PepsiCo, Inc. $PEP Stock Bought by Bell Bank

Bell Bank raised its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 23.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 83,997 shares of the company’s stock after purchasing an additional 15,858 shares during the period. Bell Bank’s holdings in PepsiCo were worth $10,644,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PEP. Bank Pictet & Cie Europe AG increased its stake in shares of PepsiCo by 12.7% in the third quarter. Bank Pictet & Cie Europe AG now owns 59,333 shares of the company’s stock worth $7,519,000 after buying an additional 6,676 shares during the last quarter. Banque Pictet & Cie SA boosted its stake in PepsiCo by 14.1% during the 3rd quarter. Banque Pictet & Cie SA now owns 174,844 shares of the company’s stock valued at $22,156,000 after acquiring an additional 21,663 shares during the last quarter. Rise Advisors LLC grew its holdings in PepsiCo by 17.1% during the 3rd quarter. Rise Advisors LLC now owns 1,852 shares of the company’s stock worth $235,000 after acquiring an additional 271 shares in the last quarter. James T. Borello RIA acquired a new position in PepsiCo during the 3rd quarter worth $131,000. Finally, V Square Quantitative Management LLC increased its position in shares of PepsiCo by 4.1% in the 3rd quarter. V Square Quantitative Management LLC now owns 31,761 shares of the company’s stock worth $4,025,000 after purchasing an additional 1,265 shares during the last quarter. 73.07% of the stock is owned by hedge funds and other institutional investors.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Quarterly performance and turnaround efforts: PepsiCo’s third-quarter earnings reportedly exceeded expectations, placing PEP-heavy exchange-traded funds in focus. The company is also pursuing cost reductions and revenue-growth initiatives, including efforts to revitalize its ready-to-drink tea business. Will PepsiCo’s Q3 Turnaround Boost These ETFs? RTD Tea Growth Strategies
• Positive Sentiment: Insider support: A PepsiCo director reportedly bought 184,646 shares in a trust-related transaction. While the trade may not reflect an open-market purchase, it could still be viewed as a sign of confidence in the company’s valuation. PepsiCo Director Buys Shares
• Neutral Sentiment: AI initiatives: PepsiCo executives are pushing back against pessimism about artificial intelligence and considering how productivity gains should benefit employees. The comments suggest potential long-term efficiency benefits, but provide no immediate earnings guidance. Executives Push Back on AI Doom
• Neutral Sentiment: Income appeal: PepsiCo’s roughly 4.2% yield remains attractive to income-oriented investors, although taxable dividend income may compare less favorably with tax-exempt municipal bonds for some retirees. PepsiCo Yield and Municipal Bonds
• Negative Sentiment: Plant closure and demand concerns: PepsiCo is closing its Knoxville, Tennessee, bottling facility, affecting 122 workers, amid a reported soda slump. The move may reduce costs over time but highlights softer demand and near-term restructuring disruption. PepsiCo Shutters Tennessee Bottling Plant
• Negative Sentiment: Lower outlook and competitive pressure: PepsiCo cut its fiscal 2026 core EPS-growth outlook to 2.5%–3.5% as input costs, softer U.S. performance and margin pressure weigh on results. The loss of KFC’s U.S. beverage contract to Coca-Cola beginning in 2027 adds another setback. Lowered Earnings Outlook

PepsiCo Stock Performance

PEP opened at $134.02 on Wednesday. PepsiCo, Inc. has a 12-month low of $123.47 and a 12-month high of $171.48. The stock’s 50 day moving average price is $134.27 and its two-hundred day moving average price is $141.85. The firm has a market capitalization of $182.63 billion, a P/E ratio of 16.84, a price-to-earnings-growth ratio of 3.98 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.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results 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 firm 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 business’s revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the firm earned $2.29 EPS. On average, equities analysts forecast that PepsiCo, Inc. will post 8.41 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Royal Bank Of Canada lowered their target price on shares of PepsiCo from $161.00 to $150.00 and set a “sector perform” rating for the company in a research note on Tuesday, October 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $132.00 price objective on shares of PepsiCo in a report on Friday, October 9th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of PepsiCo in a research note on Friday, October 9th. Freedom Broker raised PepsiCo from a “hold” rating to a “strong-buy” rating in a research report on Saturday, October 10th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $165.00 price objective on shares of PepsiCo in a research note on Thursday, October 8th. One equities 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. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $144.37.

Insider Transactions at PepsiCo

In other news, Director Robert Pohlad purchased 184,646 shares of the stock in a transaction that occurred 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 completion of the purchase, the director directly owned 433,009 shares of the company’s stock, valued at approximately $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 this link. Also, EVP David Flavell sold 2,900 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $139.54, for a total value of $404,666.00. Following the completion of the transaction, the executive vice president directly owned 74,825 shares of the company’s stock, valued at approximately $10,441,080.50. This trade represents a 3.73% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.12% of the stock is owned by company insiders.

About PepsiCo

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.