Marjorie Taylor Greene, serving Georgia's 14th congressional district, has amassed a fortune through stock trading over the years. According to Quiver Quantitative data, Greene has a personal net worth of £17 million ($22.5 million).
Her stock investments recently garnered the attention of investors after she made significant profits in a short span through multiple trades during the recent tariff-induced market crash. Greene maintains a diverse investment portfolio of stocks focusing on technology, financials, logistics, utility, and consumer discretionary sectors.
According to the latest periodic transaction report, Greene purchased shares of PepsiCo (NASDAQ:PEP) and Palantir Technologies (NASDAQ:PLTR). Each trade was worth between £756 ($1,000) and £11,347 ($15,000).
However, the biggest investment was in US Treasury Bills. Greene purchased up to £567,356 ($750,000) of US T-bills across three trades. Although T-bills have lower returns compared with corporate bonds and some deposit certificates, these instruments have almost zero default risk and provide stable income through fixed interest rates.
While the Palantir stock has jumped over 100% year-to-date, offering exceptional investor returns amid a growing pipeline of government contracts in the era of artificial intelligence, PepsiCo shares have struggled in this new decade, with the stock having gained only 3.7% in the past five years.
Greene's investment in PepsiCo came days before it posted strong Q2 earnings results and announced portfolio innovation, which could mark a turning point for the company. PepsiCo's Q2 adjusted earnings per share rose to £1.60 ($2.12) from £1.12 ($1.48) in Q1 on an acceleration in net revenue growth despite a challenging macroeconomic landscape. The company is focusing on portfolio innovation and cost optimisation activities to drive business momentum and global expansion.
Days later, the beverage company introduced the Pepsi Prebiotic Cola that contains no artificial sweeteners. PepsiCo claims the 30-calorie drink contains three grams of prebiotic fibre and five grams of cane sugar with the same 'classic crisp' taste of Pepsi. The innovation was planned to reflect the dynamic needs and flavour preferences of today's consumers. The 12-ounce single cans will be made available online this fall and at retail early next year.
Another important aspect of PepsiCo is that the company is a dividend aristocrat, meaning that it has hiked its dividend payouts for at least 25 consecutive years, offering regular income to stockholders. Morningstar estimated PepsiCo dividends to grow 6% annually through 2033.
In July, multiple brokerages, including UBS, Citi, Goldman Sachs, and Piper Sandler, reiterated their buy rating on the PepsiCo stock with 12-month price targets as high as £132 ($175), implying an upside of over 22% from current trading levels.
Elsewhere, brokerages like Loop Capital, Wedbush, and Piper Sandler had a buy rating on the Palantir stock with price targets as high as £134 ($178) per share, implying upside of over 12% from recent trading levels.
According to the alternative data platform, Quiver Quantitative, Greene's recent investments in PepsiCo and Palantir are already up 4.7% in the past two weeks.
Disclaimer: Our digital media content is for informational purposes only and not investment advice. Please conduct your own analysis or seek professional advice before investing. Remember, investments are subject to market risks and past performance doesn't indicate future returns.
