PepsiCo, Inc. $PEP Stock Sold by Brighton Jones LLC

Key Points

• Brighton Jones LLC reduced its PepsiCo stake by 16.5% in the third quarter, selling 11,878 shares and retaining 60,305 shares valued at about $7.64 million.
• Insider trades were mixed: CEO Ramon Laguarta sold 30,000 shares, while director Robert Pohlad bought 184,646 shares. Insiders collectively own 0.12% of PepsiCo.
• PepsiCo beat quarterly earnings and revenue estimates, but analyst sentiment was mostly neutral: the average rating was “Hold,” with an average price target of $143.28.

Brighton Jones LLC lessened its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 16.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 60,305 shares of the company's stock after selling 11,878 shares during the quarter. Brighton Jones LLC's holdings in PepsiCo were worth $7,642,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PEP. Evergreen Advisors LLC purchased a new position in PepsiCo during the 1st quarter valued at $25,000. Montgomery Financial Services LLC bought a new position in PepsiCo in the 2nd quarter worth $25,000. Next Level Wealth Planning LLC bought a new position in PepsiCo in the 3rd quarter worth $26,000. Atlatl Advisers LLC purchased a new stake in shares of PepsiCo in the 2nd quarter worth about $31,000. Finally, Osterweis Capital Management Inc. purchased a new stake in shares of PepsiCo in the 2nd quarter worth about $31,000. Hedge funds and other institutional investors own 73.07% of the company's stock.

Insider Activity

In related news, CEO Ramon Laguarta sold 30,000 shares of the business's stock in a transaction dated 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 sale, the chief executive officer owned 491,645 shares of the company's stock, valued at $66,435,988.85. The trade was a 5.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Robert Pohlad acquired 184,646 shares of the business's stock in a transaction on Wednesday, October 14th. The stock was acquired at an average price of $128.28 per share, for a total transaction of $23,686,388.88. Following the acquisition, the director owned 433,009 shares of the company's stock, valued at approximately $55,546,394.52. This trade represents a 74.35% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.12% of the company's stock.

PepsiCo Stock Performance

Shares of PEP stock opened at $141.34 on Friday. PepsiCo, Inc. has a 12 month low of $123.47 and a 12 month high of $171.48. The stock has a market cap of $192.61 billion, a PE ratio of 17.76, a price-to-earnings-growth ratio of 4.21 and a beta of 0.31. The company has a current ratio of 0.94, a quick ratio of 0.76 and a debt-to-equity ratio of 1.90. The company's fifty day moving average price is $133.33 and its 200-day moving average price is $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 analysts' consensus estimates of $2.29 by $0.05. The firm had revenue of $25.27 billion for 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% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.29 EPS. On average, equities analysts expect that PepsiCo, Inc. will post 8.42 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently issued reports on PEP shares. Morgan Stanley set a $145.00 price target on shares of PepsiCo in a research report on Friday, October 9th. 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. JPMorgan Chase & Co. lowered their price objective on shares of PepsiCo from $138.00 to $137.00 and set a "neutral" rating for the company in a report on Friday, October 9th. Barclays cut their price objective on PepsiCo from $133.00 to $126.00 and set an "equal weight" rating on the stock in a research report on Monday, October 12th. Finally, Wells Fargo & Company reduced their target price on PepsiCo from $140.00 to $135.00 and set an "equal weight" rating on the stock 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 stock. Based on data from MarketBeat.com, PepsiCo has an average rating of "Hold" and an average target price of $143.28.

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

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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