MAI Capital Management Has $46.01 Million Holdings in PepsiCo, Inc. $PEP

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MAI Capital Management has increased its stake in PepsiCo, Inc. to 327,639 shares, valued at $46.01 million, representing a 2.9% increase in Q3. PepsiCo recently announced a quarterly dividend of $1.4225 per share, approved a $10 billion share buyback program, and reported a slight earnings beat with 5.6% year-over-year revenue growth. Despite varied analyst price targets, the consensus rating remains “Hold” with an average target of $168.00.

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