3,699 Shares in PepsiCo, Inc. $PEP Bought by StoneRidge PMG Advisors LLC

StoneRidge PMG Advisors LLC bought a new position in shares of PepsiCo, Inc. (NASDAQ:PEP) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,699 shares of the company’s stock, valued at approximately $469,000.

Several other institutional investors also recently modified their holdings of PEP. Wilkerson Advisory Group LLC lifted its stake in shares of PepsiCo by 3.3% in the 1st quarter. Wilkerson Advisory Group LLC now owns 2,040 shares of the company’s stock valued at $317,000 after acquiring an additional 66 shares during the last quarter. Pittenger & Anderson Inc. increased its holdings in PepsiCo by 0.3% in the 1st quarter. Pittenger & Anderson Inc. now owns 24,895 shares of the company’s stock worth $3,866,000 after purchasing an additional 69 shares in the last quarter. Centerpoint Advisors LLC raised its position in PepsiCo by 4.1% in the second quarter. Centerpoint Advisors LLC now owns 1,918 shares of the company’s stock valued at $260,000 after purchasing an additional 75 shares during the last quarter. JNBA Financial Advisors raised its position in PepsiCo by 2.0% in the second quarter. JNBA Financial Advisors now owns 3,848 shares of the company’s stock valued at $521,000 after purchasing an additional 77 shares during the last quarter. Finally, 55 North Private Wealth LLC raised its holdings in PepsiCo by 4.2% in the 2nd quarter. 55 North Private Wealth LLC now owns 1,918 shares of the company’s stock valued at $260,000 after buying an additional 78 shares during the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo renewed its beverage partnership with KFC across eight international markets. The deal extends a longstanding relationship and could support sales and distribution as KFC expands internationally. PepsiCo Secures Renewal Across Select KFC International Markets
• Neutral Sentiment: A valuation analysis argues PEP could be undervalued, citing the KFC renewal and recent share performance. That is an analyst view, not a change to the company’s financial results. PepsiCo (PEP) Could Be 29% Undervalued Following Its KFC Deal Renewal
• Negative Sentiment: PepsiCo lowered its 2026 EPS growth outlook as North American margin pressures persist. Strong international growth and productivity savings may help offset the weakness, but the guidance cut is a potential drag on investor expectations. PepsiCo Lowers 2026 EPS Outlook as North America Pressures Margins
• Negative Sentiment: PepsiCo’s CEO reportedly sold shares after the guidance reduction, which could add to investor concerns about the weaker outlook. These 3 Underperforming Stocks Are Seeing Notable CEO Insider Trades
• Negative Sentiment: India’s food regulator has challenged PepsiCo’s energy-drink labeling, alleging the branding could mislead consumers. The dispute introduces potential regulatory and reputational risk, though the articles do not specify any financial penalty. PepsiCo, Monster face FSSAI pushback over energy drink labelling

Insider Activity at PepsiCo

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

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Weiss Ratings lowered PepsiCo from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, September 24th. TD Cowen reduced their price target on PepsiCo from $145.00 to $133.00 and set a “hold” rating on the stock in a research report on Monday, September 28th. Morgan Stanley set a $145.00 price target on PepsiCo in a research note on Friday, October 9th. JPMorgan Chase & Co. lowered their price objective on PepsiCo from $138.00 to $137.00 and set a “neutral” rating for the company in a research report on Friday, October 9th. Finally, Freedom Broker raised PepsiCo from a “hold” rating to a “strong-buy” rating in a research note on Saturday, October 10th. 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 company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $143.28.

PepsiCo Stock Performance

NASDAQ:PEP opened at $141.34 on Monday. PepsiCo, Inc. has a 52 week low of $123.47 and a 52 week high of $171.48. The company has a debt-to-equity ratio of 1.90, a quick ratio of 0.76 and a current ratio of 0.94. The firm’s fifty day moving average is $133.33 and its 200-day moving average is $145.75. The firm has a market cap of $192.61 billion, a P/E ratio of 17.76, a P/E/G ratio of 4.21 and a beta of 0.31.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Wednesday, October 7th. The company reported $2.34 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.05. The business had revenue of $25.27 billion during the quarter, compared to the consensus estimate of $24.95 billion. PepsiCo had a net margin of 11.09% and a return on equity of 53.08%. PepsiCo’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the firm earned $2.29 earnings per share. Equities analysts expect that PepsiCo, Inc. will post 8.42 earnings per share for the current year.

About PepsiCo

PepsiCo, Inc is a global food and beverage company that develops, manufactures, markets and distributes a broad range of products. Its portfolio includes snacks such as Lay’s, Doritos and Cheetos, as well as beverages including Pepsi, Gatorade and Mountain Dew.

The company was formed in 1965 through the merger of Pepsi-Cola and Frito-Lay. Its products are sold in more than 200 countries and territories through retail, food-service and other distribution channels.

PepsiCo is headquartered in Purchase, New York.