Representative Julie Johnson (D-Texas) recently sold shares of PepsiCo, Inc. NASDAQ: PEP. In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in PepsiCo stock on April 1st. The trade occurred in the Representative's "MERRILL LYNCH TAX EFFICIENT CORE" account.
Representative Julie Johnson also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 4/30/2025.
- Sold $1,001 - $15,000 in shares of Blackstone NYSE: BX on 4/22/2025.
- Purchased $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 4/22/2025.
- Sold $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 4/15/2025.
- Sold $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 4/11/2025.
- Purchased $1,001 - $15,000 in shares of 3M NYSE: MMM on 4/11/2025.
- Sold $1,001 - $15,000 in shares of DT Midstream NYSE: DTM on 4/7/2025.
- Sold $1,001 - $15,000 in shares of Intuitive Surgical NASDAQ: ISRG on 4/7/2025.
- Sold $1,001 - $15,000 in shares of Howmet Aerospace NYSE: HWM on 4/7/2025.
- Sold $1,001 - $15,000 in shares of Carlisle Companies NYSE: CSL on 4/7/2025.
PepsiCo Trading Up 0.3%
Shares of PEP stock traded up $0.43 during mid-day trading on Friday, reaching $131.93. The company's stock had a trading volume of 4,147,829 shares, compared to its average volume of 6,351,515. PepsiCo, Inc. has a 12-month low of $127.87 and a 12-month high of $183.41. The firm has a market capitalization of $180.89 billion, a PE ratio of 18.97, a price-to-earnings-growth ratio of 3.09 and a beta of 0.47. The company has a quick ratio of 0.65, a current ratio of 0.82 and a debt-to-equity ratio of 2.05. The company's 50 day simple moving average is $141.78 and its 200-day simple moving average is $149.90.
PepsiCo (NASDAQ:PEP - Get Free Report) last announced its quarterly earnings data 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). The firm had revenue of $17.92 billion for the quarter, compared to analyst estimates of $17.81 billion. PepsiCo had a net margin of 10.43% and a return on equity of 58.87%. The company's quarterly revenue was down 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.61 EPS. On average, research analysts predict that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.
PepsiCo Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 6th will be given a dividend of $1.4225 per share. This represents a $5.69 dividend on an annualized basis and a yield of 4.31%. This is a boost from PepsiCo's previous quarterly dividend of $1.36. The ex-dividend date of this dividend is Friday, June 6th. PepsiCo's payout ratio is 83.68%.
Hedge Funds Weigh In On PepsiCo
Several institutional investors have recently modified their holdings of PEP. Collier Financial purchased a new position in shares of PepsiCo during the fourth quarter valued at approximately $28,000. WealthTrak Capital Management LLC acquired a new position in PepsiCo during the 4th quarter worth $28,000. Elite Financial Inc. acquired a new position in shares of PepsiCo during the 1st quarter valued at $28,000. Creative Capital Management Investments LLC acquired a new stake in shares of PepsiCo during the fourth quarter valued at approximately $30,000. Finally, Prudent Man Investment Management Inc. acquired a new position in shares of PepsiCo in the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 73.07% of the company's stock.
Analysts Set New Price Targets
A number of research analysts recently weighed in on PEP shares. CICC Research reissued a "market perform" rating on shares of PepsiCo in a research note on Friday, February 7th. Jefferies Financial Group cut shares of PepsiCo from a "buy" rating to a "hold" rating and cut their target price for the company from $171.00 to $170.00 in a research note on Wednesday, March 12th. Bank of America reduced their target price on shares of PepsiCo from $155.00 to $150.00 and set a "neutral" rating for the company in a research note on Friday, April 25th. Citigroup decreased their price objective on PepsiCo from $170.00 to $160.00 and set a "buy" rating on the stock in a report on Friday, April 25th. Finally, Morgan Stanley lowered their price objective on PepsiCo from $168.00 to $153.00 and set an "equal weight" rating on the stock in a research note on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $160.69.
Check Out Our Latest Stock Report on PEP
About Representative Johnson
Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024.
Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.
About PepsiCo
(
Get Free Report)
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.
Further Reading
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