Magnolia Capital Advisors LLC Purchases Shares of 6,658 PepsiCo, Inc. $PEP

Magnolia Capital Advisors LLC acquired a new stake in PepsiCo, Inc. (NASDAQ:PEP) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 6,658 shares of the company’s stock, valued at approximately $901,000.

Several other hedge funds and other institutional investors have also modified their holdings of PEP. Brighton Jones LLC grew its holdings in PepsiCo by 12.4% in the 4th quarter. Brighton Jones LLC now owns 59,392 shares of the company’s stock valued at $9,031,000 after buying an additional 6,574 shares in the last quarter. Caxton Associates LLP bought a new stake in shares of PepsiCo in the first quarter valued at about $251,000. Sivia Capital Partners LLC increased its position in PepsiCo by 138.5% during the second quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company’s stock worth $862,000 after acquiring an additional 3,790 shares during the period. Schnieders Capital Management LLC. raised its stake in PepsiCo by 10.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company’s stock worth $5,039,000 after purchasing an additional 3,502 shares in the last quarter. Finally, Sei Investments Co. grew its position in shares of PepsiCo by 45.5% during the 2nd quarter. Sei Investments Co. now owns 536,133 shares of the company’s stock worth $70,789,000 after purchasing an additional 167,707 shares in the last quarter. Institutional investors own 73.07% of the company’s stock.

Insiders Place Their Bets

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the company’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $139.54, for a total value of $404,666.00. Following the completion of the transaction, the executive vice president owned 74,825 shares of the company’s stock, valued at $10,441,080.50. This represents a 3.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.12% of the stock is owned by corporate insiders.

PepsiCo Stock Down 0.5%

PEP stock opened at $140.34 on Tuesday. The firm has a 50-day moving average price of $139.85 and a 200-day moving average price of $149.20. PepsiCo, Inc. has a 12 month low of $133.73 and a 12 month high of $171.48. 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 market capitalization of $191.55 billion, a P/E ratio of 18.39, a price-to-earnings-growth ratio of 3.10 and a beta of 0.35.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.19 by $0.01. The company had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The firm’s revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, equities research analysts anticipate that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be issued a dividend of $1.48 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.92 annualized dividend and a dividend yield of 4.2%. PepsiCo’s dividend payout ratio (DPR) is 77.59%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on PEP. BNP Paribas Exane reduced their price target on PepsiCo from $195.00 to $183.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 8th. Wells Fargo & Company dropped their price target on PepsiCo from $150.00 to $140.00 and set an “equal weight” rating for the company in a research note on Friday, July 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PepsiCo in a research report on Monday, July 6th. Royal Bank Of Canada decreased their target price on shares of PepsiCo from $163.00 to $161.00 and set a “sector perform” rating on the stock in a report on Friday, July 10th. Finally, Rothschild & Co Redburn upped their price target on shares of PepsiCo from $130.00 to $132.00 in a report on Monday, May 11th. Seven research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $157.90.

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.