Barclays Cuts PepsiCo (NASDAQ:PEP) Price Target to $133.00

PepsiCo (NASDAQ:PEP) had its target price trimmed by Barclays from $142.00 to $133.00 in a research note released on Wednesday, MarketBeat Ratings reports. The brokerage currently has an equal weight rating on the stock.

Other equities analysts also recently issued research reports about the stock. Jefferies Financial Group set a $138.00 price objective on shares of PepsiCo in a research note on Tuesday. Sanford C. Bernstein set a $134.00 target price on PepsiCo in a research report on Friday, July 10th. UBS Group set a $159.00 target price on PepsiCo in a report on Thursday, July 9th. TD Cowen decreased their target price on PepsiCo from $145.00 to $133.00 and set a “hold” rating for the company in a research report on Monday. Finally, Piper Sandler set a $176.00 price target on PepsiCo in a research report on Thursday, July 9th. Five research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $151.00.

PepsiCo Stock Up 0.2%

PEP stock opened at $125.89 on Wednesday. The stock has a market cap of $171.83 billion, a P/E ratio of 16.50, a PEG ratio of 2.85 and a beta of 0.35. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91. PepsiCo has a twelve month low of $125.16 and a twelve month high of $171.48. The company’s 50 day moving average is $137.01 and its two-hundred day moving average is $144.04.

PepsiCo (NASDAQ:PEP) last issued its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.19 by $0.01. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The business had revenue of $24.18 billion during the quarter, compared to analysts’ expectations of $23.95 billion. During the same quarter in the prior year, the business posted $0.92 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Research analysts expect that PepsiCo will post 8.56 earnings per share for the current fiscal year.

PepsiCo Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th were issued a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Friday, September 4th. PepsiCo’s dividend payout ratio is presently 77.59%.

Insider Buying and Selling at PepsiCo

In other news, EVP David Flavell sold 2,900 shares of the stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $139.54, for a total transaction of $404,666.00. Following the completion of the sale, the executive vice president owned 74,825 shares in the company, valued at approximately $10,441,080.50. This represents a 3.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.12% of the company’s stock.

Institutional Trading of PepsiCo

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Core Capital Management & Research inc. acquired a new stake in PepsiCo in the second quarter valued at $932,000. First Nebraska Trust Co acquired a new position in shares of PepsiCo during the 1st quarter worth $10,782,000. IFM Investors Pty Ltd increased its holdings in shares of PepsiCo by 4.8% in the 1st quarter. IFM Investors Pty Ltd now owns 273,135 shares of the company’s stock valued at $42,415,000 after purchasing an additional 12,472 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of PepsiCo by 19.0% in the second quarter. The Manufacturers Life Insurance Company now owns 1,110,852 shares of the company’s stock valued at $150,409,000 after purchasing an additional 177,468 shares during the period. Finally, Kennon Green & Company LLC lifted its stake in shares of PepsiCo by 42.9% in the fourth quarter. Kennon Green & Company LLC now owns 36,571 shares of the company’s stock valued at $5,249,000 after purchasing an additional 10,985 shares during the period. 73.07% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: UBS maintained its Buy rating, arguing that PepsiCo’s slow North American recovery is already reflected in the valuation and creates an attractive medium-term risk/reward opportunity. PepsiCo recovery lags, but valuation remains attractive to UBS
• Positive Sentiment: PepsiCo may raise prices on Lay’s, Doritos and other products by year-end after reducing prices earlier this year. Price increases could help offset inflation and support revenue, although their effect on demand will be closely watched. PepsiCo raising chip and soda prices after February cuts
• Positive Sentiment: PepsiCo’s shares are viewed as relatively inexpensive after their year-to-date decline, and the company’s diversified portfolio—with food representing roughly 58% of 2025 revenue—could offer defensive appeal. PepsiCo Stock Looks Cheaper but Growth Remains the Catch
• Neutral Sentiment: PepsiCo and Monster Beverage are challenging India’s ban on using the “energy drink” label for high-caffeine products. A successful appeal could protect marketing and sales, but the lawsuit adds regulatory uncertainty in a growing market. PepsiCo, Monster challenge India energy drink label ban
• Negative Sentiment: UBS expects third-quarter EPS of $2.28, below the $2.30 consensus, while other previews warn that operational improvements may not be sufficient to reassure investors. Persistent North American weakness remains the main overhang. PepsiCo Reports Q3 Earnings Next Week
• Negative Sentiment: JPMorgan downgraded PepsiCo to Neutral and lowered expectations, reinforcing concerns about soft U.S. consumer demand and a recovery that may take longer than expected. JPMorgan downgrades PepsiCo to Neutral

About PepsiCo

PepsiCo, Inc (NASDAQ:PEP) is a global food and beverage company that develops, manufactures, markets and distributes a broad portfolio of snacks, drinks and convenient foods. Its beverage brands include Pepsi, Mountain Dew, Gatorade, 7UP in select markets, and bubly, while its food and snack brands include Lay’s, Doritos, Cheetos, Tostitos, Fritos, Quaker and Ruffles.

The company’s operations include beverage production and distribution, snack foods, convenient meals and nutrition-oriented products.