PepsiCo, Inc. $PEP Stock Sold by Phoenix Wealth Advisors

Phoenix Wealth Advisors cut its position in PepsiCo, Inc. (NASDAQ:PEP) by 64.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,266 shares of the company’s stock after selling 4,075 shares during the quarter. Phoenix Wealth Advisors’ holdings in PepsiCo were worth $287,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Alps Advisors Inc. increased its holdings in shares of PepsiCo by 16.8% in the third quarter. Alps Advisors Inc. now owns 70,726 shares of the company’s stock valued at $8,962,000 after purchasing an additional 10,182 shares during the period. CenterBook Partners LP purchased a new stake in shares of PepsiCo during the third quarter worth approximately $2,345,000. Asset One Wealth Management LLC lifted its holdings in shares of PepsiCo by 97.3% during the third quarter. Asset One Wealth Management LLC now owns 4,088 shares of the company’s stock worth $518,000 after purchasing an additional 2,016 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of PepsiCo by 28.1% during the third quarter. International Assets Investment Management LLC now owns 18,356 shares of the company’s stock worth $2,306,000 after purchasing an additional 4,032 shares during the period. Finally, Calamos Advisors LLC grew its position in PepsiCo by 2.0% in the 3rd quarter. Calamos Advisors LLC now owns 192,188 shares of the company’s stock valued at $24,354,000 after buying an additional 3,806 shares during the last quarter. 73.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

PEP has been the subject of several recent analyst reports. TD Cowen reduced their target price on shares of PepsiCo from $145.00 to $133.00 and set a “hold” rating for the company in a research note on Monday, September 28th. Evercore dropped their price target on shares of PepsiCo from $150.00 to $135.00 in a research note on Wednesday, September 30th. Sanford C. Bernstein reiterated a “market perform” rating on shares of PepsiCo in a research note on Friday, October 9th. Wells Fargo & Company cut their price target on shares of PepsiCo from $140.00 to $135.00 and set an “equal weight” rating for the company in a report on Monday, October 5th. Finally, Weiss Ratings downgraded shares of PepsiCo from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $143.28.

Insiders Place Their Bets

In other PepsiCo news, Director Robert Pohlad acquired 184,646 shares of the firm’s stock in a transaction dated Wednesday, October 14th. The shares were acquired at an average price of $128.28 per share, for a total transaction of $23,686,388.88. Following the completion of 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Ramon Laguarta sold 30,000 shares of the company’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 transaction, the chief executive officer owned 491,645 shares of the company’s stock, valued at $66,435,988.85. The trade was a 5.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.12% of the company’s stock.

PepsiCo Price Performance

Shares of PepsiCo stock traded down $1.37 during trading on Friday, hitting $141.34. 8,708,176 shares of the company were exchanged, compared to its average volume of 10,537,633. 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, Inc. has a fifty-two week low of $123.47 and a fifty-two week high of $171.48. The firm has a 50 day moving average price of $133.33 and a 200 day moving average price of $145.75. The stock 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.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings data on Wednesday, October 7th. The company reported $2.34 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.05. The business had revenue of $25.27 billion for the quarter, compared to analyst estimates of $24.95 billion. PepsiCo had a return on equity of 53.08% and a net margin of 11.09%. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter last year, the company earned $2.29 earnings per share. On average, equities analysts expect that PepsiCo, Inc. will post 8.42 earnings per share for the current fiscal year.

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

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.