Presper Financial Architects LLC Invests $254,000 in PepsiCo, Inc. $PEP

Key Points

• Presper Financial Architects LLC invested approximately $254,000 in PepsiCo, purchasing 1,921 shares during the second quarter.
• PepsiCo reported $2.12 EPS for its latest quarter, surpassing analyst expectations, with a revenue of $22.73 billion.
• The company announced a quarterly dividend of $1.4225 per share, yielding 4.1% annually, with a payout ratio of 103.64%.

Presper Financial Architects LLC bought a new position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 1,921 shares of the company's stock, valued at approximately $254,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. bought a new position in PepsiCo during the 1st quarter worth about $25,000. Elite Financial Inc. bought a new position in PepsiCo during the 1st quarter worth about $28,000. Legend Financial Advisors Inc. bought a new position in PepsiCo during the 2nd quarter worth about $29,000. Investment Research & Advisory Group Inc. grew its holdings in PepsiCo by 263.6% during the 2nd quarter. Investment Research & Advisory Group Inc. now owns 320 shares of the company's stock worth $42,000 after acquiring an additional 232 shares in the last quarter. Finally, MorganRosel Wealth Management LLC bought a new position in PepsiCo during the 1st quarter worth about $55,000. 73.07% of the stock is currently owned by institutional investors.

PepsiCo Stock Performance

Shares of PepsiCo stock opened at $140.17 on Tuesday. The firm has a market capitalization of $191.90 billion, a P/E ratio of 25.53, a PEG ratio of 3.54 and a beta of 0.46. 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 company has a 50 day moving average price of $144.60 and a 200 day moving average price of $139.53. PepsiCo, Inc. has a 52 week low of $127.60 and a 52 week high of $177.50.

PepsiCo (NASDAQ:PEP - Get Free Report) last announced its quarterly earnings data on Thursday, July 17th. The company reported $2.12 EPS for the quarter, beating the consensus estimate of $2.03 by $0.09. The firm had revenue of $22.73 billion during the quarter, compared to analyst estimates of $22.28 billion. PepsiCo had a net margin of 8.23% and a return on equity of 57.81%. PepsiCo's revenue was up 1.0% on a year-over-year basis. During the same period last year, the firm posted $2.28 EPS. PepsiCo has set its FY 2025 guidance at 8.038-8.038 EPS. Sell-side analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors 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 4.1%. The ex-dividend date of this dividend is Friday, September 5th. PepsiCo's dividend payout ratio (DPR) is presently 103.64%.

Wall Street Analysts Forecast Growth

PEP has been the subject of several analyst reports. Bank of America decreased their price target 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. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of PepsiCo in a report on Thursday, July 17th. Cowen restated a "hold" rating on shares of PepsiCo in a report on Thursday, July 17th. JPMorgan Chase & Co. lowered their price target on shares of PepsiCo from $150.00 to $139.00 and set a "neutral" rating on the stock in a report on Thursday, July 10th. Finally, Citigroup lowered their price target on shares of PepsiCo from $168.00 to $165.00 and set a "buy" rating on the stock in a report on Thursday, September 25th. Four research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, PepsiCo currently has a consensus rating of "Hold" and a consensus target price of $158.13.

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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