PensionDanmark Pensionsforsikringsaktieselskab Has $45.70 Million Holdings in PepsiCo, Inc. $PEP

Key Points

• PensionDanmark increased its PepsiCo stake by 8.5% in the second quarter, owning 337,497 shares valued at approximately $45.7 million. Institutional investors collectively hold 73.07% of PEP’s outstanding stock.
• Analysts remain cautious, with PepsiCo receiving a consensus “Hold” rating and an average price target of $157.90. Recent target reductions included Jefferies to $152 and Bank of America to $164.
• PepsiCo reported quarterly revenue of $24.18 billion and adjusted earnings of $2.20 per share, slightly exceeding estimates, while revenue rose 6.4% year over year. The company declared a $1.48 quarterly dividend, equivalent to a 4.3% annual yield.

PensionDanmark Pensionsforsikringsaktieselskab raised its stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 8.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 337,497 shares of the company's stock after acquiring an additional 26,532 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab's holdings in PepsiCo were worth $45,697,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Assenagon Asset Management S.A. boosted its position in shares of PepsiCo by 952.6% during the 2nd quarter. Assenagon Asset Management S.A. now owns 3,715,812 shares of the company's stock worth $503,121,000 after acquiring an additional 3,362,794 shares in the last quarter. 55 North Private Wealth LLC lifted its stake in PepsiCo by 4.2% during the second quarter. 55 North Private Wealth LLC now owns 1,918 shares of the company's stock worth $260,000 after purchasing an additional 78 shares during the last quarter. Byrne Asset Management LLC boosted its holdings in shares of PepsiCo by 13.8% in the 2nd quarter. Byrne Asset Management LLC now owns 1,113 shares of the company's stock valued at $151,000 after purchasing an additional 135 shares in the last quarter. Chapin Davis Inc. increased its stake in shares of PepsiCo by 1.1% in the 2nd quarter. Chapin Davis Inc. now owns 19,439 shares of the company's stock valued at $2,632,000 after purchasing an additional 212 shares during the last quarter. Finally, Fermata Advisors LLC raised its holdings in shares of PepsiCo by 18.3% during the 2nd quarter. Fermata Advisors LLC now owns 2,474 shares of the company's stock worth $335,000 after buying an additional 382 shares in the last quarter. 73.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on PEP. Weiss Ratings reiterated a "hold (c)" rating on shares of PepsiCo in a research note on Monday, July 6th. Jefferies Financial Group cut their price target on PepsiCo from $162.00 to $152.00 and set a "hold" rating on the stock in a research note on Friday, July 10th. Deutsche Bank Aktiengesellschaft set a $155.00 price target on PepsiCo in a report on Friday, July 10th. Bank of America reduced their target price on shares of PepsiCo from $173.00 to $164.00 and set a "neutral" rating on the stock in a report on Thursday, June 25th. Finally, Wall Street Zen cut shares of PepsiCo from a "buy" rating to a "hold" rating in a research report on Saturday, April 18th. Seven investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, PepsiCo has an average rating of "Hold" and a consensus target price of $157.90.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s targeted price-pack strategy is reportedly helping revive U.S. salty-snack volumes. Sustained volume improvement could support revenue and earnings growth through late 2026 and into 2027. Can PepsiCo’s Price-Pack Strategy Successfully Boost Volumes in 2026?
• Positive Sentiment: PepsiCo is launching Alvalle refrigerated gazpacho in the United States, expanding beyond traditional snacks and beverages into fresh, meal-adjacent foods. The move provides a potential source of category and distribution growth, though its near-term financial impact is likely limited. PepsiCo launches Alvalle gazpacho in the U.S.
• Positive Sentiment: Commentary highlights PEP’s dividend yield above 4% and relatively modest valuation as potential support for income-oriented investors, particularly following its recent earnings acceleration. This Dividend King Yields Over 4% and Trades Near Its 52-Week Lows

Insider Transactions at PepsiCo

In other news, EVP David Flavell sold 2,900 shares of PepsiCo stock in a transaction 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 directly owned 74,825 shares in the company, valued at $10,441,080.50. The trade was a 3.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.12% of the stock is owned by company insiders.

PepsiCo Trading Down 0.2%

PEP opened at $138.44 on Friday. The company has a fifty day moving average price of $140.58 and a two-hundred day moving average price of $150.89. PepsiCo, Inc. has a 1-year low of $133.73 and a 1-year high of $171.48. The company has a market cap of $188.96 billion, a P/E ratio of 18.14, a price-to-earnings-growth ratio of 3.05 and a beta of 0.35. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91.

PepsiCo (NASDAQ:PEP - Get Free Report) last released its quarterly earnings data 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 net margin of 10.78% and a return on equity of 54.63%. 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 prior year, the company posted $0.92 earnings per share. The business'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. Analysts predict that PepsiCo, Inc. will post 8.57 EPS for the current fiscal 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 issued a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Friday, September 4th. PepsiCo's dividend payout ratio (DPR) is 77.59%.

PepsiCo Company 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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