PepsiCo, Inc. $PEP Shares Acquired by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI increased its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 20.4% during the first quarter, Holdings Channel reports. The fund owned 409,078 shares of the company’s stock after acquiring an additional 69,179 shares during the quarter. PepsiCo makes up approximately 1.3% of Commerzbank Aktiengesellschaft FI’s investment portfolio, making the stock its 26th biggest position. Commerzbank Aktiengesellschaft FI’s holdings in PepsiCo were worth $63,526,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of PEP. Cypress Capital Management LLC WY grew its position in shares of PepsiCo by 8.3% in the fourth quarter. Cypress Capital Management LLC WY now owns 838 shares of the company’s stock valued at $121,000 after purchasing an additional 64 shares during the period. United Bank lifted its position in PepsiCo by 3.9% during the fourth quarter. United Bank now owns 1,717 shares of the company’s stock worth $246,000 after buying an additional 65 shares during the period. Onyx Bridge Wealth Group LLC boosted its stake in PepsiCo by 2.5% in the 1st quarter. Onyx Bridge Wealth Group LLC now owns 2,673 shares of the company’s stock worth $415,000 after buying an additional 66 shares during the last quarter. Richards Merrill & Peterson Inc. grew 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. Finally, Koa Wealth Management LLC increased its stake in shares of PepsiCo by 0.9% during the 4th quarter. Koa Wealth Management LLC now owns 8,007 shares of the company’s stock valued at $1,149,000 after acquiring an additional 68 shares during the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.

PepsiCo Stock Performance

PepsiCo stock opened at $135.46 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 fifty day moving average price is $143.25 and its 200 day moving average price is $151.20. The company has a market capitalization of $184.89 billion, a price-to-earnings ratio of 17.75, a price-to-earnings-growth ratio of 3.01 and a beta of 0.36. PepsiCo, Inc. has a 12-month low of $133.95 and a 12-month high of $171.48.

PepsiCo (NASDAQ:PEP) last announced its earnings results 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 return on equity of 54.63% and a net margin of 10.78%.The business had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. During the same period in the previous year, the company earned $0.92 earnings per share. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, research analysts forecast that PepsiCo, Inc. will post 8.58 EPS for the current fiscal year.

PepsiCo Announces Dividend

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

Wall Street Analyst Weigh In

PEP has been the topic of several research analyst reports. UBS Group set a $159.00 target price on shares of PepsiCo in a research report on Thursday, July 9th. HSBC upped their price target on shares of PepsiCo from $175.00 to $176.00 and gave the stock a “hold” rating in a research report on Friday, April 17th. Morgan Stanley lowered their price objective on shares of PepsiCo from $180.00 to $160.00 and set an “equal weight” rating for the company in a research note on Friday, July 10th. BNP Paribas Exane dropped their price objective on PepsiCo from $195.00 to $183.00 and set an “outperform” rating for the company in a report on Wednesday, July 8th. Finally, The Goldman Sachs Group increased their target price on PepsiCo from $180.00 to $183.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Seven research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $157.70.

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.