PepsiCo, Inc. (NASDAQ:PEP – Get Free Report) shares shot up 1.6% during trading on Monday after an insider bought additional shares in the company. The stock traded as high as $133.81 and last traded at $133.57. 9,454,842 shares were traded during trading, an increase of 16% from the average daily volume of 8,152,799 shares. The stock had previously closed at $131.49.
Specifically, Director Robert Pohlad acquired 184,646 shares of the business’s stock in a transaction that occurred on Wednesday, October 14th. The shares were purchased at an average price of $128.28 per share, for a total transaction of $23,686,388.88. Following the acquisition, the director owned 433,009 shares of the company’s stock, valued at $55,546,394.52. This represents a 74.35% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Analysts Set New Price Targets
A number of analysts recently weighed in on PEP shares. Sanford C. Bernstein restated a “market perform” rating on shares of PepsiCo in a research note on Friday, October 9th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $132.00 target price on shares of PepsiCo in a research report on Friday, October 9th. Barclays reduced their price target on shares of PepsiCo from $133.00 to $126.00 and set an “equal weight” rating for the company in a research report on Monday, October 12th. Citigroup reaffirmed a “buy” rating on shares of PepsiCo in a research note on Friday, October 9th. Finally, Jefferies Financial Group restated a “hold” rating on shares of PepsiCo in a research note on Thursday, October 8th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $145.50.
Read Our Latest Research Report on PepsiCo
PepsiCo News Summary
Here are the key news stories impacting PepsiCo this week:
- Positive Sentiment: A PepsiCo director purchased approximately $23.7 million of PEP stock. The transaction may signal confidence that the shares are undervalued and provide support for investor sentiment. PepsiCo Director Buys Stock
- Positive Sentiment: PepsiCo remains a prominent dividend-stock candidate in investor comparisons, supported by its established consumer brands and income appeal. However, these articles are opinion pieces rather than new company announcements. PepsiCo or Philip Morris Dividend Comparison
- Neutral Sentiment: Analysts have published updated fiscal 2026 earnings expectations for PepsiCo, but no specific forecast change is provided in the report. Investors are already focused on the company’s recently reduced fiscal 2026 core EPS growth outlook. Analysts Offer PepsiCo FY2026 Earnings Predictions
- Neutral Sentiment: PepsiCo leaders are rethinking how employees and shareholders should benefit from productivity gains driven by artificial intelligence. Potential efficiency improvements could help over time, although the article does not identify a new financial target or investment commitment. AI Productivity Boom and PepsiCo
- Negative Sentiment: KFC has switched its fountain beverage business from Pepsi to Coca-Cola, representing another major account loss for PepsiCo. The move could reduce restaurant-channel sales and weaken PepsiCo’s turnaround narrative. Coke Wins KFC Beverage Business
- Negative Sentiment: The KFC loss is described as PepsiCo’s third significant customer setback this year. The reports also say PepsiCo may be more exposed than Coca-Cola to GLP-1-related changes in eating habits, adding pressure to snack demand and the broader recovery strategy. PepsiCo Faces Another Setback from Coca-Cola
PepsiCo Stock Performance
The company has a current ratio of 0.94, a quick ratio of 0.76 and a debt-to-equity ratio of 1.90. The stock’s 50 day moving average price is $134.44 and its 200 day moving average price is $142.15. The company has a market cap of $182.02 billion, a price-to-earnings ratio of 16.78, a P/E/G ratio of 3.92 and a beta of 0.35.
PepsiCo (NASDAQ:PEP – Get Free Report) last released its quarterly earnings data on Wednesday, October 7th. The company reported $2.34 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.05. The company had revenue of $25.27 billion for the quarter, compared to the consensus estimate of $24.95 billion. PepsiCo had a return on equity of 53.08% and a net margin of 11.09%. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period last year, the business posted $2.29 EPS. On average, analysts expect that PepsiCo, Inc. will post 8.41 EPS for the current fiscal year.
Institutional Investors Weigh In On PepsiCo
Large investors have recently modified their holdings of the stock. Bank of America Corp DE purchased a new position in shares of PepsiCo in the second quarter valued at $2,755,509,000. Legal & General Group Plc acquired a new stake in PepsiCo during the 2nd quarter valued at $1,200,274,000. Corient Private Wealth LP acquired a new stake in PepsiCo during the 2nd quarter valued at $297,116,000. Canada Pension Plan Investment Board purchased a new stake in PepsiCo during the 2nd quarter worth $487,558,000. Finally, Diamant Asset Management Inc. increased its stake in PepsiCo by 16,146.5% during the 1st quarter. Diamant Asset Management Inc. now owns 3,586,423 shares of the company’s stock worth $556,936,000 after buying an additional 3,564,348 shares during the period. Institutional investors and hedge funds own 73.07% of the company’s stock.
About PepsiCo
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.
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