Roundview Capital LLC Sells 4,947 Shares of PepsiCo, Inc. $PEP

Roundview Capital LLC trimmed its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 15.0% during the second quarter, Holdings Channel reports. The institutional investor owned 27,991 shares of the company’s stock after selling 4,947 shares during the quarter. Roundview Capital LLC’s holdings in PepsiCo were worth $3,696,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in PEP. JSF Financial LLC increased its holdings in PepsiCo by 3.8% during the 2nd quarter. JSF Financial LLC now owns 1,897 shares of the company’s stock worth $250,000 after acquiring an additional 69 shares during the period. Dogwood Wealth Management LLC increased its holdings in PepsiCo by 15.4% during the 2nd quarter. Dogwood Wealth Management LLC now owns 539 shares of the company’s stock worth $73,000 after acquiring an additional 72 shares during the period. Centurion Wealth Management LLC increased its holdings in PepsiCo by 3.8% during the 2nd quarter. Centurion Wealth Management LLC now owns 2,068 shares of the company’s stock worth $273,000 after acquiring an additional 75 shares during the period. SK Wealth Management LLC increased its holdings in PepsiCo by 3.3% during the 2nd quarter. SK Wealth Management LLC now owns 2,375 shares of the company’s stock worth $319,000 after acquiring an additional 75 shares during the period. Finally, Pflug Koory LLC increased its holdings in PepsiCo by 1.0% during the 1st quarter. Pflug Koory LLC now owns 7,750 shares of the company’s stock worth $1,162,000 after acquiring an additional 76 shares during the period. 73.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have commented on PEP. Barclays reissued a “cautious” rating on shares of PepsiCo in a research note on Friday. Royal Bank Of Canada cut their price target on shares of PepsiCo from $146.00 to $145.00 and set a “sector perform” rating for the company in a research note on Monday, September 15th. Wells Fargo & Company cut their price target on shares of PepsiCo from $154.00 to $150.00 and set an “equal weight” rating for the company in a research note on Thursday, September 25th. Weiss Ratings reissued a “hold (c-)” rating on shares of PepsiCo in a research note on Saturday, September 27th. Finally, Bank of America cut their price target on shares of PepsiCo from $150.00 to $145.00 and set a “neutral” rating for the company in a research note on Friday, July 11th. Four research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $158.13.

PepsiCo Price Performance

Shares of PepsiCo stock opened at $139.70 on Tuesday. PepsiCo, Inc. has a 52-week low of $127.60 and a 52-week high of $177.50. The stock has a market capitalization of $191.26 billion, a price-to-earnings ratio of 25.45, a price-to-earnings-growth ratio of 3.58 and a beta of 0.46. The company has a fifty day moving average of $144.32 and a 200-day moving average of $139.30. 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 (NASDAQ:PEP) last announced its quarterly earnings data on Thursday, July 17th. The company reported $2.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.03 by $0.09. PepsiCo had a net margin of 8.23% and a return on equity of 57.81%. The company had revenue of $22.73 billion during the quarter, compared to analysts’ expectations of $22.28 billion. During the same quarter in the prior year, the company earned $2.28 EPS. The firm’s revenue was up 1.0% on a year-over-year basis. PepsiCo has set its FY 2025 guidance at 8.038-8.038 EPS. Equities research analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo Announces Dividend

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

PepsiCo 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.