PepsiCo, Inc. $PEP Stock: ProShare Advisors LLC Increases Holdings

ProShare Advisors LLC lifted its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 8.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,757,253 shares of the company’s stock after acquiring an additional 223,368 shares during the period. PepsiCo makes up about 0.5% of ProShare Advisors LLC’s investment portfolio, making the stock its 23rd largest holding. ProShare Advisors LLC’s holdings in PepsiCo were worth $349,399,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of PEP. Bank of America Corp DE bought a new position in PepsiCo during the 2nd quarter worth $2,755,509,000. Legal & General Group Plc bought a new position in shares of PepsiCo during the 2nd quarter valued at approximately $1,200,274,000. Corient Private Wealth LP purchased a new position in PepsiCo during the second quarter valued at $297,116,000. Canada Pension Plan Investment Board acquired a new position in PepsiCo in the second quarter valued at approximately $487,558,000. Finally, Assenagon Asset Management S.A. increased its position in shares of PepsiCo by 952.6% in the second quarter. Assenagon Asset Management S.A. now owns 3,715,812 shares of the company’s stock valued at $503,121,000 after buying an additional 3,362,794 shares in the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.

PepsiCo Price Performance

Shares of NASDAQ:PEP opened at $137.34 on Friday. PepsiCo, Inc. has a 1 year low of $123.47 and a 1 year 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 firm has a market cap of $187.16 billion, a price-to-earnings ratio of 17.25, a P/E/G ratio of 4.10 and a beta of 0.35. The business has a fifty day simple moving average of $133.49 and a 200 day simple moving average of $145.87.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings results on Wednesday, October 7th. The company reported $2.34 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $24.95 billion. During the same period last year, the company earned $2.29 EPS. The firm’s revenue was up 5.6% on a year-over-year basis. As a group, sell-side analysts predict that PepsiCo, Inc. will post 8.39 earnings per share for the current fiscal year.

Insider Buying and Selling at PepsiCo

In other news, Director Robert C. Pohlad acquired 184,646 shares of PepsiCo stock in a transaction on Wednesday, October 14th. The stock was acquired at an average cost of $128.28 per share, for a total transaction of $23,686,388.88. Following the purchase, the director owned 433,009 shares in the company, valued at $55,546,394.52. This trade represents a 74.35% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ramon Laguarta sold 30,000 shares of the business’s stock in a transaction on 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 directly owned 491,645 shares in the company, valued at $66,435,988.85. This trade represents a 5.75% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.12% of the company’s stock.

PepsiCo News Roundup

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

Several equities analysts have recently issued reports on the company. Weiss Ratings cut PepsiCo from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, September 24th. Freedom Broker upgraded PepsiCo from a “hold” rating to a “strong-buy” rating in a research report on Saturday, October 10th. BNP Paribas Exane lowered their price target on shares of PepsiCo from $161.00 to $157.00 and set an “outperform” rating for the company in a report on Friday, October 9th. TD Cowen lowered their target price on PepsiCo from $145.00 to $133.00 and set a “hold” rating on the stock in a report on Monday, September 28th. Finally, JPMorgan Chase & Co. decreased their target price on PepsiCo from $138.00 to $137.00 and set a “neutral” rating for the company in a research note on Friday, October 9th. One research 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average 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.