Whittier Trust Co. Cuts Position in PepsiCo, Inc. $PEP

25 Jan 2026, 08:18 by Amy Steele · The Cerbat Gem

Whittier Trust Co. decreased its position in PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 6.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 103,122 shares of the company’s stock after selling 7,227 shares during the quarter. Whittier Trust Co.’s holdings in PepsiCo were worth $14,641,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of PEP. FSB Premier Wealth Management Inc. lifted its position in shares of PepsiCo by 2.1% during the 3rd quarter. FSB Premier Wealth Management Inc. now owns 6,785 shares of the company’s stock worth $953,000 after purchasing an additional 139 shares during the last quarter. Sagespring Wealth Partners LLC increased its holdings in shares of PepsiCo by 28.9% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 14,239 shares of the company’s stock valued at $2,000,000 after acquiring an additional 3,189 shares during the last quarter. Modera Wealth Management LLC raised its position in shares of PepsiCo by 1.5% during the 3rd quarter. Modera Wealth Management LLC now owns 151,155 shares of the company’s stock worth $21,228,000 after acquiring an additional 2,164 shares in the last quarter. BWM Planning LLC boosted its holdings in PepsiCo by 1.9% in the third quarter. BWM Planning LLC now owns 3,974 shares of the company’s stock valued at $558,000 after purchasing an additional 74 shares in the last quarter. Finally, PFG Investments LLC increased its stake in PepsiCo by 18.6% in the third quarter. PFG Investments LLC now owns 72,118 shares of the company’s stock valued at $10,128,000 after purchasing an additional 11,329 shares during the last quarter. 73.07% of the stock is owned by hedge funds and other institutional investors.

PepsiCo Trading Up 0.1%

NASDAQ:PEP opened at $144.58 on Friday. PepsiCo, Inc. has a 12-month low of $127.60 and a 12-month high of $160.15. 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’s 50 day simple moving average is $145.75 and its 200-day simple moving average is $145.04. The firm has a market cap of $197.69 billion, a P/E ratio of 27.49, a PEG ratio of 4.74 and a beta of 0.42.

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 paid a $1.4225 dividend. This represents a $5.69 annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Friday, December 5th. PepsiCo’s dividend payout ratio (DPR) is 108.17%.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

Positive Sentiment: JPMorgan upgraded PEP to Overweight after PepsiCo outlined initiatives to boost shareholder returns (capital allocation and buyback/dividend focus). That analyst backing can lift sentiment and reduce perceived execution risk. PepsiCo (PEP) Upgraded to Overweight by JPMorgan
Positive Sentiment: PepsiCo is doubling down on zero‑sugar products (Pepsi Zero Sugar) to win younger consumers who shun “diet” labels — a strategic repositioning that can protect soda volumes and margins over time as tastes shift. PepsiCo Bets on Zero Sugar
Neutral Sentiment: PepsiCo India named Savitha Balachandran (formerly of Tata Technologies) as its new CFO — strengthens regional leadership but is unlikely to move global results materially in the near term. PepsiCo India brings in Tata Tech’s Savitha Balachandran as new CFO
Neutral Sentiment: Analyst/industry pieces compare PepsiCo’s scale and diversification versus niche competitors (e.g., Vita Coco) and versus Coca‑Cola; these help frame long‑term positioning but don’t contain immediate catalysts. PepsiCo vs. Vita Coco: Which Beverage Stock Offers Better Growth? Coca‑Cola vs. PepsiCo: What’s the Better Long‑Term Play?
Negative Sentiment: Coca‑Cola reclaimed all 625 U.S. Costco food courts after Pepsi’s 12‑year partnership ended — a material distribution loss in a high‑volume channel that could pressure beverage volumes and incremental sales. Coke reclaims all 625 US Costco food courts
Negative Sentiment: Headline market coverage notes PEP underperformed peers and the broader market (including pieces reporting the stock “sank” while the market gained) — short‑term weakness reflecting rotation and competitive concerns. PepsiCo Inc. stock underperforms PepsiCo (PEP) Stock Sinks As Market Gains

Wall Street Analysts Forecast Growth

PEP has been the subject of several research analyst reports. Jefferies Financial Group upped their target price on shares of PepsiCo from $163.00 to $164.00 and gave the company a “hold” rating in a report on Tuesday, December 9th. DZ Bank raised PepsiCo from a “hold” rating to a “buy” rating and set a $167.00 price objective on the stock in a report on Tuesday, October 21st. Barclays set a $148.00 target price on PepsiCo in a report on Friday, January 16th. Piper Sandler raised their price target on PepsiCo from $161.00 to $172.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 9th. Finally, Rothschild & Co Redburn lifted their target price on shares of PepsiCo from $117.00 to $120.00 and gave the company a “sell” rating in a report on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $159.29.

Get Our Latest Stock Report on PEP

PepsiCo Profile

(Free Report)

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.