Union Bancaire Privee UBP SA grew its position in PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 11.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 36,883 shares of the company’s stock after purchasing an additional 3,840 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in PepsiCo were worth $5,728,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in the company. Cambient Family Office LLC grew its stake in shares of PepsiCo by 4.5% in the first quarter. Cambient Family Office LLC now owns 32,798 shares of the company’s stock valued at $5,093,000 after acquiring an additional 1,426 shares in the last quarter. River Street Advisors LLC raised its stake in PepsiCo by 25.5% in the 1st quarter. River Street Advisors LLC now owns 18,033 shares of the company’s stock worth $2,800,000 after purchasing an additional 3,669 shares in the last quarter. MBE Wealth Management LLC raised its stake in PepsiCo by 3.0% in the 1st quarter. MBE Wealth Management LLC now owns 7,427 shares of the company’s stock worth $1,153,000 after purchasing an additional 215 shares in the last quarter. Maridea Wealth Management LLC boosted its holdings in PepsiCo by 17.3% in the 1st quarter. Maridea Wealth Management LLC now owns 3,516 shares of the company’s stock valued at $545,000 after purchasing an additional 519 shares during the period. Finally, HF Advisory Group LLC grew its position in shares of PepsiCo by 11.4% during the 1st quarter. HF Advisory Group LLC now owns 23,617 shares of the company’s stock worth $3,667,000 after purchasing an additional 2,414 shares in the last quarter. 73.07% of the stock is owned by institutional investors and hedge funds.
PepsiCo Trading Up 1.3%
Shares of PEP opened at $141.39 on Friday. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.72 and a current ratio of 0.90. PepsiCo, Inc. has a 52-week low of $128.11 and a 52-week high of $171.48. The firm has a market cap of $193.25 billion, a price-to-earnings ratio of 22.20, a PEG ratio of 2.82 and a beta of 0.35. The business’s fifty day moving average is $148.40 and its 200-day moving average is $152.01.
PepsiCo Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders 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 dividend yield of 4.2%. The ex-dividend date is Friday, June 5th. This is an increase from PepsiCo’s previous quarterly dividend of $1.42. PepsiCo’s dividend payout ratio is 92.94%.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on the stock. BNP Paribas Exane lifted their price target on shares of PepsiCo from $191.00 to $195.00 and gave the company an “outperform” rating in a research report on Friday, April 17th. Citigroup reduced their price target on PepsiCo from $182.00 to $170.00 and set a “buy” rating on the stock in a research report on Thursday. Wells Fargo & Company dropped their price objective on PepsiCo from $160.00 to $150.00 and set an “equal weight” rating for the company in a report on Friday, June 5th. UBS Group cut their target price on PepsiCo from $190.00 to $186.00 and set a “buy” rating for the company in a research report on Tuesday, April 7th. Finally, Sanford C. Bernstein assumed coverage on PepsiCo in a report on Thursday, June 11th. They set a “market perform” rating and a $143.00 target price on the stock. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, PepsiCo presently has a consensus rating of “Hold” and a consensus price target of $166.85.
Check Out Our Latest Research Report on PEP
Key Headlines Impacting PepsiCo
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
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.
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