PepsiCo, Inc. $PEP Shares Bought by Orca Investment Management LLC

Orca Investment Management LLC lifted its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 589.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,406 shares of the company’s stock after purchasing an additional 21,720 shares during the quarter. PepsiCo comprises about 2.5% of Orca Investment Management LLC’s investment portfolio, making the stock its 11th largest holding. Orca Investment Management LLC’s holdings in PepsiCo were worth $3,219,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of PEP. Bank Julius Baer & Co. Ltd Zurich lifted its position in PepsiCo by 7.7% in the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 191,162 shares of the company’s stock worth $24,240,000 after purchasing an additional 13,607 shares during the period. Pinkerton Wealth LLC increased its position in shares of PepsiCo by 7.0% during the 3rd quarter. Pinkerton Wealth LLC now owns 41,224 shares of the company’s stock valued at $5,224,000 after purchasing an additional 2,695 shares during the period. Virtue Capital Management LLC increased its position in shares of PepsiCo by 63.7% during the 3rd quarter. Virtue Capital Management LLC now owns 4,806 shares of the company’s stock valued at $609,000 after purchasing an additional 1,871 shares during the period. Bell Investment Advisors Inc raised its stake in shares of PepsiCo by 49.8% in the 3rd quarter. Bell Investment Advisors Inc now owns 936 shares of the company’s stock worth $119,000 after buying an additional 311 shares in the last quarter. Finally, Columbia Bank raised its stake in shares of PepsiCo by 10.4% in the 3rd quarter. Columbia Bank now owns 18,862 shares of the company’s stock worth $2,390,000 after buying an additional 1,782 shares in the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo News Summary

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.

PepsiCo Price Performance

Shares of NASDAQ:PEP opened at $137.34 on Monday. The firm has a 50 day simple moving average of $133.49 and a 200 day simple moving average of $145.87. PepsiCo, Inc. has a 52 week low of $123.47 and a 52 week high of $171.48. The company has a debt-to-equity ratio of 1.90, a quick ratio of 0.76 and a current ratio of 0.94. The company has a market cap of $187.16 billion, a PE ratio of 17.25, a price-to-earnings-growth ratio of 4.10 and a beta of 0.35.

PepsiCo (NASDAQ:PEP) last released its earnings results on Wednesday, October 7th. The company reported $2.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.05. The company had revenue of $25.27 billion during the quarter, compared to analyst estimates of $24.95 billion. PepsiCo had a return on equity of 53.08% and a net margin of 11.09%. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.29 earnings per share. As a group, research analysts expect that PepsiCo, Inc. will post 8.39 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Royal Bank Of Canada decreased their target price on PepsiCo from $161.00 to $150.00 and set a “sector perform” rating for the company in a research note on Tuesday, October 6th. TD Cowen cut their price target 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. The Goldman Sachs Group restated a “buy” rating and set a $165.00 price objective on shares of PepsiCo in a research report on Thursday, October 8th. Jefferies Financial Group reaffirmed a “hold” rating on shares of PepsiCo in a research note on Thursday, October 8th. Finally, Piper Sandler dropped their target price on shares of PepsiCo from $176.00 to $140.00 and set an “overweight” rating on the stock in a report on Friday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $143.28.

Insider Buying and Selling at PepsiCo

In other PepsiCo news, Director Robert Pohlad acquired 184,646 shares of PepsiCo stock in a transaction that occurred on Wednesday, October 14th. The stock was purchased at an average cost of $128.28 per share, with a total value of $23,686,388.88. Following the purchase, the director owned 433,009 shares in the company, valued at approximately $55,546,394.52. The trade was a 74.35% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Ramon Laguarta sold 30,000 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer owned 491,645 shares of the company’s stock, valued at $66,435,988.85. The trade was a 5.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.12% of the stock is currently owned by insiders.

PepsiCo Company 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.