Oppenheimer & Co. Inc. lowered its stake in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 7.2% in the third quarter, Holdings Channel reports. The firm owned 124,540 shares of the company’s stock after selling 9,728 shares during the period. Oppenheimer & Co. Inc.’s holdings in PepsiCo were worth $15,782,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Verdence Capital Advisors LLC grew its position in shares of PepsiCo by 16.1% in the third quarter. Verdence Capital Advisors LLC now owns 39,285 shares of the company’s stock valued at $4,978,000 after purchasing an additional 5,456 shares during the last quarter. Flagship Harbor Advisors LLC increased its stake in shares of PepsiCo by 15.9% in the third quarter. Flagship Harbor Advisors LLC now owns 15,093 shares of the company’s stock worth $1,913,000 after purchasing an additional 2,075 shares during the period. apricus wealth LLC lifted its position in shares of PepsiCo by 11.8% during the 3rd quarter. apricus wealth LLC now owns 5,684 shares of the company’s stock worth $720,000 after purchasing an additional 600 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. lifted its position in shares of PepsiCo by 1.3% during the 3rd quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 178,693 shares of the company’s stock worth $22,644,000 after purchasing an additional 2,249 shares during the last quarter. Finally, Leo Wealth LLC bought a new stake in PepsiCo during the 3rd quarter valued at approximately $1,169,000. Institutional investors and hedge funds own 73.07% of the company’s stock.
Insider Buying and Selling at PepsiCo
In other news, Director Robert Pohlad bought 184,646 shares of the company’s stock in a transaction dated Wednesday, October 14th. The stock was bought at an average price of $128.28 per share, for a total transaction of $23,686,388.88. Following the completion of the transaction, the director directly owned 433,009 shares in the company, valued at $55,546,394.52. The trade was a 74.35% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Ramon Laguarta sold 30,000 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer directly owned 491,645 shares of the company’s stock, valued at $66,435,988.85. This 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 corporate insiders.
Wall Street Analyst Weigh In
Several research analysts have commented on the company. Evercore dropped their price target on PepsiCo from $150.00 to $135.00 in a research report on Wednesday, September 30th. Wells Fargo & Company reduced their price objective on PepsiCo from $140.00 to $135.00 and set an “equal weight” rating for the company in a research report on Monday, October 5th. The Goldman Sachs Group restated a “buy” rating and issued a $165.00 price objective on shares of PepsiCo in a research note on Thursday, October 8th. BNP Paribas Exane dropped their target price on shares of PepsiCo from $161.00 to $157.00 and set an “outperform” rating on the stock in a research report on Friday, October 9th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $132.00 target price on shares of PepsiCo in a research note on Friday, October 9th. 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, PepsiCo currently has an average rating of “Hold” and an average price target of $143.28.
Check Out Our Latest Research Report on PEP
PepsiCo Price Performance
PepsiCo stock opened at $135.46 on Tuesday. The company has a debt-to-equity ratio of 1.90, a current ratio of 0.94 and a quick ratio of 0.76. The company has a market capitalization of $184.60 billion, a PE ratio of 17.02, a price-to-earnings-growth ratio of 4.06 and a beta of 0.35. PepsiCo, Inc. has a one year low of $123.47 and a one year high of $171.48. The business has a 50 day simple moving average of $134.12 and a 200 day simple moving average of $145.99.
PepsiCo (NASDAQ:PEP – Get Free Report) last issued its quarterly earnings data on Wednesday, October 7th. The company reported $2.34 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.05. The firm had revenue of $25.27 billion for the quarter, compared to analysts’ expectations of $24.95 billion. PepsiCo had a net margin of 11.09% and a return on equity of 53.08%. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.29 earnings per share. On average, sell-side analysts forecast that PepsiCo, Inc. will post 8.39 EPS for the current fiscal year.
Trending Headlines about PepsiCo
Here are the key news stories impacting PepsiCo this week:
- Positive Sentiment: PepsiCo appears potentially undervalued after a choppy year, with investors assessing whether its current valuation is supported by the company’s earnings power. Its sizeable dividend remains a potential attraction for long-term income investors. PepsiCo Stock Looks Below Fair Value After a Choppy Year
- Positive Sentiment: Heavy call-option buying indicates that some traders are positioning for a rebound, though options activity is not a guarantee of future performance. PepsiCo Stock Sees Heavy Call Option Buying
- Neutral Sentiment: A report listed short interest at zero shares and a zero-day days-to-cover ratio. Because the figures conflict with the description of a large increase in short interest, investors should treat the data as potentially anomalous rather than as a meaningful trading signal.
- Neutral Sentiment: Discontinuation of a Mountain Dew flavor is unlikely to materially affect PepsiCo’s financial results, but it illustrates the company’s ongoing need to manage its product portfolio. Mountain Dew Flavor Discontinued
- Negative Sentiment: PepsiCo reportedly cut its earnings outlook while Coca-Cola raised guidance, widening the perceived execution gap between the beverage rivals and weighing on confidence in PepsiCo’s near-term growth. PepsiCo Pays More, Coca-Cola Looks Stronger
- Negative Sentiment: A fire and explosion at a PepsiCo Quaker Oats facility could disrupt production and create repair, safety or supply-chain costs, although the financial impact is not yet clear. Fire and Explosion Strike Quaker Oats Plant
- Negative Sentiment: CEO insider selling worth approximately $4.05 million can pressure sentiment because investors may interpret it as reduced management exposure, even though insider sales can reflect personal financial planning. PepsiCo CEO Sells Stock
- Negative Sentiment: Commentary that PepsiCo is losing ground in the cola wars—including KFC’s reported switch to Coca-Cola—raises concerns about brand momentum and management focus in beverages. Analysts also lowered fiscal 2026 EPS estimates. PepsiCo’s Cola Wars and KFC Challenges Lowered PepsiCo EPS Estimates
PepsiCo Company 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.
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