Shares of PepsiCo, Inc. (NASDAQ:PEP – Get Free Report) have received an average rating of “Hold” from the nineteen research firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, fourteen have given a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $157.93.
Several analysts have recently issued reports on the company. Wells Fargo & Company increased their price objective on PepsiCo from $140.00 to $154.00 and gave the company an “equal weight” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of PepsiCo in a research note on Thursday. Bank of America cut their price target on PepsiCo from $150.00 to $145.00 and set a “neutral” rating on the stock in a research note on Friday, July 11th. Morgan Stanley raised their price target on PepsiCo from $153.00 to $165.00 and gave the company an “equal weight” rating in a research note on Friday. Finally, UBS Group cut their target price on PepsiCo from $175.00 to $169.00 and set a “buy” rating on the stock in a research report on Friday, April 25th.
View Our Latest Report on PepsiCo
PepsiCo Price Performance
PepsiCo (NASDAQ:PEP – Get Free Report) last issued its quarterly earnings results on Thursday, July 17th. The company reported $2.12 EPS for the quarter, topping analysts’ consensus estimates of $2.03 by $0.09. PepsiCo had a return on equity of 57.81% and a net margin of 8.23%. The business had revenue of $22.73 billion during the quarter, compared to analysts’ expectations of $22.28 billion. During the same quarter in the prior year, the business posted $2.28 earnings per share. The business’s quarterly revenue was up 1.0% on a year-over-year basis. On average, equities research analysts predict that PepsiCo will post 8.3 EPS for the current year.
PepsiCo Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 6th were issued a dividend of $1.4225 per share. This is an increase from PepsiCo’s previous quarterly dividend of $1.36. The ex-dividend date of this dividend was Friday, June 6th. This represents a $5.69 annualized dividend and a yield of 3.97%. PepsiCo’s dividend payout ratio is 103.64%.
Institutional Investors Weigh In On PepsiCo
Large investors have recently bought and sold shares of the stock. Nova Wealth Management Inc. acquired a new position in PepsiCo in the first quarter valued at approximately $25,000. WealthTrak Capital Management LLC acquired a new position in PepsiCo in the fourth quarter valued at approximately $28,000. Elite Financial Inc. acquired a new position in PepsiCo in the first quarter valued at approximately $28,000. Legend Financial Advisors Inc. acquired a new position in PepsiCo in the second quarter valued at approximately $29,000. Finally, Prudent Man Investment Management Inc. bought a new stake in shares of PepsiCo during the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 73.07% of the company’s stock.
PepsiCo Company Profile
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.
See Also
- Five stocks we like better than PepsiCo
- The How And Why of Investing in Oil Stocks
- PepsiCo Bottomed Out—Time to Chugalug This Blue-Chip Buy?
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Is J.B. Hunt Stock a Sleeping Giant Heading Into 2026?
- 5 discounted opportunities for dividend growth investors
- These 3 Rare Earth Stocks Are Surging Alongside MP Materials
Receive News & Ratings for PepsiCo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PepsiCo and related companies with MarketBeat.com's FREE daily email newsletter.