iSAM Funds UK Ltd Makes New $864,000 Investment in Keurig Dr Pepper, Inc $KDP

iSAM Funds UK Ltd bought a new stake in Keurig Dr Pepper, Inc (NASDAQ:KDP) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 26,400 shares of the company’s stock, valued at approximately $864,000.

Several other hedge funds and other institutional investors also recently modified their holdings of KDP. Meeder Asset Management Inc. boosted its stake in Keurig Dr Pepper by 358.0% in the first quarter. Meeder Asset Management Inc. now owns 971 shares of the company’s stock valued at $26,000 after buying an additional 759 shares in the last quarter. Washington Trust Advisors Inc. bought a new position in shares of Keurig Dr Pepper in the fourth quarter worth about $31,000. Rossby Financial LCC lifted its holdings in shares of Keurig Dr Pepper by 45.1% in the fourth quarter. Rossby Financial LCC now owns 1,090 shares of the company’s stock worth $31,000 after acquiring an additional 339 shares during the last quarter. GW&K Investment Management LLC boosted its stake in shares of Keurig Dr Pepper by 67.6% in the 4th quarter. GW&K Investment Management LLC now owns 1,118 shares of the company’s stock valued at $31,000 after purchasing an additional 451 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake 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 in the last quarter. Institutional investors own 93.99% of the company’s stock.

Wall Street Analysts Forecast Growth

KDP has been the subject of a number of research analyst reports. Citigroup upped their price objective on shares of Keurig Dr Pepper from $32.00 to $37.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Sanford C. Bernstein set a $39.00 target price on shares of Keurig Dr Pepper in a research report on Wednesday, July 8th. Barclays boosted their target price on shares of Keurig Dr Pepper from $36.00 to $38.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. HSBC upgraded shares of Keurig Dr Pepper from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a report on Thursday, August 13th. Finally, Morgan Stanley began coverage on Keurig Dr Pepper in a research note on Thursday, August 20th. They issued an “overweight” rating and a $38.00 price target for the company. Eleven equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.94.

Keurig Dr Pepper Stock Performance

Keurig Dr Pepper stock opened at $32.59 on Thursday. The business has a 50 day moving average of $31.30 and a 200-day moving average of $29.56. Keurig Dr Pepper, Inc has a 1 year low of $24.88 and a 1 year high of $33.82. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.48 and a quick ratio of 0.28. The company has a market capitalization of $44.35 billion, a P/E ratio of 32.92, a P/E/G ratio of 1.51 and a beta of 0.40.

Keurig Dr Pepper (NASDAQ:KDP) last posted its earnings results on Thursday, August 6th. The company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.54 by $0.03. Keurig Dr Pepper had a net margin of 7.10% and a return on equity of 10.80%. The business had revenue of $7.31 billion for the quarter, compared to the consensus estimate of $7.23 billion. During the same period last year, the company earned $0.49 EPS. The firm’s revenue was up 75.6% compared to the same quarter last year. On average, equities research analysts predict that Keurig Dr Pepper, Inc will post 2.3 earnings per share for the current year.

Insider Activity

In other Keurig Dr Pepper news, Director Aaron E. Alt purchased 7,862 shares of the company’s stock in a transaction dated Tuesday, August 25th. The stock was purchased at an average price of $31.83 per share, with a total value of $250,247.46. Following the completion of the purchase, the director owned 7,862 shares of the company’s stock, valued at approximately $250,247.46. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 0.34% of the company’s stock.

More Keurig Dr Pepper News

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

• Positive Sentiment: KDP will sell its minority stake in Chobani and a Pennsylvania manufacturing facility to Chobani for $925 million in pre-tax proceeds. Management said the cash will support deleveraging, which could improve balance-sheet flexibility following the JDE Peet’s acquisition. Reuters article
• Positive Sentiment: The transaction removes a non-core investment and manufacturing asset, helping KDP sharpen its focus on beverages while preserving and expanding its long-term commercial relationship with Chobani. Chobani plans to invest approximately $1.2 billion in a Pennsylvania manufacturing campus, potentially strengthening the partnership and securing future production capacity. KDP press release
• Positive Sentiment: The latest coverage characterizes the Chobani exit as favorable for KDP because it provides immediate liquidity, supports debt reduction and may make the planned business split easier to execute. MSN article
• Neutral Sentiment: Analysts maintain an average “Moderate Buy” recommendation, indicating generally constructive sentiment but not an overwhelming consensus. KDP’s most recent reported quarter also exceeded estimates, with adjusted earnings of $0.57 per share versus $0.54 expected and revenue of $7.31 billion versus $7.23 billion. Analyst recommendation article

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.