Keurig Dr Pepper (NASDAQ:KDP) Reaches New 52-Week Low – Here’s Why

Keurig Dr Pepper, Inc (NASDAQ:KDP)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $24.88 and last traded at $25.3050, with a volume of 1050249 shares traded. The stock had previously closed at $25.31.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Piper Sandler lifted their price target on shares of Keurig Dr Pepper from $35.00 to $38.00 and gave the company an “overweight” rating in a research report on Monday, December 15th. Wells Fargo & Company raised their target price on shares of Keurig Dr Pepper from $35.00 to $40.00 and gave the company an “overweight” rating in a research note on Wednesday, February 25th. Jefferies Financial Group lowered shares of 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. Barclays boosted 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. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on Keurig Dr Pepper from $34.00 to $28.00 and set a “hold” rating for the company in a research report on Monday, March 30th. Eight investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Keurig Dr Pepper presently has a consensus rating of “Hold” and a consensus target price of $34.36.

Keurig Dr Pepper Trading Up 0.3%

The stock’s 50 day moving average is $28.02 and its 200-day moving average is $27.61. The company has a market cap of $34.48 billion, a P/E ratio of 16.58, a PEG ratio of 1.28 and a beta of 0.35. 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 (NASDAQ:KDP) last released its quarterly earnings data 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 business had revenue of $4.50 billion during 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 earned $0.58 EPS. Keurig Dr Pepper has set its FY 2026 guidance at 2.130-2.170 EPS. Research analysts anticipate that Keurig Dr Pepper, Inc will post 1.92 earnings per share for the current fiscal year.

Keurig Dr Pepper Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 27th will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Friday, March 27th. This represents a $0.92 annualized dividend and a dividend yield of 3.6%. Keurig Dr Pepper’s dividend payout ratio (DPR) is 60.13%.

Hedge Funds Weigh In On Keurig Dr Pepper

Several hedge funds and other institutional investors have recently added to or reduced their stakes in KDP. Asset Dedication LLC boosted its stake in Keurig Dr Pepper by 3.8% during the 2nd quarter. Asset Dedication LLC now owns 7,922 shares of the company’s stock valued at $262,000 after purchasing an additional 288 shares during the last quarter. Auxier Asset Management raised its stake in shares of Keurig Dr Pepper by 0.4% in the second quarter. Auxier Asset Management now owns 72,163 shares of the company’s stock worth $2,386,000 after purchasing an additional 318 shares during the last quarter. Rossby Financial LCC raised its stake in shares of Keurig Dr Pepper by 45.1% in the fourth quarter. Rossby Financial LCC now owns 1,090 shares of the company’s stock worth $31,000 after purchasing an additional 339 shares during the last quarter. Wealth Watch Advisors INC lifted its holdings in shares of Keurig Dr Pepper by 18.3% during the fourth quarter. Wealth Watch Advisors INC now owns 2,407 shares of the company’s stock valued at $67,000 after purchasing an additional 373 shares in the last quarter. Finally, Park Avenue Securities LLC lifted its holdings in shares of Keurig Dr Pepper by 3.0% during the fourth quarter. Park Avenue Securities LLC now owns 13,691 shares of the company’s stock valued at $383,000 after purchasing an additional 405 shares in the last quarter. 93.99% of the stock is owned by institutional investors.

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.