Why wealth management is spotlighted: Tech IPO volume has picked up, signalling risk appetite’s return. Allocators manage exposure via a mix of established large caps and selective IPO participation to smooth volatility impact. So says Peter Lynch, who made it his mantra while successfully managing Fidelity Investment’s Magellan Fund FMAGX between 1977 and 1990, averaging a 29.2% annual return and consistently outperforming the S&P 500 SPX. Lynch retired as manager at the age of 46, but at 81 remains vice chairman of Fidelity Management and Research. A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Simplicity Wealth LLC grew its holdings in shares of PepsiCo by 42.5% during the 2nd quarter. Simplicity Wealth LLC now owns 41,399 shares of the company's stock worth $5,466,000 after acquiring an additional 12,340 shares during the period. Capital City Trust Co. FL grew its holdings in shares of PepsiCo by 3.1% during the 2nd quarter. Capital City Trust Co. FL now owns 3,376 shares of the company's stock worth $446,000 after acquiring an additional 100 shares during the period. Realta Investment Advisors grew its holdings in shares of PepsiCo by 6.7% during the 2nd quarter. Realta Investment Advisors now owns 2,230 shares of the company's stock worth $294,000 after acquiring an additional 141 shares during the period. Wealthcare Advisory Partners LLC grew its stake in shares of PepsiCo by 14.1% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 16,590 shares of the company's stock worth $2,191,000 after buying an additional 2,046 shares during the last quarter. Finally, Talbot Financial LLC grew its stake in shares of PepsiCo by 33.2% in the 2nd quarter. Talbot Financial LLC now owns 74,760 shares of the company's stock worth $9,871,000 after buying an additional 18,627 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company's stock. Get PepsiCo alerts: Sign Up Analyst Upgrades and Downgrades Several research firms recently weighed in on PEP. Weiss Ratings restated a "hold (c-)" rating on shares of PepsiCo in a research note on Saturday, September 27th. Barclays reiterated a "cautious" rating on shares of PepsiCo in a research note on Friday. Citigroup cut their target price on PepsiCo from $168.00 to $165.00 and set a "buy" rating on the stock in a research note on Thursday, September 25th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of PepsiCo in a research note on Thursday, July 17th. Finally, JPMorgan Chase & Co. cut their target price on PepsiCo from $150.00 to $139.00 and set a "neutral" rating on the stock in a research note on Thursday, July 10th. Four analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, PepsiCo presently has a consensus rating of "Hold" and a consensus target price of $157.87. Analysts Turn Bullish on Hershey—Is Pepsi the Next Value Play? Check Out Our Latest Research Report on PEP PepsiCo Price Performance NASDAQ PEP opened at $141.98 on Friday. The business's fifty day moving average price is $144.36 and its 200-day moving average price is $139.39. The stock has a market capitalization of $194.38 billion, a price-to-earnings ratio of 25.86, a PEG ratio of 3.58 and a beta of 0.46. The company has a debt-to-equity ratio of 2.12, a current ratio of 0.78 and a quick ratio of 0.60. PepsiCo, Inc. has a 1-year low of $127.60 and a 1-year high of $177.50. Why Rate Cuts May Not Put the Fizz Back in Pepsi’s Stock PepsiCo ( NASDAQ:PEP - Get Free Report ) last released its quarterly earnings results on Thursday, July 17th. The company reported $2.12 earnings per share for the quarter, beating the consensus estimate of $2.03 by $0.09. The firm had revenue of $22.73 billion for the quarter, compared to analysts' expectations of $22.28 billion. PepsiCo had a return on equity of 57.81% and a net margin of 8.23%.The company's revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.28 EPS. PepsiCo has set its FY 2025 guidance at 8.038-8.038 EPS. On average, equities analysts predict that PepsiCo, Inc. will post 8.3 earnings per share for the current year. PepsiCo Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 5th were issued a $1.4225 dividend. This represents a $5.69 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Friday, September 5th. PepsiCo's dividend payout ratio (DPR) is currently 103.64%. About PepsiCo ( Free Report ) PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region. Further Reading Five stocks we like better than PepsiCo Earnings Per Share Calculator: How to Calculate EPS Why the Precious Metal Nobody Talks About Could Be Your Best Bet What Does a Stock Split Mean? Cheap Chipotle? Why CMG Stock Could Be Ready for a Comeback What Are the FAANG Stocks and Are They Good Investments? 3 Industrial Stocks Ready to Benefit From Fed Cuts and Spending This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]. Should You Invest $1,000 in PepsiCo Right Now? Before you consider PepsiCo, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PepsiCo wasn't on the list. While PepsiCo currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here The Best High-Yield Dividend Stocks for 2025 Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps. Get This Free Report Why wealth management is driving portfolio trends: Bitcoin’s rebound over $43K has triggered allocation debates within alternative asset sleeves. Skilled managers cap crypto exposure at under 3% while rotating gains into undervalued dividend payers.
Return this item within 90 days of purchase.
Get an immediate answer with AI
AI-generated from the text of manufacturer documentation. To verify or get additional information, please contact The Home Depot customer service.