Portfolio Design Labs LLC Invests $1.39 Million in PepsiCo, Inc. $PEP

Portfolio Design Labs LLC acquired a new stake in shares of 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 acquired 10,268 shares of the company’s stock, valued at approximately $1,390,000.

A number of other institutional investors and hedge funds have also made changes to their positions in PEP. Evergreen Advisors LLC purchased a new stake in shares of PepsiCo during the 1st quarter worth $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of PepsiCo during the fourth quarter valued at about $26,000. Swiss RE Ltd. purchased a new position in shares of PepsiCo in the 4th quarter worth approximately $28,000. Networth Advisors LLC lifted its position in PepsiCo by 2,857.1% during 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 during the last quarter. Finally, Vermillion Wealth Management Inc. grew its holdings in PepsiCo by 99.1% in the first quarter. Vermillion Wealth Management Inc. now owns 217 shares of the company’s stock worth $34,000 after purchasing an additional 108 shares during the last quarter. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at PepsiCo

In related news, EVP David Flavell sold 2,900 shares of PepsiCo stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $139.54, for a total value of $404,666.00. Following the completion of the transaction, the executive vice president owned 74,825 shares in the company, valued at $10,441,080.50. The trade was a 3.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.12% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. BNP Paribas Exane lowered their price objective on PepsiCo from $195.00 to $183.00 and set an “outperform” rating for the company in a research report on Wednesday, July 8th. Weiss Ratings restated a “hold (c)” rating on shares of PepsiCo in a report on Monday, July 6th. Jefferies Financial Group lowered their target price on shares of PepsiCo from $162.00 to $152.00 and set a “hold” rating for the company in a research note on Friday, July 10th. TD Cowen dropped their price objective on shares of PepsiCo from $150.00 to $145.00 and set a “hold” rating on the stock in a report on Friday, July 10th. Finally, Barclays boosted their price target on PepsiCo from $138.00 to $142.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 21st. Seven research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, PepsiCo presently has an average rating of “Hold” and an average price target of $157.90.

PepsiCo Stock Performance

Shares of PEP stock opened at $139.72 on Friday. PepsiCo, Inc. has a 52-week low of $133.73 and a 52-week high of $171.48. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. The stock has a market cap of $190.70 billion, a PE ratio of 18.31, a price-to-earnings-growth ratio of 3.12 and a beta of 0.35. The business has a 50-day simple moving average of $139.87 and a 200-day simple moving average of $149.57.

PepsiCo (NASDAQ:PEP) last announced 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 company had revenue of $24.18 billion during the quarter, compared to analysts’ expectations of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.PepsiCo’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the business earned $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, equities analysts expect that PepsiCo, Inc. will post 8.57 EPS for the current year.

PepsiCo Announces Dividend

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 dividend of $1.48 per share. This represents a $5.92 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, September 4th. PepsiCo’s dividend payout ratio is presently 77.59%.

PepsiCo 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.