Lbp Am Sa Sells 274,665 Shares of Keurig Dr Pepper, Inc $KDP

Lbp Am Sa reduced its position in Keurig Dr Pepper, Inc (NASDAQ:KDP) by 49.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 278,453 shares of the company’s stock after selling 274,665 shares during the period. Lbp Am Sa’s holdings in Keurig Dr Pepper were worth $7,799,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. NewEdge Advisors LLC boosted its holdings in Keurig Dr Pepper by 30.6% in the first quarter. NewEdge Advisors LLC now owns 15,488 shares of the company’s stock valued at $530,000 after acquiring an additional 3,627 shares during the last quarter. Empowered Funds LLC raised its holdings in Keurig Dr Pepper by 248.0% during the 1st quarter. Empowered Funds LLC now owns 69,801 shares of the company’s stock worth $2,389,000 after purchasing an additional 49,741 shares during the last quarter. Woodline Partners LP raised its holdings in Keurig Dr Pepper by 49.2% during the 1st quarter. Woodline Partners LP now owns 100,870 shares of the company’s stock worth $3,452,000 after purchasing an additional 33,258 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Keurig Dr Pepper during the 2nd quarter valued at about $328,000. Finally, Jump Financial LLC lifted its position in Keurig Dr Pepper by 253.6% during the 2nd quarter. Jump Financial LLC now owns 76,089 shares of the company’s stock valued at $2,516,000 after purchasing an additional 54,571 shares during the period. Institutional investors own 93.99% of the company’s stock.

Keurig Dr Pepper Stock Performance

Shares of NASDAQ:KDP opened at $26.04 on Friday. The company has a market capitalization of $35.38 billion, a price-to-earnings ratio of 17.02, a P/E/G ratio of 1.31 and a beta of 0.35. The firm’s 50 day simple moving average is $27.74 and its 200 day simple moving average is $27.57. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.64 and a quick ratio of 0.43. Keurig Dr Pepper, Inc has a fifty-two week low of $24.88 and a fifty-two week high of $35.94.

Keurig Dr Pepper (NASDAQ:KDP) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.01. Keurig Dr Pepper had a net margin of 12.52% and a return on equity of 11.14%. The firm had revenue of $4.50 billion during the quarter, compared to analysts’ expectations of $4.35 billion. During the same quarter in the previous year, the company earned $0.58 earnings per share. The business’s revenue for the quarter was up 10.6% on a year-over-year basis. Keurig Dr Pepper has set its FY 2026 guidance at 2.130-2.170 EPS. As a group, sell-side analysts forecast that Keurig Dr Pepper, Inc will post 1.92 earnings per share for the current year.

Keurig Dr Pepper Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Friday, March 27th were issued a $0.23 dividend. The ex-dividend date of this dividend was Friday, March 27th. This represents a $0.92 annualized dividend and a dividend yield of 3.5%. Keurig Dr Pepper’s payout ratio is 60.13%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. JPMorgan Chase & Co. lowered their price target on shares of Keurig Dr Pepper from $36.00 to $32.00 and set an “overweight” rating for the company in a research report on Thursday. UBS Group cut their price objective on shares of Keurig Dr Pepper from $36.00 to $32.00 and set a “buy” rating on the stock in a report on Tuesday, April 7th. Evercore raised shares of Keurig Dr Pepper to a “hold” rating in a report on Monday, April 6th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Keurig Dr Pepper from $34.00 to $28.00 and set a “hold” rating for the company in a research report on Monday, March 30th. Finally, Citigroup cut their price target on Keurig Dr Pepper from $37.00 to $32.00 and set a “buy” rating on the stock in a research note on Wednesday. Seven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Keurig Dr Pepper has an average rating of “Hold” and a consensus target price of $32.38.

Keurig Dr Pepper Company Profile

Keurig Dr Pepper (NASDAQ: KDP) is a North American beverage company formed in July 2018 through the combination of Keurig Green Mountain and Dr Pepper Snapple Group. The company designs, manufactures, markets and distributes a wide range of hot and cold beverages and related equipment, combining Keurig’s single‑serve coffee systems with a large portfolio of carbonated and noncarbonated drink brands. It operates a network of manufacturing, packaging and distribution facilities to supply retail, foodservice and e-commerce channels across its served markets.

The company’s product mix includes single‑serve coffee brewers and coffee pods under the Keurig brand as well as a broad assortment of branded beverages.