4,696 PepsiCo, Inc. $PEP Shares Bought by Americana Partners LLC

Americana Partners LLC boosted its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 4.0% during the third quarter, Holdings Channel.com reports. The firm owned 122,629 shares of the company’s stock after buying an additional 4,696 shares during the quarter. Americana Partners LLC’s holdings in PepsiCo were worth $15,540,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. BlackRock Inc. increased its holdings in shares of PepsiCo by 2.1% during the 2nd quarter. BlackRock Inc. now owns 118,281,854 shares of the company’s stock worth $16,015,363,000 after buying an additional 2,440,377 shares during the last quarter. State Street Corp lifted its holdings in PepsiCo by 1.7% in the second quarter. State Street Corp now owns 60,406,932 shares of the company’s stock valued at $8,179,099,000 after acquiring an additional 987,582 shares during the last quarter. Bank of America Corp DE lifted its holdings in PepsiCo by 0.6% in the first quarter. Bank of America Corp DE now owns 21,283,701 shares of the company’s stock valued at $3,305,146,000 after acquiring an additional 133,325 shares during the last quarter. Amundi grew its position in PepsiCo by 16.8% in the first quarter. Amundi now owns 11,444,671 shares of the company’s stock worth $1,777,243,000 after acquiring an additional 1,647,506 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in PepsiCo by 4.9% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 11,817,684 shares of the company’s stock worth $1,600,114,000 after acquiring an additional 549,336 shares during the period. 73.07% of the stock is currently owned by institutional investors and hedge funds.

PepsiCo Stock Up 2.7%

Shares of NASDAQ PEP opened at $137.34 on Friday. The firm has a market cap of $187.16 billion, a price-to-earnings ratio of 15.91, a PEG ratio of 4.00 and a beta of 0.35. The company has a quick ratio of 0.76, a current ratio of 0.94 and a debt-to-equity ratio of 1.90. PepsiCo, Inc. has a 52-week low of $123.47 and a 52-week high of $171.48. The business’s 50 day moving average is $133.49 and its two-hundred day moving average is $145.87.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings results on Wednesday, October 7th. The company reported $2.34 EPS for the quarter, topping the consensus estimate of $2.29 by $0.05. PepsiCo had a return on equity of 53.08% and a net margin of 11.09%. The business had revenue of $25.27 billion during the quarter, compared to analyst estimates of $24.95 billion. During the same period last year, the business posted $2.29 earnings per share. The company’s quarterly revenue was up 5.6% on a year-over-year basis. Research analysts predict that PepsiCo, Inc. will post 8.39 EPS for the current year.

Analysts Set New Price Targets

PEP has been the topic of a number of research analyst reports. Wells Fargo & Company reduced their target price on PepsiCo from $140.00 to $135.00 and set an “equal weight” rating on the stock in a research report on Monday, October 5th. Jefferies Financial Group reiterated a “hold” rating on shares of PepsiCo in a report on Thursday, October 8th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $132.00 price target on shares of PepsiCo in a report on Friday, October 9th. The Goldman Sachs Group restated a “buy” rating and issued a $165.00 price objective on shares of PepsiCo in a report on Thursday, October 8th. Finally, Evercore decreased their target price on shares of PepsiCo from $150.00 to $135.00 in a research report on Wednesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $143.28.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Quarterly results exceeded expectations. Third-quarter revenue rose 5.6% year over year to $25.27 billion, topping consensus, while core earnings per share of $2.34 also beat estimates. Organic revenue growth accelerated to 3.1%. Why PepsiCo (PEP) Stock Is Up Today
• Positive Sentiment: Operating trends showed improvement. PepsiCo reported organic volume growth across global beverages and convenient foods, broad strength in international markets, and sequential improvement in North American foods. Its updated outlook calls for approximately 6% net revenue growth and about 3% organic revenue growth in 2026. Why PepsiCo (PEP) Stock Is Up Today
• Positive Sentiment: Income appeal remains a supporting factor. Analysts and investment commentary continue to highlight PepsiCo’s dividend, which offers a yield above 4%, as well as the defensive nature of its combined beverage-and-snacks portfolio. Why Is PepsiCo Stock Falling, and Is It a Buying Opportunity?
• Neutral Sentiment: Valuation and positioning could attract buyers. PEP trades well below its 52-week high, and the median analyst price target cited is $168 versus a recent share price near $137. However, institutional ownership data showed both significant additions and reductions, indicating mixed conviction.
• Negative Sentiment: Profit guidance was reduced. PepsiCo cut its 2026 core constant-currency EPS growth forecast to 1%–2%, down from the low end of its prior 4%–6% range. The downgrade reflects continuing pressure on margins and profitability despite firmer revenue expectations. PepsiCo stock outlook cut as North American reset deepens
• Negative Sentiment: North America remains the key risk. PepsiCo has cut prices by as much as 15% to win back price-sensitive consumers, raising questions about pricing power and future margins. The stock also remains below its 200-day moving average, reflecting investors’ caution about the recovery.

Insider Buying and Selling at PepsiCo

In other news, Director Robert Pohlad bought 184,646 shares of the firm’s stock in a transaction that occurred on Wednesday, October 14th. The shares were purchased at an average price of $128.28 per share, with a total value of $23,686,388.88. Following the purchase, the director owned 433,009 shares in the company, valued at approximately $55,546,394.52. The trade was a 74.35% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Ramon Laguarta sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, October 21st. The shares were sold at an average price of $135.13, for a total value of $4,053,900.00. Following the transaction, the chief executive officer owned 491,645 shares of the company’s stock, valued at $66,435,988.85. This trade represents a 5.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.12% of the stock is currently owned by insiders.

PepsiCo Profile

PepsiCo, Inc (NASDAQ:PEP) is a global food and beverage company whose portfolio includes Pepsi-Cola, Mountain Dew, Gatorade, Lay’s, Doritos, Cheetos, Quaker, Tostitos, Fritos, and SodaStream. Its products span carbonated soft drinks, sports and energy beverages, bottled water, juices, convenient foods, snacks, and other packaged food offerings.

The company sells products through retail stores, restaurants, food-service providers, e-commerce platforms, and other distribution channels. PepsiCo serves consumers in North America and international markets across Latin America, Europe, Africa, the Middle East, and Asia-Pacific.