PepsiCo (PEP) Stock on December 2, 2025: F1 Mega-Deal, Activist Pressure, Dividend Strength and What Analysts Expect Next
PepsiCo announced a multi-year global partnership with the Mercedes-AMG PETRONAS F1 Team starting in 2026. Shares traded near $148.68 late Monday, about 9% below the 52-week high. Q3 operating income fell 56% on $1.9 billion in brand impairment charges. Institutional ownership stands at roughly 73%.