Cerity Partners LLC Has $139.17 Million Stake in PepsiCo, Inc. $PEP

Cerity Partners LLC lifted its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 5.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 990,905 shares of the company’s stock after acquiring an additional 52,746 shares during the period. Cerity Partners LLC owned 0.07% of PepsiCo worth $139,174,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PEP. Norges Bank acquired a new stake in shares of PepsiCo in the 2nd quarter valued at about $2,330,594,000. Laurel Wealth Advisors LLC boosted its holdings in PepsiCo by 14,420.2% in the second quarter. Laurel Wealth Advisors LLC now owns 3,890,688 shares of the company’s stock worth $513,726,000 after acquiring an additional 3,863,893 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in PepsiCo in the second quarter valued at approximately $460,110,000. Charles Schwab Investment Management Inc. increased its holdings in shares of PepsiCo by 9.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 29,031,404 shares of the company’s stock valued at $3,833,406,000 after acquiring an additional 2,556,163 shares in the last quarter. Finally, Franklin Resources Inc. raised its position in shares of PepsiCo by 19.5% during the second quarter. Franklin Resources Inc. now owns 15,577,073 shares of the company’s stock worth $2,056,797,000 after purchasing an additional 2,541,455 shares during the period. 73.07% of the stock is owned by institutional investors.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo announced an industry-first industrial AI and digital-twin collaboration with Siemens and NVIDIA to scale AI-driven operations and predictive maintenance — a potential multi-year productivity and cost-savings catalyst that could improve margins and capex efficiency. PepsiCo Announces Industry-First AI and Digital Twin Collaboration with Siemens and NVIDIA
• Positive Sentiment: PBNA (beverages) segment showing organic growth driven by Pepsi Zero Sugar, Mountain Dew strength and expanding functional/energy and protein offerings — supports top-line resilience in a tough consumer backdrop. Are Functional Waters and Energy Drinks Reviving PepsiCo’s PBNA Unit?
• Positive Sentiment: New and limited-time beverage SKUs are being rolled out (positive for shelf buzz and short-term sell-through), which helps sustain beverage momentum and marketing-driven volumes. PepsiCo Has a Brand-New Soda Headed to Shelves—and Fans Say ‘It’s My New Favorite Flavor’
• Positive Sentiment: Unusually large call-option activity (buying of ~69k calls) signals bullish speculative interest or hedging ahead of catalysts — a short-term vote of confidence from some traders.
• Positive Sentiment: Featured as a top dividend/ income pick in recent lists — reinforces appeal to income-focused investors and can support downside during market volatility. Don’t Push for Growth in 2026, Push for Yield: The Case for 3 Top Dividend Stocks
• Neutral Sentiment: Investors are focused on PepsiCo’s upcoming Q4 results and guidance; analysts expect a stronger bottom line (some forecasts call for double-digit EPS improvement), so the report is a near-term catalyst that could swing the stock. What You Need To Know Ahead of PepsiCo’s Earnings Release
• Negative Sentiment: Sector rotation: investors have been moving money into financials, weighing on consumer staples including PepsiCo and contributing to near-term selling pressure. Stock Of The Day: Is This The Bottom For Pepsi?
• Negative Sentiment: Recent session weakness and a modest slide in the stock while the broader market rose has created short-term momentum to the downside; traders may remain cautious until earnings and more clarity on margin benefits from AI investments. PepsiCo (PEP) Stock Slides as Market Rises: Facts to Know Before You Trade

Analysts Set New Price Targets

PEP has been the subject of a number of recent research reports. UBS Group restated a “buy” rating and set a $172.00 price target on shares of PepsiCo in a research note on Tuesday, December 9th. Wells Fargo & Company boosted their target price on shares of PepsiCo from $150.00 to $154.00 and gave the stock a “positive” rating in a research report on Friday, October 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of PepsiCo in a research note on Tuesday, October 14th. BNP Paribas Exane decreased their price objective on PepsiCo from $152.00 to $150.00 and set a “neutral” rating for the company in a report on Monday, October 6th. Finally, Rothschild & Co Redburn lifted their target price on PepsiCo from $117.00 to $120.00 and gave the company a “sell” rating in a research report on Monday, December 15th. Eight research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $158.75.

PepsiCo Price Performance

PepsiCo stock opened at $138.96 on Wednesday. PepsiCo, Inc. has a 52 week low of $127.60 and a 52 week high of $160.15. The company’s 50 day moving average price is $145.89 and its two-hundred day moving average price is $144.10. The stock has a market cap of $190.01 billion, a P/E ratio of 26.42, a P/E/G ratio of 4.58 and a beta of 0.42. The company has a quick ratio of 0.72, a current ratio of 0.91 and a debt-to-equity ratio of 2.26.

PepsiCo (NASDAQ:PEP) last issued its quarterly 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 return on equity of 57.58% and a net margin of 7.82%.The company had revenue of $23.94 billion during the quarter, compared to the consensus estimate of $23.91 billion. During the same period last year, the business posted $2.31 earnings per share. PepsiCo’s revenue was up 2.7% on a year-over-year basis. On average, equities analysts predict that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Investors 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 annualized dividend and a yield of 4.1%. PepsiCo’s dividend payout ratio is presently 108.17%.

PepsiCo Profile

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.