Compound Planning Inc. Has $1.16 Million Stock Position in PepsiCo, Inc. $PEP

Key Points

• Compound Planning Inc. raised its stock position in PepsiCo, Inc. by 31.3% during the first quarter, bringing its total shares to 7,744, valued at approximately $1.16 million.
• PepsiCo reported earnings per share of $2.12 for the latest quarter, surpassing analyst expectations, with total revenue reaching $22.73 billion.
• The company announced a quarterly dividend of $1.4225, with a yield of 3.8%, reflecting a payout ratio of 103.64%.

Compound Planning Inc. boosted its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 31.3% in the first quarter, according to its most recent filing with the SEC. The firm owned 7,744 shares of the company's stock after acquiring an additional 1,848 shares during the period. Compound Planning Inc.'s holdings in PepsiCo were worth $1,161,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Elite Financial Inc. acquired a new stake in PepsiCo during the 1st quarter worth $28,000. Measured Risk Portfolios Inc. acquired a new position in shares of PepsiCo in the 4th quarter valued at $31,000. Sunbeam Capital Management LLC acquired a new position in shares of PepsiCo in the 4th quarter valued at $47,000. MorganRosel Wealth Management LLC acquired a new position in shares of PepsiCo in the 1st quarter valued at $55,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of PepsiCo in the 1st quarter valued at $58,000. Institutional investors and hedge funds own 73.07% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Bank of America reduced their target price on shares of PepsiCo from $150.00 to $145.00 and set a "neutral" rating for the company in a research note on Friday, July 11th. Morgan Stanley upped their target price on shares of PepsiCo from $153.00 to $165.00 and gave the stock an "equal weight" rating in a research note on Friday, July 18th. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $148.00 target price on shares of PepsiCo in a research note on Tuesday, June 24th. Wells Fargo & Company upped their target price on shares of PepsiCo from $140.00 to $154.00 and gave the stock an "equal weight" rating in a research note on Friday, July 18th. Finally, JPMorgan Chase & Co. reduced their target price on shares of PepsiCo from $150.00 to $139.00 and set a "neutral" rating for the company in a research note on Thursday, July 10th. Four research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, PepsiCo currently has an average rating of "Hold" and an average price target of $158.73.

PepsiCo Stock Performance

Shares of PEP stock traded down $1.20 on Tuesday, reaching $147.00. The stock had a trading volume of 11,207,315 shares, compared to its average volume of 7,658,064. The company has a quick ratio of 0.60, a current ratio of 0.78 and a debt-to-equity ratio of 2.12. The firm's 50-day moving average is $140.01 and its two-hundred day moving average is $140.66. The firm has a market capitalization of $201.25 billion, a price-to-earnings ratio of 26.78, a P/E/G ratio of 3.95 and a beta of 0.45. PepsiCo, Inc. has a 12 month low of $127.60 and a 12 month high of $179.73.

PepsiCo (NASDAQ:PEP - Get Free Report) last issued its earnings results on Thursday, July 17th. The company reported $2.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.03 by $0.09. The company had revenue of $22.73 billion for the quarter, compared to analysts' expectations of $22.28 billion. PepsiCo had a net margin of 8.23% and a return on equity of 57.81%. PepsiCo's quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.28 EPS. PepsiCo has set its FY 2025 guidance at 8.038-8.038 EPS. On average, research analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th will be issued a $1.4225 dividend. This represents a $5.69 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, September 5th. PepsiCo's dividend payout ratio is presently 103.64%.

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.