Mutual of America Capital Management LLC Lowers Stock Position in PepsiCo, Inc. $PEP

Mutual of America Capital Management LLC lessened its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 5.6% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 148,452 shares of the company’s stock after selling 8,839 shares during the period. Mutual of America Capital Management LLC’s holdings in PepsiCo were worth $20,849,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Commerzbank Aktiengesellschaft FI raised its position in PepsiCo by 27.2% in the third quarter. Commerzbank Aktiengesellschaft FI now owns 327,956 shares of the company’s stock worth $46,058,000 after acquiring an additional 70,042 shares during the period. FSB Premier Wealth Management Inc. boosted its position in PepsiCo by 2.1% during the third quarter. FSB Premier Wealth Management Inc. now owns 6,785 shares of the company’s stock worth $953,000 after purchasing an additional 139 shares during the period. Sagespring Wealth Partners LLC boosted its holdings in PepsiCo by 28.9% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 14,239 shares of the company’s stock worth $2,000,000 after buying an additional 3,189 shares during the period. Modera Wealth Management LLC raised its holdings in PepsiCo by 1.5% during the 3rd quarter. Modera Wealth Management LLC now owns 151,155 shares of the company’s stock valued at $21,228,000 after acquiring an additional 2,164 shares during the period. Finally, BWM Planning LLC boosted its holdings in shares of PepsiCo by 1.9% in the third quarter. BWM Planning LLC now owns 3,974 shares of the company’s stock worth $558,000 after acquiring an additional 74 shares during the period. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on PEP. Loop Capital set a $164.00 price objective on PepsiCo in a report on Thursday, October 23rd. Piper Sandler increased their price target on shares of PepsiCo from $161.00 to $172.00 and gave the stock an “overweight” rating in a report on Tuesday, December 9th. Evercore ISI boosted their price objective on shares of PepsiCo from $150.00 to $152.00 in a research note on Friday, October 10th. Wells Fargo & Company increased their target price on shares of PepsiCo from $150.00 to $154.00 and gave the stock a “positive” rating in a research note on Friday, October 10th. Finally, The Goldman Sachs Group boosted their price target on shares of PepsiCo from $165.00 to $167.00 and gave the company a “buy” rating in a research report on Friday, October 10th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, PepsiCo presently has an average rating of “Hold” and an average price target of $159.29.

PepsiCo Trading Up 0.1%

Shares of PEP opened at $144.58 on Monday. PepsiCo, Inc. has a fifty-two week low of $127.60 and a fifty-two week high of $160.15. The firm has a market cap of $197.69 billion, a price-to-earnings ratio of 27.49, a PEG ratio of 4.74 and a beta of 0.42. The firm has a 50 day moving average price of $145.75 and a 200-day moving average price of $145.11. 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 Announces Dividend

The firm also recently declared 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 annualized dividend and a yield of 3.9%. The ex-dividend date was Friday, December 5th. PepsiCo’s dividend payout ratio is presently 108.17%.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: JPMorgan upgraded PEP to Overweight after PepsiCo outlined initiatives to boost shareholder returns (capital allocation and buyback/dividend focus). That analyst backing can lift sentiment and reduce perceived execution risk. PepsiCo (PEP) Upgraded to Overweight by JPMorgan
• Positive Sentiment: PepsiCo is doubling down on zero?sugar products (Pepsi Zero Sugar) to win younger consumers who shun “diet” labels — a strategic repositioning that can protect soda volumes and margins over time as tastes shift. PepsiCo Bets on Zero Sugar
• Neutral Sentiment: PepsiCo India named Savitha Balachandran (formerly of Tata Technologies) as its new CFO — strengthens regional leadership but is unlikely to move global results materially in the near term. PepsiCo India brings in Tata Tech’s Savitha Balachandran as new CFO
• Neutral Sentiment: Analyst/industry pieces compare PepsiCo’s scale and diversification versus niche competitors (e.g., Vita Coco) and versus Coca?Cola; these help frame long?term positioning but don’t contain immediate catalysts. PepsiCo vs. Vita Coco: Which Beverage Stock Offers Better Growth? Coca?Cola vs. PepsiCo: What’s the Better Long?Term Play?
• Negative Sentiment: Coca?Cola reclaimed all 625 U.S. Costco food courts after Pepsi’s 12?year partnership ended — a material distribution loss in a high?volume channel that could pressure beverage volumes and incremental sales. Coke reclaims all 625 US Costco food courts
• Negative Sentiment: Headline market coverage notes PEP underperformed peers and the broader market (including pieces reporting the stock “sank” while the market gained) — short?term weakness reflecting rotation and competitive concerns. PepsiCo Inc. stock underperforms PepsiCo (PEP) Stock Sinks As Market Gains

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.