Roundview Capital LLC Has $3.70 Million Stock Holdings in PepsiCo, Inc. $PEP

Key Points

• Roundview Capital LLC reduced its stake in PepsiCo by 15% during the second quarter, holding 27,991 shares valued at approximately $3.70 million after selling 4,947 shares.
• PepsiCo's recent earnings report showed an EPS of $2.12, exceeding expectations, with quarterly revenue of $22.73 billion, representing a 1% increase year-over-year.
• The company declared a quarterly dividend of $1.4225 per share, equating to an annualized yield of 4.1%, with the dividend payout ratio at 103.64%.

Roundview Capital LLC trimmed its stake in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 15.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,991 shares of the company's stock after selling 4,947 shares during the quarter. Roundview Capital LLC's holdings in PepsiCo were worth $3,696,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in PEP. Claris Advisors LLC MO increased its position in PepsiCo by 14.1% in the 2nd quarter. Claris Advisors LLC MO now owns 2,490 shares of the company's stock valued at $329,000 after acquiring an additional 308 shares during the period. Foster Group Inc. increased its position in PepsiCo by 4.6% in the 2nd quarter. Foster Group Inc. now owns 5,169 shares of the company's stock valued at $683,000 after acquiring an additional 229 shares during the period. Asset Management One Co. Ltd. increased its position in PepsiCo by 3.6% in the 1st quarter. Asset Management One Co. Ltd. now owns 630,906 shares of the company's stock valued at $94,598,000 after acquiring an additional 21,859 shares during the period. Ignite Planners LLC increased its position in PepsiCo by 4.2% in the 1st quarter. Ignite Planners LLC now owns 3,773 shares of the company's stock valued at $566,000 after acquiring an additional 151 shares during the period. Finally, Merit Financial Group LLC increased its position in PepsiCo by 46.4% in the 2nd quarter. Merit Financial Group LLC now owns 114,344 shares of the company's stock valued at $15,098,000 after acquiring an additional 36,239 shares during the period. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Barclays restated a "cautious" rating on shares of PepsiCo in a research report on Friday. Royal Bank Of Canada decreased their price objective on shares of PepsiCo from $146.00 to $145.00 and set a "sector perform" rating for the company in a research report on Monday, September 15th. JPMorgan Chase & Co. decreased their price objective on shares of PepsiCo from $157.00 to $151.00 and set a "neutral" rating for the company in a research report on Monday. Cowen reiterated a "hold" rating on shares of PepsiCo in a research report on Thursday, July 17th. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of PepsiCo in a research report on Saturday, September 27th. Four research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $158.13.

PepsiCo Trading Down 1.6%

NASDAQ:PEP opened at $139.70 on Tuesday. The company has a current ratio of 0.78, a quick ratio of 0.60 and a debt-to-equity ratio of 2.12. The stock has a market capitalization of $191.26 billion, a price-to-earnings ratio of 25.45, a PEG ratio of 3.58 and a beta of 0.46. The firm has a fifty day simple moving average of $144.32 and a two-hundred day simple moving average of $139.30. PepsiCo, Inc. has a 12 month low of $127.60 and a 12 month high of $177.50.

PepsiCo (NASDAQ:PEP - Get Free Report) last posted its quarterly earnings results on Thursday, July 17th. The company reported $2.12 EPS for the quarter, topping analysts' consensus estimates of $2.03 by $0.09. The business had revenue of $22.73 billion during 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%. The business's quarterly revenue was up 1.0% on a year-over-year basis. During the same period last year, the company posted $2.28 earnings per share. PepsiCo has set its FY 2025 guidance at 8.038-8.038 EPS. Analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th were issued a $1.4225 dividend. This represents a $5.69 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Friday, September 5th. PepsiCo's dividend payout ratio (DPR) 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.

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