DJE Kapital AG Acquires 56,459 Shares of PepsiCo, Inc. $PEP

DJE Kapital AG boosted its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 140.1% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 96,759 shares of the company’s stock after buying an additional 56,459 shares during the quarter. DJE Kapital AG’s holdings in PepsiCo were worth $15,166,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in PEP. Andra AP fonden raised its position in PepsiCo by 239.5% in the first quarter. Andra AP fonden now owns 278,094 shares of the company’s stock worth $43,185,000 after acquiring an additional 196,177 shares during the period. Summit Asset Management LLC grew its position in shares of PepsiCo by 1.7% during the 1st quarter. Summit Asset Management LLC now owns 7,059 shares of the company’s stock valued at $1,096,000 after acquiring an additional 117 shares during the period. Wilkerson Advisory Group LLC increased its stake in shares of PepsiCo by 3.3% during the 1st quarter. Wilkerson Advisory Group LLC now owns 2,040 shares of the company’s stock worth $317,000 after purchasing an additional 66 shares during the last quarter. Long Road Investment Counsel LLC raised its holdings in shares of PepsiCo by 5.4% in the 1st quarter. Long Road Investment Counsel LLC now owns 28,650 shares of the company’s stock worth $4,449,000 after purchasing an additional 1,466 shares during the period. Finally, Madison Asset Management LLC raised its holdings in shares of PepsiCo by 6.4% in the 1st quarter. Madison Asset Management LLC now owns 184,455 shares of the company’s stock worth $28,644,000 after purchasing an additional 11,164 shares during the period. Hedge funds and other institutional investors own 73.07% of the company’s stock.

PepsiCo Stock Performance

Shares of PEP opened at $135.46 on Tuesday. The company has a market cap of $184.89 billion, a PE ratio of 17.75, a price-to-earnings-growth ratio of 3.01 and a beta of 0.36. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91. The stock has a 50-day moving average price of $143.25 and a 200-day moving average price of $151.20. PepsiCo, Inc. has a 12-month low of $133.95 and a 12-month high of $171.48.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings data 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. The company had revenue of $24.18 billion for the quarter, compared to analysts’ expectations of $23.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. PepsiCo’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, equities analysts forecast that PepsiCo, Inc. will post 8.58 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. TD Cowen reduced their price objective on PepsiCo from $150.00 to $145.00 and set a “hold” rating for the company in a report on Friday, July 10th. Wells Fargo & Company lowered their target price on PepsiCo from $150.00 to $140.00 and set an “equal weight” rating on the stock in a research note on Friday, July 10th. Citigroup cut PepsiCo from a “buy” rating to a “neutral” rating and dropped their price target for the company from $170.00 to $145.00 in a research report on Friday, July 10th. Royal Bank Of Canada decreased their price objective on PepsiCo from $163.00 to $161.00 and set a “sector perform” rating for the company in a report on Friday, July 10th. Finally, The Goldman Sachs Group boosted their price objective on PepsiCo from $180.00 to $183.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Seven investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $157.70.

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.