PepsiCo, Inc. $PEP Shares Purchased by DNB Asset Management AS

Posted by George Bondi on May 16th, 2026

DNB Asset Management AS increased its position in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 4.2% during the fourth quarter, Holdings Channel reports. The fund owned 786,442 shares of the company’s stock after acquiring an additional 31,487 shares during the quarter. DNB Asset Management AS’s holdings in PepsiCo were worth $112,870,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Lockheed Martin Investment Management Co. boosted its position in PepsiCo by 5.3% during the fourth quarter. Lockheed Martin Investment Management Co. now owns 79,740 shares of the company’s stock worth $11,444,000 after acquiring an additional 3,990 shares during the last quarter. Commerzbank Aktiengesellschaft FI boosted its position in PepsiCo by 3.6% during the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 339,899 shares of the company’s stock worth $48,782,000 after acquiring an additional 11,943 shares during the last quarter. WHI TRUST Co LLC acquired a new stake in PepsiCo during the fourth quarter worth approximately $215,000. Thrivent Financial for Lutherans boosted its position in PepsiCo by 554.8% during the fourth quarter. Thrivent Financial for Lutherans now owns 460,460 shares of the company’s stock worth $66,092,000 after acquiring an additional 390,136 shares during the last quarter. Finally, Wealth Advisors of Iowa LLC boosted its holdings in shares of PepsiCo by 4.5% in the 4th quarter. Wealth Advisors of Iowa LLC now owns 1,928 shares of the company’s stock valued at $277,000 after purchasing an additional 83 shares during the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Stock Performance

Shares of PEP stock opened at $149.12 on Friday. The company’s fifty day simple moving average is $155.25 and its 200-day simple moving average is $152.42. PepsiCo, Inc. has a 52 week low of $127.60 and a 52 week high of $171.48. The company has a current ratio of 0.90, a quick ratio of 0.72 and a debt-to-equity ratio of 1.98. The company has a market cap of $203.81 billion, a PE ratio of 23.41, a P/E/G ratio of 2.72 and a beta of 0.38.

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

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

PepsiCo Increases Dividend

The firm also recently announced 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 4.0%. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s payout ratio is 89.32%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Citigroup lifted their price target on shares of PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. TD Cowen lifted their price target on shares of PepsiCo from $162.00 to $165.00 and gave the company a “hold” rating in a report on Friday, February 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of PepsiCo in a report on Wednesday, April 8th. Argus upgraded shares of PepsiCo to a “hold” rating in a report on Tuesday, February 17th. Finally, Rothschild & Co Redburn lifted their price target on shares of PepsiCo from $130.00 to $132.00 in a report on Monday, May 11th. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $170.37.

Check Out Our Latest Stock Analysis on PEP

PepsiCo Company 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.