Realta Investment Advisors Raises Stock Holdings in PepsiCo, Inc. $PEP

Realta Investment Advisors lifted its stake in PepsiCo, Inc. (NASDAQ:PEP) by 6.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,230 shares of the company’s stock after buying an additional 141 shares during the quarter. Realta Investment Advisors’ holdings in PepsiCo were worth $294,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in PEP. Wealthcare Advisory Partners LLC boosted its position in shares of PepsiCo by 14.1% in the second quarter. Wealthcare Advisory Partners LLC now owns 16,590 shares of the company’s stock worth $2,191,000 after purchasing an additional 2,046 shares during the period. Talbot Financial LLC boosted its holdings in PepsiCo by 33.2% in the 2nd quarter. Talbot Financial LLC now owns 74,760 shares of the company’s stock worth $9,871,000 after buying an additional 18,627 shares during the period. Clarius Group LLC increased its stake in PepsiCo by 18.8% in the 2nd quarter. Clarius Group LLC now owns 14,139 shares of the company’s stock worth $1,867,000 after buying an additional 2,234 shares in the last quarter. Accel Wealth Management lifted its position in shares of PepsiCo by 4.4% in the second quarter. Accel Wealth Management now owns 14,248 shares of the company’s stock valued at $1,881,000 after acquiring an additional 597 shares in the last quarter. Finally, Elevate Capital Advisors LLC bought a new position in shares of PepsiCo in the second quarter worth about $213,000. 73.07% of the stock is currently owned by institutional investors.

PepsiCo Trading Down 0.2%

PEP opened at $141.98 on Monday. The stock has a 50-day moving average of $144.36 and a 200 day moving average of $139.34. The company has a current ratio of 0.78, a quick ratio of 0.60 and a debt-to-equity ratio of 2.12. PepsiCo, Inc. has a 12 month low of $127.60 and a 12 month high of $177.50. The firm has a market cap of $194.38 billion, a P/E ratio of 25.86, a P/E/G ratio of 3.58 and a beta of 0.46.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings data on Thursday, July 17th. The company reported $2.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.03 by $0.09. The business had revenue of $22.73 billion for the quarter, compared to the consensus estimate of $22.28 billion. PepsiCo had a return on equity of 57.81% and a net margin of 8.23%.The company’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the business posted $2.28 earnings per share. PepsiCo has set its FY 2025 guidance at 8.038-8.038 EPS. As a group, research analysts forecast that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders 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 dividend on an annualized basis and a yield of 4.0%. PepsiCo’s payout ratio is 103.64%.

Analysts Set New Price Targets

A number of research firms recently commented on PEP. UBS Group lowered their price target on PepsiCo from $175.00 to $170.00 and set a “buy” rating on the stock in a report on Thursday, September 11th. Wells Fargo & Company lowered their target price on shares of PepsiCo from $154.00 to $150.00 and set an “equal weight” rating on the stock in a report on Thursday, September 25th. Citigroup cut their target price on shares of PepsiCo from $168.00 to $165.00 and set a “buy” rating for the company in a research note on Thursday, September 25th. Cowen reiterated a “hold” rating on shares of PepsiCo in a report on Thursday, July 17th. Finally, Bank of America dropped their price objective on shares of PepsiCo from $150.00 to $145.00 and set a “neutral” rating for the company in a report on Friday, July 11th. Four equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $157.87.

PepsiCo Profile

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.