PepsiCo, Inc. $PEP Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lowered its position in PepsiCo, Inc. (NASDAQ:PEP) by 3.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,418,671 shares of the company’s stock after selling 131,498 shares during the period. Sumitomo Mitsui Trust Group Inc. owned about 0.25% of PepsiCo worth $433,214,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in PEP. Evergreen Advisors LLC bought a new position in PepsiCo during the 1st quarter worth about $25,000. Montgomery Financial Services LLC acquired a new stake in shares of PepsiCo in the 2nd quarter valued at about $25,000. Atlatl Advisers LLC bought a new stake in shares of PepsiCo in the second quarter valued at about $31,000. Osterweis Capital Management Inc. bought a new stake in shares of PepsiCo in the second quarter valued at about $31,000. Finally, Kilter Group LLC acquired a new position in shares of PepsiCo during the second quarter worth about $33,000. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Stock Up 2.7%

Shares of NASDAQ PEP opened at $137.34 on Friday. The company has a market cap 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 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 50-day moving average price of $133.49 and a two-hundred day moving average price of $145.87. PepsiCo, Inc. has a 12 month low of $123.47 and a 12 month high of $171.48.

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

Insiders Place Their Bets

In other news, Director Robert C. Pohlad acquired 184,646 shares of the firm’s stock in a transaction dated 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 transaction, the director directly owned 433,009 shares in the company, valued at $55,546,394.52. This represents a 74.35% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Ramon Laguarta sold 30,000 shares of the 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 sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.12% of the company’s stock.

Trending Headlines about PepsiCo

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.

Analysts Set New Price Targets

A number of research analysts recently weighed in on PEP shares. Freedom Broker raised shares of PepsiCo from a “hold” rating to a “strong-buy” rating in a research report on Saturday, October 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $132.00 price objective on shares of PepsiCo in a research note on Friday, October 9th. Weiss Ratings downgraded PepsiCo from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, September 24th. Citigroup reaffirmed a “buy” rating on shares of PepsiCo in a research report on Friday, October 9th. Finally, Royal Bank Of Canada dropped their price objective on PepsiCo from $161.00 to $150.00 and set a “sector perform” rating on the stock in a research note on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $143.28.

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.