Dimensional Fund Advisors LP Reduces Stock Position in Keurig Dr Pepper, Inc $KDP

Key Points

• Dimensional Fund Advisors trimmed its stake in Keurig Dr Pepper by 2.9%, selling 299,712 shares and now holding 9,920,210 shares (about 0.73% of the company) valued at roughly $253.1 million.
• Analyst sentiment is broadly positive with a consensus rating of "Moderate Buy" and a $35.40 average target; several firms have recently raised targets (Wells Fargo to $40, Piper Sandler to $38, UBS $36).
• Keurig Dr Pepper beat Q results (EPS $0.60 vs. $0.59; revenue $4.50B vs. $4.35B), set FY2026 guidance of 2.130–2.170 EPS, and announced a quarterly dividend of $0.23 (annualized yield ~3.3%).

Dimensional Fund Advisors LP trimmed its holdings in Keurig Dr Pepper, Inc (NASDAQ:KDP - Free Report) by 2.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,920,210 shares of the company's stock after selling 299,712 shares during the period. Dimensional Fund Advisors LP owned about 0.73% of Keurig Dr Pepper worth $253,083,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. NewSquare Capital LLC increased its stake in shares of Keurig Dr Pepper by 94.1% in the second quarter. NewSquare Capital LLC now owns 796 shares of the company's stock worth $26,000 after buying an additional 386 shares during the last quarter. AlphaCore Capital LLC acquired a new stake in Keurig Dr Pepper in the second quarter valued at $26,000. Root Financial Partners LLC bought a new position in Keurig Dr Pepper during the 3rd quarter valued at $26,000. Clearstead Trust LLC boosted its stake in Keurig Dr Pepper by 98.3% during the 3rd quarter. Clearstead Trust LLC now owns 1,081 shares of the company's stock valued at $28,000 after acquiring an additional 536 shares during the last quarter. Finally, Mather Group LLC. acquired a new position in Keurig Dr Pepper during the 3rd quarter worth $30,000. 93.99% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on KDP shares. Wells Fargo & Company boosted their target price on shares of Keurig Dr Pepper from $35.00 to $40.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 25th. Barclays boosted their price objective on Keurig Dr Pepper from $30.00 to $32.00 and gave the company an "equal weight" rating in a report on Thursday, February 26th. UBS Group reaffirmed a "buy" rating and set a $36.00 target price on shares of Keurig Dr Pepper in a report on Thursday, February 26th. Jefferies Financial Group downgraded Keurig Dr Pepper from a "buy" rating to a "hold" rating and lowered their price target for the company from $39.00 to $32.00 in a report on Tuesday, December 16th. Finally, Piper Sandler upped their price target on Keurig Dr Pepper from $35.00 to $38.00 and gave the company an "overweight" rating in a research report on Monday, December 15th. Ten investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Keurig Dr Pepper currently has an average rating of "Moderate Buy" and a consensus target price of $35.40.

Insider Transactions at Keurig Dr Pepper

In related news, VP Angela A. Stephens sold 10,000 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $29.52, for a total value of $295,200.00. Following the completion of the transaction, the vice president owned 54,200 shares in the company, valued at $1,599,984. This represents a 15.58% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.40% of the stock is owned by corporate insiders.

Keurig Dr Pepper Stock Performance

Shares of KDP stock opened at $28.25 on Friday. Keurig Dr Pepper, Inc has a 12-month low of $25.03 and a 12-month high of $36.12. The firm has a market capitalization of $38.38 billion, a price-to-earnings ratio of 18.46, a price-to-earnings-growth ratio of 1.51 and a beta of 0.33. The business has a 50 day simple moving average of $28.41 and a 200 day simple moving average of $28.04. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.64 and a quick ratio of 0.43.

Keurig Dr Pepper (NASDAQ:KDP - Get Free Report) last announced its earnings results on Tuesday, February 24th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.01. Keurig Dr Pepper had a return on equity of 11.14% and a net margin of 12.52%.The firm had revenue of $4.50 billion for the quarter, compared to the consensus estimate of $4.35 billion. During the same quarter in the previous year, the business earned $0.58 EPS. The firm's revenue for the quarter was up 10.6% on a year-over-year basis. Keurig Dr Pepper has set its FY 2026 guidance at 2.130-2.170 EPS. On average, equities research analysts anticipate that Keurig Dr Pepper, Inc will post 1.92 EPS for the current year.

Keurig Dr Pepper Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 27th will be issued a $0.23 dividend. The ex-dividend date of this dividend is Friday, March 27th. This represents a $0.92 annualized dividend and a yield of 3.3%. Keurig Dr Pepper's dividend payout ratio is presently 60.13%.

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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