Research Analysts’ Recent Ratings Updates for PepsiCo (PEP)

PepsiCo (NASDAQ: PEP) has recently received a number of price target changes and ratings updates:

• 1/17/2025 – PepsiCo had its price target lowered by analysts at Barclays PLC from $183.00 to $158.00. They now have an “overweight” rating on the stock.
• 1/16/2025 – PepsiCo had its price target lowered by analysts at UBS Group AG from $193.00 to $175.00. They now have a “buy” rating on the stock.
• 1/8/2025 – PepsiCo had its price target lowered by analysts at TD Cowen from $183.00 to $160.00. They now have a “hold” rating on the stock.
• 1/7/2025 – PepsiCo is now covered by analysts at Piper Sandler. They set an “overweight” rating and a $171.00 price target on the stock.
• 1/7/2025 – PepsiCo had its price target lowered by analysts at Wells Fargo & Company from $170.00 to $155.00. They now have an “equal weight” rating on the stock.
• 12/12/2024 – PepsiCo was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating. They now have a $184.00 price target on the stock, up previously from $179.00.

PepsiCo Stock Performance

Shares of PepsiCo stock opened at $148.55 on Wednesday. The company has a current ratio of 0.89, a quick ratio of 0.70 and a debt-to-equity ratio of 1.96. The business has a 50-day moving average price of $155.05 and a two-hundred day moving average price of $165.76. PepsiCo, Inc. has a 1-year low of $141.51 and a 1-year high of $183.41. The company has a market cap of $203.81 billion, a P/E ratio of 21.91, a PEG ratio of 2.74 and a beta of 0.54.

PepsiCo Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 6th. Stockholders of record on Friday, December 6th were paid a $1.355 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $5.42 annualized dividend and a dividend yield of 3.65%. PepsiCo’s dividend payout ratio is presently 79.94%.

Hedge Funds Weigh In On PepsiCo

Hedge funds have recently added to or reduced their stakes in the stock. Global Wealth Strategies & Associates lifted its position in shares of PepsiCo by 59.0% during the third quarter. Global Wealth Strategies & Associates now owns 159 shares of the company’s stock worth $27,000 after purchasing an additional 59 shares in the last quarter. Cross Staff Investments Inc lifted its position in shares of PepsiCo by 0.9% during the third quarter. Cross Staff Investments Inc now owns 7,080 shares of the company’s stock worth $1,204,000 after purchasing an additional 60 shares in the last quarter. Paulson Wealth Management Inc. lifted its position in shares of PepsiCo by 2.1% during the third quarter. Paulson Wealth Management Inc. now owns 2,986 shares of the company’s stock worth $508,000 after purchasing an additional 60 shares in the last quarter. LCM Capital Management Inc lifted its position in shares of PepsiCo by 0.8% during the third quarter. LCM Capital Management Inc now owns 7,573 shares of the company’s stock worth $1,288,000 after purchasing an additional 62 shares in the last quarter. Finally, Demars Financial Group LLC lifted its position in shares of PepsiCo by 1.1% during the third quarter. Demars Financial Group LLC now owns 5,721 shares of the company’s stock worth $973,000 after purchasing an additional 62 shares in the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

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.