Swedbank AB Boosts Stock Position in PepsiCo, Inc. $PEP

Key Points

• Swedbank AB increased its stake in PepsiCo by 2.6% in Q4, adding 20,925 shares to hold 813,746 shares valued at about $116.79 million.
• PepsiCo topped estimates with Q1 EPS of $1.61 (vs. $1.55 expected) and revenue of $19.44B, and set FY2026 guidance of 8.465–8.628 EPS (sell‑side consensus ~8.63).
• The company authorized a $10 billion share buyback (up to ~4.7% of shares) and raised the quarterly dividend to $1.48 (annualized $5.92), signaling management confidence in cash flow.

Swedbank AB boosted its stake in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 2.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 813,746 shares of the company's stock after acquiring an additional 20,925 shares during the quarter. Swedbank AB owned about 0.06% of PepsiCo worth $116,789,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. JCIC Asset Management Inc. purchased a new position in PepsiCo during the 3rd quarter worth $27,000. MH & Associates Securities Management Corp ADV purchased a new stake in shares of PepsiCo in the fourth quarter valued at about $29,000. Imprint Wealth LLC purchased a new position in PepsiCo during the third quarter worth about $31,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in PepsiCo during the fourth quarter worth about $33,000. Finally, Strategic Advocates LLC acquired a new stake in PepsiCo in the third quarter valued at about $33,000. Institutional investors and hedge funds own 73.07% of the company's stock.

PepsiCo Stock Performance

NASDAQ PEP opened at $155.96 on Thursday. The business has a 50 day moving average price of $157.51 and a 200 day moving average price of $152.48. The company has a market capitalization of $213.16 billion, a P/E ratio of 24.48, a PEG ratio of 2.84 and a beta of 0.38. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $171.48. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.90 and a quick ratio of 0.72.

PepsiCo (NASDAQ:PEP - Get Free Report) last posted its earnings results on Thursday, April 16th. The company reported $1.61 EPS for the quarter, topping analysts' consensus estimates of $1.55 by $0.06. The company had revenue of $19.44 billion for the quarter, compared to the consensus estimate of $18.89 billion. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.PepsiCo's quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.48 earnings per share. PepsiCo has set its FY 2026 guidance at 8.465-8.628 EPS. Sell-side analysts expect that PepsiCo, Inc. will post 8.63 EPS for the current fiscal year.

PepsiCo declared that its Board of Directors has initiated a share repurchase program on Tuesday, February 3rd that allows the company to buyback $10.00 billion in shares. This buyback authorization allows the company to buy up to 4.7% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.

Analyst Upgrades and Downgrades

PEP has been the topic of several recent analyst reports. The Goldman Sachs Group boosted their target price on PepsiCo from $180.00 to $183.00 and gave the stock a "buy" rating in a research report on Friday, April 17th. Citigroup lifted their price target on PepsiCo from $170.00 to $182.00 and gave the company a "buy" rating in a research note on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft increased their price objective on PepsiCo from $169.00 to $173.00 and gave the stock a "buy" rating in a research report on Friday, April 17th. UBS Group decreased their target price on shares of PepsiCo from $190.00 to $186.00 and set a "buy" rating on the stock in a research report on Tuesday, April 7th. Finally, Royal Bank Of Canada cut their price target on shares of PepsiCo from $165.00 to $163.00 and set a "sector perform" rating for the company in a report on Thursday, April 9th. Eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $170.26.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Board raises the quarterly dividend to $1.48/share (4% year‑over‑year), increasing the annualized payout to $5.92 — supports income investors and signals confidence in cash flow. Article Title
• Positive Sentiment: Recent quarterly results and guidance momentum are being highlighted versus peers — PepsiCo’s snack exposure and affordability initiatives helped revive volumes, which investors view as durable drivers of revenue and margins. Article Title
• Positive Sentiment: PepsiCo announced low‑carbon fertilizer/ammonia agreements (TalusAg, Fertiberia) aimed at decarbonizing agricultural inputs — this supports sustainability targets and could reduce long‑term input price/volatility risk in key supply chains. Article Title
• Neutral Sentiment: Broader media pieces and dividend stock roundups are boosting visibility among income investors; these items may support demand but are not immediate fundamentals changes. Article Title
• Neutral Sentiment: Foodservice distribution news (Subway rolling out Poppi sodas) is industry‑level activity; impact on PepsiCo is unclear and likely limited unless linked distribution/partnerships are disclosed. Article Title
• Negative Sentiment: PETA activists staged a protest outside PepsiCo’s Purchase HQ (cementing feet, arrests) — a short‑term reputational headline; unlikely to materially affect earnings but worth monitoring for any escalation or broader campaign risk. Article Title

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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