Hussman Strategic Advisors Inc. Increases Stock Holdings in PepsiCo, Inc. $PEP

Key Points

• Hussman Strategic Advisors increased its PepsiCo stake by 260% in the second quarter, acquiring 27,300 additional shares. The fund now owns 37,800 shares valued at approximately $5.1 million, making PepsiCo its largest holding.
• Analysts remain broadly cautious, with PepsiCo receiving a consensus “Hold” rating and an average price target of $157.90. Recent target adjustments ranged from $142 to $183.
• PepsiCo exceeded quarterly earnings and revenue expectations, while announcing a quarterly dividend of $1.48 per share, equivalent to a 4.2% annualized yield.

Hussman Strategic Advisors Inc. increased its stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 260.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,800 shares of the company's stock after buying an additional 27,300 shares during the quarter. PepsiCo makes up 1.2% of Hussman Strategic Advisors Inc.'s holdings, making the stock its biggest position. Hussman Strategic Advisors Inc.'s holdings in PepsiCo were worth $5,118,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Evergreen Advisors LLC acquired a new stake in PepsiCo in the first quarter valued at $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of PepsiCo in the 4th quarter valued at about $26,000. Swiss RE Ltd. acquired a new stake in PepsiCo in the 4th quarter valued at about $28,000. Networth Advisors LLC lifted its stake in PepsiCo by 2,857.1% in the 1st quarter. Networth Advisors LLC now owns 207 shares of the company's stock valued at $32,000 after purchasing an additional 200 shares during the last quarter. Finally, Vermillion Wealth Management Inc. grew its holdings in PepsiCo by 99.1% during the first quarter. Vermillion Wealth Management Inc. now owns 217 shares of the company's stock worth $34,000 after purchasing an additional 108 shares during the period. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP David Flavell sold 2,900 shares of the company's stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $139.54, for a total value of $404,666.00. Following the transaction, the executive vice president directly owned 74,825 shares in the company, valued at approximately $10,441,080.50. This represents a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.12% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on PEP shares. BNP Paribas Exane dropped their price objective on PepsiCo from $195.00 to $183.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft set a $155.00 target price on PepsiCo in a report on Friday, July 10th. Barclays raised their price target on PepsiCo from $138.00 to $142.00 and gave the company an "equal weight" rating in a report on Tuesday, July 21st. TD Cowen reduced their price objective on shares of PepsiCo from $150.00 to $145.00 and set a "hold" rating for the company in a research report on Friday, July 10th. Finally, Morgan Stanley dropped their price objective on shares of PepsiCo from $180.00 to $160.00 and set an "equal weight" rating on the stock in a research report 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 company. Based on data from MarketBeat.com, PepsiCo presently has a consensus rating of "Hold" and a consensus price target of $157.90.

PepsiCo Price Performance

PepsiCo stock opened at $142.58 on Thursday. The company has a market capitalization of $194.61 billion, a price-to-earnings ratio of 18.69, a PEG ratio of 3.08 and a beta of 0.35. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91. PepsiCo, Inc. has a 12 month low of $133.73 and a 12 month high of $171.48. The stock's 50 day moving average is $140.07 and its 200-day moving average is $150.43.

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

PepsiCo Dividend Announcement

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

PepsiCo 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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