Keurig Dr Pepper (NASDAQ:KDP – Free Report) had its price objective hoisted by UBS Group from $39.00 to $42.00 in a research report report published on Wednesday,Benzinga reports. They currently have a buy rating on the stock.
KDP has been the topic of several other reports. HSBC raised Keurig Dr Pepper from a “hold” rating to a “buy” rating and boosted their price target for the company from $37.00 to $40.00 in a research note on Thursday, August 13th. Morgan Stanley raised their price objective on shares of Keurig Dr Pepper from $38.00 to $40.00 and gave the stock an “overweight” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Keurig Dr Pepper from $30.00 to $32.00 and gave the company a “hold” rating in a research note on Friday, August 7th. Evercore boosted their target price on shares of Keurig Dr Pepper from $30.00 to $32.00 in a research report on Thursday, October 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Keurig Dr Pepper in a research report on Friday, August 7th. Ten research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Keurig Dr Pepper has an average rating of “Moderate Buy” and an average price target of $37.29.
Check Out Our Latest Analysis on KDP
Keurig Dr Pepper Trading Down 0.7%
Keurig Dr Pepper stock traded down $0.26 during trading hours on Wednesday, reaching $36.63. 15,802,005 shares of the company’s stock were exchanged, compared to its average volume of 15,076,574. The company has a quick ratio of 0.28, a current ratio of 0.48 and a debt-to-equity ratio of 0.74. The firm’s 50 day simple moving average is $32.87 and its 200 day simple moving average is $30.20. Keurig Dr Pepper has a twelve month low of $24.88 and a twelve month high of $37.88. The firm has a market capitalization of $49.85 billion, a PE ratio of 33.61, a PEG ratio of 1.75 and a beta of 0.35.
Keurig Dr Pepper (NASDAQ:KDP – Get Free Report) last posted its quarterly earnings data on Tuesday, November 3rd. The company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.04. The firm had revenue of $7.34 billion during the quarter, compared to analyst estimates of $7.33 billion. Keurig Dr Pepper had a return on equity of 10.80% and a net margin of 7.10%. The business’s quarterly revenue was up 70.6% on a year-over-year basis. During the same period last year, the company posted $0.54 EPS. Research analysts predict that Keurig Dr Pepper will post 2.31 earnings per share for the current year.
Keurig Dr Pepper Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Monday, September 28th were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Monday, September 28th. Keurig Dr Pepper’s payout ratio is 84.40%.
Insider Buying and Selling at Keurig Dr Pepper
In other Keurig Dr Pepper news, Director Aaron Alt acquired 7,862 shares of the stock in a transaction on Tuesday, August 25th. The shares were purchased at an average price of $31.83 per share, for a total transaction of $250,247.46. Following the completion of the acquisition, the director owned 7,862 shares in the company, valued at approximately $250,247.46. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Angela Stephens sold 9,500 shares of the firm’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $32.70, for a total transaction of $310,650.00. Following the completion of the transaction, the vice president directly owned 55,786 shares in the company, valued at $1,824,202.20. This trade represents a 14.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.34% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Keurig Dr Pepper
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Aberdeen Group plc lifted its holdings in shares of Keurig Dr Pepper by 2.2% in the third quarter. Aberdeen Group plc now owns 1,948,702 shares of the company’s stock valued at $59,124,000 after purchasing an additional 41,873 shares in the last quarter. Allworth Financial LP lifted its stake in Keurig Dr Pepper by 8.6% during the 3rd quarter. Allworth Financial LP now owns 16,260 shares of the company’s stock valued at $532,000 after acquiring an additional 1,292 shares in the last quarter. Fisher Asset Management LLC purchased a new position in Keurig Dr Pepper during the 3rd quarter worth $253,000. Russell Investments Group Ltd. boosted its holdings in Keurig Dr Pepper by 1.5% during the 3rd quarter. Russell Investments Group Ltd. now owns 706,404 shares of the company’s stock worth $21,526,000 after acquiring an additional 10,592 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. grew its stake in shares of Keurig Dr Pepper by 39.5% in the 3rd quarter. Eurizon Capital SGR S.p.A. now owns 1,160,175 shares of the company’s stock worth $35,207,000 after acquiring an additional 328,502 shares in the last quarter. Institutional investors and hedge funds own 93.99% of the company’s stock.
Trending Headlines about Keurig Dr Pepper
Here are the key news stories impacting Keurig Dr Pepper this week:
- Positive Sentiment: Ghost Energy has become KDP’s fourth brand with more than $1 billion in annual sales, reinforcing the scale of its energy-drink business and adding to its growth story. Ghost Energy becomes Keurig Dr Pepper’s fourth $1 billion brand
- Positive Sentiment: Analyst actions provide additional support: Barclays raised its target to $41 and kept an overweight rating, while UBS raised its target to $42 and maintained a buy rating. Higher targets suggest analysts see further potential in the shares. Barclays price target UBS price target
- Neutral Sentiment: KDP’s planned 2027 split could help investors value its beverage and coffee businesses separately. However, recent results point to a mixed outlook: beverage and energy growth contrasts with weaker coffee demand, leaving open whether the separation will create value. Keurig Dr Pepper’s Beverage Growth Raises a Tough Question About Its Coffee Split Analysts weigh split plans
- Neutral Sentiment: A comparison of beverage companies’ dividend prospects raises questions about payout resilience and financial cushions, but the supplied headline does not specify a KDP-specific conclusion. Dividend comparison of Coca-Cola, PepsiCo and Keurig Dr Pepper
Keurig Dr Pepper Company Profile
Keurig Dr Pepper Inc (NASDAQ: KDP) is a beverage company that operates across coffee and packaged beverages. Its portfolio includes soft drinks, flavored waters, juices, juice drinks, ready-to-drink teas and coffees, sports and energy beverages, and mixers, as well as single-serve coffee brewing systems and pods.
The company’s brands include Keurig, Green Mountain Coffee Roasters, The Original Donut Shop, Dr Pepper, Canada Dry, Snapple, 7UP, A&W, Mott’s, Bai, CORE Hydration and Venom, among others.
See Also
- Five stocks we like better than Keurig Dr Pepper
- Dutch Bros Gave Wall Street What It Wanted, So Why Did the Stock Crater?
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
Receive News & Ratings for Keurig Dr Pepper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keurig Dr Pepper and related companies with MarketBeat.com's FREE daily email newsletter.
