ABN Amro Investment Solutions Boosts Stock Position in PepsiCo, Inc. $PEP

ABN Amro Investment Solutions lifted its stake in PepsiCo, Inc. (NASDAQ:PEP) by 6.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 124,195 shares of the company’s stock after purchasing an additional 7,258 shares during the period. ABN Amro Investment Solutions’ holdings in PepsiCo were worth $19,286,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Evergreen Advisors LLC purchased a new stake in shares of PepsiCo in the 1st quarter valued at approximately $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of PepsiCo during the 4th quarter worth approximately $26,000. Swiss RE Ltd. acquired a new stake in PepsiCo in the 4th quarter valued at approximately $28,000. MH & Associates Securities Management Corp ADV purchased a new stake in PepsiCo in the fourth quarter valued at approximately $29,000. Finally, Networth Advisors LLC lifted its stake in PepsiCo by 2,857.1% during the first quarter. Networth Advisors LLC now owns 207 shares of the company’s stock worth $32,000 after purchasing an additional 200 shares in the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Stock Down 0.3%

Shares of NASDAQ PEP opened at $135.00 on Wednesday. The stock has a market cap of $184.26 billion, a P/E ratio of 17.69, a PEG ratio of 2.97 and a beta of 0.36. The business’s fifty day simple moving average is $142.91 and its 200-day simple moving average is $151.14. PepsiCo, Inc. has a 12-month low of $133.95 and a 12-month 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.

PepsiCo (NASDAQ:PEP) last released its earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, topping the consensus estimate of $2.19 by $0.01. The firm 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 revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, equities analysts predict that PepsiCo, Inc. will post 8.58 EPS for the current fiscal year.

PepsiCo Announces Dividend

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

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Piper Sandler set a $176.00 price objective on PepsiCo in a research note on Thursday, July 9th. Royal Bank Of Canada decreased their target price on PepsiCo from $163.00 to $161.00 and set a “sector perform” rating on the stock in a research note on Friday, July 10th. TD Cowen lowered their target price on PepsiCo from $150.00 to $145.00 and set a “hold” rating for the company in a report on Friday, July 10th. Evercore set a $150.00 price target on shares of PepsiCo in a research note on Thursday, July 9th. Finally, UBS Group set a $159.00 price target on shares of PepsiCo in a research report on Thursday, July 9th. Seven research 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’s stock. According to MarketBeat.com, PepsiCo currently has a consensus rating of “Hold” and an average target price of $157.90.

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.