PepsiCo, Inc. $PEP Shares Sold by HS Management Partners LLC

HS Management Partners LLC cut its position in PepsiCo, Inc. (NASDAQ:PEP) by 47.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 186,201 shares of the company’s stock after selling 168,355 shares during the period. PepsiCo accounts for 3.4% of HS Management Partners LLC’s holdings, making the stock its 14th largest position. HS Management Partners LLC’s holdings in PepsiCo were worth $26,150,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Nova Wealth Management Inc. purchased a new stake in shares of PepsiCo during the first quarter worth $25,000. Evolution Wealth Management Inc. acquired a new position in PepsiCo during the second quarter worth about $27,000. Legend Financial Advisors Inc. purchased a new stake in PepsiCo during the 2nd quarter valued at about $29,000. Vermillion & White Wealth Management Group LLC raised its holdings in PepsiCo by 107.1% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 234 shares of the company’s stock valued at $31,000 after acquiring an additional 121 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC boosted its holdings in shares of PepsiCo by 667.7% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock worth $33,000 after purchasing an additional 207 shares during the last quarter. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

PepsiCo Stock Up 1.7%

PepsiCo stock opened at $139.37 on Friday. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.72 and a current ratio of 0.91. The firm has a 50 day moving average price of $145.54 and a 200 day moving average price of $144.02. PepsiCo, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $160.15. The company has a market capitalization of $190.57 billion, a PE ratio of 26.50, a price-to-earnings-growth ratio of 4.49 and a beta of 0.42.

PepsiCo (NASDAQ:PEP) last posted its earnings results on Wednesday, October 8th. The company reported $2.29 EPS for the quarter, beating analysts’ consensus estimates of $2.26 by $0.03. PepsiCo had a net margin of 7.82% and a return on equity of 57.58%. The firm had revenue of $23.94 billion for the quarter, compared to the consensus estimate of $23.91 billion. During the same period last year, the firm posted $2.31 EPS. The company’s revenue was up 2.7% on a year-over-year basis. Research analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Friday, December 5th were given a dividend of $1.4225 per share. The ex-dividend date was Friday, December 5th. This represents a $5.69 dividend on an annualized basis and a dividend yield of 4.1%. PepsiCo’s payout ratio is 108.17%.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is expanding AI use across manufacturing and supply-chain operations, deploying AI-powered digital twins to test expansion plans and optimize plants — a move that can lower costs, improve capacity planning and support margins over time. PepsiCo Deploys AI-Powered Digital Twins of Manufacturing Facilities to Test Expansion Plans
• Positive Sentiment: Coverage assessing PepsiCo’s valuation after CES 2026 highlights partnerships with Siemens and NVIDIA — investors may re-rate PEP on expected multi-year efficiency and productivity gains from AI, supporting upside to long-term margins if execution succeeds. Assessing PepsiCo (PEP) Valuation After CES 2026 AI Partnership With Siemens And NVIDIA
• Neutral Sentiment: Market commentary notes PEP “edged higher after six straight declines,” reflecting short-term technical relief but not necessarily a change in fundamentals. PepsiCo edges higher after six straight declines
• Neutral Sentiment: Unusually large options activity was reported in PEP, which can signal traded positioning or hedging and often precedes short-term volatility; it’s ambiguous for direction. PepsiCo Target of Unusually Large Options Trading (NASDAQ:PEP)
• Neutral Sentiment: Industry/peer comparisons and coverage (Coca‑Cola vs Pepsi; dividend-focused pieces) are being published — useful for relative valuation but not immediate catalysts. Coca‑Cola Vs Pepsi Stock: Which is the Better Investment for 2026?
• Neutral Sentiment: PepsiCo was mentioned in industry event coverage (TV & Video Insider Summit), which raises visibility but is not a direct earnings driver. PepsiCo, Church’s Chicken, Electronic Arts, Kenvue, Assembly Lead Insights at our TV & Video Insider Summit
• Negative Sentiment: The FTC’s unsealing of data has triggered a surge in price‑fixing litigation naming PepsiCo and Walmart, increasing legal exposure and potential settlement costs as well as reputational risk; this is a material near‑term overhang for the stock. PepsiCo and Walmart Face Price-Fixing Litigation Surge After FTC Unseals Data
• Negative Sentiment: A separate lawsuit alleges a decade‑long price‑fixing scheme involving Walmart and PepsiCo; even if ultimately denied, litigation can mean legal fees, management distraction and potential financial settlements. Lawsuit against Walmart, PepsiCo alleges decade-long price fixing scheme
• Negative Sentiment: Political and regulatory pressure on ultraprocessed foods and sugary drinks (new dietary guidance) has weighed on large packaged‑food stocks, including PepsiCo, as policy shifts can affect marketing, product mix and sales. Kraft Heinz and Mondelez shares drop as Trump officials blast ultraprocessed foods and unveil new food pyramid

Analyst Upgrades and Downgrades

PEP has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised PepsiCo from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $151.00 to $164.00 in a research note on Wednesday, December 10th. Barclays boosted their price target on shares of PepsiCo from $142.00 to $144.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 10th. UBS Group reaffirmed a “buy” rating and set a $172.00 target price on shares of PepsiCo in a research note on Tuesday, December 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of PepsiCo in a report on Tuesday, October 14th. Finally, Piper Sandler raised their price target on shares of PepsiCo from $161.00 to $172.00 and gave the stock an “overweight” rating in a report on Tuesday, December 9th. Eight investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $158.68.

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.