PepsiCo (NASDAQ:PEP) Stock Acquired Rep. Jared Moskowitz

Representative Jared Moskowitz (D-Florida) recently bought shares of PepsiCo, Inc. (NASDAQ:PEP). In a filing disclosed on May 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in PepsiCo stock on April 7th. The trade occurred in the Representative’s “MORGAN STANLEY ACTIVE ASSETS (1)” account.

Representative Jared Moskowitz also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 4/16/2025.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 4/16/2025.
• Sold $1,001 – $15,000 in shares of Starbucks (NASDAQ:SBUX) on 4/10/2025.
• Sold $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/10/2025.
• Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/10/2025.
• Purchased $1,001 – $15,000 in shares of Southern (NYSE:SO) on 4/7/2025.
• Purchased $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 4/7/2025.
• Purchased $1,001 – $15,000 in shares of Sherwin-Williams (NYSE:SHW) on 4/7/2025.
• Purchased $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 4/7/2025.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 4/7/2025.

PepsiCo Stock Performance

Shares of NASDAQ:PEP traded down $0.50 during trading on Tuesday, hitting $131.18. The stock had a trading volume of 2,668,747 shares, compared to its average volume of 6,284,009. The stock has a 50-day simple moving average of $143.28 and a two-hundred day simple moving average of $150.46. The stock has a market capitalization of $179.86 billion, a price-to-earnings ratio of 18.88, a price-to-earnings-growth ratio of 3.09 and a beta of 0.47. PepsiCo, Inc. has a 12-month low of $129.80 and a 12-month high of $183.41. The company has a quick ratio of 0.65, a current ratio of 0.82 and a debt-to-equity ratio of 2.05.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings data on Thursday, April 24th. The company reported $1.48 EPS for the quarter, missing the consensus estimate of $1.49 by ($0.01). PepsiCo had a net margin of 10.43% and a return on equity of 58.87%. The business had revenue of $17.92 billion during the quarter, compared to analysts’ expectations of $17.81 billion. During the same period last year, the company earned $1.61 earnings per share. The firm’s revenue was down 1.8% on a year-over-year basis. On average, equities research analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year.

PepsiCo Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 6th will be issued a $1.4225 dividend. The ex-dividend date is Friday, June 6th. This is a positive change from PepsiCo’s previous quarterly dividend of $1.36. This represents a $5.69 dividend on an annualized basis and a dividend yield of 4.34%. PepsiCo’s dividend payout ratio is currently 83.68%.

Institutional Investors Weigh In On PepsiCo

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vestmark Advisory Solutions Inc. increased its holdings in shares of PepsiCo by 76.9% during the 1st quarter. Vestmark Advisory Solutions Inc. now owns 24,244 shares of the company’s stock worth $3,635,000 after buying an additional 10,539 shares during the last quarter. Ted Buchan & Co acquired a new position in PepsiCo in the first quarter valued at about $309,000. American Money Management LLC raised its stake in shares of PepsiCo by 0.9% in the 1st quarter. American Money Management LLC now owns 27,105 shares of the company’s stock valued at $4,064,000 after acquiring an additional 232 shares during the period. E Fund Management Co. Ltd. boosted its position in shares of PepsiCo by 69.3% during the 1st quarter. E Fund Management Co. Ltd. now owns 52,812 shares of the company’s stock worth $7,919,000 after purchasing an additional 21,612 shares during the period. Finally, Financial Network Wealth Advisors LLC raised its position in PepsiCo by 144.3% in the first quarter. Financial Network Wealth Advisors LLC now owns 689 shares of the company’s stock valued at $103,000 after purchasing an additional 407 shares during the period. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on PEP shares. CICC Research reissued a “market perform” rating on shares of PepsiCo in a report on Friday, February 7th. Evercore ISI set a $140.00 price target on PepsiCo in a report on Thursday, April 24th. Wells Fargo & Company decreased their target price on PepsiCo from $155.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 5th. HSBC dropped their target price on shares of PepsiCo from $186.00 to $170.00 and set a “hold” rating on the stock in a research report on Tuesday, February 4th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $163.00 price objective on shares of PepsiCo in a research note on Tuesday, April 22nd. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $160.69.

About Representative Moskowitz

Jared Evan Moskowitz (Democratic Party) is a member of the U.S. House, representing Florida’s 23rd Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Moskowitz (Democratic Party) is running for re-election to the U.S. House to represent Florida’s 23rd Congressional District. He declared candidacy for the 2026 election.

Jared Evan Moskowitz was born in Coral Springs, Florida. Moskowitz graduated from Marjory Stoneman Douglas High School. He earned a bachelor’s degree in political science and government from George Washington University in 2003 and a law degree from Nova Southeastern University in 2007. Moskowitz’s career experience includes working as the director of the Florida Division of Emergency Management and general counsel with AshBritt Inc.

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.