PepsiCo, Inc. $PEP Shares Acquired by V Square Quantitative Management LLC

V Square Quantitative Management LLC increased its position in PepsiCo, Inc. (NASDAQ:PEP) by 0.6% in the second quarter, Holdings Channel reports. The firm owned 20,960 shares of the company’s stock after purchasing an additional 121 shares during the quarter. V Square Quantitative Management LLC’s holdings in PepsiCo were worth $2,768,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Nova Wealth Management Inc. acquired a new position in PepsiCo in the first quarter valued at approximately $25,000. Elite Financial Inc. acquired a new position in PepsiCo in the first quarter valued at approximately $28,000. Legend Financial Advisors Inc. acquired a new position in PepsiCo in the second quarter valued at approximately $29,000. Investment Research & Advisory Group Inc. boosted its stake in PepsiCo by 263.6% in the second quarter. Investment Research & Advisory Group Inc. now owns 320 shares of the company’s stock valued at $42,000 after acquiring an additional 232 shares during the period. Finally, MorganRosel Wealth Management LLC acquired a new position in PepsiCo in the first quarter valued at approximately $55,000. 73.07% of the stock is currently owned by institutional investors and hedge funds.

PepsiCo Price Performance

Shares of NASDAQ:PEP opened at $140.44 on Monday. PepsiCo, Inc. has a 12 month low of $127.60 and a 12 month high of $177.50. The stock has a market cap of $192.27 billion, a price-to-earnings ratio of 25.58, a PEG ratio of 3.54 and a beta of 0.46. The stock’s 50 day moving average price is $144.63 and its 200 day moving average price is $139.59. The company has a debt-to-equity ratio of 2.12, a current ratio of 0.78 and a quick ratio of 0.60.

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

PepsiCo Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors 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 payout ratio is presently 103.64%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on PEP. UBS Group decreased their target price on PepsiCo from $175.00 to $170.00 and set a “buy” rating for the company in a research note on Thursday, September 11th. Royal Bank Of Canada cut their price target on PepsiCo from $146.00 to $145.00 and set a “sector perform” rating on the stock in a report on Monday, September 15th. JPMorgan Chase & Co. cut their price target on PepsiCo from $150.00 to $139.00 and set a “neutral” rating on the stock in a report on Thursday, July 10th. Wells Fargo & Company cut their price target on PepsiCo from $154.00 to $150.00 and set an “equal weight” rating on the stock in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of PepsiCo in a report on Thursday, July 17th. Four equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $158.13.

PepsiCo Company Profile

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.