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PepsiCo, Inc. $PEP Shares Acquired by Savvy Advisors Inc.
Savvy Advisors Inc. has significantly increased its stake in PepsiCo, Inc. (NASDAQ:PEP) by 49.9%, now owning 20,615 shares valued at approximately $2.895 million. This comes as PepsiCo authorized a $10.0 billion share repurchase program and declared a quarterly dividend of $1.4225 per share. The company recently reported strong quarterly earnings, beating analyst estimates for both EPS and revenue, with an average “Hold” rating from analysts and a consensus price target of $167.68.