--- title: "Global Retirement Partners LLC Makes New $4.21 Million Investment in PepsiCo, Inc. $PEP" type: "News" locale: "en" url: "https://longbridge.com/en/news/296751786.md" description: "Global Retirement Partners LLC invested $4.21 million in PepsiCo (PEP) during Q2, acquiring 31,067 shares. Other institutions like Swiss Life and Allstate also adjusted their holdings. Analysts issued mixed price targets, with a consensus 'Hold' rating at $157.90. PepsiCo recently reported Q2 EPS of $2.20, beating estimates, and announced a $1.48 quarterly dividend." datetime: "2026-08-24T07:44:39.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296751786.md) - [en](https://longbridge.com/en/news/296751786.md) - [zh-HK](https://longbridge.com/zh-HK/news/296751786.md) generator: "portal-rs" --- # Global Retirement Partners LLC Makes New $4.21 Million Investment in PepsiCo, Inc. $PEP Global Retirement Partners LLC purchased a new stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 31,067 shares of the company's stock, valued at approximately $4,206,000. - This Dividend ETF Choice Could Shape Your Income Strategy Through 2026 A number of other hedge funds have also modified their holdings of the business. Swiss Life Asset Management Ltd boosted its position in shares of PepsiCo by 11.4% during the fourth quarter. Swiss Life Asset Management Ltd now owns 415,271 shares of the company's stock worth $59,600,000 after buying an additional 42,335 shares during the period. National Pension Service raised its holdings in shares of PepsiCo by 2.5% in the 4th quarter. National Pension Service now owns 3,143,939 shares of the company's stock valued at $451,218,000 after buying an additional 77,051 shares during the period. Allstate Corp raised its holdings in shares of PepsiCo by 108.1% in the 4th quarter. Allstate Corp now owns 104,723 shares of the company's stock valued at $15,030,000 after buying an additional 54,405 shares during the period. First Nebraska Trust Co acquired a new position in PepsiCo during the 1st quarter worth about $10,782,000. Finally, Knights of Columbus Asset Advisors LLC boosted its holdings in PepsiCo by 90.0% during the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 94,652 shares of the company's stock valued at $13,584,000 after acquiring an additional 44,824 shares during the period. 73.07% of the stock is currently owned by hedge funds and other institutional investors. ## Analysts Set New Price Targets A number of analysts have issued reports on the stock. Bank of America cut their price target on shares of PepsiCo from $173.00 to $164.00 and set a "neutral" rating on the stock in a research note on Thursday, June 25th. Piper Sandler set a $176.00 price objective on shares of PepsiCo in a research note on Thursday, July 9th. Sanford C. Bernstein set a $134.00 price objective on shares of PepsiCo in a report on Friday, July 10th. BNP Paribas Exane cut their target price on shares of PepsiCo from $195.00 to $183.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 8th. Finally, UBS Group set a $159.00 target price on shares of PepsiCo in a report on Thursday, July 9th. Seven research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, PepsiCo has a consensus rating of "Hold" and a consensus price target of $157.90. - PepsiCo’s Dividend Could Turn Patience Into Real Profit **Check Out Our Latest Report on PEP** ## PepsiCo Stock Performance Shares of PepsiCo stock opened at $143.48 on Monday. The business has a 50-day simple moving average of $140.02 and a 200-day simple moving average of $150.26. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.74 and a current ratio of 0.93. PepsiCo, Inc. has a one year low of $133.73 and a one year high of $171.48. The company has a market cap of $195.83 billion, a PE ratio of 18.80, a P/E/G ratio of 3.15 and a beta of 0.35. - These 5 Companies Just Made a Massive Bet on Themselves PepsiCo (NASDAQ:PEP - Get Free Report) last issued its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share 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 firm had revenue of $24.18 billion for the quarter, compared to analysts' expectations of $23.95 billion. During the same quarter last year, the company earned $0.92 earnings per share. The firm's revenue was up 6.4% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, equities research analysts forecast that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year. ## PepsiCo Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th will be given a dividend of $1.48 per share. This represents a $5.92 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, September 4th. PepsiCo's payout ratio is 77.59%. ## Insider Activity In related news, EVP David Flavell sold 2,900 shares of the business's stock in a transaction on Monday, July 27th. The shares were sold at an average price of $139.54, for a total transaction of $404,666.00. Following the completion of the transaction, the executive vice president owned 74,825 shares in the company, valued at approximately $10,441,080.50. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.12% of the company's stock. ## About PepsiCo (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. ## Featured Articles - Five stocks we like better than PepsiCo - VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? - 3 Closed-End Funds to Maximize Dividend Payments - Rocket Lab's Sell-Off Is Fading—Is It Finally Safe to Buy? - $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in PepsiCo Right Now? Before you consider PepsiCo, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PepsiCo wasn't on the list. While PepsiCo currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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