PepsiCo, Inc. $PEP Shares Purchased by Swedbank AB

Swedbank AB lifted its stake in PepsiCo, Inc. (NASDAQ:PEP) by 2.6% in the 4th quarter, Holdings Channel reports. The firm owned 813,746 shares of the company’s stock after purchasing an additional 20,925 shares during the quarter. Swedbank AB’s holdings in PepsiCo were worth $116,789,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in PEP. MH & Associates Securities Management Corp ADV purchased a new position in PepsiCo during the 4th quarter valued at about $29,000. Imprint Wealth LLC purchased a new position in PepsiCo during the 3rd quarter valued at about $31,000. Strategic Advocates LLC purchased a new position in PepsiCo during the 3rd quarter valued at about $33,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in PepsiCo in the 4th quarter valued at approximately $33,000. Finally, Highline Wealth Partners LLC lifted its stake in PepsiCo by 56.3% in the 4th quarter. Highline Wealth Partners LLC now owns 250 shares of the company’s stock valued at $36,000 after buying an additional 90 shares in the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo extended and revised its licensing and bottling arrangements with Varun Beverages in India through 2049, while also giving the partner more freedom to pursue non-PepsiCo ventures. The longer-term deal should help protect distribution in a key growth market and reduce partnership uncertainty. Varun Beverages, PepsiCo revise licencing deal
• Positive Sentiment: PepsiCo is also being highlighted by market commentary as a strong growth stock and a defensive blue-chip income name, reinforcing investor interest in the company’s earnings stability and dividend profile. Here’s Why PepsiCo (PEP) is a Strong Growth Stock
• Neutral Sentiment: PepsiCo launched new products and initiatives, including a functional ready-to-drink tea and a greenhouse program in Asia-Pacific, which support its innovation story but are unlikely to move the stock on their own. PepsiCo adds functional RTD tea
• Neutral Sentiment: The company is also moving ahead with sustainability and regenerative agriculture efforts, which may help long-term brand positioning but are not immediate earnings catalysts. PepsiCo enters regen ag pact with LDC
• Negative Sentiment: Industry coverage continues to flag margin pressure from higher sugar, packaging and freight costs, along with tariff uncertainty. That backdrop could weigh on profitability for PepsiCo and other soft drink makers if costs stay elevated. 5 Soft Drinks Stocks to Track Amid Margin & Tariff Pressures
• Negative Sentiment: PepsiCo said it will raise prices on some smaller chip bags to offset increased costs. While this may help margins, it can also pressure volume and suggests inflation remains a headwind. Lay’s and Doritos maker to raise prices on small bags of chips

Wall Street Analyst Weigh In

Several equities analysts have weighed in on PEP shares. Royal Bank Of Canada dropped their price target on PepsiCo from $165.00 to $163.00 and set a “sector perform” rating for the company in a research report on Thursday, April 9th. Wells Fargo & Company cut their price objective on shares of PepsiCo from $165.00 to $160.00 and set an “equal weight” rating for the company in a research report on Monday, May 18th. Citigroup boosted their price objective on shares of PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. JPMorgan Chase & Co. boosted their price objective on shares of PepsiCo from $172.00 to $178.00 and gave the company an “overweight” rating in a research report on Friday, April 17th. Finally, Barclays boosted their price objective on shares of PepsiCo from $154.00 to $158.00 and gave the company an “equal weight” rating in a research report on Monday, April 20th. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, PepsiCo has an average rating of “Hold” and an average target price of $170.11.

PepsiCo Stock Performance

Shares of PEP stock opened at $150.57 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 company has a 50 day moving average price of $154.17 and a 200 day moving average price of $152.45. The firm has a market capitalization of $205.79 billion, a price-to-earnings ratio of 23.64, a price-to-earnings-growth ratio of 2.73 and a beta of 0.38.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Wednesday, April 15th. The company reported $1.61 EPS for the quarter, topping the consensus estimate of $1.55 by $0.06. PepsiCo had a net margin of 9.15% and a return on equity of 56.61%. The firm had revenue of $19.44 billion during the quarter, compared to analyst estimates of $18.89 billion. During the same quarter in the prior year, the business posted $1.48 earnings per share. PepsiCo’s revenue for the quarter was up 8.5% compared to the same quarter last year. Sell-side analysts anticipate that PepsiCo, Inc. will post 8.63 EPS for the current year.

PepsiCo announced that its board has initiated a stock repurchase program on Tuesday, February 3rd that allows the company to repurchase $10.00 billion in shares. This repurchase authorization allows the company to reacquire up to 4.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued.

PepsiCo Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, June 5th will be given a dividend of $1.48 per share. This represents a $5.92 annualized dividend and a yield of 3.9%. This is a positive change from PepsiCo’s previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, June 5th. PepsiCo’s dividend payout ratio (DPR) is currently 89.32%.

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.