Keurig Dr Pepper, Inc $KDP Shares Sold by Bahl & Gaynor Inc.

Bahl & Gaynor Inc. decreased its position in shares of Keurig Dr Pepper, Inc (NASDAQ:KDP) by 13.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,675,271 shares of the company’s stock after selling 549,198 shares during the period. Bahl & Gaynor Inc. owned about 0.27% of Keurig Dr Pepper worth $93,756,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in KDP. Asset Dedication LLC grew its stake in shares of Keurig Dr Pepper by 3.8% during the second quarter. Asset Dedication LLC now owns 7,922 shares of the company’s stock valued at $262,000 after acquiring an additional 288 shares in the last quarter. Auxier Asset Management boosted its holdings in Keurig Dr Pepper by 0.4% in the second quarter. Auxier Asset Management now owns 72,163 shares of the company’s stock valued at $2,386,000 after purchasing an additional 318 shares during the last quarter. NewSquare Capital LLC grew its stake in Keurig Dr Pepper by 94.1% during the 2nd quarter. NewSquare Capital LLC now owns 796 shares of the company’s stock valued at $26,000 after purchasing an additional 386 shares in the last quarter. Zions Bancorporation National Association UT grew its stake in Keurig Dr Pepper by 1.7% during the 2nd quarter. Zions Bancorporation National Association UT now owns 23,971 shares of the company’s stock valued at $792,000 after purchasing an additional 400 shares in the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in Keurig Dr Pepper by 1.6% during the 2nd 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 last quarter. Institutional investors and hedge funds own 93.99% of the company’s stock.

Keurig Dr Pepper Stock Down 0.2%

Shares of NASDAQ:KDP opened at $30.28 on Monday. The company’s fifty day moving average is $28.33 and its two-hundred day moving average is $28.15. 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, Inc has a 1-year low of $25.03 and a 1-year high of $36.12. The stock has a market capitalization of $41.14 billion, a price-to-earnings ratio of 19.79, a price-to-earnings-growth ratio of 1.63 and a beta of 0.33.

Keurig Dr Pepper (NASDAQ:KDP) last posted its quarterly earnings results on Tuesday, February 24th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.59 by $0.01. The business had revenue of $4.50 billion during the quarter, compared to analyst estimates of $4.35 billion. Keurig Dr Pepper had a net margin of 12.52% and a return on equity of 11.14%. The company’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.58 EPS. Keurig Dr Pepper has set its FY 2026 guidance at 2.130-2.170 EPS. Equities analysts anticipate that Keurig Dr Pepper, Inc will post 1.92 EPS for the current year.

Keurig Dr Pepper Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 27th will be issued a $0.23 dividend. The ex-dividend date of this dividend is Friday, March 27th. This represents a $0.92 annualized dividend and a dividend yield of 3.0%. Keurig Dr Pepper’s dividend payout ratio (DPR) is 60.13%.

Insider Transactions at Keurig Dr Pepper

In related news, VP Angela A. Stephens sold 10,000 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $29.52, for a total transaction of $295,200.00. Following the completion of the transaction, the vice president directly owned 54,200 shares in the company, valued at $1,599,984. This represents a 15.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Barclays increased their target price on Keurig Dr Pepper from $30.00 to $32.00 and gave the company an “equal weight” rating in a research note on Thursday. Wells Fargo & Company increased their price objective on shares of Keurig Dr Pepper from $35.00 to $40.00 and gave the company an “overweight” rating in a research note on Wednesday, February 25th. Jefferies Financial Group downgraded shares of Keurig Dr Pepper from a “buy” rating to a “hold” rating and dropped their target price for the stock from $39.00 to $32.00 in a research report on Tuesday, December 16th. UBS Group reaffirmed a “buy” rating and set a $36.00 price target on shares of Keurig Dr Pepper in a research report on Thursday. Finally, Piper Sandler lifted their price target on Keurig Dr Pepper from $35.00 to $38.00 and gave the stock an “overweight” rating in a research note on Monday, December 15th. Ten equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Keurig Dr Pepper presently has a consensus rating of “Moderate Buy” and an average price target of $35.40.

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.