Perryman Financial Advisory Inc. AD bought a new stake in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 55,125 shares of the company’s stock, valued at approximately $7,912,000. PepsiCo accounts for 1.2% of Perryman Financial Advisory Inc. AD’s holdings, making the stock its 26th largest position.
A number of other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC raised its holdings in shares of PepsiCo by 12.4% during the 4th quarter. Brighton Jones LLC now owns 59,392 shares of the company’s stock valued at $9,031,000 after purchasing an additional 6,574 shares in the last quarter. Caxton Associates LLP bought a new position in shares of PepsiCo during the 1st quarter valued at $251,000. Sivia Capital Partners LLC raised its holdings in shares of PepsiCo by 138.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company’s stock valued at $862,000 after purchasing an additional 3,790 shares in the last quarter. Schnieders Capital Management LLC. raised its holdings in shares of PepsiCo by 10.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company’s stock valued at $5,039,000 after purchasing an additional 3,502 shares in the last quarter. Finally, Sei Investments Co. raised its holdings in shares of PepsiCo by 45.5% during the 2nd quarter. Sei Investments Co. now owns 536,133 shares of the company’s stock valued at $70,789,000 after purchasing an additional 167,707 shares in the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.
Analyst Ratings Changes
PEP has been the topic of several recent analyst reports. Argus upgraded shares of PepsiCo to a “hold” rating in a report on Tuesday, February 17th. TD Cowen dropped their target price on shares of PepsiCo from $165.00 to $150.00 and set a “hold” rating on the stock in a report on Friday. Deutsche Bank Aktiengesellschaft lifted their target price on shares of PepsiCo from $169.00 to $173.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Wall Street Zen downgraded shares of PepsiCo from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Finally, BNP Paribas Exane lifted their target price on shares of PepsiCo from $191.00 to $195.00 and gave the stock an “outperform” rating in a report on Friday, April 17th. Eight analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $167.35.
PepsiCo Stock Performance
NASDAQ PEP opened at $144.27 on Monday. The stock has a market cap of $197.18 billion, a P/E ratio of 22.65, a PEG ratio of 2.61 and a beta of 0.35. The company’s 50-day simple moving average is $151.11 and its 200 day simple moving average is $152.41. PepsiCo, Inc. has a twelve month low of $127.60 and a twelve month high of $171.48. The company has a quick ratio of 0.72, a current ratio of 0.90 and a debt-to-equity ratio of 1.98.
PepsiCo (NASDAQ:PEP – Get Free Report) last posted its earnings results on Wednesday, April 15th. The company reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $0.06. The business had revenue of $19.44 billion for the quarter, compared to analysts’ expectations of $18.89 billion. PepsiCo had a net margin of 9.15% and a return on equity of 56.61%. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.48 earnings per share. As a group, research analysts forecast that PepsiCo, Inc. will post 8.63 earnings per share for the current fiscal year.
PepsiCo Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, June 5th will be paid a $1.48 dividend. The ex-dividend date of this dividend is Friday, June 5th. This is an increase from PepsiCo’s previous quarterly dividend of $1.42. This represents a $5.92 dividend on an annualized basis and a yield of 4.1%. PepsiCo’s payout ratio is presently 92.94%.
PepsiCo News Summary
Here are the key news stories impacting PepsiCo this week:
- Positive Sentiment: PepsiCo continues to expand its autonomous freight network with Gatik, a move that could improve logistics efficiency and help address staffing challenges in hard-to-serve routes. How PepsiCo’s Driverless Freight Rollout With Gatik (PEP) Has Changed Its Investment Story
- Positive Sentiment: The company also highlighted sustainability-focused farmer financing through Compeer Financial, which supports PepsiCo’s supply chain and long-term agricultural sourcing strategy. Compeer Financial Collaborates with PepsiCo to Provide Strip-Till Equipment Financing
- Neutral Sentiment: PepsiCo was included in a Q1 review of beverage, alcohol, and tobacco stocks, but the article was primarily a peer comparison and did not indicate a major new catalyst. Beverages, Alcohol, and Tobacco Stocks Q1 In Review: PepsiCo (NASDAQ:PEP) Vs Peers
- Neutral Sentiment: Analyst estimate changes were modest, with Erste Group trimming FY2027 EPS slightly to $9.14 from $9.15, suggesting limited impact on the outlook.
- Negative Sentiment: TD Cowen cut its price target on PepsiCo to $150 from $165 and kept a hold rating, signaling more cautious near-term sentiment on the stock. TD Cowen adjusts PepsiCo price target to 150 from 165
- Negative Sentiment: Piper Sandler also lowered its price target on PepsiCo to $178 from $181, reinforcing the view that analysts see only limited upside from here. Piper Sandler adjusts price target on PepsiCo to 178 from 181
PepsiCo Profile
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.
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