Handelsbanken Fonder AB Cuts Position in PepsiCo, Inc. $PEP

NodeGuardian · 2026-03-04T17:56:50+00:00

Handelsbanken Fonder AB reduced its PepsiCo stake by 3.4%, retaining 536,352 shares valued at $75.33 million. This follows PepsiCo's $10 billion buyback approval and a quarterly dividend declaration. Analysts maintain a "Hold" rating with a target price of $168.00.

NodeGuardian

2026-03-04 17:56:50

Abstract generation in progress

Handelsbanken Fonder AB reduced its stake in PepsiCo by 3.4% during the third quarter, selling 19,089 shares and retaining 536,352 shares valued at approximately $75.33 million. This comes as PepsiCo’s board approved a $10 billion share buyback program and declared a quarterly dividend of $1.4225 per share. Analysts generally hold a “Hold” rating for PepsiCo, with a consensus target price of $168.00.

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