PepsiCo (NASDAQ:PEP – Get Free Report) had its price objective decreased by Royal Bank Of Canada from $165.00 to $163.00 in a research note issued on Thursday,MarketScreener reports. The firm presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price target would indicate a potential upside of 4.72% from the company’s previous close.
Several other equities analysts have also issued reports on PEP. Deutsche Bank Aktiengesellschaft cut their price objective on shares of PepsiCo from $176.00 to $169.00 and set a “buy” rating on the stock in a report on Monday, March 30th. HSBC lifted their price target on shares of PepsiCo from $152.00 to $175.00 and gave the stock a “hold” rating in a report on Thursday, February 5th. Barclays lifted their price target on shares of PepsiCo from $148.00 to $160.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. Evercore boosted their price objective on shares of PepsiCo from $152.00 to $165.00 in a report on Wednesday, February 4th. Finally, BNP Paribas Exane set a $191.00 target price on shares of PepsiCo in a research report on Wednesday, February 4th. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $168.47.
Get Our Latest Analysis on PEP
PepsiCo Trading Up 0.6%
PepsiCo (NASDAQ:PEP – Get Free Report) last issued its quarterly earnings results on Monday, February 2nd. The company reported $2.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.24 by $0.02. The business had revenue of $29.34 billion during the quarter, compared to analyst estimates of $28.96 billion. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.PepsiCo’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.96 EPS. On average, analysts predict that PepsiCo will post 8.3 EPS for the current fiscal year.
PepsiCo declared that its Board of Directors has authorized a share repurchase program on Tuesday, February 3rd that permits the company to repurchase $10.00 billion in shares. This repurchase authorization permits the company to buy up to 4.7% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.
Institutional Trading of PepsiCo
Several large investors have recently bought and sold shares of PEP. Cypress Capital Management LLC WY lifted its holdings in shares of PepsiCo by 8.3% in the 4th quarter. Cypress Capital Management LLC WY now owns 838 shares of the company’s stock worth $121,000 after acquiring an additional 64 shares during the last quarter. United Bank lifted its holdings in PepsiCo by 3.9% during the 4th quarter. United Bank now owns 1,717 shares of the company’s stock worth $246,000 after buying an additional 65 shares in the last quarter. Three Bridge Wealth Advisors LLC raised its holdings in shares of PepsiCo by 1.8% in the 3rd quarter. Three Bridge Wealth Advisors LLC now owns 3,870 shares of the company’s stock valued at $544,000 after purchasing an additional 68 shares in the last quarter. Koa Wealth Management LLC raised its holdings in shares of PepsiCo by 0.9% in the 4th quarter. Koa Wealth Management LLC now owns 8,007 shares of the company’s stock valued at $1,149,000 after purchasing an additional 68 shares in the last quarter. Finally, Pettinga Financial Advisors LLC grew its position in shares of PepsiCo by 3.8% in the 4th quarter. Pettinga Financial Advisors LLC now owns 1,880 shares of the company’s stock valued at $270,000 after buying an additional 68 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.
PepsiCo News Roundup
Here are the key news stories impacting PepsiCo this week:
- Positive Sentiment: New beverage rollout could lift U.S. volumes — PepsiCo is expanding Dirty Mountain Dew nationally, a product launch that supports beverage growth and cross‑category momentum. This helps offset weakness in snacks by targeting higher-margin beverage sales. Read More.
- Positive Sentiment: Sustainability and cost moves that can reduce operating risk — PepsiCo commissioned eight retrofitted electric trucks in India, a small but visible move on fleet efficiency and ESG that can lower long‑term transport costs and please ESG‑focused investors. Read More.
- Positive Sentiment: Major broker still constructive despite trimming targets — JPMorgan cut its price target slightly (176→172) but kept an Overweight rating, signaling continued analyst confidence in PepsiCo’s longer‑term upside. That help supports buying interest. Read More.
- Neutral Sentiment: Q1 expectations largely in line — Multiple broker notes (BofA, Zacks, TipRanks) expect PepsiCo to report roughly in‑line first‑quarter results, meaning limited earnings surprise risk but also limited upside from the print itself. Investors will focus on North America foods trends and geopolitical exposure. Read More.
- Neutral Sentiment: Mixed analyst and fair‑value revisions — Some firms have raised targets while others trimmed fair‑value estimates slightly, reflecting debate over how quickly volume recapture and price/mix normalization will show up. This creates a mixed analyst backdrop. Read More.
- Negative Sentiment: Pessimistic UBS outlook — UBS issued a bearish forecast for PEP, adding downside pressure by suggesting the recovery in snacks could be slower or more costly than some expect. Read More.
- Negative Sentiment: Snack pricing backlash has hit sales and market value — Multiple reports say pandemic‑era price increases (e.g., steep Doritos hikes) cost PepsiCo billions in lost sales and market cap; the company has started cutting Frito‑Lay prices, which may restore share but compress near‑term margins. Expect investor focus on how fast volumes recover versus margin erosion. Read More.
- Negative Sentiment: Customer and retail pushback, lost accounts — Coverage highlights Walmart and Marriott reactions and consumer resistance to high snack prices, signaling retail shelf and contract risks that could pressure PFNA sales until price/mix is fixed. Read More.
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.
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