CWA Asset Management Group LLC Reduces Position in PepsiCo, Inc. $PEP

Posted by Defense World Staff on Jan 7th, 2026

CWA Asset Management Group LLC lowered its position in PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 36.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,958 shares of the company’s stock after selling 5,192 shares during the quarter. CWA Asset Management Group LLC’s holdings in PepsiCo were worth $1,258,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Three Bridge Wealth Advisors LLC increased its stake in PepsiCo by 1.8% in the third quarter. Three Bridge Wealth Advisors LLC now owns 3,870 shares of the company’s stock valued at $544,000 after purchasing an additional 68 shares during the period. JSF Financial LLC increased its position in PepsiCo by 3.8% in the 2nd quarter. JSF Financial LLC now owns 1,897 shares of the company’s stock valued at $250,000 after acquiring an additional 69 shares during the period. Binnacle Investments Inc raised its stake in PepsiCo by 33.2% during the 2nd quarter. Binnacle Investments Inc now owns 285 shares of the company’s stock valued at $38,000 after acquiring an additional 71 shares during the last quarter. Dogwood Wealth Management LLC lifted its position in PepsiCo by 15.4% during the 2nd quarter. Dogwood Wealth Management LLC now owns 539 shares of the company’s stock worth $73,000 after acquiring an additional 72 shares during the period. Finally, Weaver Consulting Group grew its stake in shares of PepsiCo by 2.9% in the 2nd quarter. Weaver Consulting Group now owns 2,581 shares of the company’s stock valued at $341,000 after purchasing an additional 72 shares during the last quarter. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

PepsiCo Stock Down 0.7%

Shares of NASDAQ PEP opened at $138.96 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 0.91 and a debt-to-equity ratio of 2.26. The firm has a 50-day moving average price of $145.89 and a 200 day moving average price of $144.10. PepsiCo, Inc. has a 52 week low of $127.60 and a 52 week high of $160.15. The stock has a market capitalization of $190.01 billion, a price-to-earnings ratio of 26.42, a price-to-earnings-growth ratio of 4.58 and a beta of 0.42.

PepsiCo (NASDAQ:PEP – Get Free Report) last issued its earnings results on Wednesday, October 8th. The company reported $2.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.26 by $0.03. The company had revenue of $23.94 billion during the quarter, compared to analysts’ expectations of $23.91 billion. PepsiCo had a net margin of 7.82% and a return on equity of 57.58%. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period last year, the company posted $2.31 earnings per share. Equities research analysts anticipate that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Friday, December 5th were given 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 payout ratio is presently 108.17%.

PepsiCo News Summary

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

Analyst Upgrades and Downgrades

PEP has been the subject of several analyst reports. Rothschild & Co Redburn upped their price target on PepsiCo from $117.00 to $120.00 and gave the stock a “sell” rating in a research note on Monday, December 15th. DZ Bank upgraded shares of PepsiCo from a “hold” rating to a “buy” rating and set a $167.00 price objective for the company in a research report on Tuesday, October 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PepsiCo in a report on Tuesday, October 14th. HSBC increased their price target on shares of PepsiCo from $145.00 to $152.00 and gave the stock a “hold” rating in a report on Friday, October 10th. Finally, Barclays lifted their price objective on PepsiCo from $142.00 to $144.00 and gave the company an “equal weight” rating in a report on Wednesday, December 10th. Eight analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, PepsiCo has a consensus rating of “Hold” and an average price target of $158.75.

Read Our Latest Research Report on PEP

PepsiCo Company 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.