PepsiCo (NASDAQ:PEP) Upgraded at Argus

Argus upgraded shares of PepsiCo (NASDAQ:PEP) to a hold rating in a research report sent to investors on Tuesday,Zacks.com reports.

Several other research analysts also recently issued reports on PEP. Wells Fargo & Company boosted their price objective on shares of PepsiCo from $154.00 to $165.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. HSBC lifted their price objective on PepsiCo from $152.00 to $175.00 and gave the stock a “hold” rating in a report on Thursday, February 5th. BNP Paribas Exane reaffirmed an “outperform” rating on shares of PepsiCo in a research report on Wednesday, February 4th. DZ Bank upgraded shares of PepsiCo from a “hold” rating to a “buy” rating and set a $167.00 price target for the company in a research note on Tuesday, October 21st. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $156.00 price objective on shares of PepsiCo in a report on Wednesday, February 4th. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $167.83.

PepsiCo Price Performance

PepsiCo stock opened at $164.59 on Tuesday. The business’s fifty day moving average is $150.96 and its two-hundred day moving average is $147.74. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.67 and a current ratio of 0.85. The firm has a market cap of $224.94 billion, a P/E ratio of 27.43, a P/E/G ratio of 3.13 and a beta of 0.40. PepsiCo has a 52 week low of $127.60 and a 52 week high of $171.48.

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

PepsiCo Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 6th will be given a $1.4225 dividend. This represents a $5.69 dividend on an annualized basis and a dividend yield of 3.5%. 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 has authorized a share 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 buy up to 4.7% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.

Hedge Funds Weigh In On PepsiCo

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Swiss RE Ltd. bought a new stake in shares of PepsiCo during the 4th quarter worth $28,000. JCIC Asset Management Inc. bought a new position in PepsiCo during the 3rd quarter worth approximately $27,000. MH & Associates Securities Management Corp ADV bought a new position in shares of PepsiCo in the 4th quarter worth about $29,000. Evolution Wealth Management Inc. bought a new position in shares of PepsiCo during the 2nd quarter worth approximately $27,000. Finally, Imprint Wealth LLC acquired a new stake in shares of PepsiCo during the 3rd quarter worth approximately $31,000. 73.07% of the stock is owned by institutional investors and hedge funds.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Federal court blocks a proposed class action over snack pricing, removing a sizable litigation overhang and potential damages exposure. PepsiCo, Frito-Lay win US court order
• Positive Sentiment: New product launches and portfolio shift toward “functional” and health-forward items (prebiotic cola, fiber snacks, hydration products) signal revenue diversification and potential margin upside as the company targets health-conscious consumers. PepsiCo plays ‘offense’ to transform portfolio
• Positive Sentiment: PepsiCo’s prebiotic soda has gone nationwide — broad distribution of an innovation-led SKU can drive incremental top-line and shows the company can scale new beverage concepts. Prebiotic soda nationwide
• Positive Sentiment: Mountain Dew’s Baja Blast named the official soft drink of MLB increases brand visibility and promotional tailwinds during the baseball season. Mountain Dew MLB deal
• Positive Sentiment: Marketing and creator-led product efforts (targeting Gen Z) and continued focus on fiber/hydration show PepsiCo pushing innovation and targeted marketing to sustain growth. Creator-led product launch Pursuing fiber and hydration
• Neutral Sentiment: PepsiCo’s CAGNY presentation and related slides provide investor detail on strategy and outlook — transparency helps sentiment but contains no major surprises. CAGNY presentation transcript
• Neutral Sentiment: Argus moved PEP to a “hold” (from unknown prior) — a mild endorsement but not a strong buy signal. Argus upgrade to hold
• Negative Sentiment: Zacks Research cut multiple near‑term and FY2027 EPS estimates, lowering quarterly forecasts across 2026–2027; that reduces near-term earnings visibility and may pressure valuation until growth from new products is proven. Zacks industry/estimate note
• Neutral Sentiment: Coverage notes and articles highlighting PepsiCo as a steady dividend grower reaffirm income-oriented investor interest (stable long-term thesis, less near-term impact). Dividend-grower coverage

About PepsiCo

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.