Arkadios Wealth Advisors Has $3.05 Million Holdings in PepsiCo, Inc. $PEP

Arkadios Wealth Advisors boosted its stake in PepsiCo, Inc. (NASDAQ:PEP) by 3.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,127 shares of the company’s stock after buying an additional 847 shares during the quarter. Arkadios Wealth Advisors’ holdings in PepsiCo were worth $3,054,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. JSF Financial LLC boosted its stake in PepsiCo by 3.8% in the 2nd quarter. JSF Financial LLC now owns 1,897 shares of the company’s stock valued at $250,000 after buying an additional 69 shares in the last quarter. Dogwood Wealth Management LLC boosted its stake in PepsiCo by 15.4% in the 2nd quarter. Dogwood Wealth Management LLC now owns 539 shares of the company’s stock valued at $73,000 after buying an additional 72 shares in the last quarter. Joel Isaacson & Co. LLC boosted its stake in PepsiCo by 0.5% in the 2nd quarter. Joel Isaacson & Co. LLC now owns 16,507 shares of the company’s stock valued at $2,180,000 after buying an additional 74 shares in the last quarter. Bull Street Advisors LLC boosted its stake in PepsiCo by 0.4% in the 2nd quarter. Bull Street Advisors LLC now owns 19,902 shares of the company’s stock valued at $2,628,000 after buying an additional 74 shares in the last quarter. Finally, Guardian Wealth Advisors LLC increased its holdings in PepsiCo by 1.6% during the 2nd quarter. Guardian Wealth Advisors LLC now owns 4,562 shares of the company’s stock valued at $602,000 after purchasing an additional 74 shares in the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Stock Up 1.0%

NASDAQ PEP opened at $147.55 on Friday. The stock has a fifty day moving average of $145.87 and a 200-day moving average of $139.73. The stock has a market capitalization of $201.75 billion, a P/E ratio of 28.05, a price-to-earnings-growth ratio of 3.56 and a beta of 0.46. PepsiCo, Inc. has a 52 week low of $127.60 and a 52 week high of $167.96. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.72 and a current ratio of 0.91.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings data on Thursday, October 9th. The company reported $2.29 EPS for the quarter, topping analysts’ consensus estimates of $2.26 by $0.03. PepsiCo had a return on equity of 57.58% and a net margin of 7.82%.The business had revenue of $23.94 billion during the quarter, compared to analysts’ expectations of $23.91 billion. During the same period in the previous year, the firm earned $2.31 earnings per share. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. PepsiCo has set its FY 2025 guidance at 8.120-8.120 EPS. On average, equities research analysts forecast that PepsiCo, Inc. will post 8.3 EPS for the current year.

Analyst Upgrades and Downgrades

PEP has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price target on PepsiCo from $157.00 to $151.00 and set a “neutral” rating for the company in a report on Monday, October 6th. Cowen reaffirmed a “hold” rating on shares of PepsiCo in a report on Thursday, July 17th. Rothschild & Co Redburn raised their price target on PepsiCo from $115.00 to $117.00 and gave the company a “sell” rating in a report on Monday, October 13th. HSBC raised their price target on PepsiCo from $145.00 to $152.00 and gave the company a “hold” rating in a report on Friday, October 10th. Finally, UBS Group dropped their price target on PepsiCo from $175.00 to $170.00 and set a “buy” rating for the company in a report on Thursday, September 11th. Seven analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, PepsiCo presently has an average rating of “Hold” and a consensus price target of $156.95.

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.