4,545 Shares in PepsiCo, Inc. $PEP Acquired by Oslo Pensjonsforsikring AS

Oslo Pensjonsforsikring AS bought a new stake in PepsiCo, Inc. (NASDAQ:PEP) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 4,545 shares of the company’s stock, valued at approximately $706,000.

A number of other large investors also recently modified their holdings of PEP. Auto Owners Insurance Co grew its position in PepsiCo by 14,857.8% in the 4th quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company’s stock valued at $7,068,777,000 after buying an additional 48,923,629 shares in the last quarter. Norges Bank acquired a new stake in shares of PepsiCo in the 4th quarter worth approximately $3,018,813,000. Diamant Asset Management Inc. boosted its holdings in shares of PepsiCo by 16,146.5% in the first quarter. Diamant Asset Management Inc. now owns 3,586,423 shares of the company’s stock valued at $556,936,000 after acquiring an additional 3,564,348 shares in the last quarter. AQR Capital Management LLC raised its holdings in PepsiCo by 120.7% during the third quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock worth $830,902,000 after purchasing an additional 3,235,726 shares in the last quarter. Finally, Amundi increased its position in shares of PepsiCo by 30.0% during the 3rd quarter. Amundi now owns 8,641,588 shares of the company’s stock valued at $1,207,230,000 after purchasing an additional 1,995,362 shares during the period. 73.07% of the stock is owned by institutional investors and hedge funds.

PepsiCo Stock Down 0.3%

Shares of PepsiCo stock opened at $135.00 on Wednesday. PepsiCo, Inc. has a 12-month low of $133.95 and a 12-month high of $171.48. The firm has a market capitalization of $184.26 billion, a PE ratio of 17.69, a price-to-earnings-growth ratio of 2.97 and a beta of 0.36. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. The stock’s fifty day moving average is $142.91 and its 200-day moving average is $151.14.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, beating analysts’ consensus estimates of $2.19 by $0.01. The business had revenue of $24.18 billion during the quarter, compared to analyst estimates of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.PepsiCo’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the company posted $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Equities analysts anticipate that PepsiCo, Inc. will post 8.58 earnings per share for the current year.

PepsiCo Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be paid a $1.48 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a yield of 4.4%. PepsiCo’s dividend payout ratio (DPR) is currently 77.59%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. HSBC upped their price objective on PepsiCo from $175.00 to $176.00 and gave the company a “hold” rating in a report on Friday, April 17th. Royal Bank Of Canada dropped their price target on shares of PepsiCo from $163.00 to $161.00 and set a “sector perform” rating on the stock in a research report on Friday, July 10th. Weiss Ratings restated a “hold (c)” rating on shares of PepsiCo in a research report on Monday, July 6th. Barclays lifted their price objective on shares of PepsiCo from $138.00 to $142.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Finally, Bank of America dropped their target price on shares of PepsiCo from $173.00 to $164.00 and set a “neutral” rating on the stock in a report on Thursday, June 25th. Seven investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, PepsiCo has an average rating of “Hold” and a consensus target price of $157.90.

PepsiCo Company Profile

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.