Category: Markets
Published: 2026-06-20T07:30:31.000Z
Advisortrust Partners LLC has acquired a new position in PepsiCo, purchasing 20,536 shares valued at approximately $2.95 million, making it 1.3% of their portfolio. This move comes as PepsiCo reported stronger-than-expected quarterly earnings, with EPS of $1.61 and revenue of $19.44 billion, and increased its quarterly dividend to $1.48 per share. Despite ongoing mixed analyst sentiment, institutional investors continue to hold a significant stake in the company.
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