PepsiCo, Inc. $PEP Stock: Calamos Advisors LLC Raises Stake

Calamos Advisors LLC lifted its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 2.0% in the 3rd quarter, Holdings Channel reports. The firm owned 192,188 shares of the company’s stock after acquiring an additional 3,806 shares during the period. Calamos Advisors LLC’s holdings in PepsiCo were worth $24,354,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. BlackRock Inc. boosted its stake in shares of PepsiCo by 2.1% in the 2nd quarter. BlackRock Inc. now owns 118,281,854 shares of the company’s stock valued at $16,015,363,000 after purchasing an additional 2,440,377 shares in the last quarter. State Street Corp grew its stake in shares of PepsiCo by 1.7% during the second quarter. State Street Corp now owns 60,406,932 shares of the company’s stock valued at $8,179,099,000 after buying an additional 987,582 shares during the last quarter. Bank of America Corp DE grew its stake in shares of PepsiCo by 0.6% during the first quarter. Bank of America Corp DE now owns 21,283,701 shares of the company’s stock valued at $3,305,146,000 after buying an additional 133,325 shares during the last quarter. Amundi increased its holdings in shares of PepsiCo by 16.8% in the first quarter. Amundi now owns 11,444,671 shares of the company’s stock worth $1,777,243,000 after buying an additional 1,647,506 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of PepsiCo by 4.9% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 11,817,684 shares of the company’s stock worth $1,600,114,000 after buying an additional 549,336 shares during the period. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Insider Buying and Selling at PepsiCo

In other PepsiCo news, 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 transaction of $4,053,900.00. Following the completion of the sale, the chief executive officer owned 491,645 shares of the company’s stock, valued at approximately $66,435,988.85. The trade was a 5.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Robert C. Pohlad purchased 184,646 shares of the business’s stock in a transaction on Wednesday, October 14th. The shares were bought at an average cost of $128.28 per share, with a total value of $23,686,388.88. Following the acquisition, the director directly 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. Corporate insiders own 0.12% of the company’s stock.

PepsiCo Trading Down 1.0%

PEP stock traded down $1.37 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. The firm has a market cap of $192.61 billion, a PE ratio of 17.76, a PEG ratio of 4.19 and a beta of 0.31. The business has a fifty day simple moving average of $133.33 and a two-hundred day simple moving average of $145.75. PepsiCo, Inc. has a 12-month low of $123.47 and a 12-month high of $171.48. The company has a debt-to-equity ratio of 1.90, a quick ratio of 0.76 and a current ratio of 0.94.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Wednesday, October 7th. The company reported $2.34 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.05. PepsiCo had a net margin of 11.09% and a return on equity of 53.08%. 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 previous year, the firm posted $2.29 EPS. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. As a group, research analysts forecast that PepsiCo, Inc. will post 8.42 EPS for the current year.

Analyst Ratings Changes

PEP has been the subject of several analyst reports. Sanford C. Bernstein restated a “market perform” rating on shares of PepsiCo in a report on Friday, October 9th. Weiss Ratings cut PepsiCo from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, September 24th. TD Cowen cut their target price on shares of PepsiCo from $145.00 to $133.00 and set a “hold” rating on the stock in a report on Monday, September 28th. Freedom Broker raised shares of PepsiCo from a “hold” rating to a “strong-buy” rating in a research note on Saturday, October 10th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of PepsiCo in a report on Thursday, October 8th. 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $143.28.

Trending Headlines about 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

PepsiCo Profile

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.