Cantor Fitzgerald L. P. Invests $562,000 in Keurig Dr Pepper, Inc $KDP

Cantor Fitzgerald L. P. purchased a new stake in shares of Keurig Dr Pepper, Inc (NASDAQ:KDP) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 22,039 shares of the company’s stock, valued at approximately $562,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. AlphaCore Capital LLC purchased a new stake in Keurig Dr Pepper in the 2nd quarter worth approximately $26,000. Root Financial Partners LLC purchased a new position in shares of Keurig Dr Pepper during the third quarter valued at approximately $26,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in shares of Keurig Dr Pepper by 102,300.0% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,024 shares of the company’s stock valued at $34,000 after acquiring an additional 1,023 shares in the last quarter. Clearstead Trust LLC lifted its stake in Keurig Dr Pepper by 98.3% in the third quarter. Clearstead Trust LLC now owns 1,081 shares of the company’s stock worth $28,000 after acquiring an additional 536 shares during the period. Finally, SBI Securities Co. Ltd. lifted its stake in Keurig Dr Pepper by 71.7% in the third quarter. SBI Securities Co. Ltd. now owns 1,159 shares of the company’s stock worth $30,000 after acquiring an additional 484 shares during the period. Institutional investors own 93.99% of the company’s stock.

Keurig Dr Pepper Stock Performance

Shares of KDP stock opened at $27.41 on Monday. Keurig Dr Pepper, Inc has a 12 month low of $25.03 and a 12 month high of $36.12. The stock has a market cap of $37.24 billion, a PE ratio of 17.92, a price-to-earnings-growth ratio of 1.42 and a beta of 0.33. 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’s fifty day moving average price is $28.38 and its 200-day moving average price is $27.78.

Keurig Dr Pepper (NASDAQ:KDP) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $0.60 earnings per share (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 company had revenue of $4.50 billion during the quarter, compared to analyst estimates of $4.35 billion. During the same period last year, the business earned $0.58 EPS. Keurig Dr Pepper’s quarterly revenue was up 10.6% compared to the same quarter last year. Keurig Dr Pepper has set its FY 2026 guidance at 2.130-2.170 EPS. On average, equities analysts expect that Keurig Dr Pepper, Inc will post 1.92 EPS for the current fiscal year.

Keurig Dr Pepper Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Friday, March 27th will be paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Friday, March 27th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.4%. Keurig Dr Pepper’s dividend payout ratio (DPR) is currently 60.13%.

Analysts Set New Price Targets

KDP has been the topic of a number of research analyst reports. Piper Sandler boosted their price objective on shares of Keurig Dr Pepper from $35.00 to $38.00 and gave the company an “overweight” rating in a research report on Monday, December 15th. Jefferies Financial Group lowered shares of Keurig Dr Pepper from a “buy” rating to a “hold” rating and cut their target price for the company from $39.00 to $32.00 in a research note on Tuesday, December 16th. Barclays boosted their price target on shares of 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. Wells Fargo & Company increased their price target on shares of Keurig Dr Pepper from $35.00 to $40.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Keurig Dr Pepper in a report on Wednesday, January 28th. Ten research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Keurig Dr Pepper currently has an average rating of “Moderate Buy” and a consensus price target of $35.40.

Keurig Dr Pepper 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.