MASTERINVEST Kapitalanlage GmbH Invests $10.81 Million in PepsiCo, Inc. $PEP

MASTERINVEST Kapitalanlage GmbH acquired a new position in shares of PepsiCo, Inc. (NASDAQ:PEP) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 79,829 shares of the company’s stock, valued at approximately $10,809,000. PepsiCo comprises 0.9% of MASTERINVEST Kapitalanlage GmbH’s holdings, making the stock its 20th biggest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Cypress Capital Management LLC WY grew its holdings in shares of PepsiCo by 8.3% during the 4th quarter. Cypress Capital Management LLC WY now owns 838 shares of the company’s stock valued at $121,000 after acquiring an additional 64 shares in the last quarter. United Bank boosted its position in PepsiCo by 3.9% during the fourth quarter. United Bank now owns 1,717 shares of the company’s stock valued at $246,000 after purchasing an additional 65 shares during the last quarter. Onyx Bridge Wealth Group LLC grew its stake in PepsiCo by 2.5% in the first quarter. Onyx Bridge Wealth Group LLC now owns 2,673 shares of the company’s stock valued at $415,000 after purchasing an additional 66 shares in the last quarter. Wilkerson Advisory Group LLC raised its stake in shares of PepsiCo by 3.3% during the 1st quarter. Wilkerson Advisory Group LLC now owns 2,040 shares of the company’s stock worth $317,000 after purchasing an additional 66 shares in the last quarter. Finally, Richards Merrill & Peterson Inc. lifted its holdings in shares of PepsiCo by 3.6% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 1,938 shares of the company’s stock valued at $301,000 after buying an additional 67 shares during the last quarter. 73.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

PEP has been the topic of several recent research reports. Wells Fargo & Company cut their price objective on shares of PepsiCo from $150.00 to $140.00 and set an “equal weight” rating on the stock in a research report on Friday, July 10th. JPMorgan Chase & Co. cut their price target on shares of PepsiCo from $178.00 to $170.00 and set an “overweight” rating on the stock in a report on Wednesday, July 1st. UBS Group set a $159.00 price objective on shares of PepsiCo in a report on Thursday, July 9th. Piper Sandler set a $176.00 target price on PepsiCo in a report on Thursday, July 9th. Finally, Barclays boosted their price target on PepsiCo from $138.00 to $142.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. Seven research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $157.90.

Insider Activity

In other news, EVP David Flavell sold 2,900 shares of the company’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $139.54, for a total transaction of $404,666.00. Following the completion of the transaction, the executive vice president owned 74,825 shares of the company’s stock, valued at approximately $10,441,080.50. This represents a 3.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.12% of the company’s stock.

PepsiCo Trading Down 0.5%

PepsiCo stock opened at $140.34 on Tuesday. The business’s 50-day simple moving average is $139.85 and its 200-day simple moving average is $149.20. PepsiCo, Inc. has a 52 week low of $133.73 and a 52 week high of $171.48. The firm has a market capitalization of $191.55 billion, a PE ratio of 18.39, a PEG ratio of 3.10 and a beta of 0.35. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.74 and a current ratio of 0.93.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, topping the consensus estimate of $2.19 by $0.01. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The company had revenue of $24.18 billion for the quarter, compared to the consensus estimate of $23.95 billion. During the same period in the previous year, the business posted $0.92 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Equities research analysts forecast that PepsiCo, Inc. will post 8.57 earnings per share for the current year.

PepsiCo Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be issued a $1.48 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a yield of 4.2%. PepsiCo’s dividend payout ratio is 77.59%.

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.