8,675 Shares in PepsiCo, Inc. $PEP Acquired by Gerald Baker Financial Group LLC

Gerald Baker Financial Group LLC bought a new stake in PepsiCo, Inc. (NASDAQ:PEP) during the 1st quarter, Holdings Channel.com reports. The firm bought 8,675 shares of the company’s stock, valued at approximately $1,319,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. One Day In July LLC raised its holdings in PepsiCo by 10.2% during the 1st quarter. One Day In July LLC now owns 1,538 shares of the company’s stock worth $239,000 after purchasing an additional 142 shares during the last quarter. Thayer Partners LLC MA boosted its stake in shares of PepsiCo by 6.4% in the 1st quarter. Thayer Partners LLC MA now owns 2,343 shares of the company’s stock valued at $364,000 after purchasing an additional 141 shares during the last quarter. Independent Financial Group LLC acquired a new stake in shares of PepsiCo during the first quarter worth $4,841,000. Aware Super Pty Ltd as trustee of Aware Super bought a new position in PepsiCo during the first quarter worth $823,000. Finally, W.G. Shaheen & Associates DBA Whitney & Co lifted its holdings in PepsiCo by 7.3% in the first quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 13,434 shares of the company’s stock valued at $2,086,000 after buying an additional 915 shares during the period. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo India said first-half growth was robust and announced plans to build a new food manufacturing facility in Tamil Nadu, signaling continued expansion in a key international market. PepsiCo India sees robust growth in H1, will set up food manufacturing facility in Tamil Nadu
• Positive Sentiment: Management sounded cautiously optimistic about the second half, citing strong demand and saying PepsiCo is still maintaining its full-year outlook despite weather-related uncertainty and higher gas prices. PepsiCo cautiously optimistic on H2 amid robust demand, weather uncertainties: CEO
• Positive Sentiment: PepsiCo highlighted progress on sustainability, saying 70% of ingredients now come from sustainable sources and raising its target to 90% by 2030, which may support long-term brand and supply-chain positioning. PepsiCo (PEP) Pushes Sustainable Sourcing To 70% With A 90% Goal By 2030
• Neutral Sentiment: PepsiCo received continued attention from investors and analysts as a dividend and value stock, including a Seeking Alpha piece arguing for double-digit total return potential. PepsiCo: Dividend King With Double-Digit Total Return Potential
• Negative Sentiment: A Yahoo Finance report said U.S. grocery unit sales are falling, which is squeezing PepsiCo and other food companies and reinforces concerns about volume weakness in core markets. U.S. grocery unit sales falling, squeezing PepsiCo and food companies
• Negative Sentiment: Another report noted PepsiCo’s stock is at a 1-year low, reflecting broader investor concerns about slowing growth and the company’s recent mixed quarter. Why PepsiCo’s stock is at a 1-year low
• Negative Sentiment: RBC Capital reiterated a Sector Perform rating and trimmed its price target, suggesting analysts remain cautious after PepsiCo’s mixed results. RBC Capital Keeps Sector Perform Rating on PepsiCo (PEP)

PepsiCo Price Performance

Shares of NASDAQ PEP opened at $139.43 on Friday. The firm has a market capitalization of $190.31 billion, a P/E ratio of 18.27, a P/E/G ratio of 2.97 and a beta of 0.36. The firm’s 50-day moving average price is $143.88 and its 200-day moving average price is $151.31. 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, Inc. has a 1-year low of $134.65 and a 1-year high of $171.48.

PepsiCo (NASDAQ:PEP) last issued its earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, beating the consensus estimate of $2.19 by $0.01. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The company had revenue of $24.18 billion during the quarter, compared to the consensus estimate of $23.95 billion. During the same period last year, the business posted $0.92 EPS. The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Equities research analysts anticipate that PepsiCo, Inc. will post 8.58 earnings per share for the current fiscal year.

PepsiCo Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 5th were 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 of this dividend was Friday, June 5th. PepsiCo’s payout ratio is 77.59%.

Analyst Ratings Changes

PEP has been the subject of a number of recent analyst reports. Citigroup downgraded PepsiCo from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $170.00 to $145.00 in a report on Friday, July 10th. Wells Fargo & Company dropped their price objective 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. Rothschild & Co Redburn upped their target price on PepsiCo from $130.00 to $132.00 in a research report on Monday, May 11th. Sanford C. Bernstein set a $134.00 target price on PepsiCo in a report on Friday, July 10th. Finally, The Goldman Sachs Group boosted their price target 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 issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $157.70.

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.