Nykredit A S Acquires Shares of 413,556 PepsiCo, Inc. $PEP

Nykredit A S bought a new stake in PepsiCo, Inc. (NASDAQ:PEP) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 413,556 shares of the company’s stock, valued at approximately $55,995,000.

Other hedge funds have also recently modified their holdings of the company. Swiss Life Asset Management Ltd boosted its stake in shares of PepsiCo by 11.4% in the fourth quarter. Swiss Life Asset Management Ltd now owns 415,271 shares of the company’s stock worth $59,600,000 after acquiring an additional 42,335 shares during the last quarter. National Pension Service lifted its holdings in PepsiCo by 2.5% in the 4th quarter. National Pension Service now owns 3,143,939 shares of the company’s stock valued at $451,218,000 after purchasing an additional 77,051 shares in the last quarter. Allstate Corp boosted its stake in PepsiCo by 108.1% during the 4th quarter. Allstate Corp now owns 104,723 shares of the company’s stock worth $15,030,000 after purchasing an additional 54,405 shares during the last quarter. First Nebraska Trust Co acquired a new stake in PepsiCo during the 1st quarter worth $10,782,000. Finally, Knights of Columbus Asset Advisors LLC grew its holdings in shares of PepsiCo by 90.0% during the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 94,652 shares of the company’s stock worth $13,584,000 after buying an additional 44,824 shares in the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on PEP shares. TD Cowen reissued a “hold” rating on shares of PepsiCo in a research note on Friday, August 28th. JPMorgan Chase & Co. cut their price objective on shares of PepsiCo from $178.00 to $170.00 and set an “overweight” rating for the company in a report on Wednesday, July 1st. Bank of America decreased their target price on shares of PepsiCo from $173.00 to $164.00 and set a “neutral” rating on the stock in a research note on Thursday, June 25th. Royal Bank Of Canada dropped their price target on PepsiCo from $163.00 to $161.00 and set a “sector perform” rating for the company in a research report on Friday, July 10th. Finally, Wells Fargo & Company cut their price target on PepsiCo from $150.00 to $140.00 and set an “equal weight” rating for the company in a report on Friday, July 10th. Seven investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $157.90.

Insider Transactions at PepsiCo

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the business’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $139.54, for a total transaction of $404,666.00. Following the sale, the executive vice president directly owned 74,825 shares in the company, valued at $10,441,080.50. This represents a 3.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.12% of the stock is owned by company insiders.

PepsiCo Stock Down 0.4%

Shares of NASDAQ PEP opened at $140.02 on Friday. 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 business’s 50 day moving average is $139.78 and its two-hundred day moving average is $148.63. PepsiCo, Inc. has a 52-week low of $133.73 and a 52-week high of $171.48. The firm has a market cap of $191.11 billion, a price-to-earnings ratio of 18.35, a PEG ratio of 2.96 and a beta of 0.35.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings data 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 analysts’ expectations of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The company’s revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Research analysts predict that PepsiCo, Inc. will post 8.57 EPS for the current year.

PepsiCo Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be given a $1.48 dividend. This represents a $5.92 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Friday, September 4th. PepsiCo’s payout ratio is currently 77.59%.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: International momentum, a potential large share buyback, and a portfolio overhaul could provide catalysts for PepsiCo in 2027, particularly as the company’s valuation has lagged some consumer-staples peers. Prediction: Pepsi Stock Could Surprise Wall Street in 2027
• Positive Sentiment: PepsiCo signed a multimillion-dollar partnership making its brands the official soft-drink portfolio of Arizona Athletic Grounds through 2033, supporting brand visibility and long-term commercial relationships. Arizona Athletic Grounds Partnership
• Positive Sentiment: Management continues to reiterate its revenue-growth targets, reinforcing confidence in the company’s dividend, cash-generation profile, and ability to navigate current pressure. PepsiCo Management Reiterates Revenue Growth Targets
• Neutral Sentiment: PepsiCo is transferring its global media account from Omnicom’s OMD to Publicis. The change may improve marketing effectiveness as consumer preferences and advertising technology evolve, but it also signals a significant transformation effort rather than an immediate earnings catalyst. PepsiCo Hands Global Media to Publicis
• Neutral Sentiment: Bank of America reaffirmed a Hold rating and a $152 price target, citing international strength that offsets weakness in PepsiCo Foods North America. The target implies potential upside from recent levels, but the unchanged rating reflects limited conviction. PepsiCo Neutral Rating Reaffirmed
• Negative Sentiment: Soft North American demand, especially as consumers move away from processed snacks, remains the clearest near-term concern. PepsiCo is responding by emphasizing fresh-food innovation and portfolio adjustments, but these changes may take time to improve sales trends. PepsiCo Puts Fresh Foods in Focus
• Negative Sentiment: Damage to a Ukrainian production facility and continued demand softness add operational and geopolitical risk, potentially pressuring near-term results and investor sentiment. PepsiCo Faces Ukraine Damage and Soft Demand
• Negative Sentiment: PepsiCo is reportedly ending obesity-related GLP-1 medication coverage for some employees, prompting criticism from the Obesity Action Coalition and creating potential reputational and employee-relations risks. OAC Calls on PepsiCo to Keep Obesity Treatment Coverage

PepsiCo 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.