Nordea Investment Management AB Decreases Holdings in PepsiCo, Inc. $PEP

Nordea Investment Management AB cut its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 6.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,998,209 shares of the company’s stock after selling 194,893 shares during the quarter. Nordea Investment Management AB’s holdings in PepsiCo were worth $419,929,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Evolution Wealth Management Inc. purchased a new stake in PepsiCo during the second quarter valued at about $27,000. Legend Financial Advisors Inc. purchased a new stake in PepsiCo during the 2nd quarter valued at about $29,000. Vermillion & White Wealth Management Group LLC increased its stake in PepsiCo by 107.1% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 234 shares of the company’s stock worth $31,000 after purchasing an additional 121 shares during the period. Halbert Hargrove Global Advisors LLC lifted its position in PepsiCo by 667.7% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock valued at $33,000 after purchasing an additional 207 shares during the last quarter. Finally, Frazier Financial Advisors LLC boosted its stake in shares of PepsiCo by 85.3% during the second quarter. Frazier Financial Advisors LLC now owns 265 shares of the company’s stock valued at $35,000 after purchasing an additional 122 shares during the period. Hedge funds and other institutional investors own 73.07% of the company’s stock.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Analysts lifting price targets and upgrade commentary — Citi recently raised its target (reported in coverage roundups) and several outlets highlighted analyst bullishness, supporting buyer demand. Analysts Positive on PepsiCo
• Positive Sentiment: Multi-year collaboration with NVIDIA and Siemens to deploy digital twins and AI across plants and supply chain — investors see this as a structural cost/margin improvement and a catalyst for productivity gains over time. PepsiCo Partners with Siemens and NVIDIA
• Positive Sentiment: Sector commentary and valuation framing — several pieces (Seeking Alpha/Zacks summaries) argue PEP is cheaper after recent weakness and can expand margins while maintaining a high yield, which attracts income-oriented and value investors. Rating Upgrade / Valuation Take
• Neutral Sentiment: Operational initiatives and hires — PepsiCo appointed a new VP for Strategy & Transformation in India/South Asia and is publicly integrating AI into production; these are constructive for long-term execution but are not immediate earnings drivers. PepsiCo hires Nishant Gupta PepsiCo Integrates AI
• Neutral Sentiment: Short interest data shows no actionable short-pressure signal (reported short-interest reads as zero and appears anomalous), so short-covering is unlikely to be a material intraday driver. (Data item reported 1/12/2026)
• Negative Sentiment: PFNA / core snack volumes are uneven — Zacks flags pressure from value sensitivity and shifting preferences that could constrain near-term top-line growth in snack categories, which keeps some investors cautious on near-term EPS upside. PFNA Volumes Pressure

PepsiCo Stock Performance

Shares of PepsiCo stock opened at $141.36 on Tuesday. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $160.15. The firm’s 50-day moving average is $145.38 and its 200 day moving average is $144.40. The stock has a market cap of $193.29 billion, a price-to-earnings ratio of 26.87, a PEG ratio of 4.58 and a beta of 0.42. The company has a debt-to-equity ratio of 2.26, a current ratio of 0.91 and a quick ratio of 0.72.

PepsiCo Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Friday, December 5th were issued a dividend of $1.4225 per share. The ex-dividend date was Friday, December 5th. This represents a $5.69 dividend on an annualized basis and a dividend yield of 4.0%. PepsiCo’s dividend payout ratio is presently 108.17%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on PEP. The Goldman Sachs Group increased their price target on shares of PepsiCo from $165.00 to $167.00 and gave the company a “buy” rating in a research report on Friday, October 10th. BNP Paribas Exane lowered their price objective on shares of PepsiCo from $152.00 to $150.00 and set a “neutral” rating for the company in a research note on Monday, October 6th. Wells Fargo & Company boosted their price target on PepsiCo from $150.00 to $154.00 and gave the company a “positive” rating in a report on Friday, October 10th. JPMorgan Chase & Co. raised PepsiCo from a “neutral” rating to an “overweight” rating and upped their price target for the company from $151.00 to $164.00 in a research report on Wednesday, December 10th. Finally, Royal Bank Of Canada decreased their price target on shares of PepsiCo from $146.00 to $145.00 and set a “sector perform” rating for the company in a research note on Monday, September 15th. Eight analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $158.68.

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.