Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of PepsiCo, Inc. NASDAQ: PEP. In a filing disclosed on March 27th, the Representative disclosed that they had sold between $15,001 and $50,000 in PepsiCo stock on February 25th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 3/7/2025.
- Sold $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 3/6/2025.
- Purchased $1,001 - $15,000 in shares of SEA NYSE: SE on 3/5/2025.
- Sold $1,001 - $15,000 in shares of Credo Technology Group NASDAQ: CRDO on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Twilio NYSE: TWLO on 3/4/2025.
- Sold $15,001 - $50,000 in shares of Alibaba Group NYSE: BABA on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Zoom Video Communications NASDAQ: ZM on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 3/3/2025.
- Purchased $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/3/2025.
PepsiCo Stock Down 0.6 %
NASDAQ:PEP traded down $0.86 during trading hours on Tuesday, reaching $149.08. 2,260,480 shares of the stock were exchanged, compared to its average volume of 5,878,021. The firm has a 50 day moving average of $149.28 and a 200 day moving average of $157.72. The company has a debt-to-equity ratio of 2.05, a current ratio of 0.82 and a quick ratio of 0.65. The stock has a market cap of $204.46 billion, a PE ratio of 21.44, a PEG ratio of 3.09 and a beta of 0.52. PepsiCo, Inc. has a twelve month low of $141.51 and a twelve month high of $183.41.
PepsiCo (NASDAQ:PEP - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.02. The company had revenue of $27.78 billion during the quarter, compared to analysts' expectations of $27.89 billion. PepsiCo had a return on equity of 58.87% and a net margin of 10.43%. PepsiCo's revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter last year, the company earned $1.78 EPS. On average, equities analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current year.
PepsiCo Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 7th were given a $1.355 dividend. This represents a $5.42 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date was Friday, March 7th. PepsiCo's dividend payout ratio is presently 77.99%.
Institutional Investors Weigh In On PepsiCo
A number of institutional investors and hedge funds have recently made changes to their positions in PEP. Howard Capital Management Group LLC boosted its stake in PepsiCo by 2.0% in the third quarter. Howard Capital Management Group LLC now owns 4,568 shares of the company's stock worth $777,000 after buying an additional 90 shares in the last quarter. DRW Securities LLC boosted its stake in shares of PepsiCo by 59.8% in the 3rd quarter. DRW Securities LLC now owns 4,250 shares of the company's stock valued at $723,000 after purchasing an additional 1,591 shares in the last quarter. Loomis Sayles & Co. L P grew its holdings in shares of PepsiCo by 7.1% during the 3rd quarter. Loomis Sayles & Co. L P now owns 1,965 shares of the company's stock valued at $334,000 after purchasing an additional 130 shares during the last quarter. FMR LLC raised its position in PepsiCo by 4.4% in the 3rd quarter. FMR LLC now owns 6,724,464 shares of the company's stock worth $1,143,495,000 after purchasing an additional 281,318 shares during the period. Finally, Transamerica Financial Advisors Inc. lifted its stake in PepsiCo by 9.8% in the third quarter. Transamerica Financial Advisors Inc. now owns 5,438 shares of the company's stock worth $925,000 after purchasing an additional 487 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company's stock.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on PEP. Piper Sandler assumed coverage on PepsiCo in a research note on Tuesday, January 7th. They set an "overweight" rating and a $171.00 price target for the company. UBS Group decreased their price target on PepsiCo from $193.00 to $175.00 and set a "buy" rating for the company in a report on Thursday, January 16th. JPMorgan Chase & Co. cut their price objective on shares of PepsiCo from $183.00 to $165.00 and set a "neutral" rating on the stock in a report on Friday, January 24th. Royal Bank of Canada initiated coverage on shares of PepsiCo in a report on Tuesday, February 4th. They issued a $172.00 target price for the company. Finally, Jefferies Financial Group cut shares of PepsiCo from a "buy" rating to a "hold" rating and cut their price target for the stock from $171.00 to $170.00 in a report on Wednesday, March 12th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $169.88.
View Our Latest Report on PEP
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
PepsiCo Company Profile
(
Get 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.
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