PepsiCo (NASDAQ:PEP) Stock Sold Off by Rep. Pete Sessions

Representative Pete Sessions (Republican-Texas) recently sold shares of PepsiCo, Inc. (NASDAQ:PEP). In a filing disclosed on October 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in PepsiCo stock on October 21st. The trade occurred in the Representative’s “ET IRA” account.

Representative Pete Sessions also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/28/2026.
• Sold $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 10/21/2026.
• Sold $0 – $1,000 in shares of Resideo Technologies (NYSE:REZI) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 10/20/2026.
• Sold $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 10/15/2026.
• Sold $15,001 – $50,000 in shares of Chevron (NYSE:CVX) on 10/14/2026.

PepsiCo Stock Down 0.7%

PepsiCo stock opened at $132.63 on Thursday. The business has a fifty day moving average of $133.76 and a two-hundred day moving average of $145.93. 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 firm has a market cap of $180.74 billion, a P/E ratio of 16.66, a P/E/G ratio of 4.06 and a beta of 0.35. PepsiCo, Inc. has a twelve month low of $123.47 and a twelve month high of $171.48.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Wednesday, October 7th. The company reported $2.34 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter last year, the firm earned $2.29 EPS. On average, analysts forecast that PepsiCo, Inc. will post 8.39 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have commented on PEP. TD Cowen reduced their target price on shares of PepsiCo from $145.00 to $133.00 and set a “hold” rating for the company in a report on Monday, September 28th. Royal Bank Of Canada lowered their price target on shares of PepsiCo from $161.00 to $150.00 and set a “sector perform” rating on the stock in a report on Tuesday, October 6th. JPMorgan Chase & Co. cut their price objective on shares of PepsiCo from $138.00 to $137.00 and set a “neutral” rating on the stock in a research report on Friday, October 9th. UBS Group reduced their price objective on shares of PepsiCo from $159.00 to $145.00 and set a “buy” rating for the company in a research note on Friday, October 2nd. Finally, Wells Fargo & Company decreased their price target on PepsiCo from $140.00 to $135.00 and set an “equal weight” rating for the company in a research note on Monday, October 5th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $143.28.

PepsiCo News Summary

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo’s valuation is attracting bullish attention: its price-to-earnings ratio is around 16.7, reportedly the lowest relative to earnings in roughly six years. Analysts and Morningstar see potential for a recovery if management’s reset succeeds. PepsiCo valuation article Coca-Cola versus PepsiCo article
• Positive Sentiment: PEP offers a dividend yield of approximately 4.3%, considerably above Coca-Cola’s cited 2.2%, supporting its appeal to income-focused investors. PepsiCo remains a Dividend King with more than five decades of consecutive payout increases. PepsiCo dividend comparison
• Positive Sentiment: Portfolio initiatives provide potential growth catalysts. PepsiCo’s Sting energy drink has expanded affordable energy consumption in India, while Taco Bell is continuing its Mountain Dew Baja Blast partnership. Sting case study Taco Bell Baja Blast partnership
• Neutral Sentiment: PepsiCo is pursuing efficiency and sustainability improvements, including a virtual potato harvester developed with Grimme to help growers reduce waste and protect crop quality. The financial impact is likely longer term. Virtual potato harvester article
• Negative Sentiment: The central concern is stagnant North American performance. Management’s reset relies on cost cuts, brand investment and product innovation to counter consumer trade-down and elevated operating costs, but investors may question whether savings can restore sustainable growth. An activist investor’s involvement adds pressure for faster results. PepsiCo North America reset
• Negative Sentiment: Recent comparisons show Coca-Cola has outperformed PepsiCo over the past year, despite PepsiCo’s higher yield. A consumer complaint over the stated weight of a Lay’s packet in India also creates a minor reputational and legal overhang. Lay’s packet dispute

Institutional Investors Weigh In On PepsiCo

Institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE purchased a new position in shares of PepsiCo during the 2nd quarter worth approximately $2,755,509,000. Legal & General Group Plc acquired a new stake in PepsiCo in the second quarter valued at approximately $1,200,274,000. Corient Private Wealth LP acquired a new position in shares of PepsiCo during the second quarter worth $297,116,000. Canada Pension Plan Investment Board purchased a new position in shares of PepsiCo in the 2nd quarter valued at about $487,558,000. Finally, Assenagon Asset Management S.A. lifted its position in shares of PepsiCo by 952.6% during the 2nd quarter. Assenagon Asset Management S.A. now owns 3,715,812 shares of the company’s stock worth $503,121,000 after buying an additional 3,362,794 shares during the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

Insider Transactions at PepsiCo

In other news, Director Robert Pohlad acquired 184,646 shares of PepsiCo stock in a transaction on Wednesday, October 14th. The stock was bought at an average price of $128.28 per share, for a total transaction of $23,686,388.88. Following the completion of the purchase, the director owned 433,009 shares in the company, valued at $55,546,394.52. This represents a 74.35% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Ramon Laguarta sold 30,000 shares of PepsiCo stock in a transaction on Wednesday, October 21st. The shares were 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. The trade was a 5.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.12% of the stock is owned by corporate insiders.

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas’ 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas’ 17th Congressional District. He won in the general election on November 5, 2024.

On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023.

Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions’ career experience includes working as an executive with AT&T.

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.