PepsiCo, Inc. $PEP Stock Bought by Soltis Investment Advisors LLC

Key Points

• Soltis Investment Advisors increased its PepsiCo stake by 53.5% in the third quarter, bringing its holdings to 108,715 shares valued at approximately $13.8 million. Institutional investors collectively own 73.07% of PepsiCo.
• PepsiCo reported quarterly revenue of $25.27 billion and adjusted earnings of $2.34 per share, exceeding analyst expectations, while revenue grew 5.6% year over year.
• PEP shares opened at $133.79, and analysts’ consensus rating remains “Hold” with an average price target of $143.28. Investors continue to weigh the stock’s attractive valuation and dividend against sluggish North American growth and margin pressure.

Soltis Investment Advisors LLC increased its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 53.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 108,715 shares of the company's stock after buying an additional 37,909 shares during the quarter. PepsiCo accounts for approximately 0.6% of Soltis Investment Advisors LLC's holdings, making the stock its 26th largest holding. Soltis Investment Advisors LLC's holdings in PepsiCo were worth $13,776,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in PEP. United Asset Strategies Inc. raised its holdings in PepsiCo by 2.2% during the 3rd quarter. United Asset Strategies Inc. now owns 48,968 shares of the company's stock worth $6,205,000 after buying an additional 1,052 shares during the period. Choreo LLC boosted its holdings in shares of PepsiCo by 2.2% in the third quarter. Choreo LLC now owns 92,620 shares of the company's stock valued at $11,737,000 after buying an additional 2,034 shares during the period. Values Added Financial LLC boosted its holdings in shares of PepsiCo by 4.6% in the third quarter. Values Added Financial LLC now owns 2,980 shares of the company's stock valued at $378,000 after buying an additional 130 shares during the period. Financial Network Wealth Advisors LLC increased its position in shares of PepsiCo by 10.1% during the third quarter. Financial Network Wealth Advisors LLC now owns 865 shares of the company's stock worth $110,000 after acquiring an additional 79 shares in the last quarter. Finally, Childress Capital Advisors LLC raised its holdings in shares of PepsiCo by 15.5% during the third quarter. Childress Capital Advisors LLC now owns 3,277 shares of the company's stock worth $415,000 after acquiring an additional 439 shares during the period. Institutional investors and hedge funds own 73.07% of the company's stock.

Insiders Place Their Bets

In other news, Director Robert Pohlad purchased 184,646 shares of the company's stock in a transaction on Wednesday, October 14th. The shares were purchased at an average cost of $128.28 per share, with a total value of $23,686,388.88. Following the completion of the transaction, the director owned 433,009 shares of the company's stock, valued at $55,546,394.52. The trade was a 74.35% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ramon Laguarta sold 30,000 shares of the stock in a transaction on Wednesday, October 21st. The shares were sold at an average price of $135.13, for a total transaction of $4,053,900.00. Following the completion of the sale, the chief executive officer owned 491,645 shares of the company's stock, valued at approximately $66,435,988.85. This represents a 5.75% decrease in their position. The SEC filing for this sale provides additional information. 0.12% of the stock is currently owned by insiders.

PepsiCo Stock Up 0.9%

NASDAQ:PEP opened at $133.79 on Friday. PepsiCo, Inc. has a twelve month low of $123.47 and a twelve month high of $171.48. The firm has a market capitalization of $182.32 billion, a price-to-earnings ratio of 16.81, a price-to-earnings-growth ratio of 3.96 and a beta of 0.35. 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 stock's 50 day moving average price is $133.59 and its two-hundred day moving average price is $145.89.

PepsiCo (NASDAQ:PEP - Get Free Report) last released its quarterly earnings data on Wednesday, October 7th. The company reported $2.34 EPS for the quarter, beating the consensus estimate of $2.29 by $0.05. PepsiCo had a return on equity of 53.08% and a net margin of 11.09%. The company had revenue of $25.27 billion during the quarter, compared to the consensus estimate of $24.95 billion. During the same quarter in the prior year, the firm posted $2.29 EPS. The firm's revenue for the quarter was up 5.6% compared to the same quarter last year. Equities research analysts expect that PepsiCo, Inc. will post 8.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on PEP shares. Sanford C. Bernstein reaffirmed a "market perform" rating on shares of PepsiCo in a research report on Friday, October 9th. Royal Bank Of Canada decreased their price objective on PepsiCo from $161.00 to $150.00 and set a "sector perform" rating for the company in a report on Tuesday, October 6th. The Goldman Sachs Group reissued a "buy" rating and issued a $165.00 target price on shares of PepsiCo in a research report on Thursday, October 8th. Piper Sandler cut their target price on PepsiCo from $176.00 to $140.00 and set an "overweight" rating on the stock in a research note on Friday, October 9th. Finally, Barclays reduced their price target on PepsiCo from $133.00 to $126.00 and set an "equal weight" rating for the company in a research report on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $143.28.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s shares trade at roughly 17 times earnings, near a six-year low relative to profits. Investors view the depressed valuation, a dividend yield above 4%, and the company’s Dividend King status as potential support for a recovery. PepsiCo Hasn't Been This Cheap Relative to Earnings in 6 Years
• Positive Sentiment: Analysts highlight PepsiCo’s broad beverage-and-snacks portfolio, international growth opportunities and defensive characteristics. Morningstar favors its recovery potential over Coca-Cola’s because of PEP’s cheaper valuation, while its dividend remains attractive to income-focused investors. Coca-Cola Vs. PepsiCo
• Positive Sentiment: PepsiCo is pursuing cost reductions, brand investment and product innovation through its North America reset, while international operations could provide an additional source of growth. PepsiCo's North America Reset
• Positive Sentiment: Taco Bell’s decision to retain Mountain Dew Baja Blast supports the durability of PepsiCo’s restaurant partnerships and beverage brands, although the impact on overall earnings is likely limited. Taco Bell Mountain Dew Decision
• Neutral Sentiment: Investor commentary is focused on whether PepsiCo’s cash generation, dividend and defensive brand portfolio can offset slower growth, making the stock more appealing to income investors than to investors seeking rapid earnings expansion. Should You Buy PepsiCo Stock For Its Cash?
• Negative Sentiment: The primary pressure remains PepsiCo’s stagnant North American business. The company has reportedly cut prices by as much as 15% to win back cost-conscious consumers, potentially supporting volume but weighing on margins and signaling weaker pricing power. Why Is PepsiCo Stock Falling?
• Negative Sentiment: PepsiCo has lost roughly one-third of its value from its 2023 peak, and an activist investor is now involved. Investors remain cautious about how quickly management can restore growth, while the company’s substantial debt adds to the risk profile. PepsiCo Stock Decline and Activist Investor

PepsiCo Company 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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