Temasek Holdings Private Ltd Buys 22,193 Shares of PepsiCo, Inc. $PEP

Temasek Holdings Private Ltd boosted its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 4.0% in the 1st quarter, HoldingsChannel reports. The fund owned 579,619 shares of the company’s stock after buying an additional 22,193 shares during the quarter. Temasek Holdings Private Ltd’s holdings in PepsiCo were worth $90,009,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of PEP. Auto Owners Insurance Co boosted its stake in shares of PepsiCo by 14,857.8% during the fourth quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company’s stock valued at $7,068,777,000 after purchasing an additional 48,923,629 shares during the period. Norges Bank bought a new position in shares of PepsiCo in the fourth quarter worth approximately $3,018,813,000. Diamant Asset Management Inc. increased its stake in shares of PepsiCo by 16,146.5% in the first quarter. Diamant Asset Management Inc. now owns 3,586,423 shares of the company’s stock worth $556,936,000 after buying an additional 3,564,348 shares during the period. AQR Capital Management LLC raised its holdings in PepsiCo by 120.7% during the 3rd quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock valued at $830,902,000 after buying an additional 3,235,726 shares during the last quarter. Finally, Amundi boosted its position in PepsiCo by 30.0% during the 3rd quarter. Amundi now owns 8,641,588 shares of the company’s stock valued at $1,207,230,000 after buying an additional 1,995,362 shares during the period. 73.07% of the stock is currently owned by institutional investors.

PepsiCo Trading Down 0.3%

NASDAQ:PEP opened at $135.00 on Wednesday. The company has a 50-day moving average price of $142.91 and a 200-day moving average price of $151.14. The stock has a market cap of $184.26 billion, a price-to-earnings ratio of 17.69, a P/E/G ratio of 2.97 and a beta of 0.36. 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, Inc. has a 12 month low of $133.95 and a 12 month high of $171.48.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (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 analysts’ expectations of $23.95 billion. During the same quarter in the previous year, the company earned $0.92 earnings per share. PepsiCo’s quarterly 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 analysts predict that PepsiCo, Inc. will post 8.58 EPS for the current year.

PepsiCo Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be issued a dividend of $1.48 per share. The ex-dividend date is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.4%. PepsiCo’s dividend payout ratio is 77.59%.

Analyst Ratings Changes

A number of research firms have issued reports on PEP. Sanford C. Bernstein set a $134.00 price objective on shares of PepsiCo in a research report on Friday, July 10th. Rothschild & Co Redburn increased their target price on shares of PepsiCo from $130.00 to $132.00 in a report on Monday, May 11th. Morgan Stanley cut their target price on PepsiCo from $180.00 to $160.00 and set an “equal weight” rating on the stock in a research note on Friday, July 10th. Barclays boosted their price target on PepsiCo from $138.00 to $142.00 and gave the company an “equal weight” rating in a report on Tuesday. Finally, TD Cowen dropped their price objective on PepsiCo from $150.00 to $145.00 and set a “hold” rating for the company in a report on Friday, July 10th. Seven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $157.90.

PepsiCo 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.