Mizuho Markets Cayman LP Has $29,000 Holdings in Keurig Dr Pepper, Inc $KDP

Mizuho Markets Cayman LP lessened its stake in Keurig Dr Pepper, Inc (NASDAQ:KDP) by 99.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,134 shares of the company’s stock after selling 200,366 shares during the period. Mizuho Markets Cayman LP’s holdings in Keurig Dr Pepper were worth $29,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Asset Dedication LLC lifted its position in shares of Keurig Dr Pepper by 3.8% in the 2nd quarter. Asset Dedication LLC now owns 7,922 shares of the company’s stock worth $262,000 after acquiring an additional 288 shares during the period. Auxier Asset Management increased its position in shares of Keurig Dr Pepper by 0.4% during the second quarter. Auxier Asset Management now owns 72,163 shares of the company’s stock valued at $2,386,000 after purchasing an additional 318 shares during the period. BOKF NA increased its position in shares of Keurig Dr Pepper by 44.1% during the third quarter. BOKF NA now owns 1,388 shares of the company’s stock valued at $35,000 after purchasing an additional 425 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. raised its stake in shares of Keurig Dr Pepper by 1.6% in the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 28,890 shares of the company’s stock valued at $955,000 after purchasing an additional 444 shares in the last quarter. Finally, SBI Securities Co. Ltd. raised its stake in shares of Keurig Dr Pepper by 71.7% in the third quarter. SBI Securities Co. Ltd. now owns 1,159 shares of the company’s stock valued at $30,000 after purchasing an additional 484 shares in the last quarter. 93.99% of the stock is owned by institutional investors and hedge funds.

Keurig Dr Pepper Stock Performance

NASDAQ:KDP opened at $27.57 on Wednesday. The stock has a market capitalization of $37.46 billion, a P/E ratio of 18.02, a price-to-earnings-growth ratio of 1.43 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. Keurig Dr Pepper, Inc has a 1 year low of $25.03 and a 1 year high of $36.12. The firm has a 50 day moving average of $28.39 and a 200-day moving average of $27.76.

Keurig Dr Pepper (NASDAQ:KDP) last issued its quarterly earnings data 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 return on equity of 11.14% and a net margin of 12.52%.The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 EPS. Keurig Dr Pepper has set its FY 2026 guidance at 2.130-2.170 EPS. As a group, sell-side analysts anticipate that Keurig Dr Pepper, Inc will post 1.92 EPS for the current fiscal year.

Keurig Dr Pepper Announces Dividend

The business 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 $0.23 dividend. 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 3.3%. Keurig Dr Pepper’s payout ratio is currently 60.13%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on KDP. Weiss Ratings reissued a “hold (c-)” rating on shares of Keurig Dr Pepper in a report on Wednesday, January 28th. Jefferies Financial Group downgraded shares of Keurig Dr Pepper from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $39.00 to $32.00 in a report on Tuesday, December 16th. UBS Group reiterated a “buy” rating and set a $36.00 target price on shares of Keurig Dr Pepper in a research report on Thursday, February 26th. Piper Sandler upped their target price on shares of Keurig Dr Pepper from $35.00 to $38.00 and gave the company an “overweight” rating in a research note on Monday, December 15th. Finally, 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 report on Wednesday, February 25th. Ten analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.