Nisa Investment Advisors LLC Buys 34,083 Shares of Keurig Dr Pepper, Inc $KDP

Nisa Investment Advisors LLC grew its position in Keurig Dr Pepper, Inc (NASDAQ:KDP) by 75.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 79,022 shares of the company’s stock after purchasing an additional 34,083 shares during the period. Nisa Investment Advisors LLC’s holdings in Keurig Dr Pepper were worth $2,232,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. State Street Corp lifted its holdings in Keurig Dr Pepper by 11.2% during 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 last quarter. Ilex Capital Partners UK LLP grew its stake in Keurig Dr Pepper by 166.3% during the second quarter. Ilex Capital Partners UK LLP now owns 4,533,660 shares of the company’s stock worth $149,883,000 after buying an additional 2,831,078 shares during the last quarter. Marshall Wace LLP grew its stake in Keurig Dr Pepper by 1,546.0% during the third quarter. Marshall Wace LLP now owns 2,937,129 shares of the company’s stock worth $74,926,000 after buying an additional 2,758,685 shares during the last quarter. Amundi increased its holdings in shares of Keurig Dr Pepper by 56.5% during the second quarter. Amundi now owns 6,890,776 shares of the company’s stock worth $233,184,000 after buying an additional 2,486,631 shares in the last quarter. Finally, Man Group plc increased its holdings in shares of Keurig Dr Pepper by 4,084.2% during the third quarter. Man Group plc now owns 2,411,713 shares of the company’s stock worth $61,523,000 after buying an additional 2,354,075 shares in the last quarter. Institutional investors own 93.99% of the company’s stock.

Keurig Dr Pepper Price Performance

KDP opened at $25.31 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.64 and a quick ratio of 0.43. The stock has a market capitalization of $34.39 billion, a P/E ratio of 16.54, a price-to-earnings-growth ratio of 1.28 and a beta of 0.35. The company’s 50 day simple moving average is $28.02 and its 200-day simple moving average is $27.60. Keurig Dr Pepper, Inc has a one year low of $25.03 and a one year high of $36.12.

Keurig Dr Pepper (NASDAQ:KDP) last posted its quarterly earnings data on Tuesday, February 24th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.01. The firm had revenue of $4.50 billion during 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%. Keurig Dr Pepper’s revenue was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.58 EPS. Keurig Dr Pepper has set its FY 2026 guidance at 2.130-2.170 EPS. Sell-side 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 company also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Friday, March 27th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Friday, March 27th. Keurig Dr Pepper’s dividend payout ratio is 60.13%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on KDP. Weiss Ratings reissued a “hold (c-)” rating on shares of Keurig Dr Pepper in a report on Wednesday, January 28th. Wells Fargo & Company lifted their price objective on Keurig Dr Pepper from $35.00 to $40.00 and gave the company 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 stock an “equal weight” rating in a research note on Thursday, February 26th. UBS Group restated a “buy” rating and set a $36.00 target price on shares of Keurig Dr Pepper in a report on Thursday, February 26th. Finally, Jefferies Financial Group lowered Keurig Dr Pepper from a “buy” rating to a “hold” rating and lowered their target price for the company from $39.00 to $32.00 in a research note on Tuesday, December 16th. Eight equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $34.36.

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.