Advisory Research Inc. Increases Stake in Keurig Dr Pepper, Inc $KDP

Advisory Research Inc. raised its holdings in shares of Keurig Dr Pepper, Inc (NASDAQ:KDP) by 14.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 377,730 shares of the company’s stock after buying an additional 46,262 shares during the quarter. Keurig Dr Pepper comprises about 1.3% of Advisory Research Inc.’s portfolio, making the stock its 26th biggest holding. Advisory Research Inc.’s holdings in Keurig Dr Pepper were worth $9,636,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. NewEdge Advisors LLC grew its position in shares of Keurig Dr Pepper by 30.6% in the first quarter. NewEdge Advisors LLC now owns 15,488 shares of the company’s stock valued at $530,000 after purchasing an additional 3,627 shares in the last quarter. Empowered Funds LLC lifted its holdings in Keurig Dr Pepper by 248.0% in the first quarter. Empowered Funds LLC now owns 69,801 shares of the company’s stock valued at $2,389,000 after acquiring an additional 49,741 shares during the last quarter. Woodline Partners LP grew its position in Keurig Dr Pepper by 49.2% in the first quarter. Woodline Partners LP now owns 100,870 shares of the company’s stock worth $3,452,000 after acquiring an additional 33,258 shares during the period. Sivia Capital Partners LLC purchased a new position in Keurig Dr Pepper in the second quarter worth approximately $328,000. Finally, Savant Capital LLC increased its stake in Keurig Dr Pepper by 5.4% during the second quarter. Savant Capital LLC now owns 28,228 shares of the company’s stock worth $933,000 after acquiring an additional 1,437 shares during the last quarter. 93.99% of the stock is currently owned by institutional investors and hedge funds.

Keurig Dr Pepper Stock Performance

Shares of KDP stock opened at $26.93 on Friday. Keurig Dr Pepper, Inc has a 12 month low of $25.03 and a 12 month high of $36.12. The company has a current ratio of 0.64, a quick ratio of 0.43 and a debt-to-equity ratio of 0.51. The company has a market cap of $36.59 billion, a P/E ratio of 17.60, a PEG ratio of 1.49 and a beta of 0.33. The firm has a fifty day moving average price of $28.38 and a 200 day moving average price of $27.83.

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, topping analysts’ consensus estimates of $0.59 by $0.01. Keurig Dr Pepper had a return on equity of 11.14% and a net margin of 12.52%.The company had revenue of $4.50 billion during the quarter, compared to the consensus estimate of $4.35 billion. During the same period in the previous year, the business earned $0.58 EPS. Keurig Dr Pepper’s revenue for the quarter 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 predict that Keurig Dr Pepper, Inc will post 1.92 earnings per share for the current fiscal 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 paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 3.4%. The ex-dividend date is Friday, March 27th. Keurig Dr Pepper’s dividend payout ratio (DPR) is currently 60.13%.

Wall Street Analysts Forecast Growth

KDP has been the topic of several research analyst reports. UBS Group restated a “buy” rating and issued a $36.00 price objective on shares of Keurig Dr Pepper in a report on Thursday, February 26th. Wells Fargo & Company boosted their price target 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. Barclays increased their price objective on shares of Keurig Dr Pepper from $30.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 26th. Jefferies Financial Group downgraded Keurig Dr Pepper from a “buy” rating to a “hold” rating and cut their price objective for the company from $39.00 to $32.00 in a report on Tuesday, December 16th. Finally, Piper Sandler lifted their target price on Keurig Dr Pepper from $35.00 to $38.00 and gave the company an “overweight” rating in a research report on Monday, December 15th. Ten analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $35.40.

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.