PepsiCo, Inc. $PEP Holdings Boosted by Morgan Dempsey Capital Management LLC

Morgan Dempsey Capital Management LLC grew its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 43.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,911 shares of the company’s stock after purchasing an additional 12,097 shares during the period. PepsiCo makes up 2.3% of Morgan Dempsey Capital Management LLC’s portfolio, making the stock its 22nd biggest position. Morgan Dempsey Capital Management LLC’s holdings in PepsiCo were worth $5,404,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of PEP. Evergreen Advisors LLC purchased a new stake in shares of PepsiCo in the first quarter worth approximately $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in PepsiCo during the fourth quarter valued at approximately $26,000. Swiss RE Ltd. acquired a new position in PepsiCo in the 4th quarter valued at approximately $28,000. Atlatl Advisers LLC acquired a new position in PepsiCo in the 2nd quarter valued at approximately $31,000. Finally, Imprint Wealth LLC purchased a new stake in PepsiCo in the 3rd quarter worth approximately $31,000. Institutional investors and hedge funds own 73.07% of the company’s stock.

Insider Buying and Selling

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the business’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $139.54, for a total transaction of $404,666.00. Following the completion of the transaction, the executive vice president owned 74,825 shares of the company’s stock, valued at $10,441,080.50. The trade was a 3.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.12% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. TD Cowen dropped their price target on shares of PepsiCo from $150.00 to $145.00 and set a “hold” rating on the stock in a research note on Friday, July 10th. Piper Sandler set a $176.00 price objective on PepsiCo in a research report on Thursday, July 9th. UBS Group set a $159.00 target price on PepsiCo in a research report on Thursday, July 9th. JPMorgan Chase & Co. cut their price target on PepsiCo from $178.00 to $170.00 and set an “overweight” rating for the company in a research note on Wednesday, July 1st. Finally, Royal Bank Of Canada lowered their price target on PepsiCo from $163.00 to $161.00 and set a “sector perform” rating for the company in a research note on Friday, July 10th. Seven equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $157.90.

PepsiCo Price Performance

NASDAQ PEP opened at $142.08 on Friday. PepsiCo, Inc. has a fifty-two week low of $133.73 and a fifty-two week high of $171.48. The stock’s 50-day moving average is $140.03 and its two-hundred day moving average is $150.34. The firm has a market cap of $193.92 billion, a P/E ratio of 18.62, a price-to-earnings-growth ratio of 3.13 and a beta of 0.35. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.93 and a quick ratio of 0.74.

PepsiCo (NASDAQ:PEP) last posted its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.01. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The firm had revenue of $24.18 billion during the quarter, compared to analyst estimates of $23.95 billion. During the same period in the previous year, the company earned $0.92 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, analysts anticipate that PepsiCo, Inc. will post 8.57 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be paid a $1.48 dividend. The ex-dividend date is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a yield of 4.2%. PepsiCo’s dividend payout ratio (DPR) is presently 77.59%.

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.