Norges Bank Invests $3.02 Billion in PepsiCo, Inc. $PEP

Norges Bank acquired a new stake in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 21,034,095 shares of the company’s stock, valued at approximately $3,018,813,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. MH & Associates Securities Management Corp ADV acquired a new position in PepsiCo during the 4th quarter valued at approximately $29,000. Imprint Wealth LLC acquired a new position in PepsiCo during the 3rd quarter valued at approximately $31,000. Strategic Advocates LLC acquired a new position in PepsiCo during the 3rd quarter valued at approximately $33,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in PepsiCo during the 4th quarter valued at approximately $33,000. Finally, Highline Wealth Partners LLC boosted its position in PepsiCo by 56.3% during the 4th quarter. Highline Wealth Partners LLC now owns 250 shares of the company’s stock valued at $36,000 after purchasing an additional 90 shares during the period. Institutional investors and hedge funds own 73.07% of the company’s stock.

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PepsiCo Trading Down 1.4%

Shares of PEP stock opened at $144.19 on Friday. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.72 and a current ratio of 0.90. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $171.48. The stock has a fifty day moving average of $153.13 and a two-hundred day moving average of $152.60. The firm has a market capitalization of $197.07 billion, a PE ratio of 22.64, a price-to-earnings-growth ratio of 2.65 and a beta of 0.38.

PepsiCo (NASDAQ:PEP – Get Free Report) last posted its quarterly earnings data on Wednesday, April 15th. The company reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.55 by $0.06. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The company had revenue of $19.44 billion for the quarter, compared to the consensus estimate of $18.89 billion. During the same quarter in the previous year, the business earned $1.48 EPS. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. As a group, research analysts expect that PepsiCo, Inc. will post 8.63 EPS for the current year.

PepsiCo announced that its board has approved a share buyback program on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization permits the company to reacquire up to 4.7% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its shares are undervalued.

PepsiCo Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th will be paid a $1.48 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.1%. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s dividend payout ratio (DPR) is presently 92.94%.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo continues to appeal to income investors after raising its quarterly dividend by 4% to $1.48 per share, reinforcing its reputation as a reliable dividend payer. Here is Why PepsiCo (PEP) is Among the Best Dividend-Paying Beverage Stocks to Buy Now
• Positive Sentiment: New sustainability and agricultural partnerships, including work with EIT Food and Fertiberia, support PepsiCo’s long-term supply chain resilience and lower-carbon goals. PepsiCo Foundation and EIT Food back young European farmers with new programme
• Positive Sentiment: The company is also being highlighted for brand and product strategy, including packaging and smaller-portion changes aimed at matching shifting consumer preferences and competing more effectively with rivals like Coca-Cola. Pepsi makes big change to counter Coca-Cola
• Neutral Sentiment: Several articles frame PepsiCo as a strong brand and sponsorship player in global beverage markets, which is supportive of the long-term story but not a direct catalyst for the stock right now. APAC Non-Alcoholic Beverages Industry Sport Sponsorship Analysis Report 2025
• Neutral Sentiment: Coverage of PepsiCo’s marketing leadership and “people and planet” branding reinforces the company’s positioning, but it appears more like thought leadership than a near-term earnings driver. How PepsiCo’s CMO Is Building Brands That Perform For People And Planet
• Negative Sentiment: The stock has been sliding alongside a stronger market, suggesting investors remain cautious despite PepsiCo’s defensive profile and dividend support. PepsiCo (PEP) Stock Slides as Market Rises: Facts to Know Before You Trade

Analyst Upgrades and Downgrades

PEP has been the subject of a number of analyst reports. Wall Street Zen lowered PepsiCo from a “buy” rating to a “hold” rating in a research report on Saturday, April 18th. JPMorgan Chase & Co. boosted their price target on PepsiCo from $172.00 to $178.00 and gave the stock an “overweight” rating in a research report on Friday, April 17th. UBS Group reduced their price target on PepsiCo from $190.00 to $186.00 and set a “buy” rating for the company in a research report on Tuesday, April 7th. Argus upgraded PepsiCo to a “hold” rating in a research report on Tuesday, February 17th. Finally, BNP Paribas Exane boosted their price target on PepsiCo from $191.00 to $195.00 and gave the stock an “outperform” rating in a research report on Friday, April 17th. Eight analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $170.11.

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PepsiCo Profile

(Free Report)

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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