Pacer Advisors Inc. lowered its position in shares of Keurig Dr Pepper, Inc (NASDAQ:KDP – Free Report) by 27.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 149,288 shares of the company’s stock after selling 56,949 shares during the period. Pacer Advisors Inc.’s holdings in Keurig Dr Pepper were worth $3,931,000 at the end of the most recent reporting period.
Several other institutional investors have also recently modified their holdings of KDP. Salomon & Ludwin LLC purchased a new stake in Keurig Dr Pepper in the fourth quarter worth approximately $26,000. Meeder Asset Management Inc. grew its holdings in shares of Keurig Dr Pepper by 358.0% during the 1st quarter. Meeder Asset Management Inc. now owns 971 shares of the company’s stock valued at $26,000 after purchasing an additional 759 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in Keurig Dr Pepper by 102,300.0% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,024 shares of the company’s stock worth $34,000 after purchasing an additional 1,023 shares during the period. Rossby Financial LCC lifted its stake in Keurig Dr Pepper by 45.1% in the fourth quarter. Rossby Financial LCC now owns 1,090 shares of the company’s stock worth $31,000 after purchasing an additional 339 shares during the last quarter. Finally, Activest Wealth Management lifted its stake in Keurig Dr Pepper by 5,642.1% in the fourth quarter. Activest Wealth Management now owns 1,091 shares of the company’s stock worth $31,000 after purchasing an additional 1,072 shares during the last quarter. 93.99% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
KDP has been the topic of several analyst reports. BNP Paribas Exane upgraded Keurig Dr Pepper from an “underperform” rating to a “neutral” rating and set a $28.00 price objective on the stock in a report on Wednesday, April 22nd. UBS Group increased their target price on Keurig Dr Pepper from $34.00 to $38.00 and gave the company a “buy” rating in a report on Thursday, July 16th. Barclays upgraded Keurig Dr Pepper from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $30.00 to $36.00 in a research report on Thursday, June 25th. Sanford C. Bernstein set a $39.00 price objective on Keurig Dr Pepper in a research report on Wednesday, July 8th. Finally, Zacks Research lowered Keurig Dr Pepper from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. Nine investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $33.94.
Keurig Dr Pepper News Summary
Here are the key news stories impacting Keurig Dr Pepper this week:
- Positive Sentiment: Quarterly results exceeded expectations. KDP reported adjusted earnings of $0.57 per share, up from $0.49 a year ago and ahead of analyst estimates of approximately $0.54-$0.55. Revenue reached $7.31 billion, surpassing the $7.23 billion consensus estimate. Keurig Dr Pepper Reports Q2 Results and Reaffirms Guidance for 2026
- Positive Sentiment: Growth was led by U.S. Refreshment Beverages and JDE Peet’s. Management also cited efficiency initiatives as supporting performance, while reported revenue benefited substantially from the JDE Peet’s combination. Keurig Q2 Earnings and Sales Beat Estimates on JDE Peet’s Strength
- Neutral Sentiment: Full-year guidance was reaffirmed rather than raised. KDP maintained its 2026 constant-currency net sales outlook of $25.9 billion to $26.4 billion, broadly in line with the $26.2 billion consensus estimate, and continues to target a 4.1x pro forma management leverage ratio at year-end. Keurig Dr Pepper Maintains Annual Forecasts After Quarterly Results Beat
- Negative Sentiment: The planned separation into two companies remains in progress. Although the restructuring could create longer-term strategic value, continued separation work may add execution complexity and costs, giving investors a reason to remain cautious despite the quarterly beat. Keurig Dr Pepper Posts Higher Sales as Separation Work Continues
Keurig Dr Pepper Price Performance
Shares of Keurig Dr Pepper stock opened at $30.37 on Friday. The business has a 50 day moving average of $31.19 and a 200 day moving average of $29.13. Keurig Dr Pepper, Inc has a 52 week low of $24.88 and a 52 week high of $35.94. The company has a market cap of $41.32 billion, a PE ratio of 22.50, a P/E/G ratio of 1.41 and a beta of 0.40. The company has a quick ratio of 2.12, a current ratio of 2.31 and a debt-to-equity ratio of 0.72.
Keurig Dr Pepper (NASDAQ:KDP – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.03. The business had revenue of $7.31 billion for the quarter, compared to analysts’ expectations of $7.23 billion. Keurig Dr Pepper had a net margin of 10.81% and a return on equity of 10.51%. The firm’s revenue for the quarter was up 75.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.49 earnings per share. As a group, equities research analysts forecast that Keurig Dr Pepper, Inc will post 2.29 earnings per share for the current year.
Keurig Dr Pepper Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Friday, June 26th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, June 26th. Keurig Dr Pepper’s dividend payout ratio (DPR) is currently 68.15%.
Keurig Dr Pepper 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.
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