Clarius Group LLC Has $1.87 Million Stock Position in PepsiCo, Inc. $PEP

Key Points

• Clarius Group LLC increased its holdings in PepsiCo by 18.8% during Q2, now owning 14,139 shares valued at $1.87 million.
• PepsiCo's stock is currently down 0.2%, with a market capitalization of $194.38 billion and a P/E ratio of 25.86.
• The company declared a quarterly dividend of $1.4225 per share, resulting in an annualized yield of 4.0%.

Clarius Group LLC lifted its holdings in PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 18.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,139 shares of the company's stock after purchasing an additional 2,234 shares during the quarter. Clarius Group LLC's holdings in PepsiCo were worth $1,867,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PEP. Dogwood Wealth Management LLC increased its position in shares of PepsiCo by 15.4% during the 2nd quarter. Dogwood Wealth Management LLC now owns 539 shares of the company's stock worth $73,000 after purchasing an additional 72 shares during the last quarter. Centurion Wealth Management LLC increased its holdings in PepsiCo by 3.8% during the second quarter. Centurion Wealth Management LLC now owns 2,068 shares of the company's stock worth $273,000 after buying an additional 75 shares during the last quarter. SK Wealth Management LLC raised its position in PepsiCo by 3.3% during the second quarter. SK Wealth Management LLC now owns 2,375 shares of the company's stock worth $319,000 after acquiring an additional 75 shares in the last quarter. Pflug Koory LLC grew its position in shares of PepsiCo by 1.0% in the 1st quarter. Pflug Koory LLC now owns 7,750 shares of the company's stock valued at $1,162,000 after acquiring an additional 76 shares during the period. Finally, Hoge Financial Services LLC increased its stake in shares of PepsiCo by 2.1% during the 1st quarter. Hoge Financial Services LLC now owns 3,633 shares of the company's stock worth $545,000 after purchasing an additional 76 shares during the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently commented on PEP. Weiss Ratings reiterated a "hold (c-)" rating on shares of PepsiCo in a report on Saturday, September 27th. Citigroup reduced their target price on PepsiCo from $168.00 to $165.00 and set a "buy" rating for the company in a research note on Thursday, September 25th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of PepsiCo in a research note on Thursday, July 17th. Bank of America reduced their price objective on shares of PepsiCo from $150.00 to $145.00 and set a "neutral" rating for the company in a research report on Friday, July 11th. Finally, Royal Bank Of Canada dropped their price objective on shares of PepsiCo from $146.00 to $145.00 and set a "sector perform" rating on the stock in a research report on Monday, September 15th. Four equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $157.87.

PepsiCo Stock Down 0.2%

PEP opened at $141.98 on Friday. The stock has a fifty day moving average of $144.36 and a 200-day moving average of $139.39. The company has a market capitalization of $194.38 billion, a P/E ratio of 25.86, a P/E/G ratio of 3.58 and a beta of 0.46. PepsiCo, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $177.50. The company has a debt-to-equity ratio of 2.12, a quick ratio of 0.60 and a current ratio of 0.78.

PepsiCo (NASDAQ:PEP - Get Free Report) last released 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. PepsiCo had a net margin of 8.23% and a return on equity of 57.81%. The business had revenue of $22.73 billion for the quarter, compared to analyst estimates of $22.28 billion. During the same period last year, the firm earned $2.28 earnings per share. PepsiCo's revenue for the quarter was up 1.0% compared to the same quarter last year. PepsiCo has set its FY 2025 guidance at 8.038-8.038 EPS. On average, equities analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 5th were given a dividend of $1.4225 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $5.69 dividend on an annualized basis and a yield of 4.0%. PepsiCo's dividend 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.

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