PepsiCo, Inc. $PEP Shares Sold by Pekin Hardy Strauss Inc.

Posted by Stanley Muller on Nov 6th, 2026

Pekin Hardy Strauss Inc. cut its holdings in PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 16.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 23,900 shares of the company’s stock after selling 4,835 shares during the period. Pekin Hardy Strauss Inc.’s holdings in PepsiCo were worth $3,029,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in PEP. Wilkerson Advisory Group LLC raised its position in PepsiCo by 3.3% in the first quarter. Wilkerson Advisory Group LLC now owns 2,040 shares of the company’s stock valued at $317,000 after purchasing an additional 66 shares during the period. Pittenger & Anderson Inc. lifted its stake in shares of 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 last quarter. Centerpoint Advisors LLC lifted its stake in shares of PepsiCo by 4.1% in the 2nd quarter. Centerpoint Advisors LLC now owns 1,918 shares of the company’s stock valued at $260,000 after purchasing an additional 75 shares during the last quarter. JNBA Financial Advisors grew its holdings in shares of PepsiCo by 2.0% during the 2nd 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 grew its holdings in shares of PepsiCo by 4.2% during the 2nd 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 during the period. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

PepsiCo Trading Up 0.2%

Shares of NASDAQ PEP opened at $142.71 on Friday. PepsiCo, Inc. has a twelve month low of $123.47 and a twelve month high of $171.48. 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 has a fifty day simple moving average of $133.30 and a 200-day simple moving average of $145.78. The stock has a market capitalization of $194.48 billion, a PE ratio of 17.93, a PEG ratio of 4.24 and a beta of 0.31.

PepsiCo (NASDAQ:PEP – Get Free Report) last posted its earnings results on Wednesday, October 7th. The company reported $2.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.05. PepsiCo had a return on equity of 53.08% and a net margin of 11.09%. The firm had revenue of $25.27 billion for the quarter, compared to analyst estimates of $24.95 billion. During the same quarter in the prior year, the company earned $2.29 EPS. PepsiCo’s revenue was up 5.6% on a year-over-year basis. On average, equities analysts forecast that PepsiCo, Inc. will post 8.42 earnings per share for the current year.

Insider Transactions at PepsiCo

In other news, CEO Ramon Laguarta sold 30,000 shares of the firm’s 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 transaction, the chief executive officer owned 491,645 shares of the company’s stock, valued at approximately $66,435,988.85. This trade represents a 5.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robert C. Pohlad acquired 184,646 shares of the stock in a transaction dated Wednesday, October 14th. The stock was acquired at an average cost of $128.28 per share, with a total value of $23,686,388.88. Following the purchase, the director 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 position. The SEC filing for this purchase provides additional information. 0.12% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

PEP has been the subject of a number of recent analyst reports. Barclays cut 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. JPMorgan Chase & Co. decreased their target price on shares of PepsiCo from $138.00 to $137.00 and set a “neutral” rating on the stock in a research report on Friday, October 9th. Piper Sandler lowered their target price on shares of PepsiCo from $176.00 to $140.00 and set an “overweight” rating for the company in a research note on Friday, October 9th. Morgan Stanley set a $145.00 price target on shares of PepsiCo in a research report on Friday, October 9th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $132.00 price target on shares of PepsiCo in a research note on Friday, October 9th. One 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. Based on data from MarketBeat.com, PepsiCo has an average rating of “Hold” and an average target price of $143.28.

View Our Latest Stock Report on PEP

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

Positive Sentiment: PepsiCo’s shares had gained 15.1% over the past month. Strong international growth, a discounted valuation and productivity savings are supporting the investment case. Article: PepsiCo Jumps 15.1% in a Month as Investors Weigh What Comes Next
Positive Sentiment: Snack affordability and pricing initiatives are reportedly helping lift volumes and consumer demand, offering a potential counterweight to cost and margin pressures. Article: Can PepsiCo’s Snack Pricing Strategy Drive Volume Growth?
Positive Sentiment: PepsiCo India is partnering with GIZ and Bayer on climate-resilient maize farming. The initiative may support supply-chain resilience over time, though near-term financial impact is unclear. Article: GIZ, PepsiCo India, Bayer partner to advance climate-resilient maize farming
Neutral Sentiment: Investors are debating whether PEP’s valuation discount and international growth compensate for slower earnings growth and debt. This tug-of-war may limit the impact of the recent rally. Article: Is PepsiCo a Buy or a Wait as Value Clashes With Slower EPS Growth?
Negative Sentiment: PepsiCo lowered its 2026 EPS growth outlook as North American margin pressures persist. This is the clearest near-term headwind, despite international growth and productivity savings. Article: PepsiCo Lowers 2026 EPS Outlook as North America Pressures Margins
Negative Sentiment: India’s food regulator alleges PepsiCo and Monster’s “energy drink” labeling misled consumers; a court hearing could bring regulatory or reputational risk. Article: India says PepsiCo, Monster marketed with ‘energy drink’ label to dupe consumers

About PepsiCo

(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.