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StocksMedium•13 February 2026•

1 min read

Savvy Advisors Boosts PepsiCo Stake Amid Strong Earnings and $10B Share Buyback Program

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Savvy Advisors Inc. has significantly increased its stake in PepsiCo, Inc. (NASDAQ:PEP) by 49.9%. The investment firm now holds 20,615 shares of PepsiCo, valued at approximately $2.895 million. This expansion coincides with PepsiCo's recent authorization of a substantial $10.0 billion share repurchase program. Furthermore, PepsiCo declared a quarterly dividend of $1.4225 per share, underscoring its commitment to shareholder returns. The beverage and snack giant also reported robust quarterly earnings, surpassing analyst estimates for both earnings per share (EPS) and revenue. The move by Savvy Advisors signals strong institutional confidence in PepsiCo's solid financial performance and its strategic initiatives.