Jefferies Financial Group Inc. Acquires New Position in PepsiCo, Inc. $PEP

Key Points

• Jefferies Financial Group initiated a PepsiCo position by purchasing 17,521 shares valued at approximately $2.37 million. Institutional investors and hedge funds collectively own 73.07% of PEP.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $157.90, compared with PepsiCo’s reported opening price of $140.34.
• PepsiCo exceeded quarterly expectations with $2.20 in adjusted EPS and $24.18 billion in revenue, while declaring a quarterly dividend of $1.48 per share, equivalent to a 4.2% annualized yield.

Jefferies Financial Group Inc. bought a new position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 17,521 shares of the company's stock, valued at approximately $2,372,000.

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

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Royal Bank Of Canada cut their price target on shares of PepsiCo from $163.00 to $161.00 and set a "sector perform" rating on the stock in a report on Friday, July 10th. Barclays upped their price objective on shares of PepsiCo from $138.00 to $142.00 and gave the company an "equal weight" rating in a report on Tuesday, July 21st. BNP Paribas Exane cut their price objective on shares of PepsiCo from $195.00 to $183.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 8th. Evercore set a $150.00 target price on shares of PepsiCo in a report on Thursday, July 9th. Finally, UBS Group set a $159.00 target price on shares of PepsiCo in a research report on Thursday, July 9th. Seven research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $157.90.

PepsiCo Trading Down 0.5%

Shares of PepsiCo stock opened at $140.34 on Tuesday. The firm has a 50-day simple moving average of $139.85 and a two-hundred day simple moving average of $149.20. The company has a market cap of $191.55 billion, a P/E ratio of 18.39, a price-to-earnings-growth ratio of 3.10 and a beta of 0.35. PepsiCo, Inc. has a fifty-two week low of $133.73 and a fifty-two week high of $171.48. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.74 and a current ratio of 0.93.

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

PepsiCo Announces Dividend

The firm also recently disclosed 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 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Friday, September 4th. PepsiCo's dividend payout ratio (DPR) is presently 77.59%.

Insider Activity at PepsiCo

In related news, EVP David Flavell sold 2,900 shares of the business's stock in a transaction on Monday, July 27th. The shares were sold at an average price of $139.54, for a total value of $404,666.00. Following the completion of the sale, the executive vice president owned 74,825 shares of the company's stock, valued at approximately $10,441,080.50. The trade was a 3.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.12% of the stock is owned by company insiders.

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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