Ethic Inc. Acquires 8,050 Shares of PepsiCo, Inc. $PEP

Key Points

• Ethic Inc. increased its PepsiCo stake by 8.7% in the third quarter, purchasing 8,050 shares and bringing its holdings to 100,121 shares, valued at about $12.7 million. Institutional investors collectively own 73.07% of the stock.
• PepsiCo reported quarterly adjusted earnings of $2.34 per share and revenue of $25.27 billion, topping analyst expectations; revenue rose 5.6% year over year.
• Analyst sentiment is mostly cautious: PepsiCo has a consensus “Hold” rating and an average price target of $143.28. The article also notes CEO Ramon Laguarta sold 30,000 shares, while a director bought 184,646 shares.

Ethic Inc. raised its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 8.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,121 shares of the company's stock after buying an additional 8,050 shares during the period. Ethic Inc.'s holdings in PepsiCo were worth $12,687,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of PEP. Wilkerson Advisory Group LLC raised its stake in shares of PepsiCo by 3.3% in the 1st quarter. Wilkerson Advisory Group LLC now owns 2,040 shares of the company's stock valued at $317,000 after acquiring an additional 66 shares during the period. Pittenger & Anderson Inc. boosted its position in PepsiCo by 0.3% during the 1st quarter. Pittenger & Anderson Inc. now owns 24,895 shares of the company's stock worth $3,866,000 after purchasing an additional 69 shares during the period. Centerpoint Advisors LLC boosted its position in PepsiCo by 4.1% during the 2nd quarter. Centerpoint Advisors LLC now owns 1,918 shares of the company's stock worth $260,000 after purchasing an additional 75 shares during the period. JNBA Financial Advisors increased its holdings in PepsiCo by 2.0% in the 2nd quarter. JNBA Financial Advisors now owns 3,848 shares of the company's stock valued at $521,000 after purchasing an additional 77 shares in the last quarter. Finally, 55 North Private Wealth LLC raised its position in PepsiCo by 4.2% in the second quarter. 55 North Private Wealth LLC now owns 1,918 shares of the company's stock valued at $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 Price Performance

Shares of PEP stock opened at $141.34 on Monday. The firm has a market cap of $192.61 billion, a P/E ratio of 17.76, a P/E/G ratio of 4.21 and a beta of 0.31. 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 firm has a fifty day moving average of $133.33 and a two-hundred day moving average of $145.75.

PepsiCo (NASDAQ:PEP - Get Free Report) last released its earnings results on Wednesday, October 7th. The company reported $2.34 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.05. The company had revenue of $25.27 billion during the quarter, compared to the consensus estimate of $24.95 billion. PepsiCo had a net margin of 11.09% and a return on equity of 53.08%. The company's revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.29 EPS. As a group, research analysts anticipate that PepsiCo, Inc. will post 8.42 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

PEP has been the topic of a number of recent research reports. BNP Paribas Exane reduced their price objective on PepsiCo from $161.00 to $157.00 and set an "outperform" rating on the stock in a research note on Friday, October 9th. TD Cowen lowered their target price on PepsiCo from $145.00 to $133.00 and set a "hold" rating for the company in a research note on Monday, September 28th. JPMorgan Chase & Co. dropped their target price on PepsiCo from $138.00 to $137.00 and set a "neutral" rating on the stock in a report on Friday, October 9th. Wells Fargo & Company reduced their price target on PepsiCo from $140.00 to $135.00 and set an "equal weight" rating on the stock in a research report on Monday, October 5th. Finally, UBS Group lowered their price objective on shares of PepsiCo from $159.00 to $145.00 and set a "buy" rating for the company in a research report on Friday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $143.28.

Insider Transactions at PepsiCo

In other PepsiCo news, CEO Ramon Laguarta sold 30,000 shares of the company's stock in a transaction that occurred on 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 sale, the chief executive officer owned 491,645 shares in the company, valued at $66,435,988.85. This represents a 5.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Robert C. Pohlad bought 184,646 shares of PepsiCo stock in a transaction on Wednesday, October 14th. The shares were purchased at an average cost of $128.28 per share, for a total transaction of $23,686,388.88. Following the acquisition, the director owned 433,009 shares in the company, valued at $55,546,394.52. The trade was a 74.35% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.12% of the stock is currently owned by company insiders.

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 Company 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.

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