Poehling Capital Management INC. Has $11.82 Million Stake in PepsiCo, Inc. $PEP

Poehling Capital Management INC. boosted its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 8.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 76,129 shares of the company’s stock after acquiring an additional 5,780 shares during the quarter. PepsiCo accounts for approximately 2.5% of Poehling Capital Management INC.’s portfolio, making the stock its 8th largest position. Poehling Capital Management INC.’s holdings in PepsiCo were worth $11,822,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of PEP. Corecam AG acquired a new stake in shares of PepsiCo in the first quarter valued at approximately $288,000. Stokes Capital Advisors LLC raised its stake in PepsiCo by 6.1% in the 1st quarter. Stokes Capital Advisors LLC now owns 51,701 shares of the company’s stock valued at $8,029,000 after acquiring an additional 2,988 shares during the period. Parker Financial LLC acquired a new stake in PepsiCo during the 1st quarter valued at $477,000. GHP Investment Advisors Inc. boosted its position in PepsiCo by 0.3% during the first quarter. GHP Investment Advisors Inc. now owns 56,244 shares of the company’s stock worth $8,734,000 after purchasing an additional 176 shares during the period. Finally, Louisiana State Employees Retirement System bought a new position in PepsiCo during the first quarter worth $24,753,000. Institutional investors own 73.07% of the company’s stock.

Key PepsiCo News

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

Wall Street Analysts Forecast Growth

PEP has been the topic of several research analyst reports. Sanford C. Bernstein initiated coverage on shares of PepsiCo in a research report on Thursday, June 11th. They issued a “market perform” rating and a $143.00 price objective on the stock. Wall Street Zen lowered shares of PepsiCo from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th. Citigroup cut their price objective on shares of PepsiCo from $182.00 to $170.00 and set a “buy” rating for the company in a research report on Thursday. Royal Bank Of Canada decreased their target price on PepsiCo from $165.00 to $163.00 and set a “sector perform” rating on the stock in a research report on Thursday, April 9th. Finally, Evercore increased their target price on PepsiCo from $165.00 to $170.00 in a research note on Friday, April 17th. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $166.85.

PepsiCo Stock Up 1.3%

Shares of NASDAQ PEP opened at $141.39 on Friday. The stock has a market capitalization of $193.25 billion, a P/E ratio of 22.20, a PEG ratio of 2.78 and a beta of 0.35. The stock’s fifty day moving average is $148.40 and its 200 day moving average is $152.01. PepsiCo, Inc. has a 52 week low of $128.11 and a 52 week high of $171.48. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.72 and a current ratio of 0.90.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings data 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. The business had revenue of $19.44 billion during the quarter, compared to analysts’ expectations of $18.89 billion. PepsiCo had a net margin of 9.15% and a return on equity of 56.61%. PepsiCo’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.48 earnings per share. Sell-side analysts forecast that PepsiCo, Inc. will post 8.62 earnings per share for the current fiscal 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 paid a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a yield of 4.2%. This is a positive change from PepsiCo’s previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, June 5th. PepsiCo’s payout ratio is 92.94%.

PepsiCo Company 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.