Leo Wealth LLC Purchases New Shares in PepsiCo, Inc. $PEP

Key Points

• Leo Wealth LLC acquired 9,223 PepsiCo shares worth approximately $1.17 million during the third quarter. Institutional investors and hedge funds collectively own 73.07% of PepsiCo’s outstanding stock.
• PepsiCo’s latest results exceeded expectations, with quarterly EPS of $2.34 versus the $2.29 consensus and revenue of $25.27 billion, up 5.6% year over year.
• Despite potential value and dividend appeal, analyst sentiment remains cautious: PepsiCo has a consensus “Hold” rating, a $143.28 average price target, and several brokerages recently lowered their targets amid concerns about growth and competitive execution.

Leo Wealth LLC acquired a new stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,223 shares of the company's stock, valued at approximately $1,169,000.

A number of other large investors have also recently added to or reduced their stakes in the business. BlackRock Inc. raised its position in PepsiCo by 2.1% in the second 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 during the period. State Street Corp grew its holdings in shares of PepsiCo by 1.7% during the 2nd quarter. State Street Corp now owns 60,406,932 shares of the company's stock worth $8,179,099,000 after purchasing an additional 987,582 shares during the period. Bank of America Corp DE grew its holdings in shares of PepsiCo by 0.6% during the 1st quarter. Bank of America Corp DE now owns 21,283,701 shares of the company's stock worth $3,305,146,000 after purchasing an additional 133,325 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of PepsiCo by 4.9% during the 2nd 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 purchasing an additional 549,336 shares during the last quarter. Finally, Amundi increased its position in shares of PepsiCo by 16.8% during the 1st quarter. Amundi now owns 11,444,671 shares of the company's stock worth $1,777,243,000 after purchasing an additional 1,647,506 shares during the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo appears potentially undervalued after a choppy year, with investors assessing whether its current valuation is supported by the company’s earnings power. Its sizeable dividend remains a potential attraction for long-term income investors. PepsiCo Stock Looks Below Fair Value After a Choppy Year
• Positive Sentiment: Heavy call-option buying indicates that some traders are positioning for a rebound, though options activity is not a guarantee of future performance. PepsiCo Stock Sees Heavy Call Option Buying
• Neutral Sentiment: A report listed short interest at zero shares and a zero-day days-to-cover ratio. Because the figures conflict with the description of a large increase in short interest, investors should treat the data as potentially anomalous rather than as a meaningful trading signal.
• Neutral Sentiment: Discontinuation of a Mountain Dew flavor is unlikely to materially affect PepsiCo’s financial results, but it illustrates the company’s ongoing need to manage its product portfolio. Mountain Dew Flavor Discontinued
• Negative Sentiment: PepsiCo reportedly cut its earnings outlook while Coca-Cola raised guidance, widening the perceived execution gap between the beverage rivals and weighing on confidence in PepsiCo’s near-term growth. PepsiCo Pays More, Coca-Cola Looks Stronger
• Negative Sentiment: A fire and explosion at a PepsiCo Quaker Oats facility could disrupt production and create repair, safety or supply-chain costs, although the financial impact is not yet clear. Fire and Explosion Strike Quaker Oats Plant
• Negative Sentiment: CEO insider selling worth approximately $4.05 million can pressure sentiment because investors may interpret it as reduced management exposure, even though insider sales can reflect personal financial planning. PepsiCo CEO Sells Stock
• Negative Sentiment: Commentary that PepsiCo is losing ground in the cola wars—including KFC’s reported switch to Coca-Cola—raises concerns about brand momentum and management focus in beverages. Analysts also lowered fiscal 2026 EPS estimates. PepsiCo’s Cola Wars and KFC Challenges Lowered PepsiCo EPS Estimates

PepsiCo Stock Performance

NASDAQ:PEP opened at $135.46 on Tuesday. PepsiCo, Inc. has a 52 week low of $123.47 and a 52 week high of $171.48. The company has a fifty day simple moving average of $134.12 and a two-hundred day simple moving average of $145.99. The company has a quick ratio of 0.76, a current ratio of 0.94 and a debt-to-equity ratio of 1.90. The company has a market cap of $184.60 billion, a price-to-earnings ratio of 17.02, a price-to-earnings-growth ratio of 4.06 and a beta of 0.35.

PepsiCo (NASDAQ:PEP - Get Free Report) last posted its quarterly earnings data 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. 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 company's revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.29 earnings per share. As a group, equities analysts anticipate that PepsiCo, Inc. will post 8.39 earnings per share for the current fiscal year.

Insider Buying and Selling at PepsiCo

In other PepsiCo news, CEO Ramon Laguarta sold 30,000 shares of the stock in a transaction dated Wednesday, October 21st. The stock was sold at an average price of $135.13, for a total value of $4,053,900.00. Following the sale, the chief executive officer owned 491,645 shares of the company's stock, valued at $66,435,988.85. This trade represents a 5.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Robert C. Pohlad purchased 184,646 shares of PepsiCo stock in a transaction on Wednesday, October 14th. The stock was bought at an average cost of $128.28 per share, for a total transaction of $23,686,388.88. Following the transaction, the director directly owned 433,009 shares in the company, valued at $55,546,394.52. This represents a 74.35% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.12% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on PEP. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $132.00 price objective on shares of PepsiCo in a report on Friday, October 9th. Barclays lowered 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 note on Monday, October 12th. Piper Sandler dropped their price target on shares of PepsiCo from $176.00 to $140.00 and set an "overweight" rating for the company in a research report on Friday, October 9th. Evercore dropped their price target on shares of PepsiCo from $150.00 to $135.00 in a research report on Wednesday, September 30th. Finally, The Goldman Sachs Group reissued a "buy" rating and issued a $165.00 price target on shares of PepsiCo in a research note on Thursday, October 8th. One research 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 given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $143.28.

PepsiCo Profile

PepsiCo, Inc NASDAQ: PEP is a global food and beverage company whose portfolio includes Pepsi-Cola, Mountain Dew, Gatorade, Lay's, Doritos, Cheetos, Quaker, Tostitos, Fritos, and SodaStream. Its products span carbonated soft drinks, sports and energy beverages, bottled water, juices, convenient foods, snacks, and other packaged food offerings.

The company sells products through retail stores, restaurants, food-service providers, e-commerce platforms, and other distribution channels. PepsiCo serves consumers in North America and international markets across Latin America, Europe, Africa, the Middle East, and Asia-Pacific.

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