PepsiCo, Inc. $PEP Holdings Trimmed by Westover Capital Advisors LLC

Posted by Stanley Muller on Oct 28th, 2026

Westover Capital Advisors LLC lowered its position in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 73.9% in the third quarter, Holdings Channel reports. The institutional investor owned 2,095 shares of the company’s stock after selling 5,935 shares during the period. Westover Capital Advisors LLC’s holdings in PepsiCo were worth $265,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of PEP. Wilkerson Advisory Group LLC increased its position in PepsiCo by 3.3% during the first 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 period. Partners Wealth Management LLC raised its stake in PepsiCo by 3.5% in the 1st quarter. Partners Wealth Management LLC now owns 1,998 shares of the company’s stock worth $310,000 after purchasing an additional 68 shares in the last quarter. Pittenger & Anderson Inc. boosted its holdings in PepsiCo by 0.3% in the 1st 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 during the period. Burford Brothers Inc. boosted its holdings in PepsiCo by 2.1% in the 1st quarter. Burford Brothers Inc. now owns 3,416 shares of the company’s stock valued at $531,000 after purchasing an additional 70 shares during the period. Finally, Johnson Wealth Management LLC boosted its holdings in PepsiCo by 2.9% in the 1st quarter. Johnson Wealth Management LLC now owns 2,526 shares of the company’s stock valued at $392,000 after purchasing an additional 71 shares during the period. Institutional investors own 73.07% of the company’s stock.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

Positive Sentiment: PepsiCo’s roughly 4.3% dividend yield is nearly twice Coca-Cola’s 2.2%, reinforcing PEP’s appeal to income-focused investors. Both companies are Dividend Kings with more than five decades of consecutive dividend increases. Coca-Cola Yields Just 2.2% Compared to 4.3% for PepsiCo
Positive Sentiment: PepsiCo and Grimme are developing a virtual potato harvester designed to help growers protect crop quality and reduce waste. The technology could support supply-chain efficiency and the Frito-Lay business over time. Inside the Virtual Potato Harvester
Positive Sentiment: One valuation analysis described PEP as potentially below fair value after a roughly 7.4% 12-month decline, which may attract investors seeking a discounted consumer-staples stock. PepsiCo Stock Looks Below Fair Value
Neutral Sentiment: PepsiCo’s latest reported quarter exceeded analyst expectations, with $2.34 in EPS and $25.27 billion in revenue, although investors remain focused on whether growth can reaccelerate.
Neutral Sentiment: A reported short-interest update showed zero shares sold short and a zero-day days-to-cover ratio, an unusual figure that may reflect incomplete or unreliable data rather than a meaningful trading signal.
Negative Sentiment: A fire and explosion at a PepsiCo Quaker Oats plant could create temporary production, supply-chain and cost disruptions. Fire, Explosion Strike PepsiCo Quaker Oats Plant
Negative Sentiment: CEO Ramon Laguarta reportedly sold approximately $4.05 million of PEP stock, which can weigh on sentiment even though insider sales may be routine. PepsiCo CEO Sells Stock
Negative Sentiment: PepsiCo faces an ₹8,000 consumer payout over an alleged Lay’s packet-weight dispute, adding a minor legal and reputational concern. PepsiCo Faces Payout Over Lay’s Packet Weight Dispute
Negative Sentiment: Commentary argues PepsiCo has lost focus in the cola business and notes Coca-Cola’s stronger recent share-price performance, raising concerns about execution and competitive positioning. PepsiCo Started Losing the Cola Wars

Analyst Ratings Changes

A number of research analysts have issued reports on PEP shares. Royal Bank Of Canada decreased their target price on shares of PepsiCo from $161.00 to $150.00 and set a “sector perform” rating on the stock in a research report on Tuesday, October 6th. Barclays dropped 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. 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. UBS Group reduced 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, Citigroup restated a “buy” rating 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 issued a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $143.28.

View Our Latest Analysis on PepsiCo

PepsiCo Trading Down 1.4%

Shares of PepsiCo stock opened at $133.50 on Wednesday. PepsiCo, Inc. has a 12-month low of $123.47 and a 12-month high of $171.48. The firm’s 50-day moving average price is $133.91 and its two-hundred day moving average price is $145.96.

PepsiCo (NASDAQ:PEP – Get Free Report) last issued its earnings results on Wednesday, October 7th. The company reported $2.34 EPS for the quarter, beating the consensus estimate 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. During the same quarter in the previous year, the firm posted $2.29 earnings per share. PepsiCo’s quarterly revenue was up 5.6% compared to the same quarter last year. Equities research analysts anticipate that PepsiCo, Inc. will post 8.39 EPS for the current year.

Insider Activity at PepsiCo

In other PepsiCo news, Director Robert Pohlad bought 184,646 shares of the business’s stock in a transaction on Wednesday, October 14th. The stock was purchased at an average cost of $128.28 per share, for a total transaction of $23,686,388.88. Following the completion of the purchase, the director directly owned 433,009 shares of the company’s stock, valued at approximately $55,546,394.52. This trade represents a 74.35% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Ramon Laguarta sold 30,000 shares of the firm’s stock in a transaction 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. The SEC filing for this sale provides additional information. Company insiders own 0.12% of the company’s stock.

PepsiCo Profile

(Free Report)

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.