PepsiCo, Inc. $PEP Stock Holdings Lifted by AlphaCore Capital LLC

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AlphaCore Capital LLC significantly increased its stake in PepsiCo, Inc. (NASDAQ:PEP) by 57.7% in the fourth quarter, bringing their total holdings to 28,182 shares valued at $4.08 million. This increase follows PepsiCo’s strong quarterly results, where it surpassed analyst expectations with an EPS of $1.61 and revenue of $19.44 billion, an 8.5% rise year-over-year. The company also announced an increased quarterly dividend of $1.48 per share and continues its $10 billion share repurchase program, while analysts generally rate the stock as a “Hold.”

PEP-0.24%
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