Stoneridge Investment Partners LLC Purchases Shares of 4,016 PepsiCo, Inc. $PEP

Stoneridge Investment Partners LLC acquired a new stake in PepsiCo, Inc. (NASDAQ:PEP) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 4,016 shares of the company’s stock, valued at approximately $560,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Evergreen Advisors LLC bought a new position in PepsiCo during the first quarter worth about $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in PepsiCo in the fourth quarter valued at approximately $26,000. Swiss RE Ltd. acquired a new stake in shares of PepsiCo in the fourth quarter valued at approximately $28,000. Atlatl Advisers LLC bought a new position in shares of PepsiCo during the 2nd quarter worth approximately $31,000. Finally, Imprint Wealth LLC acquired a new position in shares of PepsiCo during the 3rd quarter worth approximately $31,000. 73.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

PEP has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft set a $155.00 price objective on shares of PepsiCo in a research report on Friday, July 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PepsiCo in a report on Monday, July 6th. UBS Group set a $159.00 price target on shares of PepsiCo in a research note on Thursday, July 9th. JPMorgan Chase & Co. cut their price objective on shares of PepsiCo from $178.00 to $170.00 and set an “overweight” rating for the company in a research report on Wednesday, July 1st. Finally, Barclays boosted their price objective on PepsiCo from $138.00 to $142.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Seven investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $157.90.

PepsiCo Trading Up 1.0%

Shares of PEP stock opened at $143.48 on Friday. The stock has a market cap of $195.83 billion, a P/E ratio of 18.80, a price-to-earnings-growth ratio of 3.15 and a beta of 0.35. PepsiCo, Inc. has a 1 year low of $133.73 and a 1 year high of $171.48. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91. The stock has a 50 day simple moving average of $140.02 and a 200 day simple moving average of $150.30.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings data on Thursday, July 9th. The company reported $2.20 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.01. The firm had revenue of $24.18 billion for the quarter, compared to analyst estimates 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 quarter last year, the company earned $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, research analysts predict that PepsiCo, Inc. will post 8.57 earnings per share for the current fiscal year.

PepsiCo Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be given a $1.48 dividend. The ex-dividend date is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.1%. PepsiCo’s dividend payout ratio (DPR) is presently 77.59%.

Insider Buying and Selling

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

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.