Rep. Mike Kelly Unloads PepsiCo, Inc. (NASDAQ:PEP) Shares

Representative Mike Kelly (Republican-Pennsylvania) recently sold shares of PepsiCo, Inc. (NASDAQ:PEP). In a filing disclosed on August 12th, the Representative disclosed that they had sold between $15,001 and $50,000 in PepsiCo stock on July 17th. The trade occurred in the Representative’s “VICTORIA KELLY TRUST ICA” account.

Representative Mike Kelly also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 7/17/2026.
• Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 7/17/2026.

PepsiCo Price Performance

Shares of PepsiCo stock opened at $138.70 on Thursday. The firm has a market capitalization of $189.31 billion, a PE ratio of 18.18, a price-to-earnings-growth ratio of 3.04 and a beta of 0.35. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91. PepsiCo, Inc. has a 12 month low of $133.73 and a 12 month high of $171.48. The business’s 50-day moving average price is $140.26 and its 200-day moving average price is $150.67.

PepsiCo (NASDAQ:PEP) last issued its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.19 by $0.01. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The business had revenue of $24.18 billion during the quarter, compared to analyst estimates of $23.95 billion. During the same quarter in the prior year, the firm earned $0.92 earnings per share. PepsiCo’s revenue for the quarter was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Sell-side analysts forecast that PepsiCo, Inc. will post 8.57 EPS for the current fiscal year.

PepsiCo Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th will be issued a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Friday, September 4th. PepsiCo’s dividend payout ratio is presently 77.59%.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo is expanding beyond traditional snacks and beverages with the U.S. launch of Alvalle refrigerated gazpacho. The move targets growing demand for fresh, convenient, ingredient-focused meals and could diversify future revenue. The company also signed a multiyear beverage partnership with the Tampa Bay Buccaneers, adding a high-profile marketing channel. PepsiCo Enters Fresh Meals With Its US Alvalle Gazpacho Launch
• Positive Sentiment: Analysts and investors are highlighting PEP’s relatively low valuation, defensive brand portfolio and attractive dividend yield. Supporters argue that the stock’s depressed price could offer income-oriented investors upside if growth improves in the second half of 2026. PepsiCo Stock Has Stalled
• Positive Sentiment: PepsiCo is using digital twins, Siemens software and Nvidia’s Omniverse platform to simulate factory expansions before committing to physical construction. The technology could reduce capital-spending mistakes, improve plant efficiency and support margins over time. PepsiCo Tests Its Factories in Software Before Steel
• Neutral Sentiment: PepsiCo’s latest reported quarter exceeded expectations, with earnings of $2.20 per share and revenue of $24.18 billion, while revenue increased 6.4% year over year. Management’s fiscal 2026 earnings guidance provides a baseline for investors, but the stock’s near-term performance depends on whether growth and margins accelerate.
• Negative Sentiment: Higher gasoline prices may pressure household budgets, potentially reducing demand for discretionary snacks, beverages and convenience products. This adds to concerns about softer volumes and cautious consumers in North America. Why Is PepsiCo in Focus as Gasoline Prices Pressure Consumers?
• Negative Sentiment: Recent comparisons with Coca-Cola suggest PepsiCo faces a weaker near-term operating outlook, including weak North American demand, softer volumes, rising costs and margin pressure. These challenges explain why investors remain cautious despite PEP’s strong global brands. Coca-Cola vs. PepsiCo Stock After Q2 Earnings

Insider Buying and Selling

In other news, EVP David Flavell sold 2,900 shares of the firm’s stock in a transaction dated 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 sale, 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 transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.12% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on PEP shares. BNP Paribas Exane cut their price objective on shares of PepsiCo from $195.00 to $183.00 and set an “outperform” rating for the company in a research note on Wednesday, July 8th. Wall Street Zen downgraded shares of PepsiCo from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th. TD Cowen reduced their price objective on PepsiCo from $150.00 to $145.00 and set a “hold” rating on the stock in a research note on Friday, July 10th. UBS Group set a $159.00 target price on PepsiCo in a research note on Thursday, July 9th. Finally, Rothschild & Co Redburn increased their target price on PepsiCo from $130.00 to $132.00 in a report on Monday, May 11th. Seven equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, PepsiCo has an average rating of “Hold” and a consensus target price of $157.90.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of PEP. Auto Owners Insurance Co lifted its holdings in PepsiCo by 14,857.8% in the 4th quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company’s stock worth $7,068,777,000 after buying an additional 48,923,629 shares during the period. Norges Bank purchased a new position in shares of PepsiCo during the fourth quarter valued at approximately $3,018,813,000. Diamant Asset Management Inc. raised its holdings in shares of PepsiCo by 16,146.5% during the first quarter. Diamant Asset Management Inc. now owns 3,586,423 shares of the company’s stock valued at $556,936,000 after acquiring an additional 3,564,348 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in PepsiCo by 952.6% in the second quarter. Assenagon Asset Management S.A. now owns 3,715,812 shares of the company’s stock worth $503,121,000 after acquiring an additional 3,362,794 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in PepsiCo by 120.7% in the third quarter. AQR Capital Management LLC now owns 5,916,417 shares of the company’s stock valued at $830,902,000 after acquiring an additional 3,235,726 shares in the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

About Representative Kelly

Mike Kelly (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 16th Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Kelly (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 16th Congressional District. He declared candidacy for the 2026 election.

PepsiCo Company Profile

PepsiCo, Inc (NASDAQ: PEP) is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay’s, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.