The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

StocksUpdated×3•Originally published 27 April 2026•Updated 28 April 2026•

1 min read

D.A. Davidson Rebalances Portfolio with Stake Increases in PepsiCo and Key Firms

Key Facts

1D.A. Davidson & CO. increased its stake in PepsiCo by 23.7% in the fourth quarter, reaching a total of 512,718 shares.

2PepsiCo announced a quarterly dividend of $1.4225 per share and authorized a $10 billion share repurchase program.

3Institutional ownership in PepsiCo stands at 73.07% with a consensus analyst target price of $170.26.

D.A. Davidson & CO. expanded its portfolio activity during the fourth quarter, notably increasing its PepsiCo stake by 23.7% and its BlackRock position by 14.3%. The firm also boosted its exposure to D.R. Horton (DHI) by 13.6% following strong earnings results, while increasing its AT&T stake to 445,139 shares. Conversely, the firm implemented strategic divestments, reducing its Quanta Services (PWR) ownership by 3.3% and cutting its Sysco (SYY) holdings by 19,694 shares. Additionally, the firm trimmed its investment in AIG to 151,015 shares. These adjustments align with PepsiCo's announcement of a $1.4225 per share dividend and a $10 billion share buyback program.

about 1 month ago

Version History

Version 3about 1 month ago

What changed: Updated the story to include D.A. Davidson's 10.7% stake increase in Bristol Myers Squibb and its quarterly dividend details.

Version 2about 1 month ago

What changed: Added specific details regarding the increased stake in BlackRock (BLK) and notable insider selling activity within the firm.

Version 1about 1 month ago

What changed: The story was expanded to include D.A. Davidson's broader Q4 portfolio activity involving HON, ROST, AIG, and T, moving beyond the exclusive focus on PepsiCo.