Keurig Dr Pepper, Inc $KDP Shares Purchased by Capital International Inc. CA

Capital International Inc. CA boosted its stake in Keurig Dr Pepper, Inc (NASDAQ:KDP) by 12.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,040,247 shares of the company’s stock after acquiring an additional 115,781 shares during the period. Capital International Inc. CA’s holdings in Keurig Dr Pepper were worth $26,537,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. AlphaCore Capital LLC acquired a new stake in shares of Keurig Dr Pepper during the second quarter worth about $26,000. Root Financial Partners LLC purchased a new stake in shares of Keurig Dr Pepper in the 3rd quarter valued at about $26,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in shares of 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 valued at $34,000 after purchasing an additional 1,023 shares during the period. Clearstead Trust LLC boosted its position in shares of Keurig Dr Pepper by 98.3% in the 3rd quarter. Clearstead Trust LLC now owns 1,081 shares of the company’s stock valued at $28,000 after purchasing an additional 536 shares during the period. Finally, SBI Securities Co. Ltd. grew its stake in Keurig Dr Pepper by 71.7% during the 3rd quarter. SBI Securities Co. Ltd. now owns 1,159 shares of the company’s stock worth $30,000 after buying an additional 484 shares during the last quarter. Hedge funds and other institutional investors own 93.99% of the company’s stock.

Insider Buying and Selling at Keurig Dr Pepper

In related news, VP Angela A. Stephens sold 10,000 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $29.52, for a total transaction of $295,200.00. Following the transaction, the vice president owned 54,200 shares of the company’s stock, valued at $1,599,984. This represents a 15.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.00% of the stock is currently owned by company insiders.

Keurig Dr Pepper Trading Down 0.5%

NASDAQ KDP opened at $28.04 on Wednesday. The company has a quick ratio of 0.43, a current ratio of 0.64 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $38.10 billion, a P/E ratio of 18.33, a P/E/G ratio of 1.52 and a beta of 0.33. Keurig Dr Pepper, Inc has a 52-week low of $25.03 and a 52-week high of $36.12. The firm has a 50-day moving average price of $28.41 and a 200 day moving average price of $27.84.

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

Keurig Dr Pepper Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 27th will be paid a $0.23 dividend. The ex-dividend date is Friday, March 27th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.3%. Keurig Dr Pepper’s payout ratio is 60.13%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on KDP shares. Jefferies Financial Group cut Keurig Dr Pepper from a “buy” rating to a “hold” rating and reduced their price objective for the company from $39.00 to $32.00 in a research note on Tuesday, December 16th. UBS Group restated a “buy” rating and set a $36.00 target price on shares of Keurig Dr Pepper in a research report on Thursday, February 26th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Keurig Dr Pepper in a report on Wednesday, January 28th. Piper Sandler upped their price target on shares of Keurig Dr Pepper from $35.00 to $38.00 and gave the company an “overweight” rating in a research report on Monday, December 15th. Finally, Wells Fargo & Company increased their price target on shares of Keurig Dr Pepper from $35.00 to $40.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Ten investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Keurig Dr Pepper presently has an average rating of “Moderate Buy” and a consensus price target of $35.40.

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.