Fortis Group Advisors LLC significantly increased its stake in PepsiCo, purchasing an additional 10,255 shares in Q3, bringing their total holdings to 10,301 shares valued at approximately $1.505 million. This comes as PepsiCo announces a $10 billion share repurchase program and a quarterly dividend of $1.4225, with recent earnings slightly exceeding analyst expectations. Analysts generally maintain a “Hold” rating for the stock with an average price target of $167.83 despite various upgrades and downgrades.
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Fortis Group Advisors LLC Acquires 10,255 Shares of PepsiCo, Inc. $PEP
Fortis Group Advisors LLC significantly increased its stake in PepsiCo, purchasing an additional 10,255 shares in Q3, bringing their total holdings to 10,301 shares valued at approximately $1.505 million. This comes as PepsiCo announces a $10 billion share repurchase program and a quarterly dividend of $1.4225, with recent earnings slightly exceeding analyst expectations. Analysts generally maintain a “Hold” rating for the stock with an average price target of $167.83 despite various upgrades and downgrades.