PepsiCo, Inc. $PEP Stock Sold by Wealth Enhancement Trust Services Inc.

Wealth Enhancement Trust Services Inc. reduced its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 24.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,198 shares of the company’s stock after selling 6,948 shares during the quarter. Wealth Enhancement Trust Services Inc.’s holdings in PepsiCo were worth $2,686,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. Onyx Bridge Wealth Group LLC increased its stake in shares of PepsiCo by 2.5% in the 1st quarter. Onyx Bridge Wealth Group LLC now owns 2,673 shares of the company’s stock worth $415,000 after acquiring an additional 66 shares in the last quarter. Wilkerson Advisory Group LLC grew its holdings in PepsiCo by 3.3% in the first quarter. Wilkerson Advisory Group LLC now owns 2,040 shares of the company’s stock worth $317,000 after purchasing an additional 66 shares during the period. Richards Merrill & Peterson Inc. increased its stake in shares of PepsiCo by 3.6% during the first quarter. Richards Merrill & Peterson Inc. now owns 1,938 shares of the company’s stock valued at $301,000 after purchasing an additional 67 shares in the last quarter. Partners Wealth Management LLC boosted its position in shares of PepsiCo by 3.5% in the 1st quarter. Partners Wealth Management LLC now owns 1,998 shares of the company’s stock worth $310,000 after purchasing an additional 68 shares in the last quarter. Finally, Pittenger & Anderson Inc. grew its stake in shares of PepsiCo by 0.3% in the 1st quarter. Pittenger & Anderson Inc. now owns 24,895 shares of the company’s stock worth $3,866,000 after buying an additional 69 shares during the last quarter. Institutional investors own 73.07% of the company’s stock.

Insider Buying and Selling at PepsiCo

In other news, EVP David Flavell sold 2,900 shares of the stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $139.54, for a total value of $404,666.00. Following the transaction, the executive vice president owned 74,825 shares in the company, valued at $10,441,080.50. This represents a 3.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.12% of the stock is owned by company insiders.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Options-market positioning indicates traders may be expecting a post-earnings rally, creating potential for a favorable surprise if PepsiCo exceeds expectations or offers stronger guidance. Analysts are generally looking for approximately $2.29–$2.30 in adjusted EPS and nearly $25 billion in revenue. Ahead of PepsiCo Earnings, Here’s What Barchart Data Says Comes Next for PEP Stock
• Positive Sentiment: PepsiCo’s long-term dividend record and roughly 4.7% yield are supporting the stock’s appeal to income investors, particularly after the recent decline. The company is also being credited with improving volumes, international growth and efforts to use lower-priced packages to restore affordability. My Only Dividend Buy This October Has Raised Its Payout Every Year for Decades
• Positive Sentiment: A Carlsberg expansion into Georgia and Armenia will extend PepsiCo’s bottling partnership to 17 markets across Eastern Europe and Central Asia, modestly strengthening its international distribution reach. PepsiCo Expanded Its Bottling Reach To 17 Markets
• Neutral Sentiment: Delhi’s High Court temporarily allowed PepsiCo and other beverage companies to sell existing products labeled “energy drinks,” providing a short-term reprieve in India, although restrictions on producing new inventory remain. Delhi High Court Energy Drink Ruling
• Negative Sentiment: The dominant concern is weak North American snack demand. PepsiCo faces pressure to revive growth after a reported decline in North American food sales, while higher freight and logistics costs could weigh on margins in the December quarter and into 2027.
• Negative Sentiment: Investors are increasingly worried that GLP-1 weight-loss drugs could reduce consumption of salty snacks and sugary beverages, making it harder for PepsiCo to meet the growth and margin targets established after Elliott Investment Management took a roughly $4 billion stake. PepsiCo GLP-1 Threat
• Negative Sentiment: Several market previews warn that a weak earnings report could trigger further losses; derivatives pricing suggests limited relief, while RBC lowered its price target to $150 and maintained a “sector perform” rating. PepsiCo also recalled approximately 122,000 cases of Gatorade over undeclared dyes, adding a limited product-risk headline ahead of earnings. PepsiCo Q3 Preview

Analysts Set New Price Targets

PEP has been the topic of several analyst reports. Bank of America dropped their target price on PepsiCo from $173.00 to $164.00 and set a “neutral” rating on the stock in a report on Thursday, June 25th. Royal Bank Of Canada dropped their price target on shares of PepsiCo from $161.00 to $150.00 and set a “sector perform” rating on the stock in a research note on Tuesday. TD Cowen reduced their price objective on shares of PepsiCo from $145.00 to $133.00 and set a “hold” rating for the company in a research note on Monday, September 28th. JPMorgan Chase & Co. downgraded shares of PepsiCo from an “overweight” rating to a “neutral” rating and dropped their target price for the stock from $170.00 to $138.00 in a research note on Tuesday, September 29th. Finally, UBS Group cut their price target on shares of PepsiCo from $159.00 to $145.00 and set a “buy” rating on the stock in a report on Friday, October 2nd. Five research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $150.20.

PepsiCo Stock Performance

Shares of PEP stock traded down $1.98 during trading hours on Wednesday, reaching $123.73. The company had a trading volume of 13,286,507 shares, compared to its average volume of 7,997,938. The firm has a market cap of $168.88 billion, a PE ratio of 16.22, a price-to-earnings-growth ratio of 2.85 and a beta of 0.35. The business has a fifty day moving average price of $135.99 and a 200-day moving average price of $143.32. PepsiCo, Inc. has a one year low of $123.47 and a one year high of $171.48. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.74 and a current ratio of 0.93.

PepsiCo (NASDAQ:PEP) last posted its earnings results on Thursday, July 9th. The company reported $2.20 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.01. The business had revenue of $24.18 billion during the quarter, compared to the consensus estimate of $23.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The firm’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.92 EPS. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Sell-side analysts predict that PepsiCo, Inc. will post 8.56 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th were paid a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Friday, September 4th. PepsiCo’s payout ratio is currently 77.59%.

PepsiCo Profile

PepsiCo, Inc (NASDAQ:PEP) is a global food and beverage company that develops, manufactures, markets and distributes a broad portfolio of snacks, drinks and convenient foods. Its beverage brands include Pepsi, Mountain Dew, Gatorade, 7UP in select markets, and bubly, while its food and snack brands include Lay’s, Doritos, Cheetos, Tostitos, Fritos, Quaker and Ruffles.

The company’s operations include beverage production and distribution, snack foods, convenient meals and nutrition-oriented products.