QV Investors Inc. Increases Stock Holdings in PepsiCo, Inc. $PEP

QV Investors Inc. lifted its position in PepsiCo, Inc. (NASDAQ:PEP) by 0.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 117,255 shares of the company’s stock after buying an additional 470 shares during the quarter. PepsiCo makes up approximately 1.5% of QV Investors Inc.’s portfolio, making the stock its 24th biggest holding. QV Investors Inc.’s holdings in PepsiCo were worth $15,482,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. JSF Financial LLC lifted its holdings in shares of PepsiCo by 3.8% in the second quarter. JSF Financial LLC now owns 1,897 shares of the company’s stock worth $250,000 after buying an additional 69 shares in the last quarter. Dogwood Wealth Management LLC lifted its holdings in shares of PepsiCo by 15.4% in the second quarter. Dogwood Wealth Management LLC now owns 539 shares of the company’s stock worth $73,000 after buying an additional 72 shares in the last quarter. Joel Isaacson & Co. LLC lifted its holdings in shares of PepsiCo by 0.5% in the second quarter. Joel Isaacson & Co. LLC now owns 16,507 shares of the company’s stock worth $2,180,000 after buying an additional 74 shares in the last quarter. Bull Street Advisors LLC lifted its holdings in shares of PepsiCo by 0.4% in the second quarter. Bull Street Advisors LLC now owns 19,902 shares of the company’s stock worth $2,628,000 after buying an additional 74 shares in the last quarter. Finally, Guardian Wealth Advisors LLC raised its stake in PepsiCo by 1.6% in the second quarter. Guardian Wealth Advisors LLC now owns 4,562 shares of the company’s stock valued at $602,000 after purchasing an additional 74 shares in the last quarter. 73.07% of the stock is owned by hedge funds and other institutional investors.

PepsiCo Stock Up 0.0%

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

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Loop Capital set a $164.00 target price on shares of PepsiCo in a research note on Thursday. Evercore ISI lifted their price target on shares of PepsiCo from $150.00 to $152.00 in a research note on Friday, October 10th. Cowen reissued a “hold” rating on shares of PepsiCo in a research note on Thursday, July 17th. Barclays lifted their price target on shares of PepsiCo from $140.00 to $142.00 and gave the stock an “equal weight” rating in a research note on Friday, October 10th. Finally, Jefferies Financial Group lifted their price target on shares of PepsiCo from $161.00 to $163.00 and gave the stock a “hold” rating in a research note on Friday, October 10th. Seven investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $156.95.

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.