J.P. Morgan reaffirms an “Overweight” rating for PepsiCo (NASDAQ:PEP), indicating a positive outlook on the stock.
PepsiCo offers an attractive dividend yield of over 4%, showcasing a strong commitment to shareholder returns with a 53-year growth streak in dividends.
The company’s market capitalization stands at approximately $183.43 billion, reflecting its significant market presence and long-term growth potential.
On April 29, 2025, J.P. Morgan maintained its “Overweight” rating for PepsiCo (NASDAQ:PEP), with the recommendation being a hold. At the time, the stock price was $133.76. PepsiCo is a global leader in the salty snacks and non-alcoholic beverages sector, competing with companies like Coca-Cola and Nestlé.
PepsiCo offers an attractive dividend yield of over 4%, which is appealing to income-focused investors. The company has a remarkable 53-year growth streak in dividends, indicating a strong commitment to returning value to shareholders. Despite a slightly higher-than-ideal payout ratio, PepsiCo is expected to continue its dividend growth.
The stock price of PEP is currently $133.76, showing a minor change of $0.38, or 0.28%. Today, the stock has fluctuated between $133.11 and $135.41. Over the past year, PEP has seen a high of $183.41 and a low of $131.80, reflecting some volatility in its trading range.
PepsiCo’s market capitalization stands at approximately $183.43 billion, highlighting its significant presence in the market. The company continues to demonstrate strong long-term growth and market leadership through robust advertising, marketing, and strategic acquisitions, despite challenges like tariffs and economic uncertainty.
Today’s trading volume for PEP is 8,489,020 shares on the NASDAQ exchange. This level of activity indicates a healthy interest in the stock, as investors weigh the company’s strong fundamentals against broader market conditions.
