Keurig Dr Pepper (NASDAQ:KDP) Upgraded at Evercore

Evercore upgraded shares of Keurig Dr Pepper (NASDAQ:KDP) to a hold rating in a research note published on Monday morning,Zacks.com reports.

KDP has been the topic of a number of other research reports. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Keurig Dr Pepper from $34.00 to $28.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Barclays upped their target price on shares of Keurig Dr Pepper from $30.00 to $32.00 and gave the company an “equal weight” rating in a research note on Thursday, February 26th. Piper Sandler upped their target price on shares of Keurig Dr Pepper from $35.00 to $38.00 and gave the company an “overweight” rating in a research note on Monday, December 15th. UBS Group lowered their target price on shares of Keurig Dr Pepper from $36.00 to $32.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Keurig Dr Pepper in a research note on Wednesday, January 28th. Eight research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $33.86.

Keurig Dr Pepper Stock Performance

NASDAQ:KDP opened at $25.84 on Monday. The firm’s 50-day moving average is $27.92 and its 200-day moving average is $27.57. Keurig Dr Pepper has a 52-week low of $24.88 and a 52-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. The company has a market cap of $35.11 billion, a price-to-earnings ratio of 16.89, a PEG ratio of 1.28 and a beta of 0.35.

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 analysts’ consensus estimates of $0.59 by $0.01. The business had revenue of $4.50 billion for 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%. The firm’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.58 earnings per share. Keurig Dr Pepper has set its FY 2026 guidance at 2.130-2.170 EPS. Equities research analysts anticipate that Keurig Dr Pepper will post 1.92 earnings per share for the current year.

Keurig Dr Pepper Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Friday, March 27th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Friday, March 27th. Keurig Dr Pepper’s dividend payout ratio is presently 60.13%.

Hedge Funds Weigh In On Keurig Dr Pepper

A number of large investors have recently modified their holdings of KDP. T. Rowe Price Investment Management Inc. acquired a new position in shares of Keurig Dr Pepper during the fourth quarter worth approximately $727,667,000. Norges Bank acquired a new position in shares of Keurig Dr Pepper during the fourth quarter worth approximately $568,361,000. Capital International Investors lifted its position in shares of Keurig Dr Pepper by 1,987.4% during the fourth quarter. Capital International Investors now owns 16,858,031 shares of the company’s stock worth $472,193,000 after purchasing an additional 16,050,437 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of Keurig Dr Pepper by 37.0% during the fourth quarter. Wellington Management Group LLP now owns 57,003,344 shares of the company’s stock worth $1,596,664,000 after purchasing an additional 15,393,753 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in Keurig Dr Pepper by 285.3% in the fourth quarter. AQR Capital Management LLC now owns 11,636,027 shares of the company’s stock valued at $325,925,000 after buying an additional 8,615,869 shares during the period. 93.99% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Keurig Dr Pepper

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 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.