Keurig Dr Pepper (NASDAQ:KDP) Given New $39.00 Price Target at UBS Group

Keurig Dr Pepper (NASDAQ:KDP) had its price objective hoisted by UBS Group from $38.00 to $39.00 in a research report released on Friday morning,Benzinga reports. UBS Group currently has a buy rating on the stock.

A number of other brokerages have also recently commented on KDP. JPMorgan Chase & Co. increased their target price on Keurig Dr Pepper from $33.00 to $38.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Citigroup lifted their price target on Keurig Dr Pepper from $32.00 to $37.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Royal Bank Of Canada reiterated an “outperform” rating and set a $42.00 price target on shares of Keurig Dr Pepper in a research report on Tuesday. The Goldman Sachs Group raised Keurig Dr Pepper from a “neutral” rating to a “neutral” rating in a research note on Thursday, June 25th. Finally, Evercore set a $30.00 price objective on Keurig Dr Pepper in a report on Friday, April 24th. Nine analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Keurig Dr Pepper currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.00.

Keurig Dr Pepper Stock Down 1.2%

Shares of NASDAQ KDP opened at $30.01 on Friday. The firm has a market cap of $40.83 billion, a price-to-earnings ratio of 30.31, a price-to-earnings-growth ratio of 1.39 and a beta of 0.40. The company’s 50-day simple moving average is $31.19 and its 200-day simple moving average is $29.13. The company has a quick ratio of 2.12, a current ratio of 0.48 and a debt-to-equity ratio of 0.74. Keurig Dr Pepper has a 52-week low of $24.88 and a 52-week high of $35.94.

Keurig Dr Pepper (NASDAQ:KDP) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.03. The firm had revenue of $7.31 billion during the quarter, compared to the consensus estimate of $7.23 billion. Keurig Dr Pepper had a net margin of 7.10% and a return on equity of 10.80%. The company’s revenue for the quarter was up 75.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.49 EPS. Equities analysts predict that Keurig Dr Pepper will post 2.29 EPS for the current fiscal year.

Keurig Dr Pepper Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Friday, June 26th were issued a dividend of $0.23 per share. The ex-dividend date was Friday, June 26th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.1%. Keurig Dr Pepper’s dividend payout ratio (DPR) is currently 68.15%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in KDP. NewEdge Advisors LLC raised its position in Keurig Dr Pepper by 30.6% in the first quarter. NewEdge Advisors LLC now owns 15,488 shares of the company’s stock valued at $530,000 after purchasing an additional 3,627 shares during the period. Empowered Funds LLC increased its position in shares of Keurig Dr Pepper by 248.0% during the 1st quarter. Empowered Funds LLC now owns 69,801 shares of the company’s stock worth $2,389,000 after purchasing an additional 49,741 shares during the last quarter. Woodline Partners LP increased its position in shares of Keurig Dr Pepper by 49.2% during the 1st quarter. Woodline Partners LP now owns 100,870 shares of the company’s stock worth $3,452,000 after purchasing an additional 33,258 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Keurig Dr Pepper in the 2nd quarter valued at about $328,000. Finally, Jump Financial LLC raised its holdings in Keurig Dr Pepper by 253.6% in the 2nd quarter. Jump Financial LLC now owns 76,089 shares of the company’s stock valued at $2,516,000 after buying an additional 54,571 shares during the period. 93.99% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Keurig Dr Pepper

Here are the key news stories impacting Keurig Dr Pepper this week:

• Positive Sentiment: Q2 results exceeded expectations. KDP reported adjusted earnings of $0.57 per share, above consensus estimates of roughly $0.54-$0.55, while revenue reached $7.31 billion versus expectations of $7.23 billion. EPS increased from $0.49 a year earlier. Keurig Dr Pepper Reports Q2 Results and Reaffirms Guidance for 2026
• Positive Sentiment: Growth benefited from U.S. Refreshment Beverages and JDE Peet’s. Management and analysts pointed to continued momentum in the U.S. beverage business, contributions from the JDE Peet’s acquisition, and efficiency initiatives as key drivers of the quarterly performance. Reported revenue rose 75.6% year over year, although the increase was significantly affected by the acquisition. Keurig Q2 Earnings and Sales Beat Estimates on JDE Peet’s Strength
• Positive Sentiment: RBC Capital maintained a Buy rating. The continued bullish analyst stance provides support for KDP’s investment case following the earnings report. RBC Capital Remains a Buy on Keurig Dr Pepper
• Neutral Sentiment: Full-year guidance was reaffirmed rather than increased. KDP maintained its 2026 constant-currency sales outlook of $25.9 billion to $26.4 billion, broadly in line with the approximately $26.2 billion consensus estimate, and reaffirmed its adjusted EPS outlook. This limits the potential for a major positive earnings-revision catalyst. Keurig Dr Pepper Maintains Annual Forecasts After Quarterly Results Beat
• Negative Sentiment: Investors remain focused on execution risk. The company is continuing work to separate into two businesses and is targeting a pro forma year-end management leverage ratio of 4.1 times. The separation costs, operational complexity and elevated leverage could temper enthusiasm despite the quarterly beat. Keurig Dr Pepper Posts Higher Sales as Separation Work Continues

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.