Keurig Dr Pepper, Inc (NASDAQ:KDP) Receives Average Recommendation of “Hold” from Brokerages

Shares of Keurig Dr Pepper, Inc (NASDAQ:KDP) have been given a consensus rating of “Hold” by the sixteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $34.3571.

Several equities analysts have recently issued reports on KDP shares. Deutsche Bank Aktiengesellschaft reduced their target price on Keurig Dr Pepper from $34.00 to $28.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Barclays lifted 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 report on Thursday, February 26th. 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. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Keurig Dr Pepper in a research report on Wednesday, January 28th. Finally, 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 report on Wednesday, February 25th.

Keurig Dr Pepper Price Performance

NASDAQ KDP opened at $25.31 on Friday. Keurig Dr Pepper has a 1 year low of $25.03 and a 1 year high of $36.12. The stock has a market capitalization of $34.39 billion, a PE ratio of 16.54, a PEG ratio of 1.28 and a beta of 0.35. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.64 and a quick ratio of 0.43. The business’s 50-day moving average is $28.02 and its 200 day moving average is $27.60.

Keurig Dr Pepper (NASDAQ:KDP) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.60 EPS for the quarter, beating 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 business had revenue of $4.50 billion during the quarter, compared to analyst estimates of $4.35 billion. During the same quarter in the prior year, the company posted $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. Sell-side analysts forecast that Keurig Dr Pepper will post 1.92 earnings per share for the current year.

Keurig Dr Pepper Dividend Announcement

The company 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 dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Friday, March 27th. Keurig Dr Pepper’s payout ratio is presently 60.13%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in KDP. T. Rowe Price Investment Management Inc. bought a new stake in shares of Keurig Dr Pepper during the fourth quarter valued at approximately $727,667,000. Norges Bank bought a new position in Keurig Dr Pepper in the fourth quarter worth $568,361,000. Capital International Investors raised its holdings in Keurig Dr Pepper by 1,987.4% in the fourth quarter. Capital International Investors now owns 16,858,031 shares of the company’s stock worth $472,193,000 after purchasing an additional 16,050,437 shares in the last quarter. Wellington Management Group LLP lifted its position in Keurig Dr Pepper by 37.0% during the fourth quarter. Wellington Management Group LLP now owns 57,003,344 shares of the company’s stock valued at $1,596,664,000 after buying an additional 15,393,753 shares during the period. Finally, AQR Capital Management LLC lifted its position in Keurig Dr Pepper by 285.3% during the fourth quarter. AQR Capital Management LLC now owns 11,636,027 shares of the company’s stock valued at $325,925,000 after buying an additional 8,615,869 shares during the period. Institutional investors 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.