Livforsakringsbolaget Skandia Omsesidigt Sells 13,200 Shares of PepsiCo, Inc. $PEP

Livforsakringsbolaget Skandia Omsesidigt reduced its stake in PepsiCo, Inc. (NASDAQ:PEP) by 25.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 37,992 shares of the company’s stock after selling 13,200 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in PepsiCo were worth $5,899,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cypress Capital Management LLC WY increased its holdings in shares of PepsiCo by 8.3% in the fourth quarter. Cypress Capital Management LLC WY now owns 838 shares of the company’s stock worth $121,000 after purchasing an additional 64 shares during the last quarter. United Bank lifted its position in shares of PepsiCo by 3.9% in the fourth quarter. United Bank now owns 1,717 shares of the company’s stock worth $246,000 after buying an additional 65 shares in the last quarter. Onyx Bridge Wealth Group LLC boosted its stake in PepsiCo by 2.5% during the first quarter. Onyx Bridge Wealth Group LLC now owns 2,673 shares of the company’s stock valued at $415,000 after buying an additional 66 shares during the last quarter. Richards Merrill & Peterson Inc. grew its holdings in PepsiCo by 3.6% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 1,938 shares of the company’s stock valued at $301,000 after buying an additional 67 shares in the last quarter. Finally, Koa Wealth Management LLC increased its stake in PepsiCo by 0.9% in the 4th quarter. Koa Wealth Management LLC now owns 8,007 shares of the company’s stock worth $1,149,000 after acquiring an additional 68 shares during the last quarter. Institutional investors own 73.07% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on PEP shares. Wells Fargo & Company decreased their price objective on PepsiCo from $150.00 to $140.00 and set an “equal weight” rating on the stock in a report on Friday, July 10th. Piper Sandler set a $176.00 price target on shares of PepsiCo in a research report on Thursday, July 9th. Morgan Stanley decreased their price target on shares of PepsiCo from $180.00 to $160.00 and set an “equal weight” rating on the stock in a research note on Friday. Bank of America dropped their price objective on shares of PepsiCo from $173.00 to $164.00 and set a “neutral” rating for the company in a research note on Thursday, June 25th. Finally, JPMorgan Chase & Co. reduced their target price on shares of PepsiCo from $178.00 to $170.00 and set an “overweight” rating on the stock in a report on Wednesday, July 1st. Seven equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $157.70.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is still finding support from broader consumer resilience, as Bank of America said households are continuing to spend on discretionary items despite inflation worries, which could help demand for snacks and drinks. BofA Sees ‘Strong’ Consumer, Bucking Fears of Price Pressures
• Positive Sentiment: PepsiCo’s recent earnings still showed solid underlying results, with revenue and EPS both slightly ahead of expectations, and management reiterated its longer-term FY2026 guidance. PepsiCo earnings and stock data
• Neutral Sentiment: Jim Cramer said PepsiCo can do better, but the commentary mainly reinforces that the stock has become a debate about execution rather than a clear catalyst. Jim Cramer Believes PepsiCo, Inc. (PEP) Can Do Better
• Neutral Sentiment: PepsiCo also outlined food-business plans and promoted product tie-ins like the Circle K partnership, but these developments appear incremental rather than stock-moving on their own. PepsiCo maps out food business plans
• Negative Sentiment: Recent reports say PepsiCo’s turnaround is stalling because Americans are rethinking snacking, and analysts pushed back on management’s North America growth strategy during the latest earnings call. PepsiCo’s turnaround stutters as Americans rethink snacking Where Analysts Pushed Back On PEP Stock’s Latest Earnings Call
• Negative Sentiment: Management also warned about pressures from gas prices and softer consumer spending, reinforcing concerns that shoppers may trade down or cut back on snack purchases. PepsiCo CEO warns on gas prices, consumer spending

PepsiCo Stock Down 2.2%

Shares of NASDAQ PEP opened at $135.45 on Wednesday. PepsiCo, Inc. has a 1 year low of $133.75 and a 1 year high of $171.48. The firm has a 50-day simple moving average of $144.63 and a two-hundred day simple moving average of $151.40. The company has a market cap of $184.87 billion, a P/E ratio of 17.75, a PEG ratio of 2.90 and a beta of 0.36. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.93 and a quick ratio of 0.74.

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

PepsiCo Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th were given a dividend of $1.48 per share. This represents a $5.92 annualized dividend and a dividend yield of 4.4%. This is a positive change from PepsiCo’s previous quarterly dividend of $1.42. The ex-dividend date was Friday, June 5th. PepsiCo’s dividend payout ratio is 77.59%.

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.