Sei Investments Co. Increases Holdings in PepsiCo, Inc. $PEP

Sei Investments Co. increased its position in PepsiCo, Inc. (NASDAQ:PEP) by 21.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 857,567 shares of the company’s stock after purchasing an additional 149,480 shares during the quarter. Sei Investments Co.’s holdings in PepsiCo were worth $133,176,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of PepsiCo by 12.4% during the fourth quarter. Brighton Jones LLC now owns 59,392 shares of the company’s stock valued at $9,031,000 after purchasing an additional 6,574 shares in the last quarter. Caxton Associates LLP bought a new position in PepsiCo in the first quarter worth approximately $251,000. Sivia Capital Partners LLC lifted its holdings in PepsiCo by 138.5% during the second quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company’s stock worth $862,000 after buying an additional 3,790 shares during the period. Schnieders Capital Management LLC. lifted its holdings in PepsiCo by 10.1% during the second quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company’s stock worth $5,039,000 after buying an additional 3,502 shares during the period. Finally, Main Street Financial Solutions LLC boosted its position in PepsiCo by 22.5% during the 2nd quarter. Main Street Financial Solutions LLC now owns 11,644 shares of the company’s stock valued at $1,537,000 after acquiring an additional 2,140 shares in the last quarter. 73.07% of the stock is owned by institutional investors.

PepsiCo Stock Down 0.5%

Shares of PEP stock opened at $134.95 on Friday. The stock’s fifty day moving average price is $142.36 and its 200 day moving average price is $151.03. PepsiCo, Inc. has a 1-year low of $133.73 and a 1-year high of $171.48. The company has a market cap of $184.19 billion, a price-to-earnings ratio of 17.69, a price-to-earnings-growth ratio of 2.98 and a beta of 0.36. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.93 and a quick ratio of 0.74.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.01. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The business had revenue of $24.18 billion during the quarter, compared to the consensus estimate of $23.95 billion. During the same quarter last year, the company earned $0.92 earnings per share. The company’s quarterly revenue was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, research analysts expect that PepsiCo, Inc. will post 8.58 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be given a dividend of $1.48 per share. This represents a $5.92 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Friday, September 4th. PepsiCo’s payout ratio is currently 77.59%.

Analyst Ratings Changes

Several research analysts have recently commented on PEP shares. Royal Bank Of Canada reduced their price target on PepsiCo from $163.00 to $161.00 and set a “sector perform” rating for the company in a research report on Friday, July 10th. Evercore set a $150.00 target price on PepsiCo in a research note on Thursday, July 9th. JPMorgan Chase & Co. reduced their target price on shares of PepsiCo from $178.00 to $170.00 and set an “overweight” rating for the company in a report on Wednesday, July 1st. Bank of America decreased their price target on shares of PepsiCo from $173.00 to $164.00 and set a “neutral” rating for the company in a research report on Thursday, June 25th. Finally, Morgan Stanley cut their price objective on shares of PepsiCo from $180.00 to $160.00 and set an “equal weight” rating on the stock in a research report on Friday, July 10th. Seven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $157.90.

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.