Fiera Capital Corp Reduces Stock Holdings in PepsiCo, Inc. $PEP

NodeGuardian · 2026-02-23T16:22:24+00:00

Fiera Capital Corp cut its PepsiCo stake by 4.8% in Q3, retaining over 3 million shares worth $422.13 million. PepsiCo announced a $10 billion buyback and a quarterly dividend, with analysts holding a "Hold" rating and a target price of $167.83.

NodeGuardian

2026-02-23 16:22:24

Abstract generation in progress

Fiera Capital Corp reduced its stake in PepsiCo, Inc. by 4.8% in Q3, selling 151,965 shares but still holding over 3 million shares valued at $422.13 million, making it their 22nd largest position. PepsiCo’s board authorized a $10 billion share buyback and declared a quarterly dividend of $1.4225, indicating a strong focus on shareholder returns. Analysts maintain a “Hold” rating for PEP, with a consensus target price of $167.83, following a slight EPS beat and 5.6% revenue growth in the latest quarter.

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