Guinness Asset Management LTD has significantly increased its stake in PepsiCo, Inc. (NASDAQ:PEP) by 29.7% during the third quarter, now owning 1,585,557 shares valued at $222,248,000. Other institutional investors like Norges Bank, Laurel Wealth Advisors LLC, and Charles Schwab Investment Management Inc. also made substantial changes to their PepsiCo holdings. The article further details analyst ratings, stock performance, and recent positive news surrounding PepsiCo, including strong Q4 earnings, increased dividends, and a $10 billion share repurchase program.
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Guinness Asset Management LTD Increases Holdings in PepsiCo, Inc. $PEP
Guinness Asset Management LTD has significantly increased its stake in PepsiCo, Inc. (NASDAQ:PEP) by 29.7% during the third quarter, now owning 1,585,557 shares valued at $222,248,000. Other institutional investors like Norges Bank, Laurel Wealth Advisors LLC, and Charles Schwab Investment Management Inc. also made substantial changes to their PepsiCo holdings. The article further details analyst ratings, stock performance, and recent positive news surrounding PepsiCo, including strong Q4 earnings, increased dividends, and a $10 billion share repurchase program.