MASTERINVEST Kapitalanlage GmbH Invests $10.81 Million in PepsiCo, Inc. $PEP

MASTERINVEST Kapitalanlage GmbH purchased a new position in PepsiCo, Inc. (NASDAQ:PEP) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 79,829 shares of the company’s stock, valued at approximately $10,809,000. PepsiCo comprises 0.9% of MASTERINVEST Kapitalanlage GmbH’s investment portfolio, making the stock its 20th largest position.

Several other large investors have also recently added to or reduced their stakes in the stock. Auto Owners Insurance Co lifted its stake in PepsiCo by 14,857.8% in the fourth quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company’s stock valued at $7,068,777,000 after buying an additional 48,923,629 shares during the last quarter. Norges Bank bought a new position in shares of PepsiCo during the fourth quarter worth about $3,018,813,000. Bank of America Corp DE bought a new stake in PepsiCo in the 2nd quarter valued at about $2,755,509,000. Legal & General Group Plc acquired a new position in PepsiCo during the 2nd quarter valued at about $1,200,274,000. Finally, Corient Private Wealth LP bought a new stake in shares of PepsiCo during the second quarter valued at approximately $297,116,000. 73.07% of the stock is owned by institutional investors and hedge funds.

Insider Activity

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

PepsiCo Stock Performance

Shares of PEP opened at $140.34 on Tuesday. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.93 and a quick ratio of 0.74. The firm’s 50 day moving average is $139.85 and its 200-day moving average is $149.20. PepsiCo, Inc. has a 12-month low of $133.73 and a 12-month high of $171.48. The stock has a market capitalization of $191.55 billion, a P/E ratio of 18.39, a P/E/G ratio of 3.10 and a beta of 0.35.

PepsiCo (NASDAQ:PEP) last released 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. The business had revenue of $24.18 billion during 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 business’s quarterly revenue was up 6.4% on a year-over-year basis. 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. Equities research analysts anticipate that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be issued 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, September 4th. PepsiCo’s payout ratio is presently 77.59%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of PepsiCo in a research report on Monday, July 6th. Evercore set a $150.00 price target on PepsiCo in a report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft set a $155.00 price objective on shares of PepsiCo in a research note on Friday, July 10th. Barclays increased their target price on shares of PepsiCo from $138.00 to $142.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. Finally, Rothschild & Co Redburn upped their price target on shares of PepsiCo from $130.00 to $132.00 in a research note on Monday, May 11th. Seven equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, PepsiCo has an average rating of “Hold” and an average price target of $157.90.

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.