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PepsiCo Revenue Tops Estimate as Investors Increase Shareholdings

Pepsico logoPepsico
Sig1.23Sen+0.71Env0.00Soc0.00Gov0.00

Swiss Life Asset Management, National Pension Service and other investors increased their PepsiCo share positions, including additional purchases reported in the last quarter. PepsiCo reported quarterly revenue of $24.18B versus $23.95B expected, disclosed a quarterly dividend to be paid Wednesday, Septemb., and the stock fell 1.7% as analyst targets were adjusted.

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