GW Henssler & Associates Ltd. Buys 1,197 Shares of PepsiCo, Inc. $PEP

GW Henssler & Associates Ltd. increased its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 1.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 119,649 shares of the company’s stock after buying an additional 1,197 shares during the quarter. GW Henssler & Associates Ltd.’s holdings in PepsiCo were worth $15,798,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of PEP. Brighton Jones LLC grew its holdings in PepsiCo by 12.4% during the fourth quarter. Brighton Jones LLC now owns 59,392 shares of the company’s stock worth $9,031,000 after buying an additional 6,574 shares in the last quarter. GAMMA Investing LLC grew its stake in PepsiCo by 28.1% in the 1st quarter. GAMMA Investing LLC now owns 30,603 shares of the company’s stock valued at $4,589,000 after purchasing an additional 6,712 shares during the period. Stanley Laman Group Ltd. grew its stake in PepsiCo by 44.2% in the 1st quarter. Stanley Laman Group Ltd. now owns 3,529 shares of the company’s stock valued at $529,000 after purchasing an additional 1,081 shares during the period. Tudor Financial Inc. grew its stake in PepsiCo by 10.6% in the 1st quarter. Tudor Financial Inc. now owns 6,834 shares of the company’s stock valued at $1,025,000 after purchasing an additional 655 shares during the period. Finally, Elevation Point Wealth Partners LLC grew its stake in PepsiCo by 27.4% in the 1st quarter. Elevation Point Wealth Partners LLC now owns 20,406 shares of the company’s stock valued at $3,060,000 after purchasing an additional 4,392 shares during the period. Institutional investors own 73.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on PEP shares. UBS Group reduced their price objective on PepsiCo from $175.00 to $170.00 and set a “buy” rating for the company in a research note on Thursday, September 11th. Wells Fargo & Company upped their price objective on PepsiCo from $150.00 to $154.00 and gave the company a “positive” rating in a research note on Friday. Cowen restated a “hold” rating on shares of PepsiCo in a research note on Thursday, July 17th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of PepsiCo in a research note on Thursday, July 17th. Finally, Jefferies Financial Group increased their price target on PepsiCo from $161.00 to $163.00 and gave the stock a “hold” rating in a research note on Friday. Five analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $158.88.

PepsiCo Stock Up 3.7%

PEP stock opened at $150.08 on Friday. The company has a debt-to-equity ratio of 2.12, a quick ratio of 0.60 and a current ratio of 0.78. The company has a market capitalization of $205.47 billion, a price-to-earnings ratio of 28.53, a PEG ratio of 3.76 and a beta of 0.46. PepsiCo, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $177.50. The stock has a fifty day moving average of $144.53 and a 200-day moving average of $139.26.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings data on Thursday, October 9th. The company reported $2.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.26 by $0.03. PepsiCo had a return on equity of 58.46% and a net margin of 7.82%.The business had revenue of $23.94 billion for the quarter, compared to analysts’ expectations of $23.91 billion. During the same quarter in the prior year, the firm posted $2.31 EPS. The firm’s quarterly revenue was up 2.7% on a year-over-year basis. PepsiCo has set its FY 2025 guidance at 8.120-8.120 EPS. As a group, equities research analysts predict that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th were given a dividend of $1.4225 per share. The ex-dividend date was Friday, September 5th. This represents a $5.69 annualized dividend and a dividend yield of 3.8%. PepsiCo’s dividend payout ratio is currently 103.64%.

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.