Kingswood Wealth Advisors LLC Purchases 3,862 Shares of PepsiCo, Inc. $PEP

Kingswood Wealth Advisors LLC lifted its position in PepsiCo, Inc. (NASDAQ:PEPFree Report) by 29.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,784 shares of the company’s stock after buying an additional 3,862 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in PepsiCo were worth $2,409,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in PEP. JCIC Asset Management Inc. bought a new stake in PepsiCo during the third quarter worth approximately $27,000. MH & Associates Securities Management Corp ADV bought a new stake in PepsiCo during the fourth quarter worth approximately $29,000. Imprint Wealth LLC bought a new stake in PepsiCo during the third quarter worth approximately $31,000. Halbert Hargrove Global Advisors LLC boosted its position in PepsiCo by 667.7% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock worth $33,000 after purchasing an additional 207 shares during the period. Finally, Strategic Advocates LLC bought a new stake in PepsiCo during the third quarter worth approximately $33,000. Institutional investors own 73.07% of the company’s stock.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

PepsiCo Stock Down 0.7%

PEP stock opened at $153.79 on Thursday. PepsiCo, Inc. has a twelve month low of $127.60 and a twelve month high of $171.48. The company has a market cap of $210.20 billion, a PE ratio of 24.14, a price-to-earnings-growth ratio of 2.84 and a beta of 0.40. The business’s 50-day simple moving average is $159.05 and its 200 day simple moving average is $151.92. The company has a quick ratio of 0.72, a current ratio of 0.90 and a debt-to-equity ratio of 1.98.

PepsiCo (NASDAQ:PEPGet Free Report) last released its earnings results on Thursday, April 16th. The company reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.55 by $0.06. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The business had revenue of $19.44 billion for the quarter, compared to the consensus estimate of $18.89 billion. During the same period last year, the business earned $1.48 earnings per share. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.465-8.628 EPS. On average, research analysts anticipate that PepsiCo, Inc. will post 8.63 earnings per share for the current year.

PepsiCo Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 6th were paid a $1.4225 dividend. This represents a $5.69 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Friday, March 6th. PepsiCo’s dividend payout ratio is presently 89.32%.

PepsiCo declared that its Board of Directors has approved a share repurchase plan on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in shares. This repurchase authorization permits the company to purchase up to 4.7% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Analyst Ratings Changes

A number of equities research analysts have issued reports on PEP shares. Deutsche Bank Aktiengesellschaft upped their target price on PepsiCo from $169.00 to $173.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. TD Cowen upped their target price on PepsiCo from $162.00 to $165.00 and gave the stock a “hold” rating in a research report on Friday, February 20th. Morgan Stanley upped their price target on PepsiCo from $165.00 to $180.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. JPMorgan Chase & Co. upped their price target on PepsiCo from $172.00 to $178.00 and gave the stock an “overweight” rating in a report on Friday, April 17th. Finally, Wells Fargo & Company upped their price target on PepsiCo from $154.00 to $165.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $170.26.

View Our Latest Stock Report on PepsiCo

About PepsiCo

(Free Report)

PepsiCo, Inc (NASDAQ: PEP) is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay’s, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.

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Institutional Ownership by Quarter for PepsiCo (NASDAQ:PEP)

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