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 make up 40% of total sales and one third of operating profits.
Employees: 318,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
75% more first-time investments, than exits
New positions opened: 312 | Existing positions closed: 178
0.3% more ownership
Funds ownership: 74.31% [Q3] → 74.6% (+0.3%) [Q4]
5% less call options, than puts
Call options by funds: $1.61B | Put options by funds: $1.71B
1% less funds holding
Funds holding: 3,288 [Q3] → 3,244 (-44) [Q4]
8% less capital invested
Capital invested by funds: $174B [Q3] → $160B (-$14B) [Q4]
17% less funds holding in top 10
Funds holding in top 10: 72 [Q3] → 60 (-12) [Q4]
34% less repeat investments, than reductions
Existing positions increased: 1,028 | Existing positions reduced: 1,569
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Barclays Lauren Lieberman 43% 1-year accuracy 39 / 90 met price target | 0%downside $153 | Overweight Maintained | 6 Feb 2025 |
Wells Fargo Chris Carey 48% 1-year accuracy 21 / 44 met price target | 2%downside $150 | Equal-Weight Maintained | 5 Feb 2025 |
Citigroup Filippo Falorni 35% 1-year accuracy 6 / 17 met price target | 11%upside $170 | Buy Maintained | 5 Feb 2025 |
Morgan Stanley Dara Mohsenian 54% 1-year accuracy 20 / 37 met price target | 9%upside $168 | Equal-Weight Maintained | 5 Feb 2025 |
Jefferies Kaumil Gajrawala 30% 1-year accuracy 7 / 23 met price target | 11%upside $171 | Buy Maintained | 5 Feb 2025 |
Financial journalist opinion
Based on 83 articles about PEP published over the past 30 days
