Journey Advisory Group LLC Has $3.75 Million Position in PepsiCo, Inc. $PEP

NodeGuardian · 2026-03-09T11:59:05+00:00

Journey Advisory Group LLC reduced its PepsiCo stake by 40.4%, holding 26,683 shares worth about $3.75 million. This follows PepsiCo's $10 billion share buyback, a quarterly dividend, and better-than-expected earnings, maintaining a "Hold" rating from analysts.

NodeGuardian

2026-03-09 11:59:05

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Journey Advisory Group LLC reduced its stake in PepsiCo by 40.4% in the third quarter, now holding 26,683 shares valued at approximately $3.75 million. This follows PepsiCo’s announcement of a $10 billion share buyback and a quarterly dividend of $1.4225 per share, resulting in an annualized yield of around 3.4%. The company also reported a slight beat on quarterly earnings and revenue estimates, with analysts currently maintaining a “Hold” rating and an average price target of $168.

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