PepsiCo, Inc. $PEP Holdings Trimmed by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA trimmed its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 2.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 832,457 shares of the company’s stock after selling 19,127 shares during the quarter. Pictet Asset Management Holding SA owned approximately 0.06% of PepsiCo worth $105,489,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Evergreen Advisors LLC purchased a new stake in shares of PepsiCo during the first quarter valued at approximately $25,000. Montgomery Financial Services LLC purchased a new position in shares of PepsiCo in the second quarter worth $25,000. Next Level Wealth Planning LLC purchased a new position in shares of PepsiCo in the third quarter worth $26,000. Atlatl Advisers LLC bought a new stake in PepsiCo during the 2nd quarter valued at $31,000. Finally, Osterweis Capital Management Inc. bought a new stake in PepsiCo during the 2nd quarter valued at $31,000. 73.07% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at PepsiCo

In other news, CEO Ramon Laguarta sold 30,000 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $66,435,988.85. This trade represents a 5.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Robert Pohlad bought 184,646 shares of the business’s stock in a transaction dated Wednesday, October 14th. The shares were bought at an average cost of $128.28 per share, for a total transaction of $23,686,388.88. Following the purchase, the director directly owned 433,009 shares in the company, valued at approximately $55,546,394.52. This represents a 74.35% increase in their position. The SEC filing for this purchase provides additional information. 0.12% of the stock is currently owned by corporate insiders.

More PepsiCo News

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

PepsiCo Price Performance

Shares of PepsiCo stock opened at $141.34 on Monday. The business has a 50 day moving average of $133.33 and a 200 day moving average of $145.75. PepsiCo, Inc. has a 52 week low of $123.47 and a 52 week high of $171.48. The company has a market cap of $192.61 billion, a PE ratio of 17.76, a P/E/G ratio of 4.21 and a beta of 0.31. The company has a quick ratio of 0.76, a current ratio of 0.94 and a debt-to-equity ratio of 1.90.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings results on Wednesday, October 7th. The company reported $2.34 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.05. The business 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 firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.29 earnings per share. As a group, equities research analysts forecast that PepsiCo, Inc. will post 8.42 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on PEP shares. 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. BNP Paribas Exane decreased their price objective 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. The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 price objective on shares of PepsiCo in a research note on Thursday, October 8th. JPMorgan Chase & Co. dropped their target price on shares of PepsiCo from $138.00 to $137.00 and set a “neutral” rating for the company in a report on Friday, October 9th. Finally, Evercore cut their target price on PepsiCo from $150.00 to $135.00 in a research note on Wednesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $143.28.

About PepsiCo

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.