Impact Capital Partners LLC Has $1.07 Million Stock Position in PepsiCo, Inc. $PEP

Impact Capital Partners LLC raised its stake in PepsiCo, Inc. (NASDAQ:PEP) by 1.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 8,105 shares of the company’s stock after buying an additional 92 shares during the period. Impact Capital Partners LLC’s holdings in PepsiCo were worth $1,070,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in PEP. Nova Wealth Management Inc. acquired a new stake in PepsiCo in the first quarter valued at approximately $25,000. Elite Financial Inc. acquired a new position in shares of PepsiCo during the first quarter worth $28,000. Legend Financial Advisors Inc. acquired a new position in shares of PepsiCo during the second quarter worth $29,000. Investment Research & Advisory Group Inc. lifted its holdings in shares of PepsiCo by 263.6% during the second quarter. Investment Research & Advisory Group Inc. now owns 320 shares of the company’s stock worth $42,000 after purchasing an additional 232 shares during the period. Finally, MorganRosel Wealth Management LLC acquired a new position in shares of PepsiCo during the first quarter worth $55,000. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Trading Up 0.2%

PEP opened at $140.44 on Wednesday. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $177.50. The company has a current ratio of 0.78, a quick ratio of 0.60 and a debt-to-equity ratio of 2.12. The company has a market cap of $192.27 billion, a P/E ratio of 25.58, a price-to-earnings-growth ratio of 3.54 and a beta of 0.46. The company has a fifty day moving average price of $144.49 and a two-hundred day moving average price of $139.54.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings results on Thursday, July 17th. The company reported $2.12 earnings per share for the quarter, beating the consensus estimate of $2.03 by $0.09. PepsiCo had a net margin of 8.23% and a return on equity of 57.81%. The firm had revenue of $22.73 billion during the quarter, compared to the consensus estimate of $22.28 billion. During the same period in the previous year, the firm posted $2.28 earnings per share. The business’s revenue was up 1.0% compared to the same quarter last year. PepsiCo has set its FY 2025 guidance at 8.038-8.038 EPS. Analysts predict that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th were paid a $1.4225 dividend. This represents a $5.69 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Friday, September 5th. PepsiCo’s payout ratio is 103.64%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on PEP. Citigroup cut their price target on shares of PepsiCo from $168.00 to $165.00 and set a “buy” rating on the stock in a report on Thursday, September 25th. Cowen reiterated a “hold” rating on shares of PepsiCo in a report on Thursday, July 17th. 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 report on Friday, July 18th. 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 report on Monday, July 21st. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of PepsiCo in a report on Thursday, July 17th. Four research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $158.13.

PepsiCo Company 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.