ORG Partners LLC Has $209,000 Position in PepsiCo, Inc. $PEP

ORG Partners LLC increased its position in PepsiCo, Inc. (NASDAQ:PEP) by 12.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,541 shares of the company’s stock after purchasing an additional 173 shares during the quarter. ORG Partners LLC’s holdings in PepsiCo were worth $209,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Nuveen LLC bought a new stake in shares of PepsiCo during the first quarter worth approximately $946,978,000. Kingstone Capital Partners Texas LLC acquired a new position in PepsiCo in the 2nd quarter valued at $460,110,000. Assenagon Asset Management S.A. grew its stake in PepsiCo by 106.1% during the first quarter. Assenagon Asset Management S.A. now owns 3,514,965 shares of the company’s stock worth $527,034,000 after buying an additional 1,809,391 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of PepsiCo by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 135,174,252 shares of the company’s stock worth $20,268,027,000 after acquiring an additional 1,802,748 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of PepsiCo by 5.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 26,475,241 shares of the company’s stock valued at $3,969,698,000 after purchasing an additional 1,258,198 shares during the last quarter. 73.07% of the stock is owned by institutional investors.

PepsiCo Trading Up 0.4%

Shares of PepsiCo stock opened at $140.44 on Monday. The company has a debt-to-equity ratio of 2.12, a current ratio of 0.78 and a quick ratio of 0.60. The firm has a market cap of $192.27 billion, a PE ratio of 25.58, a P/E/G ratio of 3.54 and a beta of 0.46. The stock has a fifty day moving average price of $144.63 and a 200-day moving average price of $139.59. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $177.50.

PepsiCo (NASDAQ:PEP) last released its earnings results on Thursday, July 17th. The company reported $2.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.03 by $0.09. PepsiCo had a return on equity of 57.81% and a net margin of 8.23%.The business had revenue of $22.73 billion during the quarter, compared to the consensus estimate of $22.28 billion. During the same period last year, the business posted $2.28 earnings per share. The business’s revenue for the quarter was up 1.0% on a year-over-year basis. PepsiCo has set its FY 2025 guidance at 8.038-8.038 EPS. Equities research analysts anticipate that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th will be issued a dividend of $1.4225 per share. The ex-dividend date of this dividend is Friday, September 5th. This represents a $5.69 annualized dividend and a yield of 4.1%. PepsiCo’s dividend payout ratio is 103.64%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on PEP shares. Royal Bank Of Canada lowered their price objective on shares of PepsiCo from $146.00 to $145.00 and set a “sector perform” rating for the company in a research report on Monday, September 15th. Cowen reiterated a “hold” rating on shares of PepsiCo in a report on Thursday, July 17th. Bank of America decreased their price target on PepsiCo from $150.00 to $145.00 and set a “neutral” rating for the company in a report on Friday, July 11th. Barclays lifted their price objective on shares of PepsiCo from $132.00 to $144.00 and gave the company an “equal weight” rating in a research note on Monday, July 21st. Finally, UBS Group decreased their price objective on PepsiCo from $175.00 to $170.00 and set a “buy” rating for the company in a report on Thursday, September 11th. Four analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $158.13.

About PepsiCo

PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.