Mirae Asset Securities (Usa) 13F: New $12M Stake in PepsiCo (PEP)

Mirae Asset Securities has taken a new position in PepsiCo, Inc. (NasdaqGS: PEP), according to a Form 13F filing with the Securities and Exchange Commission on October 15, 2026. Because 13F reports look backward, this filing reflects holdings as of the end of the reporting period and may not represent the fund's current position today.

What Changed in Mirae Asset Securities's PepsiCo Position

Mirae Asset Securities opened a brand-new stake in PepsiCo, purchasing 95,705 shares. The newly established investment carried a reported value of about $12.1 million at the time of the filing. Because this was a fresh purchase, there was no prior holding to compare against.

Other Institutional Activity in PepsiCo

Blackrock Inc. grew its holdings by 2,444,175 shares, ending with 118,281,854 shares worth about $15.6 billion. Vanguard Capital Management LLC grew its holdings by 452,906 shares, ending with 89,257,968 shares worth about $11.7 billion. State Street Corporation grew its holdings by 986,381 shares, ending with 60,406,932 shares worth about $7.9 billion. Invesco Ltd. grew its holdings by 2,371,196 shares, ending with 43,113,398 shares worth about $5.7 billion. Vanguard Portfolio Management LLC grew its holdings by 703,597 shares, ending with 37,159,425 shares worth about $4.9 billion.

PepsiCo, Inc. Stock Up 1.4%

PepsiCo recently traded around $130.15 as of October 16, 2026. The stock sits below its 50-day and 200-day moving averages as the company heads toward its next earnings report.

Recent Earnings

PepsiCo reported trailing-twelve-month revenue of $98.24 billion and earnings of $7.95 per share. The company generated a return on equity of 52.2% with a net profit margin of 11.1%. Its year-over-year revenue growth reached 5.6%, and investors will look toward the company's upcoming earnings report on February 2, 2027.

Dividend

PepsiCo pays an annual dividend rate of $5.92 per share, offering a dividend yield of 4.61%. The payout ratio stands at 73.0% of earnings.

Insider Buying and Selling at PepsiCo, Inc.

Insiders have been active in the stock, including a notable purchase by director Robert C. Pohlad of 184,646 shares on October 14, 2026, valued at about $23.7 million. Other executives completed smaller sales earlier in the year.

Analysts Set New Price Targets

Citigroup, JP Morgan, BNP Paribas, Piper Sandler, and Barclays all updated their views on the stock in October 2026, maintaining ratings ranging from neutral to overweight with price targets spanning from $126 to $157. The stock currently holds a consensus hold rating with a mean price target of $141.59 across 22 analyst opinions.

About PepsiCo, Inc.

Headquartered in Purchase, New York, PepsiCo manufactures, markets, and distributes a wide variety of beverages and convenient foods worldwide. Operating through several major divisions in North America and international markets, the company manages recognizable snack and drink brands that reach consumers globally.

Bottom Line

Mirae Asset Securities's new position highlights ongoing institutional interest in the beverage maker. Investors should watch for the company's upcoming earnings report on February 2, 2027, and future regulatory filings for updates on institutional positioning. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.