Rep. Mike Kelly Sells PepsiCo, Inc. (NASDAQ:PEP) Stock

Representative Mike Kelly (Republican-Pennsylvania) recently sold shares of PepsiCo, Inc. (NASDAQ:PEP). In a filing disclosed on August 12th, the Representative disclosed that they had sold between $15,001 and $50,000 in PepsiCo stock on July 17th. The trade occurred in the Representative’s “VICTORIA KELLY TRUST ICA” account.

Representative Mike Kelly also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 7/17/2026.
  • Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 7/17/2026.

PepsiCo Stock Performance

Shares of PEP opened at $140.79 on Friday. The company has a 50-day simple moving average of $140.20 and a 200-day simple moving average of $150.57. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. The company has a market capitalization of $192.16 billion, a PE ratio of 18.45, a P/E/G ratio of 3.09 and a beta of 0.35. PepsiCo, Inc. has a 52-week low of $133.73 and a 52-week high of $171.48.

PepsiCo (NASDAQ:PEPGet Free Report) last released its quarterly earnings data on Thursday, July 9th. The company reported $2.20 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.01. The firm had revenue of $24.18 billion for 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 earned $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Equities research analysts predict that PepsiCo, Inc. will post 8.57 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th will be paid a dividend of $1.48 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.2%. PepsiCo’s dividend payout ratio is 77.59%.

Insider Activity

In related news, EVP David Flavell sold 2,900 shares of the firm’s 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 completion of the transaction, the executive vice president owned 74,825 shares of the company’s stock, valued at approximately $10,441,080.50. This trade represents a 3.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.12% of the stock is owned by corporate insiders.

Institutional Trading of PepsiCo

A number of institutional investors and hedge funds have recently modified their holdings of PEP. Caisse de depot et placement du Quebec acquired a new position in shares of PepsiCo during the second quarter valued at $114,193,000. Gallagher Fiduciary Advisors LLC acquired a new position in shares of PepsiCo during the second quarter valued at approximately $477,000. Pointe Capital Management LLC bought a new position in PepsiCo during the second quarter valued at about $551,000. Odyssean LLC bought a new position in shares of PepsiCo in the second quarter valued at $1,037,000. Finally, Invst LLC acquired a new position in shares of PepsiCo in the 2nd quarter valued at $512,000. 73.07% of the stock is owned by institutional investors and hedge funds.

PepsiCo News Roundup

Here are the key news stories impacting PepsiCo this week:

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on PEP. Rothschild & Co Redburn lifted their price objective on PepsiCo from $130.00 to $132.00 in a research report on Monday, May 11th. Deutsche Bank Aktiengesellschaft set a $155.00 price target on shares of PepsiCo in a report on Friday, July 10th. Wall Street Zen lowered PepsiCo from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th. TD Cowen cut their price objective on shares of PepsiCo from $150.00 to $145.00 and set a “hold” rating on the stock in a report on Friday, July 10th. Finally, Piper Sandler set a $176.00 target price on PepsiCo in a research report on Thursday, July 9th. Seven equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $157.90.

View Our Latest Report on PEP

About Representative Kelly

Mike Kelly (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 16th Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Kelly (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 16th Congressional District. He declared candidacy for the 2026 election.

About PepsiCo

(Get Free Report)

PepsiCo, Inc (NASDAQ: PEP) is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay’s, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.

Further Reading

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