61,500 PepsiCo, Inc. $PEP Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al cut its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 11.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 480,316 shares of the company’s stock after selling 61,500 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in PepsiCo were worth $60,866,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Partners Wealth Management LLC lifted its position in shares of PepsiCo by 83.0% during the third quarter. Partners Wealth Management LLC now owns 3,660 shares of the company’s stock worth $464,000 after purchasing an additional 1,660 shares in the last quarter. Soltis Investment Advisors LLC increased its holdings in PepsiCo by 53.5% in the third quarter. Soltis Investment Advisors LLC now owns 108,715 shares of the company’s stock valued at $13,776,000 after buying an additional 37,909 shares during the last quarter. United Asset Strategies Inc. raised its position in shares of PepsiCo by 2.2% during the 3rd quarter. United Asset Strategies Inc. now owns 48,968 shares of the company’s stock valued at $6,205,000 after acquiring an additional 1,052 shares in the last quarter. Choreo LLC raised its holdings in shares of PepsiCo by 2.2% during the third quarter. Choreo LLC now owns 92,620 shares of the company’s stock worth $11,737,000 after purchasing an additional 2,034 shares during the period. Finally, Values Added Financial LLC lifted its holdings in PepsiCo by 4.6% in the third quarter. Values Added Financial LLC now owns 2,980 shares of the company’s stock worth $378,000 after acquiring an additional 130 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Freedom Broker upgraded PepsiCo from a “hold” rating to a “strong-buy” rating in a research note on Saturday, October 10th. Sanford C. Bernstein reiterated a “market perform” rating on shares of PepsiCo in a research report on Friday, October 9th. TD Cowen dropped their price target on shares of PepsiCo from $145.00 to $133.00 and set a “hold” rating on the stock in a research report on Monday, September 28th. Wells Fargo & Company cut their price target on shares of PepsiCo from $140.00 to $135.00 and set an “equal weight” rating for the company in a report on Monday, October 5th. Finally, UBS Group cut their price target on shares of PepsiCo from $159.00 to $145.00 and set a “buy” rating for the company in a report on Friday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $143.28.

PepsiCo Stock Performance

PEP opened at $137.34 on Friday. The firm has a market cap of $187.16 billion, a PE ratio of 17.25, a P/E/G ratio of 4.00 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. The business has a fifty day simple moving average of $133.49 and a 200-day simple moving average of $145.87. PepsiCo, Inc. has a fifty-two week low of $123.47 and a fifty-two week 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. The business had revenue of $25.27 billion for 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%. The company’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the firm posted $2.29 EPS. As a group, equities analysts predict that PepsiCo, Inc. will post 8.39 EPS for the current fiscal year.

Key Headlines Impacting 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.

Insider Activity at PepsiCo

In other news, Director Robert Pohlad acquired 184,646 shares of the firm’s stock in a transaction that occurred on Wednesday, October 14th. The stock was purchased at an average price of $128.28 per share, with a total value of $23,686,388.88. Following the purchase, the director owned 433,009 shares of the company’s stock, valued at approximately $55,546,394.52. This trade represents a 74.35% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Ramon Laguarta sold 30,000 shares of the firm’s stock in a transaction on 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 approximately $66,435,988.85. This trade represents a 5.75% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.12% of the stock is currently owned by corporate 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.