Quantinno Capital Management LP Grows Stake in PepsiCo, Inc. $PEP

Quantinno Capital Management LP grew its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 19.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 637,889 shares of the company’s stock after acquiring an additional 103,635 shares during the quarter. Quantinno Capital Management LP’s holdings in PepsiCo were worth $99,058,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of PEP. Auto Owners Insurance Co grew its position in PepsiCo by 14,857.8% during the 4th 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 last quarter. Norges Bank purchased a new position in PepsiCo in the fourth quarter worth about $3,018,813,000. Diamant Asset Management Inc. lifted 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 in the last quarter. AQR Capital Management LLC grew its holdings in shares of PepsiCo by 120.7% during the third 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 increased its position in shares of PepsiCo by 30.0% during the third quarter. Amundi now owns 8,641,588 shares of the company’s stock valued at $1,207,230,000 after acquiring an additional 1,995,362 shares in the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Analysts Set New Price Targets

PEP has been the subject of a number of recent analyst reports. BNP Paribas Exane decreased their price objective on shares of PepsiCo from $195.00 to $183.00 and set an “outperform” rating for the company in a report on Wednesday, July 8th. Barclays increased their target price on PepsiCo from $138.00 to $142.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 21st. Weiss Ratings restated a “hold (c)” rating on shares of PepsiCo in a research note on Monday, July 6th. TD Cowen lowered their price target on PepsiCo from $150.00 to $145.00 and set a “hold” rating on the stock in a report on Friday, July 10th. Finally, UBS Group set a $159.00 price objective on PepsiCo in a research report on Thursday, July 9th. Seven analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $157.90.

PepsiCo Stock Up 2.3%

Shares of PepsiCo stock opened at $139.79 on Tuesday. PepsiCo, Inc. has a twelve month low of $133.73 and a twelve month high of $171.48. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. The company’s 50 day moving average is $141.93 and its 200 day moving average is $151.01. The company has a market cap of $190.80 billion, a price-to-earnings ratio of 18.32, a price-to-earnings-growth ratio of 3.00 and a beta of 0.36.

PepsiCo (NASDAQ:PEP) last posted its earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.01. The business had revenue of $24.18 billion during the quarter, compared to the consensus estimate of $23.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The firm’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Research analysts anticipate that PepsiCo, Inc. will post 8.57 EPS for the current year.

PepsiCo Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be given a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Friday, September 4th. PepsiCo’s dividend payout ratio is 77.59%.

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.