Munich Reinsurance Co Stock Corp in Munich Increases Stake in Keurig Dr Pepper, Inc $KDP

Key Points

• Munich Reinsurance Co Stock Corp in Munich boosted its stake in Keurig Dr Pepper by 50.6% in Q4 to 2,317,846 shares (about $65.25M), making KDP roughly 1.6% of Munich Re’s portfolio and its 25th-largest holding.
• Keurig Dr Pepper beat Q1 EPS estimates ($0.39 vs. $0.37) with revenue up 9.4% year-over-year, completed the JDE Peet’s acquisition, and pays a $0.23 quarterly dividend (about a 3.1% yield).
• Analyst sentiment is mixed but overall positive: the stock carries an average rating of “Moderate Buy” with a mean price target of $31.43, while firms like JPMorgan and UBS recently raised their targets to $33 and $34 respectively.

Munich Reinsurance Co Stock Corp in Munich grew its position in Keurig Dr Pepper, Inc (NASDAQ:KDP - Free Report) by 50.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,317,846 shares of the company's stock after acquiring an additional 779,258 shares during the quarter. Keurig Dr Pepper comprises about 1.6% of Munich Reinsurance Co Stock Corp in Munich's portfolio, making the stock its 25th largest position. Munich Reinsurance Co Stock Corp in Munich owned 0.17% of Keurig Dr Pepper worth $65,247,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new position in Keurig Dr Pepper in the 3rd quarter worth about $26,000. Salomon & Ludwin LLC purchased a new position in Keurig Dr Pepper in the 4th quarter worth about $26,000. Clearstead Trust LLC increased its stake in Keurig Dr Pepper by 98.3% in the 3rd quarter. Clearstead Trust LLC now owns 1,081 shares of the company's stock worth $28,000 after buying an additional 536 shares during the period. Mather Group LLC. purchased a new position in Keurig Dr Pepper in the 3rd quarter worth about $30,000. Finally, SBI Securities Co. Ltd. increased its stake in Keurig Dr Pepper by 71.7% in the 3rd quarter. SBI Securities Co. Ltd. now owns 1,159 shares of the company's stock worth $30,000 after buying an additional 484 shares during the period. Hedge funds and other institutional investors own 93.99% of the company's stock.

Wall Street Analysts Forecast Growth

KDP has been the topic of several recent research reports. BNP Paribas Exane upgraded shares of Keurig Dr Pepper from an "underperform" rating to a "neutral" rating and set a $28.00 target price on the stock in a report on Wednesday. Barclays dropped their target price on shares of Keurig Dr Pepper from $32.00 to $28.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 14th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Keurig Dr Pepper in a report on Wednesday, January 28th. JPMorgan Chase & Co. increased their target price on shares of Keurig Dr Pepper from $32.00 to $33.00 and gave the stock an "overweight" rating in a report on Friday. Finally, UBS Group increased their target price on shares of Keurig Dr Pepper from $32.00 to $34.00 and gave the stock a "buy" rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $31.43.

Keurig Dr Pepper Stock Up 2.4%

NASDAQ:KDP opened at $29.22 on Friday. Keurig Dr Pepper, Inc has a fifty-two week low of $24.88 and a fifty-two week high of $35.94. The stock has a market capitalization of $39.70 billion, a P/E ratio of 21.64, a P/E/G ratio of 1.44 and a beta of 0.35. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.43 and a current ratio of 2.31. The company's 50-day simple moving average is $27.51 and its 200-day simple moving average is $27.64.

Keurig Dr Pepper (NASDAQ:KDP - Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.37 by $0.02. The firm had revenue of $3.98 billion during the quarter, compared to analyst estimates of $7.23 billion. Keurig Dr Pepper had a net margin of 10.81% and a return on equity of 10.51%. Keurig Dr Pepper's revenue was up 9.4% on a year-over-year basis. During the same period last year, the firm posted $0.42 EPS. On average, equities analysts anticipate that Keurig Dr Pepper, Inc will post 2.27 earnings per share for the current fiscal year.

Keurig Dr Pepper Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Friday, March 27th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Friday, March 27th. Keurig Dr Pepper's dividend payout ratio (DPR) is presently 60.13%.

More Keurig Dr Pepper News

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

• Positive Sentiment: Q1 results topped estimates: KDP reported EPS above consensus and ~9–11% organic net sales growth led by U.S. refreshment/cold beverages, which underpins near‑term revenue momentum. PR: Q1 Results
• Positive Sentiment: Acquisition closed: KDP completed the JDE Peet’s deal (April 1), expanding coffee exposure and supporting long‑term revenue mix diversification. This strategic move is being viewed favorably despite near‑term integration work. MSN: Acquisition Closed
• Positive Sentiment: Wall Street lift: JPMorgan raised its price target to $33 and kept an Overweight rating, giving the stock additional analyst support. TickerReport: JPMorgan PT Raise
• Positive Sentiment: Institutional buying and option activity: Oakmark’s Bill Nygren disclosed an increased stake, and high call‑option volume suggests speculative bullish positioning that can amplify intraday moves. 247WallSt: Nygren Bought Options Activity
• Neutral Sentiment: Guidance reaffirmed: Management reaffirmed FY‑2026 outlook for constant‑currency net sales and adjusted EPS, which stabilizes expectations but offers limited upside surprise potential. PR: Guidance Reaffirmed
• Negative Sentiment: Profit pressure and execution risks: Margins were under pressure from higher costs; analysts and commentaries flag persistent inflation, integration/execution risk from JDE Peet’s and the planned company split, and at least one note saying FY sales guidance is below estimates. These are downside catalysts if costs or integration drag on results. SeekingAlpha: Guidance Below Estimates WSJ: Cost Pressure

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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