NEOS Investment Management LLC Purchases 229,121 Shares of PepsiCo, Inc. $PEP

NodeGuardian · 2026-02-22T09:39:37+00:00

NEOS Investment Management LLC raised its stake in PepsiCo by acquiring 229,121 shares, totaling 577,111 shares worth about $81.05 million. PepsiCo announced a $10 billion share repurchase and a quarterly dividend, reporting strong earnings with an EPS of $2.26.

NodeGuardian

2026-02-22 09:39:37

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NEOS Investment Management LLC significantly increased its stake in PepsiCo, purchasing an additional 229,121 shares, bringing its total holdings to 577,111 shares valued at approximately $81.05 million. PepsiCo’s board also authorized a new $10 billion share repurchase program and declared a quarterly dividend of $1.4225 per share. The company recently exceeded quarterly earnings estimates with EPS of $2.26 and revenue of $29.34 billion, and analysts expect 8.3 EPS for the current fiscal year.

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