Hussman Strategic Advisors Inc. Has $5.12 Million Holdings in PepsiCo, Inc. $PEP

Hussman Strategic Advisors Inc. boosted its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 260.0% during the second quarter, Holdings Channel.com reports. The fund owned 37,800 shares of the company’s stock after acquiring an additional 27,300 shares during the period. PepsiCo comprises 1.2% of Hussman Strategic Advisors Inc.’s investment portfolio, making the stock its largest position. Hussman Strategic Advisors Inc.’s holdings in PepsiCo were worth $5,118,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PEP. Cypress Capital Management LLC WY grew its holdings in shares of PepsiCo by 8.3% during the 4th quarter. Cypress Capital Management LLC WY now owns 838 shares of the company’s stock worth $121,000 after purchasing an additional 64 shares in the last quarter. United Bank raised its stake in PepsiCo by 3.9% in the fourth quarter. United Bank now owns 1,717 shares of the company’s stock valued at $246,000 after purchasing an additional 65 shares in the last quarter. Onyx Bridge Wealth Group LLC lifted its position in PepsiCo by 2.5% during the first quarter. Onyx Bridge Wealth Group LLC now owns 2,673 shares of the company’s stock worth $415,000 after purchasing an additional 66 shares during the period. Wilkerson Advisory Group LLC grew its stake in PepsiCo by 3.3% during the first quarter. Wilkerson Advisory Group LLC now owns 2,040 shares of the company’s stock worth $317,000 after buying an additional 66 shares in the last quarter. Finally, Richards Merrill & Peterson Inc. increased its holdings in PepsiCo by 3.6% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 1,938 shares of the company’s stock valued at $301,000 after buying an additional 67 shares during the period. 73.07% of the stock is owned by institutional investors and hedge funds.

Insider Activity at PepsiCo

In related news, EVP David Flavell sold 2,900 shares of the firm’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 sale, the executive vice president owned 74,825 shares of the company’s stock, valued at $10,441,080.50. This trade represents a 3.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.12% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on PEP. BNP Paribas Exane dropped their target price on shares of PepsiCo from $195.00 to $183.00 and set an “outperform” rating for the company in a research report on Wednesday, July 8th. Morgan Stanley decreased their price objective on shares of PepsiCo from $180.00 to $160.00 and set an “equal weight” rating on the stock in a research note on Friday, July 10th. JPMorgan Chase & Co. lowered their price objective on shares of PepsiCo from $178.00 to $170.00 and set an “overweight” rating for the company in a research report on Wednesday, July 1st. Rothschild & Co Redburn raised their target price on PepsiCo from $130.00 to $132.00 in a report on Monday, May 11th. Finally, TD Cowen decreased their price target on PepsiCo from $150.00 to $145.00 and set a “hold” rating on the stock in a research note on Friday, July 10th. Seven analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $157.90.

PepsiCo Trading Up 1.7%

PEP opened at $142.58 on Thursday. The company has a market cap of $194.61 billion, a P/E ratio of 18.69, a PEG ratio of 3.08 and a beta of 0.35. 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 company’s 50 day moving average is $140.07 and its 200-day moving average is $150.43. PepsiCo, Inc. has a 1-year low of $133.73 and a 1-year high of $171.48.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings data on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.19 by $0.01. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The business had revenue of $24.18 billion during the quarter, compared to analysts’ expectations of $23.95 billion. During the same period in the prior year, the company earned $0.92 EPS. The firm’s quarterly revenue 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 predict that PepsiCo, Inc. will post 8.57 earnings per share for the current fiscal year.

PepsiCo Announces Dividend

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 dividend of $1.48 per share. The ex-dividend date is Friday, September 4th. This represents a $5.92 annualized dividend and a dividend yield of 4.2%. PepsiCo’s dividend payout ratio is 77.59%.

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.