LaSalle St. Investment Advisors LLC Invests $485,000 in PepsiCo, Inc. $PEP

LaSalle St. Investment Advisors LLC bought a new position in PepsiCo, Inc. (NASDAQ:PEP) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,581 shares of the company’s stock, valued at approximately $485,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Evergreen Advisors LLC bought a new stake in shares of PepsiCo in the 1st quarter worth approximately $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in PepsiCo in the fourth quarter worth $26,000. Swiss RE Ltd. purchased a new stake in PepsiCo in the fourth quarter worth $28,000. Networth Advisors LLC boosted its holdings in PepsiCo by 2,857.1% in the first quarter. Networth Advisors LLC now owns 207 shares of the company’s stock valued at $32,000 after acquiring an additional 200 shares in the last quarter. Finally, Vermillion Wealth Management Inc. increased its position in PepsiCo by 99.1% during the 1st quarter. Vermillion Wealth Management Inc. now owns 217 shares of the company’s stock valued at $34,000 after purchasing an additional 108 shares during the period. Institutional investors own 73.07% of the company’s stock.

PepsiCo Trading Down 1.7%

PepsiCo stock opened at $139.72 on Friday. PepsiCo, Inc. has a 12 month low of $133.73 and a 12 month high of $171.48. The company has a market capitalization of $190.70 billion, a price-to-earnings ratio of 18.31, a price-to-earnings-growth ratio of 3.12 and a beta of 0.35. The business’s fifty day simple moving average is $139.87 and its two-hundred day simple moving average is $149.57. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, beating the consensus estimate of $2.19 by $0.01. The firm had revenue of $24.18 billion during the quarter, compared to the consensus estimate of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The company’s revenue was up 6.4% on a year-over-year basis. During the same period last year, the company earned $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, equities analysts predict that PepsiCo, Inc. will post 8.57 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th will be paid a $1.48 dividend. This represents a $5.92 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Friday, September 4th. PepsiCo’s dividend payout ratio is currently 77.59%.

Insider Activity at PepsiCo

In other news, EVP David Flavell sold 2,900 shares of the stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $139.54, for a total transaction of $404,666.00. Following the sale, the executive vice president owned 74,825 shares in the company, valued at $10,441,080.50. This represents a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.12% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on PEP shares. Barclays raised their target price on shares of PepsiCo from $138.00 to $142.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. UBS Group set a $159.00 price target on shares of PepsiCo in a research note on Thursday, July 9th. BNP Paribas Exane lowered their price objective on shares of PepsiCo from $195.00 to $183.00 and set an “outperform” rating for the company in a report on Wednesday, July 8th. Rothschild & Co Redburn increased their target price on PepsiCo from $130.00 to $132.00 in a research report on Monday, May 11th. Finally, Piper Sandler set a $176.00 price target on PepsiCo in a research report on Thursday, July 9th. Seven research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, PepsiCo has an average rating of “Hold” and a consensus price target of $157.90.

PepsiCo Company Profile

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.