Keurig Dr Pepper (NASDAQ:KDP) Price Target Lowered to $28.00 at Deutsche Bank Aktiengesellschaft

Keurig Dr Pepper (NASDAQ:KDP) had its price target decreased by Deutsche Bank Aktiengesellschaft from $34.00 to $28.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 5.12% from the stock’s current price.

Several other analysts have also recently weighed in on KDP. Weiss Ratings reiterated a “hold (c-)” rating on shares of Keurig Dr Pepper in a report on Wednesday, January 28th. Piper Sandler raised their target price on shares of Keurig Dr Pepper from $35.00 to $38.00 and gave the stock an “overweight” rating in a research report on Monday, December 15th. UBS Group reaffirmed a “buy” rating and set a $36.00 target price on shares of Keurig Dr Pepper in a research note on Thursday, February 26th. Jefferies Financial Group lowered Keurig Dr Pepper from a “buy” rating to a “hold” rating and decreased their target price for the stock from $39.00 to $32.00 in a research report on Tuesday, December 16th. Finally, Barclays increased their price target on shares of Keurig Dr Pepper from $30.00 to $32.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 26th. Nine equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $34.73.

Keurig Dr Pepper Trading Up 1.5%

KDP traded up $0.41 during midday trading on Monday, reaching $26.64. 3,460,951 shares of the company’s stock traded hands, compared to its average volume of 10,544,266. Keurig Dr Pepper has a 52 week low of $25.03 and a 52 week high of $36.12. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.64 and a quick ratio of 0.43. The firm has a fifty day moving average of $28.21 and a two-hundred day moving average of $27.65. The stock has a market capitalization of $36.19 billion, a price-to-earnings ratio of 17.42, a P/E/G ratio of 1.36 and a beta of 0.33.

Keurig Dr Pepper (NASDAQ:KDP) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $0.60 earnings per share 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 firm had revenue of $4.50 billion for the quarter, compared to analyst estimates of $4.35 billion. During the same period last year, the company earned $0.58 EPS. The business’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 analysts anticipate that Keurig Dr Pepper will post 1.92 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KDP. NewEdge Advisors LLC grew its holdings in Keurig Dr Pepper by 30.6% during the 1st quarter. NewEdge Advisors LLC now owns 15,488 shares of the company’s stock valued at $530,000 after buying an additional 3,627 shares in the last quarter. Empowered Funds LLC lifted its stake in Keurig Dr Pepper by 248.0% in 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 in the last quarter. Woodline Partners LP lifted its stake in Keurig Dr Pepper by 49.2% in 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 in the last quarter. Sivia Capital Partners LLC bought a new position in shares of Keurig Dr Pepper during the 2nd quarter valued at about $328,000. Finally, American Century Companies Inc. grew its position in shares of Keurig Dr Pepper by 25.2% during the second quarter. American Century Companies Inc. now owns 134,254 shares of the company’s stock valued at $4,438,000 after purchasing an additional 27,018 shares in the last quarter. Institutional investors own 93.99% of the company’s stock.

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.