River Street Advisors LLC Increases Stock Position in PepsiCo, Inc. $PEP

River Street Advisors LLC raised its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 25.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,033 shares of the company’s stock after acquiring an additional 3,669 shares during the period. PepsiCo makes up 0.9% of River Street Advisors LLC’s holdings, making the stock its 29th biggest holding. River Street Advisors LLC’s holdings in PepsiCo were worth $2,800,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in PepsiCo during the 4th quarter worth about $26,000. Swiss RE Ltd. purchased a new stake in PepsiCo during the fourth quarter worth about $28,000. MH & Associates Securities Management Corp ADV acquired a new stake in shares of PepsiCo during the fourth quarter worth about $29,000. Vermillion Wealth Management Inc. boosted its stake in shares of PepsiCo by 99.1% in the first quarter. Vermillion Wealth Management Inc. now owns 217 shares of the company’s stock valued at $34,000 after purchasing an additional 108 shares during the period. Finally, Imprint Wealth LLC acquired a new position in shares of PepsiCo in the third quarter valued at approximately $31,000. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

PepsiCo Stock Up 1.3%

PEP stock opened at $141.39 on Friday. PepsiCo, Inc. has a 12 month low of $128.11 and a 12 month high of $171.48. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.90 and a quick ratio of 0.72. The company has a market cap of $193.25 billion, a price-to-earnings ratio of 22.20, a price-to-earnings-growth ratio of 2.78 and a beta of 0.35. The company has a fifty day moving average price of $148.40 and a 200 day moving average price of $152.01.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Wednesday, April 15th. The company reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.06. PepsiCo had a net margin of 9.15% and a return on equity of 56.61%. The business had revenue of $19.44 billion during the quarter, compared to the consensus estimate of $18.89 billion. During the same quarter in the prior year, the firm earned $1.48 earnings per share. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. Sell-side analysts expect that PepsiCo, Inc. will post 8.62 earnings per share for the current year.

PepsiCo Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, June 5th will be given a $1.48 dividend. The ex-dividend date is Friday, June 5th. This is an increase from PepsiCo’s previous quarterly dividend of $1.42. This represents a $5.92 dividend on an annualized basis and a yield of 4.2%. PepsiCo’s payout ratio is 92.94%.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s brand and growth efforts are getting fresh visibility, including marketing around “modern soda,” dirty-soda products, and broader consumer engagement. These trends could support beverage demand and help the company defend share in a changing soft-drink market.
• Positive Sentiment: Analyst support remains constructive overall: Citigroup kept a Buy rating even after trimming its price target to $170, implying meaningful upside from current levels. That helps reassure investors that the stock still looks attractively valued despite recent weakness.
• Positive Sentiment: PepsiCo continues to stand out as a diversified dividend stock, with coverage highlighting its 54-year streak of dividend growth. For income-oriented investors, that long track record can provide support ahead of earnings. Article Title

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. HSBC increased their target price on shares of PepsiCo from $175.00 to $176.00 and gave the stock a “hold” rating in a report on Friday, April 17th. Jefferies Financial Group set a $162.00 price objective on PepsiCo in a research note on Thursday. Wells Fargo & Company decreased their target price on PepsiCo from $160.00 to $150.00 and set an “equal weight” rating for the company in a report on Friday, June 5th. Wall Street Zen cut shares of PepsiCo from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Finally, Barclays upped their price objective on PepsiCo from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Monday, April 20th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $166.85.

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.