Private Management Group Inc. Buys New Stake in Keurig Dr Pepper, Inc $KDP

Key Points

• Private Management Group Inc. purchased a new position of 1,388,430 shares of Keurig Dr Pepper valued at approximately $35.42 million, representing about 0.10% of KDP and making it 1.1% of the firm's portfolio (its 23rd largest holding).
• Keurig Dr Pepper reported $0.60 EPS (beating the $0.59 estimate) and $4.50 billion in revenue (above the $4.35 billion estimate), with revenue up 10.6% year‑over‑year and FY2026 EPS guidance of 2.13–2.17.
• The company announced a quarterly dividend of $0.23 (annualized $0.92, yield 3.4%, ex‑dividend Mar 27, payable Apr 10) while analysts show a consensus "Moderate Buy" with an average target of $35.40.

Private Management Group Inc. purchased a new position in shares of Keurig Dr Pepper, Inc (NASDAQ:KDP - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 1,388,430 shares of the company's stock, valued at approximately $35,419,000. Keurig Dr Pepper makes up 1.1% of Private Management Group Inc.'s portfolio, making the stock its 23rd biggest holding. Private Management Group Inc. owned about 0.10% of Keurig Dr Pepper at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. AlphaCore Capital LLC acquired a new position in Keurig Dr Pepper in the second quarter valued at $26,000. Root Financial Partners LLC acquired a new stake in shares of Keurig Dr Pepper during the third quarter worth about $26,000. Clearstead Trust LLC increased its position in shares of Keurig Dr Pepper by 98.3% during the third quarter. Clearstead Trust LLC now owns 1,081 shares of the company's stock worth $28,000 after purchasing an additional 536 shares in the last quarter. Mather Group LLC. purchased a new stake in shares of Keurig Dr Pepper in the 3rd quarter valued at about $30,000. Finally, SBI Securities Co. Ltd. lifted its holdings in shares of Keurig Dr Pepper by 71.7% in the 3rd quarter. SBI Securities Co. Ltd. now owns 1,159 shares of the company's stock valued at $30,000 after purchasing an additional 484 shares during the last quarter. 93.99% of the stock is owned by hedge funds and other institutional investors.

Keurig Dr Pepper Trading Up 1.8%

Shares of KDP stock opened at $27.41 on Friday. The business's fifty day moving average price is $28.38 and its 200 day moving average price is $27.81. The firm has a market capitalization of $37.24 billion, a PE ratio of 17.92, a P/E/G ratio of 1.40 and a beta of 0.33. 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, Inc has a 1-year low of $25.03 and a 1-year high of $36.12.

Keurig Dr Pepper (NASDAQ:KDP - Get Free Report) last released its earnings results on Tuesday, February 24th. The company reported $0.60 EPS for the quarter, beating analysts' consensus estimates of $0.59 by $0.01. The company had revenue of $4.50 billion during the quarter, compared to the consensus estimate of $4.35 billion. Keurig Dr Pepper had a return on equity of 11.14% and a net margin of 12.52%.Keurig Dr Pepper's quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.58 earnings per share. Keurig Dr Pepper has set its FY 2026 guidance at 2.130-2.170 EPS. As a group, sell-side analysts forecast that Keurig Dr Pepper, Inc will post 1.92 EPS for the current fiscal 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 paid a $0.23 dividend. The ex-dividend date is Friday, March 27th. This represents a $0.92 annualized dividend and a dividend yield of 3.4%. Keurig Dr Pepper's dividend payout ratio (DPR) is 60.13%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on KDP. Barclays raised their price target on Keurig Dr Pepper from $30.00 to $32.00 and gave the stock an "equal weight" rating in a research note on Thursday, February 26th. Wells Fargo & Company boosted their price objective 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. Piper Sandler increased their price objective on Keurig Dr Pepper from $35.00 to $38.00 and gave the company an "overweight" rating in a report on Monday, December 15th. Weiss Ratings restated a "hold (c-)" rating on shares of Keurig Dr Pepper in a research report on Wednesday, January 28th. Finally, Jefferies Financial Group cut shares of Keurig Dr Pepper from a "buy" rating to a "hold" rating and cut their target price for the company from $39.00 to $32.00 in a report on Tuesday, December 16th. Ten equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $35.40.

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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