CW Advisors LLC Grows Position in PepsiCo, Inc. $PEP

Key Points

• CW Advisors LLC increased its stake in PepsiCo by 51.0%, owning 37,931 shares valued at approximately $5.66 million after acquiring an additional 12,805 shares in Q1.
• PepsiCo reported earnings of $2.12 EPS in its latest quarter, surpassing analysts’ expectations of $2.03 EPS, with revenues reaching $22.73 billion.
• The company has announced a quarterly dividend of $1.4225, translating to an annualized dividend yield of 3.8%, with a dividend payout ratio of 103.64%.

CW Advisors LLC grew its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 51.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,931 shares of the company's stock after acquiring an additional 12,805 shares during the quarter. CW Advisors LLC's holdings in PepsiCo were worth $5,663,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of PEP. Legacy Financial Group LLC raised its position in shares of PepsiCo by 4.9% during the 1st quarter. Legacy Financial Group LLC now owns 1,514 shares of the company's stock valued at $227,000 after buying an additional 71 shares in the last quarter. Pflug Koory LLC boosted its holdings in shares of PepsiCo by 1.0% in the 1st quarter. Pflug Koory LLC now owns 7,750 shares of the company's stock worth $1,162,000 after purchasing an additional 76 shares in the last quarter. Hoge Financial Services LLC raised its holdings 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 valued at $545,000 after buying an additional 76 shares in the last quarter. Members Trust Co lifted its position in PepsiCo by 1.3% in the 1st quarter. Members Trust Co now owns 5,941 shares of the company's stock worth $891,000 after buying an additional 77 shares during the last quarter. Finally, Fairview Capital Investment Management LLC boosted its stake in PepsiCo by 2.3% in the fourth quarter. Fairview Capital Investment Management LLC now owns 3,526 shares of the company's stock worth $536,000 after buying an additional 78 shares in the last quarter. 73.07% of the stock is currently owned by institutional investors.

PepsiCo Trading Up 0.4%

PEP opened at $149.64 on Friday. PepsiCo, Inc. has a one year low of $127.60 and a one year high of $179.73. The company has a debt-to-equity ratio of 2.12, a current ratio of 0.78 and a quick ratio of 0.60. The business has a 50 day simple moving average of $139.32 and a two-hundred day simple moving average of $140.66. The firm has a market capitalization of $204.87 billion, a price-to-earnings ratio of 27.26, a PEG ratio of 3.97 and a beta of 0.45.

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

PepsiCo Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th will be given a $1.4225 dividend. This represents a $5.69 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, September 5th. PepsiCo's dividend payout ratio (DPR) is currently 103.64%.

Wall Street Analysts Forecast Growth

PEP has been the topic of several research reports. Barclays lifted their price target on shares of PepsiCo from $132.00 to $144.00 and gave the stock an "equal weight" rating in a research note on Monday, July 21st. Bank of America decreased their target price on shares of PepsiCo from $150.00 to $145.00 and set a "neutral" rating on the stock in a research report on Friday, July 11th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of PepsiCo in a research report on Thursday, July 17th. Citigroup boosted their target price on PepsiCo from $160.00 to $168.00 and gave the company a "buy" rating in a research note on Friday, July 18th. Finally, Dbs Bank cut PepsiCo from a "strong-buy" rating to a "hold" rating in a report on Friday, May 9th. Four equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, PepsiCo has an average rating of "Hold" and an average price target of $158.73.

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.

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