Chapman Financial Group LLC Invests $487,000 in Keurig Dr Pepper, Inc $KDP

Chapman Financial Group LLC purchased a new position in shares of Keurig Dr Pepper, Inc (NASDAQ:KDP) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 19,106 shares of the company’s stock, valued at approximately $487,000.

A number of other hedge funds have also bought and sold shares of the company. NewSquare Capital LLC increased its holdings in Keurig Dr Pepper by 94.1% in the second quarter. NewSquare Capital LLC now owns 796 shares of the company’s stock valued at $26,000 after buying an additional 386 shares during the last quarter. AlphaCore Capital LLC bought a new position in Keurig Dr Pepper during the 2nd quarter worth approximately $26,000. Root Financial Partners LLC acquired a new position in shares of Keurig Dr Pepper in the 3rd quarter worth approximately $26,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position 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 worth $34,000 after acquiring an additional 1,023 shares in the last quarter. Finally, Clearstead Trust LLC increased its holdings in shares of Keurig Dr Pepper by 98.3% in the 3rd quarter. Clearstead Trust LLC now owns 1,081 shares of the company’s stock valued at $28,000 after acquiring an additional 536 shares during the last quarter. 93.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, VP Angela A. Stephens sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $29.52, for a total value of $295,200.00. Following the sale, the vice president directly owned 54,200 shares in the company, valued at $1,599,984. This trade represents a 15.58% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.40% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

KDP has been the topic of several research reports. UBS Group reissued a “buy” rating and set a $36.00 price target on shares of Keurig Dr Pepper in a research report on Thursday, February 26th. Wells Fargo & Company boosted their target price 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 cut 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 report on Tuesday, December 16th. Weiss Ratings restated a “hold (c-)” rating on shares of Keurig Dr Pepper in a research report on Wednesday, January 28th. Finally, Piper Sandler lifted their price target on shares of Keurig Dr Pepper from $35.00 to $38.00 and gave the company an “overweight” rating in a report on Monday, December 15th. Ten investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Keurig Dr Pepper has an average rating of “Moderate Buy” and a consensus price target of $35.40.

Keurig Dr Pepper Trading Up 0.7%

Shares of NASDAQ:KDP opened at $28.25 on Friday. The company has a quick ratio of 0.43, a current ratio of 0.64 and a debt-to-equity ratio of 0.51. The company’s 50-day moving average price is $28.41 and its 200 day moving average price is $28.04. The company has a market cap of $38.38 billion, a PE ratio of 18.46, a P/E/G ratio of 1.51 and a beta of 0.33. Keurig Dr Pepper, Inc has a fifty-two week low of $25.03 and a fifty-two week high of $36.12.

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

Keurig Dr Pepper Announces Dividend

The firm also recently disclosed 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. This represents a $0.92 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Friday, March 27th. Keurig Dr Pepper’s dividend payout ratio is 60.13%.

About Keurig Dr Pepper

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.