PepsiCo, Inc. $PEP Shares Purchased by Future Financial Wealth Managment LLC

Future Financial Wealth Managment LLC raised its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 14.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 776 shares of the company’s stock after buying an additional 100 shares during the period. Future Financial Wealth Managment LLC’s holdings in PepsiCo were worth $103,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Claris Advisors LLC MO grew its stake in shares of PepsiCo by 14.1% in the 2nd quarter. Claris Advisors LLC MO now owns 2,490 shares of the company’s stock worth $329,000 after purchasing an additional 308 shares during the last quarter. Foster Group Inc. grew its position in PepsiCo by 4.6% in the second quarter. Foster Group Inc. now owns 5,169 shares of the company’s stock worth $683,000 after buying an additional 229 shares during the last quarter. Asset Management One Co. Ltd. grew its position in PepsiCo by 3.6% in the first quarter. Asset Management One Co. Ltd. now owns 630,906 shares of the company’s stock worth $94,598,000 after buying an additional 21,859 shares during the last quarter. Ignite Planners LLC grew its holdings in shares of PepsiCo by 4.2% in the 1st quarter. Ignite Planners LLC now owns 3,773 shares of the company’s stock worth $566,000 after acquiring an additional 151 shares during the last quarter. Finally, Fulton Bank N.A. grew its holdings in shares of PepsiCo by 2.5% in the 2nd quarter. Fulton Bank N.A. now owns 25,309 shares of the company’s stock worth $3,342,000 after acquiring an additional 620 shares during the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Trading Down 0.2%

NASDAQ:PEP opened at $141.98 on Friday. 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 fifty-two week low of $127.60 and a fifty-two week high of $177.50. The stock’s 50-day moving average is $144.36 and its two-hundred day moving average is $139.45. The stock has a market cap of $194.38 billion, a PE ratio of 25.86, a price-to-earnings-growth ratio of 3.59 and a beta of 0.46.

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

PepsiCo Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th were issued a dividend of $1.4225 per share. This represents a $5.69 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Friday, September 5th. PepsiCo’s payout ratio is currently 103.64%.

Wall Street Analyst Weigh In

PEP has been the topic of a number of recent research reports. Cowen restated a “hold” rating on shares of PepsiCo in a report on Thursday, July 17th. Citigroup dropped their price target on PepsiCo from $168.00 to $165.00 and set a “buy” rating on the stock in a research note on Thursday, September 25th. Bank of America dropped their target price on shares of PepsiCo from $150.00 to $145.00 and set a “neutral” rating on the stock in a research report on Friday, July 11th. Morgan Stanley lifted their target price 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. Finally, Barclays reissued a “cautious” rating on shares of PepsiCo in a research report on Friday. Four research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, PepsiCo has a consensus rating of “Hold” and an average price target of $157.87.

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.