PepsiCo, Inc. $PEP Shares Purchased by W.G. Shaheen & Associates DBA Whitney & Co

W.G. Shaheen & Associates DBA Whitney & Co significantly increased its stake in PepsiCo (NASDAQ:PEP) during Q4, boosting holdings by 670.4% to 12,519 shares valued at approximately $1.80 million. This move comes as PepsiCo reported strong quarterly earnings, beating estimates with $1.61 EPS and $19.44 billion in revenue, and authorized a $10 billion share buyback program. The company also maintains a quarterly dividend of $1.4225, with a current yield of around 3.7%, and has a consensus analyst rating of “Hold” with an average target price of $170.26.

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