<div id="readability-page-1"><p>Baldwin Wealth Partners LLC MA trimmed its stake in shares of  PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 80.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities &amp; Exchange Commission. The institutional investor  owned 31,980 shares of the company's stock after selling 131,763 shares during the period. Baldwin Wealth Partners LLC MA's holdings in PepsiCo were worth $4,491,000 at the end of the most recent quarter.</p><ul><li>3 Dividend Growth Stocks Analysts Are Upgrading for 2026</li></ul><p>Other hedge funds have also recently modified their holdings of the company. JSF Financial LLC raised its holdings in shares of  PepsiCo by 3.8% during the second 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 last quarter.  Binnacle Investments Inc increased its position in shares of  PepsiCo by 33.2% during the second quarter. Binnacle Investments Inc now owns 285 shares of the company's stock worth $38,000 after purchasing an additional 71 shares in the last quarter.  Dogwood Wealth Management LLC raised its stake in  PepsiCo by 15.4% in the 2nd quarter. Dogwood Wealth Management LLC now owns 539 shares of the company's stock valued at $73,000 after purchasing an additional 72 shares during the last quarter.  Weaver Consulting Group lifted its holdings in  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 in the last quarter.  Finally, Joel Isaacson &amp; Co. LLC boosted its stake in  PepsiCo by 0.5% during the 2nd quarter. Joel Isaacson &amp; Co. LLC now owns 16,507 shares of the company's stock worth $2,180,000 after purchasing an additional 74 shares during the last quarter. Institutional investors and hedge funds own  73.07% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>A number of equities research analysts have recently commented on PEP shares. JPMorgan Chase &amp; Co. upgraded shares of PepsiCo from a &#34;neutral&#34; rating to an &#34;overweight&#34; rating and increased their target price for the company from $151.00 to $164.00 in a research report on Wednesday, December 10th. DZ Bank upgraded shares of PepsiCo from a &#34;hold&#34; rating to a &#34;buy&#34; rating and set a $167.00 price objective for the company in a report on Tuesday, October 21st. Royal Bank Of Canada decreased their target price on shares of PepsiCo from $146.00 to $145.00 and set a &#34;sector perform&#34; rating on the stock in a research note on Monday, September 15th. BNP Paribas Exane dropped their price target on PepsiCo from $152.00 to $150.00 and set a &#34;neutral&#34; rating for the company in a research report on Monday, October 6th. Finally, Barclays lifted their price objective on PepsiCo from $142.00 to $144.00 and gave the stock an &#34;equal weight&#34; rating in a research report on Wednesday, December 10th. Eight equities research analysts have rated the stock with a Buy rating, thirteen have assigned  a Hold rating and one  has given a Sell rating to the stock. Based on data from MarketBeat, PepsiCo currently has a consensus rating of &#34;Hold&#34; and a consensus target price of $158.75.</p><ul><li>Why Costco Stock May Struggle Even as Its Business Thrives</li></ul><p><b>Read Our Latest Research Report on PEP</b></p><h2>PepsiCo Stock Down 0.8%</h2><p>Shares of NASDAQ:PEP opened at $148.16 on Monday. The company has a market capitalization of $202.59 billion, a price-to-earnings ratio of 28.17, a PEG ratio of 5.11 and a beta of 0.42. PepsiCo, Inc. has a 12-month low of $127.60 and a 12-month high of $160.15. The business has a 50-day moving average price of $148.00 and a 200 day moving average price of $143.02. The company has a current ratio of 0.91, a quick ratio of 0.72 and a debt-to-equity ratio of 2.26. </p><ul><li>Keurig Dr Pepper in the Buy Zone: It's Time to Build a Position</li></ul><p>PepsiCo (NASDAQ:PEP - Get Free Report) last posted its 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 net margin of 7.82% and a return on equity of 57.58%. The company had revenue of $23.94 billion for the quarter, compared to analysts' expectations of $23.91 billion. During the same quarter in the prior year, the company posted $2.31 earnings per share. PepsiCo's revenue for the quarter was up 2.7% compared to the same quarter last year.  Sell-side analysts expect that  PepsiCo, Inc. will post 8.3 EPS for the current year. </p><h2>PepsiCo Dividend Announcement</h2><p>The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 6th. Stockholders of record on Friday, December 5th will be given a dividend of $1.4225 per share. This represents a $5.69 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, December 5th. PepsiCo's dividend payout ratio  is currently 108.17%. </p><h2>About PepsiCo</h2> (Free Report)<p>PepsiCo, Inc <span>NASDAQ: PEP<span></span></span> 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.  </p><p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than PepsiCo</li><li>I Shouldn't Be Sending You This</li><li>REVEALED: America just unlocked a $500 trillion asset</li><li>Wall Street Stock picker Names #1 Stock of 2026</li><li>They Laughed at $30. They Won’t Laugh at $70.</li><li>How Long Will $1M Last in Retirement?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UEVQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UEVQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in PepsiCo Right Now?</h2><p>Before you consider PepsiCo, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PepsiCo wasn't on the list.</p><p>While PepsiCo currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Baldwin Wealth Partners LLC MA reduced its stake in PepsiCo, Inc. by 80.5% in the third quarter, selling 131,763 shares, leaving them with 31,980 shares valued at $4,491,000. This was disclosed in their latest SEC filing. Other investors have also adjusted their holdings in PepsiCo. The stock has a consensus rating of 'Hold' with a target price of $158.75.</p>

PepsiCo, Inc. $PEP Shares Sold by Baldwin Wealth Partners LLC MA