Ausdal Financial Partners Inc. Acquires Shares of 15,016 PepsiCo, Inc. $PEP

Key Points

• Ausdal Financial Partners initiated a PepsiCo position by purchasing 15,016 shares valued at approximately $2.03 million. Institutional investors collectively own 73.07% of PepsiCo.
• PepsiCo reported quarterly revenue of $24.18 billion and adjusted earnings of $2.20 per share, slightly exceeding analyst estimates, while revenue grew 6.4% year over year.
• The company declared a quarterly dividend of $1.48 per share, equivalent to an annualized $5.92 and a 4.2% yield. Analysts maintain a consensus “Hold” rating with an average price target of $157.90.

Ausdal Financial Partners Inc. bought a new position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 15,016 shares of the company's stock, valued at approximately $2,033,000.

Other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE acquired a new position in shares of PepsiCo during the 2nd quarter worth approximately $2,755,509,000. Bcwm LLC bought a new stake in shares of PepsiCo in the second quarter valued at approximately $6,159,000. Birmingham Capital Management Co. Inc. AL acquired a new stake in PepsiCo during the second quarter worth approximately $271,000. Magnolia Capital Advisors LLC bought a new position in PepsiCo during the 2nd quarter worth $901,000. Finally, Caisse de depot et placement du Quebec acquired a new position in PepsiCo in the 2nd quarter valued at $114,193,000. Institutional investors own 73.07% of the company's stock.

Insider Activity at PepsiCo

In other news, EVP David Flavell sold 2,900 shares of PepsiCo stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $139.54, for a total transaction of $404,666.00. Following the sale, the executive vice president directly owned 74,825 shares of the company's stock, valued at approximately $10,441,080.50. This trade represents a 3.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.12% of the company's stock.

PepsiCo Trading Down 0.5%

PEP opened at $140.34 on Tuesday. The company's 50 day moving average is $139.85 and its 200-day moving average is $149.20. PepsiCo, Inc. has a 1-year low of $133.73 and a 1-year high of $171.48. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91. The company has a market cap of $191.55 billion, a P/E ratio of 18.39, a PEG ratio of 3.10 and a beta of 0.35.

PepsiCo (NASDAQ:PEP - Get Free Report) last announced its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.19 by $0.01. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The company had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. During the same period in the previous year, the firm posted $0.92 EPS. The firm's revenue was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Equities research analysts predict that PepsiCo, Inc. will post 8.57 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be issued a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Friday, September 4th. PepsiCo's dividend payout ratio is presently 77.59%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Jefferies Financial Group reduced their target price on PepsiCo from $162.00 to $152.00 and set a "hold" rating on the stock in a report on Friday, July 10th. JPMorgan Chase & Co. dropped their price target on PepsiCo from $178.00 to $170.00 and set an "overweight" rating for the company in a research note on Wednesday, July 1st. Morgan Stanley dropped their target price on shares of PepsiCo from $180.00 to $160.00 and set an "equal weight" rating for the company in a research report on Friday, July 10th. Evercore set a $150.00 price target on shares of PepsiCo in a research report on Thursday, July 9th. Finally, Royal Bank Of Canada decreased their price objective on shares of PepsiCo from $163.00 to $161.00 and set a "sector perform" rating on the stock in a research note on Friday, July 10th. Seven research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $157.90.

PepsiCo Company Profile

PepsiCo, Inc NASDAQ: PEP is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay's, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.

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