PepsiCo (PEP) Director Robert C Pohlad Buys $24M of Stock

PepsiCo, Inc. director Robert C Pohlad added a sizable stake to his personal holdings, picking up shares worth tens of millions of dollars according to an SEC filing. The purchase brings a notable vote of confidence from inside the boardroom as the stock sits lower than usual.

Inside Robert C Pohlad's PepsiCo Trade

Pohlad bought 184,646 shares of PepsiCo on October 14, 2026. The transaction took place at an average price of $128.28 per share, totaling approximately $23.7 million. PepsiCo closed at $129.27 on the day of the trade. The purchase was executed directly, giving the director an even larger financial stake in the food and beverage company.

Other Institutional Activity in PepsiCo

Large financial institutions have also adjusted their portfolios around the beverage maker. Blackrock Inc. grew its holdings by 2,444,175 shares, ending with 118,281,854 shares worth about $15.55 billion. Vanguard Capital Management LLC added 452,906 shares, bringing its stake to 89,257,968 shares valued at roughly $11.74 billion. State Street Corporation lifted its position by 986,381 shares to hold 60,406,932 shares worth about $7.94 billion. Invesco Ltd. grew its holdings by 2,371,196 shares to reach 43,113,398 shares valued at roughly $5.67 billion. Vanguard Portfolio Management LLC grew its position by 703,597 shares, ending with 37,159,425 shares worth about $4.89 billion.

PepsiCo, Inc. Stock Up 1.4%

Shares recently traded around $130.15, moving above the stock's 52-week low of $123.47 but remaining well below its 52-week high of $171.48. The company has a market capitalization of roughly $179.2 billion. Recent trading puts the stock under its 50-day moving average of $134.61 and its 200-day moving average of $146.36.

Recent Earnings

For its trailing twelve months, PepsiCo brought in $98.24 billion in revenue alongside earnings of $7.95 per share. The company posted a net profit margin of 11.1% and a return on equity of 52.2%. The next earnings report is expected on February 2, 2027.

Dividend

Income-focused investors collect an annual dividend rate of $5.92 per share, which translates to a dividend yield of 4.61%. The company pays out 73.0% of its earnings as dividends.

Insider Buying and Selling at PepsiCo, Inc.

Other executives have transacted in company shares over recent months. Chief Executive Officer Ramon L Laguarta sold 27,945 shares on March 2, 2026, at a price of $167.39 for a total of about $4.68 million. Officer Eugene Willemsen sold 6,500 shares on March 4, 2026, valued at roughly $1.07 million. General Counsel David James Flavell sold 2,900 shares on July 27, 2026, at an average price of $139.54 for a total of $404,674.

Analysts Set New Price Targets

Wall Street firms have recently updated their outlooks on the stock. On October 9, 2026, Citigroup maintained its Neutral rating while adjusting its price target to $135.00 from $142.00. On the same day, JP Morgan kept a Neutral rating and set a target of $137.00. BNP Paribas maintained an Outperform rating with a $157.00 target, while Piper Sandler kept an Overweight rating and adjusted its target to $140.00. Barclays maintained an Equal-Weight rating on October 12, 2026, lowering its target to $126.00. Overall, the stock carries a consensus hold rating from 22 analysts, with a mean price target of $141.59.

About PepsiCo

Headquartered in Purchase, New York, PepsiCo manufactures, markets, and sells a wide range of beverages and convenient foods globally. Well-known brands under its umbrella include Lay's, Doritos, Quaker, Gatorade, Pepsi-Cola, and Mountain Dew. The firm operates across multiple regional segments covering North America, Latin America, Europe, Africa, the Middle East, and Asia Pacific.

Bottom Line

Director Pohlad's multimillion-dollar share purchase highlights significant insider interest while the stock trades below its historical averages. Investors will watch whether upcoming earnings in February 2027 can shift momentum for the beverage giant.