Handelsbanken Fonder AB Buys 30,379 Shares of PepsiCo, Inc. $PEP

Handelsbanken Fonder AB increased its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 5.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 562,298 shares of the company’s stock after purchasing an additional 30,379 shares during the period. Handelsbanken Fonder AB’s holdings in PepsiCo were worth $76,135,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Evergreen Advisors LLC acquired a new position in shares of PepsiCo during the 1st quarter worth about $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of PepsiCo in the 4th quarter valued at approximately $26,000. Swiss RE Ltd. bought a new position in PepsiCo during the 4th quarter worth approximately $28,000. Networth Advisors LLC grew its holdings in PepsiCo by 2,857.1% during the first quarter. Networth Advisors LLC now owns 207 shares of the company’s stock valued at $32,000 after purchasing an additional 200 shares during the period. Finally, Vermillion Wealth Management Inc. increased its stake in PepsiCo by 99.1% in the first quarter. Vermillion Wealth Management Inc. now owns 217 shares of the company’s stock valued at $34,000 after purchasing an additional 108 shares in the last quarter. Institutional investors own 73.07% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Evercore set a $150.00 price target on shares of PepsiCo in a research report on Thursday, July 9th. Rothschild & Co Redburn raised their price objective on PepsiCo from $130.00 to $132.00 in a research note on Monday, May 11th. JPMorgan Chase & Co. reduced their target price on PepsiCo from $178.00 to $170.00 and set an “overweight” rating on the stock in a report on Wednesday, July 1st. UBS Group set a $159.00 target price on PepsiCo in a research note on Thursday, July 9th. Finally, HSBC increased their price target on PepsiCo from $175.00 to $176.00 and gave the stock a “hold” rating in a report on Friday, April 17th. Seven 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 data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $157.90.

PepsiCo Trading Down 0.9%

Shares of NASDAQ:PEP opened at $137.73 on Tuesday. The company’s 50-day moving average price is $140.40 and its two-hundred day moving average price is $150.76. PepsiCo, Inc. has a one year low of $133.73 and a one year high of $171.48. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.93 and a quick ratio of 0.74. The stock has a market capitalization of $187.99 billion, a PE ratio of 18.05, a price-to-earnings-growth ratio of 3.05 and a beta of 0.35.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings data on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, beating 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 company had revenue of $24.18 billion during the quarter, compared to analysts’ expectations of $23.95 billion. During the same quarter last year, the company earned $0.92 EPS. PepsiCo’s revenue for the quarter was up 6.4% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, equities analysts forecast that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be given a dividend of $1.48 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.92 annualized dividend and a dividend yield of 4.3%. PepsiCo’s payout ratio is 77.59%.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s U.S. foods segment is showing renewed volume growth, helped by affordability-focused pricing, portfolio changes and efforts to respond to changing consumer preferences. A sustained recovery could support revenue growth and improve investor sentiment. PepsiCo’s Foods Segment: Sustainable Recovery or Temporary Relief?
• Positive Sentiment: The company is adapting its portfolio to demand for products with less sugar and more protein and fiber, potentially improving PepsiCo’s long-term relevance as consumer preferences shift. Less sugar, more protein and fiber
• Positive Sentiment: PepsiCo’s 54-year record of dividend increases and current quarterly payout of $1.48 per share continue to support its appeal to income-oriented investors. PepsiCo dividend analysis
• Neutral Sentiment: PepsiCo is bringing an international food product to the U.S., offering a potential innovation and distribution opportunity, though the financial impact is not yet clear. PepsiCo Foods international favorite
• Neutral Sentiment: Speculation that beverage companies could acquire Celsius Holdings, in which PepsiCo has an equity investment, highlights possible strategic value but does not indicate that PepsiCo is pursuing or will benefit from a transaction. Energy drink buyout speculation
• Negative Sentiment: The key risk is that the foods rebound may be temporary. Investors remain concerned about weak underlying demand, intense competition and whether affordability measures can generate durable volume growth without pressuring margins. Heavy reliance on PepsiCo’s dividend also creates portfolio-concentration risk. PepsiCo foods recovery analysis

Insider Activity

In other news, EVP David Flavell sold 2,900 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $139.54, for a total transaction of $404,666.00. Following the sale, the executive vice president owned 74,825 shares in the company, valued at $10,441,080.50. This represents a 3.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.12% of the stock is currently owned by corporate insiders.

About PepsiCo

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.