New York State Teachers Retirement System Cuts Stock Position in PepsiCo, Inc. $PEP

New York State Teachers Retirement System trimmed its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 4.4% in the third quarter, Holdings Channel reports. The firm owned 1,111,234 shares of the company’s stock after selling 51,202 shares during the period. New York State Teachers Retirement System’s holdings in PepsiCo were worth $156,062,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in PEP. Warwick Investment Management Inc. lifted its position in PepsiCo by 20.6% during the 3rd quarter. Warwick Investment Management Inc. now owns 2,406 shares of the company’s stock worth $338,000 after acquiring an additional 411 shares in the last quarter. Solidarity Wealth LLC acquired a new position in shares of PepsiCo during the third quarter worth $2,190,000. Culbertson A N & Co. Inc. grew its holdings in PepsiCo by 1.7% during the 3rd quarter. Culbertson A N & Co. Inc. now owns 69,787 shares of the company’s stock valued at $9,801,000 after purchasing an additional 1,160 shares in the last quarter. Phillips Financial Management LLC purchased a new stake in PepsiCo during the 3rd quarter worth $237,000. Finally, Hemington Wealth Management boosted its position in PepsiCo by 75.6% in the 3rd quarter. Hemington Wealth Management now owns 1,373 shares of the company’s stock valued at $192,000 after buying an additional 591 shares during the last quarter. 73.07% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo announced partnerships with Siemens and NVIDIA to deploy AI-powered digital twins and other advanced analytics in plants and warehouses — a move that can lower operating costs, speed expansion planning, and improve supply-chain efficiency over time. PepsiCo teams up with Siemens and NVIDIA on AI and digital twin technology
• Positive Sentiment: Analysts and commentary highlight that PEP’s valuation looks attractive relative to fundamentals — resilient brands and steady international growth underpin a constructive long‑term thesis despite near‑term volume and cost pressures. That framing supports bargain‑hunting demand. PepsiCo’s Stock Valuation Looks Attractive: Buy or Wait for Now?
• Neutral Sentiment: Coverage notes PepsiCo edging higher after a multi‑day decline, reflecting technical bounce and short‑term positioning rather than new fundamental changes. PepsiCo edges higher after six straight declines
• Neutral Sentiment: Several pieces compare PepsiCo to Coca‑Cola and other defensive consumer names for 2026, useful context for investor allocation but not immediate catalysts. Coca‑Cola Vs Pepsi Stock: Which is the Better Investment for 2026?
• Negative Sentiment: Legal risk rose after the FTC unsealed data that has prompted a surge in price‑fixing litigation naming PepsiCo (and Walmart). New suits allege long‑running collusion in categories — potential exposure could increase legal costs, settlements or reputational drag depending on outcomes. PepsiCo and Walmart Face Price-Fixing Litigation Surge After FTC Unseals Data

Analyst Ratings Changes

PEP has been the topic of several recent analyst reports. Royal Bank Of Canada cut their price target on PepsiCo from $146.00 to $145.00 and set a “sector perform” rating on the stock in a research note on Monday, September 15th. Barclays upped their target price on PepsiCo from $142.00 to $144.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 10th. BNP Paribas Exane reduced their target price on PepsiCo from $152.00 to $150.00 and set a “neutral” rating for the company in a research note on Monday, October 6th. DZ Bank upgraded shares of PepsiCo from a “hold” rating to a “buy” rating and set a $167.00 price target for the company in a research note on Tuesday, October 21st. Finally, JPMorgan Chase & Co. upgraded shares of PepsiCo from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $151.00 to $164.00 in a research note on Wednesday, December 10th. Eight research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $158.68.

Get Our Latest Analysis on PEP

PepsiCo Trading Up 0.4%

PepsiCo stock opened at $139.91 on Friday. PepsiCo, Inc. has a 1 year low of $127.60 and a 1 year high of $160.15. The firm’s 50-day moving average is $145.42 and its 200-day moving average is $144.19. 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 company has a market cap of $191.30 billion, a P/E ratio of 26.60, a PEG ratio of 4.58 and a beta of 0.42.

PepsiCo (NASDAQ:PEP – Get Free Report) last released its quarterly earnings data on Wednesday, October 8th. The company reported $2.29 earnings per share for the quarter, topping the consensus estimate of $2.26 by $0.03. The firm had revenue of $23.94 billion for the quarter, compared to analyst estimates of $23.91 billion. PepsiCo had a net margin of 7.82% and a return on equity of 57.58%. PepsiCo’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.31 earnings per share. On average, equities analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo Dividend Announcement

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

About PepsiCo

(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.

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