PepsiCo, Inc. $PEP Stock Holdings Cut by Parallel Advisors LLC

Parallel Advisors LLC reduced its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 17.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 49,967 shares of the company’s stock after selling 10,887 shares during the quarter. Parallel Advisors LLC’s holdings in PepsiCo were worth $6,332,000 at the end of the most recent reporting period.

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

PepsiCo Trading Down 1.0%

Shares of NASDAQ:PEP opened at $141.34 on Friday. The firm has a market cap of $192.61 billion, a price-to-earnings ratio of 17.76, a PEG ratio of 4.21 and a beta of 0.31. PepsiCo, Inc. has a 12 month low of $123.47 and a 12 month high of $171.48. The company’s fifty day simple moving average is $133.33 and its 200 day simple moving average is $145.75. 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 (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 firm had revenue of $25.27 billion during the quarter, compared to analyst estimates of $24.95 billion. PepsiCo had a net margin of 11.09% and a return on equity of 53.08%. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the prior year, the business earned $2.29 EPS. As a group, research analysts forecast that PepsiCo, Inc. will post 8.42 EPS for the current fiscal year.

Insider Transactions at PepsiCo

In other news, Director Robert C. Pohlad acquired 184,646 shares of the firm’s stock in a transaction that occurred on Wednesday, October 14th. The stock was acquired at an average cost of $128.28 per share, for a total transaction of $23,686,388.88. Following the completion of the acquisition, the director 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Ramon Laguarta sold 30,000 shares of PepsiCo stock in a transaction that occurred on 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 completion of the sale, the chief executive officer directly owned 491,645 shares in the company, valued at approximately $66,435,988.85. This represents a 5.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.12% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on PEP shares. Morgan Stanley set a $145.00 price target on shares of PepsiCo in a report on Friday, October 9th. Jefferies Financial Group reiterated a “hold” rating on shares of PepsiCo in a report on Thursday, October 8th. Piper Sandler decreased their target price on PepsiCo from $176.00 to $140.00 and set an “overweight” rating for the company in a research note on Friday, October 9th. UBS Group dropped their price target on PepsiCo from $159.00 to $145.00 and set a “buy” rating on the stock in a research report on Friday, October 2nd. Finally, Barclays decreased their price objective on PepsiCo from $133.00 to $126.00 and set an “equal weight” rating for the company in a research report on Monday, October 12th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $143.28.

PepsiCo News Summary

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

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.