PepsiCo, Inc. $PEP Stock Position Lessened by Heritage Investors Management Corp

Heritage Investors Management Corp lowered its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 7.6% during the third quarter, Holdings Channel.com reports. The firm owned 147,437 shares of the company’s stock after selling 12,111 shares during the quarter. Heritage Investors Management Corp’s holdings in PepsiCo were worth $18,683,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in PEP. Wilkerson Advisory Group LLC increased its position in 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 during the period. Pittenger & Anderson Inc. increased 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 acquiring an additional 69 shares during the last quarter. Cohen Investment Advisors LLC grew its holdings in shares of PepsiCo by 1.9% during the 1st quarter. Cohen Investment Advisors LLC now owns 3,770 shares of the company’s stock valued at $585,000 after purchasing an additional 71 shares during the last quarter. Bogart Wealth LLC increased its position in PepsiCo by 2.1% during the 1st quarter. Bogart Wealth LLC now owns 3,526 shares of the company’s stock worth $548,000 after purchasing an additional 72 shares in the last quarter. Finally, Centerpoint Advisors LLC lifted its stake in PepsiCo by 4.1% in the 2nd quarter. Centerpoint Advisors LLC now owns 1,918 shares of the company’s stock valued at $260,000 after purchasing an additional 75 shares during the last quarter. 73.07% of the stock is currently owned by institutional investors.

More PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Quarterly results exceeded expectations. Third-quarter revenue rose 5.6% year over year to $25.27 billion, topping consensus, while core earnings per share of $2.34 also beat estimates. Organic revenue growth accelerated to 3.1%. Why PepsiCo (PEP) Stock Is Up Today
• Positive Sentiment: Operating trends showed improvement. PepsiCo reported organic volume growth across global beverages and convenient foods, broad strength in international markets, and sequential improvement in North American foods. Its updated outlook calls for approximately 6% net revenue growth and about 3% organic revenue growth in 2026. Why PepsiCo (PEP) Stock Is Up Today
• Positive Sentiment: Income appeal remains a supporting factor. Analysts and investment commentary continue to highlight PepsiCo’s dividend, which offers a yield above 4%, as well as the defensive nature of its combined beverage-and-snacks portfolio. Why Is PepsiCo Stock Falling, and Is It a Buying Opportunity?
• Neutral Sentiment: Valuation and positioning could attract buyers. PEP trades well below its 52-week high, and the median analyst price target cited is $168 versus a recent share price near $137. However, institutional ownership data showed both significant additions and reductions, indicating mixed conviction.
• Negative Sentiment: Profit guidance was reduced. PepsiCo cut its 2026 core constant-currency EPS growth forecast to 1%–2%, down from the low end of its prior 4%–6% range. The downgrade reflects continuing pressure on margins and profitability despite firmer revenue expectations. PepsiCo stock outlook cut as North American reset deepens
• Negative Sentiment: North America remains the key risk. PepsiCo has cut prices by as much as 15% to win back price-sensitive consumers, raising questions about pricing power and future margins. The stock also remains below its 200-day moving average, reflecting investors’ caution about the recovery.

Insider Transactions at PepsiCo

In related news, CEO Ramon Laguarta sold 30,000 shares of the business’s 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 completion of the sale, the chief executive officer directly owned 491,645 shares of the company’s stock, valued at $66,435,988.85. The trade was a 5.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Robert Pohlad purchased 184,646 shares of the business’s stock in a transaction on Wednesday, October 14th. The stock was purchased 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 represents a 74.35% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 0.12% of the company’s stock.

PepsiCo Stock Performance

NASDAQ:PEP opened at $137.34 on Monday. PepsiCo, Inc. has a 12 month low of $123.47 and a 12 month high of $171.48. 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 stock has a market capitalization of $187.16 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 4.10 and a beta of 0.35. The firm has a fifty day simple moving average of $133.49 and a two-hundred day simple moving average of $145.87.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings data on Wednesday, October 7th. The company reported $2.34 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.05. The firm had revenue of $25.27 billion for the quarter, compared to analyst estimates of $24.95 billion. PepsiCo had a net margin of 11.09% and a return on equity of 53.08%. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.29 earnings per share. Analysts expect that PepsiCo, Inc. will post 8.39 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on PEP shares. Barclays decreased their target price on shares of PepsiCo from $133.00 to $126.00 and set an “equal weight” rating on the stock in a research note on Monday, October 12th. Freedom Broker raised PepsiCo from a “hold” rating to a “strong-buy” rating in a report on Saturday, October 10th. Wells Fargo & Company reduced their price objective on PepsiCo from $140.00 to $135.00 and set an “equal weight” rating on the stock in a research report on Monday, October 5th. The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 target price on shares of PepsiCo in a research report on Thursday, October 8th. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of PepsiCo in a research note on Friday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target 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.