Caisse de depot et placement du Quebec Takes $114.19 Million Position in PepsiCo, Inc. $PEP

Key Points

• Caisse de dépôt et placement du Québec acquired 843,376 PepsiCo shares worth approximately $114.2 million, giving it a 0.06% stake. Institutional investors collectively own 73.07% of the company.
• PepsiCo reported quarterly EPS of $2.20, slightly beating estimates, while revenue rose 6.4% year over year to $24.18 billion. The company maintained fiscal 2026 EPS guidance of $8.55–$8.71.
• PepsiCo declared a quarterly dividend of $1.48 per share, equivalent to an annualized $5.92 payout and a 4.2% yield. Analysts have a consensus “Hold” rating and an average price target of $157.90.

Caisse de depot et placement du Quebec acquired a new position in PepsiCo, Inc. (NASDAQ:PEP - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 843,376 shares of the company's stock, valued at approximately $114,193,000. Caisse de depot et placement du Quebec owned 0.06% of PepsiCo as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Auto Owners Insurance Co lifted its stake in shares of PepsiCo by 14,857.8% in the 4th quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company's stock worth $7,068,777,000 after acquiring an additional 48,923,629 shares during the period. Norges Bank acquired a new position in shares of PepsiCo during the fourth quarter valued at approximately $3,018,813,000. Legal & General Group Plc bought a new stake in PepsiCo during the second quarter worth approximately $1,200,274,000. Canada Pension Plan Investment Board bought a new stake in PepsiCo during the second quarter worth approximately $487,558,000. Finally, Diamant Asset Management Inc. lifted its position in PepsiCo by 16,146.5% in the first quarter. Diamant Asset Management Inc. now owns 3,586,423 shares of the company's stock worth $556,936,000 after purchasing an additional 3,564,348 shares during the period. Institutional investors and hedge funds own 73.07% of the company's stock.

PepsiCo Trading Down 0.5%

NASDAQ:PEP opened at $140.34 on Tuesday. The stock has a fifty day simple moving average of $139.85 and a 200 day simple moving average of $149.20. The firm has a market capitalization of $191.55 billion, a price-to-earnings ratio of 18.39, a price-to-earnings-growth ratio of 3.10 and a beta of 0.35. PepsiCo, Inc. has a 1-year low of $133.73 and a 1-year high of $171.48. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91.

PepsiCo (NASDAQ:PEP - Get Free Report) last posted its quarterly earnings data on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) 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 quarter in the previous year, the company earned $0.92 EPS. The business'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. Sell-side analysts forecast that PepsiCo, Inc. will post 8.57 earnings per share for the current year.

PepsiCo Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th will be issued a dividend of $1.48 per share. The ex-dividend date is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.2%. PepsiCo's payout ratio is currently 77.59%.

Insider Activity at PepsiCo

In related news, EVP David Flavell sold 2,900 shares of the company's stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $139.54, for a total value of $404,666.00. Following the completion of the sale, the executive vice president owned 74,825 shares in the company, valued at approximately $10,441,080.50. This represents a 3.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.12% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on PEP shares. Jefferies Financial Group lowered their price target on PepsiCo from $162.00 to $152.00 and set a "hold" rating on the stock in a research report on Friday, July 10th. Rothschild & Co Redburn upped their price objective on PepsiCo from $130.00 to $132.00 in a report on Monday, May 11th. Sanford C. Bernstein set a $134.00 target price on PepsiCo in a research note on Friday, July 10th. TD Cowen reaffirmed a "hold" rating on shares of PepsiCo in a report on Friday. Finally, Barclays upped their price target on shares of PepsiCo from $138.00 to $142.00 and gave the company an "equal weight" rating in a report on Tuesday, July 21st. Seven equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $157.90.

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.

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