RWC Asset Management LLP Trims Stock Holdings in PepsiCo, Inc. $PEP

by · The Markets Daily

RWC Asset Management LLP lessened its stake in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 6.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 179,770 shares of the company’s stock after selling 13,383 shares during the quarter. PepsiCo accounts for about 1.2% of RWC Asset Management LLP’s holdings, making the stock its 20th biggest holding. RWC Asset Management LLP’s holdings in PepsiCo were worth $25,247,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in PEP. Claris Advisors LLC MO increased its stake in PepsiCo by 14.1% during the 2nd quarter. Claris Advisors LLC MO now owns 2,490 shares of the company’s stock worth $329,000 after buying an additional 308 shares during the period. Foster Group Inc. raised its stake in shares of PepsiCo by 4.6% in the second quarter. Foster Group Inc. now owns 5,169 shares of the company’s stock valued at $683,000 after acquiring an additional 229 shares in the last quarter. Merit Financial Group LLC grew its stake in PepsiCo by 46.4% during the 2nd quarter. Merit Financial Group LLC now owns 114,344 shares of the company’s stock worth $15,098,000 after purchasing an additional 36,239 shares in the last quarter. Fulton Bank N.A. increased its holdings in PepsiCo by 2.5% during the 2nd quarter. Fulton Bank N.A. now owns 25,309 shares of the company’s stock worth $3,342,000 after purchasing an additional 620 shares during the period. Finally, Clayton Financial Group LLC acquired a new stake in PepsiCo in the 3rd quarter valued at about $872,000. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PEP has been the topic of several analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PepsiCo in a report on Friday. Jefferies Financial Group boosted their target price on PepsiCo from $163.00 to $164.00 and gave the stock a “hold” rating in a research note on Tuesday, December 9th. Loop Capital set a $164.00 price objective on shares of PepsiCo in a report on Thursday, October 23rd. The Goldman Sachs Group upped their target price on shares of PepsiCo from $165.00 to $167.00 and gave the company a “buy” rating in a report on Friday, October 10th. Finally, Barclays lifted their price target on shares of PepsiCo from $142.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 10th. Eight equities 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. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $158.68.

View Our Latest Stock Analysis on PEP

PepsiCo Price Performance

Shares of PEP opened at $141.36 on Tuesday. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.72 and a current ratio of 0.91. PepsiCo, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $160.15. The firm has a 50-day simple moving average of $145.38 and a 200-day simple moving average of $144.40. The company has a market capitalization of $193.29 billion, a price-to-earnings ratio of 26.87, a price-to-earnings-growth ratio of 4.58 and a beta of 0.42.

PepsiCo Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Friday, December 5th were issued a $1.4225 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $5.69 dividend on an annualized basis and a dividend yield of 4.0%. PepsiCo’s payout ratio is presently 108.17%.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

  • Positive Sentiment: Analysts lifting price targets and upgrade commentary — Citi recently raised its target (reported in coverage roundups) and several outlets highlighted analyst bullishness, supporting buyer demand. Analysts Positive on PepsiCo
  • Positive Sentiment: Multi-year collaboration with NVIDIA and Siemens to deploy digital twins and AI across plants and supply chain — investors see this as a structural cost/margin improvement and a catalyst for productivity gains over time. PepsiCo Partners with Siemens and NVIDIA
  • Positive Sentiment: Sector commentary and valuation framing — several pieces (Seeking Alpha/Zacks summaries) argue PEP is cheaper after recent weakness and can expand margins while maintaining a high yield, which attracts income-oriented and value investors. Rating Upgrade / Valuation Take
  • Neutral Sentiment: Operational initiatives and hires — PepsiCo appointed a new VP for Strategy & Transformation in India/South Asia and is publicly integrating AI into production; these are constructive for long-term execution but are not immediate earnings drivers. PepsiCo hires Nishant Gupta PepsiCo Integrates AI
  • Neutral Sentiment: Short interest data shows no actionable short-pressure signal (reported short-interest reads as zero and appears anomalous), so short-covering is unlikely to be a material intraday driver. (Data item reported 1/12/2026)
  • Negative Sentiment: PFNA / core snack volumes are uneven — Zacks flags pressure from value sensitivity and shifting preferences that could constrain near-term top-line growth in snack categories, which keeps some investors cautious on near-term EPS upside. PFNA Volumes Pressure

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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