Keurig Dr Pepper (NASDAQ:KDP) Trading Up 7.4% Following Better-Than-Expected Earnings

Keurig Dr Pepper, Inc (NASDAQ:KDP) was up 7.4% during mid-day trading on Thursday after the company announced better than expected quarterly earnings. The stock traded as high as $28.18 and last traded at $28.4940. Approximately 2,920,311 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 10,632,650 shares. The stock had previously closed at $26.54.

The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. Keurig Dr Pepper had a return on equity of 11.14% and a net margin of 12.52%.The company had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $7.23 billion. During the same period last year, the business posted $0.42 earnings per share. The firm’s revenue was up 9.4% compared to the same quarter last year.

Keurig Dr Pepper Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Friday, March 27th were paid a $0.23 dividend. The ex-dividend date was Friday, March 27th. This represents a $0.92 dividend on an annualized basis and a yield of 3.2%. Keurig Dr Pepper’s dividend payout ratio (DPR) is 60.13%.

Trending Headlines about Keurig Dr Pepper

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

• Positive Sentiment: KDP beat Q1 estimates on both EPS and revenue, with EPS of $0.39 topping consensus and sales lifted by strong cold/beverage demand — a core reason investors pushed the stock higher. Reuters: Keurig Dr Pepper beats estimates
• Positive Sentiment: U.S. Refreshment Beverages grew ~11.9% year‑over‑year, driving top‑line momentum and offsetting coffee segment weakness. Zacks: Q1 Earnings & Sales Top
• Positive Sentiment: KDP reaffirmed its 2026 adjusted EPS and constant‑currency net sales outlook and provided revenue guidance roughly in the $25.9–$26.4B range, removing some near‑term uncertainty. PR Newswire: Q1 Results & Reaffirms Guidance
• Positive Sentiment: KDP completed the acquisition of JDE Peet’s on April 1, expanding its coffee scale and international footprint — a strategic catalyst flagged by investors and analysts. Seeking Alpha: Beverage Portfolio & JDE Peet’s
• Neutral Sentiment: Analyst commentary includes bullish DCF/upgrade views (SA argues ~46% upside) and some Wall Street revisions ahead of/after the print; these help sentiment but vary by firm. Seeking Alpha: Rating Upgrade
• Neutral Sentiment: Unusual options activity showed elevated call buying ahead of the print — a short‑term technical signal of bullish positioning but not a fundamentals shift. Benzinga: Options Activity / Analyst Notes
• Negative Sentiment: Coffee sales remained weak year‑over‑year and overall profit was pressured by higher costs — factors that cap margin upside near term. WSJ: Sales Rise, Profit Pressure
• Negative Sentiment: Analysts and media flagged leverage/debt concerns following the JDE Peet’s deal — elevated leverage is a watch item that could limit multiple expansion. Investing.com: Leverage Concerns

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on KDP shares. JPMorgan Chase & Co. decreased their price target on Keurig Dr Pepper from $36.00 to $32.00 and set an “overweight” rating for the company in a research note on Thursday, April 16th. Citigroup cut their price objective on Keurig Dr Pepper from $37.00 to $32.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. BNP Paribas Exane raised Keurig Dr Pepper from an “underperform” rating to a “neutral” rating and set a $28.00 price objective on the stock in a report on Wednesday. Deutsche Bank Aktiengesellschaft cut their price objective on Keurig Dr Pepper from $34.00 to $28.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Finally, UBS Group cut their price objective on Keurig Dr Pepper from $36.00 to $32.00 and set a “buy” rating on the stock in a report on Tuesday, April 7th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, Keurig Dr Pepper presently has a consensus rating of “Moderate Buy” and an average target price of $31.31.

Institutional Trading of Keurig Dr Pepper

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Keurig Dr Pepper by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 160,958,816 shares of the company’s stock worth $4,508,456,000 after acquiring an additional 1,538,456 shares during the period. State Street Corp grew its holdings in Keurig Dr Pepper by 1.6% during the third quarter. State Street Corp now owns 64,594,706 shares of the company’s stock worth $1,662,361,000 after acquiring an additional 986,700 shares during the period. Wellington Management Group LLP grew its holdings in 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 acquiring an additional 15,393,753 shares during the period. Geode Capital Management LLC grew its holdings in Keurig Dr Pepper by 3.9% during the fourth quarter. Geode Capital Management LLC now owns 31,802,056 shares of the company’s stock worth $887,021,000 after acquiring an additional 1,187,457 shares during the period. Finally, T. Rowe Price Investment Management Inc. acquired a new stake in Keurig Dr Pepper during the fourth quarter worth about $727,667,000. 93.99% of the stock is owned by institutional investors and hedge funds.

Keurig Dr Pepper Stock Performance

The stock has a market capitalization of $38.76 billion, a price-to-earnings ratio of 18.65, a price-to-earnings-growth ratio of 1.34 and a beta of 0.35. The firm has a fifty day moving average of $27.52 and a 200 day moving average of $27.61. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.64 and a quick ratio of 0.43.

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.