PepsiCo (NASDAQ:PEP) Given New $135.00 Price Target at Wells Fargo & Company

by · The Markets Daily

PepsiCo (NASDAQ:PEP – Free Report) had its price objective cut by Wells Fargo & Company from $140.00 to $135.00 in a report released on Monday morning,Benzinga reports. They currently have an equal weight rating on the stock.

Other analysts have also issued research reports about the stock. UBS Group dropped their price target on shares of PepsiCo from $159.00 to $145.00 and set a “buy” rating on the stock in a research report on Friday. Morgan Stanley lowered their target price on shares of PepsiCo from $180.00 to $160.00 and set an “equal weight” rating on the stock in a research note on Friday, July 10th. Piper Sandler set a $176.00 target price on PepsiCo in a research report on Thursday, July 9th. Barclays reduced their price target on PepsiCo from $142.00 to $133.00 and set an “equal weight” rating for the company in a report on Wednesday, September 30th. Finally, Bank of America dropped their price objective on PepsiCo from $173.00 to $164.00 and set a “neutral” rating on the stock in a report on Thursday, June 25th. Five equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $150.75.

Read Our Latest Stock Report on PEP

PepsiCo Stock Down 0.2%

Shares of PEP stock opened at $125.65 on Monday. PepsiCo has a twelve month low of $124.21 and a twelve month high of $171.48. The stock has a market cap of $171.50 billion, a P/E ratio of 16.47, a P/E/G ratio of 2.86 and a beta of 0.35. The stock has a 50 day moving average of $136.72 and a 200 day moving average of $143.72. 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 (NASDAQ:PEP – Get Free Report) last released its quarterly earnings data on Thursday, July 9th. The company reported $2.20 EPS for the quarter, topping the consensus estimate of $2.19 by $0.01. The business had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The business’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, sell-side analysts expect that PepsiCo will post 8.56 EPS for the current year.

PepsiCo Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Friday, September 4th were paid a $1.48 dividend. This represents a $5.92 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Friday, September 4th. PepsiCo’s dividend payout ratio is currently 77.59%.

Insiders Place Their Bets

In other PepsiCo news, EVP David Flavell sold 2,900 shares of PepsiCo stock in a transaction on Monday, July 27th. The shares were sold at an average price of $139.54, for a total transaction of $404,666.00. Following the sale, the executive vice president owned 74,825 shares of the company’s stock, valued at $10,441,080.50. The trade was a 3.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.12% of the company’s stock.

Institutional Investors Weigh In On PepsiCo

A number of hedge funds have recently modified their holdings of PEP. Evergreen Advisors LLC purchased a new position in PepsiCo during the first quarter worth about $25,000. Montgomery Financial Services LLC acquired a new stake in shares of PepsiCo during the 2nd quarter worth approximately $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of PepsiCo during the 4th quarter worth approximately $26,000. Atlatl Advisers LLC purchased a new stake in shares of PepsiCo during the 2nd quarter valued at approximately $31,000. Finally, Osterweis Capital Management Inc. acquired a new stake in PepsiCo during the second quarter worth $31,000. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

  • Positive Sentiment: PepsiCo’s upcoming earnings report could provide a catalyst if the company delivers on expectations for revenue growth, international momentum and its full-year EPS outlook. Options markets currently imply an earnings-related move of roughly 3.75%. Zacks earnings preview
  • Positive Sentiment: Some investors continue to view PepsiCo’s dividend, diversified portfolio and defensive consumer-staples exposure as attractive after the recent decline, potentially limiting downside for long-term holders. Investor bullish case
  • Neutral Sentiment: PepsiCo is one of several major consumer companies reporting this week, making its results an important read-through for consumer spending, pricing power and demand trends across the sector. Consumer earnings calendar
  • Negative Sentiment: PepsiCo recalled approximately 122,000 cases of Gatorade sold across multiple states because of undeclared dyes. The recall could create limited financial costs and additional scrutiny, although the broader earnings impact is unclear. Gatorade recall report
  • Negative Sentiment: Analyst sentiment weakened after Wells Fargo cut its price target to $135 from $140 and maintained an Equal Weight rating. JPMorgan also downgraded PepsiCo to Neutral from Overweight, reinforcing concerns about near-term growth. Wells Fargo price-target cut
  • Negative Sentiment: Market commentary increasingly favors Coca-Cola over PepsiCo, citing stronger Diet Coke sales and concerns about Frito-Lay weakness, GLP-1-related changes in eating habits and competition from brands such as OLIPOP. Pepsi versus Coca-Cola analysis

About PepsiCo

(Get Free Report)

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.

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