4,075 PepsiCo, Inc. $PEP Shares Sold by Phoenix Wealth Advisors

Posted by George Bondi on Nov 7th, 2026

Phoenix Wealth Advisors reduced its stake in PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 64.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,266 shares of the company’s stock after selling 4,075 shares during the period. Phoenix Wealth Advisors’ holdings in PepsiCo were worth $287,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Bank of America Corp DE acquired a new stake in shares of PepsiCo during the second quarter valued at about $2,755,509,000. Legal & General Group Plc acquired a new position in shares of PepsiCo in the 2nd quarter worth approximately $1,200,274,000. Corient Private Wealth LP acquired a new position in shares of PepsiCo in the 2nd quarter worth approximately $297,116,000. Canada Pension Plan Investment Board purchased a new position in shares of PepsiCo during the 2nd quarter worth approximately $487,558,000. Finally, Assenagon Asset Management S.A. boosted its position in shares of PepsiCo by 952.6% during the 2nd quarter. Assenagon Asset Management S.A. now owns 3,715,812 shares of the company’s stock worth $503,121,000 after purchasing an additional 3,362,794 shares during the period. Institutional investors and hedge funds own 73.07% of the company’s stock.

Key Stories Impacting 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

Wall Street Analyst Weigh In

PEP has been the topic of a number of research analyst reports. Evercore cut their target price on PepsiCo from $150.00 to $135.00 in a research report on Wednesday, September 30th. Wells Fargo & Company lowered their price target 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. Weiss Ratings cut PepsiCo from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, September 24th. Citigroup reiterated a “buy” rating on shares of PepsiCo in a report on Friday, October 9th. Finally, JPMorgan Chase & Co. decreased their target price on PepsiCo from $138.00 to $137.00 and set a “neutral” rating on the stock in a research note on Friday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, PepsiCo has an average rating of “Hold” and a consensus target price of $143.28.

Get Our Latest Stock Report on PEP

Insiders Place Their Bets

In other news, CEO Ramon Laguarta sold 30,000 shares of the stock in a transaction 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 sale, the chief executive officer directly owned 491,645 shares in the company, valued at approximately $66,435,988.85. This trade represents a 5.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert Pohlad bought 184,646 shares of the firm’s stock in a transaction that occurred on 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 completion of the acquisition, the director owned 433,009 shares of the company’s stock, valued at $55,546,394.52. This trade represents a 74.35% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.12% of the stock is currently owned by corporate insiders.

PepsiCo Stock Down 1.0%

Shares of PEP stock traded down $1.37 during trading on Friday, reaching $141.34. The company’s stock had a trading volume of 8,708,176 shares, compared to its average volume of 10,537,633. PepsiCo, Inc. has a 1-year low of $123.47 and a 1-year high of $171.48. The stock’s 50-day moving average price is $133.33 and its 200 day moving average price is $145.75. The company has a market capitalization of $192.61 billion, a price-to-earnings ratio of 17.76, a P/E/G ratio of 4.19 and a beta of 0.31. The company has a debt-to-equity ratio of 1.90, a current ratio of 0.94 and a quick ratio of 0.76.

PepsiCo (NASDAQ:PEP – Get Free Report) last released its earnings results on Wednesday, October 7th. The company reported $2.34 earnings per share (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 analyst estimates of $24.95 billion. PepsiCo had a net margin of 11.09% and a return on equity of 53.08%. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the business earned $2.29 EPS. On average, research analysts anticipate that PepsiCo, Inc. will post 8.42 EPS for the current year.

PepsiCo Profile

(Free Report)

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.