PepsiCo (NASDAQ:PEP) Stock Acquired Rep. Jared Moskowitz

Representative Jared Moskowitz (D-Florida) recently bought shares of PepsiCo, Inc. NASDAQ: PEP. In a filing disclosed on May 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in PepsiCo stock on April 7th. The trade occurred in the Representative's "MORGAN STANLEY ACTIVE ASSETS (1)" account.

Representative Jared Moskowitz also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Amgen NASDAQ: AMGN on 4/16/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/16/2025.
• Sold $1,001 - $15,000 in shares of Starbucks NASDAQ: SBUX on 4/10/2025.
• Sold $15,001 - $50,000 in shares of The Goldman Sachs Group NYSE: GS on 4/10/2025.
• Sold $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 4/10/2025.
• Purchased $1,001 - $15,000 in shares of Southern NYSE: SO on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of Sherwin-Williams NYSE: SHW on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of Texas Instruments NASDAQ: TXN on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 4/7/2025.

PepsiCo Stock Performance

PEP traded down $1.86 during trading on Wednesday, reaching $128.45. 10,452,154 shares of the company were exchanged, compared to its average volume of 6,330,979. PepsiCo, Inc. has a 52 week low of $127.90 and a 52 week high of $183.41. The stock has a market cap of $176.12 billion, a P/E ratio of 18.48, a PEG ratio of 3.09 and a beta of 0.47. The firm has a 50 day moving average of $142.80 and a 200 day moving average of $150.32. The company has a current ratio of 0.82, a quick ratio of 0.65 and a debt-to-equity ratio of 2.05.

PepsiCo (NASDAQ:PEP - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported $1.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.49 by ($0.01). PepsiCo had a return on equity of 58.87% and a net margin of 10.43%. The business had revenue of $17.92 billion during the quarter, compared to the consensus estimate of $17.81 billion. During the same period in the previous year, the company posted $1.61 EPS. The company's revenue for the quarter was down 1.8% compared to the same quarter last year. On average, sell-side analysts forecast that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 6th will be paid a dividend of $1.4225 per share. This is an increase from PepsiCo's previous quarterly dividend of $1.36. This represents a $5.69 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date is Friday, June 6th. PepsiCo's dividend payout ratio is presently 83.68%.

Institutional Trading of PepsiCo

Hedge funds and other institutional investors have recently made changes to their positions in the business. Collier Financial acquired a new stake in PepsiCo in the fourth quarter worth about $28,000. WealthTrak Capital Management LLC bought a new position in PepsiCo during the fourth quarter worth about $28,000. Elite Financial Inc. bought a new position in PepsiCo during the first quarter worth about $28,000. Creative Capital Management Investments LLC bought a new position in PepsiCo during the fourth quarter worth about $30,000. Finally, Prudent Man Investment Management Inc. bought a new position in shares of PepsiCo during the 4th quarter valued at about $30,000. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PEP has been the subject of several analyst reports. CICC Research reaffirmed a "market perform" rating on shares of PepsiCo in a report on Friday, February 7th. Evercore ISI set a $140.00 target price on PepsiCo in a report on Thursday, April 24th. Citigroup reduced their target price on PepsiCo from $170.00 to $160.00 and set a "buy" rating for the company in a report on Friday, April 25th. StockNews.com cut shares of PepsiCo from a "buy" rating to a "hold" rating in a research report on Thursday, February 6th. Finally, HSBC reduced their price objective on PepsiCo from $186.00 to $170.00 and set a "hold" rating for the company in a research note on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $160.69.

About Representative Moskowitz

Jared Evan Moskowitz (Democratic Party) is a member of the U.S. House, representing Florida's 23rd Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Moskowitz (Democratic Party) is running for re-election to the U.S. House to represent Florida's 23rd Congressional District. He declared candidacy for the 2026 election. Jared Evan Moskowitz was born in Coral Springs, Florida. Moskowitz graduated from Marjory Stoneman Douglas High School. He earned a bachelor's degree in political science and government from George Washington University in 2003 and a law degree from Nova Southeastern University in 2007. Moskowitz's career experience includes working as the director of the Florida Division of Emergency Management and general counsel with AshBritt Inc.

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.