrades PepsiCo Stock (PEP) Despite Q2 Beat, Slashes Target by 15%
Neutral Sentiment: Analysts remain split between PepsiCo’s dividend/stability appeal and concerns about valuation, margin pressure, and a slow U.S. recovery. PepsiCo’s $200 Billion Stability Play Is Attracting Dividend Investors
Negative Sentiment: Investors are worried that soft North American snack and beverage demand, plus higher commodity and fuel costs, could keep earnings momentum muted.
Negative Sentiment: Media coverage compared PepsiCo unfavorably with Coca-Cola, highlighting market-share pressure and a more difficult turnaround narrative for PEP shares.

PepsiCo Company Profile

(Free Report)

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.