Mizuho Markets Cayman LP Has $29,000 Position in Keurig Dr Pepper, Inc $KDP

Mizuho Markets Cayman LP decreased its position in shares of Keurig Dr Pepper, Inc (NASDAQ:KDP) by 99.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,134 shares of the company’s stock after selling 200,366 shares during the quarter. Mizuho Markets Cayman LP’s holdings in Keurig Dr Pepper were worth $29,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. NewEdge Advisors LLC raised its position in shares of Keurig Dr Pepper by 30.6% during the first quarter. NewEdge Advisors LLC now owns 15,488 shares of the company’s stock worth $530,000 after acquiring an additional 3,627 shares during the last quarter. Empowered Funds LLC boosted its holdings in Keurig Dr Pepper by 248.0% in the first quarter. Empowered Funds LLC now owns 69,801 shares of the company’s stock valued at $2,389,000 after acquiring an additional 49,741 shares during the last quarter. Woodline Partners LP boosted its holdings in Keurig Dr Pepper by 49.2% in the first quarter. Woodline Partners LP now owns 100,870 shares of the company’s stock valued at $3,452,000 after acquiring an additional 33,258 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in Keurig Dr Pepper in the second quarter worth about $328,000. Finally, Banco Bilbao Vizcaya Argentaria S.A. increased its position in Keurig Dr Pepper by 1.6% in the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 28,890 shares of the company’s stock worth $955,000 after purchasing an additional 444 shares during the period. Institutional investors and hedge funds own 93.99% of the company’s stock.

Keurig Dr Pepper Price Performance

Keurig Dr Pepper stock opened at $27.57 on Wednesday. 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 firm has a market capitalization of $37.46 billion, a P/E ratio of 18.02, a PEG ratio of 1.43 and a beta of 0.33. The business has a 50-day moving average of $28.39 and a 200-day moving average of $27.76. 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 announced its quarterly earnings results 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 net margin of 12.52% and a return on equity of 11.14%. The business had revenue of $4.50 billion for the quarter, compared to the consensus estimate of $4.35 billion. During the same period last year, the company posted $0.58 EPS. Keurig Dr Pepper’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. On average, equities analysts anticipate that Keurig Dr Pepper, Inc will post 1.92 EPS for the current year.

Keurig Dr Pepper Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Friday, March 27th will be issued a $0.23 dividend. The ex-dividend date is Friday, March 27th. This represents a $0.92 annualized dividend and a yield of 3.3%. Keurig Dr Pepper’s dividend payout ratio (DPR) is 60.13%.

Wall Street Analyst Weigh In

KDP has been the subject of several recent research reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Keurig Dr Pepper in a report on Wednesday, January 28th. Jefferies Financial Group cut shares of Keurig Dr Pepper from a “buy” rating to a “hold” rating and lowered their price target for the stock from $39.00 to $32.00 in a research report on Tuesday, December 16th. Piper Sandler boosted their price target on shares of Keurig Dr Pepper from $35.00 to $38.00 and gave the stock an “overweight” rating in a research note on Monday, December 15th. UBS Group restated a “buy” rating and issued a $36.00 price objective on shares of Keurig Dr Pepper in a report on Thursday, February 26th. Finally, Barclays raised their price objective on shares of Keurig Dr Pepper from $30.00 to $32.00 and gave the company an “equal weight” rating in a research note on Thursday, February 26th. Ten investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Keurig Dr Pepper currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.40.

About Keurig Dr Pepper

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.