Keurig Dr Pepper (NASDAQ:KDP) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Keurig Dr Pepper (NASDAQ:KDP) released its earnings results on Tuesday. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.59 by $0.01, FiscalAI reports. The firm had revenue of $4.50 billion for the quarter, compared to the consensus estimate of $4.35 billion. Keurig Dr Pepper had a net margin of 9.78% and a return on equity of 11.19%. The company’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.58 earnings per share. Keurig Dr Pepper updated its FY 2026 guidance to 2.130-2.170 EPS.

Keurig Dr Pepper Stock Up 0.8%

Shares of NASDAQ KDP opened at $29.77 on Tuesday. Keurig Dr Pepper has a 1 year low of $25.03 and a 1 year high of $36.12. The firm has a 50-day simple moving average of $28.14 and a two-hundred day simple moving average of $28.27. The company has a market cap of $40.44 billion, a P/E ratio of 25.66, a PEG ratio of 2.14 and a beta of 0.34. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.62 and a quick ratio of 0.38.

Keurig Dr Pepper Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 27th will be given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Friday, March 27th. Keurig Dr Pepper’s dividend payout ratio is 79.31%.

Insider Activity at Keurig Dr Pepper

In other news, VP Angela A. Stephens sold 10,000 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $29.52, for a total value of $295,200.00. Following the sale, the vice president directly owned 54,200 shares in the company, valued at approximately $1,599,984. This represents a 15.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Keurig Dr Pepper

Hedge funds have recently bought and sold shares of the business. State Street Corp increased its stake in Keurig Dr Pepper by 1.6% in the third quarter. State Street Corp now owns 64,594,706 shares of the company’s stock worth $1,662,361,000 after purchasing an additional 986,700 shares during the period. Wellington Management Group LLP grew its holdings in shares of Keurig Dr Pepper by 37.0% in the fourth quarter. Wellington Management Group LLP now owns 57,003,344 shares of the company’s stock worth $1,596,664,000 after purchasing an additional 15,393,753 shares during the last quarter. Morgan Stanley grew its holdings in shares of Keurig Dr Pepper by 3.0% in the fourth quarter. Morgan Stanley now owns 25,357,596 shares of the company’s stock worth $710,266,000 after purchasing an additional 730,864 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its stake in Keurig Dr Pepper by 3.3% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 21,247,485 shares of the company’s stock worth $595,142,000 after buying an additional 688,519 shares during the period. Finally, T. Rowe Price Investment Management Inc. bought a new stake in Keurig Dr Pepper during the 4th quarter valued at about $523,739,000. Institutional investors own 93.99% of the company’s stock.

Key Headlines Impacting Keurig Dr Pepper

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

• Positive Sentiment: Q4 EPS and revenue beat — KDP reported $0.60 EPS vs. $0.59 consensus and revenue of $4.50B vs. $4.35B expected; net margin 9.78% and ROE 11.19%. Press Release
• Positive Sentiment: Strong U.S. refreshment beverage performance — net sales in the U.S. refreshment segment rose ~12% to $2.7B, driven largely by price realization. Keurig Dr Pepper Sales Rise on Higher Prices
• Positive Sentiment: 2026 outlook and leadership note — company reiterated targets for double‑digit adjusted EPS growth in 2026 and expects contribution from JDE Peet’s; board chair role to transition from Bob Gamgort to Pamela Patsley. This provides forward guidance and clarity on leadership. Q4 Results & 2026 Outlook
• Neutral Sentiment: Updated JDE Peet’s financing plan — KDP announced an updated financing approach and revised buyout timeline; this reduces near‑term deal uncertainty but details will determine leverage/dilution impact. Updated Financing Plan for JDE Peet’s Acquisition
• Neutral Sentiment: Recycling/ESG progress — K‑Cup pods now recyclable across Ontario, a positive ESG step that may improve brand perception but is unlikely to move near‑term earnings. K-Cup pods now recyclable in Ontario

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on KDP shares. UBS Group restated a “buy” rating and set a $35.00 price objective on shares of Keurig Dr Pepper in a research report on Tuesday, October 28th. Wells Fargo & Company raised their price target on Keurig Dr Pepper from $33.00 to $35.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. Piper Sandler lifted their price objective 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. Weiss Ratings reiterated a “hold (c-)” rating on shares of Keurig Dr Pepper in a research report on Wednesday, January 28th. Finally, Barclays raised their target price on shares of Keurig Dr Pepper from $26.00 to $30.00 and gave the company an “equal weight” rating in a report on Tuesday, October 28th. Ten equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Keurig Dr Pepper currently has an average rating of “Moderate Buy” and a consensus price target of $34.87.

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.