<div id="readability-page-1"><p>Farther Finance Advisors LLC decreased its position in  PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 4.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 37,263 shares of the company's stock after selling 1,884 shares during the quarter. Farther Finance Advisors LLC's holdings in PepsiCo were worth $4,920,000 at the end of the most recent reporting period.</p><ul><li>Analysts Turn Bullish on Hershey—Is Pepsi the Next Value Play?</li></ul><p>A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PEP. Nova Wealth Management Inc. bought a new position in shares of  PepsiCo in the first quarter worth $25,000.  Elite Financial Inc. bought a new position in  PepsiCo during the 1st quarter valued at $28,000.  Sunbeam Capital Management LLC purchased a new stake in shares of  PepsiCo during the 4th quarter worth approximately $47,000.  MorganRosel Wealth Management LLC bought a new stake in  PepsiCo during the 1st quarter valued at $55,000.  Finally, Migdal Insurance &amp; Financial Holdings Ltd. purchased a new position in  PepsiCo during the first quarter worth about $58,000. 73.07% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Analysts Set New Price Targets</h2><p>A number of research analysts have issued reports on the stock. Bank of America reduced their price objective on shares of PepsiCo from $150.00 to $145.00 and set a &#34;neutral&#34; rating on the stock in a research report on Friday, July 11th. Cowen  reiterated a &#34;hold&#34; rating on shares of PepsiCo in a research note on Thursday, July 17th. Royal Bank Of Canada lowered their price target on PepsiCo from $146.00 to $145.00 and set a &#34;sector perform&#34; rating on the stock in a report on Monday, September 15th. Barclays raised their target price on shares of PepsiCo from $132.00 to $144.00 and gave the company an &#34;equal weight&#34; rating in a report on Monday, July 21st. Finally, Wells Fargo &amp; Company upped their target price on PepsiCo from $140.00 to $154.00 and gave the company an &#34;equal weight&#34; rating in a research note on Friday, July 18th. Four equities research analysts have rated the stock with a Buy rating, fourteen have issued  a Hold rating and one  has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of &#34;Hold&#34; and an average price target of $158.60.</p><ul><li>Why Rate Cuts May Not Put the Fizz Back in Pepsi’s Stock</li></ul><p><b>Check Out Our Latest Stock Report on PepsiCo</b></p><h2>PepsiCo Stock Performance</h2><p>PEP opened at $141.76 on Friday. The firm has a 50 day moving average of $144.39 and a two-hundred day moving average of $140.07. The firm has a market capitalization of $194.08 billion, a PE ratio of 25.82, a P/E/G ratio of 3.58 and a beta of 0.46. The company has a current ratio of 0.78, a quick ratio of 0.60 and a debt-to-equity ratio of 2.12. PepsiCo, Inc. has a 12-month low of $127.60 and a 12-month high of $177.50. </p><ul><li>Why Hedge Fund Elliott Bet $4B on Pepsi and Sees Over 50% Upside</li></ul><p>PepsiCo (NASDAQ:PEP - Get Free Report) last posted its quarterly earnings data on Thursday, July 17th. The company reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.03 by $0.09. PepsiCo had a return on equity of 57.81% and a net margin of 8.23%.The company had revenue of $22.73 billion for the quarter, compared to analysts' expectations of $22.28 billion. During the same period in the previous year, the firm posted $2.28 EPS. PepsiCo's revenue was up 1.0% compared to the same quarter last year.  PepsiCo has set its FY 2025 guidance at 8.038-8.038 EPS. On average, analysts anticipate that  PepsiCo, Inc. will post 8.3 EPS for the current year. </p><h2>PepsiCo Dividend Announcement</h2><p>The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, September 5th will be given a dividend of $1.4225 per share. The ex-dividend date of this dividend is Friday, September 5th. This represents a $5.69 annualized dividend and a yield of 4.0%. PepsiCo's dividend payout ratio  is 103.64%. </p><h2>About PepsiCo</h2> (Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than PepsiCo</li><li>What Are the FAANG Stocks and Are They Good Investments?</li><li>Caterpillar Stock Hits All-Time High—Is There More Room to Run?</li><li>Growth Stocks: What They Are, What They Are Not</li><li>Berkshire-Backed Lennar Slides After Weak Q3 Earnings</li><li>What is the NASDAQ Stock Exchange?</li><li>Analysts Turn Bullish on Hershey—Is Pepsi the Next Value Play?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UEVQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UEVQ"/></p><p><em>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 contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in PepsiCo Right Now?</h2><p>Before you consider PepsiCo, you'll want to hear this.</p><p>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.</p><p>While PepsiCo currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Farther Finance Advisors LLC reduced its stake in PepsiCo, Inc. (NASDAQ: PEP) by 4.8%, selling 1,884 shares in Q2, leaving them with 37,263 shares valued at $4.92 million. Analysts have mixed views on PepsiCo, with price targets ranging from $132 to $158.60. The company reported Q2 earnings of $2.12 EPS, exceeding estimates, and declared a quarterly dividend of $1.4225 per share, yielding 4.0%. PepsiCo's market cap stands at $194.08 billion, with a PE ratio of 25.82.</p>

Farther Finance Advisors LLC Sells 1,884 Shares of PepsiCo, Inc. $PEP