Sandro Wealth Management LLC Purchases Shares of 3,683 PepsiCo, Inc. $PEP

Sandro Wealth Management LLC purchased a new stake in PepsiCo, Inc. (NASDAQ:PEPFree Report) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 3,683 shares of the company’s stock, valued at approximately $529,000.

Several other large investors have also recently added to or reduced their stakes in the company. JCIC Asset Management Inc. acquired a new position in shares of PepsiCo in the 3rd quarter worth approximately $27,000. MH & Associates Securities Management Corp ADV acquired a new position in shares of PepsiCo in the 4th quarter worth approximately $29,000. Imprint Wealth LLC acquired a new position in shares of PepsiCo in the 3rd quarter worth approximately $31,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of PepsiCo in the 4th quarter worth approximately $33,000. Finally, Strategic Advocates LLC acquired a new position in shares of PepsiCo in the 3rd quarter worth approximately $33,000. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Stock Down 0.7%

NASDAQ:PEP opened at $157.39 on Friday. The stock’s fifty day simple moving average is $157.96 and its 200-day simple moving average is $152.40. The company has a quick ratio of 0.72, a current ratio of 0.90 and a debt-to-equity ratio of 1.98. The firm has a market capitalization of $215.11 billion, a P/E ratio of 24.71, a P/E/G ratio of 2.90 and a beta of 0.38. PepsiCo, Inc. has a 12-month low of $127.60 and a 12-month high of $171.48.

PepsiCo (NASDAQ:PEPGet Free Report) last posted its earnings results on Thursday, April 16th. The company reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.06. The firm had revenue of $19.44 billion for the quarter, compared to analyst estimates of $18.89 billion. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The company’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.48 earnings per share. PepsiCo has set its FY 2026 guidance at 8.465-8.628 EPS. Equities research analysts expect that PepsiCo, Inc. will post 8.63 earnings per share for the current year.

PepsiCo declared that its board has approved a share repurchase program on Tuesday, February 3rd that allows the company to buyback $10.00 billion in shares. This buyback authorization allows the company to reacquire up to 4.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its stock is undervalued.

PepsiCo Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 6th were given a $1.4225 dividend. The ex-dividend date of this dividend was Friday, March 6th. This represents a $5.69 dividend on an annualized basis and a dividend yield of 3.6%. PepsiCo’s payout ratio is currently 89.32%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PEP. Wall Street Zen cut PepsiCo from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Royal Bank Of Canada dropped their target price on PepsiCo from $165.00 to $163.00 and set a “sector perform” rating for the company in a report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft raised their price target on PepsiCo from $169.00 to $173.00 and gave the company a “buy” rating in a report on Friday, April 17th. BNP Paribas Exane increased their price objective on PepsiCo from $191.00 to $195.00 and gave the company an “outperform” rating in a research report on Friday, April 17th. Finally, Rothschild & Co Redburn lifted their price objective on PepsiCo from $120.00 to $130.00 and gave the stock a “sell” rating in a research report on Tuesday, February 10th. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, PepsiCo currently has a consensus rating of “Hold” and an average price target of $170.26.

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PepsiCo Profile

(Free Report)

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.

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Institutional Ownership by Quarter for PepsiCo (NASDAQ:PEP)

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