10,182 PepsiCo, Inc. $PEP Shares Purchased by Alps Advisors Inc.

Key Points

• Alps Advisors increased its PepsiCo stake by 16.8%, buying 10,182 shares and bringing its total holdings to 70,726 shares, valued at about $8.96 million.
• Insider trades were mixed: CEO Ramon Laguarta sold 30,000 shares, while director Robert C. Pohlad bought 184,646 shares. Institutional investors own 73.07% of PepsiCo stock.
• PepsiCo beat quarterly earnings and revenue estimates, but its 2026 EPS growth outlook was cut amid North American margin pressure. Analysts’ consensus rating is Hold, with a $143.28 average price target.

Alps Advisors Inc. increased its stake in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 16.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 70,726 shares of the company's stock after purchasing an additional 10,182 shares during the period. Alps Advisors Inc.'s holdings in PepsiCo were worth $8,962,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Evergreen Advisors LLC purchased a new position in shares of PepsiCo in the 1st quarter worth $25,000. Montgomery Financial Services LLC bought a new position in PepsiCo in the second quarter valued at about $25,000. Next Level Wealth Planning LLC bought a new position in PepsiCo in the third quarter valued at about $26,000. Atlatl Advisers LLC purchased a new position in PepsiCo in the second quarter worth about $31,000. Finally, Osterweis Capital Management Inc. purchased a new position in PepsiCo in the second quarter worth about $31,000. Institutional investors own 73.07% of the company's stock.

Insider Activity at PepsiCo

In other PepsiCo news, CEO Ramon Laguarta sold 30,000 shares of the company'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 transaction, the chief executive officer directly owned 491,645 shares in the company, valued at $66,435,988.85. This represents a 5.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert C. Pohlad acquired 184,646 shares of PepsiCo stock in a transaction on Wednesday, October 14th. The shares were purchased 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 in the company, valued at $55,546,394.52. This trade represents a 74.35% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.12% of the stock is owned by insiders.

Key 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

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Barclays cut their target price 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. Royal Bank Of Canada dropped their price target on shares of PepsiCo from $161.00 to $150.00 and set a "sector perform" rating on the stock in a research note on Tuesday, October 6th. Freedom Broker upgraded shares of PepsiCo from a "hold" rating to a "strong-buy" rating in a research note on Saturday, October 10th. Evercore cut their price objective on shares of PepsiCo from $150.00 to $135.00 in a research report on Wednesday, September 30th. Finally, Weiss Ratings cut PepsiCo from a "hold (c)" rating to a "hold (c-)" rating in a report on Thursday, September 24th. One equities research 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 given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $143.28.

PepsiCo Stock Performance

NASDAQ PEP opened at $141.34 on Friday. The company has a debt-to-equity ratio of 1.90, a current ratio of 0.94 and a quick ratio of 0.76. PepsiCo, Inc. has a 1-year low of $123.47 and a 1-year high of $171.48. The business has a 50 day simple moving average of $133.33 and a two-hundred day simple moving average of $145.75. The stock has a market capitalization of $192.61 billion, a PE ratio of 17.76, a P/E/G ratio of 4.21 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 for the quarter, topping 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 the consensus estimate of $24.95 billion. During the same period in the previous year, the firm posted $2.29 EPS. The business's quarterly revenue was up 5.6% on a year-over-year basis. On average, research analysts predict that PepsiCo, Inc. will post 8.42 EPS for the current fiscal year.

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.

Want to see what other hedge funds are holding PEP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PepsiCo, Inc. (NASDAQ:PEP - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.