PepsiCo, Inc. $PEP Shares Sold by Swiss National Bank

Swiss National Bank lessened its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 5.2% in the fourth quarter, HoldingsChannel reports. The fund owned 3,746,900 shares of the company’s stock after selling 205,300 shares during the period. Swiss National Bank’s holdings in PepsiCo were worth $537,755,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in PEP. Norges Bank acquired a new position in PepsiCo during the 4th quarter worth $3,018,813,000. AQR Capital Management LLC boosted its position in PepsiCo by 120.7% during the 3rd quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock worth $830,902,000 after acquiring an additional 3,235,726 shares during the period. Amundi boosted its position in PepsiCo by 30.0% during the 3rd quarter. Amundi now owns 8,641,588 shares of the company’s stock worth $1,207,230,000 after acquiring an additional 1,995,362 shares during the period. Vanguard Group Inc. boosted its position in PepsiCo by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company’s stock worth $19,875,205,000 after acquiring an additional 1,612,652 shares during the period. Finally, Caisse de depot et placement du Quebec boosted its position in PepsiCo by 151.7% during the 3rd quarter. Caisse de depot et placement du Quebec now owns 2,597,986 shares of the company’s stock worth $364,861,000 after acquiring an additional 1,565,883 shares during the period. Institutional investors and hedge funds own 73.07% of the company’s stock.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is expanding its autonomous trucking partnership with Gatik, now using fully driverless freight operations across Texas, Arizona, and Arkansas to help ease labor shortages in hard-to-staff parts of its supply chain. How PepsiCo’s Driverless Freight Rollout With Gatik (PEP) Has Changed Its Investment Story
• Positive Sentiment: PepsiCo is also partnering with Compeer Financial on a strip-till equipment financing pilot that helps farmers adopt soil conservation practices, reinforcing the company’s sustainability image and relationships with agricultural suppliers. Compeer Financial Collaborates with PepsiCo to Provide Strip-Till Equipment Financing
• Positive Sentiment: Analyst commentary continues to frame PepsiCo as a long-term growth and dividend holding, with several recent pieces highlighting valuation support and rebound potential. Why PepsiCo (PEP) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Management is continuing to promote PepsiCo’s women’s sports sponsorship and consumer engagement strategy as a growth driver, which supports the brand narrative but is not an immediate earnings catalyst. BIS: PepsiCo’s Carolyn Braff on women’s sports being a key growth driver
• Neutral Sentiment: Erste Group slightly trimmed its FY2027 EPS estimate for PepsiCo, but the revision was minimal and did not materially change the broader earnings outlook. PepsiCo, Inc. Stock Overview
• Negative Sentiment: The stock remains pressured by investor caution after recent trading weakness and a valuation that has come down from its highs, suggesting the market is waiting for stronger near-term growth or margin improvement. PepsiCo Steps Up Autonomous Freight Use As Valuation Gap Persists

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Wells Fargo & Company reduced their price target on PepsiCo from $160.00 to $150.00 and set an “equal weight” rating for the company in a research report on Friday, June 5th. Piper Sandler boosted their price target on PepsiCo from $172.00 to $181.00 and gave the stock an “overweight” rating in a research report on Thursday, March 12th. Rothschild & Co Redburn boosted their price objective on PepsiCo from $130.00 to $132.00 in a research note on Monday, May 11th. TD Cowen boosted their price objective on PepsiCo from $162.00 to $165.00 and gave the stock a “hold” rating in a research note on Friday, February 20th. Finally, Royal Bank Of Canada dropped their price objective on PepsiCo from $165.00 to $163.00 and set a “sector perform” rating on the stock in a research note on Thursday, April 9th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, PepsiCo has a consensus rating of “Hold” and an average price target of $168.25.

PepsiCo Stock Down 0.4%

PEP opened at $143.73 on Friday. PepsiCo, Inc. has a one year low of $127.60 and a one year high of $171.48. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.72 and a current ratio of 0.90. The stock’s fifty day moving average is $151.32 and its 200-day moving average is $152.42. The company has a market capitalization of $196.45 billion, a PE ratio of 22.56, a P/E/G ratio of 2.62 and a beta of 0.35.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings data on Wednesday, April 15th. The company reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.55 by $0.06. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The company had revenue of $19.44 billion for the quarter, compared to the consensus estimate of $18.89 billion. During the same quarter in the previous year, the business earned $1.48 EPS. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. On average, equities analysts predict that PepsiCo, Inc. will post 8.63 EPS for the current fiscal year.

PepsiCo Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th will be given a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.1%. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, June 5th. PepsiCo’s payout ratio is presently 92.94%.

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.