Transamerica Financial Advisors LLC Purchases Shares of 7,925 PepsiCo, Inc. $PEP

Key Points

• Transamerica Financial Advisors purchased 7,925 PepsiCo shares worth approximately $1.07 million, while institutional investors and hedge funds collectively own 73.07% of PEP.
• PepsiCo reported quarterly revenue of $24.18 billion and EPS of $2.20, slightly exceeding analyst estimates; revenue increased 6.4% year over year. The stock opened at $140.34, near its 52-week low.
• PepsiCo declared a quarterly dividend of $1.48, equivalent to $5.92 annually and a 4.2% yield. Analysts maintain a consensus “Hold” rating with an average price target of $157.90, though several firms recently lowered their targets.

Transamerica Financial Advisors LLC acquired a new position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 7,925 shares of the company's stock, valued at approximately $1,073,000.

A number of other large investors also recently added to or reduced their stakes in PEP. Swiss Life Asset Management Ltd boosted its stake in shares of PepsiCo by 11.4% in the fourth quarter. Swiss Life Asset Management Ltd now owns 415,271 shares of the company's stock valued at $59,600,000 after purchasing an additional 42,335 shares during the period. National Pension Service lifted its holdings in PepsiCo by 2.5% during the 4th quarter. National Pension Service now owns 3,143,939 shares of the company's stock worth $451,218,000 after buying an additional 77,051 shares in the last quarter. Allstate Corp boosted its position in PepsiCo by 108.1% in the 4th quarter. Allstate Corp now owns 104,723 shares of the company's stock valued at $15,030,000 after buying an additional 54,405 shares during the period. First Nebraska Trust Co acquired a new position in shares of PepsiCo in the first quarter worth $10,782,000. Finally, Knights of Columbus Asset Advisors LLC increased its position in shares of PepsiCo by 90.0% during the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 94,652 shares of the company's stock worth $13,584,000 after acquiring an additional 44,824 shares during the period. 73.07% of the stock is currently owned by institutional investors and hedge funds.

PepsiCo Stock Down 0.5%

PepsiCo stock opened at $140.34 on Tuesday. The company has a market capitalization of $191.55 billion, a P/E ratio of 18.39, a PEG ratio of 3.10 and a beta of 0.35. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.74 and a current ratio of 0.93. PepsiCo, Inc. has a fifty-two week low of $133.73 and a fifty-two week high of $171.48. The stock has a 50-day simple moving average of $139.85 and a 200-day simple moving average of $149.20.

PepsiCo (NASDAQ:PEP - Get Free Report) last released its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.19 by $0.01. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The firm had revenue of $24.18 billion for the quarter, compared to the consensus estimate of $23.95 billion. During the same quarter last year, the business posted $0.92 EPS. The firm's quarterly revenue was up 6.4% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Equities research analysts expect that PepsiCo, Inc. will post 8.57 earnings per share for the current year.

PepsiCo Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be given a $1.48 dividend. The ex-dividend date is Friday, September 4th. This represents a $5.92 annualized dividend and a yield of 4.2%. PepsiCo's dividend payout ratio is 77.59%.

Analyst Ratings Changes

Several research firms recently commented on PEP. BNP Paribas Exane lowered their target price on PepsiCo from $195.00 to $183.00 and set an "outperform" rating for the company in a research note on Wednesday, July 8th. Weiss Ratings reiterated a "hold (c)" rating on shares of PepsiCo in a research note on Monday, July 6th. Morgan Stanley cut their target price on shares of PepsiCo from $180.00 to $160.00 and set an "equal weight" rating on the stock in a research note on Friday, July 10th. Royal Bank Of Canada decreased their price target on shares of PepsiCo from $163.00 to $161.00 and set a "sector perform" rating for the company in a research note on Friday, July 10th. Finally, Citigroup cut shares of PepsiCo from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $170.00 to $145.00 in a report on Friday, July 10th. Seven investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $157.90.

Insider Transactions at PepsiCo

In other PepsiCo news, EVP David Flavell sold 2,900 shares of PepsiCo stock in a transaction on Monday, July 27th. The shares were sold at an average price of $139.54, for a total value of $404,666.00. Following the transaction, the executive vice president directly owned 74,825 shares in the company, valued at approximately $10,441,080.50. The trade was a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.12% of the company's stock.

About PepsiCo

PepsiCo, Inc NASDAQ: PEP is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay's, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.

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