Intellus Advisors LLC Invests $564,000 in PepsiCo, Inc. $PEP

Intellus Advisors LLC acquired a new position in shares of PepsiCo, Inc. (NASDAQ:PEP) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 3,931 shares of the company’s stock, valued at approximately $564,000.

Several other institutional investors have also bought and sold shares of the stock. United Bank lifted its holdings in PepsiCo by 3.9% in the fourth quarter. United Bank now owns 1,717 shares of the company’s stock worth $246,000 after purchasing an additional 65 shares during the period. Koa Wealth Management LLC lifted its holdings in PepsiCo by 0.9% in the fourth quarter. Koa Wealth Management LLC now owns 8,007 shares of the company’s stock worth $1,149,000 after purchasing an additional 68 shares during the period. Facet Wealth Inc. lifted its holdings in PepsiCo by 3.2% in the third quarter. Facet Wealth Inc. now owns 2,221 shares of the company’s stock worth $312,000 after purchasing an additional 69 shares during the period. Delta Asset Management LLC TN lifted its holdings in PepsiCo by 0.6% in the third quarter. Delta Asset Management LLC TN now owns 11,000 shares of the company’s stock worth $1,545,000 after purchasing an additional 70 shares during the period. Finally, Westside Investment Management Inc. lifted its holdings in PepsiCo by 2.8% in the third quarter. Westside Investment Management Inc. now owns 2,602 shares of the company’s stock worth $366,000 after purchasing an additional 70 shares during the period. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Price Performance

Shares of NASDAQ PEP opened at $148.85 on Friday. PepsiCo, Inc. has a twelve month low of $127.60 and a twelve month high of $171.48. The firm has a 50-day moving average of $154.36 and a two-hundred day moving average of $152.47. The company has a market capitalization of $203.44 billion, a price-to-earnings ratio of 23.37, a PEG ratio of 2.71 and a beta of 0.38. The company has a current ratio of 0.90, a quick ratio of 0.72 and a debt-to-equity ratio of 1.98.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings data on Wednesday, April 15th. The company reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.55 by $0.06. PepsiCo had a return on equity of 56.61% and a net margin of 9.15%.The company had revenue of $19.44 billion during the quarter, compared to the consensus estimate of $18.89 billion. During the same quarter in the prior year, the firm earned $1.48 EPS. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. As a group, analysts expect that PepsiCo, Inc. will post 8.63 earnings per share for the current fiscal year.

PepsiCo announced that its board has approved a share repurchase plan on Tuesday, February 3rd that permits the company to buyback $10.00 billion in shares. This buyback authorization permits the company to purchase up to 4.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

PepsiCo Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th will be given a dividend of $1.48 per share. This is a boost from PepsiCo’s previous quarterly dividend of $1.42. The ex-dividend date is Friday, June 5th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.0%. PepsiCo’s payout ratio is currently 89.32%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on PEP shares. 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. Argus upgraded PepsiCo to a “hold” rating in a research report on Tuesday, February 17th. BNP Paribas Exane upped their target price on PepsiCo from $191.00 to $195.00 and gave the stock an “outperform” rating in a research report on Friday, April 17th. Barclays upped their target price on PepsiCo from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Monday, April 20th. Finally, Piper Sandler upped their target price on PepsiCo from $172.00 to $181.00 and gave the stock an “overweight” rating in a research report on Thursday, March 12th. Eight analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $170.11.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo and Varun Beverages extended their exclusive bottling agreement in India through 2049, giving PepsiCo greater distribution stability and more flexibility to grow in a key international market.
• Positive Sentiment: PepsiCo announced new growth initiatives in Asia-Pacific and a regenerated agriculture partnership with LDC, both of which support the company’s sustainability efforts and supply-chain resilience.
• Positive Sentiment: PepsiCo continues to push product innovation, including a new functional ready-to-drink tea, which may help offset slowing demand in some core snack categories.
• Neutral Sentiment: PepsiCo India plans to invest about Rs 5,700 crore by 2030 to expand capacity, a sign of confidence in demand but also a longer-term capital commitment.
• Neutral Sentiment: Analyst commentary and recent features suggest PepsiCo still has a credible growth story thanks to pricing power, distribution scale, and expansion into better-for-you products, but these articles do not point to a near-term earnings surprise.
• Negative Sentiment: Reports that PepsiCo is raising prices on smaller chip bags highlight rising costs in the business and could increase consumer pushback, potentially pressuring volume growth.
• Negative Sentiment: Cost inflation remains a concern, and the need for selective price increases suggests PepsiCo is still facing margin pressure in its U.S. snack business.

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.