Value Partners Investments Inc. Sells 5,000 Shares of PepsiCo, Inc. $PEP

Value Partners Investments Inc. trimmed its stake in PepsiCo, Inc. (NASDAQ:PEP) by 15.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,047 shares of the company’s stock after selling 5,000 shares during the period. Value Partners Investments Inc.’s holdings in PepsiCo were worth $4,205,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in PepsiCo in the fourth quarter worth approximately $26,000. Swiss RE Ltd. purchased a new stake in shares of PepsiCo in the 4th quarter worth $28,000. MH & Associates Securities Management Corp ADV purchased a new position in shares of PepsiCo during the fourth quarter valued at $29,000. Vermillion Wealth Management Inc. lifted its stake in PepsiCo by 99.1% in the first quarter. Vermillion Wealth Management Inc. now owns 217 shares of the company’s stock worth $34,000 after acquiring an additional 108 shares during the period. Finally, Imprint Wealth LLC bought a new position in PepsiCo during the 3rd quarter worth about $31,000. 73.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on PEP. Jefferies Financial Group set a $162.00 price target on shares of PepsiCo in a research report on Thursday. Bank of America reduced their price objective on shares of PepsiCo from $173.00 to $164.00 and set a “neutral” rating for the company in a research note on Thursday. The Goldman Sachs Group increased their target price on PepsiCo from $180.00 to $183.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Barclays boosted their price target on PepsiCo from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Monday, April 20th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on PepsiCo from $173.00 to $168.00 and set a “buy” rating for the company in a research note on Thursday, June 18th. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $166.85.

PepsiCo Price Performance

Shares of PEP opened at $141.39 on Friday. The company has a 50 day moving average of $148.40 and a two-hundred day moving average of $152.01. The company has a quick ratio of 0.72, a current ratio of 0.90 and a debt-to-equity ratio of 1.98. PepsiCo, Inc. has a twelve month low of $128.11 and a twelve month high of $171.48. The company has a market cap of $193.25 billion, a price-to-earnings ratio of 22.20, a price-to-earnings-growth ratio of 2.78 and a beta of 0.35.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Wednesday, April 15th. The company reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.55 by $0.06. The business had revenue of $19.44 billion for the quarter, compared to the consensus estimate of $18.89 billion. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The business’s quarterly revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.48 earnings per share. As a group, analysts predict that PepsiCo, Inc. will post 8.62 earnings per share for the current fiscal year.

PepsiCo Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, June 5th will be paid a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a yield of 4.2%. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. The ex-dividend date is Friday, June 5th. PepsiCo’s dividend payout ratio (DPR) is 92.94%.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s brand and growth efforts are getting fresh visibility, including marketing around “modern soda,” dirty-soda products, and broader consumer engagement. These trends could support beverage demand and help the company defend share in a changing soft-drink market.
• Positive Sentiment: Analyst support remains constructive overall: Citigroup kept a Buy rating even after trimming its price target to $170, implying meaningful upside from current levels. That helps reassure investors that the stock still looks attractively valued despite recent weakness.
• Positive Sentiment: PepsiCo continues to stand out as a diversified dividend stock, with coverage highlighting its 54-year streak of dividend growth. For income-oriented investors, that long track record can provide support ahead of earnings. Article Title

About PepsiCo

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.