Rep. Pete Sessions Unloads Shares of PepsiCo, Inc. (NASDAQ:PEP)

Representative Pete Sessions (Republican-Texas) recently sold shares of PepsiCo, Inc. (NASDAQ:PEP). In a filing disclosed on October 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in PepsiCo stock on October 21st. The trade occurred in the Representative’s “ET IRA” account.

Representative Pete Sessions also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/28/2026.
• Sold $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 10/21/2026.
• Sold $0 – $1,000 in shares of Resideo Technologies (NYSE:REZI) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 10/20/2026.
• Sold $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 10/15/2026.
• Sold $15,001 – $50,000 in shares of Chevron (NYSE:CVX) on 10/14/2026.

PepsiCo Stock Down 0.7%

Shares of PEP opened at $132.63 on Thursday. The company has a market capitalization of $180.74 billion, a price-to-earnings ratio of 16.66, a PEG ratio of 4.06 and a beta of 0.35. PepsiCo, Inc. has a 52 week low of $123.47 and a 52 week high of $171.48. The stock’s 50-day moving average price is $133.76 and its 200-day moving average price is $145.93. 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 announced its quarterly earnings results 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 company had revenue of $25.27 billion during the quarter, compared to analysts’ expectations of $24.95 billion. PepsiCo had a return on equity of 53.08% and a net margin of 11.09%. PepsiCo’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period last year, the business earned $2.29 earnings per share. On average, sell-side analysts predict that PepsiCo, Inc. will post 8.39 EPS for the current year.

Insider Transactions at PepsiCo

In other 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 transaction of $4,053,900.00. Following the completion of the transaction, the chief executive officer owned 491,645 shares of the company’s stock, valued at approximately $66,435,988.85. The trade was a 5.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert Pohlad bought 184,646 shares of the stock in a transaction that occurred on Wednesday, October 14th. The stock was bought 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 $55,546,394.52. This represents a 74.35% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.12% of the stock is owned by corporate insiders.

Trending Headlines about PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s discounted valuation and dividend yield of approximately 4.3% could support a recovery. Analysts at Morningstar reportedly see greater upside in PepsiCo than Coca-Cola because of the lower valuation and potential for an operational rebound. Coca-Cola Vs. PepsiCo: Which Beverage Giant Offers Stronger Upside After Q3 Earnings?
• Positive Sentiment: The company is pursuing a North American reset centered on cost reductions, renewed brand investment and portfolio innovation. Successful execution could improve margins and revive growth. Its long-running dividend increases also reinforce PepsiCo’s appeal to defensive-income investors. PepsiCo’s North America Reset: Can Cost Cuts Restore Growth?
• Positive Sentiment: Taco Bell is maintaining its relationship with PepsiCo and Mountain Dew, including Baja Blast, preserving an important restaurant-channel partnership. PepsiCo is also working with Grimme on virtual potato-harvesting technology designed to protect quality and reduce waste.
• Neutral Sentiment: Commentary emphasizes that PepsiCo’s brands and staple products tend to remain resilient during economic slowdowns, but dividend reliability and long-term growth prospects vary across beverage companies. Coca-Cola has delivered stronger recent share-price performance despite PepsiCo’s higher yield. 3 Beverage Stocks With Dependable Brands
• Negative Sentiment: North America remains the central problem: stagnant demand, consumer pressure and elevated costs have prompted the reset. An activist investor’s involvement adds pressure for faster operational improvement and could increase uncertainty around strategy. PepsiCo Hasn’t Been This Cheap Relative to Earnings
• Negative Sentiment: Reports of an ₹8,000 payout related to a Lay’s packet-weight dispute create a minor legal and reputational overhang, while KFC’s decision to drop Pepsi signals some restaurant-channel weakness.

Hedge Funds Weigh In On PepsiCo

Several institutional investors have recently modified their holdings of PEP. Intrua Financial LLC lifted its position in shares of PepsiCo by 9.0% during the third quarter. Intrua Financial LLC now owns 8,065 shares of the company’s stock worth $1,022,000 after acquiring an additional 669 shares in the last quarter. Greatmark Investment Partners Inc. boosted its position in shares of PepsiCo by 2.7% in the third quarter. Greatmark Investment Partners Inc. now owns 7,229 shares of the company’s stock valued at $916,000 after acquiring an additional 192 shares during the period. Americana Partners LLC grew its position in shares of PepsiCo by 4.0% during the 3rd quarter. Americana Partners LLC now owns 122,629 shares of the company’s stock valued at $15,540,000 after purchasing an additional 4,696 shares in the last quarter. Aprio Wealth Management LLC grew its position in PepsiCo by 5.0% during the third quarter. Aprio Wealth Management LLC now owns 14,564 shares of the company’s stock worth $1,846,000 after buying an additional 690 shares in the last quarter. Finally, Raleigh Capital Management Inc. grew its position in PepsiCo by 18.7% during the third quarter. Raleigh Capital Management Inc. now owns 18,789 shares of the company’s stock worth $2,381,000 after buying an additional 2,959 shares in the last quarter. Institutional investors own 73.07% of the company’s stock.

Analysts Set New Price Targets

PEP has been the topic of a number of analyst reports. Piper Sandler reduced their target price on shares of PepsiCo from $176.00 to $140.00 and set an “overweight” rating on the stock in a research note on Friday, October 9th. Evercore dropped their price target on PepsiCo from $150.00 to $135.00 in a research note on Wednesday, September 30th. TD Cowen reduced their price target on PepsiCo from $145.00 to $133.00 and set a “hold” rating for the company in a report on Monday, September 28th. UBS Group lowered their price target on PepsiCo from $159.00 to $145.00 and set a “buy” rating on the stock in a report on Friday, October 2nd. Finally, Citigroup reissued a “buy” rating on shares of PepsiCo in a report on Friday, October 9th. One investment 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 assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $143.28.

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas’ 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas’ 17th Congressional District. He won in the general election on November 5, 2024.

On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023.

Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions’ career experience includes working as an executive with AT&T.

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.