Wealth Enhancement Advisory Services LLC Has $7.17 Million Position in Keurig Dr Pepper, Inc $KDP

Wealth Enhancement Advisory Services LLC grew its position in Keurig Dr Pepper, Inc (NASDAQ:KDP) by 149.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 262,358 shares of the company’s stock after buying an additional 157,343 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Keurig Dr Pepper were worth $7,173,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Root Financial Partners LLC acquired a new position in Keurig Dr Pepper during the third quarter worth approximately $26,000. Clearstead Trust LLC lifted its position in shares of Keurig Dr Pepper by 98.3% in the third quarter. Clearstead Trust LLC now owns 1,081 shares of the company’s stock valued at $28,000 after buying an additional 536 shares during the last quarter. Mather Group LLC. bought a new position in shares of Keurig Dr Pepper during the 3rd quarter worth approximately $30,000. SBI Securities Co. Ltd. boosted its stake in shares of 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 acquiring an additional 484 shares during the period. Finally, Bartlett & CO. Wealth Management LLC increased its holdings in shares of Keurig Dr Pepper by 347.3% during the 3rd quarter. Bartlett & CO. Wealth Management LLC now owns 1,230 shares of the company’s stock worth $31,000 after acquiring an additional 955 shares during the last quarter. 93.99% of the stock is owned by institutional investors.

Keurig Dr Pepper Stock Down 0.2%

NASDAQ KDP opened at $26.23 on Friday. The company has a current ratio of 0.64, a quick ratio of 0.43 and a debt-to-equity ratio of 0.51. The company has a market cap of $35.64 billion, a price-to-earnings ratio of 17.14, a PEG ratio of 1.36 and a beta of 0.33. The company has a 50 day moving average of $28.21 and a 200-day moving average of $27.65. Keurig Dr Pepper, Inc has a 1-year low of $25.03 and a 1-year high of $36.12.

Keurig Dr Pepper (NASDAQ:KDP) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $0.60 earnings per share (EPS) for the quarter, topping 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 business had revenue of $4.50 billion for the quarter, compared to the consensus estimate of $4.35 billion. During the same quarter in the prior year, the business posted $0.58 earnings per share. The firm’s quarterly revenue 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. On average, equities research analysts expect that Keurig Dr Pepper, Inc will post 1.92 earnings per share for the current fiscal year.

Keurig Dr Pepper Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 27th will be given 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 3.5%. Keurig Dr Pepper’s dividend payout ratio (DPR) is presently 60.13%.

Wall Street Analysts Forecast Growth

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