Kepler Cheuvreux Suisse SA Makes New $4.07 Million Investment in Keurig Dr Pepper, Inc $KDP

Key Points

• Kepler Cheuvreux Suisse SA initiated a new position in Keurig Dr Pepper, buying 159,373 shares in Q3 worth approximately $4.07 million according to its 13F filing.
• Major institutions also moved in heavily—Norges Bank opened a $568.5M position and Vanguard, Invesco and State Street materially increased stakes—leaving roughly 94% of the float held by institutional investors.
• Keurig Dr Pepper recently beat Q results (Q EPS $0.60 vs $0.59 expected; revenue $4.50B, +10.6% YoY), issued FY2026 EPS guidance of 2.13–2.17, and pays a quarterly dividend of $0.23 (about 3.3% yield).

Kepler Cheuvreux Suisse SA purchased a new stake in shares of Keurig Dr Pepper, Inc (NASDAQ:KDP - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 159,373 shares of the company's stock, valued at approximately $4,066,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Norges Bank bought a new position in Keurig Dr Pepper during the second quarter worth $568,525,000. Vanguard Group Inc. raised its stake in Keurig Dr Pepper by 9.8% during the 2nd quarter. Vanguard Group Inc. now owns 159,257,574 shares of the company's stock valued at $5,265,055,000 after purchasing an additional 14,244,768 shares during the last quarter. Invesco Ltd. boosted its holdings in Keurig Dr Pepper by 43.2% in the 2nd quarter. Invesco Ltd. now owns 31,467,631 shares of the company's stock valued at $1,040,320,000 after purchasing an additional 9,494,503 shares during the period. State Street Corp boosted its holdings in Keurig Dr Pepper by 11.2% in the 2nd quarter. State Street Corp now owns 63,608,006 shares of the company's stock valued at $2,117,279,000 after purchasing an additional 6,412,494 shares during the period. Finally, Geode Capital Management LLC grew its position in Keurig Dr Pepper by 13.5% in the 2nd quarter. Geode Capital Management LLC now owns 30,217,363 shares of the company's stock worth $994,275,000 after purchasing an additional 3,595,579 shares during the last quarter. 93.99% of the stock is owned by institutional investors and hedge funds.

Keurig Dr Pepper Price Performance

NASDAQ:KDP opened at $28.04 on Wednesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.43 and a current ratio of 0.64. The company has a 50-day moving average of $28.41 and a 200-day moving average of $27.84. Keurig Dr Pepper, Inc has a 52 week low of $25.03 and a 52 week high of $36.12. The company has a market capitalization of $38.10 billion, a price-to-earnings ratio of 18.33, a PEG ratio of 1.52 and a beta of 0.33.

Keurig Dr Pepper (NASDAQ:KDP - Get Free Report) last posted its earnings results 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 for the quarter, compared to analysts' expectations of $4.35 billion. Keurig Dr Pepper had a net margin of 12.52% and a return on equity of 11.14%. The firm's revenue for the quarter was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.58 earnings per share. Keurig Dr Pepper has set its FY 2026 guidance at 2.130-2.170 EPS. As a group, equities 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 business also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.3%. Keurig Dr Pepper's dividend payout ratio is presently 60.13%.

Insider Activity

In related news, VP Angela A. Stephens sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $29.52, for a total transaction 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 trade represents a 15.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.00% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Piper Sandler boosted their price objective on shares of Keurig Dr Pepper from $35.00 to $38.00 and gave the stock an "overweight" rating in a report on Monday, December 15th. UBS Group reissued a "buy" rating and set a $36.00 target price on shares of Keurig Dr Pepper in a research report on Thursday, February 26th. Wells Fargo & Company boosted their price target on Keurig Dr Pepper from $35.00 to $40.00 and gave the company an "overweight" rating in a research note on Wednesday, February 25th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Keurig Dr Pepper in a report on Wednesday, January 28th. Finally, Barclays raised their price objective 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. Ten investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $35.40.

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.

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