PepsiCo, Inc. $PEP Shares Purchased by Kestra Advisory Services LLC

Key Points

• Kestra Advisory Services increased its PepsiCo stake by 21.6% in the third quarter, purchasing 52,738 shares to hold 297,347 shares valued at about $37.7 million.
• PepsiCo beat quarterly earnings and revenue expectations, reporting EPS of $2.34 and revenue of $25.27 billion, up 5.6% year over year. Analysts’ consensus rating was Hold, with an average price target of $143.28.
• Insider trading was mixed: Director Robert Pohlad bought 184,646 shares, while CEO Ramon Laguarta sold 30,000 shares. The article also cites North American margin pressures and a reduced 2026 EPS growth outlook.

Kestra Advisory Services LLC grew its position in PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 21.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 297,347 shares of the company's stock after buying an additional 52,738 shares during the quarter. Kestra Advisory Services LLC's holdings in PepsiCo were worth $37,680,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in PEP. Wilkerson Advisory Group LLC raised its holdings in shares of PepsiCo by 3.3% during the 1st quarter. Wilkerson Advisory Group LLC now owns 2,040 shares of the company's stock worth $317,000 after buying an additional 66 shares in the last quarter. Pittenger & Anderson Inc. boosted its stake in PepsiCo by 0.3% in the first quarter. Pittenger & Anderson Inc. now owns 24,895 shares of the company's stock valued at $3,866,000 after buying an additional 69 shares in the last quarter. Centerpoint Advisors LLC grew its position in PepsiCo by 4.1% in the second quarter. Centerpoint Advisors LLC now owns 1,918 shares of the company's stock valued at $260,000 after acquiring an additional 75 shares during the last quarter. JNBA Financial Advisors grew its position in PepsiCo by 2.0% in the second quarter. JNBA Financial Advisors now owns 3,848 shares of the company's stock valued at $521,000 after acquiring an additional 77 shares during the last quarter. Finally, 55 North Private Wealth LLC raised its stake in PepsiCo by 4.2% during the second quarter. 55 North Private Wealth LLC now owns 1,918 shares of the company's stock worth $260,000 after acquiring an additional 78 shares in the last quarter. Institutional investors own 73.07% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on PEP shares. BNP Paribas Exane decreased their price target on shares of PepsiCo from $161.00 to $157.00 and set an "outperform" rating on the stock in a report on Friday, October 9th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $132.00 price objective on shares of PepsiCo in a research note on Friday, October 9th. Jefferies Financial Group restated a "hold" rating on shares of PepsiCo in a research report on Thursday, October 8th. Piper Sandler decreased their target price on shares of PepsiCo from $176.00 to $140.00 and set an "overweight" rating on the stock in a research note on Friday, October 9th. Finally, Wells Fargo & Company lowered 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. One investment 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $143.28.

Insider Activity

In related news, Director Robert Pohlad acquired 184,646 shares of the stock in a transaction dated 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 completion of the transaction, the director directly owned 433,009 shares of the company's stock, valued at $55,546,394.52. The trade was a 74.35% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Ramon Laguarta sold 30,000 shares of PepsiCo stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer directly owned 491,645 shares in the company, valued at approximately $66,435,988.85. This represents a 5.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.12% of the company's stock.

PepsiCo Trading Down 1.0%

Shares of PEP stock traded down $1.37 during trading hours on Friday, hitting $141.34. 8,708,176 shares of the company's stock traded hands, compared to its average volume of 10,537,633. The stock has a market cap of $192.61 billion, a PE ratio of 17.76, a price-to-earnings-growth ratio of 4.19 and a beta of 0.31. The stock's 50 day simple moving average is $133.33 and its 200 day simple moving average is $145.75. 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 12 month low of $123.47 and a 12 month high of $171.48.

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, beating analysts' consensus estimates of $2.29 by $0.05. The business had revenue of $25.27 billion during the quarter, compared to the consensus estimate of $24.95 billion. PepsiCo had a return on equity of 53.08% and a net margin of 11.09%. PepsiCo's quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the business posted $2.29 earnings per share. On average, sell-side analysts anticipate that PepsiCo, Inc. will post 8.42 EPS for the current year.

Key Headlines 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

About PepsiCo

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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