<div id="readability-page-1"><p>Johnson Financial Group Inc. lowered its position in  PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 7.7% during the second quarter, according to the company in its most recent filing with the Securities &amp; Exchange Commission. The fund owned 26,255 shares of the company's stock after selling 2,184 shares during the period. Johnson Financial Group Inc.'s holdings in PepsiCo were worth $3,467,000 as of its most recent SEC filing.</p><ul><li>Why Costco Stock May Struggle Even as Its Business Thrives</li></ul><p>A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Claris Advisors LLC MO lifted its position in  PepsiCo by 14.1% during the second quarter. Claris Advisors LLC MO now owns 2,490 shares of the company's stock valued at $329,000 after purchasing an additional 308 shares during the period.  Foster Group Inc. raised its stake in shares of  PepsiCo by 4.6% during the 2nd quarter. Foster Group Inc. now owns 5,169 shares of the company's stock valued at $683,000 after buying an additional 229 shares during the last quarter.  Merit Financial Group LLC lifted its holdings in shares of  PepsiCo by 46.4% in the 2nd quarter. Merit Financial Group LLC now owns 114,344 shares of the company's stock valued at $15,098,000 after buying an additional 36,239 shares during the period.  Fulton Bank N.A. boosted its stake in shares of  PepsiCo by 2.5% in the second quarter. Fulton Bank N.A. now owns 25,309 shares of the company's stock worth $3,342,000 after buying an additional 620 shares during the last quarter.  Finally, Naples Global Advisors LLC grew its holdings in  PepsiCo by 2.3% during the second quarter. Naples Global Advisors LLC now owns 26,270 shares of the company's stock worth $3,469,000 after acquiring an additional 592 shares during the period. Hedge funds and other institutional investors own  73.07% of the company's stock. </p><h2>PepsiCo Stock Performance</h2><p>PEP opened at $147.98 on Thursday. The firm's fifty day simple moving average is $145.72 and its two-hundred day simple moving average is $140.85. PepsiCo, Inc. has a 52-week low of $127.60 and a 52-week high of $165.13. The company has a market cap of $202.34 billion, a price-to-earnings ratio of 28.13, a PEG ratio of 3.56 and a beta of 0.45. The company has a quick ratio of 0.72, a current ratio of 0.91 and a debt-to-equity ratio of 2.26. </p><ul><li>Keurig Dr Pepper in the Buy Zone: It's Time to Build a Position</li></ul><p>PepsiCo (NASDAQ:PEP - Get Free Report) last released its earnings results on Wednesday, October 8th. The company reported $2.29 EPS for the quarter, topping analysts' consensus estimates of $2.26 by $0.03. The business had revenue of $23.94 billion during the quarter, compared to analysts' expectations of $23.91 billion. PepsiCo had a net margin of 7.82% and a return on equity of 57.58%. The company's quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.31 earnings per share.  Equities analysts anticipate that  PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year. </p><h2>PepsiCo Dividend Announcement</h2><p>The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 6th. Stockholders of record on Friday, December 5th will be given a $1.4225 dividend. This represents a $5.69 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Friday, December 5th. PepsiCo's dividend payout ratio (DPR) is 108.17%. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>PepsiCo’s Deep Discount Will Soon Evaporate: Buy It While You Can</li></ul><p>A number of brokerages have issued reports on PEP. Loop Capital  set a $164.00 price target on PepsiCo in a report on Thursday, October 23rd. The Goldman Sachs Group lifted their target price on shares of PepsiCo from $165.00 to $167.00 and gave the company a &#34;buy&#34; rating in a report on Friday, October 10th. Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of PepsiCo in a report on Tuesday, October 14th. Royal Bank Of Canada cut their price objective on shares of PepsiCo from $146.00 to $145.00 and set a &#34;sector perform&#34; rating for the company in a report on Monday, September 15th. Finally, Barclays increased their target price on shares of PepsiCo from $140.00 to $142.00 and gave the stock an &#34;equal weight&#34; rating in a research note on Friday, October 10th. Seven equities research analysts have rated the stock with a Buy rating, fourteen have assigned  a Hold rating and one  has assigned  a Sell rating to the stock. According to MarketBeat.com, PepsiCo  has a consensus rating of &#34;Hold&#34; and a consensus target price of $156.90.</p><p><b>Check Out Our Latest Research Report on PepsiCo</b></p><h2>PepsiCo Profile</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>Featured Stories</h2><ul><li>Five stocks we like better than PepsiCo</li><li>How to Use the MarketBeat Dividend Calculator</li><li>Tesla Just Got Called a “Must Own” Stock—Here’s Why</li><li>Diversification Can Smooth Returns And Mitigate Portfolio Risk</li><li>Why Gold Loves Trump as Much as Trump Loves Gold</li><li>What is a Bond Market Holiday? How to Invest and Trade</li><li>Google's Gemini 3 Sends Broadcom Soaring: TPUs Take Center Stage</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 reporting and unbiased coverage. 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>Johnson Financial Group Inc. reduced its stake in PepsiCo by 7.7% in Q2, selling 2,184 shares, now holding 26,255 shares worth $3.467 million. Other investors like Claris Advisors and Merit Financial Group adjusted their positions in PepsiCo. PepsiCo's stock opened at $147.98, with a market cap of $202.34 billion. Analysts have mixed ratings, with a consensus of "Hold." PepsiCo announced a quarterly dividend of $1.4225, payable on January 6th.</p>

Johnson Financial Group Inc. Sells 2,184 Shares of PepsiCo, Inc. $PEP