B. Metzler seel. Sohn & Co. AG Acquires 225,613 Shares of Keurig Dr Pepper, Inc $KDP

B. Metzler seel. Sohn & Co. AG increased its stake in Keurig Dr Pepper, Inc (NASDAQ:KDP - Free Report) by 205.7% during the second quarter, according to its most recent filing with the SEC. The fund owned 335,318 shares of the company's stock after buying an additional 225,613 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Keurig Dr Pepper were worth $10,975,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in KDP. NewEdge Advisors LLC raised its holdings in shares of Keurig Dr Pepper by 30.6% in the 1st quarter. NewEdge Advisors LLC now owns 15,488 shares of the company's stock worth $530,000 after purchasing an additional 3,627 shares during the period. Empowered Funds LLC raised its stake in shares of Keurig Dr Pepper by 248.0% in the first quarter. Empowered Funds LLC now owns 69,801 shares of the company's stock valued at $2,389,000 after buying an additional 49,741 shares during the period. Woodline Partners LP lifted 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 valued at $3,452,000 after buying an additional 33,258 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Keurig Dr Pepper during the 2nd quarter valued at $328,000. Finally, Jump Financial LLC grew its stake in shares of Keurig Dr Pepper by 253.6% during the 2nd quarter. Jump Financial LLC now owns 76,089 shares of the company's stock worth $2,516,000 after acquiring an additional 54,571 shares during the period. Institutional investors own 93.99% of the company's stock.

Insider Buying and Selling

In other news, Director Aaron E. Alt purchased 7,862 shares of Keurig Dr Pepper stock in a transaction dated Tuesday, August 25th. The stock was purchased at an average cost of $31.83 per share, for a total transaction of $250,247.46. Following the transaction, the director directly owned 7,862 shares of the company's stock, valued at approximately $250,247.46. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.34% of the stock is currently owned by insiders.

Key Keurig Dr Pepper News

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

• Positive Sentiment: KDP will sell its minority stake in Chobani and a Pennsylvania manufacturing facility to Chobani for $925 million in pre-tax proceeds. Management said the cash will support deleveraging, which could improve balance-sheet flexibility following the JDE Peet’s acquisition. Reuters article
• Positive Sentiment: The transaction removes a non-core investment and manufacturing asset, helping KDP sharpen its focus on beverages while preserving and expanding its long-term commercial relationship with Chobani. Chobani plans to invest approximately $1.2 billion in a Pennsylvania manufacturing campus, potentially strengthening the partnership and securing future production capacity. KDP press release
• Positive Sentiment: The latest coverage characterizes the Chobani exit as favorable for KDP because it provides immediate liquidity, supports debt reduction and may make the planned business split easier to execute. MSN article
• Neutral Sentiment: Analysts maintain an average “Moderate Buy” recommendation, indicating generally constructive sentiment but not an overwhelming consensus. KDP’s most recent reported quarter also exceeded estimates, with adjusted earnings of $0.57 per share versus $0.54 expected and revenue of $7.31 billion versus $7.23 billion. Analyst recommendation article

Keurig Dr Pepper Stock Up 2.2%

Shares of NASDAQ KDP opened at $32.59 on Thursday. The company has a quick ratio of 0.28, a current ratio of 0.48 and a debt-to-equity ratio of 0.74. The company has a market cap of $44.35 billion, a P/E ratio of 32.92, a P/E/G ratio of 1.51 and a beta of 0.40. Keurig Dr Pepper, Inc has a 52 week low of $24.88 and a 52 week high of $33.82. The business has a 50-day simple moving average of $31.30 and a two-hundred day simple moving average of $29.56.

Keurig Dr Pepper (NASDAQ:KDP - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.03. The firm had revenue of $7.31 billion for the quarter, compared to analysts' expectations of $7.23 billion. Keurig Dr Pepper had a return on equity of 10.80% and a net margin of 7.10%.The company's revenue was up 75.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.49 earnings per share. Research analysts anticipate that Keurig Dr Pepper, Inc will post 2.3 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on KDP shares. Zacks Research cut Keurig Dr Pepper from a "strong-buy" rating to a "hold" rating in a research note on Monday, May 18th. JPMorgan Chase & Co. increased their target price on shares of Keurig Dr Pepper from $33.00 to $38.00 and gave the stock an "overweight" rating in a research report on Thursday, July 23rd. The Goldman Sachs Group upgraded shares of Keurig Dr Pepper from a "neutral" rating to a "neutral" rating in a research note on Thursday, June 25th. Sanford C. Bernstein set a $39.00 price target on shares of Keurig Dr Pepper in a research report on Wednesday, July 8th. Finally, Wells Fargo & Company set a $37.00 price target on shares of Keurig Dr Pepper in a research note on Wednesday, July 1st. Eleven equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $34.94.

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.

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