Keurig Dr Pepper, Inc (NASDAQ:KDP) Receives Consensus Rating of “Moderate Buy” from Brokerages

Keurig Dr Pepper, Inc (NASDAQ:KDP) has been given a consensus recommendation of “Moderate Buy” by the seventeen brokerages that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have given a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $35.40.

KDP has been the topic of several recent analyst reports. UBS Group reissued a “buy” rating and issued a $36.00 target price on shares of Keurig Dr Pepper in a report on Thursday, February 26th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Keurig Dr Pepper in a report on Wednesday, January 28th. Barclays lifted their price objective on Keurig Dr Pepper from $30.00 to $32.00 and gave the company an “equal weight” rating in a research report on Thursday, February 26th. Jefferies Financial Group cut Keurig Dr Pepper from a “buy” rating to a “hold” rating and decreased their target price for the stock from $39.00 to $32.00 in a report on Tuesday, December 16th. Finally, Piper Sandler raised their target price on Keurig Dr Pepper from $35.00 to $38.00 and gave the company an “overweight” rating in a research note on Monday, December 15th.

Keurig Dr Pepper Stock Down 0.5%

KDP opened at $28.04 on Wednesday. The firm has a market cap of $38.10 billion, a price-to-earnings ratio of 18.33, a PEG ratio of 1.52 and a beta of 0.33. 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 firm’s 50-day simple moving average is $28.41 and its 200-day simple moving average is $27.84. Keurig Dr Pepper has a twelve month low of $25.03 and a twelve month high of $36.12.

Keurig Dr Pepper (NASDAQ:KDP) last announced its quarterly earnings results on Tuesday, February 24th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.01. The firm had revenue of $4.50 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 10.6% on a year-over-year basis. During the same period last year, the firm posted $0.58 EPS. 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 EPS for the current fiscal year.

Keurig Dr Pepper Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Friday, March 27th will be given a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 3.3%. The ex-dividend date is Friday, March 27th. Keurig Dr Pepper’s dividend payout ratio (DPR) is presently 60.13%.

Insider Buying and Selling at Keurig Dr Pepper

In other news, VP Angela A. Stephens sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $29.52, for a total transaction of $295,200.00. Following the transaction, the vice president directly owned 54,200 shares in the company, valued at approximately $1,599,984. This represents a 15.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.00% of the company’s stock.

Institutional Trading of Keurig Dr Pepper

Hedge funds and other institutional investors have recently modified their holdings of the stock. Corient Private Wealth LLC lifted its holdings in Keurig Dr Pepper by 8.9% during the 4th quarter. Corient Private Wealth LLC now owns 129,347 shares of the company’s stock worth $3,624,000 after buying an additional 10,572 shares in the last quarter. Hsbc Holdings PLC increased its stake in shares of Keurig Dr Pepper by 8.3% in the 4th quarter. Hsbc Holdings PLC now owns 3,675,575 shares of the company’s stock valued at $103,120,000 after buying an additional 282,406 shares during the period. Reflection Asset Management acquired a new stake in shares of Keurig Dr Pepper in the 4th quarter valued at $35,000. Tobam raised its position in shares of Keurig Dr Pepper by 21.3% during the fourth quarter. Tobam now owns 194,766 shares of the company’s stock worth $5,455,000 after acquiring an additional 34,177 shares during the last quarter. Finally, Wick Capital Partners LLC acquired a new position in shares of Keurig Dr Pepper during the fourth quarter valued at $220,000. Institutional investors and hedge funds own 93.99% of the company’s stock.

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.