Beacon Financial Advisory LLC Purchases 6,599 Shares of PepsiCo, Inc. $PEP

Beacon Financial Advisory LLC increased its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 221.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,577 shares of the company’s stock after acquiring an additional 6,599 shares during the quarter. Beacon Financial Advisory LLC’s holdings in PepsiCo were worth $1,374,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Swiss RE Ltd. bought a new stake in shares of PepsiCo during the fourth quarter worth approximately $28,000. MH & Associates Securities Management Corp ADV bought a new position in PepsiCo in the fourth quarter valued at approximately $29,000. Imprint Wealth LLC acquired a new stake in PepsiCo during the 3rd quarter worth $31,000. Strategic Advocates LLC bought a new stake in shares of PepsiCo during the 3rd quarter valued at $33,000. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of PepsiCo in the 4th quarter valued at $33,000. 73.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on PEP. UBS Group dropped their price objective on PepsiCo from $190.00 to $186.00 and set a “buy” rating for the company in a report on Tuesday, April 7th. Evercore upped their price target on PepsiCo from $165.00 to $170.00 in a research note on Friday, April 17th. Barclays lifted their price objective on shares of PepsiCo from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Monday, April 20th. HSBC boosted their price objective on shares of PepsiCo from $175.00 to $176.00 and gave the company a “hold” rating in a report on Friday, April 17th. Finally, JPMorgan Chase & Co. increased their target price on shares of PepsiCo from $172.00 to $178.00 and gave the stock an “overweight” rating in a report on Friday, April 17th. Eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $167.35.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Unusual options activity showed traders buying far more call options than usual, suggesting some investors are positioning for a rebound in PepsiCo shares.
• Positive Sentiment: PepsiCo continues to draw investor interest as a dividend and defensive large-cap stock, and one article highlighted the company among broader “best stocks to buy” lists.
• Neutral Sentiment: PepsiCo is expanding into newer growth areas, including its House of Treats beverage platform for entertainment and hospitality venues, and a regenerative farming partnership that could support longer-term brand and supply-chain strength.
• Neutral Sentiment: The stock advanced in the latest session but still lagged the broader market, reflecting a mixed near-term backdrop rather than a strong catalyst-driven move.
• Negative Sentiment: Piper Sandler cut its price target on PepsiCo, adding to concerns that growth is slowing and that near-term upside may be limited. PepsiCo (PEP) Price Target Lowered at Piper Sandler. Here is Why
• Negative Sentiment: TD Cowen also lowered its price target and kept a Hold rating, while cutting its second-quarter organic growth forecast below consensus, reinforcing worries about softer sales momentum. PepsiCo (PEP) Gets Mixed Wall Street Reviews as Growth Challenges Persist
• Negative Sentiment: Additional reports noted more analyst price-target reductions for PepsiCo, signaling that Wall Street expectations are moving lower ahead of the next results update. PepsiCo (PEP) Advances But Underperforms Market: Key Facts

PepsiCo Price Performance

NASDAQ:PEP opened at $146.25 on Tuesday. PepsiCo, Inc. has a 52-week low of $127.60 and a 52-week high of $171.48. The company has a market cap of $199.89 billion, a P/E ratio of 22.96, a P/E/G ratio of 2.61 and a beta of 0.35. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.72 and a current ratio of 0.90. The stock’s 50-day simple moving average is $150.90 and its 200 day simple moving average is $152.42.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Wednesday, April 15th. The company reported $1.61 EPS for the quarter, beating the consensus estimate of $1.55 by $0.06. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The firm had revenue of $19.44 billion during the quarter, compared to analysts’ expectations of $18.89 billion. During the same period in the prior year, the firm posted $1.48 earnings per share. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. As a group, sell-side analysts forecast that PepsiCo, Inc. will post 8.63 EPS for the current fiscal year.

PepsiCo Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, June 5th will be given a dividend of $1.48 per share. This represents a $5.92 annualized dividend and a yield of 4.0%. This is an increase from PepsiCo’s previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, June 5th. PepsiCo’s payout ratio is currently 92.94%.

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.