Schnieders Capital Management LLC Has $5.04 Million Stock Holdings in PepsiCo, Inc. $PEP

Key Points

• Schnieders Capital Management LLC increased its stake in PepsiCo by 10.1% in Q2, holding a total of 38,164 shares valued at $5.04 million.
• PepsiCo recently reported a net income margin of 7.82% and earnings per share of $2.29, surpassing analysts' expectations.
• The company declared a quarterly dividend of $1.4225 per share, with an annualized dividend yield of 3.7% and a dividend payout ratio of 108.17%.

Schnieders Capital Management LLC lifted its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 10.1% in the second quarter, according to its most recent filing with the SEC. The firm owned 38,164 shares of the company's stock after acquiring an additional 3,502 shares during the period. PepsiCo makes up about 0.9% of Schnieders Capital Management LLC's investment portfolio, making the stock its 28th biggest position. Schnieders Capital Management LLC's holdings in PepsiCo were worth $5,039,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. CORDA Investment Management LLC. raised its position in PepsiCo by 8.5% in the second quarter. CORDA Investment Management LLC. now owns 297,019 shares of the company's stock worth $39,218,000 after purchasing an additional 23,214 shares in the last quarter. FLC Capital Advisors grew its stake in shares of PepsiCo by 5.9% in the 2nd quarter. FLC Capital Advisors now owns 3,974 shares of the company's stock valued at $525,000 after purchasing an additional 222 shares during the period. Stephens Inc. AR raised its holdings in shares of PepsiCo by 6.0% in the 2nd quarter. Stephens Inc. AR now owns 134,483 shares of the company's stock worth $17,757,000 after buying an additional 7,608 shares in the last quarter. Alaska Wealth Advisors lifted its position in shares of PepsiCo by 3.6% during the 2nd quarter. Alaska Wealth Advisors now owns 2,877 shares of the company's stock worth $380,000 after buying an additional 99 shares during the period. Finally, Beverly Hills Private Wealth LLC boosted its stake in PepsiCo by 6.2% in the 2nd quarter. Beverly Hills Private Wealth LLC now owns 35,482 shares of the company's stock valued at $4,685,000 after buying an additional 2,064 shares in the last quarter. Institutional investors own 73.07% of the company's stock.

PepsiCo Trading Up 0.7%

Shares of NASDAQ PEP opened at $153.71 on Monday. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $177.50. The company has a 50-day moving average of $145.51 and a two-hundred day moving average of $139.25. The company has a market cap of $210.17 billion, a PE ratio of 29.22, a P/E/G ratio of 3.74 and a beta of 0.46. The company has a current ratio of 0.91, a quick ratio of 0.72 and a debt-to-equity ratio of 2.26.

PepsiCo (NASDAQ:PEP - Get Free Report) last issued its quarterly earnings results on Thursday, October 9th. The company reported $2.29 earnings per share for the quarter, beating analysts' consensus estimates of $2.26 by $0.03. PepsiCo had a net margin of 7.82% and a return on equity of 57.58%. The business had revenue of $23.94 billion during the quarter, compared to analyst estimates of $23.91 billion. During the same quarter last year, the business posted $2.31 earnings per share. PepsiCo's revenue for the quarter was up 2.7% compared to the same quarter last year. PepsiCo has set its FY 2025 guidance at 8.120-8.120 EPS. As a group, equities analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th were paid a dividend of $1.4225 per share. This represents a $5.69 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Friday, September 5th. PepsiCo's dividend payout ratio is 108.17%.

Analyst Ratings Changes

Several research firms have issued reports on PEP. Rothschild & Co Redburn increased their price objective on PepsiCo from $115.00 to $117.00 and gave the stock a "sell" rating in a research note on Monday, October 13th. Jefferies Financial Group upped their target price on shares of PepsiCo from $161.00 to $163.00 and gave the stock a "hold" rating in a report on Friday, October 10th. Evercore ISI lifted their price target on shares of PepsiCo from $150.00 to $152.00 in a report on Friday, October 10th. The Goldman Sachs Group boosted their price target on shares of PepsiCo from $165.00 to $167.00 and gave the company a "buy" rating in a research report on Friday, October 10th. Finally, Wells Fargo & Company raised their price objective on shares of PepsiCo from $150.00 to $154.00 and gave the stock a "positive" rating in a report on Friday, October 10th. Six equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $156.00.

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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