Guardian Wealth Advisors LLC Purchases 74 Shares of PepsiCo, Inc. $PEP

Guardian Wealth Advisors LLC lifted its position in PepsiCo, Inc. (NASDAQ:PEP) by 1.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,562 shares of the company’s stock after acquiring an additional 74 shares during the quarter. Guardian Wealth Advisors LLC’s holdings in PepsiCo were worth $602,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Claris Advisors LLC MO boosted its position in shares of PepsiCo by 14.1% during the second quarter. Claris Advisors LLC MO now owns 2,490 shares of the company’s stock valued at $329,000 after buying an additional 308 shares during the period. Foster Group Inc. lifted its stake in shares of PepsiCo by 4.6% during the 2nd quarter. Foster Group Inc. now owns 5,169 shares of the company’s stock worth $683,000 after acquiring an additional 229 shares during the last quarter. Ignite Planners LLC grew its position in PepsiCo by 4.2% in the 1st quarter. Ignite Planners LLC now owns 3,773 shares of the company’s stock valued at $566,000 after acquiring an additional 151 shares during the last quarter. Merit Financial Group LLC increased its stake in PepsiCo by 46.4% in the second quarter. Merit Financial Group LLC now owns 114,344 shares of the company’s stock worth $15,098,000 after purchasing an additional 36,239 shares during the period. Finally, Fulton Bank N.A. lifted its position in shares of PepsiCo by 2.5% during the second quarter. Fulton Bank N.A. now owns 25,309 shares of the company’s stock worth $3,342,000 after purchasing an additional 620 shares during the last quarter. 73.07% of the stock is owned by hedge funds and other institutional investors.

PepsiCo Stock Performance

Shares of PEP stock opened at $151.55 on Friday. The firm has a market cap of $207.22 billion, a price-to-earnings ratio of 28.81, a PEG ratio of 3.69 and a beta of 0.46. PepsiCo, Inc. has a 52-week low of $127.60 and a 52-week high of $174.00. The company has a quick ratio of 0.72, a current ratio of 0.91 and a debt-to-equity ratio of 2.26. The company’s 50 day moving average is $145.97 and its 200 day moving average is $139.62.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Thursday, October 9th. The company reported $2.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.26 by $0.03. PepsiCo had a return on equity of 57.58% and a net margin of 7.82%.The business had revenue of $23.94 billion for the quarter, compared to analysts’ expectations of $23.91 billion. During the same quarter last year, the firm earned $2.31 EPS. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. PepsiCo has set its FY 2025 guidance at 8.120-8.120 EPS. On average, sell-side analysts anticipate that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. The Goldman Sachs Group upped their price target on shares of PepsiCo from $165.00 to $167.00 and gave the stock a “buy” rating in a report on Friday, October 10th. DZ Bank upgraded shares of PepsiCo from a “hold” rating to a “buy” rating and set a $167.00 target price on the stock in a research note on Tuesday, October 21st. Rothschild & Co Redburn lifted their price target on shares of PepsiCo from $115.00 to $117.00 and gave the company a “sell” rating in a research note on Monday, October 13th. BNP Paribas Exane dropped their price objective on PepsiCo from $152.00 to $150.00 and set a “neutral” rating on the stock in a research note on Monday, October 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of PepsiCo in a research report on Thursday, July 17th. Seven investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $156.95.

About PepsiCo

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.