QTR Family Wealth LLC Makes New $225,000 Investment in PepsiCo, Inc. $PEP

QTR Family Wealth LLC purchased a new stake in PepsiCo, Inc. (NASDAQ:PEP) during the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,705 shares of the company’s stock, valued at approximately $225,000.

A number of other institutional investors and hedge funds have also made changes to their positions in PEP. Nova Wealth Management Inc. acquired a new stake in PepsiCo during the first quarter worth about $25,000. Elite Financial Inc. purchased a new stake in shares of PepsiCo during the 1st quarter worth about $28,000. Legend Financial Advisors Inc. acquired a new stake in PepsiCo during the 2nd quarter worth approximately $29,000. Investment Research & Advisory Group Inc. raised its holdings in PepsiCo by 263.6% in the second quarter. Investment Research & Advisory Group Inc. now owns 320 shares of the company’s stock valued at $42,000 after buying an additional 232 shares during the period. Finally, MorganRosel Wealth Management LLC acquired a new position in PepsiCo during the first quarter valued at approximately $55,000. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PEP has been the subject of several recent research reports. Cowen reissued a “hold” rating on shares of PepsiCo in a research report on Thursday, July 17th. UBS Group lowered their price target on PepsiCo from $175.00 to $170.00 and set a “buy” rating for the company in a report on Thursday, September 11th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of PepsiCo in a research report on Thursday, July 17th. JPMorgan Chase & Co. lowered their target price on PepsiCo from $150.00 to $139.00 and set a “neutral” rating for the company in a research note on Thursday, July 10th. Finally, Royal Bank Of Canada dropped their target price on PepsiCo from $146.00 to $145.00 and set a “sector perform” rating on the stock in a report on Monday, September 15th. Four research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, PepsiCo presently has an average rating of “Hold” and a consensus price target of $158.13.

PepsiCo Trading Up 0.2%

NASDAQ PEP opened at $140.44 on Wednesday. The company 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 12 month low of $127.60 and a 12 month high of $177.50. The company’s fifty day moving average price is $144.49 and its two-hundred day moving average price is $139.54.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings results on Thursday, July 17th. The company reported $2.12 EPS for the quarter, topping analysts’ consensus estimates of $2.03 by $0.09. The business had revenue of $22.73 billion during the quarter, compared to the consensus estimate of $22.28 billion. PepsiCo had a return on equity of 57.81% and a net margin of 8.23%.The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period last year, the firm earned $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 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th were issued 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 payout ratio is currently 103.64%.

PepsiCo Company 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.