Capital International Inc. CA Grows Position in Keurig Dr Pepper, Inc $KDP

Capital International Inc. CA increased its holdings in shares of Keurig Dr Pepper, Inc (NASDAQ:KDP) by 12.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,040,247 shares of the company’s stock after purchasing an additional 115,781 shares during the quarter. Capital International Inc. CA owned 0.08% of Keurig Dr Pepper worth $26,537,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. AlphaCore Capital LLC acquired a new position in Keurig Dr Pepper in the second quarter valued at about $26,000. Root Financial Partners LLC purchased a new stake in shares of Keurig Dr Pepper in the 3rd quarter valued at approximately $26,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in shares of Keurig Dr Pepper by 102,300.0% in the 2nd 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 during the period. Clearstead Trust LLC lifted its holdings in shares of Keurig Dr Pepper by 98.3% in the 3rd 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 last quarter. Finally, SBI Securities Co. Ltd. lifted its holdings in shares of Keurig Dr Pepper by 71.7% in the 3rd 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 last quarter. 93.99% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, VP Angela A. Stephens sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $29.52, for a total transaction of $295,200.00. Following the completion of the sale, the vice president owned 54,200 shares in the company, valued at $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 Securities & Exchange Commission, which is available through the SEC website. 1.00% of the stock is currently owned by insiders.

Keurig Dr Pepper Stock Performance

Shares of KDP stock opened at $28.04 on Wednesday. The company has a market cap of $38.10 billion, a P/E ratio of 18.33, a PEG ratio of 1.52 and a beta of 0.33. The firm has a fifty day moving average price of $28.41 and a 200 day moving average price of $27.84. 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 12 month low of $25.03 and a 12 month high of $36.12.

Keurig Dr Pepper (NASDAQ:KDP) last posted its quarterly earnings results on Tuesday, February 24th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.01. The company had revenue of $4.50 billion for the quarter, compared to analysts’ expectations of $4.35 billion. Keurig Dr Pepper had a return on equity of 11.14% and a net margin of 12.52%.Keurig Dr Pepper’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period last year, the firm earned $0.58 earnings per share. 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 firm also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Stockholders 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 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 60.13%.

Wall Street Analysts Forecast Growth

KDP has been the subject of several research analyst reports. Barclays raised their price target on 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. Piper Sandler increased their target price on Keurig Dr Pepper from $35.00 to $38.00 and gave the stock an “overweight” rating in a research note on Monday, December 15th. Jefferies Financial Group cut Keurig Dr Pepper from a “buy” rating to a “hold” rating and lowered their target price for the company from $39.00 to $32.00 in a report on Tuesday, December 16th. Wells Fargo & Company lifted their target price on Keurig Dr Pepper from $35.00 to $40.00 and gave the company an “overweight” rating in a research report on Wednesday, February 25th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Keurig Dr Pepper in a research 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, Keurig Dr Pepper currently has a consensus rating of “Moderate Buy” and a consensus price target 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.