PepsiCo, Inc. $PEP Position Raised by HORAN Wealth LLC

HORAN Wealth LLC boosted its position in PepsiCo, Inc. (NASDAQ:PEP) by 94.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,340 shares of the company’s stock after purchasing an additional 6,476 shares during the period. HORAN Wealth LLC’s holdings in PepsiCo were worth $2,005,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Evergreen Advisors LLC acquired a new stake in shares of PepsiCo in the first quarter valued at $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in PepsiCo during the fourth quarter worth about $26,000. Swiss RE Ltd. bought a new stake in PepsiCo in the fourth quarter worth about $28,000. MH & Associates Securities Management Corp ADV bought a new stake in PepsiCo in the fourth quarter worth about $29,000. Finally, Networth Advisors LLC lifted its holdings in PepsiCo by 2,857.1% in the 1st quarter. Networth Advisors LLC now owns 207 shares of the company’s stock valued at $32,000 after acquiring an additional 200 shares during the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.

PepsiCo Price Performance

PEP stock opened at $135.46 on Tuesday. PepsiCo, Inc. has a one year low of $133.95 and a one year high of $171.48. The firm has a 50-day moving average of $143.25 and a two-hundred day moving average of $151.20. The firm has a market capitalization of $184.89 billion, a PE ratio of 17.75, a P/E/G ratio of 3.01 and a beta of 0.36. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91.

PepsiCo (NASDAQ:PEP) last released 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. The business had revenue of $24.18 billion for the quarter, compared to the consensus estimate of $23.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period last year, the firm posted $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, analysts forecast that PepsiCo, Inc. will post 8.58 earnings per share for the current year.

PepsiCo Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be paid a dividend of $1.48 per share. This represents a $5.92 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Friday, September 4th. PepsiCo’s payout ratio is 77.59%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Barclays lowered their price objective on shares of PepsiCo from $144.00 to $138.00 and set an “equal weight” rating on the stock in a research note on Friday, July 10th. Wall Street Zen cut shares of PepsiCo from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Morgan Stanley decreased their price target on shares of PepsiCo from $180.00 to $160.00 and set an “equal weight” rating on the stock in a research report on Friday, July 10th. Sanford C. Bernstein set a $134.00 price target on PepsiCo in a report on Friday, July 10th. Finally, Citigroup lowered PepsiCo from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $170.00 to $145.00 in a research note on Friday, July 10th. Seven investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $157.70.

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.