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SageView Advisory Group LLC Raises Holdings in PepsiCo, Inc. $PEP
SageView Advisory Group LLC significantly increased its stake in PepsiCo, Inc. (NASDAQ:PEP) by 80.4% in the third quarter, owning 29,841 shares valued at $4.19 million. This increase aligns with other institutional investors also boosting their positions in the company. PepsiCo recently authorized a $10.0 billion share repurchase plan and declared a quarterly dividend of $1.4225, following a quarter where earnings and revenue exceeded analyst expectations.