Impact Capital Partners LLC Has $1.07 Million Stock Position in PepsiCo, Inc. $PEP

Impact Capital Partners LLC boosted its position in PepsiCo, Inc. (NASDAQ:PEP) by 1.1% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 8,105 shares of the company’s stock after purchasing an additional 92 shares during the period. Impact Capital Partners LLC’s holdings in PepsiCo were worth $1,070,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Nova Wealth Management Inc. acquired a new stake in PepsiCo in the 1st quarter valued at about $25,000. Elite Financial Inc. acquired a new stake in PepsiCo during the first quarter worth approximately $28,000. Legend Financial Advisors Inc. acquired a new stake in PepsiCo during the second quarter worth approximately $29,000. Investment Research & Advisory Group Inc. lifted its position in PepsiCo by 263.6% during the second quarter. Investment Research & Advisory Group Inc. now owns 320 shares of the company’s stock worth $42,000 after acquiring an additional 232 shares during the last quarter. Finally, MorganRosel Wealth Management LLC acquired a new stake in PepsiCo during the first quarter worth approximately $55,000. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on PEP shares. Morgan Stanley raised their price objective on shares of PepsiCo from $153.00 to $165.00 and gave the stock an “equal weight” rating in a research report on Friday, July 18th. Cowen restated a “hold” rating on shares of PepsiCo in a research report on Thursday, July 17th. Royal Bank Of Canada cut their price objective on shares of PepsiCo from $146.00 to $145.00 and set a “sector perform” rating for the company in a research report on Monday, September 15th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of PepsiCo in a research report on Thursday, July 17th. Finally, Barclays raised their price objective on shares of PepsiCo from $132.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Monday, July 21st. Four analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $158.13.

PepsiCo Stock Performance

Shares of NASDAQ:PEP opened at $140.44 on Wednesday. The company’s 50 day simple moving average is $144.49 and its 200 day simple moving average is $139.54. The stock has a market capitalization of $192.27 billion, a price-to-earnings ratio of 25.58, a price-to-earnings-growth ratio of 3.54 and a beta of 0.46. The company has a debt-to-equity ratio of 2.12, a current ratio of 0.78 and a quick ratio of 0.60. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $177.50.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings data on Thursday, July 17th. The company reported $2.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.03 by $0.09. The business had revenue of $22.73 billion for the quarter, compared to analysts’ expectations of $22.28 billion. PepsiCo had a net margin of 8.23% and a return on equity of 57.81%. The firm’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period last year, the firm posted $2.28 earnings per share. PepsiCo has set its FY 2025 guidance at 8.038-8.038 EPS. As a group, research analysts predict that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 5th were paid a $1.4225 dividend. This represents a $5.69 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Friday, September 5th. PepsiCo’s dividend payout ratio (DPR) is 103.64%.

PepsiCo Profile

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.