Barclays PLC Has $164.29 Million Holdings in Keurig Dr Pepper, Inc $KDP

Barclays PLC raised its holdings in shares of Keurig Dr Pepper, Inc (NASDAQ:KDP) by 18.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,440,041 shares of the company’s stock after acquiring an additional 999,131 shares during the quarter. Barclays PLC’s holdings in Keurig Dr Pepper were worth $164,285,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. AustralianSuper Pty Ltd bought a new position in Keurig Dr Pepper during the third quarter valued at approximately $1,217,000. Bank of New York Mellon Corp grew its position in Keurig Dr Pepper by 2.9% in the third quarter. Bank of New York Mellon Corp now owns 7,927,144 shares of the company’s stock worth $202,221,000 after acquiring an additional 223,160 shares in the last quarter. Candriam S.C.A. increased its stake in shares of Keurig Dr Pepper by 50.9% during the 3rd quarter. Candriam S.C.A. now owns 377,667 shares of the company’s stock worth $9,634,000 after purchasing an additional 127,389 shares during the last quarter. ProShare Advisors LLC increased its stake in shares of Keurig Dr Pepper by 7.0% during the 2nd quarter. ProShare Advisors LLC now owns 2,134,176 shares of the company’s stock worth $70,556,000 after purchasing an additional 140,012 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of Keurig Dr Pepper by 69.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 105,015 shares of the company’s stock valued at $2,660,000 after purchasing an additional 43,223 shares in the last quarter. Institutional investors and hedge funds own 93.99% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on KDP shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Keurig Dr Pepper in a research note on Wednesday, January 28th. Piper Sandler increased their target price on shares of Keurig Dr Pepper from $35.00 to $38.00 and gave the stock an “overweight” rating in a research report on Monday, December 15th. Barclays raised their target price on Keurig Dr Pepper from $30.00 to $32.00 and gave the company an “equal weight” rating in a report on Thursday, February 26th. Wells Fargo & Company boosted their price target on Keurig Dr Pepper from $35.00 to $40.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 25th. Finally, UBS Group reiterated a “buy” rating and set a $36.00 price target on shares of Keurig Dr Pepper in a research note on Thursday, February 26th. Ten analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $35.40.

Keurig Dr Pepper Price Performance

Shares of Keurig Dr Pepper stock opened at $28.25 on Friday. 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 firm has a fifty day simple moving average of $28.41 and a 200-day simple moving average of $27.99. The stock has a market capitalization of $38.38 billion, a price-to-earnings ratio of 18.46, a PEG ratio of 1.52 and a beta of 0.33. Keurig Dr Pepper, Inc has a 1-year low of $25.03 and a 1-year high of $36.12.

Keurig Dr Pepper (NASDAQ:KDP) last posted its earnings results on Tuesday, February 24th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.01. The business had revenue of $4.50 billion for the quarter, compared to analyst estimates of $4.35 billion. Keurig Dr Pepper had a net margin of 12.52% and a return on equity of 11.14%. Keurig Dr Pepper’s revenue was up 10.6% compared to the same quarter last year. During the same period last year, the business posted $0.58 EPS. Keurig Dr Pepper has set its FY 2026 guidance at 2.130-2.170 EPS. On average, sell-side analysts expect that Keurig Dr Pepper, Inc will post 1.92 earnings per share for the current year.

Keurig Dr Pepper Dividend Announcement

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

Insider Activity

In other news, VP Angela A. Stephens sold 10,000 shares of Keurig Dr Pepper stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $29.52, for a total value of $295,200.00. Following the transaction, the vice president directly owned 54,200 shares in the company, valued at approximately $1,599,984. The trade was a 15.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.40% 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.