OFI Invest Asset Management Trims Stake in Keurig Dr Pepper, Inc $KDP

OFI Invest Asset Management reduced its holdings in shares of Keurig Dr Pepper, Inc (NASDAQ:KDP) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,303,612 shares of the company’s stock after selling 24,628 shares during the period. OFI Invest Asset Management owned about 0.10% of Keurig Dr Pepper worth $36,514,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. AustralianSuper Pty Ltd purchased a new stake in Keurig Dr Pepper during the third quarter valued at approximately $1,217,000. Bank of New York Mellon Corp increased its stake in shares of Keurig Dr Pepper by 2.9% in the third quarter. Bank of New York Mellon Corp now owns 7,927,144 shares of the company’s stock worth $202,221,000 after purchasing an additional 223,160 shares in the last quarter. Candriam S.C.A. increased its stake in shares of Keurig Dr Pepper by 50.9% in the third quarter. Candriam S.C.A. now owns 377,667 shares of the company’s stock worth $9,634,000 after purchasing an additional 127,389 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of Keurig Dr Pepper by 69.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 105,015 shares of the company’s stock worth $2,660,000 after purchasing an additional 43,223 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co increased its stake in shares of Keurig Dr Pepper by 83.7% in the third quarter. Elo Mutual Pension Insurance Co now owns 204,935 shares of the company’s stock worth $5,228,000 after purchasing an additional 93,374 shares in the last quarter. 93.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

KDP has been the subject of a number of analyst reports. Barclays increased their price objective 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. Wells Fargo & Company reduced their price objective on shares of Keurig Dr Pepper from $40.00 to $37.00 and set an “overweight” rating for the company in a research note on Wednesday. Jefferies Financial Group cut shares of Keurig Dr Pepper from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $39.00 to $32.00 in a research note on Tuesday, December 16th. Evercore raised shares of Keurig Dr Pepper to a “hold” rating in a research note on Monday. Finally, Piper Sandler increased their price objective 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. Eight investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $33.86.

Keurig Dr Pepper News Summary

Here are the key news stories impacting Keurig Dr Pepper this week:

• Positive Sentiment: KDP completed a major purchase of JDE Peet’s (acquiring roughly 96.22%), expanding its coffee portfolio and global scale — a deal that can materially boost revenue diversification and long-term growth expectations. Keurig Dr Pepper acquires JDE Peet’s
• Positive Sentiment: Zacks published a piece labeling KDP a strong value stock, which can attract value-oriented and income investors given KDP’s steady margins and guidance. Here’s Why Keurig Dr Pepper, Inc (KDP) is a Strong Value Stock
• Neutral Sentiment: Wells Fargo lowered its price target from $40 to $37 but kept an “overweight” rating, signaling continued conviction in upside while trimming optimism on timing or execution risk. Benzinga
• Neutral Sentiment: UBS trimmed its price target from $36 to $32 but maintained a “buy” rating — another signal of reduced near-term expectations despite a positive stance. Benzinga / TickerReport
• Neutral Sentiment: Evercore upgraded KDP to “hold” (from a lower stance), which is a modest improvement in sentiment but not a strong buy signal. Zacks.com
• Neutral Sentiment: MarketWatch noted KDP rose intraday but still underperformed the broader market, reflecting mixed investor reaction — positive on the acquisition news but tempered by analyst PT cuts and valuation concerns. Keurig Dr Pepper Inc. stock rises Wednesday, still underperforms market

Keurig Dr Pepper Stock Performance

KDP opened at $25.84 on Thursday. The stock has a market capitalization of $35.11 billion, a price-to-earnings ratio of 16.89, a PEG ratio of 1.28 and a beta of 0.35. The company has a fifty day moving average of $27.92 and a 200 day moving average of $27.57. Keurig Dr Pepper, Inc has a fifty-two week low of $24.88 and a fifty-two week high of $35.94. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.43 and a current ratio of 0.64.

Keurig Dr Pepper (NASDAQ:KDP) last posted its earnings results on Tuesday, February 24th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.01. The company had revenue of $4.50 billion during the quarter, compared to analysts’ expectations of $4.35 billion. Keurig Dr Pepper had a net margin of 12.52% and a return on equity of 11.14%. Keurig Dr Pepper’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period last year, the company posted $0.58 earnings per share. Keurig Dr Pepper has set its FY 2026 guidance at 2.130-2.170 EPS. As a group, sell-side analysts forecast 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 announced a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 27th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Friday, March 27th. Keurig Dr Pepper’s dividend payout ratio (DPR) is presently 60.13%.

Keurig Dr Pepper Company 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.