Keurig Dr Pepper, Inc $KDP Shares Acquired by Ossiam

Key Points

• Ossiam increased its stake in Keurig Dr Pepper by 508% in Q3, buying 606,826 shares to hold 726,288 shares worth about $18.53 million (≈0.05% of the company).
• Keurig Dr Pepper beat Q4 expectations with $0.60 EPS vs. $0.59 and $4.50B revenue (up 10.6% YoY), and set FY2026 guidance of 2.130–2.170 EPS while analysts expect ~1.92 EPS for the current year.
• The company declared a quarterly dividend of $0.23 per share (annualized $0.92), a 3.4% yield; the ex-dividend date is March 27 and the payment date is April 10.

Ossiam lifted its holdings in shares of Keurig Dr Pepper, Inc (NASDAQ:KDP - Free Report) by 508.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 726,288 shares of the company's stock after buying an additional 606,826 shares during the period. Ossiam owned 0.05% of Keurig Dr Pepper worth $18,528,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of KDP. Vanguard Group Inc. boosted its stake in Keurig Dr Pepper by 9.8% in the second quarter. Vanguard Group Inc. now owns 159,257,574 shares of the company's stock valued at $5,265,055,000 after acquiring an additional 14,244,768 shares during the period. State Street Corp raised its position in shares of Keurig Dr Pepper by 11.2% during the 2nd quarter. State Street Corp now owns 63,608,006 shares of the company's stock worth $2,117,279,000 after purchasing an additional 6,412,494 shares during the period. Invesco Ltd. lifted its holdings in shares of Keurig Dr Pepper by 43.2% in the 2nd quarter. Invesco Ltd. now owns 31,467,631 shares of the company's stock worth $1,040,320,000 after purchasing an additional 9,494,503 shares during the last quarter. Geode Capital Management LLC boosted its position in Keurig Dr Pepper by 13.5% during the 2nd quarter. Geode Capital Management LLC now owns 30,217,363 shares of the company's stock valued at $994,275,000 after purchasing an additional 3,595,579 shares during the period. Finally, Barrow Hanley Mewhinney & Strauss LLC boosted its position in Keurig Dr Pepper by 0.9% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 20,558,966 shares of the company's stock valued at $524,459,000 after purchasing an additional 182,341 shares during the period. Institutional investors own 93.99% of the company's stock.

Keurig Dr Pepper Trading Up 1.8%

NASDAQ:KDP opened at $27.41 on Friday. The stock has a market cap of $37.24 billion, a price-to-earnings ratio of 17.92, a PEG ratio of 1.40 and a beta of 0.33. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.43 and a current ratio of 0.64. Keurig Dr Pepper, Inc has a 1 year low of $25.03 and a 1 year high of $36.12. The business has a fifty day moving average of $28.38 and a 200-day moving average of $27.81.

Keurig Dr Pepper (NASDAQ:KDP - Get Free Report) last issued 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 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 company's revenue was up 10.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.58 earnings per share. Keurig Dr Pepper has set its FY 2026 guidance at 2.130-2.170 EPS. Equities analysts predict that Keurig Dr Pepper, Inc will post 1.92 earnings per share for the current year.

Keurig Dr Pepper Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Friday, March 27th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Friday, March 27th. Keurig Dr Pepper's payout ratio is 60.13%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on KDP shares. Wells Fargo & Company increased their target price on 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 target on shares of Keurig Dr Pepper from $30.00 to $32.00 and gave the company an "equal weight" rating in a report on Thursday, February 26th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Keurig Dr Pepper in a research report on Wednesday, January 28th. Piper Sandler boosted their target price on shares of Keurig Dr Pepper from $35.00 to $38.00 and gave the company an "overweight" rating in a research note on Monday, December 15th. Finally, UBS Group restated a "buy" rating and issued a $36.00 target price on shares of Keurig Dr Pepper in a research report on Thursday, February 26th. Ten equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Keurig Dr Pepper presently has a consensus rating of "Moderate Buy" and a consensus target price of $35.40.

Keurig Dr Pepper 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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