Value Partners Investments Inc. Sells 5,000 Shares of PepsiCo, Inc. $PEP

Value Partners Investments Inc. cut its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 15.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,047 shares of the company’s stock after selling 5,000 shares during the period. Value Partners Investments Inc.’s holdings in PepsiCo were worth $4,205,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Auto Owners Insurance Co grew its stake in PepsiCo by 14,857.8% during the fourth quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company’s stock valued at $7,068,777,000 after acquiring an additional 48,923,629 shares in the last quarter. Norges Bank purchased a new stake in PepsiCo in the 4th quarter worth $3,018,813,000. AQR Capital Management LLC grew its position in shares of PepsiCo by 120.7% during the third quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock valued at $830,902,000 after purchasing an additional 3,235,726 shares in the last quarter. Amundi increased its holdings in shares of PepsiCo by 30.0% in the third quarter. Amundi now owns 8,641,588 shares of the company’s stock worth $1,207,230,000 after purchasing an additional 1,995,362 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of PepsiCo by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company’s stock worth $19,875,205,000 after buying an additional 1,612,652 shares in the last quarter. Institutional investors own 73.07% of the company’s stock.

PepsiCo Stock Performance

NASDAQ:PEP opened at $141.39 on Friday. The firm has a market capitalization of $193.25 billion, a PE ratio of 22.20, a PEG ratio of 2.78 and a beta of 0.35. The stock’s fifty day moving average is $148.40 and its 200 day moving average is $152.01. PepsiCo, Inc. has a fifty-two week low of $128.11 and a fifty-two week high of $171.48. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.72 and a current ratio of 0.90.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings data 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. PepsiCo had a net margin of 9.15% and a return on equity of 56.61%. The business had revenue of $19.44 billion for the quarter, compared to analysts’ expectations of $18.89 billion. During the same quarter in the previous year, the business posted $1.48 earnings per share. The business’s revenue was up 8.5% compared to the same quarter last year. On average, sell-side analysts anticipate that PepsiCo, Inc. will post 8.62 earnings per share for the current year.

PepsiCo Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, June 5th will be given a $1.48 dividend. This is an increase from PepsiCo’s previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, June 5th. This represents a $5.92 dividend on an annualized basis and a yield of 4.2%. PepsiCo’s dividend payout ratio is currently 92.94%.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s brand and growth efforts are getting fresh visibility, including marketing around “modern soda,” dirty-soda products, and broader consumer engagement. These trends could support beverage demand and help the company defend share in a changing soft-drink market.
• Positive Sentiment: Analyst support remains constructive overall: Citigroup kept a Buy rating even after trimming its price target to $170, implying meaningful upside from current levels. That helps reassure investors that the stock still looks attractively valued despite recent weakness.
• Positive Sentiment: PepsiCo continues to stand out as a diversified dividend stock, with coverage highlighting its 54-year streak of dividend growth. For income-oriented investors, that long track record can provide support ahead of earnings. Article Title

Wall Street Analysts Forecast Growth

PEP has been the topic of a number of research reports. UBS Group reduced their price objective on PepsiCo from $190.00 to $186.00 and set a “buy” rating on the stock in a research note on Tuesday, April 7th. Piper Sandler reduced their price target on shares of PepsiCo from $181.00 to $178.00 and set an “overweight” rating on the stock in a research report on Friday, June 12th. JPMorgan Chase & Co. increased their price objective on shares of PepsiCo from $172.00 to $178.00 and gave the company an “overweight” rating in a research report on Friday, April 17th. Jefferies Financial Group set a $162.00 price objective on shares of PepsiCo in a research note on Thursday. Finally, BNP Paribas Exane upped their target price on shares of PepsiCo from $191.00 to $195.00 and gave the company an “outperform” rating in a research report on Friday, April 17th. Eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $166.85.

About PepsiCo

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.