Poehling Capital Management INC. Has $11.82 Million Stake in PepsiCo, Inc. $PEP

Poehling Capital Management INC. lifted its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 8.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,129 shares of the company’s stock after purchasing an additional 5,780 shares during the quarter. PepsiCo accounts for 2.5% of Poehling Capital Management INC.’s portfolio, making the stock its 8th largest position. Poehling Capital Management INC.’s holdings in PepsiCo were worth $11,822,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in PepsiCo by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company’s stock worth $19,875,205,000 after acquiring an additional 1,612,652 shares in the last quarter. State Street Corp increased its holdings in shares of PepsiCo by 1.8% in the third quarter. State Street Corp now owns 59,499,819 shares of the company’s stock worth $8,356,155,000 after acquiring an additional 1,079,970 shares in the last quarter. Auto Owners Insurance Co lifted its holdings in shares of PepsiCo by 14,857.8% during the 4th quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company’s stock valued at $7,068,777,000 after purchasing an additional 48,923,629 shares in the last quarter. Geode Capital Management LLC grew its position in shares of PepsiCo by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 33,617,937 shares of the company’s stock valued at $4,814,835,000 after purchasing an additional 360,936 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in PepsiCo by 1.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 28,090,426 shares of the company’s stock worth $4,031,646,000 after purchasing an additional 295,955 shares in the last quarter. Institutional investors own 73.07% of the company’s stock.

Key PepsiCo News

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

Wall Street Analysts Forecast Growth

PEP has been the topic of several research analyst reports. Wells Fargo & Company dropped their target price on shares of PepsiCo from $160.00 to $150.00 and set an “equal weight” rating on the stock in a report on Friday, June 5th. HSBC raised their price objective on shares of PepsiCo from $175.00 to $176.00 and gave the stock a “hold” rating in a report on Friday, April 17th. Piper Sandler cut their price objective on shares of PepsiCo from $181.00 to $178.00 and set an “overweight” rating on the stock in a research report on Friday, June 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PepsiCo in a research note on Wednesday, April 8th. Finally, Citigroup dropped their price target on PepsiCo from $182.00 to $170.00 and set a “buy” rating on the stock in a research note on Thursday. Eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, PepsiCo has a consensus rating of “Hold” and an average target price of $166.85.

PepsiCo Stock Performance

PEP opened at $141.39 on Friday. The business’s 50-day simple moving average is $148.40 and its 200 day simple moving average is $152.01. PepsiCo, Inc. has a 52-week low of $128.11 and a 52-week high of $171.48. 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 firm has a market capitalization of $193.25 billion, a PE ratio of 22.20, a PEG ratio of 2.78 and a beta of 0.35.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings results on Wednesday, April 15th. The company reported $1.61 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $18.89 billion. During the same quarter in the previous year, the firm earned $1.48 EPS. The business’s quarterly revenue was up 8.5% on a year-over-year basis. As a group, sell-side analysts expect that PepsiCo, Inc. will post 8.62 earnings per share for the current fiscal year.

PepsiCo Increases Dividend

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

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.