Nykredit A S Takes $55.99 Million Position in PepsiCo, Inc. $PEP

Key Points

• Nykredit A/S acquired 413,556 PepsiCo shares during the second quarter, valued at approximately $55.99 million. Institutional investors collectively own 73.07% of the company.
• PepsiCo reported quarterly revenue of $24.18 billion and adjusted earnings of $2.20 per share, slightly exceeding analyst expectations, while revenue increased 6.4% year over year. The company reaffirmed fiscal 2026 EPS guidance of $8.55–$8.71.
• Shares recently traded near $140, below the average analyst price target of $157.90, with consensus remaining “Hold.” PepsiCo also declared a $1.48 quarterly dividend, equivalent to a 4.2% annualized yield, while soft North American demand remains a key concern.

Nykredit A S acquired a new stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 413,556 shares of the company's stock, valued at approximately $55,995,000.

Several other large investors also recently bought and sold shares of the stock. Brighton Jones LLC grew its stake in PepsiCo by 12.4% during the 4th quarter. Brighton Jones LLC now owns 59,392 shares of the company's stock valued at $9,031,000 after purchasing an additional 6,574 shares during the last quarter. Caxton Associates LLP purchased a new position in shares of PepsiCo in the first quarter worth about $251,000. Sivia Capital Partners LLC raised its stake in shares of PepsiCo by 138.5% in the second quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company's stock worth $862,000 after purchasing an additional 3,790 shares during the last quarter. Schnieders Capital Management LLC. lifted its holdings in shares of PepsiCo by 10.1% during the second quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company's stock worth $5,039,000 after purchasing an additional 3,502 shares during the period. Finally, Sei Investments Co. boosted its position in PepsiCo by 45.5% in the second quarter. Sei Investments Co. now owns 536,133 shares of the company's stock valued at $70,789,000 after buying an additional 167,707 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company's stock.

PepsiCo Stock Performance

PEP opened at $140.02 on Friday. The firm has a fifty day moving average price of $139.78 and a 200 day moving average price of $148.63. PepsiCo, Inc. has a 1 year low of $133.73 and a 1 year high of $171.48. The stock has a market cap of $191.11 billion, a P/E ratio of 18.35, a P/E/G ratio of 2.96 and a beta of 0.35. 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 - Get Free Report) last released its quarterly earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, beating the consensus estimate of $2.19 by $0.01. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The company had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. During the same quarter last year, the business earned $0.92 earnings per share. The firm's revenue was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Equities research analysts anticipate that PepsiCo, Inc. will post 8.57 earnings per share for the current year.

PepsiCo Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. TD Cowen reissued a "hold" rating on shares of PepsiCo in a research report on Friday, August 28th. JPMorgan Chase & Co. dropped their price objective 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. Jefferies Financial Group reduced their target price on shares of PepsiCo from $162.00 to $152.00 and set a "hold" rating for the company in a report on Friday, July 10th. BNP Paribas Exane decreased their target price on shares of PepsiCo from $195.00 to $183.00 and set an "outperform" rating for the company in a research report on Wednesday, July 8th. Finally, Piper Sandler set a $176.00 price target on shares of PepsiCo in a report on Thursday, July 9th. Seven investment analysts have rated the stock with a Buy rating, twelve have issued 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 price target of $157.90.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: International momentum, a potential large share buyback, and a portfolio overhaul could provide catalysts for PepsiCo in 2027, particularly as the company’s valuation has lagged some consumer-staples peers. Prediction: Pepsi Stock Could Surprise Wall Street in 2027
• Positive Sentiment: PepsiCo signed a multimillion-dollar partnership making its brands the official soft-drink portfolio of Arizona Athletic Grounds through 2033, supporting brand visibility and long-term commercial relationships. Arizona Athletic Grounds Partnership
• Positive Sentiment: Management continues to reiterate its revenue-growth targets, reinforcing confidence in the company’s dividend, cash-generation profile, and ability to navigate current pressure. PepsiCo Management Reiterates Revenue Growth Targets
• Neutral Sentiment: PepsiCo is transferring its global media account from Omnicom’s OMD to Publicis. The change may improve marketing effectiveness as consumer preferences and advertising technology evolve, but it also signals a significant transformation effort rather than an immediate earnings catalyst. PepsiCo Hands Global Media to Publicis
• Neutral Sentiment: Bank of America reaffirmed a Hold rating and a $152 price target, citing international strength that offsets weakness in PepsiCo Foods North America. The target implies potential upside from recent levels, but the unchanged rating reflects limited conviction. PepsiCo Neutral Rating Reaffirmed
• Negative Sentiment: Soft North American demand, especially as consumers move away from processed snacks, remains the clearest near-term concern. PepsiCo is responding by emphasizing fresh-food innovation and portfolio adjustments, but these changes may take time to improve sales trends. PepsiCo Puts Fresh Foods in Focus
• Negative Sentiment: Damage to a Ukrainian production facility and continued demand softness add operational and geopolitical risk, potentially pressuring near-term results and investor sentiment. PepsiCo Faces Ukraine Damage and Soft Demand
• Negative Sentiment: PepsiCo is reportedly ending obesity-related GLP-1 medication coverage for some employees, prompting criticism from the Obesity Action Coalition and creating potential reputational and employee-relations risks. OAC Calls on PepsiCo to Keep Obesity Treatment Coverage

Insiders Place Their Bets

In related news, EVP David Flavell sold 2,900 shares of the company's stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $139.54, for a total value of $404,666.00. Following the completion of the transaction, the executive vice president owned 74,825 shares of the company's stock, valued at approximately $10,441,080.50. This represents a 3.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.12% of the company's stock.

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.

Want to see what other hedge funds are holding PEP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PepsiCo, Inc. (NASDAQ:PEP - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source