PepsiCo, Inc. $PEP Shares Sold by Mizuho Markets Americas LLC

Mizuho Markets Americas LLC lessened its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 84.2% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 40,380 shares of the company’s stock after selling 215,562 shares during the quarter. Mizuho Markets Americas LLC’s holdings in PepsiCo were worth $6,271,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Brighton Jones LLC raised its position 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 purchasing an additional 6,574 shares in the last quarter. Caxton Associates LLP acquired a new position in shares of PepsiCo during the first quarter worth about $251,000. Sivia Capital Partners LLC increased its stake in shares of 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 buying an additional 3,790 shares during the period. Schnieders Capital Management LLC. raised its holdings in PepsiCo by 10.1% in the second quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company’s stock valued at $5,039,000 after acquiring an additional 3,502 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in PepsiCo by 45.5% in the second quarter. Sei Investments Co. now owns 536,133 shares of the company’s stock worth $70,789,000 after acquiring an additional 167,707 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. UBS Group set a $159.00 price objective on shares of PepsiCo in a research report on Thursday, July 9th. BNP Paribas Exane lowered their target price on shares of PepsiCo from $195.00 to $183.00 and set an “outperform” rating for the company in a research note on Wednesday, July 8th. Citigroup cut PepsiCo from a “buy” rating to a “neutral” rating and cut their price target for the company from $170.00 to $145.00 in a research note on Friday, July 10th. Rothschild & Co Redburn lifted their price target on PepsiCo from $130.00 to $132.00 in a report on Monday, May 11th. Finally, Morgan Stanley lowered their price objective on PepsiCo from $180.00 to $160.00 and set an “equal weight” rating for the company in a research report on Friday, July 10th. Seven investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $157.90.

PepsiCo Stock Down 0.5%

PEP opened at $134.95 on Friday. The business’s 50-day simple moving average is $142.36 and its 200-day simple moving average is $151.03. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.74 and a current ratio of 0.93. PepsiCo, Inc. has a one year low of $133.73 and a one year high of $171.48. The stock has a market capitalization of $184.19 billion, a P/E ratio of 17.69, a price-to-earnings-growth ratio of 2.98 and a beta of 0.36.

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

PepsiCo Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th will be issued a $1.48 dividend. This represents a $5.92 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, September 4th. PepsiCo’s dividend payout ratio is presently 77.59%.

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.