Sivia Capital Partners LLC Grows Position in PepsiCo, Inc. $PEP

Key Points

• Sivia Capital Partners LLC increased its stake in PepsiCo by 138.5% during Q2, owning 6,527 shares valued at approximately $862,000.
• PepsiCo reported Q2 earnings per share of $2.12, exceeding analysts' expectations and generating revenue of $22.73 billion, up 1% year-over-year.
• The company recently announced a quarterly dividend of $1.4225 per share, with a dividend yield of 4.1%, indicating a payout ratio of 103.64%.

Sivia Capital Partners LLC boosted its stake in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 138.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,527 shares of the company's stock after purchasing an additional 3,790 shares during the period. Sivia Capital Partners LLC's holdings in PepsiCo were worth $862,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Asset Management One Co. Ltd. boosted its holdings in shares of 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 last quarter. Ignite Planners LLC boosted its holdings in shares of 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 last quarter. Graybill Wealth Management LTD. purchased a new stake in shares of PepsiCo in the 1st quarter valued at $3,633,000. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of PepsiCo by 2.3% in the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 270,938 shares of the company's stock valued at $40,624,000 after acquiring an additional 6,112 shares during the last quarter. Finally, Inspire Trust Co. N.A. boosted its holdings in shares of PepsiCo by 39.2% in the 4th quarter. Inspire Trust Co. N.A. now owns 17,125 shares of the company's stock valued at $2,604,000 after acquiring an additional 4,825 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company's stock.

PepsiCo Stock Performance

NASDAQ:PEP opened at $140.03 on Wednesday. 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 fifty day moving average of $144.03 and a two-hundred day moving average of $140.35. The stock has a market capitalization of $191.71 billion, a PE ratio of 25.51, a P/E/G ratio of 3.56 and a beta of 0.46. PepsiCo, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $178.09.

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

PepsiCo Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, September 5th will be issued a $1.4225 dividend. The ex-dividend date of this dividend is Friday, September 5th. This represents a $5.69 dividend on an annualized basis and a dividend yield of 4.1%. PepsiCo's dividend payout ratio is currently 103.64%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on PEP. UBS Group dropped their price objective on shares of PepsiCo from $175.00 to $170.00 and set a "buy" rating on the stock in a report on Thursday, September 11th. Wells Fargo & Company boosted their target price on shares of PepsiCo from $140.00 to $154.00 and gave the company an "equal weight" rating in a research note on Friday, July 18th. Morgan Stanley boosted their target price on shares of PepsiCo from $153.00 to $165.00 and gave the company an "equal weight" rating in a research note on Friday, July 18th. JPMorgan Chase & Co. decreased their target price on shares of PepsiCo from $150.00 to $139.00 and set a "neutral" rating for the company in a research note on Thursday, July 10th. Finally, Barclays boosted their target price on shares of PepsiCo from $132.00 to $144.00 and gave the company an "equal weight" rating in a research note on Monday, July 21st. Four research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $158.67.

PepsiCo 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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