PepsiCo (NASDAQ:PEP) Price Target Raised to $130.00

PepsiCo (NASDAQ:PEP) had its price objective hoisted by Rothschild & Co Redburn from $120.00 to $130.00 in a research note released on Tuesday morning,MarketScreener reports. Rothschild & Co Redburn currently has a sell rating on the stock.

PEP has been the subject of several other reports. Evercore ISI lifted their price objective on shares of PepsiCo from $152.00 to $165.00 in a research note on Wednesday, February 4th. DZ Bank upgraded shares of PepsiCo from a “hold” rating to a “buy” rating and set a $167.00 target price for the company in a research report on Tuesday, October 21st. Loop Capital set a $164.00 price target on PepsiCo in a research report on Thursday, October 23rd. Wall Street Zen lowered PepsiCo from a “buy” rating to a “hold” rating in a research note on Saturday, December 27th. Finally, Wells Fargo & Company upped their target price on PepsiCo from $154.00 to $165.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Eight investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $167.68.

PepsiCo Price Performance

NASDAQ PEP opened at $167.20 on Tuesday. The company has a market cap of $228.50 billion, a price-to-earnings ratio of 27.87, a PEG ratio of 3.22 and a beta of 0.40. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.85 and a quick ratio of 0.67. The stock’s fifty day moving average price is $149.19 and its 200 day moving average price is $146.93. PepsiCo has a 1 year low of $127.60 and a 1 year high of $171.48.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings results on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, beating the consensus estimate of $2.24 by $0.02. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The business had revenue of $29.34 billion for the quarter, compared to the consensus estimate of $28.96 billion. During the same quarter in the previous year, the business earned $1.96 EPS. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. As a group, equities research analysts forecast that PepsiCo will post 8.3 earnings per share for the current year.

PepsiCo Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 6th will be issued a $1.4225 dividend. This represents a $5.69 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Friday, March 6th. PepsiCo’s dividend payout ratio (DPR) is presently 94.83%.

PepsiCo announced that its Board of Directors has approved a stock repurchase plan on Tuesday, February 3rd that allows the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization allows the company to repurchase up to 4.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Institutional Investors Weigh In On PepsiCo

A number of institutional investors have recently added to or reduced their stakes in the stock. Norges Bank purchased a new stake in shares of PepsiCo during the fourth quarter worth about $3,018,813,000. Laurel Wealth Advisors LLC increased its stake in PepsiCo by 14,420.2% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,890,688 shares of the company’s stock worth $513,726,000 after buying an additional 3,863,893 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of PepsiCo by 120.7% during the third quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock valued at $830,902,000 after acquiring an additional 3,235,726 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of PepsiCo by 9.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 29,031,404 shares of the company’s stock valued at $3,833,406,000 after acquiring an additional 2,556,163 shares in the last quarter. Finally, Franklin Resources Inc. boosted its stake in shares of PepsiCo by 19.5% in the second quarter. Franklin Resources Inc. now owns 15,577,073 shares of the company’s stock worth $2,056,797,000 after acquiring an additional 2,541,455 shares during the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Recent earnings and brand momentum have driven a strong rally (up ~18–19% recently), supporting investor confidence in beverages, snacks and global growth. PepsiCo Up 18% in a Month
• Positive Sentiment: Analyst and buy-side narratives around dividend yield and income appeal have lifted interest in PEP as a dividend/quality play, helping the stock’s momentum this year. I Predicted That PepsiCo’s Dividend Yield Peaked
• Positive Sentiment: Barclays raised its price target after the earnings update (reflecting a post-earnings model tweak), signaling some analyst support even as they kept an Equal Weight stance. Price Target Increased to $160 at Barclays
• Neutral Sentiment: PepsiCo priced a €2.5 billion euro-denominated senior notes offering—a material financing event that is likely refinancing or liquidity-focused; watch maturity and coupon details for balance-sheet impact. PepsiCo Issues €2.5 Billion Senior Notes
• Neutral Sentiment: Macro/sector exposure via ETFs: Invesco’s PBJ ETF commentary highlights PepsiCo as a core, diversified food & beverage holding—useful context for passive flows into the name. After Stalling Out, PBJ May Be Finally Be Ready To Deliver
• Neutral Sentiment: Corporate features on leadership, inclusivity and “operating locally” signal long-term cultural/operational strengths but are unlikely to move the stock near term. How a PepsiCo exec is paving careers for women in supply chains
• Negative Sentiment: PepsiCo announced price cuts on some snack SKUs (reported ~15% on brands like Lay’s/Doritos), which could boost volumes but weigh on gross margins and near-term profitability if not offset by mix or cost savings. Brands like Lay’s, Doritos to get 15% cheaper

PepsiCo Company Profile

PepsiCo, Inc (NASDAQ: PEP) is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay’s, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.