PepsiCo, Inc. $PEP Stock Holdings Decreased by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. decreased its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 7.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 49,748 shares of the company’s stock after selling 4,020 shares during the period. PepsiCo comprises about 1.2% of Schmidt P J Investment Management Inc.’s investment portfolio, making the stock its 25th biggest holding. Schmidt P J Investment Management Inc.’s holdings in PepsiCo were worth $6,987,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of PepsiCo by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 136,936,037 shares of the company’s stock worth $18,081,034,000 after acquiring an additional 1,761,785 shares in the last quarter. State Street Corp lifted its stake in PepsiCo by 1.6% during the second quarter. State Street Corp now owns 58,419,849 shares of the company’s stock worth $7,713,757,000 after purchasing an additional 920,045 shares during the last quarter. Geode Capital Management LLC boosted its holdings in PepsiCo by 0.3% in the second quarter. Geode Capital Management LLC now owns 32,675,492 shares of the company’s stock worth $4,301,240,000 after purchasing an additional 86,695 shares during the period. Charles Schwab Investment Management Inc. increased its stake in 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 purchasing an additional 2,556,163 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of PepsiCo during the second quarter worth $2,330,594,000. 73.07% of the stock is owned by institutional investors.

Key Headlines Impacting PepsiCo

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

PepsiCo Trading Up 1.0%

PepsiCo stock opened at $141.36 on Tuesday. PepsiCo, Inc. has a 12-month low of $127.60 and a 12-month high of $160.15. The company has a debt-to-equity ratio of 2.26, a current ratio of 0.91 and a quick ratio of 0.72. The stock has a market capitalization of $193.29 billion, a PE ratio of 26.87, a price-to-earnings-growth ratio of 4.58 and a beta of 0.42. The firm has a 50 day simple moving average of $145.38 and a 200-day simple moving average of $144.40.

PepsiCo Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on PEP. Jefferies Financial Group boosted their price objective on shares of PepsiCo from $163.00 to $164.00 and gave the company a “hold” rating in a research report on Tuesday, December 9th. BNP Paribas Exane dropped their price target on PepsiCo from $152.00 to $150.00 and set a “neutral” rating on the stock in a research report on Monday, October 6th. Bank of America raised their price target on PepsiCo from $150.00 to $155.00 and gave the stock a “neutral” rating in a report on Friday, October 10th. JPMorgan Chase & Co. upgraded PepsiCo from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $151.00 to $164.00 in a research note on Wednesday, December 10th. Finally, Royal Bank Of Canada cut their target price 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. Eight investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $158.68.

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.