Ibex Investors LLC Takes Position in PepsiCo, Inc. $PEP

Ibex Investors LLC purchased a new stake in PepsiCo, Inc. (NASDAQ:PEP) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,100 shares of the company’s stock, valued at approximately $435,000. PepsiCo comprises 0.4% of Ibex Investors LLC’s holdings, making the stock its 10th biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. JCIC Asset Management Inc. acquired a new position in shares of PepsiCo during the third quarter worth approximately $27,000. Evolution Wealth Management Inc. bought a new position in PepsiCo in the 2nd quarter worth approximately $27,000. Vermillion & White Wealth Management Group LLC lifted its holdings in PepsiCo by 107.1% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 234 shares of the company’s stock worth $31,000 after buying an additional 121 shares in the last quarter. Halbert Hargrove Global Advisors LLC boosted its position in PepsiCo by 667.7% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock valued at $33,000 after buying an additional 207 shares during the last quarter. Finally, Frazier Financial Advisors LLC increased its stake in shares of PepsiCo by 85.3% in the 2nd quarter. Frazier Financial Advisors LLC now owns 265 shares of the company’s stock valued at $35,000 after buying an additional 122 shares during the period. Institutional investors own 73.07% of the company’s stock.

PepsiCo Stock Performance

Shares of PEP stock opened at $166.97 on Wednesday. The stock has a market cap of $228.19 billion, a PE ratio of 27.83, a price-to-earnings-growth ratio of 3.18 and a beta of 0.40. The stock has a 50-day moving average of $148.36 and a 200-day moving average of $146.63. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.85 and a quick ratio of 0.67. PepsiCo, Inc. has a one year low of $127.60 and a one year high of $170.75.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $2.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.24 by $0.02. The firm had revenue of $29.34 billion during the quarter, compared to analysts’ expectations of $28.96 billion. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The business’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.96 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, sell-side analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo announced that its board has approved a share buyback program on Tuesday, February 3rd that allows the company to buyback $10.00 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 4.7% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.

PepsiCo Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 6th will be paid a dividend of $1.4225 per share. This represents a $5.69 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Friday, March 6th. PepsiCo’s dividend payout ratio (DPR) is presently 94.83%.

Analysts Set New Price Targets

PEP has been the topic of several recent research reports. Loop Capital set a $164.00 price target on PepsiCo in a report on Thursday, October 23rd. Evercore ISI upped their target price on shares of PepsiCo from $152.00 to $165.00 in a research report on Wednesday, February 4th. DZ Bank upgraded shares of PepsiCo from a “hold” rating to a “buy” rating and set a $167.00 price target for the company in a research report on Tuesday, October 21st. JPMorgan Chase & Co. boosted their price target on shares of PepsiCo from $164.00 to $176.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Finally, Rothschild & Co Redburn raised their price objective on shares of PepsiCo from $120.00 to $130.00 and gave the company a “sell” rating in a research note on Tuesday. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $167.68.

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.