Pete Wentz and new ladylove Meagan Camper share the load as they take turns carrying 3-year-old Bronx Mowgli while on a shopping trip in Hollywood, on Sunday afternoon.

Reports began to surface this month that Meagan and Pete were expecting their first baby together this year, but his rep shot down reports, calling them "absolutely not true."

The Fall Out Boy singer finalized his divorce from Ashlee Simpson just last month, but there's no love lost! The former Melrose Place star has also moved on with hunky actor, Vincent Piazza.

In the past, Wentz has expressed that he'd like to have a a lot more kids in the future, telling People mag while still married to Ash, "Everything is awesome about being a dad. Eventually we want to be able to have a soccer team."

Be careful what you wish for!

His divorce from ex Ashlee Simpson was just finalized last month, but it seems Pete Wentz has completely moved on with his new gal-pal, model Meagan Camper!

The adorable pair looked all lovey-dovey as they held hands and shared a cuddle on the way to a lunch date in Hollywood Thursday afternoon.

Ever since the Fall Out Boy singer began dating Miss Camper in September, he hasn't stopped smiling.

Can we expect an engagement in 2012?

Pete Wentz has plenty to smile about -- he's got a beautiful son, a model rebound girlfriend and he even seems to be on good terms with his ex-wife, Ashlee Simpson.

Yesterday we spotted the Fall Out Boy rocker shopping in Beverly Hills, and in case you're wondering where his lady love Meagan Camper was, it seems like he was doing a little Christmas shopping for her! So what was he looking for, exactly? Click after the jump to find out!

Fall Out Boy Pete Wentz is getting serious with girlfriend Megan Camper -- in fact she's more and more like a step-mom to Pete's son Bronx!

While mom Ashlee Simpson is off promoting her clothing line with sis Jessica, Pete is on daddy duty and Megan's pitching in, in her maternal role.

Could these two be looking to start and expand their own family together anytime soon???

Yesterday we caught Pete Wentz and his 3-year-old son Bronx strolling down Ventura Blvd in the valley, and the boys were joined by Pete's girlfriend Meagan Camper and their UGG-loving manny male pal.

Meagan has only been with the Fall Out Boy rocker for a few months now, but he introduced her to Bronx after just one month of dating! Bronx seems to like her, but still! Isn't that a little bit early to be bringing a mother figure into the picture?

And in flats, no less!

Pete Wentz and his model girlfriend Meagan Camper were spotted strolling on Robertson Blvd in West Hollywood yesterday, and not only is the height difference a non-issue, but neither one of them seemed to mind the attention from photographers. Meagan obviously isn't anywhere near as famous as Pete's ex-wife Ashlee Simpson, but she seems pretty chill every time we take her picture!

Lucky little Bronx was treated to a fun-filled day of riding mini trains at Travel Town, courtesy of daddy Pete Wentz and his new ladylove, model Meagan Camper, in LA's Griffith Park, on Tuesday.

The Fall Out Boy singer recently revealed that he always makes time in his busy schedule for Bronx, telling the LA Times: “I plan my schedule around my son. He’s been all over the world already, from Tokyo to Paris. I try to not ever go too many days without seeing him.”

Wentz added: “On stage, I play music and at home I make fart noises and I’m in.”

Looks like someone needs a nap, and it's not little 3-year-old Bronx!

Proud papa Pete Wentz was out and about in Ventura with his son and a friend, but the singer looked absolutely exhausted as he carried the toddler to the car.

But apparently it's not lack of sleep that's got the Fall Out Boy down. Ashlee Simpson's ex Tweeted after being caught on camera looking forlorn: "nah not depressed, content. for some reason i come off sad when I'm happy and the reverse..."

Could've fooled us, Pete!