PepsiCo (NASDAQ:PEP) Stock Price Down 2.2% – What’s Next?

13 Mar 2025, 19:35 by Teresa Graham · The Cerbat Gem

Shares of PepsiCo, Inc. (NASDAQ:PEP – Get Free Report) fell 2.2% on Tuesday . The stock traded as low as $151.80 and last traded at $152.85. 3,089,143 shares traded hands during mid-day trading, a decline of 43% from the average session volume of 5,457,455 shares. The stock had previously closed at $156.25.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on PEP. Citigroup cut their target price on shares of PepsiCo from $195.00 to $170.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. CICC Research reissued a “market perform” rating on shares of PepsiCo in a research note on Friday, February 7th. StockNews.com downgraded shares of PepsiCo from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. JPMorgan Chase & Co. lowered their price target on PepsiCo from $183.00 to $165.00 and set a “neutral” rating for the company in a report on Friday, January 24th. Finally, Evercore ISI lowered their price target on PepsiCo from $180.00 to $160.00 in a report on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $170.59.

Check Out Our Latest Report on PEP

PepsiCo Stock Performance

The company has a market capitalization of $203.45 billion, a PE ratio of 21.34, a PEG ratio of 3.09 and a beta of 0.52. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.65 and a current ratio of 0.82. The company has a 50 day moving average price of $148.82 and a 200 day moving average price of $160.37.

PepsiCo (NASDAQ:PEP – Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.02. PepsiCo had a return on equity of 58.87% and a net margin of 10.43%. The firm had revenue of $27.78 billion for the quarter, compared to analysts’ expectations of $27.89 billion. During the same period last year, the business posted $1.78 earnings per share. The firm’s revenue for the quarter was down .2% on a year-over-year basis. Equities analysts forecast that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 7th will be paid a $1.355 dividend. This represents a $5.42 dividend on an annualized basis and a yield of 3.65%. The ex-dividend date of this dividend is Friday, March 7th. PepsiCo’s payout ratio is 77.99%.

Institutional Investors Weigh In On PepsiCo

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in PepsiCo by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 133,371,504 shares of the company’s stock valued at $20,280,471,000 after buying an additional 1,376,133 shares during the last quarter. State Street Corp increased its holdings in shares of PepsiCo by 5.1% during the third quarter. State Street Corp now owns 57,268,030 shares of the company’s stock valued at $9,738,429,000 after purchasing an additional 2,775,679 shares during the period. Geode Capital Management LLC increased its holdings in shares of PepsiCo by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 31,079,522 shares of the company’s stock valued at $4,717,069,000 after purchasing an additional 582,254 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of PepsiCo by 18.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 25,217,043 shares of the company’s stock valued at $3,834,504,000 after purchasing an additional 3,856,193 shares during the period. Finally, Norges Bank acquired a new position in shares of PepsiCo during the fourth quarter valued at $2,729,565,000. 73.07% of the stock is currently owned by institutional investors.

PepsiCo Company Profile

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