PepsiCo (NASDAQ:PEP) Issues Earnings Results

PepsiCo (NASDAQ:PEP) issued its quarterly earnings results on Monday. The company reported $2.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.24 by $0.02, FiscalAI reports. PepsiCo had a net margin of 7.82% and a return on equity of 57.58%. The company had revenue of $29.34 billion for the quarter, compared to analyst estimates of $28.96 billion.

PepsiCo Trading Up 1.0%

Shares of PepsiCo stock opened at $155.20 on Tuesday. The company has a market capitalization of $212.21 billion, a P/E ratio of 29.51, a price-to-earnings-growth ratio of 5.05 and a beta of 0.40. The company has a current ratio of 0.91, a quick ratio of 0.72 and a debt-to-equity ratio of 2.26. The stock has a fifty day simple moving average of $146.13 and a 200 day simple moving average of $145.67. PepsiCo has a 12-month low of $127.60 and a 12-month high of $160.15.

PepsiCo Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Friday, December 5th were issued a dividend of $1.4225 per share. This represents a $5.69 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Friday, December 5th. PepsiCo’s payout ratio is currently 108.17%.

Institutional Investors Weigh In On PepsiCo

Several hedge funds have recently added to or reduced their stakes in the company. State Street Corp boosted its holdings in PepsiCo by 1.8% during the 3rd quarter. State Street Corp now owns 59,499,819 shares of the company’s stock valued at $8,356,155,000 after acquiring an additional 1,079,970 shares during the period. Amundi grew its position in shares of PepsiCo by 30.0% in the 3rd quarter. Amundi now owns 8,641,588 shares of the company’s stock worth $1,207,230,000 after buying an additional 1,995,362 shares during the period. AQR Capital Management LLC lifted its holdings in shares of PepsiCo by 120.7% during the third quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock valued at $830,902,000 after purchasing an additional 3,235,726 shares during the last quarter. Raymond James Financial Inc. grew its position in PepsiCo by 2.8% during the 2nd quarter. Raymond James Financial Inc. now owns 3,194,425 shares of the company’s stock valued at $421,792,000 after purchasing an additional 88,443 shares during the last quarter. Finally, Caisse de depot et placement du Quebec lifted its holdings in shares of PepsiCo by 151.7% during the third quarter. Caisse de depot et placement du Quebec now owns 2,597,986 shares of the company’s stock valued at $364,861,000 after purchasing an additional 1,565,883 shares in the last quarter. Institutional investors own 73.07% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Rothschild & Co Redburn raised their target price on PepsiCo from $117.00 to $120.00 and gave the company a “sell” rating in a report on Monday, December 15th. DZ Bank upgraded shares of PepsiCo from a “hold” rating to a “buy” rating and set a $167.00 target price for the company in a research note on Tuesday, October 21st. UBS Group decreased their price objective on shares of PepsiCo from $172.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, January 14th. Wells Fargo & Company increased their price objective on PepsiCo from $150.00 to $154.00 and gave the company a “positive” rating in a report on Friday, October 10th. Finally, Citigroup boosted their price target on PepsiCo from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $159.29.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Q4 results beat expectations — PepsiCo reported $2.26 EPS (vs. $2.24 est.) and revenue of $29.34B (vs. ~$28.96B est.), driven by pricing and productivity that offset softer volumes; management reiterated its FY2026 outlook. Press Release
• Positive Sentiment: Capital return boost — PepsiCo raised its dividend and authorized up to $10 billion in share buybacks, supporting EPS per-share prospects and returning cash to shareholders. RTT News: Dividend & Buyback
• Positive Sentiment: Product/market pockets showing resilience — international soda demand and U.S. low‑sugar beverages were cited as growth drivers, helping revenue outperformance. Reuters: Resilient Sodas
• Neutral Sentiment: Revenue gains were largely price-driven — management said price increases and productivity offset falling demand for snacks and drinks, a positive near-term margin lever but a warning sign on volume momentum. Yahoo Finance: Price Hikes Offset Demand
• Neutral Sentiment: Analyst and market positioning ahead of the print fueled volatility — several previews and analyst note updates raised expectations into the release, increasing sensitivity to forward guidance and margin signals. Benzinga: Analyst Forecasts
• Negative Sentiment: Price-cut announcement for snacks — WSJ reports PepsiCo will cut prices on Doritos and other snacks to deliver “more value,” a strategic move to regain volume that could pressure margins if sustained. WSJ: Price Cuts for Snacks

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.