Scientech Research LLC Makes New Investment in PepsiCo, Inc. $PEP

Scientech Research LLC bought a new stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 6,390 shares of the company's stock, valued at approximately $958,000.

Several other hedge funds also recently modified their holdings of PEP. Elite Financial Inc. bought a new position in shares of PepsiCo in the 1st quarter valued at about $28,000. Measured Risk Portfolios Inc. bought a new position in shares of PepsiCo in the 4th quarter valued at about $31,000. Sunbeam Capital Management LLC bought a new position in shares of PepsiCo in the 4th quarter valued at about $47,000. MorganRosel Wealth Management LLC bought a new position in shares of PepsiCo in the 1st quarter valued at about $55,000. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of PepsiCo in the 1st quarter valued at about $58,000. Institutional investors own 73.07% of the company's stock.

PepsiCo Stock Performance

Shares of PEP stock opened at $146.39 on Monday. The company has a debt-to-equity ratio of 2.12, a quick ratio of 0.60 and a current ratio of 0.78. The company has a market capitalization of $200.42 billion, a P/E ratio of 26.66, a price-to-earnings-growth ratio of 3.70 and a beta of 0.46. The company's 50 day moving average price is $143.00 and its two-hundred day moving average price is $140.81. PepsiCo, Inc. has a 52 week low of $127.60 and a 52 week high of $179.43.

PepsiCo (NASDAQ:PEP - Get Free Report) last announced its earnings results on Thursday, July 17th. The company reported $2.12 EPS for the quarter, topping the consensus estimate of $2.03 by $0.09. The firm had revenue of $22.73 billion for the quarter, compared to the consensus estimate 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 EPS. PepsiCo has set its FY 2025 guidance at 8.038-8.038 EPS. On average, analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year.

PepsiCo Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th will be issued a dividend of $1.4225 per share. This represents a $5.69 annualized dividend and a yield of 3.9%. The ex-dividend date is Friday, September 5th. PepsiCo's dividend payout ratio (DPR) is 103.64%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on PEP shares. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $146.00 target price on shares of PepsiCo in a research note on Wednesday, September 3rd. Wells Fargo & Company increased their price target on shares of PepsiCo from $140.00 to $154.00 and gave the company an "equal weight" rating in a research report on Friday, July 18th. Barclays increased their price target on shares of PepsiCo from $132.00 to $144.00 and gave the company an "equal weight" rating in a research report on Monday, July 21st. JPMorgan Chase & Co. cut their price target on shares of PepsiCo from $150.00 to $139.00 and set a "neutral" rating on the stock in a research report on Thursday, July 10th. Finally, Cowen reiterated a "hold" rating on shares of PepsiCo in a research report on Thursday, July 17th. Four investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $158.60.

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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