Villere ST Denis J & Co. LLC Reduces Holdings in PepsiCo, Inc. $PEP

Villere ST Denis J & Co. LLC lowered its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 4.2% in the first quarter, HoldingsChannel reports. The firm owned 138,308 shares of the company’s stock after selling 6,025 shares during the period. PepsiCo comprises about 2.4% of Villere ST Denis J & Co. LLC’s portfolio, making the stock its 24th largest holding. Villere ST Denis J & Co. LLC’s holdings in PepsiCo were worth $21,478,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC raised its position in shares of PepsiCo by 12.4% during the 4th quarter. Brighton Jones LLC now owns 59,392 shares of the company’s stock valued at $9,031,000 after acquiring an additional 6,574 shares in the last quarter. Caxton Associates LLP bought a new position in PepsiCo in the 1st quarter worth about $251,000. Sivia Capital Partners LLC increased its position in PepsiCo by 138.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company’s stock valued at $862,000 after acquiring an additional 3,790 shares during the period. Schnieders Capital Management LLC. raised its stake in shares of PepsiCo by 10.1% during the second quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company’s stock valued at $5,039,000 after purchasing an additional 3,502 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in shares of PepsiCo by 45.5% in the 2nd 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 period. Institutional investors own 73.07% of the company’s stock.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s Q2 revenue topped Wall Street estimates, supported by stronger international growth and improved volumes in some markets.
• Positive Sentiment: The company reaffirmed its full-year guidance, which can help reassure investors that the turnaround plan is still on track.
• Positive Sentiment: PepsiCo’s long dividend track record remains a draw for income investors, with the company continuing its streak of annual increases.
• Neutral Sentiment: Several firms, including RBC, TD Cowen, Wells Fargo, Citi, and others, lowered price targets after the report, but most still kept neutral or hold-type ratings. Citi Analyst Downgrades PepsiCo Stock (PEP) Despite Q2 Beat, Slashes Target by 15%
• Neutral Sentiment: Analysts remain split between PepsiCo’s dividend/stability appeal and concerns about valuation, margin pressure, and a slow U.S. recovery. PepsiCo’s $200 Billion Stability Play Is Attracting Dividend Investors
• Negative Sentiment: Investors are worried that soft North American snack and beverage demand, plus higher commodity and fuel costs, could keep earnings momentum muted.
• Negative Sentiment: Media coverage compared PepsiCo unfavorably with Coca-Cola, highlighting market-share pressure and a more difficult turnaround narrative for PEP shares.

Analyst Ratings Changes

Several research analysts recently weighed in on PEP shares. Deutsche Bank Aktiengesellschaft set a $155.00 target price on PepsiCo in a research note on Friday. UBS Group set a $159.00 price target on shares of PepsiCo in a report on Thursday. Rothschild & Co Redburn boosted their target price on shares of PepsiCo from $130.00 to $132.00 in a report on Monday, May 11th. Barclays cut their target price on shares of PepsiCo from $144.00 to $138.00 and set an “equal weight” rating for the company in a research note on Friday. Finally, Jefferies Financial Group decreased their price target on shares of PepsiCo from $162.00 to $152.00 and set a “hold” rating on the stock in a research report on Friday. Seven research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $157.70.

PepsiCo Trading Down 0.3%

PEP stock traded down $0.48 during mid-day trading on Friday, reaching $137.38. 9,071,253 shares of the stock traded hands, compared to its average volume of 9,517,085. The stock’s fifty day moving average is $145.42 and its 200-day moving average is $151.46. The company has a market cap of $187.77 billion, a P/E ratio of 21.57, a P/E/G ratio of 2.78 and a beta of 0.36. The company has a current ratio of 0.93, a quick ratio of 0.72 and a debt-to-equity ratio of 1.91. PepsiCo, Inc. has a 52-week low of $133.75 and a 52-week high of $171.48.

PepsiCo (NASDAQ:PEP) last released its quarterly 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. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The business had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. During the same quarter in the previous year, the business earned $0.92 earnings per share. The firm’s 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. As a group, sell-side analysts expect that PepsiCo, Inc. will post 8.62 earnings per share for the current year.

PepsiCo Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th were issued a $1.48 dividend. The ex-dividend date was Friday, June 5th. This is an increase from PepsiCo’s previous quarterly dividend of $1.42. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.3%. PepsiCo’s dividend payout ratio is currently 92.94%.

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.