Chemung Canal Trust Co. Has $6.43 Million Stake in PepsiCo, Inc. $PEP

Chemung Canal Trust Co. lifted its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 22.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 44,772 shares of the company’s stock after purchasing an additional 8,108 shares during the quarter. PepsiCo comprises approximately 1.3% of Chemung Canal Trust Co.’s holdings, making the stock its 27th biggest position. Chemung Canal Trust Co.’s holdings in PepsiCo were worth $6,426,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in PEP. Evolution Wealth Management Inc. bought a new position in PepsiCo during the second quarter worth $27,000. JCIC Asset Management Inc. bought a new position in shares of PepsiCo in the third quarter valued at about $27,000. Imprint Wealth LLC acquired a new stake in shares of PepsiCo during the 3rd quarter worth about $31,000. Halbert Hargrove Global Advisors LLC boosted its holdings in shares of PepsiCo by 667.7% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 238 shares of the company’s stock worth $33,000 after buying an additional 207 shares during the period. Finally, Strategic Advocates LLC acquired a new position in PepsiCo in the 3rd quarter valued at about $33,000. Institutional investors own 73.07% of the company’s stock.

PepsiCo Trading Up 1.5%

Shares of PEP opened at $153.04 on Friday. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.67 and a current ratio of 0.85. PepsiCo, Inc. has a 52-week low of $127.60 and a 52-week high of $171.48. The firm has a market cap of $209.15 billion, a price-to-earnings ratio of 25.51, a PEG ratio of 2.89 and a beta of 0.39. The business’s fifty day moving average is $158.89 and its 200-day moving average is $150.06.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings data on Monday, February 2nd. The company reported $2.26 earnings per share for the quarter, topping the consensus estimate of $2.24 by $0.02. PepsiCo had a return on equity of 57.92% and a net margin of 8.77%.The business had revenue of $29.34 billion during the quarter, compared to the consensus estimate of $28.96 billion. During the same period in the prior year, the company earned $1.96 EPS. PepsiCo’s revenue for the quarter was up 5.6% on a year-over-year basis. Equities analysts anticipate that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo declared that its Board of Directors has approved a stock buyback plan on Tuesday, February 3rd that authorizes the company to repurchase $10.00 billion in shares. This repurchase authorization authorizes the company to buy up to 4.7% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its shares are undervalued.

PepsiCo Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 6th will be paid a $1.4225 dividend. This represents a $5.69 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Friday, March 6th. PepsiCo’s dividend payout ratio (DPR) is presently 94.83%.

Analyst Ratings Changes

PEP has been the topic of several research analyst reports. HSBC increased their price target on shares of PepsiCo from $152.00 to $175.00 and gave the company a “hold” rating in a report on Thursday, February 5th. UBS Group reaffirmed a “buy” rating and issued a $190.00 target price on shares of PepsiCo in a research report on Wednesday, February 4th. Barclays lifted their price target on PepsiCo from $148.00 to $160.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. Argus upgraded PepsiCo to a “hold” rating in a research note on Tuesday, February 17th. Finally, Jefferies Financial Group upped their price objective on PepsiCo from $163.00 to $164.00 and gave the company a “hold” rating in a report on Tuesday, December 9th. Eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $169.00.

Key PepsiCo News

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Market note showing shares climbing on the session — reflects investor appetite today amid other supportive news. PepsiCo (PEP) Increases Despite Market Slip: Here’s What You Need to Know
• Positive Sentiment: Management highlights heavy local sourcing (~95% in APAC) plus AI and hedging to control input-cost and geopolitical risks — this should support margins and supply resilience. PepsiCo Leans on Local Sourcing and AI to Navigate Cost Pressures
• Positive Sentiment: Coverage on the same theme: local sourcing and AI-driven cost management, reinforcing the narrative that PepsiCo is proactively protecting margins. PepsiCo Leans on Local Sourcing and AI to Navigate Cost Pressures
• Positive Sentiment: Product strategy shift into meat snacks to meet demand for cleaner ingredients — diversification into premium/snacking categories can boost revenue mix and margins if execution scales. PepsiCo pivots into meat snacks, as consumers now want ‘cleaner’ ingredients
• Positive Sentiment: New global marketing platform “Pepsi Football Nation” expands brand engagement and sponsorship reach — a potential tailwind for beverage/packaged-snack demand around sports. Pepsi Football Nation: a new global platform celebrates football culture
• Positive Sentiment: PepsiCo sees opportunity from China’s new Five-Year Plan — management tone suggests growth focus in a key market, which investors may view as constructive for international revenue. PepsiCo chief sees potential of China’s new Five-Year Plan
• Neutral Sentiment: Analyst consensus remains an average “Hold” — suggests no near-term re-rating from sell-side, so short-term moves may be driven more by company updates than upgrades. PepsiCo, Inc. (NASDAQ:PEP) Receives Average Recommendation of “Hold” from Analysts
• Neutral Sentiment: Earnings preview ahead of results — analysts will be watching organic sales, margin trends and guidance; the preview keeps focus on upcoming catalysts rather than changing fundamentals today. PepsiCo Earnings Preview: What to Expect
• Negative Sentiment: Article flags PepsiCo among profitable companies with “questionable fundamentals” — a reminder some investors see valuation or structural concerns despite profitability; could pressure sentiment if echoed by analysts. 3 Profitable Stocks with Questionable Fundamentals

About PepsiCo

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.