Vanguard Personalized Indexing Management LLC Acquires 16,903 Shares of PepsiCo, Inc. $PEP

Key Points

• Vanguard Personalized Indexing Management LLC increased its holdings in PepsiCo, Inc. by 13.4%, acquiring an additional 16,903 shares, bringing its total to 142,831 shares valued at approximately $18.93 million.
• Several analysts maintain a mixed sentiment on PepsiCo stock, with a consensus rating of "Hold" and an average target price of $158.88, while recent earnings exceeded expectations with a reported EPS of $2.29.
• PepsiCo's quarterly dividend of $1.4225 per share offers investors an annual yield of 3.8%, although the company's dividend payout ratio stands at a high 103.64%.

Vanguard Personalized Indexing Management LLC raised its holdings in PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 13.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 142,831 shares of the company's stock after acquiring an additional 16,903 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in PepsiCo were worth $18,933,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PEP. Brighton Jones LLC grew its position in PepsiCo by 12.4% in the fourth quarter. Brighton Jones LLC now owns 59,392 shares of the company's stock valued at $9,031,000 after acquiring an additional 6,574 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of PepsiCo by 28.1% during the first quarter. GAMMA Investing LLC now owns 30,603 shares of the company's stock worth $4,589,000 after purchasing an additional 6,712 shares during the last quarter. Stanley Laman Group Ltd. grew its holdings in shares of PepsiCo by 44.2% during the first quarter. Stanley Laman Group Ltd. now owns 3,529 shares of the company's stock worth $529,000 after purchasing an additional 1,081 shares during the last quarter. Tudor Financial Inc. grew its holdings in shares of PepsiCo by 10.6% during the first quarter. Tudor Financial Inc. now owns 6,834 shares of the company's stock worth $1,025,000 after purchasing an additional 655 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC grew its holdings in shares of PepsiCo by 27.4% during the first quarter. Elevation Point Wealth Partners LLC now owns 20,406 shares of the company's stock worth $3,060,000 after purchasing an additional 4,392 shares during the last quarter. Institutional investors own 73.07% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on PEP. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of PepsiCo in a report on Thursday, July 17th. Weiss Ratings restated a "hold (c-)" rating on shares of PepsiCo in a report on Saturday, September 27th. Wells Fargo & Company upped their target price on PepsiCo from $150.00 to $154.00 and gave the company a "positive" rating in a report on Friday. Citigroup reduced their target price on PepsiCo from $168.00 to $165.00 and set a "buy" rating on the stock in a report on Thursday, September 25th. Finally, BNP Paribas Exane reduced their target price on PepsiCo from $152.00 to $150.00 and set a "neutral" rating on the stock in a report on Monday, October 6th. Five equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $158.88.

PepsiCo Price Performance

Shares of PEP opened at $150.08 on Friday. The company has a debt-to-equity ratio of 2.12, a quick ratio of 0.60 and a current ratio of 0.78. PepsiCo, Inc. has a 52-week low of $127.60 and a 52-week high of $177.50. The business's 50 day moving average price is $144.53 and its two-hundred day moving average price is $139.26. The firm has a market cap of $205.47 billion, a PE ratio of 28.53, a price-to-earnings-growth ratio of 3.76 and a beta of 0.46.

PepsiCo (NASDAQ:PEP - Get Free Report) last issued its earnings results on Thursday, October 9th. The company reported $2.29 earnings per share for the quarter, topping analysts' consensus estimates of $2.26 by $0.03. PepsiCo had a return on equity of 58.46% and a net margin of 7.82%.The company had revenue of $23.94 billion for the quarter, compared to analyst estimates of $23.91 billion. During the same period in the prior year, the firm earned $2.31 earnings per share. PepsiCo's revenue for the quarter was up 2.7% on a year-over-year basis. PepsiCo has set its FY 2025 guidance at 8.120-8.120 EPS. On average, equities analysts anticipate that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 5th were issued a dividend of $1.4225 per share. The ex-dividend date was Friday, September 5th. This represents a $5.69 annualized dividend and a yield of 3.8%. PepsiCo's dividend payout ratio is 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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