Orgel Wealth Management 13F: Exits PepsiCo (PEP) Stake

Orgel Wealth Management fully exited its investment in PepsiCo, Inc. (NasdaqGS: PEP), according to a Form 13F filing with the SEC filed on October 14, 2026. Because 13F reports look backward, the filing reflects holdings as of the end of the reporting period and may not represent the firm's current stance.

Inside Orgel Wealth Management's PepsiCo Trade

The firm sold out completely, parting ways with all 1,500 shares it previously held. The total value of the exit wiped out its entire remaining position in the beverage maker.

Other Institutional Activity in PepsiCo

Blackrock Inc. grew its holdings by 2,444,175 shares, ending with 118,281,854 shares worth about $15,552,881,632.0. Vanguard Capital Management LLC grew its holdings by 452,906 shares, ending with 89,257,968 shares worth about $11,736,530,702.0. State Street Corporation grew its holdings by 986,381 shares, ending with 60,406,932 shares worth about $7,942,907,820.0. Invesco Ltd. grew its holdings by 2,371,196 shares, ending with 43,113,398 shares worth about $5,668,980,939.0. Vanguard Portfolio Management LLC grew its holdings by 703,597 shares, ending with 37,159,425 shares worth about $4,886,092,997.0.

PepsiCo, Inc. Stock Up 1.4%

PepsiCo shares recently traded around $130.15. The stock sits below its 50-day moving average of $134.61 and below its 200-day average of $146.36. The price rests down about 24.1% from its 52-week high of $171.48 and up about 5.4% from its low of $123.47.

Recent Earnings

PepsiCo generated $98,241,003,520.0 in trailing-twelve-month revenue with earnings of $7.95 per share. The company reported a net profit margin of 11.1% and a return on equity of 52.2%. Its next earnings update is slated for February 2, 2027.

Dividend

The company pays an annual dividend rate of $5.92 per share, giving it a dividend yield of 4.61%. PepsiCo uses about 73.0% of its earnings to cover these payouts.

Insider Buying and Selling at PepsiCo, Inc.

Insider transactions included multiple sales earlier in the year alongside a large purchase. Chief Executive Officer Ramon L. Laguarta sold 27,945 shares on March 2, 2026, at a price of $167.39 for a total value of $4,677,610.0. Officer Eugene Willemsen sold 6,500 shares on March 4, 2026, valued at $1,068,923.0. Later, General Counsel David James Flavell sold 2,900 shares on July 27, 2026, at $139.54 per share, totaling $404,674.0. Director Robert C. Pohlad bought 184,646 shares on October 14, 2026, at $128.28 per share, worth $23,686,388.88.

Analysts Set New Price Targets

Citigroup maintained a Neutral rating on the stock with a $135.0 target on October 9, 2026. JP Morgan kept a Neutral rating on October 9, 2026, with a $137.0 target. BNP Paribas kept an Outperform rating on October 9, 2026, lowering its target to $157.0. Piper Sandler maintained an Overweight rating on October 9, 2026, with a $140.0 target. Barclays held an Equal-Weight rating on October 12, 2026, setting a $126.0 target. Overall, the stock carries a consensus hold rating from 22 analysts with a mean price target of $141.59.

About PepsiCo

PepsiCo, Inc. manufactures, markets, and sells a wide range of beverages and convenient foods globally. Key brands range from namesake soft drinks to snacks and Quaker products, distributed across major international markets.

Bottom Line

Orgel Wealth Management's exit highlights how smaller managers navigate shifting valuations in large-cap consumer defensive firms. Investors will watch the company's upcoming earnings report on February 2, 2027, for further details on operational performance and margin trends. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.